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Aircraft Tire Market

Aircraft Tire Market Forecasts to 2028 – Global Analysis By Aircraft Type (Commercial, Helicopter, Aviation), Structure (Radial Ply, Bias Ply), Product (Tubeless, Tube), End User (Repair & Overhaul, Aftermarket) and By Geography

4.3 (95 reviews)
Published: July 2021 ID: SMRC20750
4.3 (95 reviews)
Published: July 2021 ID: SMRC20750

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Aircraft Tire Market is accounted for $1.40 billion in 2020 and is expected to reach $2.29 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Rising demand for aircraft, increasing production rates of the key commercial aircraft programs in order to support rising passenger air traffic, frequent replacement requirements are driving the market growth. However, stringent aviation regulations and the high cost of aviation tires are hampering the growth of the market.
 
An aircraft tire refers to a specialized wheel that is designed to provide stability to the aircraft and withstand heavy loads at high speeds. Aircraft tires are made from natural rubber and are designed to withstand extreme load during airplane landing. A high-end tire can prevent potential aircraft tire explosion.
 
Based on the structure type, the radial ply segment is going to have lucrative growth during the forecast period owing to the efforts to reduce tire weight and provide tires that have higher durability and maneuverability. This improves their life along with providing a comfortable ride and reducing fuel consumption. By geography, Asia Pacific is going to have high growth during the forecast period due to the growing tourism in countries, the rise in disposable income coupled with increasing business activity leading to rising number of domestic and international air passengers and increasing military spending, fueled by growing political tension in the region.

Some of the key players profiled in the Aircraft Tire Market include Wilkerson Aircraft Tires, The Goodyear Tire & Rubber Company, Specialty Tires Of America, Inc., Dunlop Aircraft Tyres Limited, Qingdao Sentury Tire Co., Ltd., Petlas, Martins Industries, Desser Tire & Rubber Co., LLC, China National Tire & Rubber Co., Ltd., Bridgestone Corporation, Sentury Tire and Michelin Group.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 1.40 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

6.3%

Predicted 2028 Value:

USD 2.29 billion

Forecast Years:

2021-2028

Tables, Graphs& Figures

218

Chapters Covered:

Platform, Aircraft Type, Structure Type, Position, Component, Product, End User and Region

Core Drivers and Opportunities:

  • Rising demand for aircraft and frequent replacement requirements
  • Increasing production rates of the key commercial aircraft programs in order to support rising passenger air traffic
  • Rising demand for aircraft

Restraining Factors & Market Threats:

  • High cost of aviation tires
  • Stringent aviation regulations


Platforms Covered:
• Rotary-Wing
• Fixed-Wing

Aircraft Types Covered:
• Commercial Aircraft
• Spacecraft
• Propeller Aircraft
• Military Aircraft
• Helicopter
• Freighters
• Defense and Homeland Security Aircraft
• Business & General Aviation Aircraft   

Structure Types Covered:
• Radial Ply
• Bias Ply 

Positions Covered:
• Nose/Tail
• Main

Components Covered:
• Tread
• Sidewall
• Liner
• Bead 

Products Covered:
• Tubeless
• Tube

End Users Covered:
• Tire Manufacturer/Original Equipment Manufacturers
• Repair & Overhaul
• Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Aircraft Tire Market is majorly driven by increasing production rates of the key commercial aircraft programs in order to support rising passenger air traffic, rising demand for aircraft and frequent replacement requirements.

The radial ply segment is growing at a highest CAGR due to the efforts to decrease tire weight and provide tires that have higher durability and maneuverability. This enhances their life along with providing a comfortable ride and reducing fuel consumption.

North America dominated with a significant market share due to the manufacturing capital of the aircraft industry with the presence of major aircraft OEMs, tier players, tire manufacturers, raw material suppliers, and airlines.

Asia Pacific market is growing at a highest CAGR owing to the rise in disposable income coupled with increasing business activity leading to rising number of domestic and international air passengers, growing tourism in countries, and increasing military spending, fueled by growing political tension in the region.

Key players in Aircraft Tire Market include Wilkerson Aircraft Tires, The Goodyear Tire & Rubber Company, Specialty Tires Of America, Inc., Dunlop Aircraft Tyres Limited, Qingdao Sentury Tire Co., Ltd., Petlas, Martins Industries, Desser Tire & Rubber Co., LLC, China National Tire & Rubber Co., Ltd., Bridgestone Corporation, Sentury Tire and Michelin Group.

1 Executive Summary            
               
2 Preface          
   
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation           
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 Product Analysis           
 3.7 End User Analysis           
 3.8 Emerging Markets           
 3.9 Impact of Covid-19           
               
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Aircraft Tire Market, By Platform          
 5.1 Introduction           
 5.2 Rotary-Wing           
 5.3 Fixed-Wing           
              
6 Global Aircraft Tire Market, By Aircraft Type         
 6.1 Introduction           
 6.2 Commercial Aircraft           
  6.2.1 Wide Body Aircraft (Twin Aisle Aircraft)        
  6.2.2 Very Large Aircraft          
  6.2.3 Regional Transport Aircraft         
  6.2.4 Narrow Body Aircraft (Single Aisle Aircraft)       
 6.3 Spacecraft           
 6.4 Propeller Aircraft           
 6.5 Military Aircraft           
 6.6 Helicopter            
 6.7 Freighters           
 6.8 Defense and Homeland Security Aircraft         
 6.9 Business & General Aviation Aircraft         
              
7 Global Aircraft Tire Market, By Structure Type         
 7.1 Introduction           
 7.2 Radial Ply           
 7.3 Bias Ply            
              
8 Global Aircraft Tire Market, By Position          
 8.1 Introduction           
 8.2 Nose/Tail           
 8.3 Main            
              
9 Global Aircraft Tire Market, By Component         
 9.1 Introduction           
 9.2 Tread            
 9.3 Sidewall            
 9.4 Liner            
 9.5 Bead            
              
10 Global Aircraft Tire Market, By Product          
 10.1 Introduction           
 10.2 Tubeless            
 10.3 Tube            
              
11 Global Aircraft Tire Market, By End User          
 11.1 Introduction           
 11.2 Tire Manufacturer/Original Equipment Manufacturers       
 11.3 Repair & Overhaul            
 11.4 Aftermarket           
              
12 Global Aircraft Tire Market, By Geography         
 12.1 Introduction           
 12.2 North America           
  12.2.1 US           
  12.2.2 Canada           
  12.2.3 Mexico           
 12.3 Europe            
  12.3.1 Germany           
  12.3.2 UK           
  12.3.3 Italy           
  12.3.4 France           
  12.3.5 Spain            
  12.3.6 Rest of Europe          
 12.4 Asia Pacific           
  12.4.1 Japan           
  12.4.2 China           
  12.4.3 India           
  12.4.4 Australia           
  12.4.5 New Zealand          
  12.4.6 South Korea          
  12.4.7 Rest of Asia Pacific          
 12.5 South America           
  12.5.1 Argentina          
  12.5.2 Brazil           
  12.5.3 Chile           
  12.5.4 Rest of South America         
 12.6 Middle East & Africa          
  12.6.1 Saudi Arabia           
  12.6.2 UAE           
  12.6.3 Qatar           
  12.6.4 South Africa          
  12.6.5 Rest of Middle East & Africa         
              
13 Key Developments            
 13.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 13.2 Acquisitions & Mergers          
 13.3 New Product Launch          
 13.4 Expansions           
 13.5 Other Key Strategies          
              
14 Company Profiling            
 14.1 Wilkerson Aircraft Tires          
 14.2 The Goodyear Tire & Rubber Company         
 14.3 Specialty Tires Of America, Inc.         
 14.4 Dunlop Aircraft Tyres Limited          
 14.5 Qingdao Sentury Tire Co., Ltd.          
 14.6 Petlas            
 14.7 Martins Industries            
 14.8 Desser Tire & Rubber Co., LLC          
 14.9 China National Tire & Rubber Co., Ltd.          
 14.10 Bridgestone Corporation          
 14.11 Sentury Tire           
 14.12 Michelin Group           


