Market Overview:
The global aerospace and defense brake market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial aircraft, regional aircraft, and general aviation aircraft. Additionally, the increasing demand for military aircraft is also contributing to the growth of this market. The carbon brake segment is expected to dominate the global aerospace and defense brake market during the forecast period. This segment is projected to grow at a CAGR of 6% from 2018 to 2030.
Product Definition:
Aerospace & Defense Brake is a brake used in Aerospace and Defense applications. It is important because it provides safety and prevents damage to equipment.
Carbon Brake:
Carbon brake is a material that can be either used as an alternative to steel or steel alloys in the manufacturing of brakes and components, or it can be added to the existing composites of aircraft, automobiles and others. It has high tensile strength but low ductility; this makes it suitable for use in aerospace applications where lightweight is a priority.
Steel Brake:
Steel brake is a term used for the hydraulic system of an aircraft or a spacecraft. It is also known as flight control system, which controls and monitors all the systems in an aerospace vehicle. The primary function of steel brake is to halt or slowdown the movement of a craft in case of emergencies such as engine failure, collision with another object, etc. In addition to this it also serves other functions such as controlling speed during landing and maintaining position during take-off & landing among others.
Application Insights:
The commercial aircraft segment accounted for the largest revenue share in 2017 and is anticipated to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing air traffic across major airports worldwide. General Aircraft includes single-aisle and multi-aisle passenger planes, while military aircraft include fighters, bombers and trainers. Regional Aircraft are typically narrow-body jets used on short domestic routes or regional flights. These types of aircraft have lower operational costs as they are more economical than wide-body jets.
Military aircraft production has increased significantly since World War II due to advancements in technology coupled with growing concerns about national security around the globe owing to rapid urbanization.
Regional Analysis:
North America accounted for the largest market share in 2017 and is anticipated to witness significant growth over the forecast period. The region has a well-established aerospace & defense industry, which supports market growth. Furthermore, increasing military expenditure by countries such as the U.S., China, India and Russia are expected to drive regional product demand in near future.
Asia Pacific is estimated to be one of the fastest-growing regions over the forecast period owing to rising investments from various governments for developing advanced aircrafts for civil use coupled with an expanding commercial aviation sector across emerging economies such as India and China.
Growth Factors:
- Increasing demand for aircrafts and rise in air traffic: The global fleet of commercial aircraft is expected to grow at a CAGR of 3.5% during the forecast period, reaching 42,730 by 2036. This will result in an increase in the demand for aerospace & defense brake systems.
- Technological advancements: The aerospace & defense brake market is witnessing rapid technological advancements with the advent of new materials and technologies such as carbon ceramic brakes (CCBs) and electric brakes. These new technologies are helping to improve the performance and efficiency of brake systems, thereby driving market growth.
- Stringent safety regulations: Stringent safety regulations across different regions are prompting Original Equipment Manufacturers (OEMs) to adopt advanced braking systems for aircrafts, ships, and other transportation vehicles operating in these regions. This is further propelling the growth of the aerospace & defense brake market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aerospace & Defense Brake Market Research Report
By Type
Carbon Brake, Steel Brake
By Application
Commercial Aircraft, Regional Aircraft, General Aircraft, Military Aircraft
By Companies
Honeywell, Safran, UTC Aerospace System, Meggitt Aircraft Braking System, Parker Hannifin Corporation, Crane Aerospace & Electronics, Lufthansa Technik, Matco Manufacturing, Nasco Brake System, Crane Aerospace, Honeywell
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Aerospace & Defense Brake Market Report Segments:
The global Aerospace & Defense Brake market is segmented on the basis of:
Types
Carbon Brake, Steel Brake
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Aircraft, Regional Aircraft, General Aircraft, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell
- Safran
- UTC Aerospace System
- Meggitt Aircraft Braking System
- Parker Hannifin Corporation
- Crane Aerospace & Electronics
- Lufthansa Technik
- Matco Manufacturing
- Nasco Brake System
- Crane Aerospace
- Honeywell
Highlights of The Aerospace & Defense Brake Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Brake
- Steel Brake
- By Application:
- Commercial Aircraft
- Regional Aircraft
- General Aircraft
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aerospace & Defense Brake Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aerospace & Defense Brake is a specialized brake system used in aircraft and spacecraft. It is designed to stop the vehicle quickly and safely.
