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Aircraft Wheels and Brakes Market

2021

Aircraft Wheels and Brakes Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Braking System, Wheels, and Brakes), Fit Type (Line Fit and Retro Fit), and End User (Defense and Commercial) and Geography

Publication Month: Aug 2021 | Report Code: TIPRE00024462 | No. of Pages: 168 | Category: Aerospace and Defense | Status: Published

Market Insights

Aircraft Wheels and Brakes Market to Grow at a CAGR of 7.2% to reach US$ 12,142.18 Million from 2020 to 2028

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The aircraft wheels and brakes market is expected to grow from US$ 7,471.74 million in 2021 to US$ 12,142.18 million by 2028; it is estimated to grow at a CAGR of 7.2% from 2021 to 2028.

Wheels and brakes are among the most important components of aircraft fleets. The wheels provide structural support to the entire aircraft body and confer strength to the tires. The brakes play a vital role in the landing of aircraft as they control wheel speed as well as gradually restrict the motion of aircraft, eventually providing a stable landing. Over the last several years, aircraft and aircraft component manufacturers are emphasizing on lowering the weight of aircraft wheels, as a part of their efforts for reducing aircraft fuel consumption. The lightweight aircraft wheels are extensively used in commercial as well as defense aircraft to attain the lowest possible operational costs by increasing fuel efficiency. Also, the modern-day aircraft wheels are designed and manufactured in such a manner that they should be compatible with multiple disc brake variants.

Impact of COVID-19 Pandemic on Aircraft Wheels and Brakes Market

The COVID-19 outbreak has adversely affected the world and is continuing to shatter several countries. Until the outbreak, the aerospace industry was experiencing substantial growth in terms of production, despite huge backlogs from the aircraft manufacturers. Also, the global aviation industry was witnessing a significant rise in the number of passengers count and increase in aircraft procurement. Unfortunately, the COVID-19 outbreak have decimated the demand for aircraft globally, which reduced the volumes of orders among the aircraft manufacturers, which resulted in a lower number of productions. The decline in production volumes hindered the businesses of various component manufacturers and associated technologies. Thus, the aircraft wheels and brakes market players' businesses have been severely affected by destabilization in aircraft production.

Lucrative Regions for Aircraft Wheels and Brakes Providers

Lucrative Regions for Aircraft Wheels and Brakes Providers

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Aircraft Wheels and Brakes Market Insights
Increasing Use of Durable, Lightweight, and Sturdy Carbon Brakes

The aircraft manufacturing industry has been reliant on steel-based brakes over the decades; however, in the recent years, the industry players have extensively shifted their focus toward carbon brakes. This is mainly attributed to the low weight and greater durability of carbon. The lighter weight of carbon brakes helps manufacturers in keeping the weight of aircraft models lower than those with traditional brakes; the lightweight aircraft fleets operate with greater fuel efficiency and lowered CO2 emissions. Aircraft weight and CO2 emissions are the two critical parameters of focus in the aircraft manufacturing industry. Moreover, carbon brakes facilitate cost-saving as the sturdier nature of carbon offers brakes additional strength along with an ability to operate in adverse environments. Further, carbon brakes require lesser maintenance as they can handle ~2,000 landings on average. Hence, carbon brakes are being used extensively in modern aircraft models to reduce overall operational costs, including brakes maintenance, repairing, and overhaul (MRO) costs. Carbon brakes are compatible with all modern commercial and military aircraft models, which enable the retrofitting of carbon brakes with ease. Hence, these brakes find applications in the MRO activities of older aircraft fleets, which require maintenance. Thus, the escalating adoption of carbon brakes into commercial and military aircraft is fueling the aircraft wheels and brakes market growth.

End User-Based Market Insights


Military expenditure is increasing by governments across the world to upgrade their air forces. For instance, in August 2020, Taiwan signed a US$ 62 billion deal to purchase 66 F-16 fighter jets from Lockheed Martin, an aircraft manufacturer in the US. Similarly, in May 2021, the Egypt government ordered 30 Rafael jets from Dassault Aviation, France. Furthermore, in 2019, the total production of military aircraft was around ~630. On the other hand, the production number reduced to around ~220 military aircraft in 2020 due to the COVID-19 outbreak, which has severely disrupted the supply chain of aircraft components and caused a slowdown in the production of military aircraft. However, the growing procurement of fighter jets by various countries’ governments worldwide is expected to bolster the growth of the aircraft wheels and brakes market for the defense segment in the coming years.


