The aircraft carbon brake disc market is anticipated to flourish at an average CAGR of 5.9% between 2023 and 2033. The market is expected to hold a share of USD 2.1 billion by 2033, while the market is likely to reach a value of USD 1.18 billion in 2023.
The aircraft carbon brake disc market is gaining an unprecedented surge in the volume of sales as it has become an important component used while takeoff, landing, maneuvering, stopping, and landing the aircraft. High carbon brake disc rotors are identified to ensure the safety of the flights and belong to the consumable parts, along with releasing the brakes. The analysts at FMI have revealed that aircraft carbon brake disc is an advanced technique in the brake device.
While contrasting the reinforced carbon brake disc with steel brakes, it is reckoned that aircraft carbon brake discs are lighter, with a better heat dissipation property. Moreover, it does not reduce the energy absorption characteristics at high temperatures.
Therefore, directional control of an aircraft during ground operations is an important aspect of the aviation industry, and the aircraft carbon brake disc market is likely to have significant growth during the forecast period.
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 5.9% |
| Market Size (2023) | USD 1.18 billion |
| Market Size (2033) | USD 2.1 billion |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
While analyzing the aircraft carbon brake disc market, it is identified that the market has gained quite a traction in recent years due to more utilization of these discs in aircraft. The utilization of aircraft carbon brake discs has been gaining momentum over the years, owing to their rapid usage in military and commercial aircraft for gliding, taking off, and landing.
This aspect is considered the key growth prospect for the industry and has resulted in a considerable upsurge of demand in the carbon brake disc forum. The market thrived at a CAGR of 4.2% between 2018 and 2022.
The global aircraft carbon brake disc market was valued at USD 1.07 billion in 2021. This rise in valuation can be attributed to the fact that carbon brake discs are acting as a viable alternative to steel brakes and are providing significant weight savings compared to the former. Besides, the carbon brake discs are identified to wear uniformly and perform better with the rise of heat. Therefore, the market valuation is also rising with time and is expected to propel further in the coming years.
Several factors are anticipated to fuel the market propulsion in the forecast period. Some elements identified by the expert analysts of FMI are as follows:
Principal Consultant
Besides the growth propelling factors, it is also projected that a few of the elements are likely to deter the growth of the forum during the estimated period of study. They are identified as below:
Country-wise Revenue Share:
| Country | Revenue Share % (2023) |
|---|---|
| United States | 27.2% |
| Germany | 7.2% |
| Japan | 5.5% |
| Australia | 0.5% |
Country-wise CAGR:
| Country | CAGR % (2023 to 2033) |
|---|---|
| China | 6.3% |
| India | 7.1% |
| United Kingdom | 4.2% |
An upsurge in commercial aircraft operations across developed and developing countries is set to bolster the global aircraft carbon brake disc market, with the United States handling several aerospace operations across the globe.
The North American region held the leading market share in recent years and is expected to register a CAGR of 5.1% during the forecast period. This region has been experiencing rapid growth in terms of aircraft production and is likely to dominate the market share for aircraft carbon brake discs in the upcoming years. The United States held a market share of 27.2% in 2022.
The growth in this region can be attributed to:
As per the statistics revealed, the International Air Transport Association (IATA) has emphasized that the Asia Pacific region is anticipated to lead the air traffic in the next two decades, which is likely to act in favor of the biggies prevailing in the market. Emerging economies like China and India are thriving at CAGRs of 6.3% and 7.1%, respectively.
FMI analysts have revealed that the Asia Pacific region is likely to witness an upswing in the production of aircraft fleets by 40% in the upcoming years. It is expected that this region is likely to have substantial growth over the estimated period of study. The reasons for the growth of the forum can be attributed to the following:
Europe accounted for a market revenue share of USD 0.34 billion in the base year. It is anticipated that the European regions are making significant advancements in terms of market share and are likely to foster growth on a wide scale during the forecast period.
They are following the North American and Asia Pacific regions in terms of innovations and technological evolutions within the aircraft industry. The influential factors behind the rapidly propelling market share in Europe can be attributed to the following:
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Category | By Material Type |
|---|---|
| Leading Segment | Carbon Composite |
| Market Share% (2022) | 65.5% |
| Category | By Aircraft Type |
|---|---|
| Leading Segment | General Aviation |
| Market Share% (2022) | 56.2% |
Based on material type, the carbon composite segment held a market share of 65.5% in 2022. The growth is attributed to higher durability and better compatibility.
Based on aircraft types, the general aviation segment held a market share of 56.2% in 2022. The growth is caused by higher consumption.
Radical movement of the aircraft is raising the need for braking efficiency. The military aircraft segment is deploying aircraft carbon brake discs due to their long life span than steel brakes, which is also providing the aircraft with long-term cost savings.
The lack of carbon disk brakes in aircraft of renowned airline enterprises with numerous models is the reason for the growth of aftermarket sales.
The start-up ecosystem in the aircraft carbon brake disc market is intense, with frequent innovations being made. Start-ups in the aircraft carbon brake disc market are focusing on multiple aspects that may benefit the end users and offer more efficient safety and aircraft maneuvering techniques with a long-life span for military and commercial aircraft worldwide.
Start-up Companies:
Orbis Brakes has co-developed disruptive brake technology in partnership with NASA. The Orbis brake weighs 50% less on average than conventional cast iron brakes, reducing the energy needed to manufacture them by half and lowering carbon consumption across the supply chain.
SGL, a manufacturer of carbon ceramic brake discs, is a firm active in designing, developing, and manufacturing braking systems composed of discs made of carbon ceramic material installed on very high-performance cars.
The manufacturers are capitalizing on improving the functionality of aircraft carbon brake discs for more swift handling of the ground procedures. Moreover, catering to the rising demand for safety for air passengers. They are focusing on product development and emphasizing offering certified products through quality brake systems with technological advances to increase their brand value.
Additionally, various key players in the aerospace industry started taking stringent measures to mitigate steep falls in their revenues and demands. Thereby propelling market expansion in the upcoming years.
Recent Developments:
The projected CAGR of the aircraft carbon brake disc market by 2033 is 5.9%.
The projected market value for 2033 is USD 2.1 billion.
The market is estimated to secure a valuation of USD 1.18 billion in 2023.
North America holds a significant share of the Aircraft Carbon Brake Disc market.
India, Japan, and China dominate the Asian market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type 5.1. Carbon-Carbon 5.2. Carbon-Composite 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Aircraft Type 6.1. General Aviation 6.1.1. Commercial Aircraft 6.1.2. Narrow Body Aircraft 6.1.3. Wide Body Aircraft 6.1.4. Regional Jets 6.2. Military Aircraft 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Fit Type 7.1. First Fit 7.2. Retro Fit 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. CFCCARBON CO, LTD 18.2. Crane Aerospace and Electronics 18.3. Mersen 18.4. Parker-Hannifin Corp. 18.5. Raytheon Technologies 18.6. RUBIN AVIATION CORPORATION 18.7. Safran 18.8. SGL Carbon 18.9. Thermocoax 18.10. ZOLTEK Corporation 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Automotive Insights
View Reports
Aircraft Carbon Brake Disc Market
