Market Insights
“The aerospace & defense wheels & brakes market was valued at US$ 2.69 billion in 2024 and is likely to grow at a decent CAGR of 2.8% in the long run to reach US$ 3.54 billion in 2034.”
Market Dynamics
Introduction
The wheels and brakes system forms a vital part of aerospace & defense platforms, directly influencing the safety, performance, and reliability of aircraft and military vehicles. These components support the aircraft’s weight during taxiing, take-off, and landing while ensuring effective deceleration and directional control on the ground. In the defense industry, robust wheel and brake systems are essential for handling high-stress operations, rough terrain, and mission-critical conditions.
The aerospace & defense wheels & brakes market has evolved significantly over the past decade, driven by advancements in material science, increasing fleet modernization programs, and the demand for lightweight and high-performance systems. The shift from steel to carbon brakes has led to improved heat dissipation, reduced weight, and enhanced lifespan, contributing to overall fuel efficiency and operational cost savings.
Overall, the aerospace & defense wheels & brakes market remains a critical and rapidly advancing segment of the aviation ecosystem, balancing performance, safety, and sustainability in an increasingly demanding operational environment.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High Growth Opportunity
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Application-Type Analysis
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Commercial Aircraft, Regional Aircraft, General Aviation, and Military Aircraft
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The commercial aircraft segment currently leads the aerospace & defense wheels & brakes market and is expected to maintain its dominance, experiencing the highest growth during the forecast period.
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End-Use-Type Analysis
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OEM and Aftermarket
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While the aftermarket category currently dominates the market, OEM is projected to experience higher growth in the coming period.
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Product-Type Analysis
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Wheels and Brakes
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Dominating the market at present, brakes are forecasted to retain their top position with a high growth trajectory.
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Region Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is set to witness robust growth in the years ahead, with North America retaining its dominant market share.
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By Application Type
“The commercial aircraft represents the widely used application category of the aerospace & defense wheels & brakes market.”
The market is segmented into commercial aircraft, regional aircraft, general aviation, and military aircraft. The commercial aircraft segment holds the largest share of the aerospace & defense wheels & brakes market due to the extensive size of the global commercial fleet and the steady growth in air passenger traffic worldwide. Airlines continue to expand and modernize their fleets to improve fuel efficiency and operational reliability, which in turn drives sustained demand for advanced and lightweight wheel and brake systems. Moreover, commercial aircraft typically operate with high flight frequencies, leading to frequent take-off and landing cycles that accelerate wear and tear on both wheels and brakes. This results in a consistent need for regular inspection, maintenance, and replacement of these components. Therefore, the combination of large fleet volumes, high operational intensity, and ongoing aftermarket servicing requirements reinforces the commercial aircraft segment’s dominant position in the aerospace & defense wheels & brakes market.
By End-Use Type
“The aftermarket category currently dominates the aerospace & defense wheels & brakes market, primarily due to frequent maintenance & replacement requirements in the legacy aircraft.”
Based on end-use, the market is categorized into OEM and aftermarket. The aftermarket segment currently dominates the aerospace & defense wheels & brakes market, owing to the recurring requirements for maintenance, repair, overhaul, and replacement of wheels and brake systems in active aircraft fleets. Wheels and brakes are among the most frequently serviced components due to continuous exposure to high landing forces, thermal stress, frictional heat, and varying runway conditions, which lead to natural wear over repeated flight cycles. As global air travel expands and a significant share of the operating fleet continues to age, the demand for refurbishment and replacement services remains strong. In comparison, while the OEM segment is comparatively smaller, it is expected to experience notable growth in the coming years, driven by rising aircraft production rates, fleet renewal initiatives, and the adoption of next-generation wheel and brake technologies, including lightweight alloys and carbon braking systems for improved performance and efficiency.
By Product Type
“Brakes are expected to hold a major market share of the aerospace & defense wheels & brakes market during the forecast period.”
The market is segmented into wheels and brakes based on product type segmentation. Brakes are expected to hold a larger share of the aerospace & defense wheels & brakes market because they play a more important role in slowing down and stopping the aircraft safely. During every landing, brakes face very high heat and pressure, which means they need more regular checks, maintenance, and replacements compared to wheels. Brakes also use advanced systems like anti-skid controls to ensure safe stopping in different weather and runway conditions. Because of these reasons, brakes remain a more critical and frequently serviced part, leading them to hold a larger share of the market.
Regional Analysis
“Asia-Pacific is expected to experience the highest growth in the coming years, driven by increasing air passenger traffic and expanding commercial fleets.”
North America continues to dominate the aerospace & defense wheels & brakes market due to the strong presence of major aircraft OEMs and leading wheel and brake system manufacturers in the region. The region benefits from a well-developed aerospace supply chain, high military and commercial aviation activity, and ongoing investments in advanced braking technologies such as carbon brakes and electric brake actuation systems. These factors collectively reinforce North America’s role as a mature and technologically advanced hub for wheel and brake development. Meanwhile, the Asia-Pacific region is expected to be the fastest-growing market, driven by increasing aircraft production, expanding airline fleets, and rising air travel demand. As a result, while North America retains its leadership position, the Asia-Pacific region is expected to experience the highest growth.
Key Players
The market is highly concentrated, with only a few players across the region. Most of the major players compete in some of the governing factors, including price, service offerings, and regional presence, etc. The following are the key players in the aerospace & defense wheels & brakes market. Some of the major players provide a complete range of services.
Here is the list of the Top Players (Based on Dominance)
- Safran
- Meggitt PLC (part of Parker Hannifin Corp)
- Collins Aerospace
- Honeywell International Inc.
Note: The above list does not necessarily include all the top players in the market.
Are you the leading player in this market? We would love to include your name. Please write to us at [email protected]
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
The aerospace & defense wheels & brakes market is segmented into the following categories.
Aerospace & defense wheels & brakes market, by Application
- Commercial Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- General Aviation (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace & defense wheels & brakes market, by End-Use
- OEM (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace & defense wheels & brakes market, by Product Type
- Wheels (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
- Brakes (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
Aerospace & defense wheels & brakes market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and the Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Research Methodology
- This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s aerospace & defense wheels & brakes market realities and future market possibilities for the forecast period.
- The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
- The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruit available in the market and formulating growth strategies to expedite their growth process.
- This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
- More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
- We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
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Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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