Aircraft wheels and brakes are part of the undercarriage system of an aircraft. The wheels and brakes are used to slow the aircraft during landing roll. They also aid pilots to guide the aircraft during other ground operations, such as taxiing and parking. In a typical brake system, mechanical or hydraulic linkages to rudder pedals allow the pilot to control the brakes. Technological advancements in the field of aerospace engineering have contributed to the development of advanced wheels and brakes, which encompass the ability to ensure smooth landing of the aircraft, even in short stopping distances. Brakes utilized in the aircraft are known as disc plates that are mainly connected to the caliper or brake pads. Note: 1. Micromarkets are defined as further segments and subsegments of the aircraft brake system market included in the report. 2. Core competencies of companies have been captured in terms of their key developments, SWOT analysis, and key strategies adopted by key players to sustain their position in the aircraft brake system market.
Visionary leaders are the leading market players in terms of new developments such as product launches, innovative technologies, and the adoption of growth strategies. These players have a broad product offering that caters to most of the regions globally. Visionary leaders primarily focus on acquiring the leading market position through their strong financial capabilities and their well-established brand equity.
Dynamic Differentiators are established players with very strong business strategies. However, they have a weaker product portfolio compared to the visionary leaders. They generally focus only on a specific type of technology related to the product.
Innovators in the competitive leadership mapping are vendors that have demonstrated substantial product innovations as compared to their competitors. The companies have focused on product portfolios. However, they do not have very strong growth strategies for their overall business, when compared with the visionary leaders.
Emerging companies have niche product and service offerings. Their business strategies are not as strong as that of the established vendors. The emerging vendors include the new entrants in the market, emerging in terms of product portfolio and geographic reach, and require time to gain significant traction in the market.