Press release
Top 10 Aircraft Wheels & Brakes Market Companies Analysis to 2031
The aircraft wheels & brakes market size is projected to reach US$ 15.40 billion by 2031 from US$ 8.22 billion in 2023. The market is expected to register a CAGR of 8.2% during 2023-2031. The rising adoption of electric brakes and fiber-reinforced plastic wheels is likely to remain a key trend in the market.Key segments that contributed to the derivation of the aircraft wheels & brakes market: analysis are component, fit type, and end user.
Based on component, the aircraft wheels & brakes market: is segmented into braking system, wheels, and brakes. The brakes segment held a larger market share in 2023.
Based on fit type, the aircraft wheels & brakes market: is segmented into line fit and retrofit. The retrofit segment held a larger market share in 2023.
Based on end user, the aircraft wheels & brakes market: is segmented into defense and commercial. The commercial segment held a larger market share in 2023.
Asia Pacific has dominated the market in 2023 followed by North America and Europe regions. Further, Asia Pacific is also likely to witness highest CAGR in the coming years. China dominated the Asia Pacific aircraft wheels & brakes market in 2023. The demand for wheels and brakes market in China is mainly driven by the demand generated from MRO operations for the large number of fleet. For instance, in 2024, the commercial aircraft fleet across China stood at 4,126 which is further likely to reach around 6,429 aircraft by 2034. Moreover, according to the Airbus forecasts, more than 9,000 aircraft are likely to be delivered across China during 2023 to 2042. Such factors are likely to generate new opportunities for market vendors in the coming years.
Download The Exclusive PDF @ https://www.theinsightpartners.com/sample/TIPRE00024462/?utm_source=OpenPR&utm_medium=10864
Key Companies:
• Beringer Aero
• Collins Aerospace
• Honeywell International Inc.
• Meggitt PLC
• Parker Hannifin Corporation
• Safran
• MATCO Manufacturing Inc
• JAY-Em Aerospace and Machine, Inc.
• Grove Aircraft Landing Gear System Inc
Contact Us:
Contact Person: Ankit Mathur
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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 Top 10 Aircraft Wheels & Brakes Market Companies Analysis to 2031 here
News-ID: 4049074 • Views: …
More Releases from The Insight Partners

Future of Clean Energy - Complete Guide (PDF)
With the mounting population and industrialization, the demand for energy is also rising at the global level. This has boosted the need for alternative energy sources, as traditional energy resources such as fossil fuels are directing to environmental pollution. Clean alternative options such as solar and wind curb immense carbon emissions and their negative impact on the environment and help balance the energy supply and demand. Thus, the rise in…

Mechanical Thrombectomy Devices Market Size, Demand, Share, Analysis with Focus …
An off-the-shelf report on Mechanical Thrombectomy Devices Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade…

Containment Piping System Market Size, Demand, Analytical Overview, Comprehensiv …
Containment Piping System Market study by "The Insight Partners" provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies' revenues. It concludes with precise and…

Nutraceuticals - An Ultimate PDF Guide
Consumers in developed and some developing countries are highly attracted to functional products, mainly on account of the added health and wellness benefits. Nutraceuticals are associated with various medicinal and health benefits, such as to improve the function of the immune system, boost gut health, and others. Rising healthcare costs, coupled with the increasing geriatric population across the world, propels the adoption of various nutraceuticals such as dietary supplements, functional…
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…