For Immediate Release | Official News Wire for the Travel Industry

Where press releases are breaking news

Aircraft landing gear market

by

The report “Aircraft Landing Gear Market by Type (Main, Nose), Platform (Fixed Wing, Rotary Wing), Application (Commercial, Business, Military), Aircraft Type (NBA, WBA, VLA, RTA), and Region – Global Forecast to 2021″, The global aircraft landing gear market is projected to grow from USD 9.71 Billion in 2016 to USD 13.14 Billion by 2021, at a CAGR of 6.23% from 2016 to 2021.

Browse 71 market data tables and 62 figures spread through 134 pages and in-depth TOC on “Aircraft Landing Gear Market – Global Forecast to 2021”

Ask For Free Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=1054


Early buyers will receive 10% customization on reports.

Increasing demand for new aircraft as a result of growth in air travel and the need for global connectivity are the major drivers in the global aircraft landing gear market. There is an increasing demand for lightweight aircraft since the past few years, as a result, the demand for lightweight landing gear is also increasing. In addition, the increasing demand for Unmanned Air Vehicles (UAVs) in military applications is further expected to drive the demand for aircraft landing gear from military aviation over the forecast period.

“The commercial aviation segment is projected to lead the aircraft landing gear market during the forecast period.”

Based on application, the commercial aviation segment is expected to account for the largest market share of the global aircraft landing gear market during the forecast period. The commercial aviation segment consists of narrow body, wide body, very large body and regional transport aircraft. The increasing demand for new aircraft from regional airlines in the Asia-Pacific and Middle-Eastern regions is one of the key factors driving the global market for aircraft landing gear. Increasing air passenger traffic as a result of the growing affordability is creating a demand for new aircraft, in turn influencing positive market growth.

 “The North American region is estimated to account for the largest share of the aircraft landing gear market during the forecast period.”

The North American region is estimated to lead the global aircraft landing gear market during the forecast period, owing to the technological advancements taking place in the aircraft landing gear and the presence of key aircraft manufacturers, such as The Boeing Company (U.S.), and Bombardier Inc. (Canada). Increasing aircraft orders from these manufacturers by the regional airline companies in the Asia-Pacific and Middle Eastern regions is driving the North American aircraft landing gear market. Growing military modernization programs, which include increased procurement of advanced fighter jets, unmanned air vehicles, among others is also expected to drive the North American aircraft landing gear market during the forecast period.

Safran S.A. (France), Liebherr-International AG (Switzerland), CIRCOR International, Inc. (U.S.), Héroux-Devtek Inc. (Canada), UTC Aerospace Systems (U.S.), and Triumph Group, Inc. (U.S.), among others, are the key players operating in the global aircraft landing gear market.

 

To Know More @

https://www.marketsandmarkets.com/Market-Reports/landing-gears-undercarriage-market-1054.html

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: newsletter@marketsandmarkets.com

 

Marine Engine Monitoring System Market – Trends, Growth Propellers, Segmentation And Top Players forecast 2025

by

The report “Marine Engine Monitoring System Market by Engine Type (Propulsion Engine, Auxiliary Engine), End Use (OEM, Aftermarket), Component (Hardware, Software), Ship Type (Commercial, Naval), Deployment (On-Board, Remote), and Region – Global Forecast to 2025″, The marine engine monitoring system market is estimated to be USD 508.4 Million in 2018 and is projected to reach USD 656.5 Million by 2025, at a CAGR of 3.72% from 2018 to 2025. The growth in international seaborne trade, increased demand for marine engine monitoring systems from the new shipbuilding & repair market, and rise in maritime tourism are the key factors that are anticipated to drive the marine engine monitoring system market.

Browse 97 market data Tables and 48 Figures spread through 171 Pages and in-depth TOC on “Marine Engine Monitoring System Market – Global Forecast to 2025”

Early buyers will receive 10% customization on reports.

Based on component, the software segment is projected to grow at the highest CAGR during the forecast period.

Based on component, the software segment of the marine engine monitoring system market is projected to grow at the highest CAGR from 2018 to 2025 The growth of the software segment can be attributed to its advantages that include data analysis process and trend analysis. Technologies such as predictive maintenance, dig data analysis, and IoT will add more comprehensive software analysis, which would be adopted in marine engines during the forecast period.

Download Free PDF Brochure

Based on ship type, the commercial segment is estimated to lead the marine engine monitoring system market in 2018.

Based on ship type, the commercial segment is estimated to lead the marine engine monitoring system market in 2018 and the naval ships segment of the marine engine monitoring system market is projected to grow at the highest CAGR from 2018 to 2025. The demand for merchant ships to transport commodities worldwide is driving the growth of the commercial ships segment. According to the International Chamber of Shipping (ICS), there are over 50,000 merchant ships that transport cargo internationally. The growth of the naval ships segment can be attributed to the increasing investments in the defense sector in North America and Europe.

Based on engine type, the auxiliary engine segment is expected to witness the highest growth during the forecast period.

Based on engine type, the auxiliary segment of the marine engine monitoring system market is projected to grow at the highest CAGR during the forecast period. The growth of the auxiliary engine segment is primarily driven by the increase in the deliveries of cruise boats, recreational ships, and passenger ships, which require auxiliary engines for electricity generation and power management.

Download Free Sample Report 

Based on deployment, the remote monitoring segment is expected to witness the highest growth during the forecast period

Based on deployment, the remote monitoring segment of the marine engine monitoring system market is projected to grow at the highest CAGR during the forecast period. The increasing demand for real-time data sharing through IoT sensors is expected to drive the growth of the remote monitoring segment of the marine engine monitoring system market.

The marine engine monitoring system market in Europe is expected to witness the highest growth during the forecast period.

The marine engine monitoring system market in Europe is projected to grow at the highest CAGR from 2018 to 2025 The European shipbuilding industry is involved in the construction of complex naval vessels, such as cruise ships, ferries, mega yachts, submarines, and dredgers (offshore vessels). Moreover, the marine monitoring system industry in Europe offers a wide range of products that include propulsion systems, diesel engines monitoring system, environmental safety systems, cargo handling systems, and related electronics.

Major companies profiled in the marine engine monitoring system market report include ABB (Switzerland), AST Group (UK), CMR Group (France), Caterpillar (US), Cummins (US), Emerson (US), Hyundai Heavy Industries (South Korea), Jason Marine (Singapore), Kongsberg (Norway), MAN Diesel & Turbo (Germany), Mitsubishi Heavy Industries (Japan), NORIS Group (Germany), Rolls Royce (UK), and Wartsila (Finland), among others.

Browse More Related Report @

Marine Propeller Market by Type (Propellers, Thrusters), Application (Merchant Ships, Naval Ships, Boats), Material (Stainless Steel, Aluminium, Bronze, Nickel-Aluminium Bronze), End User, Propulsion, Number of Blades, Region – Global Forecast to 2022

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : +1-888-600-6441

Email: newsletter@marketsandmarkets.com

sales@marketsandmarkets.com