The large aircraft braking system market size has grown strongly in recent years. It will grow from $2.6 billion in 2024 to $2.75 billion in 2025 at a compound annual growth rate (CAGR) of 6%. The growth in the historic period can be attributed to increasing air travel demand, growth of commercial aviation fleet, focus on aircraft safety enhancements, rise in long-haul flights, and increasing commercial fleet sizes.
The large aircraft braking system market size is expected to see strong growth in the next few years. It will grow to $3.51 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to the surge in new aircraft deliveries, modernization of the aging aircraft fleet, rising defense and military spending, increasing commercial aircraft operations, and emphasis on fuel efficiency and emission reduction. Major trends in the forecast period include the adoption of electric braking systems, the integration of smart sensors in brakes, the development of lightweight composite materials, the use of predictive maintenance technologies, and advancements in braking technology.
The forecast of 6.3% growth over the next five years indicates a slight reduction of 0.2% from the previous projection for this market.This marginal decrease is influenced by ongoing tariff-related uncertainties between the U.S. and its trade partners.This is likely to directly affect the US through tariffs on carbon brake discs from France and Japan, increasing maintenance costs for commercial and military aircraft.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing demand for commercial aircraft operations is expected to drive the growth of the large aircraft braking system market. Commercial aircraft operations involve various processes such as flight scheduling, aircraft maintenance, and ensuring adherence to aviation safety standards. This rise is fueled by the growing number of people choosing air travel for both business and leisure. A large aircraft braking system is critical for commercial aircraft, enabling safe and efficient deceleration during landing. It ensures the aircraft can slow down rapidly and come to a complete stop within the runway's limits, preventing accidents and supporting smooth operations. For example, in March 2024, the International Air Transport Association (IATA) reported that global air cargo increased by 18.4% compared to January 2023. Additionally, European airlines saw a 16.4% rise in air cargo volumes in January compared to the same month in 2023. As a result, the growing demand for commercial aircraft operations is driving the expansion of the large aircraft braking system market.
Major companies in the large aircraft braking system market are embracing strategic partnerships to foster innovation, improve production efficiency, and expand their global presence. A strategic partnership is a collaborative alliance between two or more organizations working together to achieve shared goals, often by combining resources, expertise, or capabilities. For example, in December 2022, American Airlines Inc., a US-based airline, formed a partnership with Safran Landing Systems, a US-based manufacturer of large aircraft braking systems. This collaboration aimed to equip American Airlines' Boeing 737NG fleet with advanced carbon brakes that integrate brake-by-wire technology. These brakes are significantly lighter and more durable, contributing to reduced carbon emissions and operational costs, while supporting American Airlines' sustainability objectives.
In September 2022, Kaman Corporation, a US-based aerospace company, acquired the aircraft wheel and brake division of Parker-Hannifin Corporation for an undisclosed amount. This acquisition allows Kaman Corporation to strengthen its aerospace and defense portfolio, specifically in aircraft braking systems, by incorporating Parker-Hannifin's essential components used in braking systems for commercial, military, regional, and general aviation aircraft. Parker-Hannifin Corporation is a US-based manufacturer specializing in large aircraft braking systems.
A large aircraft braking system is composed of a range of advanced components and technologies designed to reduce speed, stop, or maintain an aircraft’s position after landing, during taxiing, or in emergency situations. This system is engineered to withstand the immense forces involved in decelerating an aircraft, ensuring safety, stability, and reliability across various operational conditions.
The key components of the large aircraft braking system include brake control systems, brake actuators, brake discs, brake pads, and anti-skid control systems. Brake control systems are responsible for managing and optimizing braking performance, ensuring safety and stability. These systems utilize various technologies, such as hydraulic, pneumatic, and electromechanical brakes. They are divided into categories based on the type of braking, including carbon and steel brakes, and are used in various aircraft types, including commercial, military, and business jets. The market serves both original equipment manufacturers (OEMs) and the aftermarket.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade disputes in spring 2025 are significantly affecting the aerospace and defense sector. Prices for key materials such as titanium, carbon fiber composites, and avionics primarily sourced from international suppliers have surged. Defense contractors, constrained by fixed-price government contracts, are forced to absorb these rising costs. Meanwhile, commercial aerospace companies are encountering resistance from airlines over increased aircraft prices. In addition, customs delays are disrupting already tight production timelines for jets and satellites. In response, the industry is stockpiling essential materials, pursuing import waivers for defense-related goods, and working with allied nations to diversify supply chains.
The large aircraft braking system market research report is one of a series of new reports that provides large aircraft braking system market statistics, including the large aircraft braking system industry's global market size, regional shares, competitors with a large aircraft braking system market share, detailed large aircraft braking system market segments, market trends and opportunities, and any further data you may need to thrive in the large aircraft braking system industry. This large aircraft braking system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Major players in the large aircraft braking system market are Boeing Company, Honeywell International Inc., Safran S.A., Thales Group, Parker Hannifin Corporation, Lufthansa Technik AG, Moog Inc., Meggitt PLC, AAR Corp., Crane Aerospace & Electronics, Triumph Group Inc., Kaman Corporation, Sumitomo Precision Products Co. Ltd., Farinia Group, HYDRO SYSTEMS GmbH & Co. KG, NMG Aerospace, Liebherr-International AG, NASCO Aircraft Brake Inc., UTC Aerospace Systems, and MATCO Manufacturing Inc.
