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Aircraft Braking System Market Trends

Report ID: GMI5100
Published Date: Oct 2023
Report Format: PDF

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Aircraft Braking System Market Trends

The development of electro-mechanical braking systems is a notable trend. They are crucial for electric & hybrid-electric aircraft as they offer precise control and the ability to recover energy during braking, thus enhancing overall efficiency. These systems provide regenerative braking, converting kinetic energy into electrical energy that can be stored or used to power other aircraft systems. Electro-mechanical brakes are pivotal in supporting the growth of environmentally friendly electric propulsion technologies while also providing a safer and more reliable braking solution.

A trend toward integrated brake control systems is emerging, featuring seamless integration with aircraft avionics and data networks. This allows for real-time monitoring of brake system performance, which enhances safety and simplifies maintenance. These systems enable predictive maintenance by collecting and analyzing data from the brake system, helping operators identify & address issues before they become critical. The integration of braking systems with other aircraft systems streamlines operation, improves safety, and reduces downtime, contributing to enhanced operational efficiency in the aviation industry.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for aircraft braking system was USD 6.8 billion in 2022 and is anticipated to grow at over 4% CAGR from 2023 to 2032 attributed to the global surge in air travel, driven by rising disposable incomes, urbanization, and the growing middle-class population.

The fixed-wing segment held more than 40% share of the aircraft braking system industry in 2022 and is expected to witness high demand through 2032 owing to the expansion of commercial aviation and the increasing number of passenger aircraft.

North America industry for aircraft braking system accounted for more than 30% revenue share in 2022 and is expected to witness substantial growth up to 2032 owing to the presence of the robust aviation industry including major aircraft manufacturers and airlines & suppliers.

Some of the leading companies engaged in the aircraft braking system industry are Beringer Aero, Collins Aerospace, Crane Co., Honeywell International Inc., Meggitt PLC, Parker-Hannifin Corporation, and Safran.