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Aircraft Tire Market Trends

  • Report ID: GMI4618
  • Published Date: Nov 2024
  • Report Format: PDF

Aircraft Tire Market Trends

The aircraft tire industry is evolving rapidly, driven by technological advancements, sustainability goals, and the need for operational efficiency. Manufacturers are developing lightweight tires from advanced materials to boost fuel efficiency and cut airline costs. There's growing demand for durable, high-performance tires that can handle more landings and tough conditions, with a focus on longer lifespans and improved safety. Smart tires with built-in sensors are revolutionizing maintenance by enabling real-time monitoring of pressure, temperature, and wear. This shift towards predictive maintenance is enhancing fleet management. The industry is also embracing eco-friendly solutions, using sustainable materials and prioritizing recyclability. As emerging markets expand and air traffic increases, the need for cost-effective solutions is spurring innovation, making the market more competitive and dynamic.

Authors: Suraj Gujar, Partha Paul

Frequently Asked Questions (FAQ) :

The global market size for aircraft tire was valued at USD 2.1 billion in 2024 and is projected to reach USD 3.4 billion by 2034, driven by a CAGR of 5.2% from 2025 to 2034.

The radial ply segment held a market size of USD 1.5 billion in 2024 and is expected to grow significantly due to its durability and fuel efficiency.

The North America market is expected to exceed USD 1.5 billion by 2034, driven by increased air traffic and demand for high-performance tires.

Major players in the industry include Aviation Tires & Treads, Bridgestone, Desser, Dunlop Aircraft Tyres, Goodyear, Michelin, Petlas, PGZ Stomil Poznan, Qingdao Sentury Tire, and Specialty Tires of America.

Aircraft Tire Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 10
  • Tables & Figures: 334
  • Countries covered: 18
  • Pages: 210
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