North America was the largest region in the large aircraft braking system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in large aircraft braking system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the large aircraft braking system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The large aircraft braking system market consists of sales of brake energy absorbers, wheel and brake assemblies, brake cooling systems and brake wear indicators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified.
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The large aircraft braking system market size is expected to see strong growth in the next few years. It will grow to $3.51 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to the surge in new aircraft deliveries, modernization of the aging aircraft fleet, rising defense and military spending, increasing commercial aircraft operations, and emphasis on fuel efficiency and emission reduction. Major trends in the forecast period include the adoption of electric braking systems, the integration of smart sensors in brakes, the development of lightweight composite materials, the use of predictive maintenance technologies, and advancements in braking technology.
The forecast of 6.3% growth over the next five years indicates a slight reduction of 0.2% from the previous projection for this market.This marginal decrease is influenced by ongoing tariff-related uncertainties between the U.S. and its trade partners.This is likely to directly affect the US through tariffs on carbon brake discs from France and Japan, increasing maintenance costs for commercial and military aircraft.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The increasing demand for commercial aircraft operations is expected to drive the growth of the large aircraft braking system market. Commercial aircraft operations involve various processes such as flight scheduling, aircraft maintenance, and ensuring adherence to aviation safety standards. This rise is fueled by the growing number of people choosing air travel for both business and leisure. A large aircraft braking system is critical for commercial aircraft, enabling safe and efficient deceleration during landing. It ensures the aircraft can slow down rapidly and come to a complete stop within the runway's limits, preventing accidents and supporting smooth operations. For example, in March 2024, the International Air Transport Association (IATA) reported that global air cargo increased by 18.4% compared to January 2023. Additionally, European airlines saw a 16.4% rise in air cargo volumes in January compared to the same month in 2023. As a result, the growing demand for commercial aircraft operations is driving the expansion of the large aircraft braking system market.
Major companies in the large aircraft braking system market are embracing strategic partnerships to foster innovation, improve production efficiency, and expand their global presence. A strategic partnership is a collaborative alliance between two or more organizations working together to achieve shared goals, often by combining resources, expertise, or capabilities. For example, in December 2022, American Airlines Inc., a US-based airline, formed a partnership with Safran Landing Systems, a US-based manufacturer of large aircraft braking systems. This collaboration aimed to equip American Airlines' Boeing 737NG fleet with advanced carbon brakes that integrate brake-by-wire technology. These brakes are significantly lighter and more durable, contributing to reduced carbon emissions and operational costs, while supporting American Airlines' sustainability objectives.
In September 2022, Kaman Corporation, a US-based aerospace company, acquired the aircraft wheel and brake division of Parker-Hannifin Corporation for an undisclosed amount. This acquisition allows Kaman Corporation to strengthen its aerospace and defense portfolio, specifically in aircraft braking systems, by incorporating Parker-Hannifin's essential components used in braking systems for commercial, military, regional, and general aviation aircraft. Parker-Hannifin Corporation is a US-based manufacturer specializing in large aircraft braking systems.
A large aircraft braking system is composed of a range of advanced components and technologies designed to reduce speed, stop, or maintain an aircraft’s position after landing, during taxiing, or in emergency situations. This system is engineered to withstand the immense forces involved in decelerating an aircraft, ensuring safety, stability, and reliability across various operational conditions.
The key components of the large aircraft braking system include brake control systems, brake actuators, brake discs, brake pads, and anti-skid control systems. Brake control systems are responsible for managing and optimizing braking performance, ensuring safety and stability. These systems utilize various technologies, such as hydraulic, pneumatic, and electromechanical brakes. They are divided into categories based on the type of braking, including carbon and steel brakes, and are used in various aircraft types, including commercial, military, and business jets. The market serves both original equipment manufacturers (OEMs) and the aftermarket.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The sharp increase in U.S. tariffs and resulting trade disputes in spring 2025 are significantly affecting the aerospace and defense sector. Prices for key materials such as titanium, carbon fiber composites, and avionics primarily sourced from international suppliers have surged. Defense contractors, constrained by fixed-price government contracts, are forced to absorb these rising costs. Meanwhile, commercial aerospace companies are encountering resistance from airlines over increased aircraft prices. In addition, customs delays are disrupting already tight production timelines for jets and satellites. In response, the industry is stockpiling essential materials, pursuing import waivers for defense-related goods, and working with allied nations to diversify supply chains.
