The Global Aircraft Gearbox Market size was valued at USD 3.45 Million in 2022 and is expected to surpass USD 5.26 Million by 2031, expanding at a CAGR of 4.8% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing number of deliveries of commercial aircrafts.
A gearbox can be defined as a box containing gear train or a mechanical block or component that consists of a series of gear integrated into the housing. The name itself defines, the gearbox as a box of gear. Transmission works akin any transmission systems; it changes the torque and speed between the driving devices like a motor and the load.
Many types of gear are present in a transmission, ranging from bevel gear and spiral bevel gear to helical gear and planetary gear. A transmission is a mechanical method of transferring power from one device to another, used to increase torque and reduce speed.
In aircraft transmissions, the gearbox is used to reduce or increase the speed. The transmission is widely used in military aircraft, passenger aircraft, helicopters, and commercial and general aviation.
Aircraft Gearbox Market Trends, Dynamics, Restraints, and Opportunities
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Increasing air traffic is boosting airborne trade activities, which in turn, is driving the market.
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Rising disposable income and growing demand for new aircraft are expected to propel the aircraft gearbox market during the forecast period.
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Growing deliveries of commercial aircrafts is fueling the market.
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Technological advancement in gearbox and surging demand for pure-power geared turbofan (GTF) engine are estimated to drive the market during the forecast period.
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Introduction of light-weight aircraft gearboxes is estimated to propel the market during the forecast period.
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Increasing aircraft fleet size is driving the market.
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High cost associated with aircraft gearbox is restraining the market.
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Using turboprop engines in high altitude is expected to hamper the market during the forecast period.
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Spalling, frosting, and manufacturing defects are projected to restrain the market during the forecast period.
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Strict rules and regulations impede the market.
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Increasing investments in R&D activities for introducing advanced gearboxes are creating opportunities in the aircraft gearbox market.
Scope of Aircraft Gearbox Market Report
The report on the global aircraft gearbox market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Aircraft Gearbox Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Gearbox (Accessory, Reduction, Actuation, Tail Rotor, Auxiliary Power Unit, and Others), Applications (Engine and Airframe), Aircraft Types (Civil Aircraft and Military Aircraft), Components (Gear, Housing, Bearing, Shafts, Covers, And Others), End-users (OEM and Aftermarket)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Liebherr, PBS Group, a.s., AERO GEAR, Aero Gearbox International, CEF Industries, LLC, Northstar Aerospace, and Triumph Group
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Aircraft Gearbox Market Taxonomy
Global Aircraft Gearbox Market Segmentation Insights
Based on gearbox types, the aircraft gearbox market is divided into accessory, reduction, actuation, tail rotor, auxiliary power unit, and others. The gearbox types segment is expected to account for a significant share of the market during the forecast period.
On the basis of applications, the market is bifurcated into engine and airframe. The engine segment is projected to dominate the market during the forecast period. The engine gearbox supports the aircraft's engines to obtain high levels of thrust during takeoff and landing.
In terms of aircraft types, the aircraft gearbox market is segregated into civil aircraft and military aircraft. The civil aircraft segment is anticipated to dominate the market during the forecast period due to increasing air traffic, growing demand for new aircraft, and rising population.
Based on components, the market is divided into gear, housing, bearing, shafts, covers, and others. The components segment is projected to accounts for a significant share of the market during the forecast period. Increasing demand for lightweight aircraft components is propelling the market.
On the basis of end-users, the aircraft gearbox market is classified as OEM and aftermarket. The aftermarket segment is anticipated to dominate the market during the forecast period, owing to growing commercial air fleet.
In terms of regions, the global aircraft gearbox market is categorized as Europe, Latin America, North America, Asia Pacific, and Middle East & Africa. North America is projected to dominate the global market during the forecast period. The demand for aircraft gearbox is high in aviation and aerospace. The presence of major players, OEMs, and component manufacturers is a key factor that is expected to drive the market in North America. Modernization, R&D in advanced military aircraft platforms, and the presence of leading systems and component manufacturers are expected to increase the demand for aircraft gearboxes in North America during the forecast period.

Segments
By Gearbox Types
- Accessory
- Reduction
- Actuation
- Tail Rotor
- Auxiliary Power Unit
- Others
By Applications
By Aircraft Types
- Civil Aircraft
- Military Aircraft
By Components
- Gear
- Housing
- Bearing
- Shafts
- Covers
- Others
By End-users
By Regions
- Europe
- Asia Pacific
- Latin America
- North America
- Middle East & Africa
By Key Players
- Liebherr
- PBS Group
- AERO GEAR
- Aero Gearbox International
- CEF Industries, LLC
- Northstar Aerospace
- Triumph Group
Competitive Landscape
In the competitive environment, companies are adopting different strategies to capture the market and offer tough competition to their competitors. These companies are focusing on R&D activities, technological advancements, product launch, mergers & acquisitions, partnerships, and collaborations. Key players in the market include Liebherr, PBS Group, a.s., AERO GEAR, Aero Gearbox International, CEF Industries, LLC, Northstar Aerospace, and Triumph Group.
