North America Aircraft Wheels and Brakes Market Outlook

The north america aircraft wheels and brakes market is expected to grow at a cagr of 4.5% from 2021 to 2027. 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 north america aircraft wheels and brakes market include: increasing demand for commercial aircraft: the north american fleet of commercial aircraft is expected to grow at a cagr of 2.9% from 2023 to 2028. 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 north america include: the boeing 737 max uses carbon brakes, which are lighter and offer better performance than traditional steel brakes. the airbus a350 xwb uses composite wheels, which are stronger and more resistant to damage than traditional aluminum wheels. the embraer e190 uses a new type of brake system that is designed to improve braking performance and reduce the risk of brake fires. overall, the north america 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.