The large aircraft braking system market research report is one of a series of new reports that provides large aircraft braking system market statistics, including the large aircraft braking system industry's global market size, regional shares, competitors with a large aircraft braking system market share, detailed large aircraft braking system market segments, market trends and opportunities, and any further data you may need to thrive in the large aircraft braking system industry. This large aircraft braking system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Major players in the large aircraft braking system market are Boeing Company, Honeywell International Inc., Safran S.A., Thales Group, Parker Hannifin Corporation, Lufthansa Technik AG, Moog Inc., Meggitt PLC, AAR Corp., Crane Aerospace & Electronics, Triumph Group Inc., Kaman Corporation, Sumitomo Precision Products Co. Ltd., Farinia Group, HYDRO SYSTEMS GmbH & Co. KG, NMG Aerospace, Liebherr-International AG, NASCO Aircraft Brake Inc., UTC Aerospace Systems, and MATCO Manufacturing Inc.
North America was the largest region in the large aircraft braking system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in large aircraft braking system report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the large aircraft braking system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The large aircraft braking system market consists of sales of brake energy absorbers, wheel and brake assemblies, brake cooling systems and brake wear indicators. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified.
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Large Aircraft Braking System Market Characteristics3. Large Aircraft Braking System Market Trends And Strategies32. Global Large Aircraft Braking System Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Large Aircraft Braking System Market34. Recent Developments In The Large Aircraft Braking System Market
4. Large Aircraft Braking System Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Large Aircraft Braking System Growth Analysis And Strategic Analysis Framework
6. Large Aircraft Braking System Market Segmentation
7. Large Aircraft Braking System Market Regional And Country Analysis
8. Asia-Pacific Large Aircraft Braking System Market
9. China Large Aircraft Braking System Market
10. India Large Aircraft Braking System Market
11. Japan Large Aircraft Braking System Market
12. Australia Large Aircraft Braking System Market
13. Indonesia Large Aircraft Braking System Market
14. South Korea Large Aircraft Braking System Market
15. Western Europe Large Aircraft Braking System Market
16. UK Large Aircraft Braking System Market
17. Germany Large Aircraft Braking System Market
18. France Large Aircraft Braking System Market
19. Italy Large Aircraft Braking System Market
20. Spain Large Aircraft Braking System Market
21. Eastern Europe Large Aircraft Braking System Market
22. Russia Large Aircraft Braking System Market
23. North America Large Aircraft Braking System Market
24. USA Large Aircraft Braking System Market
25. Canada Large Aircraft Braking System Market
26. South America Large Aircraft Braking System Market
27. Brazil Large Aircraft Braking System Market
28. Middle East Large Aircraft Braking System Market
29. Africa Large Aircraft Braking System Market
30. Large Aircraft Braking System Market Competitive Landscape And Company Profiles
31. Large Aircraft Braking System Market Other Major And Innovative Companies
35. Large Aircraft Braking System Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Large Aircraft Braking System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on large aircraft braking system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for large aircraft braking system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The large aircraft braking system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Brake Control Systems; Brake Actuators; Brake Discs; Brake Pads; Anti-Skid Control Systems2) By Technology: Hydraulic Brakes; Pneumatic Brakes; Electromechanical Brakes
3) By Braking Type: Carbon Brakes; Steel Brakes
4) By Aircraft Type: Commercial Aircraft; Military Aircraft; Business Jets
5) By End-User: Original Equipment Manufacturers (OEMs); Aftermarket
Subsegments:
1) By Brake Control Systems: Hydraulic Control Systems; Electronic Control Systems2) By Brake Actuators: Hydraulic Actuators; Electro-Hydraulic Actuators; Electric Actuators
3) By Brake Discs: Steel Discs; Carbon-Carbon Composite Discs; Carbon-Ceramic Discs
4) By Brake Pads: Organic Brake Pads; Semi-Metallic Brake Pads; Carbon Composite Brake Pads
5) By Anti-Skid Control Systems: Fully Integrated Systems; Modular Systems
Key Companies Profiled: Boeing Company; Honeywell International Inc.; Safran S.A.; Thales Group; Parker Hannifin Corporation; Lufthansa Technik AG; Moog Inc.; Meggitt PLC; AAR Corp.; Crane Aerospace & Electronics; Triumph Group Inc.; Kaman Corporation; Sumitomo Precision Products Co. Ltd.; Farinia Group; HYDRO SYSTEMS GmbH & Co. KG; NMG Aerospace; Liebherr-International AG; NASCO Aircraft Brake Inc.; UTC Aerospace Systems; MATCO Manufacturing Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Boeing Company
- Honeywell International Inc.
- Safran S.A.
- Thales Group
- Parker Hannifin Corporation
- Lufthansa Technik AG
- Moog Inc.
- Meggitt PLC
- AAR Corp.
- Crane Aerospace & Electronics
- Triumph Group Inc.
- Kaman Corporation
- Sumitomo Precision Products Co. Ltd.
- Farinia Group
- HYDRO SYSTEMS GmbH & Co. KG
- NMG Aerospace
- Liebherr-International AG
- NASCO Aircraft Brake Inc.
- UTC Aerospace Systems
- MATCO Manufacturing Inc.