Global Aircraft Elevators Market Size, Trends and Growth Opportunity, By Product Type (Horizontal Stabilator Aircraft Elevator, Elevons Aircraft Elevator, Levcons Aircraft Elevator), Aircraft Type (Narrow Body Aircraft, Wide Body Aircraft, Regional Jet, and Others), Wing Type (Fixed-Wing Aircraft and Rotary Wing Aircraft), Application (Commercial Air Transport, Business and General Aviation, and Military Aviation) By Region and forecast till 2027.
Global Aircraft Elevators Market
Global Aircraft Elevators Market was valued at USD 101.78 billion in 2021 and is slated to reach at USD 146.67 billion by 2027 at a CAGR of 7.2 % from 2022-2027.
An aircraft elevator is a propulsion system that provides lift to an aircraft. It is made up of two major components: the tail fin and the propellers. These components generate thrust, allowing it to fly downward or upward; landing gear, elevators, and air brakes on wings with attached flaps control its direction. The operation of various types of elevators in aircraft is determined by their function in terms of aerodynamic forces.
Market Drivers
The increased freight and passenger traffic is driving up demand for commercial aircraft. With improved trade relations, there is an increased demand for cargo services globally, which is expected to drive the aircraft elevators market growth rate. Commercial aircraft product demand is expected to rise as a result of low prices and increased aircraft size. Commercial aircraft are expected to grow in popularity because they are more efficient than other modes of transportation. This is expected to drive demand for commercial aircraft and benefit the growth of the aircraft elevators market during the forecast period. The aircraft elevator is important in producing drag force and higher lift on the aircraft's wings. The growing aerospace industry in many countries around the world is expected to drive demand for aircraft elevators during the forecast period. This is expected to contribute to the expansion of the global aircraft elevator market.
Market Restraints
Increased sales of electric and battery-powered vehicles are expected to stymie market growth during the forecast period. Battery-powered or electric vehicles emit no emissions and do not require an active purge pump. As a result, all of these factors are likely to stymie demand for aircraft elevators during the forecast period.
Impact of COVID-19
The elevators and escalators market has been negatively impacted in recent months as a result of lockdowns imposed in the majority of countries due to the COVID-19 pandemic outbreak in December 2019. Several countries, including Italy, the United States, and India, have experienced curfew-like situations in which businesses (other than essential services) were not permitted to operate. Furthermore, the COVID-19 outbreak has slowed the construction industry's growth in recent months, causing delays that can be attributed to several disrupted supply chains. To stop the spread of the virus, most commercial construction projects were ordered to be halted. The aforementioned factors have had a significant impact on the demand for elevators and escalators in recent months. The elevator and escalator manufacturers, as well as the overall construction industry, are expected to face a number of challenges, as most commercial projects are likely to be left incomplete or delayed due to supply chain disruptions, cash flow constraints, workforce unavailability, and production shutdown. The halt in construction activity at project sites has added to the financial pressures on several manufacturers and developers.
Recent Developments
Nibav Home Lifts, a home lift technology pioneer, has introduced the Series 3 home lifts, the world's first wire-free pneumatic home elevators that move vertically entirely on air without the use of ropes and belts, wires, or harnesses. Furthermore, because it operates solely on air, this innovation does not require any oil or lubrication.
T.K.T.K. Elevator, one of the world's top elevator businesses with headquarters in Düsseldorf, Germany, and Infosys, a pioneer in next-generation digital services and consulting, have announced a global strategic partnership. T.K.T.K. Elevator's seven-year international collaboration builds on the company's successful I.T.I.T. infrastructure transformation in Europe and Africa.
Market Segmentation
Global Aircraft Elevators Market is segmented into By Product Type, Aircraft Type, Wing Type, Application. By Product Type such as Horizontal Stabilator Aircraft Elevator, Elevons Aircraft Elevator, Levcons Aircraft Elevator. By Aircraft Type such as Narrow Body Aircraft, Wide Body Aircraft, Regional Jet, and Others. By Wing Type such as Fixed-Wing Aircraft and Rotary Wing Aircraft. By Application such as Commercial Air Transport, Business and General Aviation, and Military Aviation.
Regional Analysis
Global Aircraft Elevators Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. Due to increased air traffic and OEM investments, Asia-Pacific dominates the aircraft elevators market in terms of revenue growth. Furthermore, increased reliance on small and medium wide-body aircraft, as well as increased air passenger traffic, will drive market growth. During the forecast period of 2022-2027, Europe is expected to be the fastest developing region. This is primarily due to increased investment in the region's numerous commercial and military aviation programmers.
Key Players
This report includes a list of numerous Key Players, namely Mitsubishi Electric Corporation (Japan), Moog Inc. (U.S.), Nabtesco Corporation (Japan), Liebherr (Switzerland), PAR Systems (U.S.), FUJITEC CO., LTD (Hikone), HYUNDAIELEVATOR CO., LTD., (South Korea), Toshiba Elevator and Building Systems Corporation (Malaysia), Otis Elevator Company (I). Ltd. (U.S.), KONE Corporation (Finland).
