Global Aircraft Tire Market - 2019-2026

Global Aircraft Tire Market - 2019-2026

Unlike automotive tires, aircraft tires are complex with different sizes and styles. Aircraft tires are to be replaced at regular intervals that are scheduled based on the type of aircraft and some are replaced based on the usage and conditions. Due to the long life of the aircraft frames, regulations for aircraft tires is high.
Global Aircraft Tire market is accounted for a market value of USD xx billion in 2017, and is expected to grow at a CAGR of x% to reach USD xx billion by 2025.

Global Aircraft Tire market value, 2016 to 2025 (in USD billion)
Year Market Value
2016 19.54
2017 20.48
2018 21.48
2025 31.01
Global Aircraft Tire Market Dynamics:
The growing consumer incomes is driving demand for airline industry, which requires new and replacement tires, is strengthening the aircraft tire market growth.
Rising need for retread of aircraft tires as most of the aircraft tires undergo retreading for about five to ten times is driving the market for aircraft aftermarket tire market.
The barriers such as strict safety regulations for aircraft components including tires is affecting the market growth.
Global Aircraft Tire Market - Segment Analysis:
Global Aircraft Tire market is segmented by distribution type, and by application type.
By distribution type the market is segmented as OEM and aftermarket. Aftermarket segment is accounted for a major share in the global aircraft tire market. This growth is mainly due to most of the industry players are involved in serving existing aircraft fleets such as replacing worn tires globally and sometimes scheduled replacements.
By application type market is segmented as commercial and military & defence. Commercial and civil aircraft segments is accounted for the major share with growing low cost carriers all over the world and increasing flight travels.
Global Aircraft Tire Market - Geographical Analysis:
By Geography the market is segmented in to Americas, Europe, Asia Pacific and rest of the World. Asia Pacific region is the leading market for Aircraft Tire in 2017 and is expected to have dominant share over the forecast period to 2025. The growth is supported by increasing demand for commercial aircrafts in emerging countries for air travel, which driven the aircraft tire market.

Global Aircraft Tire market share, by region, 2017
Region Share
Americas 42%
Europe 20%
Asia Pacific 32%
RoW 6%
Global Aircraft Tire Market - Competitive Landscape:
The competition in the industry is consolidated among few large companies globally. Michelin, Bridgestone, Dunlop and goodyear are the prominent players in the Aircraft Tire market.
Key players in the industry are developing new tire technologies under partnerships with other industry players. For instance, in June 2017, Michelin and Safran has presented a connected tyres innovation named “PresSense” for aeronautical industry to improve ground maintenance operations.
 

Why Purchase the Report?
● Visualize the composition of the global Aircraft Tire market across each indication, in terms of type and treatment options, highlighting the key commercial assets and players.
● Identify commercial opportunities in global Aircraft Tire market by analyzing trends and co-development deals.
● Excel data sheet with thousands of data points of the global Aircraft Tire market.
● PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
● Product mapping in excel for the key products of all major market players.

Target Audience
:
● Equipment Suppliers/ Buyers
● Service Providers/ Buyers
● Industry Investors/Investment Bankers
● Education & Research Institutes
● Research Professionals
● Emerging Companies
● Manufacturers