The aircraft gearbox market size is expected to grow from USD 3.3 billion in 2019 to USD 4.3 billion by 2025, at a CAGR of 4.8%
The aircraft gearbox market size is expected to grow from USD 3.3 billion in 2019 to USD 4.3 billion by 2025, at a CAGR of 4.8% during the forecast period.
- The aircraft gearbox market size is expected to grow from USD 3.3 billion in 2019 to USD 4.3 billion by 2025, at a CAGR of 4.8% during the forecast period.
- The major factors driving the aircraft gearbox market is the increasing demand for new aircraft and lightweight aircraft components.
- Based on gearbox type, the aircraft gearbox market has been segmented into the accessory gearbox, reduction gearbox, actuation gearbox, tail rotor gearbox, auxiliary power unit gearbox, and others.
- Increasing demand for new aircraft around the world is also fueling the growth of the civil aircraft segment in aircraft gearbox market.