Aircraft Brake Discs Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The global aircraft brake discs market was valued at approximately USD 3.5 billion in 2022, with a projected compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. This growth is primarily driven by increasing aircraft production and rising air travel demand, which has led to a heightened need for advanced and reliable braking systems. The market is witnessing significant investments in research and development to enhance the performance and durability of brake discs, including the integration of advanced materials and technologies. Additionally, the shift towards the use of lightweight and high-performance composite materials is expected to further fuel market growth, as these materials offer better efficiency and reliability in braking systems.
Emerging market opportunities are particularly pronounced in regions experiencing rapid expansion in aviation infrastructure and fleet modernization. Countries in Asia-Pacific and the Middle East are showing substantial growth potential due to their burgeoning aviation sectors and increasing defense budgets. The focus on upgrading existing fleets and the introduction of new aircraft models are expected to drive demand for advanced brake disc technologies in these regions. Furthermore, the rise in military and commercial aircraft production, coupled with the trend towards more environmentally friendly and fuel-efficient aircraft, is anticipated to open new avenues for market players. The evolving regulatory environment and technological advancements in brake disc systems are likely to shape the market dynamics in the coming years.
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Dunlop
Goodrich
Meggitt Aircraft Braking Systems
Messier-Bugatti
Honeywell
Collins Aerospace
Rubin
SGL Group
Jiangsu Tianniao High-technology
Goodyear
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Aircraft Brake Discs Market
Civil Aircraft
Military Aircraft
Commercial Aircraft
Based on Types the Market is categorized into Below types that held the largest Aircraft Brake Discs market share In 2023.
Carbon-Cermic
Carbon-Carbon
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Aircraft Brake Discs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Aircraft Brake Discs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Aircraft Brake Discs Market, By Type
6. Global Aircraft Brake Discs Market, By Application
7. Global Aircraft Brake Discs Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Aircraft Brake Discs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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