WILMINGTON, NEW CASTLE, DE, UNITED STATES,17th Sept 2024– The ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ซ๐๐ค๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ report offers an in-depth analysis of the market size, emerging and current trends, future estimations, and key players. An increase in air passenger traffic in the world and a rise in operations in the commercial aviation sector are expected to fuel the global aircraft brake system market. On the other hand, strict regulatory conditions create hindrances to market growth. On the contrary, the usage of advanced technology can offer lucrative market opportunities.
Brake-by-wire systems are being developed to provide electronic control of brake functions, offering precise control and customizable brake profiles. These systems allow for integration with aircraft flight control systems, enabling advanced features such as automatic brake modulation and anti-skid functionality. In addition, there is a growing focus on implementing predictive maintenance solutions for aircraft brake system market size. By leveraging data analytics, sensors, and predictive algorithms, operators can monitor brake system health in real time, anticipate potential failures, and schedule maintenance proactively to minimize downtime and optimize operational efficiency.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
๐๐จ๐ง๐๐ฒ๐ฐ๐๐ฅ๐ฅ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐., ๐๐๐ซ๐ค๐๐ซ-๐๐๐ง๐ง๐ข๐๐ข๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง, ๐๐จ๐ฅ๐ฅ๐ข๐ง๐ฌ ๐๐๐ซ๐จ๐ฌ๐ฉ๐๐๐, ๐๐๐ ๐ ๐ข๐ญ๐ญ ๐๐๐, ๐๐๐ซ๐ข๐ง๐ ๐๐ซ ๐๐๐ซ๐จ, ๐๐ซ๐๐ง๐ ๐๐จ., ๐๐ฎ๐๐ญ๐ก๐๐ง๐ฌ๐ ๐๐๐๐ก๐ง๐ข๐ค ๐๐, ๐๐ก๐ ๐๐๐ซ๐ฅ๐ฒ๐ฅ๐ ๐๐จ๐ก๐ง๐ฌ๐จ๐ง ๐๐๐๐ก๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐๐., ๐๐๐๐ซ๐๐ง, ๐๐๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง
The replacement segment attained the highest market share in 2022 in the aircraft brake system industry due to the fact that many commercial aircraft in service are aging and require regular maintenance, repair, and overhaul (MRO) activities. As aircraft age, their brake systems also wear out and require replacement to ensure continued safe operation. The need for replacement brake systems is particularly significant for older aircraft models, which constitute a substantial portion of the global fleet. Furthermore, commercial aircraft are typically in operation for extended periods each day, leading to frequent wear and tear on brake systems. The high utilization rates of commercial aircraft result in more frequent replacements of brake components and systems due to normal wear and fatigue.
Power Brake segment attained the highest market share in 2022 in the aircraft brake system market size. This is attributed to the fact that Power brakes are predominantly used in larger commercial aircraft, which constitute a significant portion of the global aircraft fleet. Commercial aviation drives a considerable demand for brake systems due to the high frequency of flights, long-haul operations, and heavy payloads. As a result, the power brake segment benefits from the dominance of commercial aviation in the market. Furthermore, power brakes offer superior performance and reliability compared to other types of brake systems, particularly in large aircraft with high landing weights. They are capable of generating greater brake force, providing shorter stopping distances, and handling heavy loads effectively. These characteristics make power brakes the preferred choice for commercial airliners and contribute to their higher market share.
Based on actuation, the power break segment contributed to the highest market share in 2020, attributing to more than two-fifths of the total market share, and is anticipated to dominate the market during the forecast period. The same segment is expected to manifest the fastest CAGR of 5.7% from 2021 to 2030. The report also covers segments such as boosted brake and independent brake.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Based on region, Asia-Pacific, followed by North America, contributed to the highest share in 2020, holding around one-third of the total share, and is anticipated to maintain dominance throughout the forecast period. The global aircraft brake system market size across Asia-Pacific is anticipated to exhibit the fastest CAGR of 6.5% during the forecast period.
Regenerative brake systems are being explored as a means to recover energy during deceleration and braking, thereby improving overall energy efficiency and reducing fuel consumption. These systems convert kinetic energy into electrical energy, which can be stored or used to power auxiliary systems on the aircraft. Moreover, aircraft brake systems are increasingly being integrated with health monitoring systems that enable continuous monitoring of system performance and condition. This integration allows operators to detect abnormalities, diagnose issues, and implement corrective actions in real time, improving safety and reliability.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ :
Based on aircraft type, the fixed-wing segment accounted for the largest market share in 2020, contributing to more than three-fourths of the total share, and is expected to maintain the lead throughout the forecast period. The same segment is estimated to witness the fastest CAGR of 5.3% from 2021 to 2030. The report also covers the rotary wing segment.