Aircraft Brake Calipers Market: Introduction
Aircraft brake caliper is a mechanical component utilized in an aircraft braking system to resist rotation of the wheel by causing friction against the disc when brake is applied. Aircraft brake system performs several tasks including effectively stopping an aircraft during landing and rolling out in order to provide adequate control during ground operations. Additionally, it also enables the withholding of aircraft back for static engine maintenance and operations.
In these activities, aircraft brake calipers plays a vital role as it controls the speed of the wheel disc as per specific requirements. Aircraft brake calipers sales is directly influenced by the global aviation industry dynamics. The changing global air traffic is estimated to be the key driving factor for the aircraft brake calipers market in coming years.
North America is expected to have dominating share in the global market owing to increasing fleet size of the commercial as well as defense aircrafts in operation.
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Aircraft Brake Calipers Market: Drivers, Restraints and Opportunities
Increasing air passenger movement and growing preference towards air travel owing to better comfort and less travel time are expected to shape the aircraft brake calipers market in a positive direction. Increasing trade activities are demanding for efficient and time saving solution for goods transportation and especially logistics services.
Logistics services is stipulated to be a prevalent trend in the global aircraft brake calipers market owing to the expanding e-commerce platform and increasing demand of fast track deliveries. Also, logistics being the critical part of supply chain of almost all the end use industries is expected to significantly attribute towards the growth of the said market.
In any aircraft, regular maintenance activities are on high priority for efficient and uninterrupted operations. The maintenance activities of an aircraft is highly associated with the passenger safety. The prime objective of maintenance activities for an aircraft is passenger safety, in turn, leading to cement of the aircraft brake calipers after its useful operational life.
The positive altitude of the maintenance activities are expected to bolster the demand for aircraft brake calipers over the projected period years, thereby, creating lucrative opportunities for the aftermarket sales channel.
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Aircraft Brake Calipers Market: Segmentation
| On the basis of product type |
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| On the basis of application |
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| On the basis of aircraft brake type |
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| On the basis of sales channel |
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Aircraft Brake Calipers Market: Regional Outlook
North America is estimated to hold dominating market share in aircraft brake calipers market owing to existing fleet of the commercial and defense aircraft in the said region. Moreover, amongst countries, the U.S. is expected to hold leading share in the global market. In global aircraft brake calipers market, South Asia Region is anticipated to witness lucrative growth owing to increasing air movement and considerable goods movement by air.
India, Brazil as well as Indonesia are expected to be develop as emerging countries in aircraft brake calipers market as a result of increasing air passenger density. Europe is estimated to hold significant market share owing to high preference towards regular maintenance activities in the region. Latin America as well as MEA is expected to witness healthy growth in aircraft brake calipers market.
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Aircraft Brake Calipers Market: Key Participants
Some of the key participants identified in the global Aircraft Brake Calipers Market are:
- Parker Hannifin Corp
- Safran
- Grove Aircraft Landing Gear Systems Inc.
- Collins Aerospace
- Chief Aircraft Inc
- Wilwood Engineering
- Meggitt
- BERINGER AERO
- Aircraft Spruce & Specialty Co
- W.C. Branham, Inc.
- RAPCO, inc.
- MOV’IT GMBH
- Airframes Alaska
- Goldfren
- Altra Industrial Motion Corp.
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