Aircraft Wheels Brakes Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Wheel Type (Nose Wheel and Main Landing Gear Wheel), By Brake Type (Carbon Brake and Steel Brake), By End-User (OEM and Aftermarket), By Aircraft Type (Commercial Aircraft and Military Aircraft), By Region, Competition, 2019-2029F

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 9.96 Billion

CAGR (2024-2029)

5.73%

Fastest Growing Segment

Carbon Brake

Largest Market

North America

Market Size (2029)

USD 13.87 Billion




Market Overview

Global Aircraft Wheels Brakes Market was valued at USD 9.96 Billion in 2023 and is anticipated to reach USD 13.87 billion by 2029, growing with a CAGR of 5.73% through 2029. The global aircraft wheels and brakes market is experiencing robust growth driven by several key factors. The rising demand for air travel, particularly in emerging economies, is fueling the need for more advanced and efficient aircraft components. This surge in demand is accompanied by an expanding commercial aircraft fleet worldwide, as airlines strive to meet increasing passenger traffic and expand their operational capacities. As a result, there is a growing requirement for reliable and high-performance wheels and brakes that can withstand rigorous operational conditions while ensuring passenger safety and operational efficiency.

Stringent safety and maintenance regulations are playing a pivotal role in shaping the market landscape. Aviation authorities and regulatory bodies worldwide have imposed stringent guidelines regarding aircraft safety and maintenance practices. This has necessitated the adoption of advanced wheel and brake systems that comply with these regulations, ensuring optimal performance and reliability throughout the aircraft's operational lifespan. Manufacturers are thus focusing on developing innovative solutions that not only enhance safety but also reduce maintenance costs and downtime, thereby driving market growth.

Technological advancements in materials and manufacturing processes are presenting significant opportunities for market expansion. The shift towards lightweight materials, such as carbon composites, for aircraft wheels and brakes is gaining traction due to their superior performance characteristics, including enhanced durability, reduced weight, and improved fuel efficiency. Additionally, advancements in braking systems, such as anti-skid technology and predictive maintenance capabilities, are further enhancing the operational efficiency and safety of aircraft, thereby creating new growth avenues for market players.

Challenges in the market is the high initial cost associated with advanced wheel and brake systems, which can deter adoption, particularly among smaller airlines and operators. The complex regulatory landscape across different jurisdictions poses challenges for manufacturers in terms of compliance and certification processes. The cyclical nature of the aerospace industry, influenced by economic downturns and geopolitical factors, can impact market growth and investment in new technologies.

The global aircraft wheels and brakes market is poised for substantial growth driven by increasing air travel demand, expanding commercial aircraft fleets, and stringent regulatory requirements. Technological advancements in materials and systems are providing opportunities for innovation and efficiency gains. However, market players must navigate challenges related to cost, regulatory compliance, and industry cyclicality to capitalize on these growth prospects effectively.

Key Market Drivers

Increasing Demand for Air Travel and Aircraft Fleet Expansion

One of the primary drivers for the global Aircraft Wheels and Brakes market is the continuous growth in air travel demand and the corresponding expansion of the commercial aircraft fleet. The aviation industry has witnessed a steady increase in passenger numbers over the years, driven by factors such as rising disposable incomes, globalization of businesses, and greater accessibility to air travel.

This growth in air travel has led to an increase in the number of commercial aircraft, including narrow-body, wide-body, and regional aircraft. As airlines expand their fleets to meet the growing passenger demand, the demand for reliable and efficient wheel and brake systems has grown concomitantly. Wheels and brakes are crucial components in ensuring the safety and operational efficiency of an aircraft, as they play a pivotal role in facilitating takeoffs, landings, and ground operations.

The aviation sector's constant drive to enhance safety and reduce maintenance costs has led to the demand for advanced wheel and brake systems. Modern aircraft are equipped with technologically advanced wheels and brakes that are designed to withstand high stress levels, deliver optimal performance, and require less frequent maintenance. As airlines continue to expand their fleets and upgrade their existing aircraft, the market for aircraft wheels and brakes experiences a commensurate growth.

For instance, In July 2024, Airbus projected that global air traffic would more than double over the next 20 years, rebounding from the decline caused by the pandemic and driven by expanding economies, particularly in the Asia-Pacific region. The European aircraft manufacturer anticipated an annual increase in air traffic of nearly 8% until 2027 as the industry swiftly recovered from Covid-related setbacks. This growth is expected to stabilize at a rate of 3.6% per year until 2043. Airbus forecasted that the global fleet would grow to 48,230 aircraft by 2043, up from 24,240 at the beginning of the year. Approximately 45% of new deliveries are expected to replace older, less fuel-efficient planes stated by Airbus.

Technological Advancements in Wheel and Brake Systems

The aviation industry is known for its relentless pursuit of technological advancements, and this drive for innovation significantly impacts the Aircraft Wheels and Brakes market. Modern wheel and brake systems have evolved to become highly advanced, incorporating cutting-edge materials, designs, and technologies to enhance their performance, reliability, and longevity.

Advanced materials, such as carbon composites, are increasingly being used in wheel and brake components, as they offer significant weight savings and improved thermal capabilities. These materials provide the dual benefit of reducing the overall weight of the aircraft, which in turn enhances fuel efficiency and environmental sustainability, while also ensuring the durability and performance of the braking system.

The integration of digital technologies is another critical aspect of technological advancement in wheel and brake systems. Data-driven solutions, such as sensors and real-time monitoring systems, are becoming more prevalent. These technologies enable the collection of critical performance data, which can be analyzed to support predictive maintenance, reduce downtime, and enhance the operational efficiency of the wheels and brakes.

