Market Overview

The global market for aircraft carbon brake discs is anticipated to expand at a CAGR of 6% during the forecast period. The current market valuation for 2022 is US$ 1,136,23 Million. The market for aircraft carbon brake discs is projected to reach a peak value of US$ 2,034,81 Million by 2030.
Aircraft carbon brake discs are utilized to decelerate the aircraft during landing and runway rolling. It is required to assure the safety and control of the aircraft during taxiing, landing, and takeoff, among other ground operations. Small and light aircraft typically feature carbon brakes with discs. As the sides of the discs rub against each other, a non-rotating caliper attached to the undercarriage shaft aids applies the brakes. Nevertheless, a solitary disc proved inadequate for braking. Earlier aircraft brakes consisted of a disc that rotated with the wheel assembly and a fixed caliper that resisted rotation by creating friction against the disc when the brakes were applied. However, as a result of the introduction of new technologies and innovations, electric braking systems have grown in popularity. This carbon fiber braking system provides anti-skid protection and completely integrated brake control, including emergency and parking brake functions, through the combination of brake-by-wire control technology and electromechanical brake actuation. Thus, two discs are attached to the wheels of the aircraft's carbon brakes via bolts, with a double disc enveloping the center bracket between the discs. Double disc aircraft carbon brakes are ideally suited for large and heavy aircraft due to the presence of linings on both sides, which allow the brake to make contact with all discs during operation, resulting in safer deceleration.

The global Aircraft Carbon Brake Disc market is comprised of a professional and precise analysis of various business perspectives, including major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been compiled in accordance with the numerous market segments and subsegments that comprise the global market.

Market Dynamic

Trends: Increased air activities contribute to the expansion

The global market for aircraft carbon brake discs will grow as commercial airplane operations increase in both developed and developing countries. Globally, the vast majority of aerospace labor is performed in developing nations. In addition, the majority of developing nations are expected to have the most air traffic over the next two decades, which is positive for market participants. Also, over the past decade, there has been a significant increase in the number of individuals desiring to travel in luxury and comfort. This is causing companies to adopt more contemporary technologies, which is anticipated to stimulate market growth.

As the number of air passengers in the world rises

 Airlines around the globe desire newer aircraft with more advanced technology in order to meet market demands. In addition, the aircraft industry is producing planes with more advanced systems and components so that consumers receive enhanced service and comfort. Consequently, as the demand for aircraft increases, so does the demand for a carbon brake disc system for aircraft. Due to the need for technological improvements to the current system, the market for carbon brake discs for airplanes has expanded. In addition, the search for a lighter aircraft braking system is fueling growth in the market for airplane carbon brake discs, which will likely contribute to the market's expansion.

Market Drivers

• An increase in commercial aircraft operations and aerial operations in developing nations to support market expansion.
• An increase in air passenger traffic on a global scale will fuel market expansion.

Opportunities  

Growth in Developing Countries Forecasted to Create Abundant

Due to increased investments in the aerospace industry, it is projected that the market for transport carbon brake discs would grow quickly. For example, substantial investments in the development of airports in developing nations such as India, China, Singapore, and Malaysia are anticipated to generate significant growth opportunities for aircraft carbon brake disc manufacturers in Asia-Pacific and other regions. For example, in September 2018, the Indian government spent US$ 60 Billion tripling the number of airports it operates to meet market demand. In addition, the Civil Aviation Administration of China (CAAC) planned in December 2018 to build approximately 26 new airports by the end of 2035 to satisfy the rising demand for air travel throughout the country. By the end of October 2017, China had a total of 234 civil airports, a number that is expected to reach 450 by the end of 2035. This has resulted in a significant increase in the number of aircraft, fostering a robust market for aircraft carbon brake discs.

Analysis of the COVID-19 scenario

• The emergence of a novel corona virus has impacted the global economy, industry dynamics, and the company's top line, which will take a long time to return to normal.
• The entire ecosystem must endure the effects of this pandemic disease, which will cause a significant demand-supply imbalance, production delays, and a decline in consumer demand for end products across industries. In the medium term, the repercussions of COVID-19 will emphasize the need for organizations to automate more rapidly in order to close the productivity disparity.
• COVID-19 is by far the most important factor that will influence the technology automation industry in 2020. It is a test of the ability of companies to withstand extreme disruptions and financial crises.
• COVID-19 is by far the most significant virus that will impact the technology industry in 2020 due to confinement. It is a test of a company's resilience in the face of extreme disruptions.

The global Aircraft Carbon Brake Discs Market includes

During the period between 2022 and 2032, the global market for aircraft carbon brake discs is expected to exhibit a positive outlook. The global market is anticipated to reach $1,136.23 million in 2022 and surge to $2,034.81 million in 2032. In 2021, the global market for aircraft carbon brake discs was valued at approximately $1,071,9M. The market expansion can be attributed to the fact that carbon brake discs are a viable alternative to steel brakes and offer substantial weight savings in comparison to the former. In addition, carbon brake discs are known for their homogenous wear and improved performance as the temperature rises. Consequently, the market valuation is also rising with the passage of time and is anticipated to accelerate in the years to come. 

As an essential component utilized during takeoffs, landings, maneuvering, halting, and landing of aircraft, the global market for aircraft carbon brake discs is experiencing a substantial increase in sales volume. High carbon brake disc rotors are being identified rapidly to ensure the safety of flights, and they also serve as consumer parts by simultaneously releasing the brakes.