Market Taxonomy  
By Product Type
• Horizontal Stabilator Aircraft Elevator
• Elevons Aircraft Elevator
• Levcons Aircraft Elevator
By Aircraft Type
• Narrow Body Aircraft
• Wide Body Aircraft
• Regional Jet
• Others
By Wing Type
• Fixed-Wing Aircraft
• Rotary Wing Aircraft
By Application
• Commercial Air Transport
• Business and General Aviation
• Military Aviation
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.

Global Aircraft Elevators Market
1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aircraft Elevators Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aircraft Elevators Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Aircraft Elevators Market Share Analysis, By Product Type
5.3 Global Aircraft Elevators Market Size and Forecast, By Product Type
5.3.1 Horizontal Stabilator Aircraft Elevator
5.3.2 Elevons Aircraft Elevator
5.3.3 Levcons Aircraft Elevator
6 Global Aircraft Elevators Market, By Aircraft Type
6.1 Y-o-Y Growth Comparison, By Aircraft Type
6.2 Global Aircraft Elevators Market Share Analysis, By Aircraft Type
6.3 Global Aircraft Elevators Market Size and Forecast, By Aircraft Type
6.3.1 Narrow Body Aircraft
6.3.2 Wide Body Aircraft
6.3.3 Regional Jet
6.3.4 Others
7 Global Aircraft Elevators Market, By Wing Type
7.1 Y-o-Y Growth Comparison, By Wing Type
7.2 Global Aircraft Elevators Market Share Analysis, By Wing Type
7.3 Global Aircraft Elevators Market Size and Forecast, By Wing Type
7.3.1 Fixed-Wing Aircraft
7.3.2 Rotary Wing Aircraft
8 Global Aircraft Elevators Market, By Application
8.1 Y-O-Y Growth Comparison, By Application
8.2 Global Aircraft Elevators Market Share Analysis, By Application
8.3 Global Aircraft Elevators Market Size and Forecast, By Application
8.3.1 Commercial Air Transport
8.3.2 Business and General Aviation
8.3.3 Military Aviation
9 Global Aircraft Elevators Market, By Region
9.1 Global Aircraft Elevators Market Share Analysis, By Region
9.2 Global Aircraft Elevators Market Share Analysis, By Region
9.3 Global Aircraft Elevators Market Size and Forecast, By Region
10 North America Aircraft Elevators Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Aircraft Elevators Market Share Analysis, By Product Type
10.3 North America Aircraft Elevators Market Size and Forecast, By Aircraft Type
10.4 North America Aircraft Elevators Market Size and Forecast, By Wing Type
10.5 North America Aircraft Elevators Market Size and Forecast, By Application
10.6 North America Aircraft Elevators Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Aircraft Elevators Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Aircraft Elevators Market Share Analysis, By Product Type
11.3 Europe Aircraft Elevators Market Size and Forecast, By Aircraft Type
11.4 Europe Aircraft Elevators Market Size and Forecast, By Wing Type
11.5 Europe Aircraft Elevators Market Size and Forecast, By Application
11.6 Europe Aircraft Elevators Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12Asia Pacific Aircraft Elevators Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Aircraft Elevators Market Share Analysis,  By Product Type
12.3 Asia Pacific Aircraft Elevators Market Size and Forecast, By Aircraft Type
12.4 Asia Pacific Aircraft Elevators Market Size and Forecast, By Wing Type
12.5 Asia Pacific Aircraft Elevators Market Size and Forecast, By Application
12.6 Asia Pacific Aircraft Elevators Market Size and Forecast, By Country
12.6.1 China 
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13Latin America Aircraft Elevators Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Aircraft Elevators Market Share Analysis, By Product Type
13.3 Latin America Aircraft Elevators Market Size and Forecast, By Aircraft Type
13.4 Latin America Aircraft Elevators Market Size and Forecast, By Wing Type
13.5 Latin America Aircraft Elevators Market Size and Forecast, By Application
14.6 Latin America Aircraft Elevators Market Size and Forecast, By Country
14.6.1. Brazil
14.6.2.Rest of Latin America
15Middle East Aircraft Elevators Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Middle East Aircraft Elevators Market Share Analysis, By Product Type
15.3 Middle East Aircraft Elevators Market Size and Forecast, By Aircraft Type
15.4 Middle East Aircraft Elevators Market Size and Forecast, By Wing Type
15.5 Middle East Aircraft Elevators Market Size and Forecast, By Application
15.6 Middle East Aircraft Elevators Market Size and Forecast, By Country
15.6.1. Saudi Arabia
15.6.2. UAE
15.6.3. Egypt
15.6.4. Kuwait
15.6.5. South Africa
16Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17Company Profiles
17.1 Mitsubishi Electric Corporation (Japan)
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Moog Inc. (U.S.)
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Nabtesco Corporation (Japan)
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Liebherr (Switzerland)
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.5 Key Market Developments
17.4.6 Key Strategies
17.5 PAR Systems (U.S.)
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 FUJITEC CO., LTD (Hikone)
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 HYUNDAIELEVATOR CO., LTD., (South Korea)
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies 
17.8 Toshiba Elevator and Building Systems Corporation (Malaysia)
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Otis Elevator Company (I). Ltd. (U.S.)
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 KONE Corporation (Finland)
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies