Market Overview:
The global aircraft brake linings market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,521.4 Mn by 2030, registering a CAGR of 6.9% from 2018 to 2030. The growth of the global aircraft brake linings market can be attributed to the increasing demand for commercial and passenger aircraft across the globe. Additionally, the increasing adoption of advanced technologies in aircraft brake systems is also expected to fuel the growth of the global aircraft brake linings market during forecast period (2018-2030). On basis of type, OEMs segment is anticipated to account for majority share in terms revenue contribution followed by aftermarket segment over forecast period (2018-2030). On basis application, propeller Aircraft segment accounted for larger share as compared with other segments in 2017 and it is projected that this trend would continue throughout forecast period (2018-2030) owing high demand from regional airlines operating short haul flights across different parts of world.
Product Definition:
Aircraft brake linings are the parts of a brake system that come into contact with the braking surface on a rotor or wheel. They are typically made of metal, carbon, or ceramic materials, and their main purpose is to dissipate heat and friction created during braking. Aircraft brake linings must be able to withstand high temperatures and wear while providing consistent stopping power.
OEMs:
OEMs are the manufacturer's designation for the products that come with a brand name on it. For example, if a certain aircraft part comes with Continental Airlines' logo on it, then that would be an OEM part. The growth factor in this market is high as there is an increase in demand from low-cost carriers and emerging airlines across the globe due to their expansion plans.
Aftermarket:
Aftermarket is the second hand or new parts of vehicles. Aftermarket can be defined as all the activities related to selling, buying, trading and using aftersales parts in automobiles and other transport equipment. The automotive industry has been witnessing a change in trend from OEM (Original Equipment Manufacturers) towards aftermarkets due to increasing demand for replacement parts coupled with rising cost of maintenance & repair services for old vehicles which are expected to drive market growth over the forecast period.
Application Insights:
Propeller aircraft application segment led the market and accounted for more than 45% of the global revenue share in 2017. The growth is attributed to increasing demand for commercial propeller driven aircraft, particularly in developing countries such as China, India and Brazil. Moreover, rapid expansion of low-cost carriers has resulted in an increased number of propeller driven air taxi services globally which is further anticipated to propel product demand over the forecast period.
Jet aircraft application segment is expected to witness significant growth over the forecast period owing to rising passenger traffic at airports across developed.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to witness a growth rate of 3.6% from 2018 to 2030, in terms of revenue. This can be attributed to increasing air travel across the U.S.
Asia Pacific is anticipated to register the fastest CAGR during the forecast period owing to rapid development witnessed by economies such as India and China along with other countries in Southeast Asia that border these two economies; Indonesia, Malaysia etc.
Europe was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for aircraft brake linings, as they are essential for safe and efficient operations.
- Technological advancements: Aircraft brake linings are becoming increasingly sophisticated, with new materials and designs that improve performance and safety. This is fuelling the growth of the market.
- Regulatory compliance: Aircraft brake linings must meet stringent regulatory requirements in order to be certified for use on commercial aircrafts. This is helping to drive demand for these products worldwide.
- Rising fuel costs: Airlines are looking to reduce their operating costs wherever possible, which has led them to invest in more fuel-efficient aircrafts equipped with advanced braking systems that require high-quality brake linings components .This is another factor contributing to the growth of the market . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Brake Linings Market Research Report
By Type
OEMs, Aftermarket
By Application
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
By Companies
Meggitt Aircraft Braking System, Cessna Aircraft, Univair, Piper Aircraft, Rapco, APS Brakes, Cleveland, UTC Aerospace, Lycoming, Meggitt Aircraft Braking System
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Brake Linings Market Report Segments:
The global Aircraft Brake Linings market is segmented on the basis of:
Types
OEMs, Aftermarket
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
Propeller Aircraft, Jet Aircraft, Rotorcraft, Others
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:
- Meggitt Aircraft Braking System
- Cessna Aircraft
- Univair
- Piper Aircraft
- Rapco
- APS Brakes
- Cleveland
- UTC Aerospace
- Lycoming
- Meggitt Aircraft Braking System
Highlights of The Aircraft Brake Linings 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:
- OEMs
- Aftermarket
- By Application:
- Propeller Aircraft
- Jet Aircraft
- Rotorcraft
- Others
- 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 Aircraft Brake Linings 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Aircraft brake linings are a type of lining used in aircraft brakes. They are made from a variety of materials, including metal, plastic, and rubber. Aircraft brake linings help to stop the movement of air and dust particles within the braking system.
Some of the key players operating in the aircraft brake linings market are Meggitt Aircraft Braking System, Cessna Aircraft, Univair, Piper Aircraft, Rapco, APS Brakes, Cleveland, UTC Aerospace, Lycoming, Meggitt Aircraft Braking System.
The aircraft brake linings market is expected to grow at a compound annual growth rate of 6.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Brake Linings 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 Aircraft Brake Linings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Brake Linings 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 Aircraft Brake Linings 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 Aircraft Brake Linings Market Size & Forecast, 2018-2028
4.5.1 Aircraft Brake Linings Market Size and Y-o-Y Growth
4.5.2 Aircraft Brake Linings Market Absolute $ Opportunity
Chapter 5 Global Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Type
5.2.1 OEMs
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Applications
6.2.1 Propeller Aircraft
6.2.2 Jet Aircraft
6.2.3 Rotorcraft
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Brake Linings 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 Aircraft Brake Linings 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 Aircraft Brake Linings Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Type
9.6.1 OEMs
9.6.2 Aftermarket
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 Aircraft Brake Linings Market Size Forecast by Applications
9.10.1 Propeller Aircraft
9.10.2 Jet Aircraft
9.10.3 Rotorcraft
9.10.4 Others
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 Aircraft Brake Linings Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Type
10.6.1 OEMs
10.6.2 Aftermarket
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 Aircraft Brake Linings Market Size Forecast by Applications
10.10.1 Propeller Aircraft
10.10.2 Jet Aircraft
10.10.3 Rotorcraft
10.10.4 Others
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 Aircraft Brake Linings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Type
11.6.1 OEMs
11.6.2 Aftermarket
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 Aircraft Brake Linings Market Size Forecast by Applications
11.10.1 Propeller Aircraft
11.10.2 Jet Aircraft
11.10.3 Rotorcraft
11.10.4 Others
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 Aircraft Brake Linings Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Brake Linings 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 Aircraft Brake Linings Market Size Forecast by Type
12.6.1 OEMs
12.6.2 Aftermarket
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 Aircraft Brake Linings Market Size Forecast by Applications
12.10.1 Propeller Aircraft
12.10.2 Jet Aircraft
12.10.3 Rotorcraft
12.10.4 Others
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) Aircraft Brake Linings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Brake Linings 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) Aircraft Brake Linings Market Size Forecast by Type
13.6.1 OEMs
13.6.2 Aftermarket
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) Aircraft Brake Linings Market Size Forecast by Applications
13.10.1 Propeller Aircraft
13.10.2 Jet Aircraft
13.10.3 Rotorcraft
13.10.4 Others
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 Aircraft Brake Linings Market: Competitive Dashboard
14.2 Global Aircraft Brake Linings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Meggitt Aircraft Braking System
14.3.2 Cessna Aircraft
14.3.3 Univair
14.3.4 Piper Aircraft
14.3.5 Rapco
14.3.6 APS Brakes
14.3.7 Cleveland
14.3.8 UTC Aerospace
14.3.9 Lycoming
14.3.10 Meggitt Aircraft Braking System
