The market for aircraft braking systems was valued at USD 10.90 billion in 2021 and is anticipated to grow at a revenue CAGR of 3.6% during the following five years. Increased manufacturing of aircraft as a result of an increase in global air traffic are the main drivers driving market revenue growth. Other important aspects include increased attention on improved safety of an aeroplane during ground operations, such as landing, takeoff, and taxiing.

During the landing roll on the runway, the aircraft’s braking system is employed to slow it down. It is essential for ground operations like taxiing, landing, and takeoff in order to maintain an aircraft’s safety and directional control. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Aircraft Braking System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Safran, Honeywell International, Inc., Meggitt PLC., Collins Aerospace, Beringer Aero, Jay-Em Aerospace , Grove Aircraft Braking system Systems Inc., Parker-Hannifin Corp, Crane Holdings, Co., and Matco MFG

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Emergen Research has segmented the global Aircraft Braking System market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• Table of Contents

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  Component Outlook (Revenue, USD Million; 2019–2030)

  • Wheels
  • Brake Discs
  • Brake Housing
  • Valves
  • Actuators
  • Accumulator
  • Electronics

• Actuation Outlook (Revenue, USD Million; 2019–2030)

  • Power Brake
  • Boosted Brake
  • Independent Brake

• Aircraft Type Outlook (Revenue, USD Million; 2019–2030)

  • Fixed Wing

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Aircraft Braking System Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Aircraft Braking System Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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