Press release
Aircraft Braking System Market Size 2027: Industry Share, Trends and Forecast - Breakdown Data by Manufacturers, Types, Application and Key Regions
The Report Global Aircraft Braking System Market Insights, Forecast to 2027 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.bizDeployment of highly efficient aircraft braking system in modern aircrafts is of utmost importance. Safety primarily relies upon the efficient working of the braking system, since brakes are used to slowdown and stop the aircraft whenever necessary. The aircraft braking system must be capable of braking on the smooth runway surface with limited length. This leads to the development of complex braking system, which requires unwavering focus in terms of technology and material. Modern aircraft braking system comprises of aircraft disc brakes, thrust reversers, air brakes and drogue parachutes. All these components play significant roles in reducing the aircraft speed, thereby, ensuring safe landing. The brakes are replaced when the tyre tread or brake material is worn. This failure is examined by the maintenance staff, during which the entire brake/ wheel assembly is routed for replacement. The global aircraft braking system market is primarily driven by the refurbishment of brakes in existing fleet rather than the demand for new aircraft. This demand is primarily due to increase in airline traffic, which requires frequent upgrade of braking systems. According to the Airbus S.A.S, the global Revenue Passenger Kilometre is expected to grow by 4.5% every year, over the period 2014-2034.
Further, aircraft manufacturing focusing on lightweight and downsizing of aircraft components is expected to create opportunities for research & development in aircraft braking system for development of new products. Chances of corrosion in braking material while operating in extreme environment conditions is one of the major challenges faced by aircraft OEMs. This is further expected to create significant opportunities for OEMs to monitor, remove and protect aircraft brakes against corrosion. Favourable macroeconomic conditions in developed and developing nations are expected to boost the market growth, as an increase in aircraft production will, in turn, create demand for aircraft braking system. OEMs are forming strategic alliances with component manufacturers to upgrade their existing braking system. This move will further assist the OEMs to gain customer confidence and will aid them to drive profitable growth in the competitive environment. In October 2016, UTC Aerospace Systems signed a contract with Ducommun to build electronic assemblies for the up gradation of its braking system.
Global Aircraft Braking System Market: Segmentation
The global Aircraft Braking System market is segmented on the basis of product type, deployment type, end-use, aircraft type and region.
Based on product type, the global aircraft braking system market is segmented into carbon brakes and steel brakes. Deployment of particular brake type in aircraft depends on the desired operating environment. Carbon brakes are primarily deployed in military and commercial aircraft.
Based on sales channel, the global aircraft braking system market can be segmented into OEM and after-market. After-market is expected to emerge as a fast growing segment owing to rising demand for the refurbishment of worn brakes in existing fleet.
On the basis of end-use, the global Aircraft Braking System market can be segmented into general aviation, civil aviation and military aircraft.
By aircraft type, the global Aircraft Braking System market can be segmented into narrow-body aircraft, wide-body aircraft, regional jets, freighter and turboprops.
Global Aircraft Braking System Market: Regional Outlook
Asia-Pacific is expected to emerge as a fast growing region in terms of revenue growth in the global aircraft braking system market. This is primarily attributed to the significant growth in aircraft fleet. Further, shifting production base from North America and Europe to Asia-Pacific region due to reduced labour cost is also expected to drive noteworthy volume growth opportunities in the region. In terms of market share contribution, North America and Western Europe jointly share the larger pie of the market since one-third of the global fleet is present in North America with over twenty percent in Western Europe.
Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/13384
Global Aircraft Braking System Market: Market Participants
Global Aircraft braking system market is highly consolidated with a handful of players contributing to the major share in the market. This includes Honeywell International Inc, UTC Aerospace Systems, Meggitt PLC and Safran Landing Systems among others. Companies are primarily focusing towards the development of the combination of wheel and braking system that can operate at high temperature and high speed.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
Request For TOC Report @ https://www.marketresearchreports.biz/sample/toc/13384
About us
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.
