Aircraft Gearbox Market

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Aircraft Gearbox Market Trends, Size, Share,
Demands, Overview, Growth, Revenue and Forecast
to 2030
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Sternal Closure Systems Market Trends Forecast
Till 2030
Aircraft Gearbox Market, By Application
(Turbofan, Turboprop, Turboshaft, Turbojet, and
Piston Engine), By Gearbox Type (Accessory
Gearbox, Reduction Gearbox, Tail Rotor Gearbox,
Actuator Gearbox, Auxiliary Power Unit (APU)
Gearbox, and Others), By Aircraft Type
(Commercial Aircraft, Military Aircraft and
General Aviation Aircraft), and region (North
America, Europe, Asia-Pacific, Middle East and
Africa and South America).
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earbox-market
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Market Overview
The aircraft gearbox market plays a crucial role
in the aviation industry, providing essential
components that ensure the reliable and efficient
transmission of power from engines to propellers
or rotors. These gearboxes are integral to a wide
range of aircraft types, including military
aircraft, commercial airliners, helicopters, and
general aviation vehicles. The demand for
aircraft gearboxes is driven by several key
factors. First, the expansion and modernization
of airline fleets worldwide to accommodate
growing passenger traffic and replace aging
aircraft with more fuel-efficient models
significantly boost demand. This trend
necessitates advanced and reliable gearbox
technologies that can enhance aircraft
performance and operational efficiency. Purch
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aircraft-gearbox-market
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Key Findings
The Automotive Conformal Coatings Market is
segmented into Application, Gearbox Type,
Aircraft Type, and Region On the basis of
Application, In 2023, the Application segment led
the market with a dominant share of approximately
39. Turbofan engines are integral to aircraft
propulsion, featuring a large front fan in their
gas turbine design. On the basis of Gearbox
Type, In 2023, the reduction gearbox segment held
a significant market share of approximately 36.
A reduction gearbox plays a crucial role in
refining engine performance by ensuring smooth
operation throughout flight phases.
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Key Findings
On the basis of Aircraft, In 2023, the commercial
aircraft segment led the market with a
substantial share of approximately 47. Designed
for passenger and cargo transportation by
airlines, commercial aircraft are pivotal in
global trade and commerce. The market is also
divided into various regions such as North
America, Europe, Asia-Pacific, South America, and
Middle East and Africa. North America is
estimated to account for the largest market share
during the forecast period. Inquire Before
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Competitive Landscape

• Aero Gear Inc.
• Aero Gearbox International
• Ametek, Inc.
• Avio Aero
• General Electric Company
• Honeywell International Inc.
• Liebherr Group
• Mitsubishi Heavy Industries Ltd.

• Northstar Aerospace
• Park Ohio Holdings Corp.
• Rolls-Royce plc
• RTX Corporation
• Safran S.A.
• SKF Group
• The Timken Company

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Recent Developments
In August 2023, Triumph Group has secured a
long-term contract with General Electric (GE) for
Inlet Gearboxes (IGB) related to the LEAP-1A,
LEAP-1B, and LEAP-1C programs. The agreement
includes manufacturing at Triumph Geared
Solutions facility in Macomb, Michigan. With a
partnership exceeding 35 years and having
delivered over 25,000 gearboxes to date, this
extension highlights Triumphs dedication to
supplying GE with thousands of IGBs annually
through the next decade and beyond. In September
2023, Skanda Aerospace Technology (SATPL), based
in India, a collaboration between Raghu Vamsi
Machine Tools in India and Rave Gears LLC in
Texas, USA, inaugurated its inaugural advanced
manufacturing facility for gears and
gearboxes.
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Contact Information
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by assuring to provide the information on
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environment. We have a database for more than 45
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