HOME Top Market Reports Aircraft Brake System Market by Component (Braking Systems (Sensors, Transducers, Actuators, Valves, and Others), Brakes, and Wheels), Fit (Line-Fit and Retrofit), Platform (Commercial and Defense), Region - Global Forecast to 2022

Aircraft Brake System Market by Component (Braking Systems (Sensors, Transducers, Actuators, Valves, and Others), Brakes, and Wheels), Fit (Line-Fit and Retrofit), Platform (Commercial and Defense), Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: AS 5248

 

  Speak to Analyst Enquiry Before Buying Webinar
purchase report
download pdf  request for customisation


The aircraft brake system market is projected to grow from USD 6.08 Billion in 2017 to USD 8.42 Billion by 2022, at a CAGR of 6.71% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

The report analyzes the aircraft brake system market based on component (braking systems, wheels, and brakes), fit (line-fit and retrofit), platform (commercial and defense), and region (North America, Europe, Asia-Pacific, and RoW).

The report provides an in-depth market intelligence regarding the aircraft brake system market and major factors, including drivers, restraints, opportunities, and challenges that may influence the growth of the market. It also provides an analysis of micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market.

The report also covers competitive developments such as long-term contracts, new product launches and developments, and research & development activities in the aircraft brake system market, in addition to business and corporate strategies adopted by key market players.

Research Methodology:

Market size estimation for various segments and subsegments of the aircraft brake system market was arrived at by referring to varied secondary sources, such as Hoovers, Bloomberg Businessweek, Factiva, annual reports, and publications, among others. Furthermore, market triangulation was performed with the help of statistical techniques using econometric tools. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the market have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to acquire the final quantitative and qualitative data. This data was consolidated with detailed inputs and analysis from MarketsandMarkets, and presented in this report.

Aircraft Brake System Market

To know about the assumptions considered for the study, download the pdf brochure

The aircraft brake system market ecosystem comprises manufacturers such as Safran S.A. (France), UTC Aerospace Systems (U.S.), Honeywell International Inc. (U.S.), Crane Aerospace & Electronics (U.S.), Parker Hannifin Corporation (U.S.), AAR Corporation (U.S.), Beringer Aero (France), Lufthansa Technik AG (Germany), Jay-Em Aerospace, Inc. (U.S.), and Hong Kong Aircraft Engineering Company Limited (Hong Kong), among others.

Key Target Audience

  • Aircraft Brake System Manufacturers
  • Aircraft Brake System Material Manufacturers
  • Aircraft Brake System Service Providers
  • Subcomponent Manufactures
  • MRO Service Providers

Scope of the Report

This research report categorizes the aircraft brake system market into the following segments and subsegments:

  • Aircraft Brake System Market, By Component
    • Braking Systems
    • Wheels
    • Brakes
  • Aircraft Brake System Market, By Fit
    • Line-fit
    • Retrofit
  • Aircraft Brake System Market, By Platform
    • Commercial
    • Defense
  • Aircraft Brake System Market, by Region
    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

Customizations available for the report:

Along with the given market data, MarketsandMarkets offers customizations as per the specific needs of the company. The following customization options are available for the report:

  • Company Information
    • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Regional Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Limitations
    1.6 Market Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand-Side Indicators
                    2.2.2.1 Increase in Air Passenger Traffic
           2.2.3 Supply-Side Indicators
                    2.2.3.1 Technological Developments in Landing Gear Systems
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 34)

4 Premium Insights (Page No. - 39)
    4.1 Attractive Market Opportunities in the Aircraft Brake System Market
    4.2 Market, By Component
    4.3 Market, By Fit
    4.4 Market, By Platform

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Aircraft Brake System Market, By Component
           5.2.2 Aircraft Brake System Market, By Fit
           5.2.3 Aircraft Brake System Market, By Platform
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Aircraft Orders
                    5.3.1.2 Rising Demand for Military Uavs
           5.3.2 Restraints
                    5.3.2.1 Existing Backlogs in Aircraft Deliveries
           5.3.3 Opportunities
                    5.3.3.1 Increasing Demand for Lightweight Aircraft Components
                    5.3.3.2 Maintenance and Overhaul Requirement for Wheels and Brakes
           5.3.4 Challenges
                    5.3.4.1 Issues Associated With Carbon Brakes
                    5.3.4.2 Stringent Regulatory Environment

