As the name suggests, an aircraft braking system aides in stopping an aircraft or a helicopter while it is on the land. It is the only aircraft system without built-in redundancy. Braking is a crucial component during ground operations such as landing and engine start-up. A typical braking system consists of the brakes, wheels, and the braking control element.
Increase in air-traffic, rise in commercial & defense aircraft investment, surge in manufacturing capabilities of the leading aircraft manufacturers are the main drivers of the global aircraft braking systems market. The increase in consumer preference for air travel is driving aircraft companies to expand their aircraft fleet. However, stringent government regulations on the air-traffic is expected to hamper the growth of the global aircraft braking systems market.
Nevertheless, the technological advancements in the braking systems are forcing aircraft manufacturers to replace the old braking systems with new and updated ones. This is anticipated to propel the market growth. Moreover, rise in demand for military-grade drones, owing to its cheap and safe operation compared to manned aircrafts is expected to offer a fresh opportunity to the aircraft braking system market growth.
This reports segments the global aircraft braking system market into component, type of brake, fit, and endusers. Component-wise the market is classified into brakes, wheels, and brake control element. The brake control element consists of all the components that aid in braking. They include sensors, transducers, actuators, and valves. By type of braking, the market is categorized into electric, carbon and steel brakes. By fit, the market is bifurcated into line-fit and retrofit. The report also identifies and analyzes the market on the basis of end users of the aircraft braking system which covers commercial aviation industry and the defense sector. Commercial aviation uses these systems in their aircrafts, cargo jets, and helicopters; whereas in the defense the braking systems find their application in combat aircrafts, aircraft tankers, and helicopters. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players in the aircraft braking systems design, development, manufacturing, and services include Safran SA, UTC Aerospace Systems, Zodiac Aerospace, Honeywell International Inc., Meggitt PLC, Parker Hannifin Corp., United Technologies Corp., Crane Aerospace and Electronics, AAR Corporation, Beringer Aero, Lufthansa Technik AG, Jay-Em Aerospace, Inc., Grove Aircraft Landing Gear Systems Inc., Bauer, Inc., Beringer Aero, and Advent Aircraft Systems Inc..
Key Benefits For Stakeholders:
• The aircraft braking system market size has been analyzed across all regions
• Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
• The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
• Major countries in the region have been mapped according to their individual revenue contribution to the regional aircraft braking system market
• The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study
• The market analysis covers in-depth information of the global aircraft braking system industry share of participants
Key Market Segments
By Component
• Brakes
• Wheels
• Brake Control Element
By Type of Brake
• Electric Brake
• Carbon Brake
• Steel Brake
By Fit
• Line-fit
• Retrofit
By End User
• Commercial
• Defense
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Key Player
• Safran SA
• UTC Aerospace Systems
• Zodiac Aerospace
• Honeywell International Inc.,
• Meggitt PLC
• Parker Hannifin Corp.,
• United Technologies Corp.
• Crane Aerospace and Electronics
• AAR Corporation
• Beringer Aero
• Lufthansa Technik AG
• Jay-Em Aerospace, Inc.
• Grove Aircraft Landing Gear Systems Inc.
• Bauer, Inc.
• Beringer Aero
• Advent Aircraft Systems Inc.