During the forecasted period of 2022 to 2032, the worldwide aircraft carbon brake disc market is anticipated to have a favourable outlook. The global market is estimated to grow to a peak of US$ 2,034.81 Million by the year 2032, from a predicted value of roughly US$ 1,136.23 Million in 2022. In 2021, the market for carbon brake discs for aircraft was estimated to be worth $1,071.92 million.
The market is expanding as a result of carbon brake discs working as a feasible substitute for steel brakes and offering significant weight reductions when compared to the latter. Additionally, carbon brake discs are known to wear consistently and function better as the temperature rises. Hence, the market assessment
The global aircraft carbon brake disc market is gaining a robust surge in the volume of sales since it is known as an important component that is being used while take-offs, landings, maneuvering, stopping, and landing the aircraft. To assure the safety of the flights, high carbon brake disc rotors are quickly being found; additionally, they are consumer parts that release the brakes simultaneously. The aeroplane carbon brake disc is a cutting-edge brake mechanism, according to the analysts at FMI.
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While contrasting the reinforced carbon brake disc with steel brakes, it is obvious that aircraft carbon brake discs are lighter comprising a better health dissipation property. Furthermore, it does not reduce the energy absorption characteristics at high temperatures. Hence, it has been projected that directional control of an aircraft during ground operations is a crucial aspect of the aviation industry. Therefore, the aircraft carbon brake disc market is likely to have significant growth during the forecast period.
Key Takeaways
- The aircraft carbon fiber reinforced carbon brake discs are thicker as compared to the steel rotor used in the aircraft and are remarkably light. Attributed to this feature, the widespread adoption of a carbon brake disc in the aircraft industry is witnessed over the forecast period.
- The aircraft carbon brake disc is capable of withstanding temperatures more than 50% higher than steel component brakes. In addition to that, it has been revealed while analyzing that the aircraft carbon brake discs are capable of withstanding2-3 times the heat of a steel brake in non-aircraft applications.
- Overall lower costs are associated with the aircraft carbon brake discs since they require minimal maintenance. The minimum operating costs are combined with brake life improvement, lower consumption of fuel, and compact aircraft feasibility is driving the market size of aircraft carbon brake discs.
- The ease of retrofitting by manufacturing and engineering technologies is expected to lower the costs for specific aircraft models. Therefore, aircraft carbon brake discs are highly preferred by aircraft manufacturers.
- The surge in demand for air passengers has led to a surge in the demand for aircraft, which is further anticipated to drive growth in the aircraft carbon brake disc market over the assessment period.
- While analyzing the aircraft carbon brake disc market, it has been identified that the market has gained significant traction over recent years owing to the excessive utilization of these discs in aircraft. The aircraft carbon brake disc market has been gaining popularity over the forecast period, due to its rapid usage in military and commercial aircraft for gliding, taking off, and landing. This aspect is witnessed to be the key growth prospect for the industry and has resulted in a considerable upsurge of demand in the carbon brake disc forum.
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Competitive Landscape
The manufacturers are focusing on capitalizing on improving the functionality of aircraft carbon brake discs for better handling of the ground procedures along with catering to the rising demand for safety for the air-passengers. The prominent key players are majorly focusing on product development and are also emphasizing offering certified products through quality brake systems with technological advances in order to increase their brand value.
In addition to that, various key players in the aerospace industry are anticipated to take stringent measures in order to mitigate steep falls in their revenues and demand, thereby propelling market expansion in the upcoming years.
Key Segments in the Aircraft Carbon Brake Disc Market:
By Material Type:
- Carbon-Carbon
- Carbon-Composite
By Aircraft Type:
- General Aviation
- Commercial Aircraft
- Narrow Body Aircraft
- Wide Body Aircraft
- Regional Jets
- Military Aircrafts
By Fit Type:
- First Fit
- Retro Fit
By Region:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa(MEA)
- Europe
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More Insights into the Aircraft Carbon Brake Disc Market
North American region is expected to account for the largest market share over the recent years by accounting for a CAGR of around 5.1% throughout the forecast period. This region has been experiencing rapid growth in terms of aircraft production and is likely to dominate the market share for aircraft carbon brake discs in the upcoming years.
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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