Lucintel Forecasts Aircraft Carbon Braking System Market to Reach $2.0 Billion by 2027

According to the recent study the aircraft carbon braking system market is projected to reach an estimated $2.0 billion by 2027 from $1.4 billion in 2021, at a CAGR of 6.6% from 2021 to 2027. Growth in this market is primarily driven by increasing aircraft deliveries and increasing installation of carbon braking systems in aircraft.
Browse 56 figures / charts and 34 tables in this 107 -page report to understand trends, opportunities and forecast in aircraft carbon braking system market by aircraft type (commercial aircraft, business jet, regional aircraft, and military aircraft) and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Commercial aircraft market is expected to remain the largest segment during the forecast period.”
Based on aircraft type, the aircraft carbon braking system market is segmented into commercial aircraft, business jet, regional aircraft, and military aircraft. Lucintel forecasts that the commercial aircraft market is expected to remain the largest segment due to usage of carbon brakes in most of commercial aircraft.
“North America will dominate the aircraft carbon braking system market in near future”
North America is expected to remain the largest region during the forecast period due to highest number of aircraft deliveries and production in this region.
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Major players of aircraft carbon braking system market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Raytheon Technologies, Safran, Honeywell, Meggitt, and Crane Aerospace are among the major aircraft carbon braking system providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/aircraft-carbon-braking-system-market.aspx or helpdesk@lucintel.com
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