A report on the Global Aircraft Carbon Brake Disc Market has been published by Contrive Datum Insights. The report provides clients with the latest trending insights into the Aircraft Carbon Brake Disc market. It can be seen that the report includes market value and growth rate, size, production consumption and gross margin, pricing and other influencing factors. Along with this, in the report, you will get detailed information about every distributor, supplier, and retailer in the market. The competitive scenarios of all industry players are mentioned in detail in the report. The pandemic has caused market participants to strategically change their business plans.
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Aircraft Carbon Brake Disc is generally used to slow down the aircraft when landing and rolling on the runway. It is a necessary component to ensure the safety and direction control of the aircraft during ground operations such as taxiing, landing and takeoff. Aircraft carbon brakes with discs are common in small and light aircraft. A non-rotating caliper bolted to the undercarriage shaft helps apply the brakes as the sides of the discs rub against each other. However, a single disc proved unsuitable for applying the brakes. Earlier, disc brakes were used in aircraft and consisted of a disc that rotated with the wheel assembly, while a fixed caliper resisted rotation by creating friction against the disc when the brakes were applied. However, due to the introduction of new technologies and innovations, electric braking systems have become more popular. This carbon fiber braking system provides anti-skid protection and fully integrated brake control, including emergency and parking brake functions by combining brake-by-wire control technology with electromechanical brake actuation. Thus, two discs are bolted to the wheels of the aircraft’s carbon brakes, with the double disc surrounding the center bracket between the discs. The presence of linings on both sides makes the brake contact with all the discs during use, making the braking safer, making the double disc aircraft carbon brakes very suitable for large and heavy aircraft. Moreover, increasing air passenger demand has led to increased demand for aircraft, thereby driving the growth of the aircraft carbon brake disc market.
The report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as E Ink Holdings, Hitachi, Honeywell International, HP, Koninklijke Philips, LG Display, Nec Display Solutions, Sharp, Universal Display Corp, Samsung Display, Panasonic Corp, Innolux. Geographically, this market has been segmented into regions such as North America, Latin America, Europe, Asia Pacific and Rest of the World. The study details country-level aspects based on each segment and gives estimates in terms of market size.
The boom in commercial aircraft operations in both developed and developing countries will boost the global aircraft carbon brake disc market, with the U.S. handling most of the aerospace business across the globe.
North America has held the largest market share in recent years and is expected to grow at a CAGR of 5.1% during the forecast period. The aircraft production in the region has been growing rapidly and is likely to dominate the market share of aircraft carbon brake discs in the coming years.
Based on disclosed statistics, the International Air Transport Association (IATA) highlighted that the Asia-Pacific region is expected to lead air traffic over the next two decades, which could favor the larger aircraft that prevail in the market.
Fleet production in Asia Pacific is likely to grow by 40% in the next few years. The region is expected to witness substantial growth over the estimated study period.
Europe had a market revenue share of $340 million in the base year. The Europe region is expected to make significant gains in market share and is likely to facilitate massive growth over the forecast period.
They keep pace with North America and Asia Pacific in terms of innovation and technological developments in the aircraft industry.
Aircraft Carbon Brake Disc Market Segmentation:
By Type:
- Commercial Brake Disc
- Military Brake Disc
- Other
By Applications:
- OEM
- Aftermarket
- Other
Frequently Asked Questions (FAQ):
- What is the growth rate predicted for the Global Aircraft Carbon Brake Disc Market?
- Who are the top performing companies in Aircraft Carbon Brake Disc Market?
- Which region dominated the worldwide market for Aircraft Carbon Brake Disc in 2022?
Related Sources:
- https://www.digitaljournal.com/pr/global-octyl-salicylate-market-is-expected-to-grow-at-a-cagr-of-5-4-during-forecast-period
- https://www.openpr.com/news/2863103/electric-low-speed-vehicles-lsv-market-to-signify-strong
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