Press release
Aircraft Tire Market Regional Outlook, Competitive Strategies, Factors Contributing To Growth 2020-2030
Aircraft Tire Market Overview
Aircraft tire market is predicted to reach a CAGR of 3.9% in the forecast period and a market price of USD 2867.9 million by 2020-2030.
An essential component of any aircraft is its tires. There are several sizes of aircraft tires, and tires have a wide variety of applications. A high-quality tire can avoid an explosion in aircraft. The majority of aircraft tires are handmade, having special requirements. The federal aviation administration sets the requirements for aircraft tires.
Sample Report @https://www.marketresearchfuture.com/sample_request/2192
The aircraft tires market has enough funding and support from the government. Many people opt for aircraft for travelling and business. Furthermore, the defence industry's need for military aircraft is very high. One of the main market drivers is the need for aircraft from various market categories such as wide-body aircraft, very large aircraft, regional transport aircraft and narrow-body aircraft. The aircraft tires support the aircraft's full weight in take-off and landing. They have a shorter lifespan but plenty of replacements. Therefore, there is always a significant demand for new tires in this industry which drives the growth of the aircraft tires market.
The COVID-19 outbreak has disrupted the global aircraft tire market. During the pandemic, the manufacturing facilities stopped production. But it is predicted that the production will start this year. The huge revenue loss is a disadvantage to this sector this year. Additionally, the worldwide lockdown resulted in high raw material costs and lower demand levels. However, the major investors are improving the market. According to the analysis, the defence industry would be a significant factor in the rise in market growth.
Market Segments
The Aircraft tire market segments include market product type, platform, aircraft type, end-user and application.
Based on product type, the Aircraft tire market has been divided into radial ply and bias ply.
Based on the platform, the Aircraft tire market is divided into rotary and fixed wing.
Based on aircraft type, the Aircraft tire market is divided into business & general aviation aircraft and military aircraft.
Based on end-user, the Aircraft tire market has been divided into retreat tires, replacement tires and OEM tires.
Based on application, the Aircraft tire market has been divided into wide-body aircraft, very large aircraft, regional transport aircraft and narrow-body aircraft.
Regional Analysis
According to the geographical distribution and global growth analysis, the Aircraft tire market shows growth in regions such as Asia-pacific, Europe, North America and the Middle East & Africa.
Among the above geographical regions, the market is noticing significant growth in the North American region. The second-largest market for aircraft tires in Europe. The development of military and aircraft projects drives the market share in this region. The aircraft tire market in the Asia-pacific region is well-known for its strength and has the largest market opportunity during the forecast period.
Industry news
In May 2022 - ChemChina, a chemicals company in Shanghai, China, partnered with Hauhau chemical science and technology and announced a project to produce aircraft tires. The companies will establish to produce high-performance aircraft tires in Guilin city.
Access Full Report @https://www.marketresearchfuture.com/reports/aircraft-tire-market-2192
Contact:
Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aircraft Tire Market Regional Outlook, Competitive Strategies, Factors Contributing To Growth 2020-2030 here
News-ID: 2768466 • Views: …
More Releases from Market Research Future (MRFR)
Payment Service Provider Market Projected to Hit USD 140.91 Billion at a 5.48% C …
Market Overview:
The Payment Service Provider (PSP) market has witnessed substantial growth over the past decade, driven by the explosive rise in digital commerce, mobile payments, and cross-border transactions. As businesses strive to streamline payment processes and deliver frictionless experiences to customers, the demand for robust, secure, and scalable PSP solutions has surged.
