This Aircraft Brake System market report covers market characteristics, size & growth, segmentation, regional & country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The aircraft brake system market size has grown strongly in recent years. It will grow from $10.29 billion in 2024 to $11.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to aircraft fleet expansion, regulatory standards, commercial air travel, the increase in global air travel, military modernization.
The aircraft brake system market size is expected to see strong growth in the next few years. It will grow to $15.51 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to electric and hybrid aircraft, urban air mobility, remote and unmanned aircraft, space tourism and exploration, green aviation initiatives. Major trends in the forecast period include technological advancements, electro-mechanical braking, advanced friction materials, wireless brake monitoring, advanced anti-skid technology.
The expansion of both commercial and defense aircraft fleets is anticipated to drive the growth of the aircraft brake system market in the foreseeable future. The aircraft fleet refers to the total number of airplanes operated by a specific airline. As this fleet expands, there is a corresponding need to install additional braking systems in new aircraft and replace existing braking systems. According to Boeing's commercial market outlook for 2021-2040, the global commercial fleet is projected to surpass 49,000 airplanes by 2040. This significant increase in the fleet size of commercial and defense aircraft serves as a key driver for the aircraft braking system market.
Anticipated growth in passenger air traffic is poised to fuel the expansion of the aircraft brake system market. Passenger air traffic is a measure of the increasing number of individuals traveling by air, quantifiable through factors such as the number of passengers carried by airlines, flight frequency, and the generated revenue within the air travel industry. The aircraft brake system plays a pivotal role in ensuring a comfortable and secure environment for passengers during flights. Notably, in February 2023, the International Air Transport Association (IATA) reported a 152.7% increase in international passenger traffic in 2022 compared to 2021. Specifically, Asia-Pacific airlines witnessed a substantial 363.3% rise in international traffic throughout 2022 compared to the previous year, maintaining the highest year-over-year rate among regions. Thus, the escalating passenger air traffic significantly drives the demand for the aircraft cabin lighting market.
Strategic partnerships and collaborations are influencing the aircraft brake system market. These alliances enable partners to develop innovative solutions for their customers, explore new markets, and combine valuable expertise and resources. For instance, in July 2024, TT Electronics, a UK-based electronics manufacturer, formed a partnership with Parker Hannifin Corporation, a U.S.-based motion and control technology company. This collaboration aims to produce complex electronic assemblies for commercial aircraft braking systems through 2027. It also highlights the increasing demand and growth opportunities within the commercial aerospace sector, along with the ongoing renewal of global aircraft fleets.
Leading companies in the aircraft brake system market are pioneering innovative solutions, including the development of carbon brake systems, to enhance high-performance braking capabilities. Carbon brake systems, also known as carbon brakes, utilize a composite material comprising carbon fiber reinforced with a graphite matrix. For example, in February 2022, Collins Aerospace, a US-based aerospace company, introduced a carbon aircraft brake disc designed for aircraft of varying sizes and configurations. The material utilized in these brakes is a type of carbon engineered under the name DURACARB. Carbon-carbon brake discs possess a density ranging from one-fourth to one-fifth of steel, resulting in a significantly lighter product. This weight reduction contributes to lighter aircraft, potentially reducing fuel consumption and increasing payload capacity.
In September 2022, Kaman Corporation, a U.S.-based aviation company, acquired Parker-Hannifin Corporation for an undisclosed amount. This acquisition enhances Kaman's portfolio of engineered products, bolstering its ability to serve various aerospace and defense sectors. The deal is consistent with Kaman's strategy to drive growth by leveraging its expertise in solutions-based business models. Parker-Hannifin Corporation is a U.S.-based company that offers braking products for the aerospace industry.
