PUBLISHER: The Business Research Company | PRODUCT CODE: 1760156
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760156
A large aircraft braking system is composed of a range of advanced components and technologies designed to reduce speed, stop, or maintain an aircraft's position after landing, during taxiing, or in emergency situations. This system is engineered to withstand the immense forces involved in decelerating an aircraft, ensuring safety, stability, and reliability across various operational conditions.
The key components of the large aircraft braking system include brake control systems, brake actuators, brake discs, brake pads, and anti-skid control systems. Brake control systems are responsible for managing and optimizing braking performance, ensuring safety and stability. These systems utilize various technologies, such as hydraulic, pneumatic, and electromechanical brakes. They are divided into categories based on the type of braking, including carbon and steel brakes, and are used in various aircraft types, including commercial, military, and business jets. The market serves both original equipment manufacturers (OEMs) and the aftermarket.
The large aircraft braking system market research report is one of a series of new reports from The Business Research Company that provides large aircraft braking system market statistics, including the large aircraft braking system industry's global market size, regional shares, competitors with a large aircraft braking system market share, detailed large aircraft braking system market segments, market trends and opportunities, and any further data you may need to thrive in the large aircraft braking system industry. This large aircraft braking system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The large aircraft braking system market size has grown strongly in recent years. It will grow from $2.60 billion in 2024 to $2.77 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The growth during the historic period can be attributed to several factors, including the rising demand for air travel, the expansion of the commercial aviation fleet, a heightened focus on improving aircraft safety, the increase in long-haul flights, and the growing sizes of commercial fleets.
The large aircraft braking system market size is expected to see strong growth in the next few years. It will grow to $3.55 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth during the forecast period is driven by factors such as the surge in new aircraft deliveries, the modernization of the aging aircraft fleet, increased defense and military spending, a rise in commercial aircraft operations, and a greater emphasis on fuel efficiency and emission reduction. Key trends for the forecast period include the adoption of electric braking systems, the integration of smart sensors in braking systems, the development of lightweight composite materials, the use of predictive maintenance technologies, and continuous advancements in braking technology.
The increasing demand for commercial aircraft operations is expected to drive the growth of the large aircraft braking system market. Commercial aircraft operations involve various processes such as flight scheduling, aircraft maintenance, and ensuring adherence to aviation safety standards. This rise is fueled by the growing number of people choosing air travel for both business and leisure. A large aircraft braking system is critical for commercial aircraft, enabling safe and efficient deceleration during landing. It ensures the aircraft can slow down rapidly and come to a complete stop within the runway's limits, preventing accidents and supporting smooth operations. For example, in March 2024, the International Air Transport Association (IATA) reported that global air cargo increased by 18.4% compared to January 2023. Additionally, European airlines saw a 16.4% rise in air cargo volumes in January compared to the same month in 2023. As a result, the growing demand for commercial aircraft operations is driving the expansion of the large aircraft braking system market.
Major companies in the large aircraft braking system market are embracing strategic partnerships to foster innovation, improve production efficiency, and expand their global presence. A strategic partnership is a collaborative alliance between two or more organizations working together to achieve shared goals, often by combining resources, expertise, or capabilities. For example, in December 2022, American Airlines Inc., a US-based airline, formed a partnership with Safran Landing Systems, a US-based manufacturer of large aircraft braking systems. This collaboration aimed to equip American Airlines' Boeing 737NG fleet with advanced carbon brakes that integrate brake-by-wire technology. These brakes are significantly lighter and more durable, contributing to reduced carbon emissions and operational costs, while supporting American Airlines' sustainability objectives.
In September 2022, Kaman Corporation, a US-based aerospace company, acquired the aircraft wheel and brake division of Parker-Hannifin Corporation for an undisclosed amount. This acquisition allows Kaman Corporation to strengthen its aerospace and defense portfolio, specifically in aircraft braking systems, by incorporating Parker-Hannifin's essential components used in braking systems for commercial, military, regional, and general aviation aircraft. Parker-Hannifin Corporation is a US-based manufacturer specializing in large aircraft braking systems.
Major players in the large aircraft braking system market are Boeing Company, Honeywell International Inc., Safran S.A., Thales Group, Parker Hannifin Corporation, Lufthansa Technik AG, Moog Inc., Meggitt PLC, AAR Corp., Crane Aerospace & Electronics, Triumph Group Inc., Kaman Corporation, Sumitomo Precision Products Co. Ltd., Farinia Group, HYDRO SYSTEMS GmbH & Co. KG, NMG Aerospace, Liebherr-International AG, NASCO Aircraft Brake Inc., UTC Aerospace Systems, and MATCO Manufacturing Inc.
North America was the largest region in the large aircraft braking system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in large aircraft braking system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the large aircraft braking system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The large aircraft braking system market consists of sales of brake energy absorbers, wheel and brake assemblies, brake cooling systems and brake wear indicators. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified.
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Large Aircraft Braking System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on large aircraft braking system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for large aircraft braking system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The large aircraft braking system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.