North America Aircraft Tires Market Size, Share & Trends Analysis Report By Construction (Radial and Bias), By Type (New Tires, and Retreaded Tires), By Aircraft Types (Commercial Aircrafts, Military Aircrafts, and Others) and by Distribution Channel (Aftermarket and OEM) Forecast, 2020-2026.
North America aircraft tires market is projected to grow at a modest CAGR during the forecast period (2020-2026). The major aspect that drives the growth of the market includes the well-established aviation industry, especially in the US. Besides, the presence of the major commercial aircraft companies such as Airbus, Boeing, Bombardier among others in the North American region also demands aircraft tires for their novel models. Additionally, the rise in the air passengers as people prefer more to travel via air than by road is also contributing to the North American aircraft tires industry growth over the forecast period. However, due to COVID-19, air travel has plumped significantly in the region, which will negatively affect the overall market.
North American aircraft tires market is segmented based on 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.
Based on the demographic viewpoint, the North American aircraft tires market is segmented into the US and Canada. The US is likely to witness substantial growth in the market over the forecast period. Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Aviation Tires & Treads LLC, Mitas (Trelleborg Group), Petlas Tire Corp., Qingdao Sentury Tire Co. Ltd., and Specialty Tires of America Inc. are some of the prominent players functioning in the North America aircraft tires market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market.
Research Methodology
The market study of the North American aircraft tires market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.
Secondary Sources Include:
Market Segmentation:
1. North America Aircraft Tires Market Research and Analysis by Construction
2. North America Aircraft Tires Market Research and Analysis by Tires Type
3. North America Aircraft Tires Market Research and Analysis by Aircraft Type
4. North America Aircraft Tires Market Research and Analysis by Distribution Channel
The Report Covers:
North America aircraft tires market is projected to grow at a modest CAGR during the forecast period (2020-2026). The major aspect that drives the growth of the market includes the well-established aviation industry, especially in the US. Besides, the presence of the major commercial aircraft companies such as Airbus, Boeing, Bombardier among others in the North American region also demands aircraft tires for their novel models. Additionally, the rise in the air passengers as people prefer more to travel via air than by road is also contributing to the North American aircraft tires industry growth over the forecast period. However, due to COVID-19, air travel has plumped significantly in the region, which will negatively affect the overall market.
North American aircraft tires market is segmented based on 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.
Based on the demographic viewpoint, the North American aircraft tires market is segmented into the US and Canada. The US is likely to witness substantial growth in the market over the forecast period. Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Aviation Tires & Treads LLC, Mitas (Trelleborg Group), Petlas Tire Corp., Qingdao Sentury Tire Co. Ltd., and Specialty Tires of America Inc. are some of the prominent players functioning in the North America aircraft tires market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players to sustain in the highly competitive market.
Research Methodology
The market study of the North American aircraft tires market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. the team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
Market Segmentation:
1. North America Aircraft Tires Market Research and Analysis by Construction
2. North America Aircraft Tires Market Research and Analysis by Tires Type
3. North America Aircraft Tires Market Research and Analysis by Aircraft Type
4. North America Aircraft Tires Market Research and Analysis by Distribution Channel
The Report Covers:
- Comprehensive research methodology of the North American aircraft tires market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North America aircraft tires industry.
- Insights about market determinants that are stimulating the North American aircraft tires market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary
2. Market Overview and Insights
3. Competitive Landscape
4. Market Determinants
5. Market Segmentation
6. Regional Analysis
7. Company Profiles
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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 Group)
- Petlas Tire Corp.
- Qingdao Sentury Tire Co. Ltd.
- Specialty Tires of America Inc.
- Stomil-Poznań SA