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Aircraft Tires - Global Market Trajectory & Analytics

  • ID: 4805144
  • Report
  • May 2020
  • Region: Global
  • 466 pages
  • Global Industry Analysts, Inc
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Amid the COVID-19 crisis and the looming economic recession, the Aircraft Tires market worldwide will grow by a projected US$273.6 Million, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 3%. Radial, one of the segments analyzed and sized in this study, is forecast to grow at over 3.2% and reach a market size of US$626.4 Million by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Radial market will be reset to a new normal which going forward in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 1.8% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$6.4 Million to the region's size over the next 7 to 8 years. In addition, over US$6.9 Million worth of projected demand in the region will come from Rest of the European markets. In Japan, the Radial segment will reach a market size of US$29.3 Million by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Aircraft Tires market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 5.9% over the next couple of years and add approximately US$91 Million in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Aircraft Tires market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others:

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)

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
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
Global Competitor Market Shares
A Prelude into Leading Market Players
Aircraft Tires Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Increasing Demand for Aircrafts to Spur Growth in Aircraft Tires Market
Total Net Aircraft Orders of Boeing and Airbus: 2007 to 2017
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
Total Share of RPK (Revenue Passenger Kilo Meters) by Airline Segment: 2014 and 2034
Increasing Air Travel Demand to Bode Well for Market
Breakdown of Passenger Demand and Capacity for Air Traffic by Region: 2018E and 2019F
New Product Introduction

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Aircraft Tires Market Share (in %) by Company: 2019 & 2025
Market Analytics
CANADA
JAPAN
CHINA
EUROPE
Market Facts & Figures
European Aircraft Tires Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA

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