Aircraft Brake System Global Market 2023 : Industry Analysis, Trends, Segmentation, Regional Overview And Forecast 2032 | Honeywell International, Safran Landing Systems, Raytheon Technologies, PARKER HANNIFIN CORP, Crane Aerospace & Electronics

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Aircraft Brake System market report by The Business Research Company, the increase in fleet size of commercial and defense aircraft is expected to propel the growth of the aircraft brake system market going forward.

The global aircraft brake system market size grew from $8.72 billion in 2022 to $9.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft brake system market size is expected to grow to $12.44 billion in 2027 at a CAGR of 6.8%.

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Major competitors in the Aircraft Brake System market include Honeywell International, Safran Landing Systems, Raytheon Technologies, PARKER HANNIFIN CORP, Crane Aerospace & Electronics, Beringer-aero, MATCO Mfg., Grove Aircraft Landing Gear Systems Inc., Jay-Em Aerospace & Machine Inc., Bauer Inc., Nasco Aircraft Brake Inc., Collins Aerospace, and AAR Corp.

The Aircraft Brake System market is segmented -
• By Component: Braking System Components, Brakes, Wheels
• By Acutation: Power Brake, Boosted Brake, Independent Brake
• By Brake Type: Carbon Breaks, Steel Breaks, Others
• By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles
• By End-User: Commercial Aircraft, Defense Aircraft
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Aircraft Brake System market.

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The aircraft brake system is a system used to stop a moving aircraft by converting kinetic energy to heat energy through friction between discs located in brake systems in the wheels. The aircraft brake system provides this critical function during take-off, landing, and taxiing to stop the airplanes within the specified length of the runway.

The Table Of Content For The Aircraft Brake System Market Include:
1. Executive Summary
2. Aircraft Brake System Market Characteristics
3. Aircraft Brake System Market Trends And Strategies
4. Aircraft Brake System Forwarding Market - Macro Economic Scenario
5. Aircraft Brake System Market Size And Growth
……….
28. Key Mergers And Acquisitions In The Aircraft Brake System Market
29. Aircraft Brake System Market Future Outlook and Potential Analysis
30. Appendix

The "Global Aircraft Brake System Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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