The global aircraft tires market is projected to grow at a modest CAGR during the forecast period. The major aspect that drives the growth of the market includes the procurement of new generation aircraft in the commercial and military sectors. There has been a substantial rise in air travel and the airlines are planning to operate in new destinations and travel routes to enhance the reachability via air. Rising disposable incomes and rising business activities are also increasing owing to which there is an increased demand for aircraft and which in turn creates scope for the market growth over the forecast period. Besides, the frequent requirement of the replacement of air tires is likely to further support the growth of the aircraft tires market. However, due to the COVID-19 pandemic, a very steep downfall has been registered in the aviation industry which will take a couple of years to regain its pace.
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The global aircraft tires market is segmented on the basis of construction, type, aircraft type, and distribution channel. Based on the construction, the market is segmented as radial and bias-ply tires. By type, the market is bifurcated into new tires and retreaded tires. Based on the aircraft type, the market is segmented as commercial aircraft, military aircraft, and others. The commercial aircrafts segment is further segmented as wide-body aircraft, narrow-body aircraft, and regional transport aircraft. Whereas, the other sub-segment of the market includes spacecraft. Based on the distribution channel, the market is segmented as aftermarket and OEM.
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Global Aircraft Tires Market Segmentation
By Construction
· Radial
· Bias
By Type
· New Tires
· Retreaded Tires
By Aircraft Types
· Commercial Aircrafts
· Wide-Body Aircraft
· Narrow Body Aircraft
· Regional Transport Aircraft
· Military Aircrafts
· Others (Spacecrafts)
By Distribution Channel
· Tire Manufacturer/OEM
· Distributor/Aftermarket
Regional Analysis
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
Company Profiles
· Airframes Alaska LLC
· Aviation Tires & Treads LLC
· Bridgestone Corp.
· CieGnrl des Etblsmnts Michelin SCA
· Continental AG
· Desser Holdings LLC
· Dunlop Aircraft Tyres Ltd.
· Goodyear Tire & Rubber Co.
· MATCO Mfg.
· Mitas (Trelleborg AB)
· MRF Ltd.
· Petlas Tire Corp.
· Qingdao Sentury Tire Co. Ltd.
· Specialty Tires of America Inc.
· Stomil-Pozna? SA
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