The Large Aircraft Braking System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Large Aircraft Braking System Market?
The Large Aircraft Braking System Global Market Report 2025 highlights a significant growth in the market size over the years. The market size is projected to increase from $2.60 billion in 2024 to $2.77 billion in 2025, expanding at a Compound Annual Growth Rate (CAGR) of 6.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Large Aircraft Braking System Industry?
The Large Aircraft Braking System Global Market is projected to reach $3.55 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.4%.
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What are the Key Growth Drivers Fueling the Large Aircraft Braking System Market?
The key drivers in the large aircraft braking system market are:
• Surge in new aircraft deliveries
• Modernization of the aging aircraft fleet
• Rising defense and military spending
• Increasing emphasis on fuel efficiency and emission reduction.
Global Market Segmentation: Identifying Major Large Aircraft Braking System Industry Segments
The large aircraft braking system market covered in this report is segmented –
1) By Component: Brake Control Systems, Brake Actuators, Brake Discs, Brake Pads, Anti-Skid Control Systems
2) By Technology: Hydraulic Brakes, Pneumatic Brakes, Electromechanical Brakes
3) By Braking Type: Carbon Brakes, Steel Brakes
4) By Aircraft Type: Commercial Aircraft, Military Aircraft, Business Jets
5) By End-User: Original Equipment Manufacturers (OEMs), After market
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What are the Emerging Trends Shaping the Future of the Large Aircraft Braking System Market?
The key trends in the large aircraft braking system market are:
• The adoption of electric braking systems is a notable emerging trend.
• The integration of smart sensors in brakes is becoming more popular.
• Development and use of lightweight composite materials is on the rise.
• Predictive maintenance technologies and advancements in braking technology are significantly influencing the market.
Who Are the Top Competitors & Leading Players in the Large Aircraft Braking System Market?
Major players in the large aircraft braking system market are:
• The Boeing Company
• Honeywell International Inc.
• Safran S.A.
• Thales Group
• Parker Hannifin Corporation
• Lufthansa Technik AG
• Moog Inc.
• Meggitt PLC
• AAR Corp.
• Crane Aerospace & Electronics
• Triumph Group Inc.
• Kaman Corporation
• Sumitomo Precision Products Co. Ltd.
• Farinia Group
• HYDRO SYSTEMS GmbH & Co. KG
• NMG Aerospace
• Liebherr-International AG
• NASCO Aircraft Brake Inc.
• UTC Aerospace Systems
• MATCO Manufacturing Inc.
Regional Dominance: Which Area Leads the Global Large Aircraft Braking System Market?
North America was the largest region in the large aircraft braking system market in 2024