Advanced braking systems, like anti-skid and anti-lock braking systems, contribute to the safety and performance of an aircraft during takeoffs and landings. Technological advancements are essential drivers for the Aircraft Wheels and Brakes market as they enable safer, more efficient, and more cost-effective operations in the aviation industry.

For instance, in July 2024, Avianca chose Collins Aerospace to supply wheels and brakes for its 103 new A320neo aircraft fleet over 15 years. Collins' DURACARB brakes promise extended lifespan, reduced maintenance, and enhanced operational efficiency, building on their existing collaboration with Avianca's A320ceo and A320neo fleets.

Focus on Fuel Efficiency and Environmental Sustainability

The aviation industry is under increasing pressure to enhance fuel efficiency and reduce its environmental footprint. This is primarily driven by environmental concerns and stringent regulations aimed at curbing greenhouse gas emissions. Aircraft Wheels and Brakes play a significant role in achieving these objectives.

Wheel and brake systems are integral to the safety and efficiency of aircraft, particularly during landings. Advanced braking systems and materials help optimize the stopping distance of an aircraft, thereby reducing the length of runways required for landing. This not only enhances operational efficiency but also contributes to fuel savings, as shorter runways require less fuel for takeoff and landing.

The use of lightweight materials and advanced designs in wheel and brake systems reduces the overall weight of the aircraft. A lighter aircraft consumes less fuel, making it more fuel-efficient and environmentally friendly. Additionally, reducing an aircraft's weight directly impacts its emissions, aligning with the aviation industry's commitment to environmental sustainability and emission reduction targets set by organizations like the International Air Transport Association (IATA).

The Aircraft Wheels and Brakes market is driven by the industry's collective efforts to improve fuel efficiency, reduce emissions, and adopt eco-friendly technologies.

Airline Fleet Modernization and Upgrades

Airline operators are continually modernizing their fleets by replacing older aircraft with new, more technologically advanced models. These fleet modernization efforts drive the demand for modern and reliable wheel and brake systems. Older aircraft, particularly those with outdated wheel and brake technology, are often retired or undergo extensive upgrades to ensure they meet current safety and performance standards.

Fleet modernization projects are driven by various factors, including the need to reduce operating costs, enhance passenger comfort, and meet regulatory requirements. Newer aircraft models come equipped with advanced wheel and brake systems that offer improved reliability, performance, and weight reduction benefits.

The demand for modern wheel and brake systems is not limited to commercial aircraft; military aircraft and cargo operators also prioritize fleet modernization. Modernized aircraft fleets equipped with state-of-the-art wheel and brake systems are more competitive, safer, and better suited to meet the evolving needs of aviation operations.

The market for Aircraft Wheels and Brakes benefits from this ongoing fleet modernization and upgrades, as it necessitates the development and supply of advanced wheel and brake systems to meet the stringent requirements of modern aircraft.

Increasing Defense and Military Aircraft Spending

The defense and military aircraft segment is another significant driver for the global Aircraft Wheels and Brakes market. Military aircraft require robust and specialized wheel and brake systems to meet the rigorous demands of their operations, including takeoffs, landings, and combat maneuvers. The defense sector's growing focus on modernizing its aircraft fleets and investing in advanced technologies drives the demand for specialized wheel and brake solutions.

Military operations often require aircraft to operate in diverse and challenging environments, including rough airstrips and adverse weather conditions. This demands highly durable and reliable wheel and brake systems that can withstand extreme stress and ensure the safety of military personnel.

As geopolitical tensions continue to rise, countries are allocating substantial budgets for the procurement and modernization of military aircraft. This includes investments in wheel and brake technologies that enhance the performance, safety, and operational capabilities of military aircraft.


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Key Market Challenges

Stringent Regulatory Compliance and Certification

One of the most significant challenges facing the global Aircraft Wheels and Brakes market is the rigorous regulatory environment governing aviation safety and certification. Aircraft wheel and brake systems are critical components in ensuring the safety and reliability of aircraft during takeoffs, landings, and ground operations. Consequently, regulatory authorities, such as the Federal Aviation Administration (FAA) in the United States and the European Union Aviation Safety Agency (EASA) in Europe, have established stringent requirements for the design, testing, and certification of these systems.

Meeting these regulatory requirements necessitates extensive testing, verification, and documentation processes. The complexity of certification, especially for innovative technologies and materials, often results in prolonged development cycles and higher costs. Manufacturers must demonstrate that their products are compliant with a wide range of safety standards and performance criteria, including the ability to withstand extreme operating conditions, such as high temperatures during braking and severe loads during landing.

Changes in regulatory standards or the introduction of new requirements can pose challenges for existing wheel and brake systems. Manufacturers must invest in research and development to ensure that their products remain compliant with evolving regulations, which can be a costly and time-consuming process.

The need for continuous compliance with stringent regulations remains a significant challenge in the Aircraft Wheels and Brakes market, as it requires manufacturers to maintain the highest standards of safety and reliability while keeping pace with changing regulatory landscapes.

Technological Advancements and Innovation

While technological advancements were previously discussed as a market driver, they also present challenges to the Aircraft Wheels and Brakes market. Rapid technological innovation in the aviation industry necessitates continuous updates and upgrades of wheel and brake systems to remain competitive. Aircraft manufacturers are continually developing new, more advanced aircraft models that require state-of-the-art wheel and brake systems.

