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Aircraft Tires - Global Market Trajectory & Analytics

  • ID: 4805144
  • Report
  • April 2021
  • Region: Global
  • 466 pages
  • Global Industry Analysts, Inc
Global Aircraft Tires Market to Reach $1.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Aircraft Tires estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 3% over the period 2020-2027. Radial, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach US$626.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bias segment is readjusted to a revised 2.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $326.1 Million, While China is Forecast to Grow at 5.5% CAGR

The Aircraft Tires market in the U.S. is estimated at US$326.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$302.6 Million by the year 2027 trailing a CAGR of 5.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR.

Select Competitors (Total 46 Featured):
  • Aviation Tires & Treads, LLC
  • Bridgestone Corporation
  • Desser Tire & Rubber Co., LLC
  • Dunlop Aircraft Tyres Ltd.
  • Goodyear Tire & Rubber Company
  • Petlas
  • Qingdao Sentury Tire Co., Ltd.
  • Specialty Tires of America
  • Wilkerson Company, Inc. (Wco)
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • An Overview of Aircraft Tires Market
  • Asia-Pacific Region to Contribute Highest Growth
  • Commercial Sector Accounts for Largest Share in the Aircraft Tires Market
  • Radial Segment to Exhibit Highest Growth
  • Impact of Covid-19 and a Looming Global Recession
  • Increasing Demand for Aircrafts to Spur Growth in Aircraft Tires Market
  • Exhibit 1: Total Net Aircraft Orders of Boeing and Airbus: 2007 to 2017
  • Exhibit 2: Breakdown of Commercial Aircraft Demand in Units by Existing Aircrafts and New Deliveries: 2018 to 2037
  • Increase in LCC Traffic, Aircraft Retrofitting, and Use of New-Generation Materials to Support Market Growth
  • Exhibit 3: Total Share of RPK (Revenue Passenger Kilo Meters) by Airline Segment: 2014 and 2034
  • Increasing Air Travel Demand to Bode Well for Market
  • Exhibit 4: Breakdown of Passenger Demand and Capacity for Air Traffic by Region: 2018E and 2019F
  • New Product Introduction
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
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