Aerospace and Defense Wheel Market to Grow at 5.0% CAGR during 2016 to 2021

Stratview Research announces the launch of a new research report on Aerospace and Defense Wheel Market. This extensive report from Stratview Research, studies the Aerospace and Defense Wheel Market over the trend period of 2011 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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This Aerospace and Defense Wheel Market analysis has been segmented in three ways, keeping in mind the interest of all the stakeholders across the value chain.
● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others) – Commercial aircraft will remain growth engine of the market.
● by End-use Type (OEM and Aftermarket)
● and by Region (North America, Europe, Asia-Pacific, and RoW) – North America to remain the largest market.

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The Aerospace and Defense Wheel Market Insights

The aerospace and defense wheel market offers a good growth opportunity and is likely to grow at 5.0% CAGR during the forecast period of 2016 to 2021. Increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, increase in share of wide body aircraft, etc. are some of the key growth drivers of the aerospace and defense wheel market.
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Commercial aircraft is expected to remain growth engine of the aerospace and defense wheel market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years.

North America is expected to remain the largest market for wheels due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.

The supply chain of this market comprises raw material suppliers, wheel
manufacturers, distributors, Aircraft OEMs, and Airlines. The key aerospace OEMs are Boeing, Airbus, Bombardier, Embraer, ATR, and Mitsubishi Heavy Industries and key airlines are Lufthansa, Delta Air, Air China, and Singapore Airlines.

The aerospace and defense wheel market is a highly consolidated market. The key wheel manufacturers are Meggitt Aircraft Braking Systems, Honeywell Aerospace, Parker, Safran Landing Systems (Messier-Buggatti-Dowty), and UTC Aerospace Systems. New product development, regional expansion, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends of the wheel market
• Strategic growth opportunities for the existing and new players
• Key success factors

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This release was published on openPR.