Major companies operating in the aircraft brake system market include Honeywell International Inc., Safran Landing Systems, Raytheon Technologies Corporation, Parker-Hannifin Corporation, Crane Aerospace & Electronics., Beringer Aero a subsidiary of Beringer SAS, MATCO Manufacturing Inc., Grove Aircraft Landing Gear Systems Inc., Jay-Em Aerospace & Machine Inc., Bauer Inc., Nasco Aircraft Brake Inc., AAR Corp., Lufthansa Technik AG, UTC Aerospace Systems, Dunlop Aircraft Tyres Ltd., Goodyear Aviation., Michelin Aircraft Tire Company LLC., Aircraft Braking Systems Corporation., Carlisle Companies Incorporated, Rapco Fleet Support Inc., SGL Carbon SE, Wilwood Engineering Inc., Brembo S.p.A., Hindustan Aeronautics Limited, Magellan Aerospace Corporation, Meggitt Aircraft Braking Systems Corporation.
The aircraft brake system is designed to halt a moving aircraft by converting kinetic energy into heat energy through friction between discs located in the brake systems integrated into the wheels. This critical function is essential during take-off, landing, and taxiing, ensuring that airplanes can be brought to a stop within the specified length of the runway.
Key components of an aircraft brake system include braking system components, brakes, and wheels. The wheels bear the entire weight of the aircraft during takeoff and landing, with the brake systems attached to them. Aircraft wheels come in single-piece and two-piece configurations, with a removable rim facilitating tire installation access. Actuation types include power brake, boosted brake, and independent brake, with applications across various aircraft types such as fixed-wing, rotary-wing, and unmanned aerial vehicles. Brake types encompass carbon brakes, steel brakes, and others, catering to diverse end-users including commercial aircraft and defense aircraft.
The aircraft brake system market research report is one of a series of new reports that provides aircraft brake system market statistics, including aircraft brake system industry global market size, aircraft brake system market regional shares, competitors with aircraft brake system market share, detailed aircraft brake system market segments, aircraft brake system market trends and opportunities, and any further data you may need to thrive in the aircraft brake system industry. This aircraft brake system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the aircraft brake system market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft brake system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the aircraft brake system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The aircraft brake system market consists of sales of single, dual, and multiple disc brake systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The aircraft brake system market size has grown strongly in recent years. It will grow from $10.29 billion in 2024 to $11.18 billion in 2025 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to aircraft fleet expansion, regulatory standards, commercial air travel, the increase in global air travel, military modernization.
The aircraft brake system market size is expected to see strong growth in the next few years. It will grow to $15.51 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to electric and hybrid aircraft, urban air mobility, remote and unmanned aircraft, space tourism and exploration, green aviation initiatives. Major trends in the forecast period include technological advancements, electro-mechanical braking, advanced friction materials, wireless brake monitoring, advanced anti-skid technology.
The expansion of both commercial and defense aircraft fleets is anticipated to drive the growth of the aircraft brake system market in the foreseeable future. The aircraft fleet refers to the total number of airplanes operated by a specific airline. As this fleet expands, there is a corresponding need to install additional braking systems in new aircraft and replace existing braking systems. According to Boeing's commercial market outlook for 2021-2040, the global commercial fleet is projected to surpass 49,000 airplanes by 2040. This significant increase in the fleet size of commercial and defense aircraft serves as a key driver for the aircraft braking system market.
Anticipated growth in passenger air traffic is poised to fuel the expansion of the aircraft brake system market. Passenger air traffic is a measure of the increasing number of individuals traveling by air, quantifiable through factors such as the number of passengers carried by airlines, flight frequency, and the generated revenue within the air travel industry. The aircraft brake system plays a pivotal role in ensuring a comfortable and secure environment for passengers during flights. Notably, in February 2023, the International Air Transport Association (IATA) reported a 152.7% increase in international passenger traffic in 2022 compared to 2021. Specifically, Asia-Pacific airlines witnessed a substantial 363.3% rise in international traffic throughout 2022 compared to the previous year, maintaining the highest year-over-year rate among regions. Thus, the escalating passenger air traffic significantly drives the demand for the aircraft cabin lighting market.
Strategic partnerships and collaborations are influencing the aircraft brake system market. These alliances enable partners to develop innovative solutions for their customers, explore new markets, and combine valuable expertise and resources. For instance, in July 2024, TT Electronics, a UK-based electronics manufacturer, formed a partnership with Parker Hannifin Corporation, a U.S.-based motion and control technology company. This collaboration aims to produce complex electronic assemblies for commercial aircraft braking systems through 2027. It also highlights the increasing demand and growth opportunities within the commercial aerospace sector, along with the ongoing renewal of global aircraft fleets.
Leading companies in the aircraft brake system market are pioneering innovative solutions, including the development of carbon brake systems, to enhance high-performance braking capabilities. Carbon brake systems, also known as carbon brakes, utilize a composite material comprising carbon fiber reinforced with a graphite matrix. For example, in February 2022, Collins Aerospace, a US-based aerospace company, introduced a carbon aircraft brake disc designed for aircraft of varying sizes and configurations. The material utilized in these brakes is a type of carbon engineered under the name DURACARB. Carbon-carbon brake discs possess a density ranging from one-fourth to one-fifth of steel, resulting in a significantly lighter product. This weight reduction contributes to lighter aircraft, potentially reducing fuel consumption and increasing payload capacity.
In September 2022, Kaman Corporation, a U.S.-based aviation company, acquired Parker-Hannifin Corporation for an undisclosed amount. This acquisition enhances Kaman's portfolio of engineered products, bolstering its ability to serve various aerospace and defense sectors. The deal is consistent with Kaman's strategy to drive growth by leveraging its expertise in solutions-based business models. Parker-Hannifin Corporation is a U.S.-based company that offers braking products for the aerospace industry.
Major companies operating in the aircraft brake system market include Honeywell International Inc., Safran Landing Systems, Raytheon Technologies Corporation, Parker-Hannifin Corporation, Crane Aerospace & Electronics., Beringer Aero a subsidiary of Beringer SAS, MATCO Manufacturing Inc., Grove Aircraft Landing Gear Systems Inc., Jay-Em Aerospace & Machine Inc., Bauer Inc., Nasco Aircraft Brake Inc., AAR Corp., Lufthansa Technik AG, UTC Aerospace Systems, Dunlop Aircraft Tyres Ltd., Goodyear Aviation., Michelin Aircraft Tire Company LLC., Aircraft Braking Systems Corporation., Carlisle Companies Incorporated, Rapco Fleet Support Inc., SGL Carbon SE, Wilwood Engineering Inc., Brembo S.p.A., Hindustan Aeronautics Limited, Magellan Aerospace Corporation, Meggitt Aircraft Braking Systems Corporation.
The aircraft brake system is designed to halt a moving aircraft by converting kinetic energy into heat energy through friction between discs located in the brake systems integrated into the wheels. This critical function is essential during take-off, landing, and taxiing, ensuring that airplanes can be brought to a stop within the specified length of the runway.
Key components of an aircraft brake system include braking system components, brakes, and wheels. The wheels bear the entire weight of the aircraft during takeoff and landing, with the brake systems attached to them. Aircraft wheels come in single-piece and two-piece configurations, with a removable rim facilitating tire installation access. Actuation types include power brake, boosted brake, and independent brake, with applications across various aircraft types such as fixed-wing, rotary-wing, and unmanned aerial vehicles. Brake types encompass carbon brakes, steel brakes, and others, catering to diverse end-users including commercial aircraft and defense aircraft.
The aircraft brake system market research report is one of a series of new reports that provides aircraft brake system market statistics, including aircraft brake system industry global market size, aircraft brake system market regional shares, competitors with aircraft brake system market share, detailed aircraft brake system market segments, aircraft brake system market trends and opportunities, and any further data you may need to thrive in the aircraft brake system industry. This aircraft brake system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the aircraft brake system market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft brake system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The countries covered in the aircraft brake system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The aircraft brake system market consists of sales of single, dual, and multiple disc brake systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Aircraft Brake System Market Characteristics3. Aircraft Brake System Market Trends and Strategies4. Aircraft Brake System Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics and Covid and Recovery on the Market32. Global Aircraft Brake System Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Aircraft Brake System Market34. Recent Developments in the Aircraft Brake System Market
5. Global Aircraft Brake System Growth Analysis and Strategic Analysis Framework
6. Aircraft Brake System Market Segmentation
7. Aircraft Brake System Market Regional and Country Analysis
8. Asia-Pacific Aircraft Brake System Market
9. China Aircraft Brake System Market
10. India Aircraft Brake System Market
11. Japan Aircraft Brake System Market
12. Australia Aircraft Brake System Market
13. Indonesia Aircraft Brake System Market
14. South Korea Aircraft Brake System Market
15. Western Europe Aircraft Brake System Market
16. UK Aircraft Brake System Market
17. Germany Aircraft Brake System Market
18. France Aircraft Brake System Market
19. Italy Aircraft Brake System Market
20. Spain Aircraft Brake System Market
21. Eastern Europe Aircraft Brake System Market
22. Russia Aircraft Brake System Market
23. North America Aircraft Brake System Market
24. USA Aircraft Brake System Market
25. Canada Aircraft Brake System Market
26. South America Aircraft Brake System Market
27. Brazil Aircraft Brake System Market
28. Middle East Aircraft Brake System Market
29. Africa Aircraft Brake System Market
30. Aircraft Brake System Market Competitive Landscape and Company Profiles
31. Aircraft Brake System Market Other Major and Innovative Companies
35. Aircraft Brake System Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Aircraft Brake System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on aircraft brake system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for aircraft brake system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The aircraft brake system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Braking System Components; Brakes; Wheels2) By Actuation: Power Brake; Boosted Brake; Independent Brake
3) By Brake Type: Carbon Breaks; Steel Breaks; Others
4) By Aircraft Type: Fixed Wing; Rotary Wing; Unmanned Aerial Vehicles
5) By End-User: Commercial Aircraft; Defense Aircraft
Subsegments:
1) By Braking System Components: Brake Control Systems; Anti-Skid Control Units; Brake Actuators; Hydraulic Lines and Fittings; Sensors and Monitoring Systems2) By Brakes: Disc Brakes; Drum Brakes; Carbon Brake Systems; Steel Brake Systems; Emergency Brakes
3) By Wheels: Main Wheels; Nose Wheels; Wheel Assembly Components
Key Companies Mentioned: Honeywell International Inc.; Safran Landing Systems; Raytheon Technologies Corporation; Parker-Hannifin Corporation; Crane Aerospace & Electronics.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Aircraft Brake System market report include:- Honeywell International Inc.
- Safran Landing Systems
- Raytheon Technologies Corporation
- Parker-Hannifin Corporation
- Crane Aerospace & Electronics.
- Beringer Aero a subsidiary of Beringer SAS
- MATCO Manufacturing Inc.
- Grove Aircraft Landing Gear Systems Inc.
- Jay-Em Aerospace & Machine Inc.
- Bauer Inc.
- Nasco Aircraft Brake Inc.
- AAR Corp.
- Lufthansa Technik AG
- UTC Aerospace Systems
- Dunlop Aircraft Tyres Ltd.
- Goodyear Aviation.
- Michelin Aircraft Tire Company LLC.
- Aircraft Braking Systems Corporation.
- Carlisle Companies Incorporated
- Rapco Fleet Support Inc.
- SGL Carbon SE
- Wilwood Engineering Inc.
- Brembo S.p.A.
- Hindustan Aeronautics Limited
- Magellan Aerospace Corporation
- Meggitt Aircraft Braking Systems Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | January 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 11.18 Billion |
Forecasted Market Value ( USD | $ 15.51 Billion |
Compound Annual Growth Rate | 8.5% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |