The aircraft carbon brake disc market is projected to experience steady growth, with a compound annual growth rate (CAGR) of 5.9% from 2023 to 2033. By 2033, the market is expected to reach a valuation of USD 2.1 billion, up from USD 1.18 billion in 2023.
Several factors are driving this growth, including stringent government regulations, superior performance, cost efficiency, and an extended shelf life. The lighter weight of carbon brake discs also contributes to reduced fuel consumption, which helps minimize the environmental impact of flights.
Carbon brake discs are available in various grades, each designed to meet the specific requirements of different aircraft models and generations. Their advanced features enhance the overall flight experience by improving performance.
The increase in air travel, coupled with the durability, consistent quality, and competitive pricing of aircraft carbon brake discs, further aligns with the advantages offered by these components. They provide enhanced operational flexibility and safety by reducing maintenance needs and shortening braking distances. Additionally, their contribution to eco-friendly airplanes is boosting their market presence across various regions.
Make Informed Business Decisions With a Automotive Market Overview. Get Your Sample Report Now to Access Valuable Insights from Industry Experts.
Key Points
- 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.
- 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.
- 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.
- The India 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.
- Based on material type, the carbon composite segment leads the market as it held a share of 65.5% in 2022.
- Based on the aircraft type, the general aviation segment leads, holding a market share of 56.2% in 2022.
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 Players
- CFCCARBON CO, LTD
- Crane Aerospace and Electronics
- Mersen
- Parker-Hannifin Corp.
- Raytheon Technologies
- RUBIN AVIATION CORPORATION
- Safran
- SGL Carbon
- Thermocoax
- ZOLTEK Corporation
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.
Key Segments Covered
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
About the Automotive Division at Future Market Insights
The automotive team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 million+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube