Aerospace Landing Gear Market from Regional Jets to Grow at 6.4% CAGR to 2024: UTC Aerospace Systems, Safran, GKN Aerospace, Triumph and 9 Others
Commercial aircraft leads aerospace landing gear market share and will witness substantial growth in aerospace industry. Growing annual spending and rising disposable income in emerging countries is enhancing air passenger traffic resulting in increased demand for aircraft deliveries. According to CAPA (Confederation of Asian and Pacific Accountants), aircraft deliveries have increased constantly over the past seven years. In 2017, the commercial airplane fleet increased by over 4% as compared to 2016 and accounted for around 31,600 in-service aircrafts. Continuous rise...
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