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 Forecast to 2020" ,
analyzes and studies 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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buyers will receive 10% customization on this report.
The aircraft tires market is projected to reach
USD 1.37 Billion by 2020, at a CAGR of 4.35%. A number of factors, such as
increasing demand for aircraft and frequent tire replacement requirement as
well as growing concern about safety requirements, are expected to drive the growth
of the aircraft tires market.
The commercial segment to dominate the aircraft
tires market, segmented based on application.
This segment dominates the studied market
segmented on the basis of applications and is expected to continue its
dominance over the next five years, primarily driven by the increasing demand
for aircraft for air travel and frequent replacement requirement for aircraft
tires. This is also because one of the requisites for a commercial aircraft
manufacturer is to improve the aircraft’s operational efficiency by reducing
its overall weight.
The radial segment is expected to grow the
highest during the forecast period.
The global aircraft tires market has been
segmented and analyzed in terms of two types of products which include bias and
radial, wherein the bias segment dominates the overall market, and is expected
to exhibit a similar trend during the next five years. It is expected to
dominate the market owing to the increasing demand for air travel and frequent
replacement requirement 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, which in turn is expected to bolster the
aircraft tires market. This growth can be attributed to the increase in
government spending for infrastructure development, liberalization of
regulations related to air transport, and growing GDP of the region.
Compagnie
Générale des Etablissements Michelin (France.): One of the key players in the
aircraft tires market
The major players in this market are Goodyear
(U.S.), Michelin (France), Bridgestone (Japan), and Dunlop Aircraft Tires
(U.K.).
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 into OEM tires, replacement tires,
and retread tires. It has been segmented further based on application into
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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