Aircraft Braking System Market - By Component (Wheels, Brake Discs, Brake Housing, Valves, Actuators, Accumulator, Electronics), By Actuation, By Aircraft Type, By End-use Industry & Forecast, 2023

Description

List of Tables

Aircraft braking system market size is projected to expand at over 4% CAGR from 2023 to 2032. The increasing global air passenger traffic and the growing fleet of commercial and military aircraft is driving the demand for advanced and efficient braking systems. In recent years, the influx of stringent safety regulations and the need for enhanced performance are fueling innovations in aircraft braking technology. For instance, in October 2021, Safran Landing Systems introduced Landing Life, a unified brand for promoting and simplifying its comprehensive range of customer support services for landing gears, wheels, brakes, and related systems.

Additionally, the rising trend of lightweight materials in aerospace components, including braking systems is leading to improved fuel efficiency and overall aircraft performance. The expansion of the aviation industry in emerging economies is making way for the continual modernization of existing aircraft fleets. The pursuit of eco-friendly technologies and the development of electric braking systems will also compliment the industry growth.

The aircraft braking system market is segregated into component, actuation, aircraft type, end-use industry, and region.

Based on aircraft type, the industry share from the unmanned aerial vehicles segment is projected to rise at over 5% CAGR from 2023 to 2032. This is ascribed to the increasing adoption of unmanned aerial vehicles (UAVs) for surveillance, reconnaissance, and logistic applications. Furthermore, the demand for reliable and efficient braking systems will increase with the rising induction of UAVs for military and commercial operations.

Aircraft braking system industry share from the power brake system segment is projected to increase at over 3.5% CAGR during 2023-2032. Power brake systems offer superior control and responsiveness for enhancing the safety and efficiency in aircraft operations. The increasing focus on high-performance aircraft and the influx of stringent safety standards will fuel the product demand.

Regionally, the Asia Pacific aircraft braking system industry is expected to depict over 5% CAGR from 2023 to 2032. The growing fleet size, burgeoning modernization efforts, and the emergence of low-cost carriers will fuel the demand for advanced and reliable braking systems in the region. Additionally, the rise in stringent safety regulations and the higher integration of innovative technologies will also boost the regional market expansion.

Product Code: 5100

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Aircraft braking system market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2023-2032
2.3 Regional trends
2.4 Component trends
2.5 Actuation trends
2.6 Aircraft type trends
2.7 End-use trends

Chapter 3 Aircraft Braking System Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing operations in commercial aircraft industry
  - 3.10.1.2 Technological improvements in aircraft braking component
  - 3.10.1.3 Growth of unmanned aerial vehicles industry
  - 3.10.1.4 Increasing demand for air travel.
  - 3.10.1.5 Expanding fleets to meet rising travel demands
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Long life of aircraft landing gears
  - 3.10.2.2 Manufacturing challenges.
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Beringer Aero
- 4.3.2 Collins Aerospace
- 4.3.3 Crane Co.
- 4.3.4 Honeywell International Inc.
- 4.3.5 Meggitt PLC
- 4.3.6 Parker-Hannifin Corporation
- 4.3.7 Safran
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Aircraft Braking System Market Estimates and Forecast, By Component (USD Million)

5.1 Key trends, by component
5.2 Wheels
5.3 Brake Discs
5.4 Brake Housing
5.5 Valves
5.6 Actuators
5.7 Accumulator
5.8 Electronics

Chapter 6 Aircraft Braking System Market Estimates and Forecast, By Actuation (USD Million)

6.1 Key trends, by actuation
6.2 Independent brake systems
6.3 Boosted brake systems
6.4 Power brake systems

Chapter 7 Aircraft Braking System Market Estimates and Forecast, By Aircraft type (USD Million)

7.1 Key trends, by aircraft type
7.2 Fixed-wing
7.3 Rotary-wing
7.4 Unmanned aerial vehicles
7.5 Advanced air mobility

Chapter 8 Aircraft Braking System Market Estimates and Forecast, By End-use (USD Million)

8.1 Key trends, by end-use
8.2 OEM
8.3 Aftermarket

Chapter 9 Aircraft Braking System Market Estimates and Forecast, By Region (USD Million)

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 UK
- 9.3.2 Germany
- 9.3.3 France
- 9.3.4 Italy
- 9.3.5 Spain
- 9.3.6 Rest of Europe
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 India
- 9.4.3 Japan
- 9.4.4 South Korea
- 9.4.5 ANZ
- 9.4.6 Rest of Asia Pacific
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Rest of Latin America
9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- 9.6.4 Rest of MEA

Chapter 10 Company Profiles (Business Overview, Financial Overview, Product Landscape, Strategic Outlook, SWOT Analysis)

10.1 AIRFRAMES ALASKA
10.2 BERINGER AERO
10.3 CARLYLE JOHNSON
10.4 COLLINS AEROSPACE
10.5 CRANE CO.
10.6 ELECTROID
10.7 GOLDFREN
10.8 GROVE AIRCRAFT LANDING GEAR SYSTEMS INC.
10.9 HONEYWELL INTERNATIONAL INC.
10.10 JAY-EM AEROSPACE
10.11 MATCO MFG.
10.12 MEGGit PLC
10.13 PARKER-HANNIFIN CORPORATION
10.14 SAFRAN
10.15 TACTAIR