Aerospace And Defense Braking Control System Report

Market Insights

The braking control system is an integral part of aircraft’s landing gear system. A braking control system facilitates the braking actions along with other important functions, such as antiskid, auto-brake, locked wheel, and touchdown protection. This system enhances the aircraft’s braking safety and efficiency. It also reduces the aircraft’s braking distance along with increasing the payload capacity. These systems can be installed with steel as well carbon brakes.

The global aerospace & defense braking control system market offers attractive opportunities over the next five years. The market is expected to grow at a healthy CAGR of >5% over the next five years to reach $742.6 million in 2025. Increasing deliveries of new commercial aircraft, rising global aircraft fleet, and advancement in the braking control system technology are some of the growth drivers of the global aerospace and defense braking control system market.

Segments' Analysis

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Aerospace and Defense Braking Control System Market Share by Aircraft Type

The Aerospace and defense braking control system market is segmented based on aircraft type: commercial aircraft, regional aircraft, general aviation, and military & other aircraft. Commercial aircraft has been the largest segment in the global braking control system market in the aerospace & defense industry and is forecasted to remain the largest segment over the next five years. In addition to that, the segment is also likely to witness the fastest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737, and expected entry of upcoming aircraft, such as Comac C919.     

Aerospace and Defense Braking Control System Market Share by End-Use Type

Aftermarket is expected to remain the largest user of the braking control system market in the global aerospace and defense industry over the next five years. The segment is also expected to be the highest growing segment during the forecast period. Both segments (OEM and aftermarket) are likely to experience an impressive growth in the foreseeable future.

Regional Insights

Based on region, the global aerospace and defense braking control system market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to remain the largest market in the global aerospace and defense braking control system market over the next five years whereas Asia-Pacific is likely to register the fastest growth in the market for the same period.

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Market Scope & Segmentation

The market is segmented in the following ways:

Aerospace and Defense Braking Control System Market Size, Share & Forecast by Aircraft Type:

• Commercial Aircraft
• Regional Aircraft
• General Aircraft
• Military and Other Aircraft

Aerospace and Defense Braking Control System Market Size, Share & Forecast by Product Type:

• Anti-skid Brake Control Systems
• Auto braking Brake Control Systems
• Brake-by-wire Brake Control Systems
• Other Brake Control Systems

Aerospace and Defense Braking Control System Market Size, Share & Forecast by End-Use Type:

• OEM
• Aftermarket

Aerospace and Defense Braking Control System Market Size, Share & Forecast by Region:

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Key Players

The leading manufacturers of aerospace & defense braking control system market capturing most of the total market share are-

• Safran group
• Crane Co. (Hydro-Aire)
• Meggitt (MABS) 

New product development, regional expansion, and long-term contacts are the key strategies adopted by the key players to gain a competitive edge in the market.

Research Methodology

For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

Report Features

This report, from Stratview Research, studies the braking control system market in the global aerospace and defense industry over the period 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3)
• SWOT analysis of key players (up to 3)

Market Segmentation

• Current market segmentation of any one of the aircraft type by product type 

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com