These advancements can create challenges for manufacturers in terms of both research and development and manufacturing capabilities. For example, the integration of new materials, such as carbon composites, into wheel and brake components requires innovative manufacturing processes. Manufacturers must adapt their production methods and invest in new facilities and equipment to meet these demands. Additionally, the development of specialized technologies, such as regenerative braking systems and advanced anti-skid capabilities, requires substantial research and investment.

The rapid pace of technological change can lead to the obsolescence of older wheel and brake systems, putting pressure on manufacturers to provide timely upgrades and replacements for existing systems. This need for constant innovation can strain resources and create challenges for maintaining a competitive edge in the market.

Global Economic Uncertainty and Volatility

Global economic uncertainty and volatility significantly impact the Aircraft Wheels and Brakes market. Economic downturns, such as the global financial crisis in 2008 and the COVID-19 pandemic, have led to reduced air travel demand and a subsequent decrease in aircraft orders. This, in turn, results in lower demand for new wheel and brake systems.

During periods of economic instability, airlines may defer wheel and brake system maintenance and replacement to reduce costs, opting for more cost-effective repairs or overhauls instead of investing in new components. This deferral can have a cascading effect on the market, with manufacturers experiencing reduced demand for their products and service providers seeing lower volumes of maintenance work.

Economic volatility can lead to fluctuations in exchange rates, affecting the costs of raw materials and components used in wheel and brake system manufacturing. This volatility can disrupt supply chains and increase production costs.

While the aviation industry has shown resilience and the ability to rebound from economic crises, the uncertainty associated with economic cycles presents challenges for Aircraft Wheels and Brakes market stakeholders in managing their production capacities and maintaining a stable market position.

Complexity of International Supply Chains

The Aircraft Wheels and Brakes market is characterized by complex and often international supply chains. Manufacturers source components, materials, and technologies from a wide range of suppliers located in different regions of the world. This complexity can introduce vulnerabilities, particularly in times of global disruptions such as natural disasters, trade disputes, or pandemics.

One of the challenges associated with international supply chains is the potential for delays or disruptions in the delivery of critical components. For instance, a delay in the delivery of carbon composite materials from a supplier in a different country can affect the production schedule and lead to increased costs.

Geopolitical tensions and trade disputes can impact the sourcing of essential materials and components, leading to increased prices and potential shortages. Manufacturers often need to diversify their supply chain sources to mitigate these risks, which can introduce additional complexities and costs.

The Aircraft Wheels and Brakes market's dependence on international supply chains underscores the importance of effective supply chain management, risk mitigation strategies, and contingency planning to address disruptions effectively and ensure a continuous supply of components and materials.

Market Competition and Price Pressure

The Aircraft Wheels and Brakes market is highly competitive, with several established manufacturers and emerging players vying for market share. Established manufacturers such as Safran, UTC Aerospace Systems (now Raytheon Technologies), and Honeywell International have a strong market presence and significant resources for research and development. They often have long-term contracts and partnerships with major aircraft manufacturers, airlines, and military organizations.

New entrants into the market face challenges in establishing themselves and gaining the trust of customers. While there may be opportunities for specialization in specific types of wheel and brake systems or serving particular segments of the aviation industry, competition remains fierce.

Competitive pressure also extends to pricing, with airlines and aircraft manufacturers seeking cost-effective solutions without compromising safety and performance. As a result, manufacturers may face demands to reduce prices while maintaining high-quality standards, which can affect profit margins.

As aircraft fleets continue to modernize, there is a growing need for retrofitting older aircraft with advanced wheel and brake systems. Retrofit projects often require the development of custom solutions to ensure compatibility with existing aircraft configurations, which can be complex and costly. Price pressures in retrofit projects can be particularly challenging for manufacturers, as they must balance the need for cost-effective solutions with the demand for specialized products.

Key Market Trends

Rising Demand for Lightweight Materials and Advanced Composites

One of the prominent trends in the global Aircraft Wheels and Brakes market is the increasing demand for lightweight materials and advanced composites. Weight reduction is a critical factor in aviation, as it directly affects an aircraft's fuel efficiency, range, and environmental impact. Lightweight materials and advanced composites are increasingly being incorporated into wheel and brake components to address these challenges.

Carbon composites, for example, are gaining significant traction in the aviation industry due to their exceptional strength-to-weight ratio and thermal stability. These materials offer substantial weight savings over traditional metallic alloys, contributing to overall fuel efficiency and reduced emissions. Manufacturers are developing carbon composite brake discs and wheel rims that are not only lighter but also exhibit superior heat resistance, thereby extending their lifespan.

The use of advanced composites in wheel and brake components helps reduce unsprung weight, which has a positive impact on an aircraft's handling, ride quality, and overall performance. Airlines and aircraft manufacturers are increasingly seeking lightweight wheel and brake solutions to optimize their operations and meet environmental sustainability goals.

Integration of Advanced Technologies for Enhanced Performance

The aviation industry is witnessing a rapid integration of advanced technologies to enhance the performance and safety of Aircraft Wheels and Brakes. These technologies encompass a wide range of innovations, including smart sensors, real-time monitoring, and data-driven solutions.

Sensors are being incorporated into wheel and brake systems to collect data on various parameters such as temperature, pressure, wear, and performance. This real-time data is then transmitted to onboard systems and ground stations, enabling proactive maintenance and condition monitoring. For instance, sensors can detect early signs of wear or overheating, allowing maintenance crews to address issues before they lead to operational failures.

The integration of real-time monitoring and predictive maintenance tools is becoming increasingly common. These systems leverage data analytics and machine learning algorithms to predict when maintenance is needed, reducing downtime, increasing reliability, and extending the lifespan of wheel and brake components. Predictive maintenance is crucial in the aviation industry, where unplanned downtime can be costly and disrupt airline schedules.

The use of digital technologies enables enhanced communication and data sharing between wheel and brake systems and other aircraft systems. This connectivity contributes to overall aircraft performance and safety, as it allows for more efficient power distribution, real-time system management, and improved decision-making during critical phases of flight.

Rise of Electric and Hybrid-Electric Aircraft

The aviation industry is experiencing a paradigm shift with the development and adoption of electric and hybrid-electric aircraft. These next-generation aircraft are driven by the need to reduce fuel consumption, emissions, and noise pollution. The trend toward electrification has a direct impact on Aircraft Wheels and Brakes, as these systems must adapt to the unique requirements of electric propulsion systems.

Electric and hybrid-electric aircraft rely on wheel and brake systems to support regenerative braking, which converts kinetic energy into electrical energy during landing. This regenerative braking helps recharge the aircraft's batteries, contributing to improved energy efficiency and reducing the overall energy consumption of the aircraft.

Wheel and brake components used in electric and hybrid-electric aircraft need to be designed to accommodate the increased demand for electrical power and the higher torque generated by electric propulsion systems. These systems require precise control to ensure smooth and efficient power transfer during takeoff, landing, and taxiing.

The rise of electric and hybrid-electric aircraft is driving manufacturers to develop specialized wheel and brake systems tailored to the unique needs of these cutting-edge aircraft. As more electric and hybrid-electric aircraft enter service, the demand for advanced wheel and brake solutions will continue to grow.

Growth in Military Aircraft Upgrades and Modernization

The global Aircraft Wheels and Brakes market is influenced by the growing focus on military aircraft upgrades and modernization programs. Many countries are investing in the modernization of their military fleets to enhance operational capabilities, extend service life, and meet evolving defense needs.

Military aircraft require specialized wheel and brake systems to withstand the rigorous demands of combat operations, including short takeoffs and landings on unprepared airstrips. As part of these upgrades, advanced wheel and brake components are being incorporated into military aircraft to improve their performance, safety, and reliability.

Military modernization efforts are particularly significant for the market because they often involve the retrofitting of existing aircraft with advanced systems. These retrofit projects require customized solutions to ensure compatibility with various aircraft configurations, which can be complex and costly.

Military operations demand highly durable and reliable wheel and brake systems, which can withstand extreme stress, combat maneuvers, and adverse environmental conditions. Manufacturers are required to deliver wheel and brake components that meet stringent military specifications and certifications.

The growth in military aircraft upgrades and modernization programs presents opportunities and challenges for Aircraft Wheels and Brakes market participants, as it requires specialized products and solutions that meet the unique needs of defense applications.

Focus on Sustainable Aviation and Emission Reduction

Sustainability and environmental responsibility are becoming increasingly important in the aviation industry, and this trend has a significant impact on the Aircraft Wheels and Brakes market. Airlines and aircraft manufacturers are under pressure to reduce their environmental footprint and adopt more sustainable practices.

Aircraft Wheels and Brakes play a critical role in supporting sustainable aviation. By incorporating lightweight materials, advanced composites, and regenerative braking systems, manufacturers contribute to fuel efficiency, emissions reduction, and noise abatement. Reduced aircraft weight leads to lower fuel consumption, making flights more environmentally friendly.

Wheel and brake components need to meet environmental regulations and emissions standards, particularly in urban environments where noise pollution is a concern. Quieter braking systems and noise-reduction technologies are being developed and integrated into wheel and brake designs to address these challenges.

Sustainable aviation initiatives, such as the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) led by the International Civil Aviation Organization (ICAO), are driving the aviation industry to adopt greener technologies and practices. As a result, the Aircraft Wheels and Brakes market is experiencing a growing demand for sustainable and environmentally responsible solutions.

Segmental Insights

Wheel Type Insights

The Global Aircraft Wheels Brakes Market, segmented by wheel type into Nose Wheel and Main Landing Gear Wheel, reflects nuanced dynamics crucial to aviation operations. Nose wheels are pivotal for steering and maneuverability during ground movements, crucial for taxiing, take-off, and landing phases. Their design emphasizes precision engineering to ensure optimal handling under varying conditions, ranging from airport surfaces to adverse weather environments. Manufacturers continually innovate to enhance durability, reduce weight, and improve performance metrics like friction coefficient and heat dissipation.

Main Landing Gear Wheels bear substantial weight upon landing, requiring robust construction and advanced materials to withstand intense pressures and frictional forces. Their design integrates elements like high-strength alloys or composites to ensure structural integrity while minimizing overall weight, crucial for optimizing aircraft performance and fuel efficiency. These wheels undergo rigorous testing to meet stringent safety standards, ensuring reliability across diverse operational scenarios encountered by commercial and military aircraft globally.

The distinction between Nose and Main Landing Gear Wheels extends beyond functional roles to encompass operational efficiency and maintenance considerations. Airlines prioritize reliability and longevity, influencing procurement decisions based on performance metrics and lifecycle costs. Market trends reflect ongoing advancements in material sciences and manufacturing processes, driving innovation in wheel design to enhance operational efficiency and safety margins.

