The Business Research Company’s Aircraft Brake System Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, April 13, 2022 /EINPresswire.com/ — According to ‘Aircraft Brake System Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the aircraft brake system market size is expected to grow from $7.77 billion in 2021 to $8.56 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. As per TBRC’s aircraft brake system market research, the market size is then expected to grow to $10.85 billion in 2026 at a CAGR of 6.1%. The increasing fleet size of commercial and defense aircraft is expected to propel the aircraft brake system market growth going forward.
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The aircraft brake system market consists of sales of the aircraft brake systems by entities (organizations, sole proprietors, partnerships) that are used to stop a moving aircraft by converting kinetic energy to heat energy through friction between discs located in brake systems in the wheels. This system provides this critical function during take-off, landing, and taxiing to stop the airplanes within the specified length of the runway.
Global Aircraft Brake System Market Trends
Strategic partnerships and collaborations are shaping the aircraft brake system market. Strategic partnerships and collaborations facilitate partners to build innovative solutions for their customers, enter into new markets, and pool valuable expertise and resources.
Global Aircraft Brake System Market Segments
The global aircraft brake systems market is segmented:
By Component: Braking System Components, Brakes, Wheels
By Actuation: Power Brake, Boosted Brake, Independent Brake
By Brake Type: Carbon Breaks, Steel Breaks, Others
By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles
By End-User: Commercial Aircraft, Defense Aircraft
By Geography: The global aircraft brakes market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest share.
Read more on the global aircraft brake system market report
Aircraft Brake System Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides aircraft brake system global market overviews, aircraft brake system global market analysis and forecasts market size and growth for the global aircraft brake system market, aircraft brake system global market share, aircraft brake system global market segments and geographies, aircraft brake system global market players, aircraft brake system global market leading competitor revenues, profiles and market shares. The aircraft brake system global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Aircraft Brake System Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Honeywell International, Safran Landing Systems, Raytheon Technologies, PARKER HANNIFIN CORP, Crane Aerospace & Electronics, Beringer-aero, MATCO mfg, Grove Aircraft Landing Gear Systems Inc., Jay-Em Aerospace & Machine Inc., Bauer Inc., Nasco Aircraft Brake Inc., Collins Aerospace, and AAR Corp.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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Aircraft Maintenance, Repair and Overhauling Services Global Market Report 2022
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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