Aircraft Braking System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Aircraft Type (Fixed wing, Rotary Wing), By Actuation (Power Brake, Boosted Brake, Independent Brake), By End User (Commercial, Military, General Aviation), By Distribution (OEM, Replacement), By Region, Competition
Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe Aircraft Braking System Market is expected to grow from USD 6.4 Billion in 2022 to USD 7.6 Billion by 2027, at a CAGR of 3.3% over the forecast period.
International aircraft braking system market is expected to grow with remarkable rate over the forecast period due to the rising air traffic and rise in operations in commercial aviation sector. Aircraft braking system comprises vast array of aircraft braking systems such as single disc, dual disc, multiple disc, and rotary disc brakes. Aircraft landing gear disc brakes of an aircraft stop the wheels upon touching the surface. Thrust reversers, enable the plane to be slowed through the utilization of engine thrust, dedicated flight control surfaces called air brakes that operate by creating more drag cause slowing down of planes.
Download Sample Ask for Discount Request Customization
All new airplanes are fitted with braking systems to slow them and bring them to a halt while on the ground. Besides that, they are commonly used to turn an airplane using differential braking. The sector is being driven by advancements in aircraft braking system designs and technology, including electronic integration with fly-by-wire braking.
The requirement for braking system of aircraft is increasing worldwide because of the increase in aircraft deliveries and a high fleet of commercial and regional aircraft. Because of the COVID-19 pandemic throughout the world, the whole value chain of the aviation sector was disrupted. Although being a very small segment of the aircraft industry, the market for replacement of aircraft Brake systems was hit hard. Most companies postponed its product deliveries and travel ban by numerous countries of Europe, north America, Asia pacific leads to delay in collaboration and partnership. But the airline industry demonstrated signs of improvement, with domestic air traffic rebounding at the quickest pace and international air traffic following its trail as economies all over the world slowly start recovering from the lockdown amid the epidemic.
Increasing Commercial Aircraft Activities
Modern commercial aircraft operating systems like the B737 Max, A320 Neo, and B777x are gradually replacing conventional steel-based braking systems with advanced carbon fiber ones over the course of the forecasted time due to several advantages such as better life, robust performance, weight reduction, and lower fuel consumption.
Emerging New Technologies
Traditional braking system requires a complicated system that runs from an aircraft engine-driven pump (EDP) to Brake actuators, adding weight to the aircraft and perhaps resulting in significant vibration and leakage issues. Many industries have designed and adopted Concrete systems to increase the dependability and safety of modern electrified aircraft. With new cutting-edge technology
Strict regulations and quality of products
Aerospace industry strictly maintain its regulation and quality standards pertaining to passengers and aircraft safety. According to regulations each braking system must be approved under aviation industry regulation. Therefore, aircraft braking companies need to design new products as per the requirements and utmost safety. Such regulations limit the growth of aircraft braking system market.
Download Sample Ask for Discount Request Customization
Market Segmentation
Key Players Covered
- Honeywell International Inc.
- AFRAN.
- Collins Aerospace.
- Parker-Hannifin Corporation.
- Crane Aerospace and Electronics.
- Meggitt PLC.
- Lufthansa Technik AG.
- Others.
Company Profiles
Safran S.A., Aviation Products Systems Inc., Beringer Aero, Collins Aerospace, Crane Aerospace & Electronics, Grove Aircraft Landing Gear Systems Inc., Honeywell International, Matco Mfg., Mcfarlane Aviation Inc., Rapco Inc. are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2022 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Billion, and CAGR for 2018-2022 and 2023-2028 |
|
Report Coverage |
Revenue forecast, Value forecast, company share, competitive landscape, growth factors, and trends |
|
Segments Covered |
· By Aircraft Type · By Actuation · By End User · By Distribution · Region |
|
Regional Scope |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
|
Country Scope |
United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, Poland, Netherland, Norway, China, Japan, South Korea, India, Malaysia, Indonesia, Thailand, South Africa, Saudi Arabia, United Arab Emirates, Argentina, Brazil, Colombia. |
|
Key Companies Profiled |
Safran S.A., Aviation Products Systems Inc., Beringer Aero, Collins Aerospace, Crane Aerospace & Electronics, Grove Aircraft Landing Gear Systems Inc., Honeywell International, Matco Mfg., Mcfarlane Aviation Inc., Rapco Inc. |
|
Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
Related Reports
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy