What is Aircraft Struts?
Aircraft Struts are piece of equipment that applies & control the force when aircraft touches ground after flight. Struts are most essential integral part of landing gear & of aircraft. They ensure safe landing of aircraft by avoiding rough landing which may cause serious damage to plane. Aircraft struts work by hydraulic or air pressure during landing. Aircraft struts use compressed air which is combined with hydraulic fluid. This combined pressure absorbs and disintegrate shock loads. It is comprises of two telescoping tubes which are closed on the external ends. The overall weight of landing gears i.e. of aircraft struts is impact on the fuel consumption. High weight of landing struts leads to high fuel consumption hence inclination towards light weight aircraft struts has been grown. Thus, aircraft struts manufacturers tends to produce lightweight dimensions to avoid excessive vibration amplitudes.
The market study is broken down by Type (Rigid Struts, Springs Steel Struts, Bungee Cord Struts and Oleo Struts), by Application (Commercial Aircraft and Military Aircraft) and major geographies with country level break-up.
The market of Aircraft Struts is expected to grow with rising demand for aviation industry. There are various companies are operating in the market to provides excellent Aircraft struts which having good shock providers. The market is highly fragmented owing to presence of major players. This market players are gaining attention owing to raised demand for aircraft fabrications. However, new entries are focusing on providing light weight aircraft struts to lowers fuel consumption.
CTG.(United Kingdom), SKF (Sweden), Hexagon AB (Sweden), QRP, Inc. (United States), LeFiell Manufacturing Co. (United States), Camloc Motion Control (United Kingdom), Robart MFG. (United States), Epsilon Composite (France), Fiber Dynamics, Inc. (United States), SUSPA GmbH (Germany), Crompton Technology Group Ltd. (United Kingdom), Birken Manufacturing (United States), Sealand Aviation Ltd. (Canada) and Wicks Aircraft Supply (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Aircraft Struts market by Type, Application and Region.
On the basis of geography, the market of Aircraft Struts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Position of Struts, the sub-segment i.e. Front Wheel will boost the Aircraft Struts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operation of Struts , the sub-segment i.e. Hydraulic will boost the Aircraft Struts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In January 2020, Magellan Aerospace Corporation has signed an agreement with Collins Aerospace Systems - Landing Gear. This agreement is mainly for nose landing gear assemblies for the B737 aircraft. This assemblies are valued at USD 52 million and will be delivered through 2024 from Magellan’s facility in Kitchener, Ontario.
Market Trend
- Developments of Sustainable & Cost Effective Aircrafts
Market Drivers
- Growing Expenditure of Aviation Industry
- Increasing Demand for Aircraft Fabrications
Opportunities
- Advancements in Shock Control Technologies to Manage Interface Drag & Buffet Has Created Ample Opportunities
- Superior Properties over Conventional Leading Gears
- New Launching of Aircraft Programs
Restraints
- Government Strengthen Norms related to the Emission
- High Investments for Manufacturing may Restraints its Demand
Challenges
- Manufacturing of Light Weight Struts
Key Target Audience
Aircraft Struts Manufacturers/Suppliers/Distributor, Raw Material Suppliers, Aircraft Fabrications Manufacturers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
About Approach
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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