6 Industry Trends (Page No. - 51)
    6.1 Introduction
    6.2 Material Trends
           6.2.1 Ceramic Matrix Composites
                    6.2.1.1 C/SiC Brake Materials With Sandwich Structure
                    6.2.1.2 C/SiC Brake Materials Modified With Graphite
                    6.2.1.3 C/SiC Brake Materials Modified With Titanium Silicocarbide
                    6.2.1.4 C/SiC Brake Materials Modified With PiP-SiC
    6.3 Braking System Trends
           6.3.1 Electric Braking System
                    6.3.1.1 Advantages of Electric Braking System in Aircraft
           6.3.2 Electromechanical Actuators for Braking Systems
           6.3.3 Smart Systems for Aircraft Brakes
           6.3.4 Brake Cooling Fans
    6.4 Innovation and Patent Registration

7 Aircraft Brake System Market, By Component (Page No. - 57)
    7.1 Introduction
    7.2 Wheels
    7.3 Brakes
           7.3.1 Carbon Brakes
           7.3.2 Steel Brakes
    7.4 Braking Systems
           7.4.1 Transducers
           7.4.2 Sensors
           7.4.3 Actuators
           7.4.4 Valves
           7.4.5 Others

8 Aircraft Brake System Market, By Platform (Page No. - 62)
    8.1 Introduction
    8.2 Commercial (By Fit)
           8.2.1 Commercial Aircraft
           8.2.2 Business Jets
           8.2.3 Regional Jets
           8.2.4 Helicopters
    8.3 Defense (By Fit)
           8.3.1 Military Aircraft
           8.3.2 Helicopters

