Uploaded on Mar 3, 2023
The global aircraft carbon brake disc market is expected to reach USD 1.93 Billion by 2028, according to a new report by Reports and Data. The increase in the business of air travelers worldwide in current years has led to the rise in the demand for aircrafts.
Aircraft Carbon Brake Disc Market To Reach USD 1.93 Billion By 2028
Aircraft Carbon Brake Disc Market
To Reach USD 1.93 Billion By 2028
The global aircraft carbon brake disc market is expected to reach USD 1.93
Billion by 2028, according to a new report by Reports and Data. The increase in
the business of air travelers worldwide in current years has led to the rise in the
demand for aircrafts. Also, airlines throughout the world require modern
aircrafts equipped with advanced technologies. To match the demand from
airliners, the aircraft industry is improving aircraft with advanced systems and
components. The increasing demand for aircrafts is expanding the need for
aircraft brake systems.
The introduction of Green Aircraft Taxiing Systems (EGTS) is a primary trend in
the market. Aircraft taxiing deals with the movement of aircraft on the ground
using its engine power. This process leads to a much higher fuel consumption,
and most aircrafts use around 600 liters of fuel while taxiing for an average of
3.5 hours/day. Thus, many companies have started developing an alternative
hybrid or electrical driven methods to reduce the excessive consumption of fuel
and emission impact during aircraft taxiing. For instance, recently, Airbus S.A.S
signed Memorandum of Understanding (MoU) with Safran and Honeywell to
develop EGTS for A320 aircraft. The primary landing gear wheels are generally
equipped with motors for maximum performance, agility, and traction which, in
turn, demands an effective braking system. This further increases the necessity
for the use of carbon material for brakes.
The functioning of an aircraft brake system depends upon several parameters,
such as better heat dissipation, minimum stopping distance, and effortless
maneuvering. Consequently, the weight, size, and landing speed of the aircraft
are determining parameters for choosing the design and type of the aircraft brake
system. Lower overall costs due to reduced maintenance and operating costs
coupled with brake life improvement, weight reduction, and lower fuel
consumption are driving the market for carbon brake disc.
To identify the key trends in the industry, click on the link below:
https://www.reportsanddata.com/report-detail/aircraft-carbon-brake-disc-mark
et
Further key findings from the report suggest
Carbon brake disc for commercial aircraft dominates the market with a larger
revenue of USD 1.04 Billion in the year 2018 and is anticipated to grow with a
higher CAGR of 5.2% during the forecast period. The rising demand for newer
generation aircraft along with the initiatives taken by the airlines to maximize
their profits by decreasing the operational costs and growing concern for fuel
efficiency are the principal drivers for the growth of the carbon brake disc for
the application in commercial aircraft.
Asia-Pacific is anticipated to witness the highest CAGR of 5.7% among all
regions during the forecast period. The rising number of aircraft orders and
deliveries in the region, due to the growing demand for newer generation
aircraft, is encouraging the growth of the market in the region.
Key manufacturers in the market include Safran, United Technologies
Corporation, Honeywell International Inc., Meggitt PLC, SGL Carbon, and
Parker Hannifin, among others. Yantai Luhang Carbon Materials Technology Co.
Ltd., Beijing International Aeronautical Materials Corporation (BIAM), Xi’an
Aviation Brake Technology Co., Ltd., and Shaanxi Lantai Aviation Equipment
Limited are key raw material suppliers in the market.
In February 2016, Safran (then known as Messier-Bugatti-Dowty) opened an
aircraft carbon brake production and refurbishment plant, in Kentucky,
America. The planned expansion, which was worth more than USD 100 Million,
aims to meet the expected demand of airlines and carbon brakes.
For the purpose of this report, Reports and Data have segmented the global the
aircraft carbon brake disc market on the basis of application, sales, and region:
Application Outlook (Revenue, USD Million; 2018-2028)
Commercial Aircraft
Military Aircraft
Sales Outlook (Revenue, USD Million; 2018-2028)
OEM Sales
Aftermarket
Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Rest of North America
Europe
France
UK
Germany
Rest of Europe
Asia Pacific
China
Rest of Asia Pacific
Rest of the World
Brazil
About Reports and Data
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services. Our solutions purely focus on your purpose to locate, target, and
analyze consumer behavior shifts across demographics, across industries, and help
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update our research offerings to ensure our clients are aware of the latest trends
existent in the market. Reports and Data has a strong base of experienced
analysts from varied areas of expertise. Our industry experience and ability to
develop a concrete solution to any research problems provides our clients with
the ability to secure an edge over their respective competitors.
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John W, Head of Business Development
Reports And Data | Web: www.reportsanddata.com
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