Global Aircraft Wheels and Brakes Application in Aftermarket

The global aircraft wheels and brakes application in the aftermarket is expected to grow at a cagr of 5.0% from 2022 to 2030. the aftermarket for aircraft wheels and brakes is driven by the increasing demand for commercial aircraft, the need for improved safety and efficiency, and the high cost of new aircraft. here are some of the drivers of the global aircraft wheels and brakes aftermarket: increasing demand for commercial aircraft: the global fleet of commercial aircraft is expected to grow significantly from 2022 to 2030. this growth will drive the demand for aircraft wheels and brakes, as older aircraft are being re-equipped with new wheels and brakes. need for improved safety and efficiency: aircraft wheels and brakes are critical safety components, and there is a growing need for improved safety and efficiency in these systems. this is driving the development of new technologies, such as carbon brakes and composite wheels, which offer improved performance and reliability. high cost of new aircraft: the cost of new aircraft is very high, and this is driving the demand for the aftermarket for aircraft wheels and brakes. by repairing or overhauling old wheels and brakes, airlines can save money on the cost of new aircraft. some instances of aircraft wheels and brakes in use in the aftermarket include: airbus a380: the airbus a380 uses carbon brakes, which are more expensive than traditional steel brakes. however, carbon brakes offer improved performance and reliability, and they can last longer than steel brakes. this makes them a good option for the aftermarket, as they can save airlines money in the long run. boeing 777: the boeing 777 uses composite wheels, which are stronger and more resistant to damage than traditional aluminum wheels. this makes them a good option for the aftermarket, as they can last longer and are less likely to be damaged in a landing. embraer 190: the embraer 190 uses a new type of brake system that is designed to improve braking performance and reduce the risk of brake fires. this makes it a good option for the aftermarket, as it can improve the safety of the aircraft. overall, the global aircraft wheels and brakes application in the aftermarket is expected to grow at a significant pace during the forecast period. the market is driven by the increasing demand for commercial aircraft, the need for improved safety and efficiency, and the high cost of new aircraft.