MARKET INTRODUCTION

Aircraft brakes is one the crucial system in an aircraft and helicopter for operations such as landing, takeoffs, and maneuvering on the ground. The aircraft brakes not only helps for stopping and slowing down but also to aids in aircraft from restraining motion while engine ups. The brakes are mainly mounted on main wheels. Currently, the advanced brakes which enables differential braking are used in defence aircraft and in commercial aircraft.

MARKET DYNAMICS

Owing to the increasing the number of passengers across the world the aircraft brakes are witnessing significant rise in adoption. However, the slowdown of airlines industry due to the out break of COVID-19 has impacted the aircraft brakes market. Meanwhile, the increasing year on year budgets of governments across the globe for procuring defence aircraft owing to the rising need for national security is propelling the growth of aircraft brakes market.

MARKET SCOPE

The "Aircraft Brakes Market Analysis to 2027" is a specialized and in-depth study of the aerospace and defence with a special focus on the global market trend analysis. The report aims to provide an overview of aircraft brakes market with detailed market segmentation by type, deployment, industry vertical, and geography. The global aircraft brakes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft brakes market players and offers key trends and opportunities in the aircraft brakes market.

MARKET SEGMENTATION

The global aircraft brakes market is segmented on the basis of component, fit, and end user. On the basis of component, the market is segmented as braking systems, wheels, and brakes. On the basis of fit, the market is segmented as line fit and retrofit. Similarly, on the basis of end user, the market is segmented as defense and commercial.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft brakes market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aircraft brakes market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting aircraft brakes market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the aircraft brakes market in these regions.

MARKET PLAYERS

The reports cover key developments in the aircraft brakes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aircraft brakes market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft brakes market. Below mentioned is the list of few companies engaged in the aircraft brakes market.

The report also includes the profiles of key aircraft brakes market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

- Beringer Aero
- Collin Aerospace
- Crane Aerospace & Electronics
- Grove Aircraft Landing Gear Systems Inc.
- Honeywell International Inc.
- Jay-Em Aerospace & Machine, Inc.
- Matco Manufacturing Inc.
- Meggitt PLC
- Parker Hannifin Corporation
- Safran S.A.