The Aircraft Brake System Market is projected to reach USD 8.42 billion by 2027, at a CAGR of 6% from 2021 to 2027.
Aircraft brake systems are an important component of aircraft and play an important role in aircraft handling operations such as takeoff, landing and glide while the aircraft is on the ground. Brakes are useful for slowing down and further stopping the aircraft, as well as providing a reliable way to keep the aircraft from moving while the engine is running. In addition, advanced aircraft braking systems currently used on civil and defense aircraft can steer the aircraft from the ground through differential braking. Aircraft brake systems are most often placed on the main wheels of aircraft and, in the case of helicopters, on the rotors. Modern aircraft brake systems are the brake systems on older aircraft, which have evolved from the assembly of cables and mechanical links operated via a single lever to a system consisting of multiple system components, from hydraulic pumps to master cylinders.
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Company Profile
Key players operating in the global aircraft brake system market include UNITED TECHNOLOGIES, Nasco Aircraft Brake, Inc., Honeywell International Inc., Safran Landing Systems, Meggitt Aircraft Braking Systems Corporation, PARKER HANNIFIN CORP, Crane Aerospace & Electronics, AAR, Beringer-aero, MATCO mfg, Lufthansa Technik, and Grove Aircraft Landing Gear Systems Inc.
Market Segmentation
By Component
- Braking Systems
- Wheels
- Brakes
By Fit
- Line-fit
- Retrofit
By Platform
- Commercial
- Defense
Scope of the Report
The research study analyzes the global Aircraft Brake System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Aircraft Brake System Market Report
1. What was the Aircraft Brake System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Aircraft Brake System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Aircraft Brake System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Aircraft Brake System market.
- The market share of the global Aircraft Brake System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Aircraft Brake System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Aircraft Brake System market.
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