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 at CAGR of 6%, 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 growing as a result of the large weight reduction of carbon brake discs over steel brakes. Carbon brake discs are additionally known to wear uniformly and perform better as the temperature rises. Hence, the market evaluation
Due to the widespread use of aircraft carbon brake discs during takeoff, landing, manoeuvring, halting, and landing, their demand is increasing rapidly on the global market. High carbon brake disc rotors are being sought out as quickly as feasible to safeguard the safety of the aircraft; additionally, they are common components that simultaneously release the brakes. The brake system of the aeroplane, according to its carbon brake disc, is cutting edge.
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It is clear that aircraft carbon brake discs are both lighter and more effective at dispersing heat when compared to reinforced carbon brake discs made of steel. Additionally, it barely affects the characteristics of high-temperature energy absorption. As a result, it has been anticipated that controlling an aircraft when it is on the ground will be crucial in the aviation sector. As a result, it is anticipated that throughout the anticipated period, the market for carbon brake discs for aeroplanes will expand significantly.
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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