The segmentation of the Global Aircraft Wheels Brakes Market by Nose Wheel and Main Landing Gear Wheel underscores the critical role of each component in ensuring aircraft performance and safety. Manufacturers' focus on technological innovation and regulatory compliance underscores the market's evolution, catering to the dynamic needs of the aviation industry. As demand for air travel continues to grow, these segments will remain pivotal in shaping future developments within the global aerospace sector.


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Regional Insights

The Global Aircraft Wheels Brakes Market exhibits varied dynamics across different regions, reflecting unique operational requirements and regulatory landscapes. In North America, a mature aerospace industry drives significant demand for advanced wheel and brake systems. This region benefits from established infrastructure and a robust commercial aviation sector, fostering innovation in materials and technologies to enhance aircraft performance and safety. Stringent regulatory standards further propel the adoption of advanced braking systems, ensuring compliance with safety protocols across both commercial and military aircraft fleets.

Europe & CIS regions also play a crucial role in the global market, characterized by a strong aerospace manufacturing base and stringent regulatory frameworks. The emphasis here is on sustainability and efficiency, driving developments in lightweight materials and advanced braking technologies. The region's diverse aviation market demands tailored solutions that balance operational efficiency with environmental considerations, influencing the adoption of cutting-edge wheel and brake systems that meet stringent emissions and noise regulations.

Asia-Pacific is a dominating market, represents a burgeoning market for aircraft wheels and brakes, fueled by rapid economic growth and increasing air travel demand. The region's expanding commercial aircraft fleet drives investments in infrastructure and technology, supporting the adoption of advanced wheel and brake systems to enhance operational safety and efficiency. Local manufacturers are increasingly partnering with global aerospace giants to leverage technological expertise and meet regional market demands, positioning Asia-Pacific as a key growth area for the industry.

In South America, the aerospace sector is characterized by evolving regulatory frameworks and infrastructure development aimed at supporting regional air travel growth. The market here emphasizes cost-effective solutions without compromising on safety and performance standards. The region's diverse geographic and operational conditions necessitate tailored approaches in wheel and brake system design, catering to both commercial and military aviation needs.

The Middle East & Africa region showcases a growing aviation industry driven by expanding airline fleets and infrastructure investments. The market prioritizes reliability and durability in aircraft components, including wheels and brakes, to support the region's ambitious growth plans in aviation and aerospace. Regulatory alignment with international standards and strategic partnerships with global suppliers are pivotal in shaping the market landscape, ensuring that aircraft operations meet global safety and performance benchmarks.

The segmentation of the Global Aircraft Wheels Brakes Market by region highlights diverse market dynamics influenced by regulatory frameworks, economic factors, and technological advancements. Each region presents unique opportunities and challenges for industry stakeholders, driving continuous innovation and adaptation to meet evolving market demands in the global aerospace sector.d.

Recent Developments

  • In March 2023, AllClear Aerospace & Defense and Aircraft Wheel and Brake, LLC, a subsidiary of Kaman, established a distribution partnership. Under this agreement, AllClear Aerospace & Defense will exclusively distribute the wheels, brakes, and related components from Aircraft Wheel and Brake for the KT-1 and KT-100 platforms in select international markets. Aircraft Wheel and Brake LLC focuses on manufacturing brakes, wheels, and hydraulic systems specifically for military aircraft.
  • In December 2023, Emirates chose Honeywell to provide wheels and carbon brakes for its fleet of 116 Airbus A380 aircraft. Honeywell's innovative wheel and brake designs were selected due to their advantages in reducing weight, minimizing maintenance costs, and extending brake lifespan.
  • In April 2024, Safran Landing Systems inaugurated a newly upgraded laboratory at its Vélizy-Villacoublay facility in France. This renovated lab, featuring a cutting-edge test bench, is dedicated to the testing of wheels and carbon brakes. The 10 million euro investment aims to boost Safran's ability to develop and certify brakes that are more efficient, durable, and cost-effective for civil, military, and business aviation applications.

Key Market Players

  • Safran SA 
  • Meggitt PLC 
  • Honeywell International Inc
  • RTX Corporation
  • Crane Aerospace & Electronics
  •  Beringer Aero
  • Advent Aircraft Systems, Inc
  • Tactair Fluid Controls Inc.
  • Rapco Inc.
  • Matco Aircraft Landing Systems

By Wheel Type                                 

By Brake Type                    

By End-User                

By Aircraft Type                    

By Region                            
  • Nose Wheel
  • Main Landing Gear Wheel
  • Carbon Brake
  • Steel Brake
  • OEM
  • Aftermarket
  • Commercial Aircraft
  • Military Aircraft
  • North America
  • Europe & CIS
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Aircraft Wheels Brakes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Aircraft Wheels Brakes Market, By Wheel Type:

o   Nose Wheel

o   Main Landing Gear Wheel

  • Aircraft Wheels Brakes Market, By Brake Type:

o   Carbon Brake

o   Steel Brake

  • Aircraft Wheels Brakes Market, By End-User:

o   OEM

o   Aftermarket

  • Aircraft Wheels Brakes Market, By Aircraft Type:

o   Commercial Aircraft

o   Military Aircraft

  • Aircraft Wheels Brakes Market, By Region:

o   Asia-Pacific

§  China

§  India

§  Japan

§  Indonesia

§  Thailand

§  South Korea

§  Australia

o   Europe & CIS

§  Germany

§  Spain

§  France

§  Russia

§  Italy

§  United Kingdom

§  Belgium

o   North America

§  United States

§  Canada

§  Mexico

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Turkey

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Aircraft Wheels Brakes Market.

