Commercial Aircraft Carbon Brakes Market: Renovating Aging Landing Gears to Boost Growth

The Commercial Aircraft Carbon Brakes Market size is projected to grow up to USD 217.01 million, accelerating at a CAGR of about 3.36% till 2025. The increased preference for reducing operational and maintenance costs of airlines will drive the commercial aircraft carbon brakes market growth during the forecast period.  Technavio's research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends, and challenges that are likely to impact market growth. Unlock Sample Report

Commercial Aircraft Carbon Brakes Market: Market Dynamics

Technavio has identified that the growing procurement of new-generation aircraft in APAC will propel the establishment of regional MRO and manufacturing centers as one of the key factors that will drive this market. In addition, factors such as the increased preference for reducing operational and maintenance costs of airlines, and renovating aging landing gears will increase the market growth.

However, the technical constraints in operating carbon brakes will hamper the commercial aircraft carbon brakes market during the forecast period.  

Commercial Aircraft Carbon Brakes Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Type (Narrow-body aircraft, Wide-body aircraft, and Regional jet) and Geography (North America, Europe, APAC, MEA, and South America). 

 The commercial aircraft carbon brakes market share growth in the narrow-body aircraft segment has been significant during the forecast period. 35% of the market’s growth will originate from North America. The increased preference for reducing operational and maintenance costs of airlines is one of the key drivers for the commercial aircraft carbon brakes market in North America. The US is a key market for commercial aircraft carbon brakes in North America. 

Commercial Aircraft Carbon Brakes Market: Vendor Analysis

• The market is fragmented due to the presence of several players and the degree of fragmentation will accelerate during the forecast period.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• Crane Co., Honeywell International Inc., Meggitt Plc, Mersen Corporate Services SAS, Parker Hannifin Corp., Raytheon Technologies Corp., RUBIN AVIATION Corp., Safran SA, SGL Carbon SE, and THERMOCOAX SAS are some of the major market participants.
• To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. Download the PDF Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerating at a CAGR of about 3.36%.
2. What is the incremental growth of the market?
   The market is expected to grow up to USD 217.01 million during 2020-2025.
3. What is a key factor driving this market?
   Growing procurement of new-generation aircraft in APAC will propel the establishment of regional MRO and manufacturing centers will drive market growth over the forecast period.
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.
5. Which is the leading geographic region for this market?
   35% growth will originate from North America.
6. Who are the leading market vendors?
   The leading vendors in this market are Crane Co., Honeywell International Inc., Meggitt Plc, Mersen Corporate Services SAS, Parker Hannifin Corp., Raytheon Technologies Corp., RUBIN AVIATION Corp., Safran SA, SGL Carbon SE, and THERMOCOAX SAS.
7. What are the market segments covered in this report?
   The market is segmented by Type (Narrow-body aircraft, Wide-body aircraft, and Regional jet) and Geography (North America, Europe, APAC, MEA, and South America).