Some of the major players in the aerospace & defense brake market are Honeywell, Safran, UTC Aerospace System, Meggitt Aircraft Braking System, Parker Hannifin Corporation, Crane Aerospace & Electronics, Lufthansa Technik, Matco Manufacturing, Nasco Brake System, Crane Aerospace, Honeywell.
The aerospace & defense brake market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aerospace & Defense Brake Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aerospace & Defense Brake Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aerospace & Defense Brake Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aerospace & Defense Brake Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aerospace & Defense Brake Market Size & Forecast, 2018-2028
4.5.1 Aerospace & Defense Brake Market Size and Y-o-Y Growth
4.5.2 Aerospace & Defense Brake Market Absolute $ Opportunity
Chapter 5 Global Aerospace & Defense Brake Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aerospace & Defense Brake Market Size Forecast by Type
5.2.1 Carbon Brake
5.2.2 Steel Brake
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aerospace & Defense Brake Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aerospace & Defense Brake Market Size Forecast by Applications
6.2.1 Commercial Aircraft
6.2.2 Regional Aircraft
6.2.3 General Aircraft
6.2.4 Military Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aerospace & Defense Brake Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aerospace & Defense Brake Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aerospace & Defense Brake Analysis and Forecast
9.1 Introduction
9.2 North America Aerospace & Defense Brake Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aerospace & Defense Brake Market Size Forecast by Type
9.6.1 Carbon Brake
9.6.2 Steel Brake
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aerospace & Defense Brake Market Size Forecast by Applications
9.10.1 Commercial Aircraft
9.10.2 Regional Aircraft
9.10.3 General Aircraft
9.10.4 Military Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aerospace & Defense Brake Analysis and Forecast
10.1 Introduction
10.2 Europe Aerospace & Defense Brake Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aerospace & Defense Brake Market Size Forecast by Type
10.6.1 Carbon Brake
10.6.2 Steel Brake
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aerospace & Defense Brake Market Size Forecast by Applications
10.10.1 Commercial Aircraft
10.10.2 Regional Aircraft
10.10.3 General Aircraft
10.10.4 Military Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aerospace & Defense Brake Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aerospace & Defense Brake Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aerospace & Defense Brake Market Size Forecast by Type
11.6.1 Carbon Brake
11.6.2 Steel Brake
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aerospace & Defense Brake Market Size Forecast by Applications
11.10.1 Commercial Aircraft
11.10.2 Regional Aircraft
11.10.3 General Aircraft
11.10.4 Military Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aerospace & Defense Brake Analysis and Forecast
12.1 Introduction
12.2 Latin America Aerospace & Defense Brake Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aerospace & Defense Brake Market Size Forecast by Type
12.6.1 Carbon Brake
12.6.2 Steel Brake
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aerospace & Defense Brake Market Size Forecast by Applications
12.10.1 Commercial Aircraft
12.10.2 Regional Aircraft
12.10.3 General Aircraft
12.10.4 Military Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aerospace & Defense Brake Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aerospace & Defense Brake Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aerospace & Defense Brake Market Size Forecast by Type
13.6.1 Carbon Brake
13.6.2 Steel Brake
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aerospace & Defense Brake Market Size Forecast by Applications
13.10.1 Commercial Aircraft
13.10.2 Regional Aircraft
13.10.3 General Aircraft
13.10.4 Military Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aerospace & Defense Brake Market: Competitive Dashboard
14.2 Global Aerospace & Defense Brake Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Safran
14.3.3 UTC Aerospace System
14.3.4 Meggitt Aircraft Braking System
14.3.5 Parker Hannifin Corporation
14.3.6 Crane Aerospace & Electronics
14.3.7 Lufthansa Technik
14.3.8 Matco Manufacturing
14.3.9 Nasco Brake System
14.3.10 Crane Aerospace
14.3.11 Honeywell
