Global Aircraft Braking System Market by Component (Accumulator, Actuators, Brake Discs), Brakes Type (Boosted Brake, Independent Brake, Power Brake), Deployment, End-user, Aircraft Type - Forecast 2023-2030

The Aircraft Braking System Market size was estimated at USD 11.26 billion in 2022, USD 12.02 billion in 2023, and is expected to grow at a CAGR of 6.88% to reach USD 19.19 billion by 2030.

The aircraft braking system is critical for ensuring the safety and performance of aircraft during landing, takeoff, and taxiing operations. Braking systems are essential for ensuring aircraft can be securely slowed and brought to a stop during landing and for maintaining position during ground operations, including taxiing and parking. The primary application of aircraft braking systems is to decelerate and stop an aircraft safely during ground operations. The rise in global air traffic, advancements in brake technology, and stringent safety regulations imposed by aviation authorities have expanded the use of aircraft braking systems. Expanding military budgets and developing new aircraft models contribute to the growth of aircraft braking systems. The high cost of advanced material systems and stringent certification standards can limit the use of aircraft braking systems. Additionally, dependence on a limited number of suppliers for specialized components and stringent regulatory norms for aircraft braking systems pose significant challenges to the market. However, adopting new materials, such as carbon composites, presents substantial opportunities for aircraft braking systems. The expansion of the global aircraft fleet and the need to modernize aging aircraft with better braking systems provide considerable commercial prospects. Furthermore, innovations in electric aviation and tilt-rotor craft create new avenues for deploying advanced braking technologies worldwide.

Regional Insights

The presence of major aerospace corporations, increasing investments in new aircraft fleets, and advancing development in military aircraft have led to the need for advanced aircraft braking systems in the Americas. The Americas region shows significant investments in the aerospace sector, facilitating the adoption of newer technologies in aircraft braking systems. The European Union (EU) landscape for aircraft braking systems observes stringent regulations and high safety standards. Countries including France, Germany, and the United Kingdom represent some of the major aerospace companies that demand cutting-edge technology, including aircraft braking systems, to ensure the operational safety of aircraft. The EU's environmental policies also push for more environmentally sustainable and efficient braking systems. In the Middle East and Africa, the market for aircraft braking systems is influenced by the expansion of airline fleets and the modernization of existing aircraft. With its key transit hubs and premium airlines, the Middle East highly values aircraft performance, including braking systems. The Asia-Pacific region is experiencing burgeoning growth in the aviation sector. The rapidly growing commercial airline industry and the government's push for indigenous aircraft production in emerging economies heighten the demand for advanced braking systems. The expanding air travel and military modernization programs are catalysts for increased demand for aircraft braking systems in developed economies across the Asia-Pacific.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Aircraft Braking System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aircraft Braking System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Aircraft Braking System Market, highlighting leading vendors and their innovative profiles. These include AAR CORP., Airbus SE, Aircraft End-of-Life Solutions B.V., AMETEK.Inc., Arkwin Industries, Inc., Astronics Corporation, Aviation Products Systems Inc., Bauer, Inc., Beringer Aero, Collins Aerospace by RTX Corporation, Crane Aerospace & Electronics, Eaton Corporation PLC, Electromech Technologies LLC, GOLDfren, Grove Aircraft Landing Gear Systems Inc., Hindustan Aeronautics Limited, Honeywell International Inc., Hong Kong Aircraft Engineering Company Limited by Swire Group Company, Kaman Corporation, Lee Air, Inc., Leonardo S.p.A., Liebherr-International Deutschland GmbH, Lockheed Martin Corporation, Lufthansa Technik AG, Matco Aircraft Landing Systems, McFarlane Aviation, LLC, Meggitt PLC by Parker-Hannifin Corporation, Moog Inc., NMG Aerospace Components, Northrop Grumman Corporation, OMA SpA, Rapco, Inc., Safran S.A., SAM GmbH, Sonex Aircraft, LLC, Tactair Fluid Controls Inc., Textron Inc., The Carlyle Johnson Machine Company, LLC by RINGFEDER POWER TRANSMISSION GMBH, Umbria Aerospace Systems S.p.A., and Whippany Actuation Systems LLC.

Market Segmentation & Coverage

This research report categorizes the Aircraft Braking System Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Component
  • Accumulator
  • Actuators
  • Brake Discs
  • Brake Housing
  • Electronics
  • Valves
  • Wheels
• Brakes Type
  • Boosted Brake
  • Independent Brake
  • Power Brake
• Deployment
  • Aftermarket
  • OEM
• End-user
  • Commercial
  • Military
• Aircraft Type
  • Fixed Wing
  • Rotary Wing
  • Unmanned Aerial Vehicles

• Region
  • Americas
    • Argentina
    • Brazil
    • Canada
    • Mexico
    • United States
      • California
      • Florida
      • Illinois
      • New York
      • Ohio
      • Pennsylvania
      • Texas
  • Asia-Pacific
    • Australia
    • China
    • India
    • Indonesia
    • Japan
    • Malaysia
    • Philippines
    • Singapore
    • South Korea
    • Taiwan
    • Thailand
    • Vietnam
  • Europe, Middle East & Africa
    • Denmark
    • Egypt
    • Finland
    • France
    • Germany
    • Israel
    • Italy
    • Netherlands
    • Nigeria
    • Norway
    • Poland
    • Qatar
    • Russia
    • Saudi Arabia
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • Turkey
    • United Arab Emirates
    • United Kingdom

The report offers valuable insights on the following aspects

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

1. What is the market size and forecast of the Aircraft Braking System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aircraft Braking System Market?
3. What are the technology trends and regulatory frameworks in the Aircraft Braking System Market?
4. What is the market share of the leading vendors in the Aircraft Braking System Market?
5. Which modes and strategic moves are suitable for entering the Aircraft Braking System Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.