Aircraft Wheels and Brakes Market- Global Industry Analysis and Forecast (2025-2032)
Aircraft Wheels and Brakes Market size was valued at USD 7.28 Bn. in 2024 and the total Aircraft Wheels and Brakes Market size is expected to grow at a CAGR of 4.94 % from 2025 to 2032, reaching nearly USD 10.71 Bn. by 2032.
Format : PDF | Report ID : SMR_2030
Aircraft Wheels and Brakes Market Overview
Aircraft Wheels and braking systems include: Aircraft disc brakes in the landing gear, used to brake the wheels while touching the ground. These brakes are operated hydraulically, pneumatically or electrically. In most modern aircraft they are activated by the top section of the rudder pedals the main factors that are expected to support the growth of the global aircraft brake system market during the forecast period include a rise in commercial aircraft fleet size plus increasing demand for lightweight aircraft components.
Moreover, the growing fleet size and the emergence of low-cost carriers in emerging economies are further propelling market growth. However, challenges such as high initial investments and the need for continuous research and development to meet evolving safety standards pose significant hurdles to market expansion. Overall, the aircraft wheels and brakes market are poised for steady growth, driven by a combination of technological innovation, market demand, and regulatory requirements.
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Aircraft Wheels and Brakes Market Dynamics
Technological Improvements in braking components
The development of aircraft braking systems technology has come a long way in the past few years. Previously, only a few products could provide safety for have been available; they used a mechanical system that was independent from the landing gear itself construction. Different kinds of brakes exist as well as their applications according to use alongside industry standards and rules.
Technological improvement in the aircraft braking system will also be a significant driver as aircraft players will not be willing to compromise on the safety and efficiency of their aircraft, passengers, and employees. As a result, they will continue to subscribe to upgradation and maintenance services to have the highest order of braking systems for their aircraft.
Stringent Regulatory Environment
Regulatory bodies in the aerospace industry have set in place very strict and stringent, dynamic standards to ensure the highest level of safety in advancing aviation. Such stringent regulations place complex manufacturing and quality assurance requirements on manufacturers of aircraft braking systems and the MRO service providers thereof. A good example of this stringent requirement is in the replacement of steel brakes with carbon brakes in commercial aircraft. Braking systems providers are taken through intensive testing and certification processes to ensure that their brakes and the associated systems are compatible and safe for the airplane.
Aircraft Wheels and Brakes Market Segment Analysis:
Based on the component type, the market is segmented as wheels, brakes, and braking systems. The brakes segment is estimated to register the highest growth during the forecast period, driven by the high demand for carbon brakes and technological progressions in braking systems, such as electric braking systems.
Aircraft Wheels and Brakes Market Regional Insights:
North America is the largest market due to the fleet size, strong aerospace infrastructure, and continuous innovation. Europe is not far behind, with driving factors such as strict safety regulations, strong participation of key market players, and increasing focus on sustainable aviation. The Asia-Pacific market is a dynamic one, driven by fast urbanization, increasing air travel demand, and increasing investments in aviation infrastructure. Regions such as Latin America, the Middle East, and Africa offer unique opportunities, supported by economic development, updating fleets, and strategic partnerships across the international aerospace value chain. In other words, the regional dynamics in the aircraft wheels and brakes market indicate that one should adapt strategies to local nuances while harnessing global industry trends.
Aircraft Wheels and Brakes Market Competitive Landscape
- March 2023 Financiadora de Estudos e Projetos (Finep) is a Brazilian government agency that provides public money for Science, Technology, and Innovation to further Brazil's economic and social development.
- May 2023 Bombardier has announced that all Challenger 3500 aircraft will come standard with Iridium Certus connectivity, giving customers a stable and fast internet connection. This new offering results from the partnership between Bombardier and Collins Aerospace, the company's preferred service provider for fleetwide connectivity services.
Aircraft Wheels and Brakes Market Scope
Aircraft Wheels and Brakes Market |
|
Market Size in 2024 |
USD 7.28 Bn. |
Market Size in 2032 |
USD 10.71 Bn. |
CAGR (2025-2032) |
4.94 % |
Historic Data |
2019-2024 |
Base Year |
2024 |
Forecast Period |
2025-2032 |
Segments |
By Component Type
|
By Fit Type
|
|
By End Use
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Aircraft Wheels and Brakes Market Key Players
- Safran
- Crane Aerospace & Electronics
- Honeywell International Inc
- RTX Corporation
- Parker-Meggitt
- Collins aerospace
- AAR corporation
- Beringer Aero
- Matco Manufacturing Co
- Lufthansa Technik AG
- Jay em aerospace & Machine
- TP Aerospace.
- Nasco Aircraft Brake Inc.
- Dakota Cub Aircraft, Inc.
- Bauer, Inc
- Grove aircraft landing gear systems
- Carlisle Brake & Friction
- KUNZ GmbH
- The Carlyle Johnson Machine Company, LLC.
- XX Ltd
Frequently Asked Questions
Stringent Regulatory Environment is the restrain of Aircraft Wheels and Brakes Market.
