Commercial Aerospace Carbon Brakes Market to experience an impressive growth of 8.4% during 2016-2021
February 04, 2020
The Commercial Aerospace Carbon Brakes Market offers good growth opportunity and is likely to grow at 8.4% CAGR during the forecast period of 2016 to 2021. Increasing commercial aircraft deliveries, growing aircraft fleet size, and better operational performance of carbon brakes over steel brakes are some of the key growth drivers of the global commercial aircraft carbon brakes market.
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Commercial Aerospace Carbon Brakes Market Segment Insights:
By Region:
North America is expected to remain the largest market for carbon 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. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years.
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