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Global Aerospace & Defense Wheel and Brake Market Expected to Grow at 5.0% CAGR During 2016 to 2021

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DETROIT, MI, USA, October 14, 2016 / -- Stratview Research announces the addition of a new market research report on Global Aerospace and Defense Wheel and Brake Market by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), by Product Type (Wheel, Carbon Brake, and Steel Brake), by End Use (OEM, Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.
This market report from Stratview Research studies the aerospace and defense wheel and brake market over the period 2010 to 2021. The research report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Global Aerospace and Defense Wheel and Brake Market: Highlights

Stratview Research foresees a strong growth of 5.0% (CAGR) in the aerospace and defense wheel and brake market in the next five years (2016 – 2021), which offers an opportunity to the aerospace industry players to align themselves with the market growth.
There are a number of factors bolstering the growth of wheel and brake market in the aerospace and defense industry. The author of the industry report cited increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, increase in share of wide body aircraft, etc. are some of the key growth drivers of the global aerospace and defense wheel and brake market.
Commercial aircraft is expected to be the growth engine of the wheel and brake market
The author stated that the Commercial aircraft is expected to remain growth engine of the global aerospace and defense wheel and brake market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years.
North America expected to be the dominant and Asia Pacific to be the fastest growing region
North America is expected to remain the largest market for wheels and brakes due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.
High market consolidation
Our research findings suggested a high consolidation in the wheel and brake market. The key wheel and brake manufacturers are Meggitt Aircraft Braking Systems, Honeywell Aerospace, Parker, Safran Landing Systems (Messier-Buggatti-Dowty), and UTC Aerospace Systems.
New product development, regional expansion, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features

This industry research report from Stratview Research provides market intelligence in the most comprehensive manner. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the research 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, product portfolio, product launches, etc.
•Attractive market segments and associated growth opportunities.
•Emerging trends.
•Strategic growth opportunities for the existing and new players.
•Key success factors.

Stratview Research has a number of high value market reports in the global aerospace & defense industry. Please refer to the following link to browse through our reports:
Other Reports from Stratview Research in the Aerospace & Defense Industry

About Stratview Research

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Composites, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.
We have a strong team of industry veterans and analysts with an extensive experience in executing custom research projects for mid-sized to Fortune 500 companies, in the areas of Market Assessment, Opportunity Screening, Competitive Intelligence, Due Diligence, Target Screening, Market Entry Strategy, Go to Market Strategy, and Voice of Customer studies.
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.

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Ritesh Gandecha
Stratview Research
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