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Aircraft Brake System Market expecting to reach USD 8.42 billion by 2022

​"Aircraft Brake System Market expecting to reach USD 8.42 billion by 2022– Market Research Report Store" published in May 2017. It is a professional and in-depth study.
Aircraft Brake System Market expecting to reach USD 8.42 billion by 2022
PR-Inside.com: 2017-05-19 20:07:32
"Aircraft Brake System Market expecting to reach USD 8.42 billion by 2022– Market Research Report Store" published in May 2017. It is a professional and in-depth study.

Summary

Market Research Report Store announces a new report"Aircraft Brake System Market"added to its database.The aircraft brake system market is projected to reach USD 8.42 billion by 2022, at a CAGR of 6.71% from 2017 to 2022. Aircraft brake systems are essential aircraft components that ensure the safety of an aircraft during ground operations, such as landing, takeoff, and taxiing. The increase in aircraft production is anticipated to drive the growth of the aircraft brake system market. Furthermore, the increasing demand for lightweight and efficient aircraft components from the aviation industry is another significant factor driving the growth of the aircraft brake system market.

Detailed TOC Of Report  @

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Ask a sample, click here Ann@marketresearchreportstore.com

“The line-fit segment is estimated to account for the largest share of the aircraft brake system market”

Based on fit, the line-fit segment is estimated to account for the largest share of the aircraft brake system market in 2017. Line-fit has become an important alternative for aircraft buyers, as post-delivery retrofit modification becomes cumbersome for airlines. Major aircraft manufacturers are increasingly replacing steel brakes with carbon brakes. The use of carbon brakes offers significant benefits such as lightweight parts and less maintenance, in addition to faster cooldown and shorter turnaround times.

“The commercial platform segment is projected to grow at the highest CAGR during the forecast period”

Based on platform, the commercial segment is projected to grow at the highest CAGR from 2017 to 2022. The rise in passenger movement has led to an increase in aircraft orders across the globe, which, in turn, is anticipated to drive the growth of the aircraft brake system market. In addition, the expansion of the aviation industry in Asia-Pacific and the Middle East has propelled the demand for new commercial aircraft, thereby contributing to the growth of the commercial segment of the aircraft brake system market.

“North America is estimated to be the largest market for aircraft brake systems in 2017”

North America is the largest market for aircraft brake systems, owing to the presence of prominent players of wheels and brakes, such as Honeywell International Inc. (U.S.), UTC Aerospace Systems (U.S.), and Parker Hannifin Corporation (U.S.) in this region. Airlines in North America are planning to implement electrically actuated carbon brakes in the near future to propel the development of lightweight aircraft.

Key manufacturers and suppliers of aircraft brake systems in North America include UTC Aerospace Systems (U.S.), Honeywell International Inc. (U.S.), and Crane Aerospace & Electronics (U.S.), among others.

Break-up of profile of primary participants in the aircraft brake system market:

• By Company Type – Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%

• By Designation – C Level – 35%, Director Level – 25%, and Others – 40%

• By Region – North America – 45%, Europe – 20%, Asia-Pacific – 30%, and RoW – 5%

Major companies profiled in the report include Safran S.A. (France), UTC Aerospace Systems (U.S.), Meggitt PLC (U.K.), Honeywell International Inc. (U.S.), Crane Aerospace & Electronics (U.S.), AAR Corp. (U.S.), Parker Hannifin Corporation (U.S.), Lufthansa Technik AG (Germany), Hong Kong Aircraft Engineering Company (Hong Kong), Bauer, Inc. (Netherlands), Beringer Aero (France), and Grove Aircraft Landing Gear Systems Inc. (U.S.).

TABLE OF CONTENTS

1 INTRODUCTION 18

1.1 OBJECTIVES OF THE STUDY 18

1.2 MARKET DEFINITION 18

1.3 STUDY SCOPE 19

1.3.1 MARKETS COVERED 19

1.3.2 REGIONAL SCOPE 20

1.3.3 YEARS CONSIDERED FOR THE STUDY 20

1.4 CURRENCY & PRICING 21

1.5 LIMITATIONS 21

1.6 MARKET STAKEHOLDERS 21

2 RESEARCH METHODOLOGY 22

2.1 RESEARCH DATA 22

2.1.1 SECONDARY DATA 24

2.1.1.1 Key data from secondary sources 24

2.1.2 PRIMARY DATA 25

2.1.2.1 Key data from primary sources 25

2.1.2.2 Breakdown of primaries 26

2.2 FACTOR ANALYSIS 27

2.2.1 INTRODUCTION 27

2.2.2 DEMAND-SIDE INDICATORS 27

2.2.2.1 Increase in air passenger traffic 28

2.2.3 SUPPLY-SIDE INDICATORS 29

2.2.3.1 Technological developments in landing gear systems 29

2.3 MARKET SIZE ESTIMATION 29

2.3.1 BOTTOM-UP APPROACH 30

2.3.2 TOP-DOWN APPROACH 31

2.4 DATA TRIANGULATION 32

2.5 RESEARCH ASSUMPTIONS 33

3 EXECUTIVE SUMMARY 34

4 PREMIUM INSIGHTS 39

4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE AIRCRAFT BRAKE SYSTEM MARKET 39

4.2 AIRCRAFT BRAKE SYSTEM MARKET, BY COMPONENT 39

4.3 AIRCRAFT BRAKE SYSTEM MARKET, BY FIT 40

Contact:

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Market Research Report Store

Tel: +00-1-626-3463946 - U.S

Email: Ann@marketresearchreportstore.com

Email: info@marketresearchreportstore.com

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About Us

Since the establishment, Market Research Report Store has determined to take the online market research reports platform to the next level. With our passion and profession, we are designed to be the best among the bests.

Market Research Report Store is one of the most fast-growing and professional online platforms for industry reports, market reports, and professional surveys. Our collection covers more than 100 global markets. We have cooperated with leading publishers and consultant companies to offer the best market intelligence products to our clients with instant access to our database.

Press Information
Market Research Report Store
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Ann
Sales
+00-1-626-3463946 - U.S
email
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