Global Aircraft Braking System Market report from Global Insight Services is the single authoritative source of intelligence on Aircraft Braking System Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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The aircraft braking system is a system that is used to slow down or stop an aircraft. There are two types of brakes that are used on aircraft: wheel brakes and drag brakes. Wheel brakes are the most common type of brake used on aircraft. They work by using friction to slow down the wheels of the aircraft. The amount of force that is applied to the brakes can be controlled by the pilot.
Key Trends
The key trends in aircraft braking system technology are lighter weight brakes, more durable brakes, and brakes that can be used on a variety of aircraft.
Lighter-weight brakes are being developed to reduce the weight of the aircraft and improve fuel efficiency.
Durable brakes are being developed to improve the safety of the aircraft and reduce maintenance costs. Brakes that can be used on a variety of aircraft are being developed to improve the flexibility of the aircraft fleet.
Key Drivers
The key drivers of the aircraft braking system market are the growing demand for aircraft retrofitting, and the stringent regulations regarding aircraft safety.
The growing demand for aircraft retrofitting is driven by the need to improve the safety and performance of existing aircraft. According to the Aircraft Fleet Recycling Association (AFRA), there are approximately 11,000 commercial aircraft that will reach the end of their useful life in the next 20 years.
The stringent regulations regarding aircraft safety are driven by the need to reduce the risk of accidents. The International Civil Aviation Organization (ICAO) has set strict safety standards that all aircraft must meet.
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Market Segments
The aircraft braking system market is segmented by component, actuation, end-use, and region. By component, the market is classified into wheels, valves, and others. Based on actuation, it is bifurcated into power brake, boosted brake, and independent brake. On the basis of end-use, it is divided into OEM, and aftermarket. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global aircraft braking system market includes players such as AAR Corp, Beringer Aero, Collins Aerospace, Crane Co, Honeywell International Inc., Lufthansa Technik AG, Meggitt PLC, Parker-Hannifin Corporation, Safran, The Carlyle Johnson Machine Company, and others.
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Reasons to buy Aircraft Braking System Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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