Aircraft Wheels and Brakes Market, by End User – 2020 and 2028 (%)

Aircraft Wheels and Brakes Market, by End User – 2020 and 2028 (%)

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Note: The outer circle represents market size for 2028, and the inner circle represents market size for 2020. 

Strategic Insights

Players operating in the aircraft wheels and brakes market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In 2021, the US Air Force announce that it is working to extend the operating life of the B-52 Stratofortress so that it can operate into the 2050s. Collins Aerospace, a Raytheon Technologies subsidiary, has been selected to design and manufacture a new wheel and carbon brake for the platform, resulting in a fleet refit of 77 aircraft.
  • In 2020, EasyJet picked Safran Landing Systems again to maintain for its A320 family fleet. The Safran group subsidiary, which specializes in landing gear and carbon brakes, will carry out maintenance and overhaul on 68 landing gears over a period between January 2020 and June 2023. The maintenance operations will be carried out by Safran Landing Systems MRO facility.

The global aircraft wheels and brakes Market has been segmented as follows:


Aircraft Wheels and Brakes Market – by Component


  • Braking System
  • Wheels
  • Brakes

Aircraft Wheels and Brakes Market – by Fit Type


  • Line Fit
  • Retro Fit

Aircraft Wheels and Brakes Market – by End User


  • Defence
  • Commercial

Aircraft Wheels and Brakes Market – by Geography


  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

Company Profiles


  • Beringer Aero
  • Collins Aerospace
  • Honeywell International Inc.
  • Meggitt PLC
  • Parker Hannifin Corporation
  • Safran
  • MATCO Manufacturing Inc
  • JAY-Em Aerospace and Machine, Inc.
  • Grove Aircraft Landing Gear System Inc
  • Crane Aerospace & Electronics

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Aircraft Wheels and Brakes Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.3 Ecosystem Analysis

5. Aircraft Wheels and Brakes – Market Dynamics

5.1 Market Drivers

5.1.1 Increasing Use of Durable, Lightweight, Sturdy Carbon Brakes

5.1.2 Growing Demand for Passenger Airline Services

5.2 Market Restraints

5.2.1 Recall of B737 Max and Discontinuation of A380 and B747 Manufacturing

5.3 Market Opportunities

5.3.1 Burgeoning Demand for MRO Activities in Emerging Economies

5.4 Future Trends

5.4.1 Electric Brakes and Fiber-Reinforced Plastic Wheels

5.5 Impact Analysis of Drivers and Restraints

6. Aircraft Wheels and Brakes Market – Global Market Analysis

6.1 Global Aircraft Wheels and Brakes Market Overview

6.2 Global Aircraft Wheels and Brakes Market Revenue Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. Aircraft Wheels and Brakes Market Revenue and Forecast To 2028 – Component

7.1 Overview

7.2 Aircraft Wheels and Brakes Market, By Component (2020 & 2028)

7.3 Braking Systems

7.3.1 Overview

7.3.2 Braking System: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

7.4 Wheels

7.4.1 Overview

7.4.2 Wheels: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

7.5 Brakes

7.5.1 Overview

7.5.2 Brakes: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

8. Aircraft Wheels and Brakes Market Analysis and Forecast To 2028 – Fit Type

8.1 Overview

8.2 Aircraft Wheels and Brakes Market, By Fit Type (2020 & 2028)

8.3 Line Fit

8.3.1 Overview

8.3.2 Line Fit: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

8.4 Retro Fit

8.4.1 Overview

8.4.2 Retro Fit: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

9. Aircraft Wheels and Brakes Market Analysis and Forecast To 2028 – End User

9.1 Overview

9.2 Aircraft Wheels and Brakes Market, By End User (2020 & 2028)

9.3 Defense

9.3.1 Overview

9.3.2 Defense: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

9.4 Commercial

9.4.1 Overview

9.4.2 Commercial: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

10. Aircraft Wheels and Brakes Market – Geographic Analysis

10.1 Overview

10.2 North America: Aircraft Wheels and Brakes Market

10.2.1 North America: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.2.2 North America: Aircraft Wheels and Brakes Market, by Component

10.2.3 North America: Aircraft Wheels and Brakes Market, by Fit Type

10.2.4 North America: Aircraft Wheels and Brakes Market, by End User

10.2.5 North America: Aircraft Wheels and Brakes Market, by Key Country

10.2.6 US: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.2.6.1 US: Aircraft Wheels and Brakes Market, by Component

