Aircraft Tires Market Trend

OREGAON, PORTLAND, UNITED STATES , November 1, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global aircraft tires market generated $1.52 billion in 2020, and is projected to reach $2.85 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

🟨𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/6058

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:
Aviation Tires & Treads, LLC,
Bridgestone Corporation,
Desser Holdings LLC,
Dunlop Aircraft Tires Limited,
the Goodyear Tire and Rubber Company,
Compagnie Generale Des Etablissements Michelin,
Petlas,
Sentury Tire Co. Ltd.,
Specialty Tires of America,
Wilkerson Company, Inc

Increase in air passenger traffic across the globe and frequent wear and tear of aircraft tires drive the growth of the global aircraft tires market. However, stringent standard operating procedures and high cost of aviation tires restrain the growth to some extent. On the other hand, procurement of military aircraft amid geopolitical tensions present new opportunities in the upcoming years.

The report offers detailed segmentation of the global aircraft tires market based on type, application, distribution, and region.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐭𝐲𝐩𝐞, the bias segment held the highest market share in 2020, holding nearly two-thirds of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is estimated to register the highest CAGR of 6.9% from 2021 to 2030. The report also include radial segment.

🟨𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/aircraft-tires-market/purchase-options

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐝𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧, the OEM segment held the largest market share in 2020, holding more than three-fifths of the total market share, and is expected to continue its leadership status during the forecast period. Moreover, the same segment is projected to register the highest CAGR of 6.9% from 2021 to 2030. The report also include replacement segment.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, Asia-Pacific contributed to the highest size share in terms of revenue in 2020, holding one-third of the global aircraft tires market, and is estimated to continue its dominant share by 2030. Moreover, Asia-Pacific region is projected to manifest the fastest CAGR of 8.4% during the forecast period. The report also includes North America, LAMEA, and Europe.

🟨𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/6058

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐬𝐜𝐞𝐧𝐚𝐫𝐢𝐨 𝐨𝐧 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐓𝐢𝐫𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

✦The outbreak of the COVID-19 pandemic led to global lockdown, which in turn, resulted in flight cancellations and ban on e-commerce services. This led to massive decline in commercial aviation and logistics activities across the world.
✦Moreover, the pandemic disrupted the supply chain and forced manufacturing facilities to shut down their operation temporarily.
✦The COVID-19 impact on the aircraft tires market is expected to remain in force till the second quarter of 2021.

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐓𝐢𝐫𝐞𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

https://www.alliedmarketresearch.com/automotive-tire-market - Automotive Tire Market : Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/pneumatic-tyre-market - Pneumatic Tire Market : Global Opportunity Analysis and Industry Forecast, 2014 – 2030.

https://www.alliedmarketresearch.com/scooter-tire-market-A09112 - Scooter Tire Market : Global Opportunity Analysis and Industry Forecast, 2023-2032

https://www.alliedmarketresearch.com/automotive-airless-tire-market - Airless Tire Market : Global Opportunity Analysis and Industry Forecast, 2021-2030

https://www.alliedmarketresearch.com/atv-utv-tire-market-A05985 - ATV-UTV Tire Market : Global Opportunity Analysis and Industry Forecast, 2019–2030.

David Correa
Allied Market Research
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