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Aircraft brake system market research available in new report

Automotive and Transportation Market Research

Key Players: United Technologies, Crane Aerospace & Electro, Honeywell Int and Others

GLOBAL AIRCRAFT BRAKE SYSTEM MARKET was valued at USD 5.98 Billion in the year 2017. Global Aircraft Brake System market is further estimated to grow at a CAGR of 7.14% from 2018 to reach USD 9.04 Billion by the year 2023.

North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, the U.S is projected to grow strongly in the coming years.

United Technologies (U.S.), Crane Aerospace & Electronics (U.S.), Honeywell International Inc. (U.S.), Parker Hannifin Corporation (U.S.), Beringer Aero (France), Meggitt Group Company (U.K.), Safran (France), AAR Corporation (U.K.), Lufthansa Technik AG (Germany), Jay-Em Aerospace & Machine, Inc. (U.S.), Bauer, Inc. (U.S.), Matco Manufacturing Inc. (U.S.), are some of the key players in the Global Aircraft Brake System market.

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Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

Drivers:

             Increasing the production of the aircraft fleet

Restraints:

             Repair system and maintenance

Opportunities:

             Demand for Lightweight Aircraft Components

Challenges:

             Integration of sources and power electronics load

The major shares of the market come from Brake type in Global Aircraft Brake System Market. On the other hand, retrofit, by fit for this market is expected to grow at highest CAGR during the year 2018-2023.

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Key Benefits for Stakeholders

Aircraft Brake System Manufacturers, Distributors and Retailers

Research and Consulting Organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Type

Braking System

Wheels

Brakes

By Fit

Line-Fit

Retrofit

By Platform

Commercial

Defense

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

United Technologies

Crane Aerospace & Electronics

Honeywell International Inc.

Parker Hannifin Corporation

Beringer Aero

Meggitt Group Company

Safran

AAR Corporation

Lufthansa Technik AG

Jay-Em Aerospace & Machine, Inc.

Bauer, Inc.

Matco Manufacturing Inc.

Read Report Overview with Full TOC @ genesismarketinsights.com/viewrepo…ake-System-Market

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Genesis Market InsightsGenesis Market Insights
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