9 Aircraft Brake System Market, By Fit (Page No. - 67)
    9.1 Introduction
    9.2 Line-Fit
    9.3 Retrofit

10 Regional Analysis (Page No. - 70)
     10.1 Introduction
     10.2 North America
             10.2.1 By Line-Fit
                        10.2.1.1 By Component
                        10.2.1.2 By Platform
                                     10.2.1.2.1 By Commercial Platform
                                     10.2.1.2.2 By Military Platform
                        10.2.1.3 By Country
                                     10.2.1.3.1 U.S.
                                                    10.2.1.3.1.1 By Component
                                                    10.2.1.3.1.2 By Platform
                                     10.2.1.3.2 Canada
                                                    10.2.1.3.2.1 By Component
                                                    10.2.1.3.2.2 By Platform
             10.2.2 By Retrofit
                        10.2.2.1 By Component
                        10.2.2.2 By Platform
                                     10.2.2.2.1 By Commercial Platform
                                     10.2.2.2.2 By Military Platform
                        10.2.2.3 By Country
                                     10.2.2.3.1 U.S.
                                                    10.2.2.3.1.1 By Component
                                                    10.2.2.3.1.2 By Platform
                                     10.2.2.3.2 Canada
                                                    10.2.2.3.2.1 By Component
                                                    10.2.2.3.2.2 By Platform
     10.3 Europe
             10.3.1 By Line-Fit
                        10.3.1.1 By Component
                        10.3.1.2 By Platform
                                     10.3.1.2.1 By Commercial Platform
                                     10.3.1.2.2 By Military Platform
                        10.3.1.3 By Country
                                     10.3.1.3.1 France
                                                    10.3.1.3.1.1 By Component
                                                    10.3.1.3.1.2 By Platform
             10.3.2 By Retrofit
                        10.3.2.1 By Component
                        10.3.2.2 By Platform
                                     10.3.2.2.1 By Commercial Platform
                                     10.3.2.2.2 By Military Platform
                        10.3.2.3 By Country
                                     10.3.2.3.1 France
                                                    10.3.2.3.1.1 By Component
                                                    10.3.2.3.1.2 By Platform
                                     10.3.2.3.2 U.K.
                                                    10.3.2.3.2.1 By Component
                                                    10.3.2.3.2.2 By Platform
                                     10.3.2.3.3 Germany
                                                    10.3.2.3.3.1 By Component
                                                    10.3.2.3.3.2 By Platform
                                     10.3.2.3.4 Russia
                                                    10.3.2.3.4.1 By Component
                                                    10.3.2.3.4.2 By Platform
                                     10.3.2.3.5 Rest of Europe
                                                    10.3.2.3.5.1 By Component
                                                    10.3.2.3.5.2 By Platform
     10.4 Asia-Pacific
             10.4.1 By Line-Fit
                        10.4.1.1 By Component
                        10.4.1.2 By Platform
                                     10.4.1.2.1 By Military Platform
                        10.4.1.3 By Country
                                     10.4.1.3.1 China
                                                    10.4.1.3.1.1 By Component
                                                    10.4.1.3.1.2 By Platform
                                     10.4.1.3.2 Rest of Asia-Pacific
                                                    10.4.1.3.2.1 By Component
                                                    10.4.1.3.2.2 By Platform
             10.4.2 By Retrofit
                        10.4.2.1 By Component
                        10.4.2.2 By Platform
                                     10.4.2.2.1 By Commercial Platform
                                     10.4.2.2.2 By Military Platform
                        10.4.2.3 By Country
                                     10.4.2.3.1 China
                                                    10.4.2.3.1.1 By Component
                                                    10.4.2.3.1.2 By Platform
                                     10.4.2.3.2 India
                                                    10.4.2.3.2.1 By Component
                                                    10.4.2.3.2.2 By Platform
                                     10.4.2.3.3 Japan
                                                    10.4.2.3.3.1 By Component
                                                    10.4.2.3.3.2 By Platform
                                     10.4.2.3.4 Rest of Asia-Pacific
                                                    10.4.2.3.4.1 By Component
                                                    10.4.2.3.4.2 By Platform
     10.5 Rest of the World
             10.5.1 By Line-Fit
                        10.5.1.1 By Component
                        10.5.1.2 By Platform
                                     10.5.1.2.1 By Commercial Platform
                                     10.5.1.2.2 By Military Platform
                        10.5.1.3 By Country
                                     10.5.1.3.1 Latin America
                                                    10.5.1.3.1.1 By Component
                                                    10.5.1.3.1.2 By Platform
             10.5.2 By Retrofit
                        10.5.2.1 By Component
                        10.5.2.2 By Platform
                                     10.5.2.2.1 By Commercial Platform
                                     10.5.2.2.2 By Military Platform
                        10.5.2.3 By Country
                                     10.5.2.3.1 Latin America
                                                    10.5.2.3.1.1 By Component
                                                    10.5.2.3.1.2 By Platform
                                     10.5.2.3.2 Middle East
                                                    10.5.2.3.2.1 By Component
                                                    10.5.2.3.2.2 By Platform
                                     10.5.2.3.3 Africa
                                                    10.5.2.3.3.1 By Component
                                                    10.5.2.3.3.2 By Platform

11 Competitive Landscape (Page No. - 116)
     11.1 Introduction
             11.1.1 Vanguard
             11.1.2 Innovator
             11.1.3 Dynamic
             11.1.4 Emerging
     11.2 Competitive Benchmarking
             11.2.1 Product Offerings
             11.2.2 Business Strategies

12 Company Profiles (Page No. - 120)
(Overview, Products and Services, Financials, Strategy & Development)*
     12.1 Honeywell International Inc.
     12.2 Safran S.A.
     12.3 United Technologies Corporation
     12.4 Meggitt PLC 
     12.5 Parker Hannifin Corporation
     12.6 Crane Aerospace & Electronics
     12.7 AAR Corporation
     12.8 Beringer Aero
     12.9 Matco Manufacturing Inc.
     12.10 Lufthansa Technik AG
     12.11 Jay-Em Aerospace & Machine, Inc.
     12.12 Grove Aircraft Landing Gear Systems Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

13 Appendix (Page No. - 158)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Introducing RT: Real-Time Market Intelligence
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (92 Tables)

