Aircraft Tire Market - Trends Forecast Till 2028

Aircraft Tire Market, by Application (Commercial, & Defense), By Aircraft Type (VLA, NBA, WBA & RTA), by Product Type (Radial & Bias), by End User (OEM, Retreaded, & Replacement), by Platform (Fixed & Rotary Wing) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America).

Published Date: November, 2021

Base Year Estimate: 2020

Report ID: D-AD-ATM-371

Format:  

Number of Pages: 413

Domain: Aerospace & Defense

Aircraft Tire Market – Trends Forecast Till 2028

A tire in an aircraft is designed and manufactured in such a way that it is able to withstand extremely high loads for short duration of time. The number of tires in an aircraft is characterised by the weight of an aircraft. The pattern and arrangement of the tires is such that it can provide stability to the aircraft in cross wind conditions as well, prevent hydroplaning and also to create braking effect.

The global Aircraft Tire market size is projected to reach USD 2.6 billion by 2026 at a CAGR of 6% from USD 1.42 billion in 2021 during the forecast period 2021-2028.

With the increased demand for aircraft along with the frequent replacement required are some of the factors that have supported long-term expansion for Aircraft Tire Market.

Aircraft Tire Market Analysis

Aircraft Tire Market is segmented into product type, end user industry, platform, application and geography.

On the basis of Product Type

  • Radial
  • Bias

On the basis of End-Use Industry

  • OEM Tires
  • Replacement Tires
  • Retread Tires

On the basis of Platform

  • Fixed Wing
  • Rotary Wing

On the basis of Application

  • Commercial
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Very Large Aircraft
  • Regional Transport Aircraft
    • Rotary Wing

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

Aircraft Tire Market Primary respondent

 

Key Players

  • Goodyear
  • Michelin
  • Bridgestone
  • Dunlop Aircraft Tires
  • Qingdao Sentury Tire Co., Ltd.
  • Wilkerson Company, Inc. (Wco)
  • Desser Tire & Rubber Co., LLC
  • Specialty Tires of America
  • Petlas Tire Corporation
  • Aviation Tires & Treads, LLC

Recent Developments

  • In December 2017, HALCOR METAL WORKS S.A entered into a merger agreement with ELVAL HELLENIC ALUMINIUM INDUSTRY S.A., in order to combine their companies into one operating entity, under the name ELVALHALCOR. The merger's purpose is to synergize and strengthen both their growth prospects in the aluminum market of Europe. This development will enhance the line set market share of Halcor in the European region.
  • In February 2019, Daikin completed the acquisition of AHT Group (Austria), a leading company in the commercial refrigeration market in Europe. The acquisition will help Daikin in adding a range of products, services, and solutions based on its air conditioning and refrigeration equipment.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Aircraft Tire market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 1.42 billion

Growth Rate

CAGR of 6% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

material type, end use, implementation and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Goodyear, Michelin, Bridgestone, Dunlop Aircraft Tires, Qingdao Sentury Tire Co., Ltd., Wilkerson Company, Inc. (Wco), Desser Tire & Rubber Co., LLC, Specialty Tires of America, Petlas Tire Corporation, Aviation Tires & Treads, LLC

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