Global Aircraft Braking System Market Forecast to 2030
Emergen Research has recently added a new report titled Global Aircraft Braking System Market that provides an extensive analysis of the Aircraft Braking System market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Aircraft Braking System market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.
The market for aircraft braking systems was valued at USD 10.90 billion in 2021 and is anticipated to grow at a revenue CAGR of 3.6% during the following five years. Increased manufacturing of aircraft as a result of an increase in global air traffic are the main drivers driving market revenue growth. Other important aspects include increased attention on improved safety of an aeroplane during ground operations, such as landing, takeoff, and taxiing. During the landing roll on the runway, the aircraft's braking system is employed to slow it down. It is essential for ground operations like taxiing, landing, and takeoff in order to maintain an aircraft's safety and directional control.
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Research Report on the Aircraft Braking System Market Addresses the Following Key Questions:
- Who are the dominant players of the Aircraft Braking System market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Aircraft Braking System market?
- What are the key growth drivers and restraining factors of the Aircraft Braking System market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Aircraft Braking System market and its key segments?
Market Overview:
The report bifurcates the Aircraft Braking System market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Component Outlook (Revenue, USD Million; 2019–2030)
- Wheels
- Brake Discs
- Brake Housing
- Valves
- Actuators
- Accumulator
- Electronics
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Actuation Outlook (Revenue, USD Million; 2019–2030)
- Power Brake
- Boosted Brake
- Independent Brake
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Aircraft Type Outlook (Revenue, USD Million; 2019–2030)
- Fixed Wing
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Regional Landscape section of the Aircraft Braking System report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aircraft Braking System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Safran, Honeywell International, Inc., Meggitt PLC., Collins Aerospace, Beringer Aero, Jay-Em Aerospace , Grove Aircraft Braking system Systems Inc., Parker-Hannifin Corp, Crane Holdings, Co., and Matco MFG
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