Segments - by Type (Tire Pressure Monitoring System and Brake Temperature Monitoring System), by Component (Sensor, Control Unit, Display System, Other), by Aircraft Type (Wide-body Aircraft, Narrow-body Aircraft, Others), by Distribution Channel (OEMs and Aftermarket)
The commercial aircraft tire pressure and brake temperature monitoring system market size was USD 1.3 Billion in 2023 and is projected to reach USD 2.5 Billion by 2032, expanding at a CAGR of 7.3% during 2024–2032.
he growth in international air travel and the expansion of global airline networks have led to increased deployments of wide-body aircraft, thereby boosting the demand for advanced monitoring systems. Moreover, the trend toward more fuel-efficient and longer-range aircraft has led to new models of wide-body aircraft entering the market, which are typically equipped with state-of-the-art monitoring systems as standard.
These units are critical for enabling real-time monitoring and decision-making, which are crucial for ensuring aircraft safety and efficiency. As commercial airlines continue to upgrade their fleets with the latest technology to meet regulatory standards and improve operational efficiency, the demand for sophisticated control units capable of supporting advanced monitoring functions is expected to grow significantly during the forecast period.
The stringent regulatory requirements imposed by aviation authorities worldwide, such as the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) drives the market. These regulations mandate the installation of advanced monitoring systems to ensure aircraft safety, compelling airlines and aircraft manufacturers to adopt these technologies.The increasing global air traffic, which necessitates higher standards of maintenance and safety to manage the larger number of flights efficiently fuels the growth of the market.
As the volume of passengers and flights grows, the demand for reliable aircraft increases, thereby boosting the need for effective monitoring systems that can prevent accidents and reduce downtime due to maintenance. Additionally, technological advancements in sensor technology and data analyticsboost the market. Modern aircraft are equipped with sophisticated systems that provide real-time data and predictive analytics, helping airlines minimize maintenance costs and enhance safety. The integration of IoT and wireless technologies has further improved the capabilities of monitoring systems, making them more accurate and easier to manage.
High installation and maintenance costs are significant barriers, especially for small and medium-sized airlines. The initial setup and ongoing maintenance of advanced monitoring systems can be costly, which may deter some operators from adopting these technologies.The complexity of integrating new systems into existing aircraft hinders the market.
Retrofitting older aircraft with the latest monitoring systems often requires significant modifications, which can be both costly and time-consuming. Additionally, the compatibility of new systems with older aircraft technologies can pose challenges, potentially limiting market growth.
The rapid expansion of emerging markets such as Asia-Pacific and the Middle East, where increasing air traffic and investments in aviation infrastructure are creating new demand for advanced aircraft systems.The development of more sophisticated sensor technologies and integrated systems that offer better accuracy, reliability, and connectivity creates new opportunities in the market.
Advances in nanotechnology, IoT, and artificial intelligence offer potential for the development of next-generation monitoring systems that can predict failures before they occur, thereby enhancing safety and efficiency.
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics are included in the report.
Attributes |
Details |
Report Title |
Commercial Aircraft Tire Pressure and Brake Temperature Monitoring System Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2023 |
Historic Data |
2017 -2022 |
Forecast Period |
2024–2032 |
Segmentation |
Type (Tire Pressure Monitoring System and Brake Temperature Monitoring System), Component (Sensor, Control Unit, Display System, and Other), Aircraft Type (Wide-body Aircraft, Narrow-body Aircraft, and Others), Distribution Channel (OEMs and Aftermarket) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, MarketTrends, and Revenue Forecast |
Key Players Covered in the Report |
Honeywell International Inc.; Safran Landing Systems; Crane Aerospace & Electronics; Meggitt PLC; UTC Aerospace Systems; Parker Hannifin Corporation; Michelin Aircraft Tire Company; Goodyear Tire & Rubber Company; Dunlop Aircraft Tyres Limited;Bridgestone Corporation; Aerospace Systems & Components, Inc.; Ametek, Inc.; Sensata Technologies; Schrader International, Inc.;Aerospace Monitoring Systems, Inc.; TE Connectivity Ltd.; General Electric Company; Collins Aerospace; Lufthansa Technik AG; and AeroControlex Group, Inc. |
The Tire Pressure Monitoring System (TPMS) segment holds a major share of the commercial aircraft tire pressure and brake temperature monitoring system market. TPMS is crucial for ensuring optimal tire pressure, which is vital for the safety, efficiency, and longevity of aircraft tires. Commercial airlines are increasingly adopting TPMS to comply with stringent aviation regulations and to reduce maintenance costs and downtime.
