Global Aircraft Tire Market is accounted for $1.40 billion in 2020 and is expected to reach $2.29 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Rising demand for aircraft, increasing production rates of the key commercial aircraft programs in order to support rising passenger air traffic, frequent replacement requirements are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the growing tourism in countries, the rise in disposable income coupled with increasing business activity leading to rising number of domestic and international air passengers and increasing military spending, fueled by growing political tension in the region.
Some of the key players profiled in the Aircraft Tire Market include Wilkerson Aircraft Tires, The Goodyear Tire & Rubber Company, Specialty Tires Of America, Inc., Dunlop Aircraft Tyres Limited, Qingdao Sentury Tire Co., Ltd., Petlas, Martins Industries, Desser Tire & Rubber Co., LLC, China National Tire & Rubber Co., Ltd., Bridgestone Corporation, Sentury Tire and Michelin Group.
Platforms Covered in Aircraft Tire Market
• Rotary-Wing
• Fixed-Wing
Aircraft Types Covered:
• Commercial Aircraft
• Spacecraft
• Propeller Aircraft
• Military Aircraft
• Helicopter
• Freighters
• Defense and Homeland Security Aircraft
• Business & General Aviation Aircraft
Structure Types Covered:
• Radial Ply
• Bias Ply
Positions Covered:
• Nose/Tail
• Main
Components Covered:
• Tread
• Sidewall
• Liner
• Bead
Products Covered:
• Tubeless
• Tube
End Users Covered:
• Tire Manufacturer/Original Equipment Manufacturers
• Repair & Overhaul
• Aftermarket
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