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: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format

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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

Global aircraft braking system market is anticipated to grow at impressive rate during the forecast period on account of increasing air traffic and surge in operations in commercial aviation industry. Aircraft braking system consists of wide variety of aircraft braking systems, including single disc, dual disc, multiple disc, and rotary disc brakes. Aircraft landing gear disc brakes of an aircraft are used to stop the wheels as they contact with the surface. Thrust reversers, allow the aircraft to be slowed down by using engine thrust, specialized flight control surfaces known as air brakes that function by generating more drag result in slowdown of aircraft.

All recent aircrafts are equipped with braking systems that help them slow down and stop when they are on the ground. In addition, they are often employed to steer an aircraft through differential braking. The industry is being driven by improvements in the designs and technology of aircraft braking systems, such as the integration of electronics with fly-by-wire braking.

The demand for aircraft braking systems is rising across the globe due to increment in aircraft deliveries and a substantial fleet of commercial and regional aircraft. Due to COVID-19 outbreak across the world, the entire value chain of the aviation industry was shaken. Despite being a very small percentage of the aircraft industry, the aircraft brake system replacement market was severely impacted. Many companies delayed its product deliveries and travel restriction by many countries of Europe, north America, Asia pacific results in delay in collaboration and partnerships. However, the airline sector showed the signs of recovery, with domestic air traffic returning at the fastest rate and international air travel following its path as economies throughout the world gradually begin to recover from the lockdown during 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 self-powered brake 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.


MIR Segment1

Market Segmentation

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 â€“ 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.

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