PSPs serve as intermediaries between merchants and financial institutions, enabling the acceptance of electronic payments via multiple methods…
Boundary Scan Hardware Market Poised for Growth, Reaching USD 3.16 Billion by 20 …
Market Overview:
The Boundary Scan Hardware Market has emerged as a crucial segment within the electronics testing and debugging industry, offering advanced solutions for fault detection and circuit verification in integrated circuits (ICs) and printed circuit boards (PCBs). Leveraging the IEEE 1149.1 standard, boundary scan commonly referred to as JTAG (Joint Test Action Group) provides a non-invasive and efficient testing methodology that minimizes the need for physical probes. Boundary Scan Hardware…
Metaverse for Automotive Market is Expected to Touch USD 123.51 Billion By 2034
Market Overview:
The Metaverse for Automotive Market is redefining how automakers, suppliers, and consumers interact in a digitally immersive world. With the integration of AR/VR, IoT, blockchain, and AI technologies, the automotive industry is stepping into the virtual realm to enhance everything from product design and manufacturing to marketing, sales, and customer service.
The global rise in digital transformation, coupled with increasing consumer demand for interactive and customized experiences, is fueling…
AGV Software Market to Grow at 10.82% CAGR, Hitting USD 6.46 Billion by 2034
Market Overview:
The AGV Software Market is rapidly evolving as industries shift towards intelligent automation and digital transformation in their logistics and material handling operations. AGV software acts as the brain of autonomous vehicles, enabling seamless navigation, scheduling, route optimization, fleet coordination, and task management. With the growing demand for efficient, contactless, and error-free logistics, AGV systems have found significant adoption across warehouses, manufacturing plants, ports, and healthcare facilities. AGV Software…
More Releases for Aircraft
Private Plane Market Analysis By Top Keyplayers - American Champion Aircraft, Bu …
The "Private Plane Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Private Plane Market, 2024-2031
Verified Market Research's most recent report, "Private Plane Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth…
Aircraft Lighting Systems Market : Commercial Aircraft, General Aviation and Pri …
According to a new report published by Allied Market Research, titled, "Aircraft Lighting Systems Market," The aircraft lighting systems market was valued at $1.5 billion in 2020, and is estimated to reach $2.3 billion by 2030, growing at a CAGR of 4.9% from 2021 to 2030.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 : https://www.alliedmarketresearch.com/request-sample/2405
The aircraft lighting system industry holds a great potential in the future, owing to the rise in the global aviation…
Aircraft Refurbishing Market : Very light aircraft, Wide body aircraft, Narrow b …
The global aircraft refurbishing market was valued at $456.7 million in 2021, and is projected to reach $932.5 million by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Sample Report with Latest Industry Trends - https://www.alliedmarketresearch.com/request-toc-and-sample/9465
COVID-19 scenario analysis:
Aircraft refurbishing market might be among those exceptions of industries which are surviving despite COVID-19 pandemic, even more demand is expected to soar post pandemic.
Aircraft refurbishing market as a whole was…
Aircraft Refurbishing Market : Very light aircraft, Wide body aircraft, Narrow b …
The global aircraft refurbishing market was valued at $456.7 million in 2021, and is projected to reach $932.5 million by 2031, growing at a CAGR of 7.2% from 2022 to 2031 by Refurbishing Service (Interior, Exterior), by Aircraft Type (Very light aircraft, Wide body aircraft, Narrow body aircraft, Large body aircraft, VIP aircraft), by Type (Passenger to freighter, Commercial Aircraft Cabin, VIP Cabin Refurbishing), by End Use (Government, Commercial): Global…
Global Aircraft Line Maintenance Market By Aircraft Type: Narrow Body Aircraft ( …
According to the latest research by SkyQuest Technology, the Global Aircraft Line Maintenance Market was valued at USD 18.38 billion in 2021, and it is expected to reach USD 28.53 billion by 2028, with a CAGR of 5.80% during the forecast period of 2022 - 2028. The research provides up-to-date Aircraft Line Maintenance market analysis of the current market landscape, latest trends, drivers, and overall market environment.
Get full report…
Aircraft Cables Market End User (Commercial Aircraft, Private Aircraft, Defense …
Aircraft cable is a type of cable, which mainly finds application in the aircraft industry. The high strength and versatile aircraft cable can also be used for various pushing and pulling applications that includes sheaves, pulleys, and winches among others. The size of the aircraft cable is between 0.047 inches to 0.375 inches, and constructed in various strand namely 1X7 strand, 1X19 strand, 7X7 strand, and 7X19 strand.
Get Sample…
