Global Aircraft Tires Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Radial-ply Tires and Bias-ply Tires.

By Position;

Main-Landing Tire and Nose-Landing Tire.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa , and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn147964915 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Aircraft Tires Market (USD Million), 2020 - 2030

In the year 2023, the Global Aircraft Tires Market was valued at USD 1,786.96 million. The size of this market is expected to increase to USD 2,850.74 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.9%.

The Aircraft Tire Market witnessed substantial growth in recent years, driven by factors such as the expansion of both commercial and military aviation fleets worldwide and significant technological advancements. The market is projected to continue its upward trajectory, with forecasts indicating a steady increase in market size over the forecast period. Key drivers fueling this growth include the continued expansion of aviation fleets across various sectors and the continuous evolution of technology within the aircraft tire industry.

One of the primary drivers stimulating market growth is the rising demand for aircraft tires in response to the increasing number of commercial and military aircraft in operation globally. As air travel continues to become more accessible and affordable, airlines are expanding their fleets to meet growing passenger demand. Military forces around the world are modernizing their aviation capabilities, driving the need for reliable and high-performance aircraft tires to support various missions and operations.

Advancements in technology play a pivotal role in shaping the growth trajectory of the aircraft tire market. Manufacturers are continually investing in research and development to enhance the performance, durability, and safety features of aircraft tires. This includes the development of innovative tire materials, tread designs, and manufacturing processes to optimize tire performance under diverse operating conditions. The integration of smart technologies, such as tire pressure monitoring systems (TPMS), contributes to improved maintenance practices and operational efficiency, further driving market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Position
    3. Market Snapshot, By Region
  4. Global Aircraft Tires Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Air Travel Demand

        2. Military Modernization Programs

        3. Expansion of Commercial Aviation

        4. Focus on Fuel Efficiency and Sustainability

      2. Restraints
        1. High Manufacturing Costs

        2. Stringent Regulatory Standards

        3. Long Replacement Cycles

      3. Opportunities
        1. Adoption of Retreading Services

        2. Focus on Electric Aircraft

        3. Development of Advanced Materials

        4. Strategic Partnerships and Collaborations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Aircraft Tires Market, By Type, 2020 - 2030 (USD Million)
      1. Radial-ply Tires
      2. Bias-ply Tires
    2. Global Aircraft Tires Market, By Position, 2020 - 2030 (USD Million)
      1. Main-Landing Tire
      2. Nose-Landing Tire
    3. Global Aircraft Tires Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bridgestone Corp
      2. Goodyear Tire and Rubber Company
      3. Specialty Tires of America Inc.
      4. Dunlop Aircraft Tyres Limited
      5. Michelin
      6. Aviation Tires and Treads of America
      7. Qingdao Century Tires Company Limited
      8. Wilkerson Aircraft Tires
      9. Petlas Tire Corporation
  7. Analyst Views
  8. Future Outlook of the Market