Global Aircraft Wheels and Brakes Market: Regional Share Comparison, 2024 vs 2032

From *** to ***, the Global Aircraft Wheels and Brakes Market experiences significant shifts in regional market shares. North America, the leading region, records a slight increase in its market share, rising from ***% in *** to ***% by ***, driven by continuous advancements in aircraft technology and the growing demand for high-performance braking solutions. Europe’s share declines from ***% in *** to ***% in ***, influenced by increasing competition and shifts in global manufacturing hubs. Asia Pacific demonstrates strong growth, expanding its share from ***% in *** to ***% by ***, supported by the region’s expanding aviation infrastructure and rising demand for new aircraft. Meanwhile, the Middle East & Africa record a slight decrease, with its share moving from ***% to ***%, while South America’s market share drops from ***% to ***%, reflecting regional economic conditions and slower growth in aviation infrastructure.