According to Fortune Business Insights, the aircraft gearbox market was valued at USD 3,381.5 million in 2024 and is projected to grow from USD 3,653.7 million in 2025 to USD 6,094.1 million by 2032, exhibiting a CAGR of 7.58% during the forecast period. North America dominated the market in 2024, accounting for a 45.71% share.
The aircraft gearbox market is experiencing steady growth, driven by the increasing demand for fuel-efficient and lightweight aircraft, rising air travel, and advancements in aerospace engineering. Gearboxes play a crucial role in optimizing engine performance, reducing noise, and improving overall aircraft efficiency. With growing investments in commercial and military aviation, along with the rising adoption of next-generation aircraft platforms, the demand for advanced gearbox systems is expected to rise. Additionally, the market is benefiting from technological innovations and the expansion of the global MRO (Maintenance, Repair, and Overhaul) sector.
This information is detailed in the research report titled “Aircraft Gearbox Market Size, Share, Forecast, and 2025–2032.”
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