Aircraft Carbon Braking System Market is Expected to Reach $1.78 Billion by 2023
Trends, opportunities and forecast in this market to 2023 by aircraft type (commercial aircraft, business jet, regional aircraft, and military aircraft) and by region (North America, Europe, Asia Pacific, and the Rest of the World)
IRVING, Texas, December 21, 2017 (Newswire.com) - According to a new market report published by Lucintel, the future of the global aircraft carbon braking system market looks promising with opportunities in commercial aircraft, business jets, regional aircraft, and military aircraft. The global aircraft carbon braking system market is expected to reach an estimated $1.78 billion by 2023 and with a CAGR of 4.5% from 2018 to 2023. The major growth drivers for this market are increasing aircraft deliveries and increasing installation of carbon braking systems in aircraft.
Browse 32 market data Tables and 41 Figures spread through 107 Pages and in-depth TOC on “Aircraft Carbon Braking System Market – Global Forecast to 2023” http://www.lucintel.com/aircraft-carbon-braking-system-market.aspx
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Commercial aircraft is expected to remain the largest segment during the forecast period
In this market, commercial aircraft, business jets, regional aircraft, and military aircraft are the segments by end use (aircraft type). Lucintel forecasts that commercial aircraft is expected to remain the largest segment followed by business jet and military aircraft. On the basis of its comprehensive research, Lucintel forecasts that the commercial aircraft segment will show above average growth during the forecast period.
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North America is expected to remain the largest region during the forecast period due to highest number of aircraft deliveries and production in this region.
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Emerging trends, which have a direct impact on the dynamics of the industry, include use of nano-composite material in carbon braking system. Safran (Messier Bugatti Dowty), Honeywell, and Meggitt are among the major suppliers of carbon braking systems.
The study includes a forecast for the global aircraft carbon braking system market by aircraft type and region as follows:
By End Use (Aircraft type) (Value ($ million) and Volume (units) from 2012 to 2023):
· Commercial Aircraft
· Business Jets
· Regional Aircraft
· Military Aircraft
By Region (Value ($ million) and Volume (units) from 2012 to 2023):
· North America
· Europe
· Asia Pacific
· The Rest of the World
This 107 - page 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 helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the global aircraft carbon braking system market by aircraft type (commercial aircraft, business jet, regional aircraft, and military aircraft) and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges in this market?
Q.5 What are the business risks and threats of this market?
Q.6 What are emerging trends in this market and reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market? Which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M&A activity has occurred in the last 5 years?
Source: Lucintel