Aircraft Gearbox Market Forecast to Surpass USD 6.3 Bn by 2032

The Aircraft Gearbox Market is gaining momentum as global aviation moves toward lightweight, fuel-efficient, and hybrid propulsion systems. Valued at USD 3.5 billion in 2023, the market is anticipated to grow at a CAGR of 7.2%, reaching approximately USD 6.3 billion by 2032. Increasing investments in next-gen aircraft and the accelerating shift to sustainable aviation technologies are key contributors to this growth.

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