The global aircraft gearbox market size reached USD 2.65 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for lightweight aircraft components is a key factor driving revenue growth of the market. The diameter of the fan blades, the fewer parts, and the installation of a planetary gearbox are the main distinctions between a conventional and geared turbofan. This combination led to the creation of an engine with much lower noise, emissions, and fuel consumption. By reducing the fuel consumption of turbofans by 30% and hence lowering emissions into the atmosphere, geared turbofans reduce NOx emissions and micro-particulate pollution. Pratt PurePower has improved fuel efficiency by 16%, cut carbon emissions by 50%, and reduced noise by 75%.
Emergen Research latest document, titled ‘Global Aircraft Gearbox Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Aircraft Gearbox market. The report’s authors have offered necessary details on the latest Aircraft Gearbox market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Aircraft Gearbox industry entails useful insights into the estimated Aircraft Gearbox market size, revenue share, and sales distribution networks.
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Key companies profiled in the report include:
The Timken Company, Triumph Group, CEF Industries, United Technologies Corporation, Liebherr, Rexnord Aerospace, Northstar Aerospace, Safran, Avion, and Aero Gear
Key Questions Answered by the Report:
What are the key strategies adopted by the prominent players in the Aircraft Gearbox market?
What are the key product types and applications of the Aircraft Gearbox industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Aircraft Gearbox market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Aircraft Gearbox Market by 2027?
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
Click to access the Report Study, read key highlights of the Report and Look at Projected Trends:https://www.emergenresearch.com/industry-report/aircraft-gearbox-market
Market Segmentation
Type Outlook (Revenue, USD Billion; 2019–2030)
- Actuation
- Reduction
- Tail Rotor
- Accessory
- Auxiliary Power Unit
- Others
Platform Outlook (Revenue, USD Billion; 2019–2030)
- Civil
- Military
Application Outlook (Revenue, USD Billion; 2019–2030)
- Engine
- Airframe
Regional Analysis:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
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