Product Code: ETC4552285 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India aircraft gearbox market import shipments saw robust growth from 2020 to 2024, with a notable CAGR of 23.1%. However, the growth rate between 2023 and 2024 slightly moderated to 5.3%. Overall, the market expanded significantly, showing strong momentum and a positive upward trend during the period.
Aircraft gearboxes are crucial components in the propulsion systems of aircraft. The India aircraft gearbox market has been expanding due to the growth of the aviation sector and the need for reliable and efficient gearboxes. These components play a pivotal role in ensuring safe and efficient power transmission in aircraft engines. The market`s growth is a result of technological advancements and the demand for more durable and high-performance gearbox solutions in the India aerospace industry.
The India Aircraft Gearbox Market is driven by the expansion of the aviation sector in the country. As airlines seek to modernize their fleets and acquire more advanced aircraft, there is a growing need for reliable and efficient gearbox systems. These systems play a crucial role in ensuring smooth and safe operations of aircraft engines. Additionally, the increased focus on reducing carbon emissions and enhancing fuel efficiency is leading to the development of advanced gearbox technologies. This market is expected to witness substantial growth as aircraft manufacturers and operators look for innovative solutions to meet these demands.
Challenges in the aircraft gearbox market include the development of lightweight and durable gear systems, noise reduction, and compliance with stringent aviation safety standards.
The aircraft gearbox market in India experienced a slowdown during the pandemic, primarily due to reduced aircraft production and orders. As the aviation industry gradually recovers and focuses on more efficient and eco-friendly aircraft, there may be opportunities for growth in this market, particularly with the development of advanced gearbox technologies.
Tata Advanced Systems, Mahindra Aerospace, and HAL are leading players in the aircraft gearbox market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Aircraft Gearbox Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Aircraft Gearbox Market Revenues & Volume, 2021 & 2031F |
3.3 India Aircraft Gearbox Market - Industry Life Cycle |
3.4 India Aircraft Gearbox Market - Porter's Five Forces |
3.5 India Aircraft Gearbox Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Aircraft Gearbox Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Aircraft Gearbox Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Aircraft Gearbox Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the aviation industry in India |
4.2.2 Increasing air passenger traffic leading to higher demand for new aircraft |
4.2.3 Technological advancements in aircraft gearboxes improving efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment required for aircraft gearbox manufacturing |
4.3.2 Stringent regulatory standards and certifications for aircraft components |
4.3.3 Volatile raw material prices affecting production costs |
5 India Aircraft Gearbox Market Trends |
6 India Aircraft Gearbox Market, By Types |
6.1 India Aircraft Gearbox Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Aircraft Gearbox Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 India Aircraft Gearbox Market Revenues & Volume, By Engine, 2021-2031F |
6.1.4 India Aircraft Gearbox Market Revenues & Volume, By Airframe, 2021-2031F |
6.2 India Aircraft Gearbox Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Aircraft Gearbox Market Revenues & Volume, By Reduction, 2021-2031F |
6.2.3 India Aircraft Gearbox Market Revenues & Volume, By Accessory, 2021-2031F |
6.2.4 India Aircraft Gearbox Market Revenues & Volume, By Actuation, 2021-2031F |
6.2.5 India Aircraft Gearbox Market Revenues & Volume, By Tail Rotor, 2021-2031F |
6.2.6 India Aircraft Gearbox Market Revenues & Volume, By APU, 2021-2031F |
6.3 India Aircraft Gearbox Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Aircraft Gearbox Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 India Aircraft Gearbox Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 India Aircraft Gearbox Market Import-Export Trade Statistics |
7.1 India Aircraft Gearbox Market Export to Major Countries |
7.2 India Aircraft Gearbox Market Imports from Major Countries |
8 India Aircraft Gearbox Market Key Performance Indicators |
8.1 Average lifespan of aircraft gearboxes |
8.2 Adoption rate of advanced gearbox technologies in Indian airlines |
8.3 Number of new aircraft orders in India |
8.4 Rate of growth in MRO (Maintenance, Repair, and Overhaul) services for aircraft gearboxes |
9 India Aircraft Gearbox Market - Opportunity Assessment |
9.1 India Aircraft Gearbox Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Aircraft Gearbox Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Aircraft Gearbox Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Aircraft Gearbox Market - Competitive Landscape |
10.1 India Aircraft Gearbox Market Revenue Share, By Companies, 2024 |
10.2 India Aircraft Gearbox Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |