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2021
Aircraft Brake System Market

Aircraft Brake System Market by Aircraft Type (Fixed Wing and Rotary Wing), Actuation (Power Brake, Boosted Brake, and Independent Brake), and Distribution (OEM and Replacement): Global Opportunity Analysis and Industry Forecast, 2021–2030

A06199
Pages: 248
Oct 2021 | 3043 Views
   
Author(s) : Himanshu Joshi , Sonia Mutreja
Tables: 105
Charts: 64
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in 2030, registering a CAGR of 5.2%.    

The rapid spread of COVID-19 had a significant impact on the global aircraft brake system market in 2020, owing to the implementation of strict lockdown measures, and the disruption in the supply chain of required materials across the world. COVID-19 pandemic led to several challenges for the aircraft brake system industry including logistics challenges, supply-demand gap, among others. On the other hand, the aircraft brake system manufacturers had to reduce expansion and R&D investments to withstand the decline in revenue and operating performance of the airline industry. The challenges in the installation of aircraft brake systems for fixed-wing and rotary-wing aircraft were observed throughout the year, and are expected to continue for a few years.

The aircraft brake system is used for slowing or stopping the motion of the aircraft. Aircraft brakes are disc and are hydraulically or pneumatically operated. Multiple types of aircraft brake systems have been designed, for instance, single disc, dual disc, multiple disc, and rotor-disc brakes. A properly designed aircraft brake can withstand various unfavorable conditions, and prevent the plane from running at accidental speeds. The introduction of aircraft brake systems necessitates extensive engineering and computation. Majority of aircraft brake systems are made as per fixed standards. Aircraft tire standards are governed by global agencies such as the Federal Aviation Administration (FAA). 

Aircraft-Brake-System-Market-2021-2030

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The global aircraft brake market segmentation is based on aircraft type, actuation, distribution, and region. Depending on type, the market is divided into fixed wing and rotary wing. On the basis of actuation, it is segregated into power brake, boosted brake, and independent brake. By distribution, it is bifurcated into OEM and replacement. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global aircraft brake system market include AAR Corp., Beringer Aero, Collins Aerospace, Crane Co., Honeywell International Inc., Lufthansa Technik AG, Meggitt PLC, Parker-Hannifin Corporation, Safran, and the Carlyle Johnson Machine Company. 

Increase in air passenger traffic across the globe

The growth of the global aircraft brake system market is majorly driven by increase in air passenger traffic. According to the International Civil Aviation Organization’s (ICAO) yearly worldwide statistics, the total number of commuters carried on scheduled flights reached 4.38 billion in 2019, which was 3.65% higher than the previous year. The highest passenger traffic was witnessed in Asia-Pacific. In October 2018, the International Air Transport Association (IATA) publicized that the current developments in air transport projects that the passenger count could double to 8.2 billion by 2037. The outbreak of the COVID-19 pandemic led to a severe downfall in air traffic figures, although recently, in May 2021, the International Air Transport Association (IATA) stated that the global air passenger traffic is anticipated to recover to almost 88% of pre-COVID levels during 2022, and is projected to outdo this level by 2023. This signifies a robust demand for air travel across the globe.

The abovementioned statistics suggest a rise in air passenger traffic over the years internationally.  This rise would result in a significant surge in demand for new airplanes throughout the world, which would directly impact the sales of aircraft brake systems. Hence, rise in air traffic is anticipated to drive the growth of the aircraft brake system market during the forecast period.

Aircraft Brake System Market
By Aircarft Type

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Fixed Wing is projected as the most lucrative segments

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Rise in operations in commercial aviation industry

The commercial aviation industry consists of two segments, passenger aircraft and cargo aircraft. In recent years, both segments have performed well and has witnessed rapid rise in operations, which boosted the growth of the global commercial aircraft industry. With globally rising air passenger traffic, the industry has witnessed significantly growth.  However, the unprecedented occurrence of COVID-19 pandemic has affected the industry in terms of revenue growth.

Key aviation players around the world are finding ways to make aviation sector safer and reliable. Hence, rapid development has been witnessed in the commercial aircraft industry in the recent years. According to Boeing’s Commercial Market Outlook (CMO) 2020–2039, the 2021 CMO reflects that the global Aircraft Brake System market is recovering rapidly. Surge in demand for domestic air travel is responsible for the recovery of the airliner industry amid ongoing COVID-19 pandemic, and intra-regional markets are expected to open with full capacity, as health and travel restrictions ease, followed by return to pre-pandemic levels by 2023 to 2024 with respect to long-haul travel scenario. It mentions that in long term, market fundamentals and resilience will drive the demand for more than 43,500 new airplanes valued at $7.2 trillion by 2040. Thus, all these factors collectively are expected to fuel the growth of the aircraft braking system market during the forecast period.

Aircraft Brake System Market
By Actuation

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Power Brake is projected as the most lucrative segments

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Stringent regulatory environment pertaining to aircraft safety

Stringent regulations have been implemented pertaining to passenger and aircraft safety. As a result, the aviation industry has regulatory obligations and continues to modify them to attain the optimum safety standard for the aviation industry's safety and improvement. Thus, aircraft baking system makers have to design new products to meet these requirements. One of these regulatory criteria is related with the replacement of steel brakes with carbon brakes; as a result, the maintenance services provided by the key actors in the aircraft braking system operate as a vital service to comply with the industry's safety and regulatory standards. 

One of the major regulations by the Federal Aviation Administration, which gives mandates regarding the operation of aircraft brakes under section 25.375 of the aviation regulations, involves various tests and certifications of that major component manufacturers of the braking system have to follow. According to the regulation, each assembly consisting of a wheel(s) and brake(s) must be approved. The brake system, associated systems, and components must be designed and constructed in such a way that if any electrical, pneumatic, hydraulic, or mechanical connecting or transmitting element fails, or if any single source of hydraulic or other brake operating energy supply is lost, it is possible to bring the airplane to rest with a braked roll stopping distance of not more than two times that obtained in determining the landing distance as prescribed under the standards as mentioned in the regulation. The regulation consists of various standards and stringent requirements to be met by aircraft brake manufacturers. Such regulations are expected to limit the growth of the aircraft braking system market during the forecast period.

Aircraft Brake System Market
By Distribution

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OEM is projected as the most lucrative segments

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Implementation of advanced technology

Increase in air passenger traffic in recent years has propelled the demand for aircraft worldwide. In addition, airlines all over the world are ordering new planes equipped with cutting-edge technology. The aircraft industry is developing airplanes with advanced systems and components to suit the demand from airlines. With rise in demand for airplanes, the demand for aircraft brake systems will increase correspondingly.

As a result of surge in demand for technological upgrades in existing airplane brake systems, the aircraft braking system market is expected to grow significantly over the years. Furthermore, as brakes have to operate under harsh settings, the risks of brake material degradation due to corrosion increases, which presents prospects for the aftermarket companies. Another important factor driving the market for aircraft braking systems is the R&D for making lighter aircraft brake systems. These factors are expected to bolster the growth of the global aircraft braking system market during the forecast period.

Aircraft Brake System Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 6.5% during 2021-2030.

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COVID-19 Impact Analysis 

  • The COVID impact on the aircraft brake system market is unpredictable and it is expected to remain in force till the second quarter of the 2021. 
  • The COVID-19 outbreak forced the governments to impose strict lockdown measures that resulted in flight cancellations and ban on e-commerce services, which led to massive decline in commercial aviation and logistics activities across the world. 
  • Moreover, the lockdowns disrupted the supply chain, as several manufacturing facilities across the globe had to partially or fully shut down their operations.
  • The adverse impacts of the COVID-19 pandemic resulted in huge supply–demand issues and resulted in long delays in the activities of aircraft brake system operations globally.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global aircraft brake system market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall aircraft brake system market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global aircraft brake system market with a detailed impact analysis.
  • The current aircraft brake system market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Aircraft Type

  • Fixed Wing
  • Rotary Wing

By Actuation

  • Power Brake
  • Boosted Brake
  • Independent Brake

By Distribution

  • OEM
  • Replacement    

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • AAR Corp.
  • Beringer Aero
  • Collins Aerospace
  • Crane Co.
  • Honeywell International Inc.
  • Lufthansa Technik AG
  • Meggitt PLC
  • Parker-Hannifin Corporation
  • Safran
  • The Carlyle Johnson Machine Company
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Key player positioning, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in air passenger traffic across the globe
3.5.1.2.Increase in operations in the commercial aviation

3.5.2.Restraints

3.5.2.1.Stringent regulatory environment

3.5.3.Opportunities

3.5.3.1.Implementation of advanced technology

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreak
3.6.2.Micro economic impact analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-economic impact analysis

3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index

3.6.4.Impact on the aircraft brake system industry

CHAPTER 4:AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE

4.1.Overview
4.2.Fixed wing

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Rotary wing

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION

5.1.Overview
5.2.Power brake

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Boosted brake

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Independent brake

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION

6.1.Overview
6.2.OEM

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region

6.2.3.Market analysis, by country

6.3.Replacement

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:AIRCRAFT BRAKE SYSTEM MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by aircraft type
7.2.3.Market size and forecast, by actuation
7.2.4.Market size and forecast, by distribution
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by aircraft type
7.2.5.1.2.Market size and forecast, by actuation
7.2.5.1.3.Market size and forecast, by distribution

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by aircraft type
7.2.5.2.2.Market size and forecast, by actuation
7.2.5.2.3.Market size and forecast, by distribution

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by aircraft type
7.2.5.3.2.Market size and forecast, by actuation
7.2.5.3.3.Market size and forecast, by distribution

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by aircraft type
7.3.3.Market size and forecast, by actuation
7.3.4.Market size and forecast, by distribution
7.3.5.Market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by aircraft type
7.3.5.1.2.Market size and forecast, by actuation
7.3.5.1.3.Market size and forecast, by distribution

7.3.5.2.UK

7.3.5.2.1.Market size and forecast, by aircraft type
7.3.5.2.2.Market size and forecast, by actuation
7.3.5.2.3.Market size and forecast, by distribution

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by aircraft type
7.3.5.3.2.Market size and forecast, by actuation
7.3.5.3.3.Market size and forecast, by distribution

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by aircraft type
7.3.5.4.2.Market size and forecast, by actuation
7.3.5.4.3.Market size and forecast, by distribution

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by aircraft type
7.3.5.5.2.Market size and forecast, by actuation
7.3.5.5.3.Market size and forecast, by distribution

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by aircraft type
7.4.3.Market size and forecast, by actuation
7.4.4.Market size and forecast, by distribution
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by aircraft type
7.4.5.1.2.Market size and forecast, by actuation
7.4.5.1.3.Market size and forecast, by distribution

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by aircraft type
7.4.5.2.2.Market size and forecast, by actuation
7.4.5.2.3.Market size and forecast, by distribution

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by aircraft type
7.4.5.3.2.Market size and forecast, by actuation
7.4.5.3.3.Market size and forecast, by distribution

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by aircraft type
7.4.5.4.2.Market size and forecast, by actuation
7.4.5.4.3.Market size and forecast, by distribution

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by aircraft type
7.4.5.5.2.Market size and forecast, by actuation
7.4.5.5.3.Market size and forecast, by distribution

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by aircraft type
7.5.3.Market size and forecast, by actuation
7.5.4.Market size and forecast, by distribution
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by aircraft type
7.5.5.1.2.Market size and forecast, by actuation
7.5.5.1.3.Market size and forecast, by distribution

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by aircraft type
7.5.5.2.2.Market size and forecast, by actuation
7.5.5.2.3.Market size and forecast, by distribution

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by aircraft type
7.5.5.3.2.Market size and forecast, by actuation
7.5.5.3.3.Market size and forecast, by distribution

CHAPTER 8:COMPANY PROFILES

8.1.AAR CORP.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Product portfolio
8.1.4.Business performance
8.1.5.Key strategic moves and developments

8.2.BERINGER AERO

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio

8.3.COLLINS AEROSPACE (Subsidiary of Raytheon Technologies Corporation)

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Operating business segments
8.3.4.Product portfolio
8.3.5.Business performance
8.3.6.Key strategic moves and developments

8.4.CRANE CO.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.HONEYWELL INTERNATIONAL INC.

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.LUFTHANSA TECHNIK AG

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Business performance
8.6.5.Key strategic moves and developments

8.7.MEGGITT PLC

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance
8.7.6.Key strategic moves and developments

8.8.PARKER HANNIFIN CORP

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Operating business segments
8.8.4.Product portfolio
8.8.5.Business performance
8.8.6.Key strategic moves and developments

8.9.SAFRAN

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.THE CARLYLE JOHNSON MACHINE COMPANY

