Stratview Research announces the addition of a new market research report on Global Aerospace and Defense Braking Control System Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military & Other Aircraft), By Product Type (Anti-skid Brake Control Systems, Auto Braking Brake Control Systems, Brake-by-wire Brake Control Systems and Other Braking Control Systems), 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 braking control system 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 Braking Control System Market: Highlights
Stratview Research foresees a strong growth of 5.9% (CAGR) in the aerospace and defense braking control system market in the next five years (2016 – 2021) to reach $694.1 million in 2021, which offers an opportunity to the aerospace and defense industry players to align themselves with the market growth.
There are several factors bolstering the growth of braking control system market in the aerospace and defense industry. The author of the industry report cited 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.
The author stated that 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.
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.
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.
Safran Group, Crane Co. (Hydro-Aire), Meggitt (MABS) are the leading manufacturers of aerospace & defense braking control system market capturing most of the total market share.
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.
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:
Avail free customization options which are listed in the link given below along with the detailed Table of Contents and Report Description.
Free customization options for market research report on aerospace and defense braking control system market.
About Stratview Research
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We have a strong team of industry veterans and analysts having an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy and Voice of Customer studies.
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