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%.

The latest market study, Aircraft Gearbox market blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2022 – 2030. This research allows the business owners/individuals/ stakeholders to collect decisive information about market segmentation based on product category, usage and sale volume across the various geographical regions. Business stakeholders can prepare effective expansion plan by using the statistics on market share, size and the growth rate discussed in the report, for the forecast period of 2022 - 2030.

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 Key Players operating in the industry are:

The Timken Company, Triumph Group, CEF Industries, United Technologies Corporation, Liebherr, Rexnord Aerospace, Northstar Aerospace, Safran, Avion, and Aero Gear

Radical Features of the Aircraft Gearbox Market Report:

• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Aircraft Gearbox industry
• The report encompasses Aircraft Gearbox market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

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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 Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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