The report “ Aircraft Tires 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 by Geography – Global Forecasts to 2020, “ Analysis of the Major Market Drivers, Restraints, Opportunities, and Challenges in North America, Asia-Pacific, Europe, and the Rest of the World.
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Browse 113 market tables and 155 figures spread through 168 pages and in-depth TOC on „Aircraft Tires Market „
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The aircraft tires market is projected to reach $ 1.37 Billion by 2020, at a CAGR of 4.35%. A number of factors, as well as increasing demand for safety, are expected to increase.
The commercial segment to dominate the aircraft market, segmented based on application.
This segment dominates the studied market on the next five years, is increasingly driven by the increasing demand for aircraft and frequent replacement requirement for aircraft tires. This is because one of the requisites for a commercial aircraft manufacturer is to improve the aircraft’s operational efficiency.
The radial segment is expected to grow to the highest during the forecast period .
The global aircraft tire market has been segmented and analyzed in the next five years. It is expected to dominate the market owing to the increasing demand for aircraft tires.
The aircraft tire market is expected to witness the highest growth in the Asia-Pacific region.
The Asia-Pacific region has been witnessing strong growth for aviation industry over the past few years, mainly driven by increasing demand from commercial airlines segment in this region. This growth can be attributed to the increase in government spending for infrastructure development, liberalization of regulations.
Compagnie Générale des Etablissements Michelin (France.): One of the key players in the aircraft tires market
The major players in this market are Goodyear (US), Michelin (France), Bridgestone (Japan), and Dunlop Aircraft Tires (UK).
The report classifies the aircraft tires market based on product type, end user, platform aircraft type and application. The market has been segmented based on end user OEM tires, replacement tires, and retread tires. It has also been segmented further on commercial aviation and military aviation. Based on the aircraft type, the market is segmented into narrow body aircraft, wide body aircraft, very large aircraft, and regional transport aircraft.
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