Aircraft Carbon Brake Disc Market: Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The global Aircraft Carbon Brake Disc Market seize is valued at USD 1,136.23 million in 2022. And is projected to grow at CAGR of 6% during the forecast period.
Aircraft Carbon Brake Disc Market Overview:
Aircraft Carbon Brake Disc is generally used to slow down the aircraft when landing and rolling on the runway. It is a necessary component to ensure the safety and direction control of the aircraft during ground operations such as taxiing, landing and takeoff. Aircraft carbon brakes with discs are common in small and light aircraft. A non-rotating caliper bolted to the undercarriage shaft helps apply the brakes as the sides of the discs rub against each other. However, a single disc proved unsuitable for applying the brakes. Earlier, disc brakes were used in aircraft and consisted of a disc that rotated with the wheel assembly, while a fixed caliper resisted rotation by creating friction against the disc when the brakes were applied. However, due to the introduction of new technologies and innovations, electric braking systems have become more popular. This carbon fiber braking system provides anti-skid protection and fully integrated brake control, including emergency and parking brake functions by combining brake-by-wire control technology with electromechanical brake actuation. Thus, two discs are bolted to the wheels of the aircraft's carbon brakes, with the double disc surrounding the center bracket between the discs. The presence of linings on both sides makes the brake contact with all the discs during use, making the braking safer, making the double disc aircraft carbon brakes very suitable for large and heavy aircraft. Moreover, increasing air passenger demand has led to increased demand for aircraft, thereby driving the growth of the aircraft carbon brake disc market.
Aircraft Carbon Brake Disc market size estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Aircraft Carbon Brake Disc market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crisis.
The global Aircraft Carbon Brake Disc market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Top Key Players include in the Aircraft Carbon Brake Disc Market are
Safran, Meggitt, Honeywell, UTC Aerospace Systems, Xi`an Aviation Brake Technology, Chaoma Technology, Rubin Aviation Corporation JSC, Hunan Boyun New Materials, Beijing Beimo Gaoke Friction Material, Yantai Luhang Carbon Materials, SGL Group, Lantai Avia, and other
- For 2021, Meggitt PLC has launched a new range of carbon brake discs for regional and business aircraft. New brake discs are designed to reduce weight and improve fuel economy while providing increased durability and longer life.
- In 2020, Safran Landing Systems announced that it had signed a contract with Air France to supply carbon brake discs for the Airbus A320neo aircraft. The contract includes supply of over 1,000 carbon brake discs over 10 years.
- In 2019, Brembo S.p.A. acquired the aviation brake disc division of AIM Aerospace Inc. This acquisition strengthens Brembo's position in the aircraft carbon brake disc market and expands its product portfolio.
- In 2018, Honeywell International Inc. announced that it had signed a contract with Turkish Aerospace Industries to supply carbon brake discs for the company's new Hurkus-C military training aircraft. The contract includes supply of 411 brake discs over 5 years.
The Aircraft Carbon Brake Disc market research report is categorized based on type, applications and region.
On the Basis of Type:
- Commercial Brake Disc
- Military Brake Disc
On the Basis of Application:
On the Basis of Region:
Geographically, the global Aircraft Carbon Brake Disc market has been analyzed in various regions such as North America, Latin America, Middle East, Asia-Pacific, Africa, Europe, and India. The global Aircraft Carbon Brake Disc region is dominating this market in the upcoming future.
The boom in commercial aircraft operations in both developed and developing countries will boost the global aircraft carbon brake disc market, with the U.S. handling most of the aerospace business across the globe.
North America has held the largest market share in recent years and is expected to grow at a CAGR of 5.1% during the forecast period. The aircraft production in the region has been growing rapidly and is likely to dominate the market share of aircraft carbon brake discs in the coming years.
Based on disclosed statistics, the International Air Transport Association (IATA) highlighted that the Asia-Pacific region is expected to lead air traffic over the next two decades, which could favor the larger aircraft that prevail in the market.
Fleet production in Asia Pacific is likely to grow by 40% in the next few years. The region is expected to witness substantial growth over the estimated study period.
Europe had a market revenue share of $340 million in the base year. The Europe region is expected to make significant gains in market share and is likely to facilitate massive growth over the forecast period.
They keep pace with North America and Asia Pacific in terms of innovation and technological developments in the aircraft industry.
Further the regions are divided into countries as follows
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Aircraft Carbon Brake Disc Market report scope
CAGR of 6% during the forecast period.
Commercial Brake Disc, Military Brake Disc
Safran, Meggitt, Honeywell, UTC Aerospace Systems, Xi`an Aviation Brake Technology, Chaoma Technology, Rubin Aviation Corporation JSC, Hunan Boyun New Materials, Beijing Beimo Gaoke Friction Material, Yantai Luhang Carbon Materials, SGL Group, Lantai Avia
Regions and Countries Covered
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Aircraft Carbon Brake Disc market?
Who are the key vendors of the global Aircraft Carbon Brake Disc market?
What are the leading key industries of the global Aircraft Carbon Brake Disc market?
Which factors are responsible for driving the global Aircraft Carbon Brake Disc market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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