10.2.6.2 US: Aircraft Wheels and Brakes Market, by Fit Type

10.2.6.3 US: Aircraft Wheels and Brakes Market, by End User

10.2.7 Canada: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.2.7.1 Canada: Aircraft Wheels and Brakes Market, by Component

10.2.7.2 Canada: Aircraft Wheels and Brakes Market, by Fit Type

10.2.7.3 Canada: Aircraft Wheels and Brakes Market, by End User

10.2.8 Mexico: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.2.8.1 Mexico: Aircraft Wheels and Brakes Market, by Component

10.2.8.2 Mexico: Aircraft Wheels and Brakes Market, by Fit Type

10.2.8.3 Mexico: Aircraft Wheels and Brakes Market, by End User

10.3 Europe: Aircraft Wheels and Brakes Market

10.3.1 Europe: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Aircraft Wheels and Brakes Market, by Component

10.3.3 Europe: Aircraft Wheels and Brakes Market, by Fit Type

10.3.4 Europe: Aircraft Wheels and Brakes Market, by End User

10.3.5 Europe: Aircraft Wheels and Brakes Market, by Key Country

10.3.6 France: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.6.1 France: Aircraft Wheels and Brakes Market, by Component

10.3.6.2 France: Aircraft Wheels and Brakes Market, by Fit Type

10.3.6.3 France: Aircraft Wheels and Brakes Market, by End User

10.3.7 Germany: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.7.1 Germany: Aircraft Wheels and Brakes Market, by Component

10.3.7.2 Germany: Aircraft Wheels and Brakes Market, by Fit Type

10.3.7.3 Germany: Aircraft Wheels and Brakes Market, by End User

10.3.8 Italy: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.8.1 Italy: Aircraft Wheels and Brakes Market, by Component

10.3.8.2 Italy: Aircraft Wheels and Brakes Market, by Fit Type

10.3.8.3 Italy: Aircraft Wheels and Brakes Market, by End User

10.3.9 UK: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.9.1 UK: Aircraft Wheels and Brakes Market, by Component

10.3.9.2 UK: Aircraft Wheels and Brakes Market, by Fit Type

10.3.9.3 UK: Aircraft Wheels and Brakes Market, by End User

10.3.10 Russia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.10.1 Russia: Aircraft Wheels and Brakes Market, by Component

10.3.10.2 Russia: Aircraft Wheels and Brakes Market, by Fit Type

10.3.10.3 Russia: Aircraft Wheels and Brakes Market, by End User

10.3.11 Rest of Europe: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.3.11.1 Rest of Europe: Aircraft Wheels and Brakes Market, by Component

10.3.11.2 Rest of Europe: Aircraft Wheels and Brakes Market, by Fit Type

10.3.11.3 Rest of Europe: Aircraft Wheels and Brakes Market, by End User

10.4 Asia Pacific: Aircraft Wheels and Brakes Market

10.4.1 Asia Pacific: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 Asia Pacific: Aircraft Wheels and Brakes Market, by Component

10.4.3 Asia Pacific: Aircraft Wheels and Brakes Market, by Fit Type

10.4.4 Asia Pacific: Aircraft Wheels and Brakes Market, by End User

10.4.5 Asia Pacific: Aircraft Wheels and Brakes Market, by Key Country

10.4.6 Australia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.6.1 Australia: Aircraft Wheels and Brakes Market, by Component

10.4.6.2 Australia: Aircraft Wheels and Brakes Market, by Fit Type

10.4.6.3 Australia: Aircraft Wheels and Brakes Market, by End User

10.4.7 China: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.7.1 China: Aircraft Wheels and Brakes Market, by Component

10.4.7.2 China: Aircraft Wheels and Brakes Market, by Fit Type

10.4.7.3 China: Aircraft Wheels and Brakes Market, by End User

10.4.8 India: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.8.1 India: Aircraft Wheels and Brakes Market, by Component

10.4.8.2 India: Aircraft Wheels and Brakes Market, by Fit Type

10.4.8.3 India: Aircraft Wheels and Brakes Market, by End User

10.4.9 Japan: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.9.1 Japan: Aircraft Wheels and Brakes Market, by Component

10.4.9.2 Japan: Aircraft Wheels and Brakes Market, by Fit Type

10.4.9.3 Japan: Aircraft Wheels and Brakes Market, by End User

10.4.10 South Korea: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.10.1 South Korea: Aircraft Wheels and Brakes Market, by Component

