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Aircraft Tire Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global aircraft tire market reached a value of US$ 2.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2027, exhibiting a CAGR of 5.57% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

An aircraft tire refers to a specialized wheel that is designed to provide stability to the aircraft and withstand heavy loads at high speeds. The tires are manufactured using nylon, steel and natural and artificial rubber and some of the common types of aircraft tires include radial and bias-ply tires. The radial tires consist of perpendicular fiber stands that are fixed at the tire sidewall in the direction of rotation to minimize bidirectional and sidewall flexibility. On the other hand, a bias-ply tire consists of fabric bias that can stretch on the bias and is placed across the direction of rotation and sidewall.

 

 
 

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The significant growth in the commercial aviation and defense industries is one of the key factors driving the growth of the market. With the increasing air traffic across the globe, there is a growing need for highly efficient flight safety mechanisms, including tires, to ensure maximum passenger safety. Aeronautical manufactures are emphasizing on producing light-weight aircraft tires that are integrated with improved braking systems, which is providing a boost to the market growth. Additionally, advancements in tire manufacturing technologies, such as the utilization of next-generation materials, synthetic elastomer rubber and cross-linkable rubber, are acting as another growth-inducing factor. These materials are highly durable and aid in enhancing the overall fuel-efficiency of the aircraft by minimizing the weight of the tire. Other factors, including the growing demand for aircraft for various combat and non-combat operations in the defense sector, along with the increasing government investments in the aviation infrastructure, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global aircraft tire market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, platform, sector and application.

Breakup by Product Type:

 

 
 

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  • Radial
  • Bias
     

Breakup by Platform:

  • Fixed Wing
  • Rotary Wing
     

Breakup by Sector:

  • OEM
  • Replacement
     

Breakup by Application:

  • Commercial Aircraft
    • Narrow Body Aircraft
    • Wide Body Aircraft
    • Very Large Aircraft
    • Regional Transport Aircraft
  • Non-Commercial Aircraft
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aviation Tires, Bridgestone Corporation, Desser Tire & Rubber Co., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Michelin, Petlas Tire Corporation, Qingdao Sentury Tire Co. Ltd., Specialty Tires of America, Wilkerson Company Inc. (Wco) Ltd., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Platform, Sector, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Aviation Tires, Bridgestone Corporation, Desser Tire & Rubber Co., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Michelin, Petlas Tire Corporation, Qingdao Sentury Tire Co. Ltd., Specialty Tires of America, and Wilkerson Company Inc. (Wco) Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Global Aircraft Tire Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Product Type
    6.1    Radial
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Bias
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Platform
    7.1    Fixed Wing
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Rotary Wing
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Sector
    8.1    OEM
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Replacement
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Application
    9.1    Commercial Aircraft
        9.1.1 Market Trends
        9.1.2 Major Types
             9.1.2.1 Narrow Body Aircraft
             9.1.2.2 Wide Body Aircraft
             9.1.2.3 Very Large Aircraft
             9.1.2.4 Regional Transport Aircraft
        9.1.3 Market Forecast
    9.2    Non-Commercial Aircraft
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
    12.1    Overview
    12.2    Inbound Logistics
    12.3    Operations
    12.4    Outbound Logistics
    12.5    Marketing and Sales
    12.6    Post Sales Services
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Indicators
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Aviation Tires
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio 
        15.3.2    Bridgestone Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio 
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    Desser Tire & Rubber Co., LLC
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio 
        15.3.4    Dunlop Aircraft Tyres Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio 
        15.3.5    Goodyear Tire & Rubber Co.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio 
        15.3.6    Michelin
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio 
           15.3.6.3 Financials
        15.3.7    Petlas Tire Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio 
        15.3.8    Qingdao Sentury Tire Co. Ltd.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio 
        15.3.9    Specialty Tires of America
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio 
        15.3.10    Wilkerson Company Inc. (Wco)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio 

