Us Aircraft Landing Systems Parts Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Aircraft Landing Systems Parts Market was valued at USD 2.8 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The US aircraft landing systems parts market is experiencing significant growth, driven by increasing air travel demand and advancements in aviation technology. As of 2023, the market was valued at approximately USD 424.23 billion, with projections indicating a compound annual growth rate (CAGR) of 1.7% from 2024 to 2030. This expansion is largely attributed to the robust demand for high-quality aircraft parts, with established players like Boeing and Lockheed Martin leading the charge.
One notable trend is the surge in aircraft repairs and maintenance. Companies such as RTX have reported better-than-expected earnings, citing strong demand for aircraft repairs and defense systems. In the third quarter of 2024, RTX's adjusted sales rose by 6% to $20.1 billion, surpassing expectations. This uptick is partly due to airlines extending the service life of aircraft amid limited availability of new planes, creating a bustling aftermarket business.
However, the market is not without challenges. In early 2025, aerospace suppliers faced potential tariffs proposed by the U.S. government, prompting companies like Optima Aero to move inventory to the U.S. to mitigate risks. Such geopolitical factors can significantly impact the supply chain and cost structures within the industry.
In response to these challenges, global aerospace firms are increasingly turning to India to diversify their supply chains. Companies like Airbus, Collins Aerospace, and Rolls-Royce are sourcing more parts from Indian manufacturers to cushion the blow of Western supply chain disruptions. For instance, Rolls-Royce plans to double its sourcing from India within five years, highlighting a strategic shift towards more resilient and diversified supply networks.
Despite these hurdles, the future of the US aircraft landing systems parts market appears promising. The Asia-Pacific aerospace market revenue is projected to be 54% higher in 2024 compared to 2019, contrasting with North America's and Europe’s stagnation. This global growth trajectory suggests increased opportunities for US manufacturers to expand their reach and capitalize on emerging markets.
In my experience working within the aviation sector, I've observed firsthand the industry's resilience and adaptability. The ongoing efforts to innovate and streamline supply chains underscore a commitment to meeting global demand, even amidst geopolitical and economic uncertainties. As the market continues to evolve, stakeholders must remain agile, leveraging both domestic strengths and international partnerships to navigate the complexities of the global aerospace landscape.
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MATCO
Grove Aircraft
Airframes Alaska
ACME Aero
Airglas
BERINGER AERO
GOLDFREN
Safran Landing Systems
Hutchinson Aerospace
SITEC AEROSPACE
SPP CANADA AIRCRAFT
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Landing Systems Parts Market
Land-Based Systems
Ground-Based Systems
Aircraft-Based Systems
Satellite-Based Systems
Integrated Systems
Navigation Aids
Landing Gear Components
Control Systems
Electrical Systems
Sensor Systems
Precision Approach Procedures
Automatic Landing Systems
Ground-Based Augmentation Systems (GBAS)
Instrument Landing Systems (ILS)
Visual Approach Systems
Commercial Aviation
Military Aviation
Cargo Aviation
General Aviation
Helicopter Operations
Airports
Aerospace Manufacturers
Airline Operators
Government Agencies
Military Organizations
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Landing Systems Parts Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Landing Systems Parts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Landing Systems Parts Market, By Type
6. Global Aircraft Landing Systems Parts Market, By Application
7. Global Aircraft Landing Systems Parts Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Landing Systems Parts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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