Aircraft Mechanical Power Transmission System Market Analysis

The demand for gearboxes in the aerospace industry has been vigorous in the last decade owing to the excellent organic growth of both civil and military aviation coupled with ongoing advancements in technologies; necessitating the importance of equipment. The aerospace industry has been one of the biggest users of the mechanical power transmission system in which gearboxes play the biggest role. The aircraft mechanical power transmission system market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 2.2 billion in 2025.