The Global Aerospace and Defense Carbon Brakes Market: Highlights Brakes are one of the most important components of an aircraft which help an aircraft to safely land, and take off. The brakes should operate and stop the aircraft in different operational environments. During landing, the brakes are required to withstand, absorb, and safely dissipate very high amount of kinetic energy of the decelerating airplane and bring it to a safe halt. Increasing size of the commercial aircraft has led to the increased demand for stronger brakes.
Carbon brakes meet the modern day demand of the aircraft and at the same time, minimize the operation and maintenance costs to accommodate reduced budgets The global aerospace and defense carbon brakes market offers a good growth opportunity and is likely to grow at a 7.6% CAGR during the forecast period of 2016 to 2021. Increasing commercial aircraft deliveries, growing aircraft fleet size, and better operational performance of carbon brakes over steel brakes are some of the key growth drivers of the global carbon brakes market. Commercial aircraft is expected to remain growth engine of the global aerospace and defense carbon brakes market during the forecast period.
Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years. North America is expected to remain the largest market for carbon brakes due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate. The supply chain of this market comprises raw materials suppliers, carbon brake manufacturers, Aircraft OEMs, and Airlines. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airlines are Lufthansa, Delta Air, Air China, and Singapore Airlines. The carbon brakes market is a highly consolidated market.
The key carbon brakes are Safran Landing Systems (Messier-Buggatti-Dowty), UTC Aerospace Systems, Honeywell Aerospace, and Meggitt Aircraft Braking Systems. New product development, regional expansion, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market. The aerospace and defense carbon brakes market is segmented into the following categories.
Global Aerospace and Defense Carbon Brakes Market by Aircraft Type: Commercial Aircraft Regional Aircraft General Aviation Military Aircraft and Others Global Aerospace and Defense Carbon Brakes Market by End Use Type: OEM Aftermarket Global Aerospace and Defense Carbon Brakes Market by Fiber Precursor: PAN Pitch Global Aerospace and Defense Carbon Brakes Market by Manufacturing Process: Chemical Vapor Infiltration Liquid Phase Infiltration Global Aerospace and Defense Carbon Brakes Market by Region: North America Europe Asia – Pacific Rest of the World Source: https://www.stratviewresearch.com/109/aerospace-and-defense-carbon-brakes-market.html.