Scope of the Aircraft Carbon Brake Disc

Since the 1960s, carbon brake disc technology has been utilized in aircraft braking locations. Carbon brakes are resistant to extreme temperatures and wear. As a result, it has earned the confidence of the world's leading aircraft manufacturers and airlines. Traditional powder metallurgy process brakes were progressively replaced by carbon brakes.

As a form of consumable equipment, the safety of an aircraft's carbon brake is crucial, so its technical specifications are stringent. Carbon prefabricated aircraft brakes have a complex production procedure and a high degree of technical difficulty. In the past, only a handful of aviation equipment manufacturers mastered this technology. Industrial technical requirements are so stringent that only a handful of companies control the market. China acquired the technology after years of exploration and research. A number of domestic manufacturers have begun production at this time.

Market Segmentation

The global market for aircraft braking systems is segmented by product type, deployment type, end use, aircraft type, and region.

The global aircraft braking system market is segmented by product category into carbon brakes and steel brakes. The application of a specific type of aircraft brake depends on the intended operating environment. The primary users of carbon brakes are military and commercial aircraft.

The global aircraft braking system market can be segmented by sales channel into aftermarket. Due to rising demand for the refurbishment of worn brakes in extant fleets, the aftermarket is anticipated to become a segment with rapid growth.       

On the basis of application

The global market for aircraft braking systems can be divided into general aviation, civil aviation, and military aircraft.   

On the basis of type

The global market for aircraft braking systems can be split into narrow-body aircraft, wide-body aircraft, regional jets, freighters, and turboprops.

Regional Insights

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.

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. In the upcoming years, the region's aircraft production, which has been expanding quickly, is projected to control a large portion of the market for aircraft carbon brake discs.

The International Air Transport Association (IATA) underlined that the Asia-Pacific area is predicted to lead air traffic over the next two decades, which could favor the larger planes that currently dominate the market. This prediction was based on facts that were publicly available.

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.

In the base year, Europe's sales share of the market was $340 million. Over the course of the forecast period, the Europe region is anticipated to support tremendous growth and to achieve sizable market share.

They keep pace with North America and Asia Pacific in terms of innovation and technological developments in the aircraft industry.
{{info 2}}
Scope Of The Report

Key Vendors

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 others are among the companies represented.

• Safran

An international high-tech corporation called Safran works in the aerospace, defense, and equipment and interiors areas. Its main goal is to make the world safer and more sustainable by making air travel safer, more enjoyable, and easier to get to. Safran is a global company that has 79,000 workers and is a world or European leader in its core markets, either on its own or in partnership.This company focuses in a variety of industries, including aerospace, defense, engineering, optronics, jet engines, helicopter engines, rocket engines, safety-critical software, inertial guidance, propulsion systems, and aerosystems.

• Honeywell

Honeywell is a Fortune 100 company that comes up with and makes new technologies to solve difficult problems related to global macrotrends like safety, security, and energy. They have about 110,000 workers around the world, including more than 19,000 engineers and scientists. In everything they make and they focus on quality, delivery, value, and technology.

• UTC Aerospace Systems

Every second, a plane takes off with tools made by UTC Aerospace Systems. From space research and defense to today's electric, smarter, and more integrated planes, their systems make modern flight possible. They have more than 41,000 workers in 26 different countries who work at the cutting edge of technology.

Aerospace Systems Integration and Space Systems are among their specialties.

• Beijing Beimo Gaoke Friction Material

Beijing Beimo Gaoke Friction Materials Co., Ltd. was established in 2003. The company makes weapons and equipment like naval, aircraft, antiaircraft, tank, coast, and field artillery.

• Lantai Avia

AVIA is the top partner for digital transformation for healthcare companies in the United States. AVIA offers unique market data, tried-and-true collaborative tools, and consulting based on results to help solve the biggest strategic problems in healthcare. At aviahealth.com, you can find out more about AVIA and stay up to date on the latest digital trends and best practices. The greatest online marketplace for health care leaders to research, assess, and select digital health providers and products is AVIA Connect. Go to connect.aviahealth.com to find out more.

Market Segmentation

Based on type, applications, and geography, the Aircraft Carbon Brake Disc market research study is divided into subgroups.

On the Basis of Type:

• Commercial Brake Disc
• Military Brake Disc

On the Basis of Application:

• OEM
• Aftermarket

The regions are divided into the following countries:

North America

• US
• Canada
• Mexico
• Rest of North America

• Europe
  • Germany
  • France
  • Italy
  • Spain
  • UK
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia-Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia-Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Conclusion

 In this the global Aircraft Carbon Brake Disc Market report the various key trends, drivers, restraints, segmentation insights, key vendors are clarified. General aviation, civil aviation, and military aircraft can be separated from the global market for aircraft braking systems. In 2022, the global market for aircraft carbon brake discs will be worth $1,136,23 million USD. By 2030, the market for aircraft carbon brake discs is projected to attain a value of $2,034,81 million. and is projected to grow at CAGR of 6% during the forecast period. The market for aircraft carbon brake discs has been studied geographically in a number of areas, including North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India. In the near future, the global Aircraft Carbon Brake Disc region will rule this industry.