Wheel and Brake Market in Aerospace industry is likely to grow at 5.0% CAGR during the forecast period of 2016 to 2021. – Stratview Research Market Report

The research studies Aerospace Wheel and Brake market in the trend period of 2010 to 2015 and forecasted period of 2016 to 2021 under given segments - by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), by Product Type (Wheel, Carbon Brake, and Steel Brake), by End Use (OEM, Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.

The study finds –
 North America is expected to remain the largest market for wheels and brakes due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.
 Commercial aircraft is expected to remain growth engine of the global aerospace and defense wheel and brake market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years.

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The Aerospace and Defense Wheel and Brake Market: Highlights

The aerospace and defense wheel and brake market offers a good growth opportunity and is likely to grow at 5.0% CAGR during the forecast period of 2016 to 2021. Increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, increase in share of wide body aircraft, etc. are some of the key growth drivers of the global aerospace and defense wheel and brake market.

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Commercial aircraft is expected to remain growth engine of the global aerospace and defense wheel and brake market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years. Among the brake types, carbon brakes are expected to provide a robust growth opportunity in the global aerospace and defense brakes market due to their excellent performance.

North America is expected to remain the largest market for wheels and brakes due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.

The supply chain of this market comprises raw material suppliers, wheel and brake manufacturers, distributors, Aircraft OEMs, and Airlines. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airlines are Lufthansa, Delta Air, Air China,
and Singapore Airlines.

The wheel and brake market is a highly consolidated market. The key wheel and brake manufacturers are Meggitt Aircraft Braking Systems, Honeywell Aerospace, Parker, Safran Landing Systems (Messier-Buggatti-Dowty), and UTC Aerospace Systems. New product development, regional expansion, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum input to the entire value chain of Aerospace Wheel and Brake. The key features of the report are -
 Market structure: Overview, industry life cycle analysis, supply chain analysis
 Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
 Market trend and forecast analysis
 Market segment trend and forecast
 Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
 Attractive market segments and associated growth opportunities
 Emerging trends
 Strategic growth opportunities for the existing and new players
 Key success factors.

Stratview follows a rigorous process for conducting business research from primary and secondary sources to understand the entire market ecosystem. It has several high value market reports in the Aerospace & defence industry. Please refer to the following link to browse through the reports:

Click Here for Other Reports from Stratview Research in the Aerospace & Defence Industry: https://www.stratviewresearch.com/market-reports/Aerospace-Defense.html

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