One of the major drivers in the Global Commercial Aircraft Carbon Brakes Market is an increase in demand for aircraft from the APAC region. The no-frills business model has led to an increase in the demand for new aircraft in this region in recent years.
Airlines that operate on this business model fly only short-haul routes and provide seats as products to their passengers. The rest of the in-flight services are either paid for or are not provided on board. The APAC region is witnessing an increase in demand for narrow-body aircraft as compared to wide-body aircraft, with a corresponding increase in demand for carbon brakes. No-frills airlines such as PT Lion Mentari Airlines entered into a deal with the Airbus Group for the purchase of 234 aircraft.
This is a huge reason why the Global Commercial Airline Carbon Brakes Market is expected to post a CAGR of 12.25 percent for the 2013-2018 period.
In addition, the demand for jetliners can be attributed to the increase in air traffic in the APAC region which is a result of the growing per capita income of the population and the rising disposable incomes of the burgeoning middle class.
New corporate houses are setting up shop in this region, resulting in large-scale investment in infrastructure. This will mean that a high number of businessmen will frequently move in and out of this region, leading to an increase in the demand for business jets during the forecast period.
Furthermore, China is the third leading country in the Global Commercial Aircraft Carbon Brakes Market. The country is experiencing a surge in the Aviation industry in terms of air traffic, demand for new aircraft, MRO services and manufacturing of new commercial aircraft in the country. Due to the growth of the Aviation industry in the country, it is expected that the demand for carbon brakes will increase in the future.