10.4.10.2 South Korea: Aircraft Wheels and Brakes Market, by Fit Type

10.4.10.3 South Korea: Aircraft Wheels and Brakes Market, by End User

10.4.11 Rest of APAC: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.4.11.1 Rest of APAC: Aircraft Wheels and Brakes Market, by Component

10.4.11.2 Rest of APAC: Aircraft Wheels and Brakes Market, by Fit Type

10.4.11.3 Rest of APAC: Aircraft Wheels and Brakes Market, by End User

10.5 MEA: Aircraft Wheels and Brakes Market

10.5.1 MEA: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.5.2 MEA: Aircraft Wheels and Brakes Market, by Component

10.5.3 MEA: Aircraft Wheels and Brakes Market, by Fit Type

10.5.4 MEA: Aircraft Wheels and Brakes Market, by End User

10.5.5 MEA: Aircraft Wheels and Brakes Market, by Key Country

10.5.6 Saudi Arabia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.5.6.1 Saudi Arabia: Aircraft Wheels and Brakes Market, by Component

10.5.6.2 Saudi Arabia: Aircraft Wheels and Brakes Market, by Fit Type

10.5.6.3 Saudi Arabia: Aircraft Wheels and Brakes Market, by End User

10.5.7 UAE: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.5.7.1 UAE: Aircraft Wheels and Brakes Market, by Component

10.5.7.2 UAE: Aircraft Wheels and Brakes Market, by Fit Type

10.5.7.3 UAE: Aircraft Wheels and Brakes Market, by End User

10.5.8 South Africa: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.5.8.1 South Africa: Aircraft Wheels and Brakes Market, by Component

10.5.8.2 South Africa: Aircraft Wheels and Brakes Market, by Fit Type

10.5.8.3 South Africa: Aircraft Wheels and Brakes Market, by End User

10.5.9 Rest of MEA: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.5.9.1 Rest of MEA: Aircraft Wheels and Brakes Market, by Component

10.5.9.2 Rest of MEA: Aircraft Wheels and Brakes Market, by Fit Type

10.5.9.3 Rest of MEA: Aircraft Wheels and Brakes Market, by End User

10.6 SAM: Aircraft Wheels and Brakes Market

10.6.1 SAM: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.6.2 SAM: Aircraft Wheels and Brakes Market, by Component

10.6.3 SAM: Aircraft Wheels and Brakes Market, by Fit Type

10.6.4 SAM: Aircraft Wheels and Brakes Market, by End User

10.6.5 SAM: Aircraft Wheels and Brakes Market, by Key Country

10.6.6 Brazil: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.6.6.1 Brazil: Aircraft Wheels and Brakes Market, by Component

10.6.6.2 Brazil: Aircraft Wheels and Brakes Market, by Fit Type

10.6.6.3 Brazil: Aircraft Wheels and Brakes Market, by End User

10.6.7 Argentina: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.6.7.1 Argentina: Aircraft Wheels and Brakes Market, by Component

10.6.7.2 Argentina: Aircraft Wheels and Brakes Market, by Fit Type

10.6.7.3 Argentina: Aircraft Wheels and Brakes Market, by End User

10.6.8 Rest of SAM: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

10.6.8.1 Rest of SAM: Aircraft Wheels and Brakes Market, by Component

10.6.8.2 Rest of SAM: Aircraft Wheels and Brakes Market, by Fit Type

10.6.8.3 Rest of SAM: Aircraft Wheels and Brakes Market, by End User

11. Aircraft Wheels and Brakes Market - COVID-19 Impact Analysis

11.1 Overview

11.1.1 North America: Impact Assessment of COVID-19 Pandemic

11.1.2 Europe: Impact Assessment of COVID-19 Pandemic

11.1.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.1.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

11.1.5 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 Merger and Acquisition

13. Company Profiles

13.1 BERINGER AERO

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 Collins Aerospace

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Honeywell International Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Meggitt PLC

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Parker Hannifin Corporation

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Safran

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 MATCO Manufacturing Inc

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 JAY-Em Aerospace and Machine, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Grove Aircraft Landing Gear System Inc

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Crane Aerospace & Electronics

