Aircraft Carbon Brake Disc Market is Expected to Grow at CAGR of 5.9% to Have a Market Share of US$ 2.1 Billion by Forecast 2033 End | Future Market Insights, Inc.

PRESS RELEASE
Published June 29, 2023

NEWARK, DE / ACCESSWIRE / June 28, 2023 / The aircraft carbon brake disc market is anticipated to expand its roots at an average CAGR of 5.9% between 2023 and 2033. The market is expected to have a market share of US$ 2.1 billion by 2033, while it is likely to be valued at US$ 1.18 billion in 2023.

  • Stringent government policies, higher performance, cost efficiency, and longer shelf life are some leading factors contributing to market growth. Furthermore, the lighter weight of carbon brake discs also reduces fuel consumption, limiting the environmental impact of each flight.
  • Different grades of carbon brake discs offer various sets of properties that can be used according to the aircraft model and generation. Alongside this, the advanced feature of this type of brake disc also helps the overall flight experience.
  • The higher air travel, long-lasting performance, stable quality, and lower competitive cost are in line with the benefits of the aircraft carbon brake discs.
  • The enhanced operational and security flexibility is delivered through less maintenance and shorter braking distance. Furthermore, it is a part of the eco-friendly airplanes that are also flourishing in their market growth across the regions.

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Key Pointers:

  1. The United States market leads the aircraft carbon brake disc market in terms of market share in North America. The United States region held a market share of 27.2% in 2022. The growth in this region is attributed to the rising number of fleets, strict government policies around civil aviation, and an increased number of people taking flights.
  2. The German market is another thriving market in the European region. The market captured a market share of 7.2% in 2022. The growth is attributed to the government's efforts for environmentally friendly flights and Germany being the hub of aircraft and its parts manufacturing.
  3. The China aircraft carbon brake disc market thrives at a CAGR of 6.3% during the forecast period. The growth is caused by the higher military aircraft consumption coupled with technological adoptions of the Chinese Airforce.
  4. The Indian market thrives at a CAGR of 7.1% between 2023 and 2033. The higher growth rate is caused by higher consumption, aviation updates, and large investments in India's civil aviation through government and private entities.
  5. Based on material type, the carbon composite segment leads the market as it held a share of 65.5% in 2022.
  6. Based on the aircraft type, the general aviation segment leads, holding a market share of 56.2% in 2022.

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Competitive Landscape:

The key vendors focus on producing lighter, more durable, and effective disc brakes. Key competitors merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Key Companies Profiled:

  • CFCCARBON CO, LTD
  • Crane Aerospace and Electronics
  • Mersen
  • Parker-Hannifin Corp.
  • Raytheon Technologies
  • RUBIN AVIATION CORPORATION
  • Safran
  • SGL Carbon
  • Thermocoax
  • ZOLTEK Corporation

Key Segmentation:

By Material Type:

  • Carbon-Carbon
  • Carbon-Composite

By Aircraft Type:

  • General Aviation
  • Military Aircrafts

By Fit Type:

  • First Fit
  • Retro Fit

By Regions Covered:

  • North America
  • United States
  • Canada
  • Brazil
  • Mexico
  • Rest of Latin America
  • Germany
  • United Kingdom
  • France
  • Spain
  • Russia
  • Rest of Europe
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of Asia Pacific Excluding Japan (APEJ)
  • GCC Countries
  • Israel
  • South Africa
  • Middle East and Africa (MEA)
  • Latin America
  • Europe
  • Japan
  • Asia Pacific Excluding Japan
  • The Middle East and Africa

Recent Market Developments

  • Parker-Hannifin Corp has introduced the Parker multiple-disc carbon brake. The brake disc delivers a working pressure of 2000 psi and is made for commercial aviation usage.
  • Raytheon Technology's Collins Aerospace has launched its carbon aircraft brake disc for aircraft of different sizes and shapes. The material used in the brake is a form of carbon developed under DURACARB.

Explore key segmentation and stay updated with recent market developments in the aircraft carbon brake discs market. Our expert analysts are ready to assist you. Ask our expert analyst now to gain valuable insights and make informed business decisions. Click here to connect with our expert analyst:
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Table of Content (ToC):

1. Executive Summary | Automotive Lighting Market

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Product Life Cycle Analysis

3.5. Supply Chain Analysis

3.5.1. Supply Side Participants and Their Roles

3.5.1.1. Producers

3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

3.5.1.3. Wholesalers and Distributors

3.5.2. Value Added and Value Created at Node in the Supply Chain

3.5.3. List of Raw Material Suppliers

3.5.4. List of Existing and Potential Buyer's

3.6. Investment Feasibility Matrix

3.7. Value Chain Analysis

3.7.1. Profit Margin Analysis

3.7.2. Wholesalers and Distributors

3.7.3. Retailers

3.8. PESTLE and Porter's Analysis

3.9. Regulatory Landscape

3.9.1. By Key Regions

3.9.2. By Key Countries

3.10. Regional Parent Market Outlook

3.11. Production and Consumption Statistics

3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

View the Complete ToC of this Report: https://www.futuremarketinsights.com/toc/rep-gb-10467

Explore Wide-ranging Coverage of FMI's Automotive Landscape:

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Electric Boats Market: Is anticipated to expand at a CAGR of 10.4% over the forecasted time. According to projections, the market would be worth US$ 15.1 billion by 2033, up from US$ 5.6 billion in 2023.

Automotive Electronics Market: Approximately $249,653 billion US dollars. The automotive electronics market grew at a CAGR of 4.6% between 2023 and 2033, reaching US$ 391.43 billion.

Automotive Brake System Market: Demand is projected to be worth US$ 6,113.2 Million in 2022 and US$ 29,548.6 Million from 2022 to 2032 at a CAGR of 16.9%.

Automotive Brake System & Components Market: Is anticipated to reach a value of US$ 66,414.8 Million in 2022 and increase at a predicted CAGR of 4.7% between 2022 and 2032. By 2032, it is anticipated that the market for automobile braking systems and components would be worth US$105,131.2 million.

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