What Happened
Global Demand for Advanced Braking Systems Increases
The global aerospace and defense wheel and brake market is experiencing steady growth, driven by increasing aircraft deliveries and modernization efforts. The market valuation rose from $4.59 billion in 2025 to $4.9 billion in 2026, and is projected to reach $6.27 billion by 2030 at a CAGR of 6.4%. This growth is fueled by the demand for advanced and durable braking systems, as well as the expansion of aftermarket maintenance activities. According to The Business Research Company, the market is expected to continue its positive trend, with key factors supporting this forecast including the rising demand for lightweight wheel and brake systems and the adoption of electromechanical braking technologies.