Lucintel Anticipates Global Commercial Aerospace Landing Gear Market to Reach $5.3 Billion by 2020

Irving, TX, June 01, 2014 --(PR.com)-- The global commercial aerospace landing gear market is expected to reach an estimated value of $5.3 billion by 2020. The major drivers of landing gear market are demand for lightweight and sophisticated landing gear systems, growth in aircraft deliveries, and retrofitting and replacement of systems in aging fleets in mature markets.

Lucintel, a leading global management consulting and market research firm, has analyzed the global commercial aerospace landing gear market by aircraft type and by region and has come up with a comprehensive research report, “Growth Opportunity in Global Commercial Aerospace Landing Gear Market 2013-2020:Trends, Forecasts and Opportunity Analysis” This report provides an analysis of the global commercial aerospace landing gear market including the market trend, supply chain analysis, growth opportunities, key drivers, and emerging trends of the market. The study also includes global commercial aerospace landing gear market trends and forecasts through 2020, segmented by regions and by aircraft type as follows:

Commercial aerospace landing gear market by regions:
· North America
· Europe
· Asia Pacific
· Rest of World

Commercial aerospace landing gear market by aircraft type:
· Commercial Aircraft
· Regional Jets
· General Aviation

On the basis of its comprehensive research, Lucintel forecasts that majority of the segments for landing gear market will grow moderately during 2013-2020. Commercial aircraft segment is growing at a greater pace than general aviation and regional jets. Increase in global air traffic and low-cost carrier market are the driving forces of the global commercial aerospace landing gear market. Growing demand of aircraft from emerging economies such as China, India, and the Middle East countries is anticipated to boost the market. Upcoming technology such as electric brakes and introduction of lightweight components such as carbon brakes and light wheel etc. will boost the market. Messier-Bugatti-Dowty, Liebherr, Goodrich Corporation, and Héroux-Devtek etc. are among the major suppliers of global commercial aircraft landing gear market. Regular innovation of products is very important for companies to sustain their successful position in the market.

This market research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com . You can also contact us through Live Chat in its website to answer your questions in real time.

About Lucintel
Lucintel, the premier global management consulting and market research firm creates winning strategy for growth—whether you need to understand market dynamics, identify new opportunities, or increase your profitability. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M & A and due diligence services to executives and key decision-makers in a variety of industries. Over the last 15 years, Lucintel has served over 1,000 corporations in 70 countries. For further information, visit www.lucintel.com.