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Middle East & Africa Aircraft Wheels and Brakes Market

2021

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

Publication Month: Oct 2021 | Report Code: TIPRE00025213 | No. of Pages: 76 | Category: Aerospace and Defense | Status: Published

Market Insights

Middle East & Africa Aircraft Wheels and Brakes Market to Grow at a CAGR of 3.6% to reach US$ 522.33 million from 2021 to 2028

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The aircraft wheels and brakes market in Middle East & Africa is expected to grow from US$ 408.27 million in 2021 to US$ 522.33 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028.


The UAE, South Africa, and Saudi Arabiaare major economies in Middle East & Africa. Growing demand for passenger airline services is the major factor driving the growth of the Middle East & Africa aircraft wheels and brakes market. Commercial airline traffic has increased at a noteworthy rate in the past few months, after a notable decrease in COVID-19 cases in many parts of the world. Further, a rise in passenger airline operations highlights the need for additional aircraft to reduce the operational burden of existing fleets, thus compelling the airline companies to procure new aircraft fleets. In June 2021, United Airlines, Inc. rolled out its purchase order of 200 Boeing 737 (including 50 B737 Max 8s and 150 737 Max 10s) and 70 Airbus 321 Neo fleet. Similarly, Indigo Airlines received 44 A320 Neo aircraft in January 2020, and it is yet to receive more than 250 aircraft models. Hence, the rising production and procurement of new aircraft fleets, in response to the growing demand for passenger airline services, is boosting the adoption of aircraft wheels and brakes, thereby driving the market growth, which is further anticipated to drive the market in Middle East & Africa.

During the COVID-19 pandemic, the MEA aircraft wheels and brakes market faced major issues due to disrupted supply chains. The shutdown of borders of countries has led to disruptions in the supply chain of several components and systems. This resulted in a loss of business among the aircraft wheels and brakes market players offering their products to respective customers in the MEA.South Africa has few aircraft manufacturers, which produce general aviation piston aircraft. The spread of COVID-19 led the manufacturers to suspend their operations or operate with a minimal workforce temporarily. This weakened the demand for wheels and brakes, thereby hindering the aircraft wheels and brakes market in the region.

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Middle East & Africa Aircraft Wheels and Brakes Market Segmentation

Middle East & Africa Aircraft Wheels and Brakes Market – By Component

  • Braking System
  • Wheels
  • Brakes

Middle East & Africa Aircraft Wheels and Brakes Market – By Fit Type

  • Line Fit
  • Retro Fit

Middle East & Africa Aircraft Wheels and Brakes Market – By End User

  • Defense
  • Commercial

Middle East & Africa Aircraft Wheels and Brakes Market– By Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa

Middle East & Africa Aircraft Wheels and Brakes Market-Companies Mentioned

  • Collins Aerospace
  • Honeywell International Inc.
  • Meggitt PLC
  • Parker Hannifin Corporation
  • Safran

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. Middle East & Africa Aircraft Wheels and Brakes Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.3 Ecosystem Analysis

5. Middle East & Africa 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 – Middle East & Africa Market Analysis

6.1 Middle East & Africa Aircraft Wheels and Brakes Market Overview

6.2 Middle East & Africa Aircraft Wheels and Brakes Market Revenue Forecast and Analysis

7. Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 – Component

7.1 Overview

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

7.3 Braking Systems

7.3.1 Overview

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

7.4 Wheels

7.4.1 Overview

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

7.5 Brakes

7.5.1 Overview

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

8. Middle East & Africa Aircraft Wheels and Brakes Market Analysis and Forecast to 2028 – Fit Type

8.1 Overview

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

8.3 Line Fit

8.3.1 Overview

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

9. Middle East & Africa Aircraft Wheels and Brakes Market Analysis and Forecast to 2028 – End User

9.1 Overview

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

9.3 Defense

9.3.1 Overview

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

9.4 Commercial

9.4.1 Overview

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

10. Middle East & Africa Aircraft Wheels and Brakes Market – Country Analysis

10.1 MEA: Aircraft Wheels and Brakes Market

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

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

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

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

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

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

10.1.3.1 UAE: Aircraft Wheels and Brakes Market, by Component

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

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

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

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

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

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

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

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

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

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

11. Middle East & Africa Aircraft Wheels and Brakes Market - COVID-19 Impact Analysis

11.1 Middle East and Africa: 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 Collins Aerospace

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 Honeywell International Inc.

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 Meggitt PLC

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 Parker Hannifin Corporation

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 Safran

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

14. Appendix

14.1 About The Insight Partners

14.2 Word Index

LIST OF TABLES

Table 1. Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

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

Table 3. Saudi Arabia: Aircraft Wheels and Brakes Market, by Component – Revenue and Forecast to 2028 (US$ Million)

Table 4. Saudi Arabia: Aircraft Wheels and Brakes Market, by Fit Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. Saudi Arabia: Aircraft Wheels and Brakes Market, by End User – Revenue and Forecast to 2028 (US$ Million)

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

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

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

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

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

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

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

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

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

Table 15. List of Abbreviation

LIST OF FIGURES

Figure 1. Middle East & Africa Aircraft Wheels and Brakes Market Segmentation

Figure 2. Middle East & Africa Aircraft Wheels and Brakes Market Segmentation – By Country

Figure 3. Middle East & Africa Aircraft Wheels and Brakes Market Overview

Figure 4. Middle East & Africa Aircraft Wheels and Brakes Market, by Component

Figure 5. Middle East & Africa Aircraft Wheels and Brakes Market, by Fit Type

Figure 6. Middle East & Africa Aircraft Wheels and Brakes Market, By Country

Figure 7. Middle East & Africa Aircraft Wheels and Brakes Market - Porter’s Five Forces Analysis

Figure 8. Middle East & Africa Aircraft Wheels and Brakes Market: Ecosystem Analysis

Figure 9. Middle East & Africa Aircraft Wheels and Brakes Market: Impact Analysis of Drivers and Restraints

Figure 10. Middle East & Africa Aircraft Wheels and Brakes Market Revenue Forecast and Analysis (US$ Million)

Figure 11. Middle East & Africa Aircraft Wheels and Brakes Market, by Component (2020 & 2028)

Figure 12. Braking System: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 13. Wheels: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

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

Figure 15. Middle East & Africa Aircraft Wheels and Brakes Market, By Fit Type (2020 & 2028)

Figure 16. Line Fit: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Retro Fit: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Middle East & Africa Aircraft Wheels and Brakes Market, By End User (2020 & 2028)

Figure 19. Defense: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 20. Commercial: Middle East & Africa Aircraft Wheels and Brakes Market Revenue and Forecast to 2028 (US$ Million)

Figure 21. MEA: Aircraft Wheels and Brakes Market – Revenue by Country to 2028 (US$ Million)

Figure 22. MEA: Aircraft Wheels and Brakes Market Revenue Share, by Key Country (2020 & 2028)

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

Figure 24. UAE: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. South Africa: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Rest of MEA: Aircraft Wheels and Brakes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Impact of COVID-19 Pandemic in Middle East and Africa Countries

  1. Collins Aerospace
  2. Honeywell International Inc.
  3. Meggitt PLC
  4. Parker Hannifin Corporation
  5. Safran
  • To understand the Middle East & Africa aircraft wheels and brakes market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Middle East & Africa aircraft wheels and brakes market
  • Efficiently plan M&A and partnership deals in Middle East & Africa aircraft wheels and brakes market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Middle East & Africa aircraft wheels and brakes market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Middle East & Africa region
TIPRE00025213
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