List of Figures

Figure 1: Global: Aircraft Tire Market: Major Drivers and Challenges
Figure 2: Global: Aircraft Tire Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Aircraft Tire Market: Breakup by Product Type (in %), 2021
Figure 4: Global: Aircraft Tire Market: Breakup by Platform (in %), 2021
Figure 5: Global: Aircraft Tire Market: Breakup by Sector (in %), 2021
Figure 6: Global: Aircraft Tire Market: Breakup by Application (in %), 2021
Figure 7: Global: Aircraft Tire Market: Breakup by Region (in %), 2021
Figure 8: Global: Aircraft Tire Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 9: Global: Aircraft Tire (Radial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Aircraft Tire (Radial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Aircraft Tire (Bias) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Aircraft Tire (Bias) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Aircraft Tire (Fixed Wing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Aircraft Tire (Fixed Wing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Aircraft Tire (Rotary Wing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Aircraft Tire (Rotary Wing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Aircraft Tire (OEM) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Aircraft Tire (OEM) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Aircraft Tire (Replacement) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Aircraft Tire (Replacement) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Aircraft Tire (Commercial Aircraft) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Aircraft Tire (Commercial Aircraft) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Aircraft Tire (Non-Commercial Aircraft) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Aircraft Tire (Non-Commercial Aircraft) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: North America: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: North America: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: United States: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: United States: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Canada: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Canada: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Asia Pacific: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Asia Pacific: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: China: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: China: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Japan: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Japan: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: India: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: India: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: South Korea: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: South Korea: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Australia: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Australia: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Indonesia: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Indonesia: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Others: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Others: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Europe: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Europe: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Germany: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Germany: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: France: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: France: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: United Kingdom: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: United Kingdom: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Italy: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Italy: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Spain: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Spain: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Russia: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Russia: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Latin America: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Latin America: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Brazil: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Brazil: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Mexico: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Mexico: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Middle East and Africa: Aircraft Tire Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Middle East and Africa: Aircraft Tire Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Global: Aircraft Tire Industry: SWOT Analysis
Figure 74: Global: Aircraft Tire Industry: Value Chain Analysis
Figure 75: Global: Aircraft Tire Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Aircraft Tire Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Aircraft Tire Market Forecast: Breakup by Product Type (in Million US$), 2022-2027
Table 3: Global: Aircraft Tire Market Forecast: Breakup by Platform (in Million US$), 2022-2027
Table 4: Global: Aircraft Tire Market Forecast: Breakup by Sector (in Million US$), 2022-2027
Table 5: Global: Aircraft Tire Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 6: Global: Aircraft Tire Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Aircraft Tire Market: Competitive Structure
Table 8: Global: Aircraft Tire Market: Key Players


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Key Questions Answered in This Report

The global aircraft tire market size was valued at US$ 2.5 Billion in 2021.

According to the estimates by IMARC Group, the global aircraft tire market is expected to witness a CAGR of 5.57% from 2022 to 2027.

The increasing air traffic across the globe has raised the need for highly efficient flight safety mechanisms, including tires with improved brake systems to ensure maximum passenger safety. This represents one of the key drivers for the global aircraft tire market.

The rising adoption of numerous advanced tire manufacturing technologies have led to the emergence of synthetic elastomer rubber and cross-linkable rubber for aircraft tires, thereby representing one of the key industry trends in the global aircraft market.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary shutdown of numerous aviation-based production houses and manufacturing units, thereby hampering the overall market for aircraft tires.

On the basis of the product type, the market has been bifurcated into radial and bias, where radial tire hold the majority of the total market share.

On the basis of the sector, the market has been divided into OEM and replacement. Among these, OEM represents the largest segment.

On the basis of the application, the market has been classified into commercial aircraft and non-commercial aircraft. Among these, commercial aircraft holds the largest market share.

Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.

The key companies in the global aircraft tire market are Aviation Tires, Bridgestone Corporation, Desser Tire & Rubber Co., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Michelin, Petlas Tire Corporation, Qingdao Sentury Tire Co. Ltd., Specialty Tires of America, Wilkerson Company Inc. (Wco) Ltd., etc.

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