Aerospace And Defense Wheel And Brake Market Report
Aerospace and Defense Wheel and Brake Market is Segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), by Product Type (Wheel, Carbon Brake, and Steel Brake), by End Use (OEM, Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace and Defense Wheel and Brake Market is Segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), by Product Type (Wheel, Carbon Brake, and Steel Brake), by End Use...
Impact of COVID-19 on Aerospace And Defense Wheel And Brake 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.
The global aerospace and defense wheel and brake market offers a good growth opportunity and is likely to grow at >5% CAGR during the forecast period of 2020 to 2025. 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 wheel and brake market.
Commercial aircraft is expected to remain growth engine of the global 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 global aerospace and defense brakes market due to their excellent performance.
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.
Trend & Forecast Period
>5% CAGR During 2020-2025
North America, Europe, Asia-Pacific, Rest of the World
Figures & Tables
Up to 10% customization available free of cost
The market is segmented in the following ways:
The supply chain of this market comprises raw material suppliers, wheel and brake manufacturers, distributors, Aircraft OEMs, and Airlines.
The key aerospace OEMs are-
and key airlines are-
The wheel and brake market is a highly consolidated market.
The key wheel and brake manufacturers 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 wheel and brake market over the period 2014 to 2025. 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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Driven by a number of factors like Increasing passenger traffic, increasing commercial aircraft deliveries, the aerospace & defense wheel and brake market is expected to witness an impressive growth of >5% CAGR During 2020-25.
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 wheel and brake market.
North America is expected to remain the largest market for aerospace & defense wheel and brake during the forecast period of 2020-25.
Commercial Aircraft is expected to remain dominant in the aerospace and defense wheel and brake market in the coming years.
The supply chain of aerospace & defense wheel and brake market comprises raw material suppliers, wheel and brake manufacturers, distributors, Aircraft OEMs, and Airlines.
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