Global Aircraft Tires Market Overview And Prospects – Including Aircraft Tires Market Trends
Learn about the global aircraft tires market through The Business Research Company, which provides information on aircraft tires market size, aircraft tires market drivers and restraints, aircraft tires market players, the COVID-19 impact on the aircraft tires market, and more.
The global aircraft tires market size is expected to grow from $1.7 billion in 2021 to $1.77 billion in 2022 at a compound annual growth rate (CAGR) of 4.2%. The global aircraft tire market size is expected to grow to $2.07 billion in 2026 at a CAGR of 3.9%.
The rising number of domestic and international air passengers is driving the aircraft tires market.
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The aircraft tires market consists of the sale of aircraft tires by entities (organization, sole proprietors, partnerships) that help to absorb the shock generated when landing and acts as a cushion for the roughness of takeoff, rollout, and taxi operations in an aircraft. Aircraft tires are generally made of rubber, and are essential and main body part for every aircraft.
Global Aircraft Tires Market Segments Include:
By Product: Radial, Bias
By Platform: Fixed Wing, Rotary Wing
By Application: Wide Body Aircraft, Very Large Aircraft, Regional Transport Aircraft, Narrow Body Aircraft
By End-User: OEM, Retread Tires, Replacement Tires
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the aircraft tires market in 2021.
Technological advancements is a key trend gaining popularity in the aircraft tires market. Aircraft tire manufactures are focusing on the development of tires which have better life, higher resistance and are more efficient.
Major Market Players: Bridgestone Corporation, Michelin Group, The Goodyear Tire & Rubber Company, Dunlop Aircraft Tyres Ltd., Qingdao Sentury Tire Co., Ltd., Wilkerson Company, Inc., Desser Tire & Rubber Co., LLC, Specialty Tires of America, Petlas Tire Corporation, Aviation Tires & Treads, LLC, Trelleborg AB, China National Tire & Rubber Co, Sentury Tire Co. Ltd., Tost GmbH Flugzeuggeratebau, and Wilkerson Company, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Aircraft Tires Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides aircraft tires market overviews, analyzes and forecasts market size, share, aircraft tires market players, aircraft tires market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s aircraft tires market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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