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio

LIST OF TABLES

TABLE 01.AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 02.AIRCRAFT BRAKE SYSTEM MARKET FOR FIXED WING, BY REGION 2020–2030 ($MILLION)
TABLE 03.AIRCRAFT BRAKE SYSTEM MARKET FOR ROTARY WING, BY REGION 2020–2030 ($MILLION)
TABLE 04.AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 05.AIRCRAFT BRAKE SYSTEM MARKET FOR POWER BRAKE, BY REGION 2020–2030 ($MILLION)
TABLE 06.AIRCRAFT BRAKE SYSTEM MARKET FOR BOOSTED BRAKE, BY REGION 2020–2030 ($MILLION)
TABLE 07.AIRCRAFT BRAKE SYSTEM MARKET FOR INDEPENDENT BRAKE, BY REGION 2020–2030 ($MILLION)
TABLE 08.AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 09.AIRCRAFT BRAKE SYSTEM MARKET FOR OEM, BY REGION 2020–2030 ($MILLION)
TABLE 10.AIRCRAFT BRAKE SYSTEM MARKET FOR REPLACEMENT, BY REGION 2020–2030 ($MILLION)
TABLE 11.AIRCRAFT BRAKE SYSTEM MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 12.NORTH AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 13.NORTH AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 14.NORTH AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 15.U.S. AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 16.U.S. AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 17.U.S. AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 18.CANADA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 19.CANADA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 20.CANADA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 21.MEXICO AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 22.MEXICO AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 23.MEXICO AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 24.EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 25.EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 26.EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 27.GERMANY AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 28.GERMANY AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 29.GERMANY AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 30.UK AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 31.UK AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 32.UK AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 33.FRANCE AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 34.FRANCE AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 35.FRANCE AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 36.RUSSIA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 37.RUSSIA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 38.RUSSIA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 39.REST OF EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 42.ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 43.ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 45.CHINA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 46.CHINA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 47.CHINA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 48.JAPAN AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 49.JAPAN AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 50.JAPAN AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 51.INDIA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 52.INDIA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 53.INDIA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 54.SOUTH KOREA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 55.SOUTH KOREA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 56.SOUTH KOREA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 57.REST OF ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 58.REST OF ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 60.LAMEA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 61.LAMEA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 62.LAMEA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 63.LATIN AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 64.LATIN AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 65.LATIN AMERICA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 66.MIDDLE EAST AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 67.MIDDLE EAST AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 68.MIDDLE EAST AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 69.AFRICA AIRCRAFT BRAKE SYSTEM MARKET, BY AIRCRAFT TYPE, 2020–2030 ($MILLION)
TABLE 70.AFRICA AIRCRAFT BRAKE SYSTEM MARKET, BY ACTUATION, 2020–2030 ($MILLION)
TABLE 71.AFRICA AIRCRAFT BRAKE SYSTEM MARKET, BY DISTRIBUTION, 2020–2030 ($MILLION)
TABLE 72.AAR CORP.: COMPANY SNAPSHOT
TABLE 73.AAR CORP.: PRODUCT PORTFOLIO
TABLE 74.AAR CORP.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 75.BERINGER AERO: COMPANY SNAPSHOT
TABLE 76.BERINGER AERO: PRODUCT PORTFOLIO
TABLE 77.COLLINS AEROSPACE: COMPANY SNAPSHOT
TABLE 78.COLLINS AEROSPACE: OPERATING SEGMENTS
TABLE 79.COLLINS AEROSPACE: PRODUCT PORTFOLIO
TABLE 80.COLLINS AEROSPACE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 81.CRANE CO.: COMPANY SNAPSHOT
TABLE 82.CRANE CO.: OPERATING SEGMENTS
TABLE 83.CRANE CO.: PRODUCT PORTFOLIO
TABLE 84.CRANE CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 85.HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 86.HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS
TABLE 87.HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO
TABLE 88.HONEYWELL INTERNATIONAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 89.LUFTHANSA TECHNIK AG: COMPANY SNAPSHOT
TABLE 90.LUFTHANSA TECHNIK AG: PRODUCT PORTFOLIO
TABLE 91.LUFTHANSA TECHNIK AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 92.MEGGITT PLC: COMPANY SNAPSHOT
TABLE 93.MEGGITT PLC: OPERATING SEGMENTS
TABLE 94.MEGGITT PLC: PRODUCT PORTFOLIO
TABLE 95.MEGGITT PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 96.PARKER HANNIFIN CORP: COMPANY SNAPSHOT
TABLE 97.PARKER HANNIFIN CORP: OPERATING SEGMENTS
TABLE 98.PARKER HANNIFIN CORP: PRODUCT PORTFOLIO
TABLE 99.PARKER HANNIFIN CORP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100.SAFRAN: COMPANY SNAPSHOT
TABLE 101.SAFRAN: OPERATING SEGMENTS
TABLE 102.SAFRAN: PRODUCT PORTFOLIO
TABLE 103.SAFRAN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 104.THE CARLYLE JOHNSON MACHINE COMPANY: COMPANY SNAPSHOT
TABLE 105.THE CARLYLE JOHNSON MACHINE COMPANY: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 12.LOW-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.LOW-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.KEY PLAYER POSITIONING (2020)
FIGURE 15.AIRCRAFT BRAKE SYSTEM MARKET SHARE, BY AIRCRAFT TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR FIXED WING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR ROTARY WING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.AIRCRAFT BRAKE SYSTEM MARKET SHARE, BY ACTUATION, 2020–2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR POWER BRAKE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR BOOSTED BRAKE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR INDEPENDENT BRAKE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 22.AIRCRAFT BRAKE SYSTEM MARKET SHARE, BY DISTRIBUTION, 2020–2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR OEM, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET FOR REPLACEMENT, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.AIRCRAFT BRAKE SYSTEM MARKET, BY REGION, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 27.U.S. AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 28.CANADA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 29.MEXICO AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 31.GERMANY AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 32.UK AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 33.FRANCE AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 34.RUSSIA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 35.REST OF EUROPE AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 36.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 37.CHINA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 38.JAPAN AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 39.INDIA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 40.SOUTH KOREA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 41.REST OF ASIA-PACIFIC AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 42.COMPARATIVE SHARE ANALYSIS OF AIRCRAFT BRAKE SYSTEM MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 43.LATIN AMERICA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 44.MIDDLE EAST AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 45.AFRICA AIRCRAFT BRAKE SYSTEM MARKET, 2020–2030 ($MILLION)
FIGURE 46.AAR CORP.: REVENUE, 2018–2020 ($MILLION)
FIGURE 47.COLLINS AEROSPACE: REVENUE, 2018–2020 ($MILLION)
FIGURE 48.COLLINS AEROSPACE: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 49.COLLINS AEROSPACE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 50.CRANE CO.: REVENUE, 2018–2020 ($MILLION)
FIGURE 51.CRANE CO.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 52.CRANE CO.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 53.HONEYWELL INTERNATIONAL INC.: REVENUE, 2018–2020 ($MILLION)
FIGURE 54.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 55.HONEYWELL INTERNATIONAL INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 56.LUFTHANSA TECHNIK AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 57.MEGGITT PLC: NET SALES, 2018–2020 ($MILLION)
FIGURE 58.MEGGITT PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 59.MEGGITT PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 60.PARKER HANNIFIN CORP: REVENUE, 2018–2020 ($MILLION)
FIGURE 61.PARKER HANNIFIN CORP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 62.PARKER HANNIFIN CORP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 63.SAFRAN: REVENUE, 2018–2020 ($MILLION)
FIGURE 64.SAFRAN: REVENUE SHARE BY SEGMENT, 2020 (%)

