Press release
Global Aircraft Brake System Market: Unprecedented Growth, Key Players, and Emerging Trends
Aircraft Brake System Market
Growth Trajectory Carved by Fleet Expansion, Regulatory Standards, Technological Advancements, and Green Aviation Initiatives
What Is The Projected Market Size Of The Global Aircraft Brake System Market And Its Growth Rate?
Keeping pace with worldwide fleet expansion and advancements in the aviation sector, the global aircraft brake system market has soared significantly.
• The market size is expected to surge from $10.29 billion in 2024 to $11.18 billion in 2025, registering a compound annual growth rate (CAGR) of 8.7%.
• By 2029, it is anticipated to further expand to $15.51 billion, driven by rising interests in electric and hybrid aircraft, urban air mobility, remote and unmanned aircraft, space tourism and exploration, green aviation initiatives.
• Major trends in the forecast period include technological advancements, electro-mechanical braking, advanced friction materials, wireless brake monitoring, advanced anti-skid technology.
What Is Driving The Growth In The Aircraft Brake System Market?
The surge in both commercial and defense aircraft fleets is a prime driver for the aircraft brake system market. An increase in the number of airplanes operated, or the fleet size, necessitates the installation of more braking systems and the replacement of existing ones. As per Boeing's commercial market outlook 2021-2040, the global commercial fleet is slated to exceed 49,000 airplanes by 2040. Consequently, the aircraft brake system market is poised for robust growth, fuelled by the escalating fleet size of commercial and defense aircraft.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=5713&type=smp
Who Are the Key Players Driving Aircraft Brake System Market Growth?
The market landscape hosts several prominent players such as:
• Honeywell International Inc.
• Safran Landing Systems
• Raytheon Technologies Corporation
• Parker-Hannifin Corporation
• Crane Aerospace & Electronics
• Beringer Aero (subsidiary of Beringer SAS)
• MATCO Manufacturing Inc.
• Grove Aircraft Landing Gear Systems Inc.
• Jay-Em Aerospace & Machine Inc.
• Bauer Inc.
• Nasco Aircraft Brake Inc.
• AAR Corp.
• Lufthansa Technik AG
• UTC Aerospace Systems
• Dunlop Aircraft Tyres Ltd.
• Goodyear Aviation
• Michelin Aircraft Tire Company LLC
• Aircraft Braking Systems Corporation
• Carlisle Companies Incorporated
• Rapco Fleet Support Inc.
• SGL Carbon SE
• Wilwood Engineering Inc.
• Brembo S.p.A.
• Hindustan Aeronautics Limited
• Magellan Aerospace Corporation
• Meggitt Aircraft Braking Systems Corporation
What Are The Key Trends In The Aircraft Brake System Market?
Driving the aircraft brake system market are trends like:
• Technological advancements
• Electro-mechanical braking
• Advanced friction materials
• Wireless brake monitoring
• Advanced anti-skid technology
What Are The Segments Of The Global Aircraft Brake System Market?
The aircraft brake system market encompasses several segments:
1) By Component: Braking System Components, Brakes, Wheels
2) By Actuation: Power Brake, Boosted Brake, Independent Brake
3) By Brake Type: Carbon Breaks, Steel Breaks, Others
4) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles
5) By End-User: Commercial Aircraft, Defense Aircraft
Which Region Leads The Aircraft Brake System Market?
In 2024, North America led the global aircraft brake system market and is expected to maintain its fastest-growing region status in the forecast period. Alongside, the report offers comprehensive insights into other regions such as Asia-Pacific, Western Europe, Eastern Europe, South America, the Middle East, and Africa.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/aircraft-brake-system-global-market-report
What Is Covered In The Aircraft Brake System Market Global Market Report?
- Market Size Analysis: Analyze the Aircraft Brake System Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Aircraft Brake System Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Aircraft Brake System Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Aircraft Brake System Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=5713&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 Global Aircraft Brake System Market: Unprecedented Growth, Key Players, and Emerging Trends here
News-ID: 3810800 • Views: …
More Releases from The Business research company
Key Drivers Reshaping the Purvalanol A (CDK Inhibitor) Market: Increasing Preval …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Purvalanol A (CDK Inhibitor) Market Size Growth Forecast: What to Expect by 2025?
The market size for purvalanol A (CDK inhibitor) has witnessed a substantial expansion in the past few years. It is projected to escalate from $0.58 billion in 2024 to $0.64 billion in 2025, with a compound…
Growing Emphasis On Personalized Medicine Driving The Market Due To Advances In …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Polygenic Risk Score Services Market Size Growth Forecast: What to Expect by 2025?
The market size for polygenic risk score services has seen considerable growth in recent years. Anticipated to increase from $1.24 billion in 2024 to $1.45 billion in 2025, it projects a compound annual growth rate (CAGR)…
Future of the Global Pharmaceutical Unit-Dose Packaging Market: Trends, Innovati …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Pharmaceutical Unit-Dose Packaging Market Size Growth Forecast: What to Expect by 2025?
The market size of the pharmaceutical unit-dose packaging industry has experienced quick expansion in the recent past. The market, valued at $48.78 billion in 2024, is projected to rise to $54.50 billion in 2025, reflecting a compound…
Personal Care Product Testing Market Poised to Hit $10.37 Billion by 2029 with A …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Personal Care Product Testing Market Size Growth Forecast: What to Expect by 2025?
In the past few years, the market size for personal care product testing has seen robust growth. It's projected to increase from $7.28 billion in 2024 to $7.84 billion in 2025, with a compound annual growth…
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…
