Factors Contributing to the US Aircraft Tires Market Growth

Published: Jan 2021

The US aircraft tires market is anticipated to grow significant CAGR over the forecast period (2020-2026). The key aspect that drives the growth of the US aircraft tires market is the rising demand for the aircraft to cater to the rising air passengers. Owing to this, there has been an increased demand for commercial aircraft, which in turn contributes to the market growth in the US. Apart from this, there has also been a significant upsurge in the defense industry owing to the rising geopolitical tensions, demanding more aircraft, and in turn, contributing to the market growth.

Browse the full report description of "US Aircraft Tires Market Size, Share & Trends Analysis Report By Construction (Radial and Bias), By Type (New Tires, and Retreaded Tires), By Aircraft Types (Commercial Aircrafts, Military Aircrafts, and Others) and by Distribution Channel (Aftermarket and OEM) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/us-aircraft-tires-market

There has also been a significant rise in the air passengers owing to the high disposable income and growth in business activities. Further, the need for the replacement of the tires owing to the rising number of incidents and safety purposes is also surging in the demand for aircraft tires. Hence, the need for the frequent replacement of the tires in the region substantially contributes to the market growth over the forecast period.

Market Coverage

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Construction, Tire Type, Aircraft Types, and Distribution Channels
  • Country Covered- The US
  • Competitive Landscape- Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Mitas (Trelleborg Group), Petlas Tire Corp., and Specialty Tires of America Inc. 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

US Aircraft Tires Market – Segmentation

By Type 

  • New Tires 
  • Retreaded Tires 

By Construction

  • Radial 
  • Bias

By Aircraft Type

  • Commercial Aircrafts

o Wide-Body Aircraft

o Narrow Body Aircraft

o Regional Transport Aircraft

  • Military Aircrafts
  • Others (Spacecrafts)

By Distribution Channel

  • Aftermarket
  • OEM

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