Aerospace And Defense Brakes Market Report
Aerospace and Defense Brakes Market is Segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), By Brake Type (Carbon Brake and Steel Brake), by Manufacturing Process (CVD/CVI, LPI, and Forged), by Raw Materials (PAN Fiber, Pitch Fiber, and Steel), by End Use (OEM and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace and Defense Brakes Market is Segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), By Brake Type (Carbon Brake and Steel Brake), by Manufacturing Process ...
Impact of COVID-19 on Aerospace And Defense Brakes Market
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Brakes are one of the most important components of an aircraft which help an aircraft to safely land, and take off. The brakes should operate and stop the aircraft in different operational environments. During landing, brakes are required to withstand, absorb, and safely dissipate very high amount of kinetic energy of the decelerating airplane and bring it to a safe halt. Increasing size of the commercial aircraft has led to increased demand for stronger brakes.
The global aerospace and defense brakes 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 brakes market.
Commercial aircraft is expected to remain growth engine of the global aerospace and defense brakes 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 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.
Trend & Forecast Period
5.0% CAGR During 2016-2021
North America, Europe, Asia-Pacific, Rest of the World
Figures & Tables
Up to 10% customization available free of cost
The aerospace and defense brakes market is segmented into the following categories.
The supply chain of this market comprises raw materials suppliers, brake manufacturers, distributors, Aircraft OEMs, and Airlines.
The key aerospace OEMs are-
and key airlines are-
The brakes market is a highly consolidated market. The key brakes manufactorers are-
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.
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This report, from Stratview Research, studies the aerospace and defense brakes market over the period 2010 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market. The following are the key features of the report:
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The aerospace & defense brakes market is expected to witness an impressive growth of 5.0% CAGR in the coming years.
Meggitt Aircraft Braking Systems, Honeywell Aerospace, Parker, Safran Landing Systems (Messier-Buggatti-Dowty), and UTC Aerospace Systems are among the key players in the aerospace & defense brakes market.
North America is expected to remain the largest aerospace & defense market during the forecast period.
Asia-pacific is expected to witness the highest growth in the aerospace & defense market in the coming years.
Commercial aircraft is expected to remain the growth engine in the aerospace & defense brakes market during the next five years.
Increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, increase in share of wide body aircraft are the factors driving the growth of aerospace & defense brakes market.
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