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Global Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Table 2. North America: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 3. North America: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 5. North America: Aircraft Wheels and Brakes Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 6. US: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 7. US: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 8. US: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 10. Canada: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Canada: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 12. Mexico: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 13. Mexico: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Mexico: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 15. Europe: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. Europe: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 18. Europe: Aircraft Wheels and Brakes Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 19. France: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 20. France: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. France: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 22. Germany: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 23. Germany: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 24. Germany: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 26. Italy: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 27. Italy: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 29. UK: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 30. UK: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 32. Russia: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. Russia: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 35. Rest of Europe: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 36. Rest of Europe: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 37. Asia Pacific: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 38. Asia Pacific: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 39. Asia Pacific: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 40. Asia Pacific: Aircraft Wheels and Brakes Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 41. Australia: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 42. Australia: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 43. Australia: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 44. China: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 45. China: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 46. China: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 47. India: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 48. India: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. India: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 50. Japan: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 51. Japan: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 52. Japan: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 53. South Korea: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 54. South Korea: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 55. South Korea: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 56. Rest of APAC: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 57. Rest of APAC: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 58. Rest of APAC: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 59. MEA: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 60. MEA: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 61. MEA: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 62. MEA: Aircraft Wheels and Brakes Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 63. Saudi Arabia: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 64. Saudi Arabia: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 65. Saudi Arabia: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 66. UAE: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 67. UAE: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 68. UAE: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 69. South Africa: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 70. South Africa: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 71. South Africa: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 72. Rest of MEA: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 73. Rest of MEA: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 74. Rest of MEA: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 75. SAM: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 76. SAM: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 77. SAM: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 78. SAM: Aircraft Wheels and Brakes Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 79. Brazil: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 80. Brazil: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 81. Brazil: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 82. Argentina: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 83. Argentina: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 84. Argentina: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 85. Rest of SAM: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 86. Rest of SAM: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 87. Rest of SAM: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

Table 88. List of Abbreviation

LIST OF FIGURES

Figure 1. Aircraft Wheels and Brakes Market Segmentation

Figure 2. Aircraft Wheels and Brakes Market Segmentation – By Geography

Figure 3. Global Aircraft Wheels and Brakes Market Overview

Figure 4. Aircraft Wheels and Brakes Market, by Component

Figure 5. Aircraft Wheels and Brakes Market, by Fit Type

Figure 6. Aircraft Wheels and Brakes Market, By Geography

Figure 7. Aircraft Wheels and Brakes Market - Porter’s Five Forces Analysis

Figure 8. Aircraft Wheels and Brakes Market : Ecosystem Analysis

Figure 9. Aircraft Wheels and Brakes Market: Impact Analysis of Drivers and Restraints

Figure 10. Geographic Overview of Aircraft Wheels and Brakes Market

Figure 11. Global Aircraft Wheels and Brakes Market Revenue Forecast and Analysis (US$ Million)

Figure 12. Aircraft Wheels and Brakes Market, by Component (2020 & 2028)

Figure 13. Braking System: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Wheels: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Brakes: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 16. Aircraft Wheels and Brakes Market, By Fit Type (2020 & 2028)

Figure 17. Line Fit: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Retro Fit: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Aircraft Wheels and Brakes Market, By End User (2020 & 2028)

Figure 20. Defense: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. Commercial: Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 22. Global Aircraft Wheels and Brakes Market Revenue Share, By Region (2020 & 2028)

Figure 23. North America: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. North America: Aircraft Wheels and Brakes Market Revenue Share, by Component (2020 & 2028)

Figure 25. North America: Aircraft Wheels and Brakes Market Revenue Share, by Fit Type (2020 & 2028)

Figure 26. North America: Aircraft Wheels and Brakes Market Revenue Share, by End User (2020 & 2028)

Figure 27. North America: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

Figure 28. US: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Canada: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Mexico: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Europe: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Europe: Aircraft Wheels and Brakes Market Revenue Share, by Component (2020 & 2028)

Figure 33. Europe: Aircraft Wheels and Brakes Market Revenue Share, by Fit Type (2020 & 2028)

Figure 34. Europe: Aircraft Wheels and Brakes Market Revenue Share, by End User (2020 & 2028)

Figure 35. Europe: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

Figure 36. France: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Germany: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Italy: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. UK: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40. Russia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41. Rest of Europe: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42. Asia Pacific: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43. Asia Pacific: Aircraft Wheels and Brakes Market Revenue Share, by Component (2020 & 2028)

Figure 44. Asia Pacific: Aircraft Wheels and Brakes Market Revenue Share, by Fit Type (2020 & 2028)

