Stratview Research announces the launch of a new market research report on Global Aerospace and Defense Brakes Market 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), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021
This market report from Stratview Research studies the aerospace and defense brakes market over the period 2010 to 2021. The research 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 Global Aerospace and Defense Brakes Market: Highlights
Stratview Research foresees a strong growth of 5.0% (CAGR) in the aerospace and defense brakes market in the next five years (2016 – 2021), which offers an opportunity to the aerospace industry players to align themselves with the market growth.
There are a number of factors bolstering the growth of brakes market in aerospace and defense industry. The author of the industry report cited increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, and increase in share of wide body aircraft as the most prominent growth drivers of the global aerospace and defense brakes market.
Commercial aircraft is expected to be the growth engine of the brakes market
The author stated that the commercial aircraft segment is expected to remain the growth engine of the aerospace and defense brakes market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy growth 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 expected to be the dominant and Asia Pacific to be the fastest growing region
North America is expected to remain the largest market for brakes due to manufacturing base of the largest commercial OEM Boeing, and also due to increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.
High market consolidation
Our research findings suggested a high consolidation in the brakes market. The key brake manufacturers are Meggitt Aircraft Braking Systems, Honeywell Aerospace, Parker, Safran Landing Systems (Messier-Bugatti-Dowty), and UTC Aerospace Systems.
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.
This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research report:
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