Table 1 Mechanical and Thermal Properties of C/SiC and C/C Brake Materials
Table 2 Aircraft Brake System Market Size, By Component, 2015-2022 (USD Million)
Table 3 Market Size, By Brakes, 2015-2022 (USD Million)
Table 4 Market Size, By Braking Systems, 2015-2022 (USD Million)
Table 5 Market Size, By Platform, 2015-2022 (USD Million)
Table 6 Commercial Platform Market Size, By Linefit, 2015-2022 (USD Million)
Table 7 Commercial Market Size, By Retrofit, 2015-2022 (USD Million)
Table 8 Defense Platform Market Size, By Linefit, 2015-2022 (USD Million)
Table 9 Defense Market Size, By Retrofit, 2015-2022 (USD Million)
Table 10 Market Size, By Fit, 2017-2022 (USD Million)
Table 11 Market Size, By Region, 2015–2022 (USD Million)
Table 12 North America Market Size, By Country, 2015–2022 (USD Million)
Table 13 North America Market Size, By Component, 2015–2022 (USD Million)
Table 14 North America Market Size, By Platform, 2015–2022 (USD Million)
Table 15 North America Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 16 North America Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 17 North America Market Size, By Country, 2015-2022 (USD Million)
Table 18 U.S. Market Size, By Component, 2015–2022 (USD Million)
Table 19 U.S. Market Size, By Platform, 2014–2022 (USD Million)
Table 20 Canada Market Size, By Component, 2015-2022 (USD Million)
Table 21 Canada Market Size, By Platform, 2015–2022 (USD Million)
Table 22 North America Market Size, By Component, 2015–2022 (USD Million)
Table 23 North America Market Size, By Platform, 2015–2022 (USD Million)
Table 24 North America Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 25 North America Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 26 North America Market Size, By Country, 2015-2022 (USD Million)
Table 27 U.S. Market Size, By Component, 2015–2022 (USD Million)
Table 28 U.S. Market Size, By Platform, 2014–2022 (USD Million)
Table 29 Canada Market Size, By Component, 2015-2022 (USD Million)
Table 30 Canada Market Size, By Platform, 2015–2022 (USD Million)
Table 31 Europe Market Size, By Country, 2015–2022 (USD Million)
Table 32 Europe Market Size, By Component, 2015–2022 (USD Million)
Table 33 Europe Market Size, By Platform, 2015–2022 (USD Million)
Table 34 Europe Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 35 Europe Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 36 France Market Size, By Component, 2015–2022 (USD Million)
Table 37 France Market Size, By Platform, 2015–2022 (USD Million)
Table 38 Europe Market Size, By Component, 2015–2022 (USD Million)
Table 39 Europe Market Size, By Platform, 2015–2022 (USD Million)
Table 40 Europe Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 41 Europe Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 42 Europe Market Size, By Country, 2015-2022 (USD Million)
Table 43 France Market Size, By Component, 2015–2022 (USD Million)
Table 44 France Market Size, By Platform, 2015–2022 (USD Million)
Table 45 U.K. Market Size, By Component, 2015-2022 (USD Million)
Table 46 U.K. Market Size, By Platform, 2015–2022 (USD Million)
Table 47 Germany Market Size, By Component, 2015–2022 (USD Million)
