Aircraft Speed Brake Transmitters Market

Market Definition / Research Scope

For the purpose of this market research report, Aircraft Speed Brake Transmitter is defined as the device used for slowing down an aircraft the time of landing.it is an essential part of safety and directional control of aircrafts and facilitates ground operations like, taxiing, landing, and take-off. The introduction of newer technologies has popularised the electrical aircraft speed brake systems. The Aircraft Speed Brake Transmitters system provides anti-skid protection and fully integrated brake control which includes emergency and parking brake functions. It combines brake-by-wire controlled technology with electromechanical break actuation. The Aircraft Speed Brake Transmitters work on parameters such as minimum stopping distance, heat dissipation and easy manoeuvring.

Aircraft Speed Brake Transmitters Market shall reach a value of $2x61.4 Million in 2031, growing with a CAGR of 12.13% during the forecast period of 2022 to 2031.

Aircraft Speed Brakes Transmitters Market Growth and Trends
Aircraft Speed Brakes Transmitters Industry Segmentation

The aircraft speed brake transmitter market is classified into various categories based on component, actuators, aircraft type, end use, aircraft type and region. Based on component, it is further fragmented as actuators, wheels, brake discs, brake housing, valves, accumulator, and electronics. In addition, the actuators segment is anticipated to mark the highest revenue in the forecast period owing to its efficient working principle. Actuators help in converting hydraulic fluid pressure into motion. There are two main types of actuators present in the market that are hydraulic and electrically powered. However, independent brake segment is projected to account the highest CAGR growth rate as compare to the boosted break and power break actuators for the aircraft speed brake transmitter market. Based on aircraft type, the market has been segmented into Unmanned Aerial Vehicles, fixed wing type, and rotary wing type. The unmanned aerial vehicles segment is growing endlessly as compare to other segments. UAVs are majorly used for billions of purposes in military missions and are termed as drones. Based on the end use, OEM segment is rising significantly as compare to the aftermarket segment. Over the years, the demand for different aircraft types have increased tremendously worldwide. This is the main reason behind OEM segment generating a good revenue for the market, which corresponds to the high demand of aircraft speed brake transmitters. OEMs deals with the installation of brake system at assembly stage and then making it available for aircraft manufacturers. It delivered around 868 commercial aircraft to more than 100 customers in 2021. Also, the speed brake transmitters must work under harsh conditions. Thus, the risk of material degradation increases which opens endless opportunities for the aftermarket companies. Based on region, Asia-Pacific is expected to register a CAGR of 6.6% during the forecast period. Further, the market is growing significantly in North American region. The rising demand of aircraft orders and supplies in this region is enhancing the overall sales of aircraft speed brake transmitter market.

Aircraft Speed Brakes Transmitters Industry Regional Analysis

In order to overcome the maintenance cost faced by airlines, aviation is resorting towards the adoption of aircraft speed brake transmitters that curb the factors hampering the traditional and carbon braking systems. North America is estimated to dominate the speed brake transmitters market majorly for carbon brakes because of the existence of a number of market players. The fast growth of Aircraft speed brake transmitters is to be witnessed by the Asia-Pacific region because of the establishing usage of aircraft. Asia Pacific region is expected to register a CAGR of more than 6.4% during 2022-2032. More industry players from developing countries entering the market are going to hike the demand for commercial aircraft. It has been noted that the Asia Pacific region will be delivering 43,210 new commercial aircraft in coming years across seven regions. However, strict safety policies of airlines hamper the market growth. The aircraft speed brake transmitter market has been observed to have a potential to grow significantly due to the rising air traffic. But, due to the unexpected and adverse effects of pandemic, the industry revenue has been shaken to a great extent. North America and Europe are anticipated to generate a significant revenue during the forecast period. However, the impact of COVID-19 is unpredictable on the market growth for the coming few years. OEM and Aftermarket are estimated to drive an exponential surge in growth of the market in Latin America and Western Europe followed by the GCC countries.

Aircraft Speed Brakes Transmitters Market Share and Competition

The top leading companies of aircraft speed brake transmitter market are, Honeywell International Inc. (US), Safran (France), Parker-Hannifin Corporation (US), Meggitt PLC (UK), Crane Co. (US), Beringer Aero, AAR Corporation, Afran, Collins Aerospace and Lufthansa Technik AG. It was observed that in April 2020, Honeywell International Inc. Signed a license and an agreement for an authorized service center for brake and wheels system. Further, this company has been successful in adopting advanced technologies in its products and thus helping in market growth by generating a significant revenue. Also, Collins Aerospace helped C-130 operators to reduce maintenance costs as well as time.

Aircraft Speed Brakes Transmitters Market Research Report Analysis Highlights
● Historical data available (as per request)
● Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
● Data breakdown for every market segment (2022 – 2031)
● Gross margin and profitability analysis of companies
● Price analysis of each product type
● Business trend and expansion analysis
● Import and export analysis
● Competition analysis/market share
● Supply chain analysis
● Client list and case studies
● Market entry strategy

Industry Segmentation and Revenue Breakdown

By Component (Revenue, USD Million, 2022 - 2032):
• Wheels
• Brake discs
• Brake housing
• Valves
• Actuators
• Accumulators
• Electronics

By Actuators (Revenue, USD Million, 2022 - 2032):
• Power brake
• Booster brake
• Independent brake

By Aircraft Type (Revenue, USD Million, 2022 - 2032):
• Fixed wing
• Rotary wing
• Unmanned Aerial Vehicles

By End Use (Revenue, USD Million, 2022 - 2032):
• OEM
• Aftermarket

By region (Revenue, USD Million, 2022 - 2032):
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World (Latin America, Africa, and the Middle East)

Region Analysis (Revenue, USD Million, 2022 - 2031)
● United States
● Canada
● Mexico
● France
● Germany
● Italy
● Spain
● United Kingdom
● Russia
● China
● India
● Philippines
● Malaysia
● Australia
● Austria
● South Korea
● Middle East
● Japan
● Africa
● Rest of World

Aircraft Speed Brakes Transmitters Industry Companies
● Honeywell International Inc. (US)

● Safran (France)
● Parker-Hannifin Corporation (US)
● Meggitt PLC (UK)
● Crane Co. (US)
● Beringer Aero
● AAR Corporation
● Afran
● Collins Aerospace
● Lufthansa Technik AG

Available Versions: -
United States Aircraft Speed Brakes Transmitters Market Research Report
Europe Aircraft Speed Brakes Transmitters Market Research Report
Asia Pacific Aircraft Speed Brakes Transmitters Market Research Report
India Aircraft Speed Brakes Transmitters Market Research Report

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