The aircraft gearbox market was valued at USD 3,381.5 million in 2024 and is expected to grow from USD 3,653.7 million in 2025 to USD 6,094.1 million by 2032, registering a compound annual growth rate (CAGR) of 7.58% during the forecast period. In 2024, North America led the market, accounting for a dominant share of 45.71%.
The aircraft gearbox market is experiencing steady growth due to increasing aircraft production, rising demand for fuel-efficient engines, and advancements in aerospace engineering. Aircraft gearboxes play a critical role in transmitting mechanical power and optimizing engine performance across both commercial and military aviation sectors. The market is further supported by the expansion of global air travel, modernization of aircraft fleets, and technological innovations in gearbox design, such as lightweight materials and improved durability. As the aviation industry continues to evolve, the demand for high-performance and reliable gearbox systems is expected to rise significantly over the forecast period.
This information is detailed in the research report titled “Aircraft Gearbox Market Size, Share, Forecast, and 2025–2032.”
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