Figure 45. Asia Pacific: Aircraft Wheels and Brakes Market Revenue Share, by End User (2020 & 2028)

Figure 46. Asia Pacific: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

Figure 47. Australia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 48. China: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. India: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 50. Japan: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 51. South Korea: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 52. Rest of APAC: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 53. MEA: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. MEA: Aircraft Wheels and Brakes Market Revenue Share, by Component (2020 & 2028)

Figure 55. MEA: Aircraft Wheels and Brakes Market Revenue Share, by Fit Type (2020 & 2028)

Figure 56. MEA: Aircraft Wheels and Brakes Market Revenue Share, by End User (2020 & 2028)

Figure 57. MEA: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

Figure 58. Saudi Arabia: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. UAE: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. South Africa: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 61. Rest of MEA: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 62. SAM: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 63. SAM: Aircraft Wheels and Brakes Market Revenue Share, by Component (2020 & 2028)

Figure 64. SAM: Aircraft Wheels and Brakes Market Revenue Share, by Fit Type (2020 & 2028)

Figure 65. SAM: Aircraft Wheels and Brakes Market Revenue Share, by End User (2020 & 2028)

Figure 66. SAM: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

Figure 67. Brazil: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. Argentina: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Rest of SAM: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70. Impact of COVID-19 Pandemic in North America Country Markets

Figure 71. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 72. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 73. Impact of COVID-19 Pandemic in Middle East and Africa Countries

Figure 74. Impact of COVID-19 Pandemic in South America Countries

The List of Companies - Aircraft Wheels and Brakes Market

  1. Beringer Aero
  2. Collins Aerospace
  3. Honeywell International Inc.
  4. Meggitt PLC
  5. Parker Hannifin Corporation
  6. Safran
  7. MATCO Manufacturing Inc
  8. JAY-Em Aerospace and Machine, Inc.
  9. Grove Aircraft Landing Gear System Inc
  10. Crane Aerospace & Electronics
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Aircraft Wheels and Brakes market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global Aircraft Wheels and Brakes market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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Frequently Asked Questions

With the rapidly growing aviation industry from the past few years, the demand for airline MRO services is also increasing. Emerging economies, such as those in APAC, are highly focused on extending MRO services to commercial as well as military aircrafts. Economic growth, increasing air passengers, and growing aviation infrastructure spending in APAC countries are the major factors driving the growth of the aircraft MRO services, which is subsequently providing lucrative opportunities for the growth of the aircraft wheels and brakes market. According to the International Air Transport Association, the total number of new passengers would increase to over 7.2 billion the next 20 years compare to 1.8 billion passengers travelled globally through airline in 2020, and it would further increase the fleet size and the demand for MRO activities for upgrading the aircraft fleet. The rising number of middle-class travelers, especially in India, China, and Singapore, among others, is the main factor contributing to air travel growth in the region. The growth of air travel is positively impacting the growth of MRO facilities in the above mentioned countries, which is thereby catalyzing the aircraft wheels and brakes market.

The flying frequency is directly proportional to the demand for MRO activities. This factor is heavily influencing the growth of the country's aircraft MRO services business. Increased flying frequency are directly proportionate to higher demands for MRO services, including wheels and brakes repair or replacement. Additionally, countries such as Malaysia, Thailand, Vietnam, Indonesia, and the Philippines are witnessing a surge in aircraft MRO projects due to the rise in demand for the integration of advanced technologies and components from commercial aircraft operators. Thus, the growth in the number of aircraft MRO service providers and increase in aircraft fleet volumes in Southeast Asian countries is creating substantial business opportunities for the aircraft wheels and brakes market players.

Based on component, the aircraft wheels and brakes market has been segmented into braking system, wheels, and brakes. The Aircraft Wheels and Brakes market was dominated by the brakes segment in 2020.

North America dominated the aircraft wheels and brakes market in 2020; it would continue to dominate the market during the forecast period by 2028. Europe is the second-largest contributor to the global aircraft wheels and brakes market, followed by APAC.

The major companies in Aircraft Wheels and Brakes market are Beringer Aero, Collins Aerospace, Honeywell International Inc., Meggitt PLC, Parker Hannifin Corporation, Safran, MATCO Manufacturing Inc, Grove Aircraft Landing Gear System Inc, and Crane Aerospace & Electronics.

The major end users in Aircraft Wheels and Brakes includes Defense and Commercial. In terms of market share, the market was dominated by the commercial segment in 2020.

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