Commercial Aircraft Landing Gear Market Is Expected To Reach USD 9.63 Billion By 2025
San Francisco, 23 May 2023: The Report Commercial Aircraft Landing Gear Market Size, Share & Trends Analysis Report By Gear Position (Main Landing, Nose Landing), By Component (Actuation System, Steering System), By Aircraft, By Arrangement, And Segment Forecasts, 2020 - 2025 The global commercial aircraft landing gear market size is expected to reach USD 9.63 billion by 2025, according to a new report by Grand View Research, Inc. The growing income levels of the middle-class population and rising affordability have resulted in air travel to become the preferred choice of travel. Airlines are increasingly making efforts to expand their fleet size to address the growing demand for air travel effectively. The growth in fleet size is anticipated to drive the global commercial aircraft landing gear market over the forecast period. The replacement of aging landing gear components in existing aircraft fleet by advanced systems is expected to impact the growth positively. The surgin