Allied Market Research Logo

Aircraft Accessory Gearbox Market by Aircraft Type , by Fit Analysis , by Component , by Application and by End User

NEW CASTLE, DELAWARE, UNITED STATES, August 31, 2023/EINPresswire.com/ -- The global aircraft accessory gearbox market is experiencing a significant growth, with increasing commercial & military aircraft fleet size. Aircraft gearbox is the component of transmission system placed along with shafts for changing rotational speed and driving the accessories essential for an operational engine. Accessory gearbox is a complex gear mechanism that drives the engine accessories such as fuel pump that are essential for aircraft gas turbine engine. Moreover, accessory gearbox derives power from the central shaft linking turbine & compressor sections of the aircraft engine. Further, the aviation sector is demanding high efficiency & lightweight aircraft gas turbine engine gearboxes, which deliver enhanced performance.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-toc-and-sample/9570

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
Aircraft gearbox companies are facing short-term operational issues due to supply chain constraints and lack of site access due to the COVID-19 outbreak.

COVID-19 has forced governments to discontinue all assembly and manufacturing operations including aircraft industry.

The complete lockdown situation in several countries due to COVID-19, has directly impacted defense organizations to delay the procurement of aircraft gearboxes from the suppliers of the aircraft gearbox.

The COVID-19 pandemic is exerting tremendous financial stress on the aircraft gearbox companies by increasing the inventory carrying cost of the aircraft gearbox.

The aircraft industry has witnessed the colossal decline in flight hours as a large number of international as well as domestic flights are getting cancelled all across the globe to curb the transmission of the COVID-19.

𝐓𝐨𝐩 𝐢𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐟𝐚𝐜𝐭𝐨𝐫𝐬: 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐭𝐫𝐞𝐧𝐝𝐬, 𝐝𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐢𝐦𝐩𝐚𝐜𝐭 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬
Surge in aircraft production, increase in demand for lightweight gearboxes, and rise in adoption of geared turbofan are the factors that drive the global aircraft accessory gearbox market. However, engine limitations at high altitudes and requirement of high initial investment products hinder the market growth. On the contrary, investment in R&D of open rotor engines and geared turbofan engines, and trend of fuel efficient and environment friendly vehicles present new pathways in the industry.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/aircraft-accessory-gearbox-market/purchase-options

The global aircraft accessory gearbox market trends are as follows:

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐚𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐠𝐞𝐚𝐫𝐞𝐝 𝐭𝐮𝐫𝐛𝐨𝐟𝐚𝐧
The geared turbofan is a type of turbofan aircraft engine, with a gearbox between the fan and the low-pressure shaft. In addition, geared turbofan allows improvements in propulsive efficiency. Moreover, in 2016, Pratt & Whitney has invested in geared turbofan engines technology that reduces fuel consumption, emissions, and noise. Recently, in 2019, Indian Directorate General of Civil Aviation as well as US Federal Aviation Administration has adopted new air worthiness directives (AD) to upgrade accessory gearbox of Pratt & Whitney (PW) 1100G family of turbofan engines that powers Airbus A320neo & A321neo aircraft. PW 1100G engines that powers A320neo planes is a fan-driven geared turbine engine manufactured P&W (aerospace manufacturer & subsidiary of Raytheon Technologies based in Connecticut, US). According to AD all airline operators of PW1100G family of turbofan engines are required to replace the main gearbox assembly and electronic engine control software. Such investments are expected to offer opportunities for the growth of global aircraft gearbox market.

𝐊𝐞𝐲 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭:
•This study presents the analytical depiction of the global aircraft accessory gearbox industry along with the current trends and future estimations to determine the imminent investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global aircraft accessory gearbox market share.
•The current market is quantitatively analyzed to highlight the global aircraft accessory gearbox market growth scenario.
•Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
•The report provides a detailed global aircraft accessory gearbox market analysis based on competitive intensity and how the competition will take shape in coming years.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/9570

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐚𝐜𝐜𝐞𝐬𝐬𝐨𝐫𝐲 𝐠𝐞𝐚𝐫𝐛𝐨𝐱 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭:
•Which are the leading market players active in the aircraft accessory gearbox market?
•What are the current trends that will influence the market in the next few years?
•What are the driving factors, restraints, and opportunities in the market?
•What are the projections for the future that would help in taking further strategic steps?

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐀𝐜𝐜𝐞𝐬𝐬𝐨𝐫𝐲 𝐆𝐞𝐚𝐫𝐛𝐨𝐱 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭

𝐁𝐲 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐓𝐲𝐩𝐞 : Civil Aviation, Military Aviation

𝐁𝐲 𝐅𝐢𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 : Retrofit, Linefit

𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭 : Gears, Housings, Others

𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 : Engine, Airframe

𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫 : OEM, Aftermarket

𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧 : North America (U.S, Canada), Europe (Germany, UK, France, rest of Europe), Asia-Pacific (China, Japan, India, rest of Asia-Pacific), Latin America (Brazil, Mexico, rest of LATAM), The Middle East, Africa

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : AERO GEAR, SKF, Safran, GE Aviation, Liebherr, Northstar Aerospace, Avion Corporation., AERO GEARBOX INTERNATIONAL, Triumph Group, United Technologies, CEF Industries, LLC

David Correa
Allied Analytics LLP
1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.