Aircraft Brake System Market Key Trends, Size, Outlook, Overview 2023-2032 | Honeywell International, Safran Landing Systems, Raytheon Technologies, PARKER HANNIFIN CORP, Crane Aerospace & Electronics

The Aircraft Brake System Global Market Report 2023, provides comprehensive information on the aircraft brake system market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Aircraft Brake System Global Market Report 2023, the global aircraft brake system market size grew from $8.72 billion in 2022 to $9.58 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft brake system market size is expected to grow to $12.44 billion in 2027 at a CAGR of 6.8%.

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The aircraft brake system market is segmented:

1) By Component: Braking System Components, Brakes, Wheels

2) By Acutation: Power Brake, Boosted Brake, Independent Brake

3) By Brake Type: Carbon Breaks, Steel Breaks, Others

4) By Aircraft Type: Fixed Wing, Rotary Wing, Unmanned Aerial Vehicles

5) By End-User: Commercial Aircraft, Defense Aircraft

North America was the largest region in the aircraft brake system market in 2022.

The table of contents in TBRC’s aircraft brake system market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

Top 5 Major Key Players Are:

• Honeywell International
• Safran Landing Systems
• Raytheon Technologies
• PARKER HANNIFIN CORP
• Crane Aerospace & Electronics

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