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Aircraft Tires: Worldwide Market Opportunity Analysis & Forecast 2018-2026 - Continually Rising Aircraft Orders from India & China - ResearchAndMarkets.com

November 30, 2018
The “Global Aircraft Tires Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.The global aircraft tires market was valued at US$ 1,260.4 Mn in 2017 and is set to demonstrate 4.5% CAGR during the forecast period from 2018 to 2026.Aircraft tires are among the most complex and sophisticated engineered products onboard aircrafts. With properties withstand heavy loads at high velocities and extreme temperatures, the demand for aircraft tires is primarily governed by the consistently growing aviation sector worldwide.Asia Pacific is expected to emerge as the frontrunner in the market in the near future, surpassing the North America aircraft tires market. This can be attributed to rapidly growing number of air passengers and hence the aviation industry here. Additionally, growing spending over military aircrafts forms another important factor supporting the market growth.

Aircraft tires market is segment based on tire type, design, tire assembly, tire tread, end-user, aircraft type and geography. Based on tire type, the market is led by type VII and type VIII segments due to their higher application commercial airliners. Further, based on geography, the market is currently led by North

America and is expected to be surpassed by Asia Pacific in the near future.

India and China are projected to emerge as the driving markets for aircraft tires. This is attributed to factors such as sharp increase in air passengers, growing air cargo and military aircraft budgets. For instance, Boeing Company delivered a record high of 202 aircrafts to China in the year 2017, which constituted nearly 26% of Boeing’s global aircraft deliveries in the same year.According to International Air Transport Association (IATA), China is expected to surpass the U.S. aviation sector by 2022, making it the largest aviation market. Similarly, in June 2017, the total aircraft orders by India reached 1,080, posing it to become the 3rd largest aviation market in the near future.The overall aircraft tires market is highly consolidated in nature with very limited companies operating in the market. Very few tire manufacturers possess the technology to produce high performance aircraft tires. This is primarily due to higher complexities involved in manufacturing these high performance tires.Michelin Group, Bridgestone Corporation, Goodyear Tire & Rubber Company, Dunlop Aircraft Tyres Ltd. are the top four companies operating in the market capturing more than 80% of the total market revenue generated worldwide. Due to limited number of new entrants in aircraft tire manufacturing, the market would continue its consolidated nature over the following years.

Key Topics Covered

Chapter 1 Preface

1.1 Report Scope and Description

1.2 Research Scope

1.3 Research Methodology

1.4 Market Segmentation

Chapter 2 Executive Summary

2.1 Market Snapshot: Global Aircraft Tires Market

Chapter 3 Market Dynamics

3.1 Introduction

3.2.1 Market Drivers

3.2.1.1 Rising Commercial Aviation Industry Worldwide

3.2.1.2 Increasing Expenditure on Military Aircraft

3.2.1.3 Continually Rising Aircraft Orders from India and China

3.2.2 Market Challenge

3.2.2.1 Complex Production Process & Stringent Regulations

3.3 Attractive Investment Proposition, by Geography, 2017

3.4 Market Positioning of Key Aircraft Tires Vendors, 2017

Chapter 4 Global Aircraft Tires Market, by Tire Type

4.1 Overview

4.2 Type III

4.3 Type VII Aircraft Tires

4.4 Type VIII (Three Part Type) Aircraft Tires

4.5 Metric Aircraft Tires

Chapter 5 Global Aircraft Tires Market, by Design

5.1 Overview

5.2 Bias Ply Aircraft Tires

5.3 Radial Ply Aircraft Tires

Chapter 6 Global Aircraft Tires Market, by Tire Assembly

6.1 Overview

6.2 Tubeless Tires

6.3 Tubed Tires

Chapter 7 Global Aircraft Tires Market, by Tire Tread

7.1 Overview

7.2 New Treaded Tires

7.3 Retreaded Tires

Chapter 8 Global Aircraft Tires Market, by End-user

8.1 Overview

8.2 Commercial

8.3 Defense

Chapter 9 Global Aircraft Tires Market, by Aircraft Type

9.1 Overview

9.2 Fixed Wing Aircrafts

9.3 Rotary Wing Aircrafts

Chapter 10 North America Aircraft Tires Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 11 Europe Aircraft Tires Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 12 Asia Pacific Aircraft Tires Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 13 Rest of the World (RoW) Aircraft Tires Market Analysis, 2016 - 2026 (US$ Mn)

Chapter 14 Company Profiles

14.1 Bridgestone Corporation

14.2 Desser Tire & Rubber Co. LLC

14.3 Dunlop Aircraft Tyres Ltd.

14.4 Goodyear Tire & Rubber Company

14.5 Guilin Lanyu Aircraft Tire Development Co. Ltd.

14.6 Michelin Group

14.7 Petlas Tire Corporation

14.8 Qingdao Sentury Tire Co. Ltd.

14.9 Specialty Tires of America Inc.

For more information about this report visit https://www.researchandmarkets.com/research/dd7tn7/aircraft_tires?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181130005156/en/

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Related Topics:Aircraft Parts

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING AEROSPACE AUTOMOTIVE TIRES & RUBBER

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/30/2018 06:45 AM/DISC: 11/30/2018 06:45 AM

http://www.businesswire.com/news/home/20181130005156/en

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