Aerospace Industry Today
The Market of Aerospace Braking Control System to experience an impressive growth of 5.9% CAGR during 2016-2021
The new report of Stratview Research analyses the Aerospace Braking Control System market over the trend period from 2010 to 2015 and forecast period from 2016 to 2021. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Published 17 July 2019
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
An overview: Increasing deliveries of new commercial aircraft
The aerospace & defense braking control system market offers attractive opportunities over the next five years. The market is expected to grow at a healthy CAGR of 5.9% over the next five years to reach $694.1 million in 2021. Increasing deliveries of new commercial aircraft, rising global aircraft fleet, and advancement in the braking control system technology are some of the growth drivers of the global aerospace and defense braking control system market.
Commercial aircraft: The growth engine
The Aerospace and defense braking control system market is segmented based on aircraft type: commercial aircraft, regional aircraft, general aviation, and military & other aircraft. Commercial aircraft has been the largest segment in the global braking control system market in the aerospace & defense industry and is forecasted to remain the largest segment over the next five years. In addition to that, the segment is also likely to witness the fastest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737, and expected entry of upcoming aircraft, such as Comac C919.
A highly/moderately/fragment consolidated Market
Safran group, Crane Co. (Hydro-Aire), Meggitt (MABS) are the leading manufacturers of aerospace & defense braking control system market capturing most of the total market share. New product development, regional expansion, and long-term contacts are the key strategies adopted by the key players to gain a competitive edge in the market.
Regional Hegemony of North America & the dominance of Aftermarket
Based on region, the global aerospace and defense braking control system market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to remain the largest market in the global aerospace and defense braking control system market over the next five years whereas Asia-Pacific is likely to register the fastest growth in the market for the same period.
Aftermarket is expected to remain the largest user of the braking control system market in the global aerospace and defense industry over the next five years. The segment is also expected to be the highest growing segment during the forecast period. Both segments (OEM and aftermarket) are likely to experience an impressive growth in the foreseeable future.
Comprehensive Market Coverage
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
An overview: Increasing deliveries of new commercial aircraft
The aerospace & defense braking control system market offers attractive opportunities over the next five years. The market is expected to grow at a healthy CAGR of 5.9% over the next five years to reach $694.1 million in 2021. Increasing deliveries of new commercial aircraft, rising global aircraft fleet, and advancement in the braking control system technology are some of the growth drivers of the global aerospace and defense braking control system market.
Commercial aircraft: The growth engine
The Aerospace and defense braking control system market is segmented based on aircraft type: commercial aircraft, regional aircraft, general aviation, and military & other aircraft. Commercial aircraft has been the largest segment in the global braking control system market in the aerospace & defense industry and is forecasted to remain the largest segment over the next five years. In addition to that, the segment is also likely to witness the fastest growth for the same period, driven by an increased production rates of major commercial aircraft, such as B737, A320 family, A350XWB, and B737, and expected entry of upcoming aircraft, such as Comac C919.
A highly/moderately/fragment consolidated Market
Safran group, Crane Co. (Hydro-Aire), Meggitt (MABS) are the leading manufacturers of aerospace & defense braking control system market capturing most of the total market share. New product development, regional expansion, and long-term contacts are the key strategies adopted by the key players to gain a competitive edge in the market.
Regional Hegemony of North America & the dominance of Aftermarket
Based on region, the global aerospace and defense braking control system market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to remain the largest market in the global aerospace and defense braking control system market over the next five years whereas Asia-Pacific is likely to register the fastest growth in the market for the same period.
Aftermarket is expected to remain the largest user of the braking control system market in the global aerospace and defense industry over the next five years. The segment is also expected to be the highest growing segment during the forecast period. Both segments (OEM and aftermarket) are likely to experience an impressive growth in the foreseeable future.
Comprehensive Market Coverage
Click Here for Other Reports from Stratview Research in the Aerospace & Defense Industry
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