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(Transportation-News.com, February 01, 2019 ) Stratview Research has published a new research report on Aerospace & Defense Braking Control System Market. This extensive report by Stratview Research analyses the growth of Aerospace & Defense Braking Control System Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021 under the following segments - ● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others) ● by Product Type (Anti-skid Brake Control Systems, Auto braking Brake Control Systems, and Others) ● by End-User Type (OEM and Aftermarket) ● and by Region (North America, Europe, Asia-Pacific, and RoW)
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Increasing deliveries of new commercial aircraft
The aerospace & defense braking control system market offers attractive opportunities over the next five years. The market is expected to grow at a healthy CAGR of 5.9% over the next five years to reach $694.1 million in 2021. Increasing deliveries of new commercial aircraft, rising global aircraft fleet, and advancement in the braking control system technology are some of the growth drivers of the aerospace and defense braking control system market.
North America to remain the largest market
Based on region, the aerospace and defense braking control system market is divided into North America, Europe, Asia-Pacific and Rest of the World. North America is expected to remain the largest market in the aerospace and defense braking control system market over the next five years whereas Asia-Pacific is likely to register the fastest growth in the market for the same period.
Top market players
Safran group, Crane Co. (Hydro-Aire), Meggitt (MABS) are the leading manufacturers of aerospace & defense braking control system market capturing most of the total market share. New product development, regional expansion, and long-term contacts are the key strategies adopted by the key players to gain a competitive edge in the market.
Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com
Source: EmailWire.com
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