Global Aircraft Tire Industry Analysis, Growth, Trends, and Forecast to 2020 - PowerPoint PPT Presentation

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Global Aircraft Tire Industry Analysis, Growth, Trends, and Forecast to 2020

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The aircraft tires market is projected to reach USD 1.37 Billion by 2020, at a CAGR of 4.35%. A number of factors, such as increasing demand for aircraft and frequent tire replacement requirement as well as growing concern about safety requirements, are expected to drive the growth of the aircraft tires market. – PowerPoint PPT presentation

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Title: Global Aircraft Tire Industry Analysis, Growth, Trends, and Forecast to 2020


1
Global Aircraft Tire Industry Analysis, Growth,
Trends, and Forecast to 2020
The report "Aircraft Tires Market by Application
(Commercial, Defense), By Aircraft Type (VLA,
NBA, WBA RTA), by Product Type (Radial
Bias), by End User (OEM, Retreaded,
Replacement), by Platform (Fixed Rotary Wing),
and by Geography - Global Forecast to 2020" ,
analyzes and studies the major market drivers,
restraints, opportunities, and challenges in
North America, Asia-Pacific, Europe, and the
Rest of the World. Download PDF
Brochure https//www.marketsandmarkets.com/pdfd
ownload.asp?id163712012 Browse 113 market
tables and 155 figures spread through 168 pages
and in-depth TOC on "Aircraft Tires
Market" https//www.marketsandmarkets.com/Market-
Reports/aircraft-tires-market-163712012.html
Early buyers will receive 10 customization on
this report. The aircraft tires market is
projected to reach USD 1.37 Billion by 2020, at a
CAGR of 4.35. A number of factors, such as
increasing demand for aircraft and frequent tire
replacement requirement as well as growing
concern about safety requirements, are expected
to drive the growth of the aircraft tires
market. The commercial segment to dominate the
aircraft tires market, segmented based on
application. This segment dominates the studied
market segmented on the basis of applications and
is expected to continue its dominance over the
next five years, primarily driven by the
increasing demand for aircraft for air travel
and frequent replacement requirement for aircraft
tires. This is also because one of the
requisites for a commercial aircraft manufacturer
is to improve the aircrafts operational
efficiency by reducing its overall weight.
2
The radial segment is expected to grow the
highest during the forecast period. The global
aircraft tires market has been segmented and
analyzed in terms of two types of products which
include bias and radial, wherein the bias segment
dominates the overall market, and is expected to
exhibit a similar trend during the next five
years. It is expected to dominate the market
owing to the increasing demand for air travel
and frequent replacement requirement for aircraft
tires. The aircraft tire market is expected to
witness the highest growth in the Asia-Pacific
region. The Asia-Pacific region has been
witnessing strong growth for aviation industry
over the past few years, mainly driven by
increasing demand from commercial airlines
segment in this region, which in turn is
expected to bolster the aircraft tires market.
This growth can be attributed to the increase in
government spending for infrastructure
development, liberalization of regulations
related to air transport, and growing GDP of the
region. Compagnie Générale des Etablissements
Michelin (France.) One of the key players in the
aircraft tires market The major players in this
market are Goodyear (U.S.), Michelin (France),
Bridgestone (Japan), and Dunlop Aircraft Tires
(U.K.). The report classifies the aircraft tires
market based on product type, end user, platform
aircraft type and application. The market has
been segmented based on end user into OEM tires,
replacement tires, and retread tires. It has
been segmented further based on application into
commercial aviation and military aviation. Based
on the aircraft type, the market is segmented
into narrow body aircraft, wide body aircraft,
very large aircraft, and regional transport
aircraft. Inquiry before buying https//www.mar
ketsandmarkets.com/Enquiry_Before_Buying.asp?id16
3712012 About MarketsandMarkets MarketsandMarket
s is the worlds No. 2 firm in terms of annually
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connects over 200,000 markets and entire value
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3
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