The demand for TPMS is also driven by the growing number of commercial aircraft deliveries worldwide, coupled with the rising focus on real-time data monitoring and predictive maintenance. As the aviation industry continues to grow, especially in emerging markets, the reliance on systems that can ensure operational efficiency and safety is paramount, thereby boosting the growth of the segment.Additionally, manufacturers are continuously innovating in the TPMS space, integrating advanced technologies such as wireless sensor networks and IoT connectivity, which enhances the system's accuracy and reliability.
The Brake Temperature Monitoring System (BTMS) segment is projected to grow at a significant growth rate during the forecast period. BTMS is critical for monitoring and managing the heat generated in aircraft brakes, which can reach extreme levels during landing and takeoff. The growth of the segment is propelled by the advancements in sensor technology and telemetry, which allow for more precise temperature measurements and more efficient data communication.
Moreover, the regulatory requirements for safety equipment in aircraft further drive the adoption of BTMS in new as well as existing aircraft. Airlines are focusing on ensuring the highest safety standards while also reducing maintenance time and costs, which is facilitated by the adoption of advanced BTMS. The demand for BTMS is rapidly growing due to the rising trend of upgrading older aircraft with state-of-the-art safety systems, including sophisticated brake temperature monitoring solutions.
Sensor segment dominates the market due to the increasing incorporation of advanced sensor technologies that offer greater sensitivity and durability. These sensors are responsible for the accurate and real-time collection of data regarding tire pressure and brake temperature, which are essential for maintaining aircraft safety and operational efficiency. Additionally, innovations such as wireless sensors and smart sensors equipped with IoT capabilities are enhancing the performance of monitoring systems, enabling more effective predictive maintenance strategies and reducing the risk of the tire and brake-related failures.
The growth of the segment is also fueled by stringent safety regulations imposed by aviation authorities worldwide, which require the installation of reliable monitoring systems. As the global fleet of commercial aircraft expands and older aircraft are retrofitted with new technology, the demand for advanced sensors is expected to increase in the coming years.
The control unit segment is anticipated to expand at a robust growth rate during the projection perioddriven by advancements in computing technology, which allow these systems to handle more complex algorithms and larger data sets with higher efficiency and reliability.Control units are essential for integrating the various inputs from multiple sensors and ensuring that the data is interpreted correctly to maintain optimal tire pressure and brake temperature. The integration of control units with other aircraft systems, such as the central maintenance system and cockpit displays, is also a key factor driving the growth of the segment.
Narrow-body aircraft, typically characterized by a single aisle, holds a major share of the market, due to the extensive use of narrow-body aircraft in short to medium-haul routes globally, which constitutes a large proportion of commercial flights. The high frequency of flights and the operational intensity of narrow-body aircraft necessitate robust tire pressure and brake temperature monitoring systems to ensure safety and efficiency. The growth of the segment is driven by the increasing number of these aircraft in service as airlines expand their domestic and regional fleets to meet growing passenger traffic.
Additionally, the rise in low-cost carriers, which predominantly operate narrow-body aircraft, has further propelled the demand for advanced monitoring systems that can reduce maintenance time and costs while enhancing aircraft turnaround times. As airlines continue to focus on operational efficiency and safety, the adoption of sophisticated tire pressure and brake temperature monitoring systems in narrow-body aircraft is expected to increase in the coming years.
Wide-body aircraft, which features two or more aisles, segment is projected to experience significant growth in the market, driven by the need for high reliability and performance, given the long duration and the high stakes of international flights. These aircraft are primarily used for long-haul international flights and are equipped with larger and more complex landing gear systems due to their size and the weight they carry. This complexity increases the importance of effective tire pressure and brake temperature monitoring systems to prevent tire and brake-related incidents, which can have severe implications in terms of safety and operational costs.
