Industry Background:
An aircraft disc brake uses calipers to press pairs of pads against a disc in order to create friction against pads. Aircraft Brake Discs is the most important part of the aircraft braking systems. There are two kinds of airplane brake disc namely powder metallurgy brakes and carbon brakes. In this market, the manufacturer uses a carbon braking system generally in order to check a safe and reliable braking system. For example, recently, Airbus S.A.S signed Memorandum of Understanding (MoU) with Safran and Honeywell in order to develop EGTS for A320 aircraft. This first landing gear wheels are generally equipped with motors in order to provide the maximum profit to an effective braking system. Therefore, the increasing usages of aircraft for commercial as well as private phenomena are boosting the market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Dunlop (United States), Meggitt Airplane Braking Systems (United Kingdom), Messier-Bugatti(France), Honeywell (United States), Collins Aerospace (United States), RUBIN AVIATION CORPORATION (Russia), SGL Group (Germany) and Univair Aircraft Corporation (United States) |
This growth is primarily driven by Increase in the Business of Air Travelers Worldwide in Current Years has led to the rise in the Demand for Aircrafts and Rising Need for Modern Aircraft Equipped with Advanced Technologies Throughout the World.
Globally, a noticeable market trend is evident Advancement in the Aerospace Technology Major Manufacturers, such as Dunlop (United States), Meggitt Airplane Braking Systems (United Kingdom), Messier-Bugatti(France), Honeywell (United States), Collins Aerospace (United States), RUBIN AVIATION CORPORATION (Russia), SGL Group (Germany) and Univair Aircraft Corporation (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Some of the leading players in the market are Dunlop, Meggitt Airplane Braking Systems, Messier-Bugatt, and others. Market leaders are focusing on technological integration in the aircraft disc brakes, and increasing sales of automotive in emerging economies such as India, China, and others generating lucrative opportunities in the automotive armrest market.
Key Developments in the Market:
In May 2021, HAECO Hong Kong, a member of the HAECO Group, announced that it has extended its long-term agreement with German cargo airline AeroLogic GmbH (AeroLogic). Under the new agreement, HAECO Hong Kong is expected to provide heavy maintenance services to AeroLogic’s Boeing 777-200 freighter fleet between 2021 and 2024, covering the current fleet of 18 Boeing 777F aircraft., Additionally, and In September 2018, Wabco joined a new joint venture for vehicle control systems with FAW Jiefang Automotive Company in order to provide advance the safety and efficiency of commercial vehicles in the Chinese market. Under this joint venture, the companies will aim and start the production of Wabco’s advanced MAXXTM single-piston Air Disc Brake (ADB) from 2019.
In August 2018, Knorr-Bremse introduced and launched two new disc brakes namely SYNACT and NEXTT, for future generations of heavy-duty commercial vehicles. SYNACT attains new dimensions of performance and weight. With a stronger but lighter caliper and smooth-running internal mechanics, the full braking torque of 30 kNm remains available even during prolonged braking maneuvers.
Regulatory Insights:
The FAA examined the methodology used to determine acceptable brake wear limits for aeroplanes in the transport category. Brake wear limitations were discovered to be necessary during certification to ensure that totally worn brakes perform correctly during a maximum KE RTO
Influencing Trend:
Advancement in the Aerospace Technology
Market Growth Drivers:
Increase in the Business of Air Travelers Worldwide in Current Years has led to the rise in the Demand for Aircrafts and Rising Need for Modern Aircraft Equipped with Advanced Technologies Throughout the World
Challenges:
Issue Related Towards Freezing of Air Brakes at Low Temperature
Restraints:
Fluctuations in the Raw Material Prices of these Discs and High Cost of Air Brakes over Hydraulic Brakes
Opportunities:
The Increasing Demand for Aircraft is Expanding the Need for Aircraft Brake Systems and Rising Number of People who Travel Across the World
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Aircraft Brake Discs Market
- Analysis about New Entrants in Aircraft Brake Discs Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Aircraft Brake Discs Study Sheds Light on
The Aircraft Brake Discs Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Aircraft Brake Discs industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Aircraft Brake Discs industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.