The global aircraft tires market is anticipated to grow significantly at a CAGR over the forecast period (2020-2026). The key aspect that drives the growth of the global aircraft tires market is the rising air travel across the globe during the forecast period as compared to 2020 levels. Increased military spending, on-going procurements of military aircraft, along with increasing manufacturing capabilities of the region are some other factors that drive the growth of the global aircraft tires market over the forecast period.
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Besides, the key players such as Aviation Tires & Treads LLC, Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Mitas (Trelleborg Group), Petlas Tire Corp., and Specialty Tires of America Inc. among others are likely to support the growth of the aircraft tires market. These players are also substantially investing in the development of new technology tires such as flying taxis or flying cars, which are currently in their initial stages. For instance, Goodyear Tire & Rubber Co. introduced AERO, a concept tire for autonomous and flying cars at Geneva International Motor Show 2019. The novel AERO consists of advanced features such as non-pneumatic structure, multimodal design, optical sensing, and magnetic propulsion among others. Hence, such factors are likely to encourage the player to gain a competitive edge and in turn, contribute to the growth of the market.
A Full Report of Global Aircraft Tires Market is Available at: https://www.omrglobal.com/industry-reports/aircraft-tires-market
- Market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Tire Construction, Tire Type, Aircraft Types, and Distribution Channels
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Michelin Group, Qingdao Sentury Tire Co. Ltd.
Global Aircraft Tires Market – Segmentation
By Tire Type
- New Tires
- Retreaded Tires
By Tire Construction
By Aircraft Type
- Commercial Aircrafts
o Wide-Body Aircraft
o Narrow Body Aircraft
o Regional Transport Aircraft
- Military Aircrafts
- Others (Spacecrafts)
By Distribution Channel
Global Aircraft Tires Market – Segmentation by Region
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
Rest of the World
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