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Aircraft Brake Market Share

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Report ID: 2654
Published Date: Oct 16, 2024
Report Format: PDF, PPT

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Aircraft Brake Market Share

Based on region, the aircraft brakes market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.

Asia Pacific industry is poised to account for largest revenue share by 2036, owing to notable growth in the passenger traffic coupled with significant growth in general aviation in the region. However, North America is estimated to hold the largest share in the market for carbon brakes, on account of the presence of a large number of market participants.

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Browse Key Market Insights with Data Illustration:

Aircraft Brakes Market Size & Share, Growth Analysis 2036

Author Credits: Dhruv Bhatia

Report ID: 2654
Published Date: Oct 16, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of aircraft brakes is assessed at USD 9.86 billion.

Aircraft Brakes Market size was valued at USD 9.47 billion in 2023 and is expected to reach USD 18.3 billion by 2036, expanding at around 5.2% CAGR during the forecast period i.e., between 2024-2036.

Asia Pacific industry is poised to account for largest revenue share by 2036, owing to notable growth in the passenger traffic coupled with significant growth in general aviation in the region.

The major players in the market are Honeywell International Inc., UTC Aerospace Systems, Crane Aerospace & Electronics, AAR Corp., Bauer, Inc., Hong Kong Aircraft Engineering Company, Meggitt Aircraft Braking Systems Corporation, Grove Aircraft Landing Gear Systems Inc., Beringer Aero, Parker Hannifin Corporation, and others.

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