Aircraft Brakes Market Size to Perceive a Thriving Growth by 2025 Interpreted by a New Report


(MENAFN- Ameliorate Solutions) Posted on September 27, 2021 by market Insights Reports Aircraft Brakes Market Size to Perceive a Thriving Growth by 2025 Interpreted by a New Report

Aircraft Brakes Market by Component, Application, Services, and Region- Forecast to 2025

The Aircraft Brakes market size is projected to reach US$ 2440.4 million by 2025, from US$ 1616.9 million in 2020, at a CAGR of 6.1% during 2021-2027.

The Global Aircraft Brakes Market Research Report 2021-2025 is a significant source of keen information for business specialist. A report published by Market Insights Reports is an overall investigation and thorough information in regards to the market size and market elements of the Aircraft Brakes. It furnishes the business outline with development, historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the worth chain and its wholesaler examination. The Aircraft Brakes market study gives extensive information which upgrades the agreement, degree, and use of this report. This is a latest report, covering the COVID-19 impact on the market.

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Industry News On Aircraft Brakes market-

Aerospace braking systems serve a sometimes underappreciated but vital function – without them, an aircraft can't taxi, takeoff or land.

Carbenix Commercial Brakes, Honeywell's latest generation of carbon friction material, offer a cost-effective solution with enhanced durability and stopping performance. From the long-life heatsink solution for the Boeing 777 to the record-setting energies and titanium braking components for the Airbus A380, Honeywell has applied its extensive history of wheel and brake design to equip the industry's most popular commercial aircraft.

Building on our expertise with Carbenix friction materials, Honeywell wheels and braking systems provides advanced, integrated system design, patented anti-oxidant protection systems and global service and support to the industry's top OEM airframers and airlines.

Aircraft brakes operate in extremely severe environments. For example, the energy absorbed when a wide-body aircraft lands is equivalent to the energy in a lightning bolt. During a rejected takeoff (RTO) stop, carbon brakes can reach temperatures of over 1,800 degrees Celsius.

Airlines also face operation under increasingly demanding conditions – runway congestion initiatives, noise regulations and the constant drive for lower fuel and maintenance costs all contribute to a harsh environment for brakes. Using Honeywell’s Carbenix friction materials, our range of carbon brakes provide high reliability, improved weight savings and lower costs. Honeywell is constantly investing in advanced friction and anti-oxidant materials as well as new data-enabled services to improve performance and lower the total cost of ownership.

Recent Developments –

  • 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.
  • In May 2020, Collins Aerospace continues to help C-130 operators reduce maintenance time and cost with its long-lasting wheels and carbon brakes. The business, a unit of Raytheon Technologies (NYSE: RTX), announced the completion of its first upgrade of the U.S. Navy's fleet of C-130T and KC-130T aircraft with new wheels and brakes.
  • In April 2020, Honeywell and GKN Aerospace's Fokker Landing Gear business in the Netherlands has signed a license and parts supply agreement for an authorized service center for Honeywell's wheels and brakes on the F-35 military fighter jet.

Top Companies in the Global Aircraft Brakes Market are – Honeywell, Safran, UTC, Meggitt, Parker Hannifin, Crane Aerospace, Beringer Aero, Matco Manufacturing, Lufthansa Technik, Jay-Em Aerospace & Machine, Grove Aircraft Landing Gear Systems,

Aircraft Brakes Market Segmentation:

This report fragments the Global Aircraft Brakes Market based on Types are-

Carbon Brakes

Expander Tube Brakes

Other

Based on Application, the Global Aircraft Brakes Market are divided into-

Civil Aircraft

Military Aircraft

Prime Takeaways on Aircraft Brakes Market Report:

  • Value chain analysis, which is combined with competitive landscape of key players of the Aircraft Brakes market.
  • Market size and forecast of the Aircraft Brakes market for the period from 2021 to 2025.
  • Global presence of the market, market dynamics and evaluation by upstream and downstream of raw materials.
  • CAGR% for individual segments in various regional markets for a period from 2021 to 2025.
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    Geographic Coverage of Aircraft Brakes Market Report-

    The Aircraft Brakes report contains detailed country-level analysis, market revenue, market value and forecast analysis of Aircraft Brakes Market (2016-2025) of these regions are covered:

    • North America (the United States, Canada, and Mexico)
    • Europe (Germany, France, UK, Russia, and Italy)
    • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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