Press release
Aircraft Tires Industry Expected to Grow at a CAGR of 6.7%.
Aircraft Tires Market
The global aircraft tires market was valued at $1.52 billion in 2020, and is projected to reach $2.85 billion by 2030, registering a CAGR of 6.7%.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ -https://www.alliedmarketresearch.com/request-sample/6058
Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. U.S. dominated the global aircraft tires market Size share in North America in 2020, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making durable and long-lasting aircraft tires. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in air passenger traffic across different nations in the region along with huge defense spending by prominent countries such as China, India, and Japan.
By type, the aircraft tires market is segregated into radial and bias. The bias segment accounted for the highest revenue in 2020, as it offers high-speed stability, reduces tread distortion under load, protects the tire casing plies from damage.
On the basis of application, the market is divided into commercial aviation and military aviation. The commercial aviation segment garnered highest revenue in 2020, owing to considerable rise in global commercial aviation air traffic over the years.
๐๐๐๐๐๐๐๐ ๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐ - https://www.alliedmarketresearch.com/aircraft-tires-market/purchase-options
๐๐ข๐ฌ๐ญ ๐๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:-
๐๐ฏ๐ข๐๐ญ๐ข๐จ๐ง ๐๐ข๐ซ๐๐ฌ & ๐๐ซ๐๐๐๐ฌ, ๐๐๐,
๐๐ซ๐ข๐๐ ๐๐ฌ๐ญ๐จ๐ง๐ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง,
๐๐๐ฌ๐ฌ๐๐ซ ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐๐๐,
๐๐ฎ๐ง๐ฅ๐จ๐ฉ ๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ข๐ซ๐๐ฌ ๐๐ข๐ฆ๐ข๐ญ๐๐,
๐ญ๐ก๐ ๐๐จ๐จ๐๐ฒ๐๐๐ซ ๐๐ข๐ซ๐ ๐๐ง๐ ๐๐ฎ๐๐๐๐ซ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ,
๐๐จ๐ฆ๐ฉ๐๐ ๐ง๐ข๐ ๐๐๐ง๐๐ซ๐๐ฅ๐ ๐๐๐ฌ ๐๐ญ๐๐๐ฅ๐ข๐ฌ๐ฌ๐๐ฆ๐๐ง๐ญ๐ฌ ๐๐ข๐๐ก๐๐ฅ๐ข๐ง,
๐๐๐ญ๐ฅ๐๐ฌ,
๐๐๐ง๐ญ๐ฎ๐ซ๐ฒ ๐๐ข๐ซ๐ ๐๐จ. ๐๐ญ๐.,
๐๐ฉ๐๐๐ข๐๐ฅ๐ญ๐ฒ ๐๐ข๐ซ๐๐ฌ ๐จ๐ ๐๐ฆ๐๐ซ๐ข๐๐,
๐๐ข๐ฅ๐ค๐๐ซ๐ฌ๐จ๐ง ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ, ๐๐ง๐
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ
โก๏ธBy type, the bias segment is expected to register a significant growth during the forecast period.
โก๏ธOn the basis of application, the commercial aviation segment is anticipated to exhibit significant growth in future.
โก๏ธDepending on distribution, the OEM segment is projected to lead the global aircraft tires market.
โก๏ธRegion-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/6058
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