Aircraft Carbon Disc Brake Market Trends, Opportunities, and Forecast by 2031

MARKET OVERVIEW

Carbon disc brakes are efficient light weight alternative to traditional steel brakes as they provide significant saving in weight of the aircraft, thereby decreasing the fuel costs. One of the advantage of the carbon brakes are that they enable the feature of push backing without the use of aircraft engines. Moreover, these brakes have almost 50% higher tolerance to high temperature, as compared to traditional steel brakes. Additionally, these brakes helps in lowering the environmental pollution as they are designed to considerably reduce the greenhouse gas emission. Presently, key players are working with airlines and defense organizations to simplify retrofitting carbon brakes to existing aircraft through advanced manufacturing and engineering technologies.

MARKET SCOPE

The "Global Aircraft Carbon Disc Brake Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft Carbon Disc Brake market with detailed market segmentation by material, aircraft type, fit type, and geography. The global Aircraft Carbon Disc Brake market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Carbon Disc Brake market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on material, the global Aircraft Carbon Disc Brake market is segmented into Carbon-Carbon, and Carbon-Composite.
  
•   Based on Aircraft Type, the market is segmented into Commercial Aircraft (Wide Body Aircraft, Narrow Body Aircraft), Military Aircraft, and General Aviation.
  
•   On the basis of fit type, the market is segmented into Line Fit and Retro Fit.
  

MARKET DYNAMICS

Drivers:

•   Efficient mechanical properties, thermal physical properties, and excellent friction and wear properties
  
•   Development of new aircraft and replacement of brakes in existing ones
  
•   Rising awareness about flight safety and various safety regulations by concerned authorities
  

Restraints:

•   Higher cost than traditional brakes
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft Carbon Disc Brake market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Carbon Disc Brake market in these regions.

IMPACT OF COVID-19 ON AIRCRAFT CARBON DISC BRAKE MARKET

The COVID-19 pandemic led to a huge decline in the growth of the global aviation industry due to the halt in aircraft production by major aircraft manufacturers. Furthermore, hindrances in the global supply chain decreased the demand for aircraft carbon disc brake. Notably, in 2021, prominent aircraft manufacturers, such as Boeing and Airbus, reduced their production forecasts by 50%. However, various key players in the aerospace industry started taking stringent measures to mitigate the steep fall in revenues and demand. For instance, Airbus has confirmed an average A320 Family production rate of 45 aircraft per month in Q4 2021 and has created a demand from suppliers to anticipate a firm rate of 64 by Q2 2023. Expecting a continued recovering market, Airbus is also asking suppliers to allow a rate of 70 by Q1 2024. Additionally, the requirement of Aircraft Carbon Disc Brake in the military aviation sector creates a stable demand in the market and is expected to stabilize the position of major players. Therefore, after bearing a drastic short-term negative impact, the global Aircraft Carbon Disc Brake market is expected to regain momentum owing to the retrofitting of brakes in existing aircraft and measures taken by manufacturers to curb the impact of the pandemic.

MARKET PLAYERS

The report covers key developments in the Aircraft Carbon Disc Brake market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership and collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Aircraft Carbon Disc Brake market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Carbon Disc Brake in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft Carbon Disc Brake market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   CFCCARBON CO,. LTD
  
•   Crane Aerospace and Electronics
  
•   Mersen
  
•   Parker-Hannifin Corp.
  
•   Raytheon Technologies
  
•   RUBIN AVIATION CORPORATION
  
•   Safran
  
•   SGL Carbon
  
•   Thermocoax
  
•   ZOLTEK Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aircraft Carbon Disc Brake Report Scope