Aerospace Wheel and Brake Market is likely to grow at 5.0% CAGR Over the Next Five Years

Stratview Research has launched a new research report on Aerospace Wheel and Brake Market. The report segments the market in the most intelligent way, giving a holistic and detailed view of the market.
The forecast of the market size has been segmented by –
● by End-User Type (OEM and Aftermarket)
● by Products Type (Wheels, Carbon Brakes, and Steel Brakes)
● and by Region

o North America
o Europe
o Asia-Pacific
o Rest of the World

The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Aerospace Wheel and Brake market.
Years considered for this report –
 base year 2016
 trend period 2010 – 2015
 forecast period 2016 – 2021

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Increasing commercial aircraft deliveries

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 aerospace and defense wheel and brake market.

OEM and aftermarket segments to offer healthy opportunity in the market

Commercial aircraft is expected to remain growth engine of the 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 aerospace and defense brakes market due to their excellent performance.

North America to remain the largest market

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.

Top market players

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 business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
 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.

Research Methodology

This report studies the global Aerospace Wheel and Brake market, keeping in mind the interest of all the stakeholders across the value chain. The rich quality of insights is outcome of -
 Extensive secondary research,
 Rigorous primary interviews with more than 15 industry stakeholders across the value chain.
 Validation and triangulation of data with Stratview Research’s internal database and statistical tools.
 More than 1000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.

Stratview Research has several high value market reports in the chemicals and materials industry. Please refer to the following link to browse through our 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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