Europe Aircraft Brakes Market

The europe aircraft brakes market is expected to grow at a cagr of 3.6% from 2022 to 2030. the growth of the market is driven by the increasing demand for aircraft maintenance, repair, and overhaul (mro) services, as well as the introduction of new aircraft with more advanced braking systems. drivers increasing demand for aircraft mro services: the aging aircraft fleet in europe is driving the demand for aircraft mro services. aircraft brakes are one of the most critical components of an aircraft, and they need to be regularly maintained and repaired to ensure safe operation. introduction of new aircraft with more advanced braking systems: new aircraft are being introduced with more advanced braking systems that are more efficient and reliable. this is driving the demand for new aircraft brakes in the market. stringent safety regulations: the aviation industry is highly regulated, and there are strict safety regulations governing the maintenance of aircraft brakes. this has led to an increased demand for high-quality aircraft brakes in the market. instances in 2022, lufthansa technik announced that it had received an order for aircraft brakes from a major commercial airline for its mro program. the order was for a new type of brake that is more efficient and reliable than previous models. in 2023, safran landing systems announced that it had developed a new type of aircraft brake that is designed to improve the safety of aircraft operations. the brake is equipped with a new anti-skid system that helps to prevent the aircraft from skidding on wet or icy runways. the europe aircraft brakes market is a competitive market. the major players in the market include safran landing systems, utc aerospace systems, and collins aerospace. these companies are constantly developing new technologies and products to improve the performance and reliability of aircraft brakes.