Jersey City, New Jersey, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Aircraft Tire Market” By Product Type (Radial and Bias), By Platform (Fixed Wing and Rotary Wing), By Distribution Channel (Original Equipment Manufacturers (OEMs), and Maintenance, Repair, and Overhaul (MRO)), By Application (Military Aircrafts, Helicopters, Spacecraft, Commercial Aircrafts, and Others), and By Geography.
As per the deep research carried out by Verified Market Research®, the global Aircraft Tire Market size was valued at USD 1.3 Billion in 2020 and is projected to reach USD 1.7 Billion by 2028, growing at a CAGR of 3.5% from 2021 to 2028.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=29712
Browse in-depth TOC on “Aircraft Tire Market”
202 - Pages
126 – Tables
37 – Figures
Global Aircraft Tire Market Overview
Aircraft tires are made to bear exceptionally strong loads for a brief period of time. The design of aircraft tires is intricate since they are made to give the aircraft stability, avoid explosions to reduce damage to the aircraft, and give the aircraft effective braking capabilities. As more tires are needed to spread the weight of the aircraft more equally, the weight of the aircraft causes a rise in the number of tires needed.
An airplane carrying goods is also referred to as a freighter. It is a fixed-wing aircraft that is built or modified to carry goods instead of people. Such aircraft typically have one or more huge cargo loading doors but no passenger amenities. Superior quality aircraft tires are necessary in such aircraft, which can be operated by civil passengers or freight airlines, by private people, or by the armed forces of various nations. Additionally, compared to all other types of transportation, cargo aircraft can carry greater weight and provide service at the fastest speeds. Additionally, it provides pleasant and effective services for moving commodities.
The necessity for upcoming generations of aircraft has increased in both the commercial and military sectors, which is one of the key factors driving the growth of the aircraft tire market. The corporate sector is seeing a surge in air travel, therefore businesses expect to add more destinations and routes, which will raise demand for new aircraft and, by extension, aircraft tires. It is also projected that the market would develop during the forecast period owing to the increase in expenditures made by the air defense industry as a result of increased geopolitical tension.
The creation of technologically sophisticated infrastructure and continuous research initiatives in collaboration with renowned worldwide institutions and vendors for the development of efficient aircraft tires will present the global aircraft tire market with abundant growth potential.
Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Aircraft Tire Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Key Players
The “Global Aircraft Tire Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Bridgestone Corporation, Wilkerson Company, Inc., Desser Tire & Rubber Co., LLC, Specialty Tires of America, Petlas Tire Corporation, Aviation Tires & Treads, LLC, Goodyear Tire & Rubber Co., Dunlop Aircraft Tyres Ltd., Qingdao Sentury Tire Co., Ltd., Compagnie Générale Des Établissements Michelin Sca.
Based on the research, Verified Market Research® has segmented the global Aircraft Tire Market into Product Type, Platform, Distribution Channel, Application, and Geography.
- Aircraft Tire Market, by Product Type
- Radial
- Bias
- Aircraft Tire Market, by Platform
- Fixed Wing
- Rotary Wing
- Aircraft Tire Market, by Distribution Channel
- Original Equipment Manufacturers (OEMs)
- Maintenance, Repair, and Overhaul (MRO)
- Aircraft Tire Market, by Application
- Military Aircrafts
- Helicopters
- Spacecraft
- Commercial Aircrafts
- Others
- Aircraft Tire Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
- North America
Browse Related Reports:
Port and Industrial Tire Market By Type (Radial Tire, Super Elastic Tires), By Application (Port, Terminal, and Airport), By Sales Channel (Aftermarket and OEM), By Geography, And Forecast
Radial Heavy-Duty Tires Market By Application (Heavy Duty Truck Tires, OTR Tires), By Geography, And Forecast
Tires Market By Product (Diagonal Tires, Radial Tires), By Application (Passenger Car/ Light Truck, Commercial Tires (Trucks), By Geography, And Forecast
Ultra High Performance Tire Market By Type (OEM, Replacement), By Application (Passenger Car, Two-Wheeler, Sports Car), By Geography, And Forecast
5 Leading Advanced Tire Manufacturers: Providing airless tubes for long journeys
Visualize Aircraft Tire Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SME’s offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.