List of Tables             
1 Global Aircraft Tire Market Outlook, By Region (2019-2028) ($MN)       
2 Global Aircraft Tire Market Outlook, By Platform (2019-2028) ($MN)       
3 Global Aircraft Tire Market Outlook, By Rotary-Wing (2019-2028) ($MN)       
4 Global Aircraft Tire Market Outlook, By Fixed-Wing (2019-2028) ($MN)       
5 Global Aircraft Tire Market Outlook, By Aircraft Type (2019-2028) ($MN)       
6 Global Aircraft Tire Market Outlook, By Commercial Aircraft (2019-2028) ($MN)      
7 Global Aircraft Tire Market Outlook, By Wide Body Aircraft (Twin Aisle Aircraft) (2019-2028) ($MN)    
8 Global Aircraft Tire Market Outlook, By Very Large Aircraft (2019-2028) ($MN)      
9 Global Aircraft Tire Market Outlook, By Regional Transport Aircraft (2019-2028) ($MN)     
10 Global Aircraft Tire Market Outlook, By Narrow Body Aircraft (Single Aisle Aircraft) (2019-2028) ($MN)    
11 Global Aircraft Tire Market Outlook, By Spacecraft (2019-2028) ($MN)       
12 Global Aircraft Tire Market Outlook, By Propeller Aircraft (2019-2028) ($MN)      
13 Global Aircraft Tire Market Outlook, By Military Aircraft (2019-2028) ($MN)      
14 Global Aircraft Tire Market Outlook, By Helicopter (2019-2028) ($MN)       
15 Global Aircraft Tire Market Outlook, By Freighters (2019-2028) ($MN)       
16 Global Aircraft Tire Market Outlook, By Defense and Homeland Security Aircraft (2019-2028) ($MN)    
17 Global Aircraft Tire Market Outlook, By Business & General Aviation Aircraft (2019-2028) ($MN)    
18 Global Aircraft Tire Market Outlook, By Structure Type (2019-2028) ($MN)      
19 Global Aircraft Tire Market Outlook, By Radial Ply (2019-2028) ($MN)       
20 Global Aircraft Tire Market Outlook, By Bias Ply (2019-2028) ($MN)       
21 Global Aircraft Tire Market Outlook, By Position (2019-2028) ($MN)       
22 Global Aircraft Tire Market Outlook, By Nose/Tail (2019-2028) ($MN)       
23 Global Aircraft Tire Market Outlook, By Main (2019-2028) ($MN)       
24 Global Aircraft Tire Market Outlook, By Component (2019-2028) ($MN)       
25 Global Aircraft Tire Market Outlook, By Tread (2019-2028) ($MN)       
26 Global Aircraft Tire Market Outlook, By Sidewall (2019-2028) ($MN)       
27 Global Aircraft Tire Market Outlook, By Liner (2019-2028) ($MN)       
28 Global Aircraft Tire Market Outlook, By Bead (2019-2028) ($MN)       
29 Global Aircraft Tire Market Outlook, By Product (2019-2028) ($MN)       
30 Global Aircraft Tire Market Outlook, By Tubeless (2019-2028) ($MN)       
31 Global Aircraft Tire Market Outlook, By Tube (2019-2028) ($MN)       
32 Global Aircraft Tire Market Outlook, By End User (2019-2028) ($MN)       
33 Global Aircraft Tire Market Outlook, By Tire Manufacturer/Original Equipment Manufacturers (2019-2028) ($MN)   
34 Global Aircraft Tire Market Outlook, By Repair & Overhaul (2019-2028) ($MN)      
35 Global Aircraft Tire Market Outlook, By Aftermarket (2019-2028) ($MN)       
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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