Aircraft Wheels & Brakes Market Size, Share, and Forecast by 2031
Aircraft Wheels & Brakes Market: Strategic Insights
Aircraft Wheels & Brakes Market
-
CAGR (2023 - 2031)8.2% -
Market Size 2023
US$ 8.22 Billion -
Market Size 2031
US$ 15.40 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing commercial aircraft deliveries
- Increasing use of durable, lightweight, sturdy carbon brakes
FUTURE TRENDS
- The rising adoption of electric brakes and fiber-reinforced plastic wheels
OPPORTUNITIES
- Growth in Aircraft MRO Industry
Key Players
- Beringer Aero
- Collins Aerospace
- Honeywell International Inc
- Meggitt PLC
- Parker Hannifin Corporation
- Safran
- MATCO Manufacturing Inc
- JAY Em Aerospace and Machine Inc
- Grove Aircraft Landing Gear System Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Braking System
- Wheels
- Brakes
Fit Type
- Line Fit
- Retrofit
End User
- Defense and Commercial