Aircraft Gearbox Market Forecast: Growth Opportunities and Challenges
The aircraft gearbox market is on a growth trajectory, driven by increasing demand for efficient propulsion systems. According to Stratview Research, the Aircraft Gearbox Market is projected to grow at a promising CAGR of 4.8% over the next five years, reaching an estimated value of US$ 2.8 billion by 2025. Growth opportunities lie in advancements in materials and designs that enhance fuel efficiency and reduce emissions.