The global aircraft landing gear market size is projected to reach USD 18.66 billion by 2028, exhibiting a CAGR of 7.09% during the forecast period. According to the International Civil Aviation Organization (ICAO), in 2018, the total number of air travelers across the globe was 4.3 billion, increasing by 6.4% from 2017 levels. The number of departures, the ICAO notes, rose by 3.5% in 2018, reaching 37.8 million.

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Aircraft Landing Gear Market Size, Growth, Share | Report, 2028
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Aircraft Landing Gear Market Size, Growth, Share | Report, 2028

The global aircraft landing gear market is projected to grow from $10.79 billion in 2021 to $22.90 billion in 2028 at a CAGR of 17.9% in forecast period