
Global Aircraft Braking System Market
Pages:
211
Date:
28 June 2024
Industry:
Aerospace and Defense
The Global Aircraft Braking System Market is an important element of aircraft landing gear, controlling the speed of the aircraft during landing and ground operations. It is a combination of different subsystems, which are linked to braking systems, control systems, and anti-skid systems respectively. When the pilot starts braking, a colloidal stream to the brake assembly is supplied at great pressure, which operates the feelers onto the wheel of the aircraft, producing a sufficient amount of friction to reduce the aircraft’s speed gradually. Modern aircraft’s braking systems are frequently provided with anti-skid technology for preventing wheel lock-up and skidding leading to enhanced control and a continuous reduction in the average stopping distances, particularly in inclement weather. Using these systems, we can implement carbon or carbon-composite brake material to cast off the heat coming from heavy braking in the course of highway driving. The braking system of an aircraft is among the most crucial components that evaluate how planes land, taxi or move generally during off-airline activities. The criteria of continuous maintenance and rigorous checks of safety compliance enable optimal performance of equipment throughout its life.
North America is currently the largest aircraft braking system market in the world due to the concentration of major players such as Boeing and Lockheed Martin, advanced capabilities of the technology sector, huge aircraft fleet, as well as strict safety requirements of FAA. Some of the elements of the region account for the industry leadership in the design and manufacture of top-notch braking systems for either commercial or military aviation at the global level.
Player Names
- ADVICS Co., Ltd. (Japan)
- Aisin Seiki Co., Ltd. (Japan)
- Akebono Brake Industry Co., Ltd. (Japan)
- Bosch (Germany)
- Brembo S.p.A (Italy)
- Continental AG (Germany)
- Federal-Mogul Motorparts LLC (United States)
- Haldex AB (Sweden)
- Knorr-Bremse AG (Germany)
- Mando Corporation (South Korea)
- Meritor, Inc. (United States)
- Nissin Kogyo Co., Ltd. (Japan)
- TRW Automotive Holdings Corp. (United States)
- WABCO Holdings Inc. (Belgium)
- ZF Friedrichshafen AG (Germany)
Segmental Analysis
1. By Type
- Disc Brake
- Drum Brake
2. By Vehicle Type
- Passenger Vehicle
- Commercial Vehicle
- Two-wheelers
- Off-road Vehicles
- Others
3. By Technology
- Anti-Lock Braking System (ABS)
- Electronic Stability Control (ESC)
- Traction Control System (TCS)
- Electronic Brake-Force Distribution (EBD)
4. By Sales Channel
- OEM
- Aftermarket
Market Drivers
The consistent rise in global passenger and freight traffic through airplane transport is motivating the need for better and more effective braking system with improved reliability. Airline companies that keep on enlarging their fleets and therefore increasing the flight frequency to meet the demand often faces high operation purpose which can only be handled efficiently by the use of advanced braking systems with highest standards. The market for aircraft braking systems continues to leverage groundbreaking technologies such as anti-skid systems, carbon brakes, and brake-by-wire systems. These developments are the main factors fueling market growth. These inventions raise braking reliability, shorten or decrease the stopping distance of aircraft and, in meanwhile, boost overall aircrafts efficiency and safety. The rapidly growing worldwide airplane armada, boosted by idle fleet renewal programs and the launch of new aircraft models with more capacity and longer range, is the primary source of the increased need for aircraft brakes. Airlines and airplane operators have started to put in more advanced braking systems to their existing fleets which have the purpose to improve operational performance and to adhere to new safety regulations.
Market Trends
The global aircraft braking system market is undergoing a paradigm shift as fuel efficiency and environmental sustainability are gaining more importance. This has resulted in an increasing demand for lightweight designs and components that include braking systems. Producers are spending on research and developments in high-performance lightweight materials such as carbon fiber-reinforced composites to make braking systems lighter band performance not affecting. Also, the aviation industry is focused on the deployment of health monitoring systems for addressing braking system issues. These systems feature sensors, predictive analysis, and on-the-go monitoring which is used to check the condition of brake components in real-time and proactive maintenance of the system avoiding unexpected failures. The extension of the worldwide commercial aviation sector which is driven by the growing air travel needs and the arrival of low-cost carriers in the market stimulates the demand for aviation braking systems. Airlines are taking a keen interest in purchasing new flight fleets with powerful braking systems to improve operational effectiveness and payers’ security.
Market Challenges
Global aircraft braking systems market should be designed with concern on the environment, which includes lowering noise pollution and cutting down carbon emissions. Making ecofriendly braking systems means following the engineering challenge to the end and try to achieve high efficiency with environmental effect as a small one while safety and performance levels are kept. Due to necessity of cost-saving solutions in air traffic environment providers, who hurry to improve their effectiveness and safety at the same time, make a great effort. The challenge is to match the market demands for cheaper braking systems on one hand and the manufacturers needs to invest in R&D and the overall production process to remain competitive on the other hand. The designing of these systems is inhibited by the intricacies of global supply chain responsibilities, which include the materials to obtain the raw materials, components, and subsystems needed for aircraft braking processes. Therefore, for companies, have an outstanding responsibility to manage the risk within the supply chain which involves geo-political instability, currency fluctuation, natural disaster or pandemics to offer a seamless production procedure and take delivery of vehicle braking systems components.
Market Opportunities
With the developments of the new-generation aircraft models to displace the aging aircraft models, the demand of retrofitting and upgrading of existing braking systems is also increasing. The cost-saving incentive might cause companies to provide such retrofit solutions and a wider scope to which the aircraft can perform safely. Growth in the number of low-cost airlines in various regions has been manifested through the increment of airplane system demand especially for airbrakes. Low-cost carriers (LCCs) often use faster and shorter routes provided with higher take-offs and landing frequencies. One of the vital features of such practice is the need in a reliable wheel braking system that can withstand high-intensity braking processes. The braking system market of aircraft is, to a great extent, formed of both the sales of new brake systems as well as maintenance and overhaul (MRO) services. The braking systems will be assured to remain safe, reliable and effective for a long period, and this will contribute to enhancing the actual productivity of MRO providers.
Regulatory Factors
The global aircraft braking systems market must conform to stringent certification requirements set by aviation regulatory bodies such as the Federal Aviation Administration (FAA) in the US, the European Aviation Safety Agency (EASA) in Europe as well as other relevant aviation authorities globally. These standards guarantee brakes are safe, reliable, perform well, and provide competitive systems.
Competitive Landscape
The global aircraft braking system market is concentrated with major key players such as Bosch Brembo S.p.A, Continental AG, Federal-Mogul Motorparts LLC. The aircraft braking system industry market players conduct mainly the competition based on innovativeness and performance reliability which is influenced by technological advancements, cost-effectiveness, compliance with regulations, and customer service. Such systems are designed to improve the quality of braking systems to offer superior performance, durability, and safety features to bypass required industry standards. Furthermore, airlines compete on the established means of marketing, which all have effective distribution channels and all partner with aircraft manufacturers and operators.