Aircraft Braking System Market - By Component (Wheels, Brake Discs, Brake Housing, Valves, Actuators, Accumulator, Electronics), By Actuation, By Aircraft Type, By End-use Industry & Forecast, 2023 – 2032
Published Date: April - 2025 | Publisher: MRA | No of Pages: 240 | Industry: Aerospace | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAircraft Braking System Market - By Component (Wheels, Brake Discs, Brake Housing, Valves, Actuators, Accumulator, Electronics), By Actuation, By Aircraft Type, By End-use Industry & Forecast, 2023 – 2032
Aircraft Braking System Market Size
Aircraft Braking System Market was valued at USD 6.8 billion in 2022 and is anticipated to grow at a CAGR of over 4% between 2023 and 2032.
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The global surge in air travel, driven by rising disposable incomes, urbanization, and a growing middle-class population, has led to a higher demand for new commercial aircraft. This, in turn, necessitates advanced braking systems to ensure safety during landing and ground operations. Furthermore, airlines frequently expand their fleets to meet this heightened demand, creating a substantial market for braking system manufacturers. As aircraft fleets expand, older aircraft are phased out or retrofitted, requiring the installation of modern braking systems to meet evolving safety and efficiency standards.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Aircraft Braking System Market Size in 2022 | USD 6.8 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 4% |
| 2032 Value Projection | USD 10 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 220 |
| Tables, Charts & Figures | 346 |
| Segments covered | USD 10 Billion Component, Actuation, Aircraft Type, End-use industry & Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
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Additionally, continuous technological advancements in braking systems including carbon brakes and anti-skid technology contribute to market growth as airlines seek more reliable & efficient options to reduce operational costs and enhance passenger safety. For instance, in May 2022, AllClear Aerospace & Defense (“AllClear”) has signed a multi-year distribution agreement with Aircraft Wheel and Brake, LLC, a Kaman company. Through this partnership, AllClear continues to expand its product portfolio and military aerospace aftermarket support for the KT-1 and KT-100 programs.
"Making aircraft brakes is no easy feat. They're super complex and have to be super precise because they're what keep planes from crashing. They have to be super strong and safe, so they have to be made with the latest and greatest materials and machinery. But here's the catchmaking these brakes in large numbers while still making sure they're all perfect is like trying to balance on a tightrope. Even the smallest mistake can lead to big problems. So, to make sure these brakes are top-notch, companies need to invest in fancy equipment, hire the best people, and keep a close eye on everything they do. But that can really add up in terms of cost."
COVID-19 Impact
The global spread of COVID-19 dealt a major blow to the aircraft braking system industry. As planes were grounded and air travel nosedived, the need for new aircraft and their parts, like braking systems, hit rock bottom. Airlines put off routine maintenance and upgrades, which meant fewer replacements and overhauls of braking systems. The pandemic also squeezed the aviation industry's finances, making it tough for companies to invest in new technologies and improvements. Even as air travel starts to pick up again, the aircraft braking system market is taking a while to recover. The scars of the pandemic are still fresh, and the industry's return to health is expected to be slow and bumpy.
Aircraft Braking System Market Trends
The development of electro-mechanical braking systems is a notable trend. They are crucial for electric & hybrid-electric aircraft as they offer precise control and the ability to recover energy during braking, thus enhancing overall efficiency. These systems provide regenerative braking, converting kinetic energy into electrical energy that can be stored or used to power other aircraft systems. Electro-mechanical brakes are pivotal in supporting the growth of environmentally friendly electric propulsion technologies while also providing a safer and more reliable braking solution.
A trend toward integrated brake control systems is emerging, featuring seamless integration with aircraft avionics and data networks. This allows for real-time monitoring of brake system performance, which enhances safety and simplifies maintenance. These systems enable predictive maintenance by collecting and analyzing data from the brake system, helping operators identify & address issues before they become critical. The integration of braking systems with other aircraft systems streamlines operation, improves safety, and reduces downtime, contributing to enhanced operational efficiency in the aviation industry.
Aircraft Braking System Market Analysis
Learn more about the key segments shaping this market
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Based on aircraft type, the market is segmented into fixed-wing, rotary-wing, unmanned aerial vehicles, and advanced air mobility. The fixed-wing segment dominated the global market with a share of over 40% in 2022.
- The expansion of commercial aviation and the increasing number of passenger aircraft, especially large & wide-body planes, are driving the demand for efficient and robust braking systems to ensure safe landings & ground operations. The growth in long-haul flights necessitates braking systems that can handle the demands of larger and heavier aircraft, thereby contributing to market growth.
- Stringent safety regulations and standards in the aviation industry mandate the use of advanced & reliable braking systems, further promoting their adoption in fixed-wing aircraft. As airlines modernize and upgrade their fleets, they often invest in more advanced braking systems to improve safety and reduce operational costs.
Learn more about the key segments shaping this market
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Based on actuation, the market is divided into independent brake systems, boosted brake systems, and power brake systems. The boosted brake systems segment is anticipated to register a CAGR of over 5% through 2032.
- Boosted brake systems provide enhanced braking performance, allowing for shorter landing distances and better control during taxiing. This is essential for safety, especially at busy airports and in adverse weather conditions. These systems are designed to be lightweight, which is a critical factor in aviation. Reduced weight contributes to fuel efficiency and overall aircraft performance.
- The use of advanced materials in boosted brake systems increases their durability and reliability, reducing maintenance costs & downtime. Boosted brake systems are designed to optimize the use of energy, making them more environmentally friendly and aligning with the aviation industry's sustainability goals.
Looking for region specific data?
Hey, I have some interesting info about the aircraft braking system market. North America is the boss in this market, holding over 30% of the pie in 2022. It's no surprise since they have a lot of big players in the aviation game, like aircraft makers, airlines, and suppliers. This means there's a huge demand for top-notch braking systems. Also, North America is super serious about safety and rules, so that pushes the need for the best and most reliable braking tech. With more people flying and airlines getting more planes, the market is only getting bigger. And the cherry on top is that they're working on making these braking systems lighter and more fuel-efficient, which helps save money and protect the environment.
Aircraft Braking System Market Share
Players operating in the market focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product development & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also heavily invest in research & development to introduce innovative and technologically advanced solutions in the industry. Some major players operating in the aircraft braking system industry are mentioned below
- Beringer Aero
- Collins Aerospace
- Crane Co.
- Honeywell International Inc.
- Meggitt PLC
- Parker-Hannifin Corporation
- Safran
Aircraft Braking System Industry News
- In September 2022, Parker-Hannifin Corp. acquired UK-based aerospace and defense supplier, Meggitt for approximately USD 17.6 billion. The acquisition increased the company’s aftermarket mix through recurring revenue and enhanced growth opportunities through commercial aerospace recovery.
- In August 2022, RUAG Australia signed an agreement with Honeywell International to become a Maintenance, Repair and Overhaul (MRO) authorized service center for the F-35 Joint Strike Fighter Wheels and Brakes program in the Asia Pacific (APAC) region.
The aircraft braking system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments
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Market, By Component
- Wheels
- Brake Discs
- Brake Housing
- Valves
- Actuators
- Accumulator
- Electronics
Market, By Actuation
- Independent brake systems
- Boosted brake systems
- Power brake systems
Market, By Aircraft Type
- Fixed-wing
- Rotary-wing
- Unmanned aerial vehicles
- Advanced air mobility
Market, By End-use Industry
- OEM
- Aftermarket
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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