 
 

The global aircraft brake system market is expected to witness significant growth, due to surge in air traffic along with implementation of safety improvement initiatives, making aircraft brake system more reliable, efficient, and durable.

Increase in air passenger traffic across the globe and increase in operations in the commercial aviation are expected to drive the aircraft brake system market during the forecast period. However, stringent regulatory environment is one of the major factors that are anticipated to hamper the growth of the market. On the contrary, implementation of advanced technology is expected to offer lucrative opportunities for the market in future.

To gain a fair share of the market, major players adopted different strategies, for instance, contract, agreement, business expansion, product development, and partnership. Among these, contract and agreement are the leading strategies used by the prominent players such as AAR Corp., Collins Aerospace, Crane Co., Meggitt PLC, and Safran. Aforementioned companies signed contracts with the private and defense agencies seeking to expand their business.

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A. By actuation, aircraft brake system is classified into power brake, boosted brake, and independent brake

A. The global aircraft brake system market valued at $10.52 billion in 2020, and is projected to reach $16.95 billion by 2030, registering a CAGR of 5.2% from 2021 to 2030.

A. The report sample for global aircraft brake system market report can be obtained on demand from the website.

A. Development of lighter aircraft brake systems without compromising on safety

A. Driven by factors such as increase in air passenger traffic across the globe, and increase in operations in the commercial aviation, the aircraft brake system market is expected to grow steadily during the forecast period

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. By actuation, the power brake segment is expected to gain traction during the forecast period

A. The U.S. and China are key matured markets growing in the global aircraft brake system market

A. Implementation of advanced technology in making cutting-edge aircraft brake systems and stringent regulatory environment

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