Table 48 Germany Market Size, By Platform, 2015–2022 (USD Million)
Table 49 Russia Market Size, By Component, 2015–2022 (USD Million)
Table 50 Russia Market Size, By Platform, 2015–2022 (USD Million)
Table 51 Rest of Europe Market Size, By Component, 2015–2022 (USD Million)
Table 52 Rest of Europe Market Size, By Platform, 2015–2022 (USD Million)
Table 53 Asia-Pacific Market Size, By Country, 2015–2022 (USD Million)
Table 54 Asia-Pacific Market Size, By Component, 2015–2022 (USD Million)
Table 55 Asia-Pacific Market Size, By Platform, 2015–2022 (USD Million)
Table 56 Asia-Pacific Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 57 Asia-Pacific Market Size, By Country, 2015-2022 (USD Million)
Table 58 China Market Size, By Component, 2015–2022 (USD Million)
Table 59 China Market Size, By Platform, 2015–2022 (USD Million)
Table 60 Rest of APAC Market Size, By Component, 2015–2022 (USD Million)
Table 61 Rest of APAC Market Size, By Platform, 2015–2022 (USD Million)
Table 62 Asia-Pacific Market Size, By Component, 2015–2022 (USD Million)
Table 63 Asia-Pacific Market Size, By Platform, 2015–2022 (USD Million)
Table 64 Europe Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 65 Asia-Pacific Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 66 Asia-Pacific Market Size, By Country, 2015-2022 (USD Million)
Table 67 China Market Size, By Component, 2015–2022 (USD Million)
Table 68 China Market Size, By Platform, 2015–2022 (USD Million)
Table 69 India Market Size, By Component, 2015–2022 (USD Million)
Table 70 India Market Size, By Platform, 2015–2022 (USD Million)
Table 71 Japan Market Size, By Component, 2015–2022 (USD Million)
Table 72 Japan Market Size, By Platform, 2015–2022 (USD Million)
Table 73 Rest of Asia-Pacific Market Size, By Component, 2015–2022 (USD Million)
Table 74 Rest of Asia-Pacific Market Size, By Platform, 2015–2022 (USD Million)
Table 75 RoW Market Size, By Region, 2015–2022 (USD Million)
Table 76 RoW Market Size, By Component, 2015–2022 (USD Million)
Table 77 RoW Market Size, By Platform, 2015–2022 (USD Million)
Table 78 RoW Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 79 RoW Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 80 Latin America Market Size, By Component, 2015–2022 (USD Million)
Table 81 Latin America Market Size, By Platform, 2015–2022 (USD Million)
Table 82 RoW Market Size, By Component, 2015–2022 (USD Million)
Table 83 RoW Market Size, By Platform, 2015–2022 (USD Million)
Table 84 RoW Commercial Platform Segment, By Type, 2015–2022 (USD Million)
Table 85 RoW Military Platform Segment, By Type, 2015–2022 (USD Million)
Table 86 RoW Market Size, By Region, 2015–2022 (USD Million)
Table 87 Latin America Market Size, By Component, 2015–2022 (USD Million)
Table 88 Latin America Market Size, By Platform, 2015–2022 (USD Million)
Table 89 Middle East Market Size, By Component, 2015–2022 (USD Million)
Table 90 Middle East Market Size, By Platform, 2015–2022 (USD Million)
Table 91 Africa Market Size, By Component, 2015–2022 (USD Million)
Table 92 Africa Market Size, By Platform, 2015–2022 (USD Million)
 
