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Significant factors driving the growth of the aircraft brake system market




For those are unfamiliar, Aircraft brake systems are essential aircraft components that ensure the safety of an aircraft during ground operations, such as landing, takeoff, and taxiing.
Steadily, one can observe that, factors such as the increasing demand for lightweight and efficient aircraft components from the aviation industry, the rise in passenger movement, the expansion of the aviation industry in Asia-Pacific and the Middle East, etc, are driving the growth of the aircraft brake system market.
According to Research and Markets, the aircraft brake system market is projected to reach USD 8.42 billion by 2022, at a CAGR of 6.71% from 2017 to 2022.

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