Aircraft Brakes Industry - Regional Synopsis
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 predicted to account for largest revenue share by 2037, 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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Frequently Asked Questions (FAQ)
In the year 2025, the industry size of aircraft brakes is evaluated at USD 10.4 billion.
Aircraft Brakes Market size was valued at USD 9.96 billion in 2024 and is set to exceed USD 19.25 billion by 2037, registering over 5.2% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is predicted to account for largest revenue share by 2037, 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.
