Aircraft Braking System Market Statistics, Forecast Report | Revenue, Demand and Trend Analysis Research Report by 2030

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.

The Aircraft Braking System Market objectives to provide a determining examination of the market competition to help the user make a pivotal business analysis. The complete portfolios of the key companies, including their production capacity, revenue share and size, gross margin, sales revenue and margin, growth rate, along with their business strategies and technological developments, have been discussed in the report. The companies operating in the market and profiled in the report include

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Competitive Terrain:

The global Aircraft Braking System industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed 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

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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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.

Segments Covered in this report are:

Component Outlook (Revenue, USD Million; 2019–2030)

Wheels
Brake Discs
Brake Housing
Valves
Actuators
Accumulator
Electronics

Actuation Outlook (Revenue, USD Million; 2019–2030)

Power Brake
Boosted Brake
Independent Brake

Aircraft Type Outlook (Revenue, USD Million; 2019–2030)

Fixed Wing

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market.

Regional Analysis Covers:

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)

Key Points Covered in This Section:

Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate

Key Objectives of the Report:

Analysis and estimation of the Aircraft Braking System Market size and share for the projected period of 2020-2027
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Aircraft Braking System Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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