Aircraft Tire Market

Aircraft Tire Market Market Research Report
By Forecast To 2022
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2022
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Aircraft Tire Market Market Research Report - Forecast to 2022
Aircraft Tire Market Information Report by product type (radial and bias), by application (commercial and
defense), and by Region - Global Forecast to 2022
Made from nylon cord, steel, artificial & natural rubber, aircraft tires are generally used in the performance of the aircraft.
Market Research Future (MRFR) has published a research report about the global aircraft tire market that expects growth
for this market by the end of the forecast period that would end in 2022.Analyzing the market structure, this report
evaluates the future growth potential of the market. It observes the strategies of the key players in the market and follows
the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and
developments (R & D) in the market.
The primary factors are driving the global aircraft tire market frequent necessity regarding tire replacement, growing
concern about safety measures, and rising demand for aircraft carriers. The global aircraft tire market has been segmented
on the basis of application, product type, and lastly region. As per application, the market has been segmented into
commercial and defense. Commercial aircrafts carry passengers while defense aircrafts are used for countering air attacks.
By product type, the market has been segmented into bias and redial. Bias ply tires are constructed with plies of reinforcing
materials. Redial tire is considered to be of superior design.
The regional segmentation of global aircraft tire market segments this market into continent-based regional markets namely
North America, Europe, Asia Pacific, and the rest of the world (RoW). Due to technological advancement, North America is
an established market, and many key market players are based in this region, especially in the United States of America
(USA) which is the strongest economy in this region. Canada is the second most important country-specific market in this
region. Some key market players are based in Europe also. And like North America, most people in Europe prefer to travel by
air. Therefore, Europe is also a big market. The most important country-specific markets are France, Germany, Spain, and
the United Kingdom (UK), followed by the rest of Europe.
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Aircraft Tire Market Market Research Report - Forecast to 2022
During the forecast period, it is the Asia Pacific region which is expected to witness the highest amount of growth,
compared to all regional markets. In this region, the market is growing due to government spending on infrastructure
development, Gross Domestic Product (GDP) growth, increasing demand by the commercial airlines, and liberalization of
the economy in many countries. In this region, the most important country-specific markets are China, India, and Japan,
followed by the rest of the Asia Pacific region.
Key Players
The key players in the global aircraft tire market include Aviation Tires & Treads LLC (USA), Bridgestone Corporation (Japan),
Compagnie Générale Des Établissements Michelin Sca (France), Desser Tire & Rubber Co. LLC (USA), Dunlop Aircraft Tyres
Ltd. (UK), Goodyear Tire & Rubber Co. (USA), Petlas Tire Corporation (Turkey), Qingdao Sentury Tire Co., Ltd. (China),
Specialty Tires of America (USA), Wilkerson Company, Inc. (USA).
Latest Industry News
AeroParts & Supply Southwest, Inc. (APSS), has completed a facility move to an upgraded hangar and shop space. The new
facility is located at Dallas Executive Airport and is now fully operational. 25 SEP 2018
Michelin North America Inc. is launching a high-performance bias-ply tire called The Michelin Pilot tire. This tire has been
designed for propeller-driven aircraft. Available in two sizes in the USA and Canada, it has been designed to provide extralong tire life with long tread life and all-weather protection. 26 JUL 2018
Michelin Aircraft Tire has bagged a new contract from Private aircraft producer Cirrus Design Corp. According to the
contract, Michelin Aircraft Tire will provide original equipment tire for Cirrus propeller-driven airplanes and jet-powered
airplanes. 13 JUL 2018.
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Aircraft Tire Market Market Research Report - Forecast to 2022
Segmentation
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Aircraft Tire Market Information Report by Product Type (Bias Ply, Radial Ply), By Aircraft Type (Commercial Aircraft, Military Aircraft, Business & General Aviation Aircraft), By End-User (Aftermarket, OEM) and by Region - Global Forecast to 2023