Contact
Mr. Nachiket
State Tower
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-621-2074
Website: https://www.marketresearchreports.biz/
Email: sales@marketresearchreports.biz
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aircraft Braking System Market Size 2027: Industry Share, Trends and Forecast - Breakdown Data by Manufacturers, Types, Application and Key Regions here
News-ID: 1373328 • Views: …
More Releases from MarketResearchReports.biz
Hydro-flyers Market: Moving Towards a Brighter Future
A hydro-flyer is an adventure sporting device which uses the propulsion of water jet technology to create continuous flight movement, where the lift and movement are controlled by the flyer. Hydro-flyers sporting devices make use of the flow of water power to drive the flyer to reach soaring heights. The rise in water sporting facilities is one of the major factors that promote the growth and demand for hydro-flyers in…
Outdoor Floodlights: Technology and Market Dynamics
Outdoor floodlights is a reliable, highly efficient, and economical solution for a wide range of outdoor applications. These lights are resistant to temperature fluctuations and they remain stable even in extreme climatic conditions. Unlike the traditional lights, floodlights remain stable and functional even in harsh climatic conditions. This makes them ideal for use in any climate and any outdoor application. Outdoor floodlights save a significant amount of energy and consume…
Snow Helmets Market Future Prospects and Regional Outlook
Riders are riding faster and getting bolder day by day. Hence, safety equipment need to be updated as per the requirement and changing time. Earlier, helmets were primarily used by extreme skiers and racers. They were used only on slopes. However, later, the use of helmets was made compulsory. Earlier, bulky black helmets were used by riders, which are outdated at present. Currently, new stylish helmets that can match with…
Predictions for 2019: Global Sparkling Water Dispensers Industry Is Set to Boom
Sparkling water dispensers are equipment used for dispensing carbonated water. These dispensers mix the still, filtered water with carbon dioxide before dispensing. Sparkling water dispensers are mostly used in households and commercial establishments such as amusement parks, hotels, restaurants, and sports arenas. A sparkling water dispenser has separate outlets for hot water and cold water. The hot water outlet does not require a separate filtration process. However, cold water is…
More Releases for Aircraft
Private Plane Market Analysis By Top Keyplayers - American Champion Aircraft, Bu …
The "Private Plane Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Private Plane Market, 2024-2031
Verified Market Research's most recent report, "Private Plane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth…
Aircraft Lighting Systems Market : Commercial Aircraft, General Aviation and Pri …
According to a new report published by Allied Market Research, titled, "Aircraft Lighting Systems Market," The aircraft lighting systems market was valued at $1.5 billion in 2020, and is estimated to reach $2.3 billion by 2030, growing at a CAGR of 4.9% from 2021 to 2030.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/2405
The aircraft lighting system industry holds a great potential in the future, owing to the rise in the global aviation…
Aircraft Refurbishing Market : Very light aircraft, Wide body aircraft, Narrow b …
The global aircraft refurbishing market was valued at $456.7 million in 2021, and is projected to reach $932.5 million by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Sample Report with Latest Industry Trends - https://www.alliedmarketresearch.com/request-toc-and-sample/9465
COVID-19 scenario analysis:
Aircraft refurbishing market might be among those exceptions of industries which are surviving despite COVID-19 pandemic, even more demand is expected to soar post pandemic.
Aircraft refurbishing market as a whole was…
Aircraft Refurbishing Market : Very light aircraft, Wide body aircraft, Narrow b …
The global aircraft refurbishing market was valued at $456.7 million in 2021, and is projected to reach $932.5 million by 2031, growing at a CAGR of 7.2% from 2022 to 2031 by Refurbishing Service (Interior, Exterior), by Aircraft Type (Very light aircraft, Wide body aircraft, Narrow body aircraft, Large body aircraft, VIP aircraft), by Type (Passenger to freighter, Commercial Aircraft Cabin, VIP Cabin Refurbishing), by End Use (Government, Commercial): Global…
Global Aircraft Line Maintenance Market By Aircraft Type: Narrow Body Aircraft ( …
According to the latest research by SkyQuest Technology, the Global Aircraft Line Maintenance Market was valued at USD 18.38 billion in 2021, and it is expected to reach USD 28.53 billion by 2028, with a CAGR of 5.80% during the forecast period of 2022 - 2028. The research provides up-to-date Aircraft Line Maintenance market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Get full report…
Aircraft Cables Market End User (Commercial Aircraft, Private Aircraft, Defense …
Aircraft cable is a type of cable, which mainly finds application in the aircraft industry. The high strength and versatile aircraft cable can also be used for various pushing and pulling applications that includes sheaves, pulleys, and winches among others. The size of the aircraft cable is between 0.047 inches to 0.375 inches, and constructed in various strand namely 1X7 strand, 1X19 strand, 7X7 strand, and 7X19 strand.
Get Sample…
