Middle East & Africa Aircraft Wheels and Brakes Market Outlook

Year Value
2018 555.6
2019 569.3
2020 321.6
2021 385.9
2022 395.7
2023 406.1
2024 417.2
2025 429.0
2026 441.6
2027 455.0
2028 469.4
2029 484.8
2030 501.3
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Middle East & Africa Aircraft Wheels and Brakes Market Outlook

Synopsis
The above chart is Middle East & Africa Aircraft Wheels and Brakes Market Outlook

Market Dynamics

The middle east & africa (mea) aircraft wheels and brakes market is expected to grow at a cagr of 3.0% from 2022 to 2030. the market is driven by the increasing demand for commercial aircraft, the growth of the aftermarket, and the need for improved safety and efficiency. some of the drivers of the mea aircraft wheels and brakes market include: increasing demand for commercial aircraft: the mea fleet of commercial aircraft is expected to significantly. this growth will drive the demand for aircraft wheels and brakes, as new aircraft require new sets of wheels and brakes. growth of the aftermarket: the aftermarket for aircraft wheels and brakes is also growing, as older aircraft are being re-equipped with new wheels and brakes. this growth is being driven by the increasing cost of new aircraft, as well as the need to keep older aircraft in service. 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. some instances of aircraft wheels and brakes in use in mea include: the boeing 787 dreamliner, which is manufactured by boeing commercial airplanes, uses carbon brakes. the airbus a350 xwb, which is manufactured by airbus, uses composite wheels. the etihad airways a380, which is manufactured by airbus, uses a new type of brake system that is designed to improve braking performance and reduce the risk of brake fires. overall, the mea aircraft wheels and brakes market is expected to grow at a significant pace during the forecast period. the market is driven by the increasing demand for commercial aircraft, the growth of the aftermarket, and the need for improved safety and efficiency.

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