Aircraft Tires Market Overview

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Aircraft Tires Market Overview, Cost Structure
Analysis, Growth Opportunities and Forecast to
2020 Exclusive Report by MarketsandMarkets The
report "Aircraft Tires Market by Application
(Commercial, Defense), By Aircraft Type (VLA,
NBA, WBA RTA), by Product Type (Radial Bias),
by End User (OEM, Retreaded, Replacement), by
Platform (Fixed Rotary Wing), and by Geography
- Global Forecast to 2020" , analyzes and
studies the major market drivers, restraints,
opportunities, and challenges in North America,
Asia- Pacific, Europe, and the Rest of the
World. Browse 113 market tables and 155 figures
spread through 168 pages and in-depth TOC on
"Aircraft Tires Market" https//www.marketsandmark
ets.com/Market-Reports/aircraft-tires-market-
163712012.html Early buyers will receive 10
customization on this report. The aircraft tires
market is projected to reach USD 1.37 Billion by
2020, at a CAGR of 4.35. A number of factors,
such as increasing demand for aircraft and
frequent tire replacement requirement as well as
growing concern about safety requirements, are
expected to drive the growth of the aircraft
tires market. The commercial segment to dominate
the aircraft tires market, segmented based on
application. This segment dominates the studied
market segmented on the basis of applications and
is expected to continue its dominance over the
next five years, primarily driven by the
increasing demand for aircraft for air travel and
frequent replacement requirement for aircraft
tires. This is also because of the requisites for
a commercial aircraft manufacturer is to improve
the aircrafts operational efficiency by reducing
its overall weight. The radial segment is
expected to grow the highest during the forecast
period. The global aircraft tires market has been
segmented and analyzed in terms of two types of
products which include bias and radial, wherein
the bias segment dominates the overall market,
and is expected to exhibit a similar trend during
the next five years. It is expected to dominate
the market owing to the increasing demand for air
travel and frequent replacement requirement for
aircraft tires.
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The aircraft tire market is expected to witness
the highest growth in the Asia- Pacific
region. The Asia-Pacific region has been
witnessing strong growth for aviation industry
over the past few years, mainly driven by
increasing demand from commercial airlines
segment in this region, which in turn is
expected to bolster the aircraft tires market.
This growth can be attributed to the increase in
government spending for infrastructure
development, liberalization of regulations
related to air transport, and growing GDP of the
region. Key Market Players The major players in
this market are Compagnie Générale des
Etablissements Michelin (France), Goodyear
(U.S.), Michelin (France), Bridgestone (Japan),
and Dunlop Aircraft Tires (U.K.). Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id163712012 The report classifies
the aircraft tires market based on product type,
end user, platform aircraft type and
application. The market has been segmented based
on end user into OEM tires, replacement tires,
and retread tires. It has been segmented further
based on application into commercial aviation
and military aviation. Based on the aircraft
type, the market is segmented into narrow body
aircraft, wide body aircraft, very large aircraft
and regional transport aircraft. Dont miss out
on business opportunities in Aircraft Tires
Market. Speak to our analyst and gain crucial
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