Aircraft Carbon Braking System Market By Product, Application, Region – Forecast to 2024t

Technical constraints in operating these brakes will further pose a challenge to the
aircraft carbon braking system market participants.
Rising concerns regarding carbon dioxide emissions across the globe has mandated
the aerospace industry to shift its focus towards green aircraft taxiing system. The
operation of this system involves aircraft movements on the ground under its own
power that demands significant fuel requirement. This has resulted in the
implementation of alternative approaches for aircraft taxiing. Numerous companies
are focusing on development of alternative and hybrid approaches for reduction of
excessive emission and fuel consumption during taxiing.
Recent improvements in the overhaul procedures and manufacturing of these
systems have resulted in reduction of landing cost, making them cost competitive
with steel counterparts. The manufacturing process of these systems has witnessed
more efficiency and overhaul procedures allow for optimal usage of refurbished
carbon material.
The industry is highly consolidated with few players acquiring the global market
share. Honeywell, Meggit, Crane Aerospace Systems, UTC Aerospace Systems,
and Safran are among the prominent participants in the aircraft carbon brake system
market. The competitors are focusing on partnerships with landing gear integrators
and aircraft manufacturers to strengthen their foothold in the industry. New product
development is another strategy adopted by the industry participants.
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