Available Customizations:

Global Aircraft Wheels Brakes Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Aircraft Wheels Brakes Market

5.    Global Aircraft Wheels Brakes Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Wheel Type Market Share Analysis (Nose Wheel and Main Landing Gear Wheel)

5.2.2.    By Brake Type Market Share Analysis (Carbon Brake and Steel Brake)

5.2.3.    By End-User Market Share Analysis (OEM and Aftermarket)

5.2.4.    By Aircraft Type Market Share Analysis (Commercial Aircraft and Military Aircraft)           

5.2.5.    By Regional Market Share Analysis

5.2.5.1.        Asia-Pacific Market Share Analysis

5.2.5.2.        Europe & CIS Market Share Analysis

5.2.5.3.        North America Market Share Analysis

5.2.5.4.        South America Market Share Analysis

5.2.5.5.        Middle East & Africa Market Share Analysis

5.2.6.    By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2023)

5.3.  Global Aircraft Wheels Brakes Market Mapping & Opportunity Assessment

5.3.1.    By Wheel Type Market Mapping & Opportunity Assessment

5.3.2.    By Brake Type Market Mapping & Opportunity Assessment

5.3.3.    By End-User Market Mapping & Opportunity Assessment

5.3.4.    By Aircraft Type Market Mapping & Opportunity Assessment

5.3.5.    By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Aircraft Wheels Brakes Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Wheel Type Market Share Analysis

6.2.2.    By Brake Type Market Share Analysis

6.2.3.    By End-User Market Share Analysis

6.2.4.    By Aircraft Type Market Share Analysis

6.2.5.    By Country Market Share Analysis

6.2.5.1.        China Market Share Analysis

6.2.5.2.        India Market Share Analysis

6.2.5.3.        Japan Market Share Analysis

6.2.5.4.        Indonesia Market Share Analysis

6.2.5.5.        Thailand Market Share Analysis

6.2.5.6.        South Korea Market Share Analysis

6.2.5.7.        Australia Market Share Analysis

6.2.5.8.        Rest of Asia-Pacific Market Share Analysis

6.3.  Asia-Pacific: Country Analysis

6.3.1.    China Aircraft Wheels Brakes Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value 

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Wheel Type Market Share Analysis

6.3.1.2.2.           By Brake Type Market Share Analysis

6.3.1.2.3.           By End-User Market Share Analysis

6.3.1.2.4.           By Aircraft Type Market Share Analysis

6.3.2.    India Aircraft Wheels Brakes Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value  

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Wheel Type Market Share Analysis

6.3.2.2.2.           By Brake Type Market Share Analysis

6.3.2.2.3.           By End-User Market Share Analysis

6.3.2.2.4.           By Aircraft Type Market Share Analysis

6.3.3.    Japan Aircraft Wheels Brakes Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value  

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Wheel Type Market Share Analysis

6.3.3.2.2.           By Brake Type Market Share Analysis

6.3.3.2.3.           By End-User Market Share Analysis

6.3.3.2.4.           By Aircraft Type Market Share Analysis

6.3.4.    Indonesia Aircraft Wheels Brakes Market Outlook

6.3.4.1.        Market Size & Forecast

6.3.4.1.1.           By Value  

6.3.4.2.        Market Share & Forecast

6.3.4.2.1.           By Wheel Type Market Share Analysis

6.3.4.2.2.           By Brake Type Market Share Analysis

6.3.4.2.3.           By End-User Market Share Analysis

6.3.4.2.4.           By Aircraft Type Market Share Analysis

6.3.5.    Thailand Aircraft Wheels Brakes Market Outlook

6.3.5.1.        Market Size & Forecast

6.3.5.1.1.           By Value 

6.3.5.2.        Market Share & Forecast

6.3.5.2.1.           By Wheel Type Market Share Analysis

6.3.5.2.2.           By Brake Type Market Share Analysis

6.3.5.2.3.           By End-User Market Share Analysis

6.3.5.2.4.           By Aircraft Type Market Share Analysis

6.3.6.    South Korea Aircraft Wheels Brakes Market Outlook

6.3.6.1.        Market Size & Forecast

6.3.6.1.1.           By Value 

6.3.6.2.        Market Share & Forecast

6.3.6.2.1.           By Wheel Type Market Share Analysis

6.3.6.2.2.           By Brake Type Market Share Analysis

6.3.6.2.3.           By End-User Market Share Analysis

6.3.6.2.4.           By Aircraft Type Market Share Analysis

6.3.7.    Australia Aircraft Wheels Brakes Market Outlook

6.3.7.1.        Market Size & Forecast

6.3.7.1.1.           By Value 

6.3.7.2.        Market Share & Forecast

6.3.7.2.1.           By Wheel Type Market Share Analysis

6.3.7.2.2.           By Brake Type Market Share Analysis

6.3.7.2.3.           By End-User Market Share Analysis

6.3.7.2.4.           By Aircraft Type Market Share Analysis

7.    Europe & CIS Aircraft Wheels Brakes Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value 

7.2.  Market Share & Forecast

7.2.1.    By Wheel Type Market Share Analysis

7.2.2.    By Brake Type Market Share Analysis

7.2.3.    By End-User Market Share Analysis

7.2.4.    By Aircraft Type Market Share Analysis

7.2.5.    By Country Market Share Analysis

7.2.5.1.        Germany Market Share Analysis

7.2.5.2.        Spain Market Share Analysis

7.2.5.3.        France Market Share Analysis

7.2.5.4.        Russia Market Share Analysis

7.2.5.5.        Italy Market Share Analysis

7.2.5.6.        United Kingdom Market Share Analysis

7.2.5.7.        Belgium Market Share Analysis

7.2.5.8.        Rest of Europe & CIS Market Share Analysis

7.3.  Europe & CIS: Country Analysis

7.3.1.    Germany Aircraft Wheels Brakes Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value  

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Wheel Type Market Share Analysis

7.3.1.2.2.           By Brake Type Market Share Analysis

7.3.1.2.3.           By End-User Market Share Analysis

7.3.1.2.4.           By Aircraft Type Market Share Analysis

7.3.2.    Spain Aircraft Wheels Brakes Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Wheel Type Market Share Analysis

7.3.2.2.2.           By Brake Type Market Share Analysis

7.3.2.2.3.           By End-User Market Share Analysis

7.3.2.2.4.           By Aircraft Type Market Share Analysis

7.3.3.    France Aircraft Wheels Brakes Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Wheel Type Market Share Analysis

7.3.3.2.2.           By Brake Type Market Share Analysis

7.3.3.2.3.           By End-User Market Share Analysis

7.3.3.2.4.           By Aircraft Type Market Share Analysis

7.3.4.    Russia Aircraft Wheels Brakes Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Wheel Type Market Share Analysis

7.3.4.2.2.           By Brake Type Market Share Analysis

7.3.4.2.3.           By End-User Market Share Analysis

7.3.4.2.4.           By Aircraft Type Market Share Analysis

7.3.5.    Italy Aircraft Wheels Brakes Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value 

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Wheel Type Market Share Analysis

7.3.5.2.2.           By Brake Type Market Share Analysis

7.3.5.2.3.           By End-User Market Share Analysis

7.3.5.2.4.           By Aircraft Type Market Share Analysis

7.3.6.    United Kingdom Aircraft Wheels Brakes Market Outlook

7.3.6.1.        Market Size & Forecast

7.3.6.1.1.           By Value

7.3.6.2.        Market Share & Forecast

7.3.6.2.1.           By Wheel Type Market Share Analysis

7.3.6.2.2.           By Brake Type Market Share Analysis

7.3.6.2.3.           By End-User Market Share Analysis

7.3.6.2.4.           By Aircraft Type Market Share Analysis

7.3.7.    Belgium Aircraft Wheels Brakes Market Outlook

7.3.7.1.        Market Size & Forecast

7.3.7.1.1.           By Value

7.3.7.2.        Market Share & Forecast

7.3.7.2.1.           By Wheel Type Market Share Analysis

7.3.7.2.2.           By Brake Type Market Share Analysis

7.3.7.2.3.           By End-User Market Share Analysis

7.3.7.2.4.           By Aircraft Type Market Share Analysis

8.    North America Aircraft Wheels Brakes Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Wheel Type Market Share Analysis

8.2.2.    By Brake Type Market Share Analysis

8.2.3.    By End-User Market Share Analysis

8.2.4.    By Aircraft Type Market Share Analysis

8.2.5.    By Country Market Share Analysis

8.2.5.1.        United States Market Share Analysis

8.2.5.2.        Mexico Market Share Analysis

8.2.5.3.        Canada Market Share Analysis

8.3.  North America: Country Analysis

8.3.1.    United States Aircraft Wheels Brakes Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Wheel Type Market Share Analysis

8.3.1.2.2.           By Brake Type Market Share Analysis

8.3.1.2.3.           By End-User Market Share Analysis

8.3.1.2.4.           By Aircraft Type Market Share Analysis

8.3.2.    Mexico Aircraft Wheels Brakes Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Wheel Type Market Share Analysis

8.3.2.2.2.           By Brake Type Market Share Analysis

8.3.2.2.3.           By End-User Market Share Analysis

8.3.2.2.4.           By Aircraft Type Market Share Analysis

8.3.3.    Canada Aircraft Wheels Brakes Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Wheel Type Market Share Analysis

8.3.3.2.2.           By Brake Type Market Share Analysis

8.3.3.2.3.           By End-User Market Share Analysis

8.3.3.2.4.           By Aircraft Type Market Share Analysis

9.    South America Aircraft Wheels Brakes Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Wheel Type Market Share Analysis

9.2.2.    By Brake Type Market Share Analysis

9.2.3.    By End-User Market Share Analysis

9.2.4.    By Aircraft Type Market Share Analysis

9.2.5.    By Country Market Share Analysis

9.2.5.1.        Brazil Market Share Analysis

9.2.5.2.        Argentina Market Share Analysis

9.2.5.3.        Colombia Market Share Analysis

9.2.5.4.        Rest of South America Market Share Analysis

9.3.  South America: Country Analysis

9.3.1.    Brazil Aircraft Wheels Brakes Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value  

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Wheel Type Market Share Analysis

9.3.1.2.2.           By Brake Type Market Share Analysis

9.3.1.2.3.           By End-User Market Share Analysis

9.3.1.2.4.           By Aircraft Type Market Share Analysis

9.3.2.    Colombia Aircraft Wheels Brakes Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Wheel Type Market Share Analysis

9.3.2.2.2.           By Brake Type Market Share Analysis

9.3.2.2.3.           By End-User Market Share Analysis

9.3.2.2.4.           By Aircraft Type Market Share Analysis

9.3.3.    Argentina Aircraft Wheels Brakes Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value  

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Wheel Type Market Share Analysis

9.3.3.2.2.           By Brake Type Market Share Analysis

9.3.3.2.3.           By End-User Market Share Analysis

9.3.3.2.4.           By Aircraft Type Market Share Analysis

10.  Middle East & Africa Aircraft Wheels Brakes Market Outlook

10.1.            Market Size & Forecast

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Wheel Type Market Share Analysis

10.2.2. By Brake Type Market Share Analysis

10.2.3. By End-User Market Share Analysis

10.2.4. By Aircraft Type Market Share Analysis

10.2.5. By Country Market Share Analysis

10.2.5.1.     South Africa Market Share Analysis

10.2.5.2.     Turkey Market Share Analysis

10.2.5.3.     Saudi Arabia Market Share Analysis

10.2.5.4.     UAE Market Share Analysis

10.2.5.5.     Rest of Middle East & Africa Market Share Analysis

10.3.            Middle East & Africa: Country Analysis

10.3.1. South Africa Aircraft Wheels Brakes Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value  

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Wheel Type Market Share Analysis

10.3.1.2.2.         By Brake Type Market Share Analysis

10.3.1.2.3.         By End-User Market Share Analysis

10.3.1.2.4.         By Aircraft Type Market Share Analysis

10.3.2. Turkey Aircraft Wheels Brakes Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value  

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Wheel Type Market Share Analysis

10.3.2.2.2.         By Brake Type Market Share Analysis

10.3.2.2.3.         By End-User Market Share Analysis

10.3.2.2.4.         By Aircraft Type Market Share Analysis

10.3.3. Saudi Arabia Aircraft Wheels Brakes Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Wheel Type Market Share Analysis

10.3.3.2.2.         By Brake Type Market Share Analysis

10.3.3.2.3.         By End-User Market Share Analysis

10.3.3.2.4.         By Aircraft Type Market Share Analysis

10.3.4. UAE Aircraft Wheels Brakes Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Wheel Type Market Share Analysis

10.3.4.2.2.         By Brake Type Market Share Analysis

10.3.4.2.3.         By End-User Market Share Analysis

10.3.4.2.4.         By Aircraft Type Market Share Analysis

11.  SWOT Analysis

11.1.            Strength

11.2.            Weakness

11.3.            Opportunities

11.4.            Threats

12.  Market Dynamics

12.1.            Market Drivers

12.2.            Market Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1.            Company Profiles (Up to 10 Major Companies)

14.1.1. Safran SA

14.1.1.1.     Company Details

14.1.1.2.     Key Product Offered

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Recent Developments

14.1.1.5.     Key Management Personnel

14.1.2. Meggitt PLC 

14.1.2.1.     Company Details

14.1.2.2.     Key Product Offered

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Recent Developments

14.1.2.5.     Key Management Personnel

14.1.3. Honeywell International Inc

14.1.3.1.     Company Details

14.1.3.2.     Key Product Offered

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Recent Developments

14.1.3.5.     Key Management Personnel

14.1.4. RTX Corporation

14.1.4.1.     Company Details

14.1.4.2.     Key Product Offered

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Recent Developments

14.1.4.5.     Key Management Personnel

14.1.5. Crane Aerospace & Electronics

14.1.5.1.     Company Details

14.1.5.2.     Key Product Offered

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Recent Developments

14.1.5.5.     Key Management Personnel

14.1.6. Beringer Aero

14.1.6.1.     Company Details

14.1.6.2.     Key Product Offered

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Recent Developments

14.1.6.5.     Key Management Personnel

14.1.7. Advent Aircraft Systems, Inc

14.1.7.1.     Company Details

14.1.7.2.     Key Product Offered

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Recent Developments

14.1.7.5.     Key Management Personnel

14.1.8. Tactair Fluid Controls Inc

14.1.8.1.     Company Details

14.1.8.2.     Key Product Offered

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Recent Developments

14.1.8.5.     Key Management Personnel

14.1.9. Rapco Inc.

14.1.9.1.     Company Details

14.1.9.2.     Key Product Offered

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Recent Developments

14.1.9.5.     Key Management Personnel

14.1.10. Matco Aircraft Landing Systems

14.1.10.1.  Company Details

14.1.10.2.  Key Product Offered

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Recent Developments

14.1.10.5.  Key Management Personnel

15.  Strategic Recommendations

15.1.            Key Focus Areas

15.1.1. Target Regions

15.1.2. Target Wheel Type

15.1.3. Target Brake Type

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Aircraft Wheels Brakes Market was estimated to be USD 9.96 Billion in 2023.

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In 2023, the carbon brake segment was the fastest-growing segment in the Global Aircraft Wheels Brakes Market. Carbon brakes are favored for their superior performance characteristics, including lighter weight, better heat dissipation, and longer lifespan compared to traditional steel brakes. These advantages have driven their increasing adoption across both commercial and military aircraft fleets, contributing to their significant growth in the market.

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North America dominates the global aircraft wheels and brakes market. This can be attributed to the presence of major market players, extensive aviation infrastructure, and a high volume of air traffic in this region.

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Key factors propelling the Global Aircraft Wheels Brakes Market include increasing global air travel demand, expanding commercial aircraft fleets, and rigorous safety and maintenance regulations necessitating advanced wheel and brake systems.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Aircraft Wheels Brakes Market to Grow with a CAGR of 5.73% Globally through 2029

Aug, 2024

The key factors propelling the Global Aircraft Wheels Brakes Market are increasing air travel demand, growth in commercial aircraft fleets, and strict safety and maintenance regulations necessitating

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