Aircraft Brakes Market Share

Statistics for the 2023 & 2024 Aircraft Brakes market share, created by Mordor Intelligence™ Industry Reports. Aircraft Brakes share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Aircraft Brakes Industry

The aircraft brakes market is consolidated in nature, with a presence of few players holding significant shares in the market. The prominent players in the market are RTX Corporation, Safran, Crane Aerospace & Electronics, Parker-Meggitt, and Honeywell International Inc. These are firms that supply brakes and braking systems to most of the aircraft in the military, commercial, and general aviation sectors.

With high brand values and long-term contracts with aircraft OEMs, these prominent players dominate the market, making it difficult for new players to capitalize on this landscape. The investments by the companies in electric brake technology, which is currently in its initial stage, are also expected to help them maintain prominent positions, during the transition from carbon brakes to electric brakes in the future.

Aircraft Brakes Market Leaders

  1. Crane Aerospace & Electronics

  2. Safran

  3. Honeywell International Inc.

  4. RTX Corporation

  5. Parker-Meggitt

*Disclaimer: Major Players sorted in no particular order

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Aircraft Brakes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)