The OEMs segment dominates the market, driven by the continuous growth in new aircraft deliveries worldwide. OEMs are primarily involved in the design, development, and manufacturing of these monitoring systems directly for aircraft manufacturers. As airlines expand their fleets to meet increasing passenger traffic and replace older aircraft with newer, more efficient models, the role of OEMs becomes increasingly critical.
These manufacturers work closely with aircraft producers to ensure that their systems are perfectly integrated into the aircraft's broader operational systems, offering seamless functionality from the outset. Additionally, the collaboration between OEMs and aircraft manufacturers often leads to innovations in monitoring technology, further enhancing the safety and efficiency of commercial aviation.
The aftermarket segment is projected to grow at a significant growth rate during the forecast period. This segment involves the installation, maintenance, or replacement of monitoring systems on aircraft that are already in service. The growth of the segment is driven by the aging global aircraft fleet and the stringent regulatory requirements that mandate certain technological standards for continued operation.
Airlines often turn to aftermarket solutions to extend the operational life of their aircraft economically, ensuring compliance with international safety regulations without the need to purchase new aircraft. Additionally, the aftermarket provides opportunities for retrofitting advanced systems that offer improved accuracy, reliability, and connectivity over older systems, thereby enhancing overall fleet performance and safety. The demand in the aftermarket is also supported by the regular maintenance cycles of aircraft, during which worn or outdated components are replaced, including tire pressure sensors and brake temperature monitors.
North America dominates the commercial aircraft tire pressure and brake temperature monitoring system market, driven by a combination of advanced aviation infrastructure, a strong presence of leading aircraft manufacturers and airlines, and stringent regulatory standards. The US, in particular, stands out as a major contributor to this market due to its large fleet of commercial aircraft and its role as a hub for technological innovation in aerospace.
The demand for tire pressure and brake temperature monitoring systems in the region is propelled by the need to enhance safety and efficiency in airline operations, coupled with the adoption of new technologies that facilitate predictive maintenance and operational readiness.
The market in the region is also supported by the presence of major aircraft manufacturers such as Boeing, which integrates these monitoring systems in their aircraft models, and numerous airlines that prioritize upgrading their fleets with the latest safety technologies. Furthermore, regulatory bodies such as the Federal Aviation Administration (FAA) impose strict guidelines that mandate the use of such monitoring systems, thereby driving the demand within the region.
The market in the Asia Pacific is projected to rapidly grow during the forecast period, characterized by rapid growth in air travel demand and an expanding fleet of commercial aircraft. Countries such as China, India, and Southeast Asian nations are experiencing significant increases in both domestic and international air traffic, which necessitates the adoption of advanced safety and monitoring systems in aircraft.
The growth of the market is further fueled by the increasing focus on air travel safety, driven by rising passenger numbers and more stringent safety regulations from aviation authorities. The market benefits from the presence of fast-growing airlines and burgeoning aircraft orders, which often include the latest monitoring technologies as standard features.
Additionally, the region is seeing a rise in local aircraft manufacturers focusing on competing globally and adopting advanced systems, including tire pressure and brake temperature monitors, in their aircraft designs. The aftermarket in the region also shows robust growth potential, as older aircraft require upgrades to comply with new regulations and to maintain operational efficiency.
The Commercial Aircraft Tire Pressure and Brake Temperature Monitoring System Market has been segmented on the basis of
Key players in the commercial aircraft tire pressure and brake temperature monitoring system market are Honeywell International Inc.; Safran Landing Systems; Crane Aerospace & Electronics; Meggitt PLC; UTC Aerospace Systems; Parker Hannifin Corporation; Michelin Aircraft Tire Company; Goodyear Tire & Rubber Company; Dunlop Aircraft Tyres Limited;Bridgestone Corporation; Aerospace Systems & Components, Inc.; Ametek, Inc.; Sensata Technologies; Schrader International, Inc.;Aerospace Monitoring Systems, Inc.; TE Connectivity Ltd.; General Electric Company; Collins Aerospace; Lufthansa Technik AG; and AeroControlex Group, Inc.