Aircraft Launching Gear Market

The global aircraft launching gear market is projected to decline over the next eight years, with consumption and production showing mixed trends. Countries like Egypt, the United States, and Kazakhstan lead in consumption and production. Imports and exports are also analyzed, with the United States being a key exporter. Detailed data on consumption, production, imports, and exports provides insights into the current market scenario and future prospects in the aircraft launching gear industry.

Market Forecast

The aircraft launching gear market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -5.1% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 7.5K tons by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of -1.6% for the period from 2022 to 2030, which is projected to bring the market value to $1.9B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Aircraft Launching Gear, Deck-Arrestor Or Similar Gear And Parts Thereof

In 2022, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof consumed worldwide soared to 11K tons, increasing by 264% against the previous year. Over the period under review, consumption showed a buoyant increase. Over the period under review, global consumption attained the peak volume in 2022 and is expected to retain growth in the near future.

The global aircraft launching gear market size soared to $2.1B in 2022, rising by 289% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed significant growth. Global consumption peaked in 2022 and is expected to retain growth in years to come.

Consumption By Country

The country with the largest volume of aircraft launching gear consumption was Egypt (8.4K tons), comprising approx. 73% of total volume. Moreover, aircraft launching gear consumption in Egypt exceeded the figures recorded by the second-largest consumer, Kazakhstan (426 tons), more than tenfold. The third position in this ranking was held by the United States (417 tons), with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume in Egypt amounted to +227.5%. In the other countries, the average annual rates were as follows: Kazakhstan (+0.3% per year) and the United States (+11.1% per year).

In value terms, Egypt ($1.5B) led the market, alone. The second position in the ranking was taken by the United States ($76M). It was followed by Kazakhstan.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt totaled +233.7%. In the other countries, the average annual rates were as follows: the United States (+9.8% per year) and Kazakhstan (+0.2% per year).

In 2022, the highest levels of aircraft launching gear per capita consumption was registered in Egypt (79 kg per 1000 persons), followed by Kazakhstan (22 kg per 1000 persons), Taiwan (Chinese) (10 kg per 1000 persons) and France (3.7 kg per 1000 persons), while the world average per capita consumption of aircraft launching gear was estimated at 1.4 kg per 1000 persons.

In Egypt, aircraft launching gear per capita consumption expanded at an average annual rate of +221.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Kazakhstan (-0.9% per year) and Taiwan (Chinese) (+6.7% per year).

Production

World Production of Aircraft Launching Gear, Deck-Arrestor Or Similar Gear And Parts Thereof

In 2022, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof produced worldwide rose slightly to 3.3K tons, surging by 2.8% on the previous year's figure. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 191%. As a result, production reached the peak volume of 9.5K tons. From 2014 to 2022, global production growth remained at a somewhat lower figure.

In value terms, aircraft launching gear production stood at $546M in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. Over the period under review, global production reached the maximum level at $663M in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Production By Country

The country with the largest volume of aircraft launching gear production was the United States (1.3K tons), accounting for 39% of total volume. Moreover, aircraft launching gear production in the United States exceeded the figures recorded by the second-largest producer, Kazakhstan (426 tons), threefold. France (248 tons) ranked third in terms of total production with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in the United States was relatively modest. In the other countries, the average annual rates were as follows: Kazakhstan (+0.3% per year) and France (+0.6% per year).

Imports

World Imports of Aircraft Launching Gear, Deck-Arrestor Or Similar Gear And Parts Thereof

In 2022, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof imported worldwide soared to 9.6K tons, jumping by 713% against 2021 figures. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aircraft launching gear imports surged to $665M in 2022. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports By Country

Egypt prevails in imports structure, amounting to 8.4K tons, which was near 87% of total imports in 2022. The following importers - Turkey (195 tons) and Australia (185 tons) - each resulted at a 3.9% share of total imports.

Egypt was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof imports, with a CAGR of +355.3% from 2012 to 2022. At the same time, Turkey (+38.8%) and Australia (+18.5%) displayed positive paces of growth. Egypt (+87 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($484M) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof worldwide, comprising 73% of global imports. The second position in the ranking was held by Australia ($13M), with a 2% share of global imports.

In Egypt, aircraft launching gear imports expanded at an average annual rate of +159.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Australia (+16.4% per year) and Turkey (+30.7% per year).

Import Prices By Country

The average aircraft launching gear import price stood at $69,039 per ton in 2022, waning by -35.8% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 44%. As a result, import price attained the peak level of $182,093 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($71,758 per ton), while Egypt ($57,624 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.7%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Aircraft Launching Gear, Deck-Arrestor Or Similar Gear And Parts Thereof

Global aircraft launching gear exports skyrocketed to 1.5K tons in 2022, picking up by 21% compared with 2021. Over the period under review, exports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 with an increase of 41%. The global exports peaked at 2.3K tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, aircraft launching gear exports soared to $290M in 2022. In general, exports, however, saw a mild downturn. Over the period under review, the global exports attained the maximum at $439M in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

In 2022, the United States (924 tons) represented the key exporter of aircraft launching gear, deck-arrestor or similar gear and parts thereof, creating 61% of total exports. It was distantly followed by the UK (152 tons), achieving a 10% share of total exports. The following exporters - France (51 tons), Finland (51 tons), Canada (46 tons), Spain (37 tons), Malaysia (28 tons), Romania (27 tons), Egypt (26 tons) and Singapore (25 tons) - together made up 19% of total exports.

From 2012 to 2022, average annual rates of growth with regard to aircraft launching gear exports from the United States stood at -2.3%. At the same time, Egypt (+65.2%), Romania (+46.7%), Spain (+39.0%), the UK (+24.9%), Malaysia (+21.8%), Canada (+7.0%) and Finland (+4.1%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of +65.2% from 2012-2022. By contrast, France (-7.4%) and Singapore (-19.5%) illustrated a downward trend over the same period. While the share of the United States (+11 p.p.), the UK (+9.3 p.p.), Spain (+2.4 p.p.), Canada (+2 p.p.), Finland (+1.9 p.p.), Romania (+1.8 p.p.), Egypt (+1.7 p.p.) and Malaysia (+1.7 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Singapore (-7.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($196M) remains the largest aircraft launching gear supplier worldwide, comprising 68% of global exports. The second position in the ranking was held by Spain ($23M), with a 7.9% share of global exports. It was followed by France, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled -1.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+63.7% per year) and France (+6.6% per year).

Export Prices By Country

In 2022, the average aircraft launching gear export price amounted to $191,272 per ton, picking up by 55% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aircraft launching gear export price increased by +76.6% against 2020 indices. The global export price peaked at $219,797 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Spain ($614,640 per ton), while Romania ($282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform