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Global Aircraft Braking Systems Market 2019-2023

Global Aircraft Braking Systems Market 2019-2023

Global Aircraft Braking Systems Market: About this market

Aircraft braking systems are used to bring an aircraft to a halt during landing. Technavio’s aircraft brake system market analysis considers the application of brake systems in commercial aviation, military aviation, and general aviation. Our analysis also considers the adoption of aircraft brake systems in APAC, Europe, MEA, North America, and South America. In 2018, the commercial aviation segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing consumer preference for air-travel will play a significant role in the commercial aviation segment to maintain its market position. Also, our global aircraft brake system market looks at factors such as the growth of commercial and general aviation, increasing demand for brakes for new and existing aircraft, rising spending on air defense capabilities, and innovative product offering by vendors. However, grounding of aircraft fleets, the growing popularity of alternate braking systems onboard an aircraft, and increase of useful life of aircraft braking systems by service providers may hamper the growth of the aircraft brake system industry over the forecast period.

Global Aircraft Braking Systems Market: Overview

Innovative product offerings by vendors

Vendors in the aircraft brake system market are consistently developing new materials to produce components, including brake systems that offer the same functionality with reduced weight. For instance, aircraft operators are replacing traditional steel brakes with carbon brakes. Carbon brakes allow higher braking forces and reduce braking distance on runways. Adopting carbon brakes is helping aircraft operators in reducing their overall operational and maintenance costs. Many such technological advancements in braking systems are expected to accelerate the growth of the global aircraft brake system market size at a CAGR of around 7% during the forecast period.

Leading aircraft equipment manufacturers engaging in mergers and acquisitions (M&As)

Aircraft component manufacturers are adopting inorganic strategies such as M&As to strengthen their position in the global aircraft manufacturing industry. For instance, Safran recently acquired Zodiac Aerospace to become one of the world’s largest aerospace equipment manufacturing companies. Many such M&A activities among vendors will have a positive impact on the growth of the global aircraft brake system market size.

For the detailed list of factors that will drive the global aircraft brake system market size during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few players, the global aircraft brake system market is fairly concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several aircraft brake system manufacturers, that include Honeywell International Inc., Meggitt PLC, Parker Hannifin Corp., Safran SA, and United Technologies Corp.

Also, the aircraft brake system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global aircraft market
      • Table Segments of global aircraft market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Applicaton - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Commercial aviation - Market size and forecast 2018-2023
      • Table Commercial aviation - Market size and forecast 2018-2023 ($ millions)
      • Table Commercial aviation - Year-over-year growth 2019-2023 (%)
    • Military aviation - Market size and forecast 2018-2023
      • Table Military aviation - Market size and forecast 2018-2023 ($ millions)
      • Table Military aviation - Year-over-year growth 2019-2023 (%)
    • General aviation - Market size and forecast 2018-2023
      • Table General aviation - Market size and forecast 2018-2023 ($ millions)
      • Table General aviation - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Aircraft manufacturers and deliveries in 2017 and 2018
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing interest of aircraft manufacturers in the development of electric aircraft
    • Leading aircraft equipment manufacturers engaging in mergers and acquisitions (M&A)
    • Escalation of trade war between major exporting and importing countries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Key customers
    • Meggit PLC
      • Table Meggit PLC - Vendor overview
      • Table Meggit PLC - Business segments
      • Table Meggit PLC - Organizational developments
      • Table Meggit PLC - Geographic focus
      • Table Meggit PLC - Segment focus
      • Table Meggit PLC - Key offerings
      • Table Meggit PLC - Key customers
    • Parker Hannifin Corp.
      • Table Parker Hannifin Corp. - Vendor overview
      • Table Parker Hannifin Corp. - Business segments
      • Table Parker Hannifin Corp. - Organizational developments
      • Table Parker Hannifin Corp. - Geographic focus
      • Table Parker Hannifin Corp. - Segment focus
      • Table Parker Hannifin Corp. - Key offerings
    • Safran SA
      • Table Safran SA - Vendor overview
      • Table Safran SA - Business segments
      • Table Safran SA - Organizational developments
      • Table Safran SA - Geographic focus
      • Table Safran SA - Segment focus
      • Table Safran SA - Key offerings
      • Table Safran SA - Key customers
    • United Technologies Corp.
      • Table United Technologies Corp. - Vendor overview
      • Table United Technologies Corp. - Business segments
      • Table United Technologies Corp. - Organizational developments
      • Table United Technologies Corp. - Geographic focus
      • Table United Technologies Corp. - Segment focus
      • Table United Technologies Corp. - Key offerings
      • Table United Technologies Corp. - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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