Aircraft Wheels and Brakes Market size was valued at USD 7.28 Billion in 2024 and the total Aircraft Wheels and Brakes Market size is expected to grow at a CAGR of 4.94 % from 2025 to 2032, reaching nearly USD 10.71 Billion by 2032.
Segments are covered based on By Component Type, By fit Type, By End Use.
1. Aircraft Wheels and Brakes Market: Research Methodology
1.1. Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Assumptions
2. Aircraft Wheels and Brakes Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2024) and Forecast (2025 – 2032) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Aircraft Wheels and Brakes Market: Competitive Landscape
3.1. Stellar Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2024)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovation
4. Aircraft Wheels and Brakes Market: Dynamics
4.1. Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
4.10.1. Market Regulation by Region
4.10.1.1. North America
4.10.1.2. Europe
4.10.1.3. Asia Pacific
4.10.1.4. Middle East and Africa
4.10.1.5. South America
4.10.2. Impact of Regulations on Market Dynamics
4.10.3. Government Schemes and Initiatives
5. Aircraft Wheels and Brakes Market Size and Forecast by Segments (by Value USD Million)
5.1. Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
5.1.1. Wheels
5.1.2. Brakes
5.1.3. Braking Systems
5.2. Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
5.2.1. Line fit
5.2.2. Retrofit
5.3. Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
5.3.1. OEM
5.3.2. Aftermarket
5.4. Aircraft Wheels and Brakes Market Size and Forecast, by Region (2024-2032)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Middle East and Africa
5.4.5. South America
6. North America Aircraft Wheels and Brakes Market Size and Forecast (by Value USD Million)
6.1. North America Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
6.1.1. Wheels
6.1.2. Brakes
6.1.3. Braking Systems
6.2. North America Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
6.2.1. Line fit
6.2.2. Retrofit
6.3. North America Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
6.3.1. OEM
6.3.2. Aftermarket
6.4. North America Aircraft Wheels and Brakes Market Size and Forecast, by Country (2024-2032)
6.4.1. United States
6.4.2. Canada
6.4.3. Mexico
7. Europe Aircraft Wheels and Brakes Market Size and Forecast (by Value USD Million)
7.1. Europe Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
7.2. Europe Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
7.3. Europe Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
7.4. Europe Aircraft Wheels and Brakes Market Size and Forecast, by Country (2024-2032)
7.4.1. UK
7.4.2. France
7.4.3. Germany
7.4.4. Italy
7.4.5. Spain
7.4.6. Sweden
7.4.7. Austria
7.4.8. Rest of Europe
8. Asia Pacific Aircraft Wheels and Brakes Market Size and Forecast (by Value USD Million)
8.1. Asia Pacific Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
8.2. Asia Pacific Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
8.3. Asia Pacific Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
8.4. Asia Pacific Aircraft Wheels and Brakes Market Size and Forecast, by Country (2024-2032)
8.4.1. China
8.4.2. S Korea
8.4.3. Japan
8.4.4. India
8.4.5. Australia
8.4.6. Indonesia
8.4.7. Malaysia
8.4.8. Vietnam
8.4.9. Taiwan
8.4.10. Bangladesh
8.4.11. Pakistan
8.4.12. Rest of Asia Pacific
9. Middle East and Africa Aircraft Wheels and Brakes Market Size and Forecast (by Value USD Million)
9.1. Middle East and Africa Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
9.2. Middle East and Africa Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
9.3. Middle East and Africa Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
9.4. Middle East and Africa Aircraft Wheels and Brakes Market Size and Forecast, by Country (2024-2032)
9.4.1. South Africa
9.4.2. GCC
9.4.3. Egypt
9.4.4. Nigeria
9.4.5. Rest of ME&A
10. South America Aircraft Wheels and Brakes Market Size and Forecast (by Value USD Million)
10.1. South America Aircraft Wheels and Brakes Market Size and Forecast, By Component Type (2024-2032)
10.2. South America Aircraft Wheels and Brakes Market Size and Forecast, By Fit Type (2024-2032)
10.3. South America Aircraft Wheels and Brakes Market Size and Forecast, By End Use (2024-2032)
10.4. South America Aircraft Wheels and Brakes Market Size and Forecast, by Country (2024-2032)
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
11. Company Profile: Key players
11.1. Safran
11.1.1. Overview
11.1.2. Product Segment
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. Crane Aerospace & Electronics
11.3. Honeywell International Inc
11.4. RTX Corporation
11.5. Parker-Meggitt
11.6. Collins aerospace
11.7. AAR corporation
11.8. Beringer Aero
11.9. Matco Manufacturing Co
11.10. Lufthansa Technik AG
11.11. Jay em aerospace & Machine
11.12. TP Aerospace.
11.13. Nasco Aircraft Brake Inc.
11.14. Dakota Cub Aircraft, Inc.
11.15. Bauer, Inc
11.16. Grove aircraft landing gear systems
11.17. Carlisle Brake & Friction
11.18. KUNZ GmbH
11.19. The Carlyle Johnson Machine Company, LLC.
11.20. XX Ltd
12. Key Findings
13. Industry Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook