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SELBYVILLE, Del., Jan. 11, 2021 /PRNewswire/ Global Market Insights, Inc. has recently added a new report on the aerospace landing gear market which estimates the market valuation for aerospace landing gear will cross US$ 19 billion by 2026. Increasing penetration of air traffic growth in the emerging countries will drive demand for new aircraft and the aerospace landing gear market.
Aerospace Landing Gear Market size is expected to exceed USD 19 billion by the end of 2026, according to a new research report published by the Global Market Insights, Inc.
Major industry players such as Safran Landing Systems are compressing their design & development cycle to reduce cost and improve product availability. Furthermore, companies are adopting innovative technologies and designs, such as additive or 3D manufacturing, to overcome functional and non-functional challenges. Steps taken by manufacturers to reduce weight, minimize volume, and enhanc