Germany Aircraft Wheels and Brakes Application in Combat Aircraft Market Revenue
Synopsis
The above chart is Germany Aircraft Wheels and Brakes Application in Combat Aircraft Market Revenue
Market Dynamics
The germany aircraft wheels and brakes application in combat aircraft market revenue is growing at a cagr of 7.3% from 2022 to 2030. the growth of the market is being driven by the following factors:
increasing demand for combat aircraft: the global demand for combat aircraft is expected to grow significantly in the coming years, which will drive demand for aircraft wheels and brakes.
rising focus on safety and reliability: aircraft wheels and brakes are critical safety components in combat aircraft, and there is a growing focus on ensuring that they are reliable and safe. this is driving demand for innovative new technologies, such as carbon brakes and fiber-reinforced plastic wheels.
advances in military technology: the development of new military technologies, such as stealth aircraft and hypersonic aircraft, is driving demand for new and improved aircraft wheels and brakes.
instances:
in 2022, safran landing systems, a french company with a major presence in germany, announced that it had received a €50 million contract from airbus to supply wheels and brakes for the eurofighter typhoon combat aircraft.
in 2021, messier-bugatti-dowty, another french company with a strong presence in germany, announced that it had won a €30 million contract from boeing to supply wheels and brakes for the f/a-18e/f super hornet combat aircraft.
in 2020, goodrich corporation, a us company, announced that it had received a €20 million contract from lockheed martin to supply wheels and brakes for the f-35 lightning ii combat aircraft.
overall, the germany aircraft wheels and brakes application in combat aircraft market is expected to continue to grow in the coming years, driven by the factors mentioned above.
in addition to the factors mentioned above, the germany aircraft wheels and brakes application in combat aircraft market is also expected to benefit from the following:
the presence of a strong aerospace industry in germany.
the government's support for the aerospace industry.
the increasing focus on research and development in the aerospace industry.
overall, the germany aircraft wheels and brakes application in combat aircraft market is a promising market with good growth prospects.