 
List of Figures (67 Figures)
 
Figure 1 Aircraft Brake System Market: Markets Covered
Figure 2 Study Years
Figure 3 Research Process Flow
Figure 4 Aircraft Brake System Market: Research Design
Figure 5 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 6 Air Passenger Traffic, 2005-2015
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
Figure 9 Data Triangulation
Figure 10 Assumptions of the Research Study
Figure 11 Aircraft Brake System Market, By Component, 2017 & 2022 (USD Billion)
Figure 12 The Linefit Segment is Projected to Lead the Market During the Forecast Period
Figure 13 The Commercial Platform Segment is Projected to Lead the Market During the Forecast Period
Figure 14 The North America Region is Projected to Lead the Market During the Forecast Period
Figure 15 Rise in Aircraft Orders and Deliveries is Expected to Drive the Growth of the Market
Figure 16 The Brakes Segment is Projected to Lead the Market During the Forecast Period
Figure 17 The Retrofit Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 18 The Commercial Segment is Projected to Lead the Market During the Forecast Period
Figure 19 Market Segmentation
Figure 20 Market, By Component
Figure 21 Market, By Fit
Figure 22 Market, By Platform
Figure 23 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 24 Percentage of New Aircraft Orders Across Various Regions (2016-2035)
Figure 25 Passenger Traffic in Terms of Revenue Passenger Kilometers (2015 & 2035)
Figure 26 Profitability of the Global Airline Industry (2010-2015)
Figure 27 Demand for Military Unmanned Aerial Vehicles (2013-2021)
Figure 28 Order Backlogs as of June 30, 2016
Figure 29 Implementation of Electric Braking System is the Primary Focus of OEMS
Figure 30 The Wheel Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 31 The Commercial Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 32 The Linefit Segment is Projected to Lead the Aircraft Brake System Market During the Forecast Period
Figure 33 Regional Snapshot
Figure 34 North America Aircraft Brake System Market Snapshot
Figure 35 Europe Market Snapshot
Figure 36 Asia-Pacific Market Snapshot
Figure 37 RoW Market Snapshot
Figure 38 Dive- Vendor Comparison Matrix
Figure 39 Honeywell International Inc.: Company Snapshot
Figure 40 Honeywell International Inc.: Product/Service Offerings Scorecard
Figure 41 Honeywell International Inc.: Business Strategies Scorecard
Figure 42 Safran S.A.: Company Snapshot
Figure 43 Safran S.A.: Product/Service Offerings Scorecard
Figure 44 Safran S.A.: Business Strategies Scorecard
Figure 45 United Technologies Corporation: Company Snapshot
Figure 46 United Technologies Corporation: Product/Service Offerings Scorecard
Figure 47 United Technologies Corporation: Business Strategies Scorecard
Figure 48 Meggitt PLC: Product/Service Offerings Scorecard
Figure 49 Meggitt PLC: Business Strategies Scorecard
Figure 50 Parker Hannifin Corporation: Company Snapshot
Figure 51 Parker Hannifin Corporation.: Product/Service Offerings Scorecard
Figure 52 Parker Hannifin Corporation.: Business Strategies Scorecard
Figure 53 Crane Aerospace & Electronics: Product/Service Offerings Scorecard
Figure 54 Crane Aerospace & Electronics: Business Strategies Scorecard
Figure 55 AAR Corporation: Company Snapshot
Figure 56 AAR Corporation: Product/Service Offerings Scorecard
Figure 57 AAR Corporation.: Business Strategies Scorecard
Figure 58 Beringer Aero.: Product/Service Offerings Scorecard
Figure 59 Beringer Aero.: Business Strategies Scorecard
Figure 60 Matco Manufacturing Inc.: Product/Service Offerings Scorecard
Figure 61 Matco Manufacturing Inc.: Business Strategies Scorecard
Figure 62 Lufthansa Technik AG.: Product/ Service Offerings Scorecard
Figure 63 Lufthansa Technik AG: Business Strategies Scorecard
Figure 64 Jay-Em Aerospace.: Product/Service Offerings Scorecard
Figure 65 Jay-Em Aerospace.: Business Strategies Scorecard
Figure 66 Grove Aircraft Landing Gear Systems Inc.: Product/Service Offerings Scorecard
Figure 67 Grove Aircraft Landing Gear Systems Inc.: Business Strategies Scorecard

The aircraft brake system market is projected to grow from USD 6.08 Billion in 2017 to USD 8.42 Billion by 2022, at a CAGR of 6.71% during the forecast period. This growth can be attributed to the increasing fleet size of commercial aircraft and the growing demand for lightweight aircraft components.

The aircraft brake system market has been segmented based on component, platform, fit, and region. Based on component, the market has been classified into braking systems, brakes, and wheels. The brakes segment of the market is projected to grow at the highest CAGR from 2017 to 2022, owing to the high demand for carbon brakes and technological advances in braking systems, such as electric braking systems.

Based on fit, the aircraft brake system market has been segmented into line-fit and retrofit. The retrofit segment is projected to grow at the highest CAGR during the forecast period. This growth is mainly attributed to the aircraft maintenance and repair activities carried out within a span of four to five years.

Based on region, the aircraft brake system market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is projected to lead the aircraft brake system market during the forecast period. The aircraft brake system market in Europe and Asia-Pacific is anticipated to witness significant growth, owing to the increase in demand for cost-effective and highly reliable aircraft brake system components.

Aircraft Brake System Market

Stringent regulations regarding aircraft safety and security act as a key challenge to the growth of the aircraft brake system market.

Products offered by various companies in the aircraft brake system market have been listed in the report. The recent developments section of the report includes recent and key developments made by various companies between 2013 and 2017. Major companies profiled in the report include Safran S.A. (France), Honeywell International Inc. (U.S.), UTC Aerospace Systems (U.S.), Crane Aerospace & Electronics (U.S.), and Parker Hannifin Corporation (U.S.), among others. Contracts and agreement were the key growth strategies adopted by leading players in the aircraft brake system market. These strategies have enabled companies to strengthen their market share in the aircraft brake system market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit https://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Aviation Markets on KnowledgeStore
Request Demo