Aircraft Brake Market Drivers, Opportunities, Trends, and Forecasts by 2031

Coverage: Aircraft Brake Market covers analysis by Type (Electric Brakes, Carbon Brakes, Steel Brakes); End-User (Commercial, Military) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00004965
  • Category : Aerospace and Defense
  • Status : Upcoming
  • No. of Pages : 150
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The Aircraft Brake Market is expected to register a CAGR of 5.7% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.

The report is segmented by Aircraft Type (Narrow-Body, Wide Body, Regional Aircraft, General Aviation, Military Aircraft); Type (Electric Brakes, Carbon Brakes, Steel Brakes); Fit Type (Line Fit, Retrofit). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Aircraft Brake Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Aircraft Brake Market Segmentation

Aircraft Type

  • Narrow-Body
  • Wide Body
  • Regional Aircraft
  • General Aviation
  • Military Aircraft

Type

  • Electric Brakes
  • Carbon Brakes
  • Steel Brakes

Fit Type

  • Line Fit
  • Retrofit

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Aircraft Brake Market: Strategic Insights

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  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Aircraft Brake Market Growth Drivers

  • Growing Plane Production and Deliveries: The increasing number of planes/aircraft production and deliveries across different regions is driving the demand for aircraft turbofan engines. For instance, Airbus and Boeing collectively delivered more than 1260 commercial planes globally in 2023 that has driven the market for aircraft brakes specfically for line fit applications.
  • MRO Industry Growth: The growing aircraft operations is generating the demand for replacements and repair of tires and brakes which is further driving the growth for aircraft brakes from the aftermarket perspective as well.

Aircraft Brake Market Future Trends

  • Adoption of Electric Brakes: The increasing electrification of aircraft components is pushing the adoption of electric brakes among the end users.
  • Adoption of Next Generation Aircraft Models: The adoption of next generation aircraft models such as B787 - series, B737NG, and Airbus 320 Series have been pushing the growth of aircraft brake market.

Aircraft Brake Market Opportunities

  • Aircraft Expected Deliveries for Next Two Decades: In the next 2 decades more than ~40,000 commercial aircraft are expected to be delivered by the end of 2042 which will further drive the market for aircraft brakes in the coming years.
  • Need for Military Aircraft: The growing demand for military aircraft due to increase in military budget of different countries and rising geopolitical tension is another major factor likely to generate new opportunities for aircraf brake market vendors in the coming years.

Aircraft Brake Market Regional Insights

The regional trends and factors influencing the Aircraft Brake Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Aircraft Brake Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

aircraft-brake-market-global-geography
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Aircraft Brake Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Electric Brakes
  • Carbon Brakes
  • Steel Brakes
By End-User
  • Commercial
  • Military
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AVIATION BRAKE SERVICE INC.
  • Bauer, Inc
  • Collins Aerospace
  • Crane Aerospace and Electronics
  • Honeywell International Inc.
  • Lufthansa Technik AG
  • Matco Manufacturing Inc.
  • Meggitt Plc.
  • PARKER HANNIFIN CORP

  • Aircraft Brake Market Players Density: Understanding Its Impact on Business Dynamics

    The Aircraft Brake Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Aircraft Brake Market are:

    1. AVIATION BRAKE SERVICE INC.
    2. Bauer, Inc
    3. Collins Aerospace
    4. Crane Aerospace and Electronics
    5. Honeywell International Inc.

    Disclaimer: The companies listed above are not ranked in any particular order.


    aircraft-brake-market-speedometer

    • Get the Aircraft Brake Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Aircraft Brake Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Aircraft Brake Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the expected CAGR of the Aircraft Brake Market?

    The Aircraft Brake Market is estimated to witness a CAGR of 5.7% from 2023 to 2031

    What are the driving factors impacting the aircraft brake market?

    The major factors driving the aircraft brake market are:

    1. Growing Plane Production and Deliveries.

    2. Growth of MRO Industry

    What are the future trends of the aircraft brake market?

    Some of the major trends driving the aircraft brake market are:

    1. Adoption of Electric Brakes

    2. Demand for Next Generation Aircraft Models

    What are the deliverable formats of the aircraft brake market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    Trends and growth analysis reports related to Aerospace and Defense : READ MORE..   

    The List of Companies

    1. AVIATION BRAKE SERVICE INC.
    2. Bauer, Inc
    3. Collins Aerospace
    4. Crane Aerospace and Electronics
    5. Honeywell International Inc.
    6. Lufthansa Technik AG
    7. Matco Manufacturing Inc.
    8. Meggitt Plc.
    9. PARKER HANNIFIN CORP
    10. Safran SA

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