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Global Commercial Aircraft Tire Pressure and Brake Temperature Monitoring System Market 2017-2021

  • Published: Nov 2017
  • Pages: 79
  • SKU: IRTNTR15246
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This industry research report identifies Crane, Meggitt, Safran Landing Systems (Messier-Bugatti-Dowty), and UTC Aerospace Systems as the key vendors in the global commercial aircraft tire pressure and brake temperature monitoring system market. A comprehensive analysis of this market is also presented by aircraft type (narrow-body aircraft, wide-body aircraft, and regional jets) and by geography (the Americas, APAC, and EMEA).

Overview of the global commercial aircraft tire pressure and brake temperature monitoring system market

According to Technavio’s research analysis, the rising aircraft orders generating a parallel demand for tire pressure monitoring systems (TPMS) will be one of the major factors that will have a positive impact on the commercial aircraft tire pressure and brake temperature monitoring system market till 2021. Commercial aircraft OEMs are involved in the manufacture of new generation aircraft with reduced fuel consumption rates and lower noise and carbon emissions. The need for air travel is likely to grow two folds in the next 20 years. This is mainly due to the rise in air travel in key countries such as India, China, Indonesia, Russia, and the US. Moreover, the increase in air traffic over the years has also increased the importance of launching new aircraft to cater to the growing demand. The global air traffic is largely influenced by the rising economy figures and increasing tourism numbers. Numerous aircraft parts manufacturers, including vendors of aircraft landing gears and aircraft TBMS, have witnessed an increased demand from the key countries. The rising order book for newer generation aircraft is likely to be a key factor for the growth of the global aircraft tire market which in turn will generate a demand for pressure and temperature monitoring systems. Our market research analysts predict that this market will grow at a CAGR of close to 7% by 2021.

The developments in the aircraft monitoring systems are one of the latest trends that will gain traction in the commercial aircraft tire pressure and brake temperature monitoring system market. The evolution in the aircraft monitoring systems compared to the conventional systems has led the aviation industry to continuously focus on the adoption of intelligent tires. These tires are equipped with integrated chips and sensors to measure the tire pressure, wear and tear, and damage. Companies such as Continental provide tires with integrated sensors and monitors for tracking the air pressure. Also, the integrated TBMS introduced by Crane Aerospace & Electronics fuses the role of the tire pressure monitoring unit and brake temperature monitoring unit (BTMU).


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Competitive landscape and key vendors  

The commercial aircraft tire pressure and brake temperature monitoring system market consists of a few numbers of global vendors. With the improvement in capabilities of existing facilities, vendors are also concentrating on expanding their manufacturing bases in developing regions like APAC for cost-effectiveness. Also, the rising popularity of the tire pressure monitoring systems market will drive the growth of the market during the forecast period.

The leading vendors in the market are –

  • Crane
  • Meggitt
  • Safran Landing Systems (Messier-Bugatti-Dowty)
  • UTC Aerospace Systems

The other prominent vendors in the market are ARi Industries, HarcoSemco, RdF, Tayco Engineering, and THERMOCOAX.

Segmentation by aircraft type and analysis of the commercial aircraft tire pressure and brake temperature monitoring system market

  • Narrow-body aircraft
  • Wide-body aircraft
  • Regional jets

During 2016, the narrow-body aircraft segment accounted for the major shares of the commercial aircraft tire pressure and brake temperature monitoring system market. Factors such as the rising demand for fuel-efficient aircraft and the rising popularity of the low-cost carrier (LCC) model in numerous emerging and developed economies will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the commercial aircraft tire pressure and brake temperature monitoring system market

  • Americas
  • APAC
  • EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the commercial aircraft tire pressure and brake temperature monitoring system market throughout the forecast period. The presence of major aircraft manufacturing companies and rising investments in the aircraft industry will drive the growth of the market in the region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the commercial aircraft tire pressure and brake temperature monitoring system market?
  • What are the key market trends impacting the growth of the commercial aircraft tire pressure and brake temperature monitoring system market?
  • What are the challenges to market growth?
  • Who are the key vendors in the commercial aircraft tire pressure and brake temperature monitoring system market?
  • What are the market opportunities and threats faced by the vendors in the commercial aircraft tire pressure and brake temperature monitoring system market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the commercial aircraft tire pressure and brake temperature monitoring system market?

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: FIVE FORCES ANALYSIS

  • Global commercial aircraft TBMS market by aircraft type

PART 07: MARKET SEGMENTATION BY AIRCRAFT TYPE

  • Global tire pressure and brake temperature monitoring system market for narrow-body aircraft
  • Global commercial aircraft TBMS market for wide-body aircraft
  • Global commercial aircraft TBMS market for regional jets

PART 08: REGIONAL LANDSCAPE

  • Global commercial aircraft TBMS market by geography
  • Regional comparison
  • Americas – Market size and forecast
  • EMEA – Market size and forecast
  • APAC – Market size and forecast
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Evolving smart innovations
  • Introduction of NEMS
  • Growing focus on green aircraft taxiing system

PART 12: VENDOR LANDSCAPE

  • Competitive landscape
  • Other prominent vendors
  • Crane
  • Meggitt
  • Safran Landing Systems (Messier-Bugatti-Dowty)
  • UTC Aerospace Systems

PART 13: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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