The Aircraft Braking System market size is projected to reach a CAGR of 3.8% from 2021 to 2028.
There are multiple braking system used in an aircraft. These include aircraft disc brake, thrust reverser, air braking system etc. Aircraft disc brakes are the main brakes and are used brake the aircraft when the wheels touch the ground. Thrust reverser are used to create thrust using which are used to slow down the aircraft. Air brakes are used to work by increasing the drag. Drogue parachutes are used in military and civilian aircrafts as well
Due to recent technological advancements along with increased operations in the commercial aspect are some of the factors that have supported long-term expansion for Aircraft Braking System Market.
COVID-19 had a negative effect on the market as there was a dip in demand from the end user segment.
North America is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the technological advancements in the sector along with the presence of key players in the region.
Insights are provided for each region and major countries within the regions
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Report Feature |
Descriptions |
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Growth Rate |
CAGR of 3.8% during the forecasting period, 2021-2028 |
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Historical Data |
2018-2019 |
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Forecast Years |
2021-2028 |
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Base Year |
2020 |
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Units Considered |
Revenue in USD billion and CAGR from 2021 to 2028 |
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Report Segmentation |
Aircraft Type, End Use, Actuation, Component and region. |
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Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
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Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
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Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
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Companies Profiled |
AAR Corp., Beringer Aero, Collins Aerospace, Crane Co., Honeywell International Inc., Lufthansa Technik AG, Meggitt PLC, Parker-Hannifin Corporation, Safran, and the Carlyle Johnson Machine Company. |
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Available Customization |
In addition to the market data for Aircraft BrakinSystem Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Aircraft Braking System Market is segmented into Aircraft Type, End Use, Actuation, Component and region.
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