Product Code: PM3198
The global aircraft tires market size is expected to reach USD 4.81 billion by 2032, according to a new study by Polaris Market Research. The report "Aircraft Tires Market Share, Size, Trends, Industry Analysis Report, By Type (Radial-Ply Tires and Bias-Ply Tires); By Aircraft Type; By Platform; By End-User; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The exponential growth in the global commercial aviation and defense industries and continuous rise in the air-borne traffic across the globe coupled with the growing need for efficient flight safety mechanisms are primary factors influencing the global market growth. In addition, various aeronautical manufacturers are highly emphasizing on the development of light-weight aircrafts tires, integrated with enhanced baking systems & use of high performance materials are another growth-inducing factor for the market.
According to a data published by Civil Aviation, India's total air traffic has grown by over 47% in 2022 to around 123.2 million passengers, that indicates a strong recovery from the impact seen in 2021 and 2020 because of the covid pandemic. However, the annual air traffic was still a bit lower than the levels of 2019 but is likely to gain its momentum soon in next coming years.
Presently, the world is witnessing a significant rise in geopolitical tensions among various countries such as India-China and Russia-Ukraine, thereby to be ready for war-like situations, countries are highly increasing their defense spending to install modern defense equipment for higher safety and enhance their military aircraft facilities. The global expenditure on aviation and military sector has gained exponential growth in the recent years, that has paved the way for higher adoption for innovated tires globally
Aircraft Tires Market Report Highlights
- Radial-ply tires segment accounted for largest market share in 2022, on account its wide range of beneficial features including high durability and light-weight
- Commercial segment is expected to grow at fastest growth rate over the projected period, which is mainly accelerated by increase in the air traffic and implementation on various business development strategies.
- Fixed-wing segment is anticipated to account for considerable market share during the study period, owing to increased awareness towards the ability of these aircrafts to efficiently operate flight operations
- OEMs segment is expected to witness significant growth over the coming years, that is mainly driven by rapidly growing popularity and traction of several innovated component designs
- North America dominated the global market in 2022, which is mainly attributable to increased spending on aviation sector and widespread presence of large airlines in countries like US and Canada
- The global key market players include: Bridgestone Corporation, Qingdao Sentury Tires Co., Wilkerson Aircraft Tires, Petlas Tire Corporation, and Specialty Tires of America
Polaris Market Research has segmented the aircraft tires market report based on type, aircraft type, platform, end-user, and region:
Aircraft Tires, Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Radial-Ply Tires
- Bias-Ply Tires
Aircraft Tires, Aircraft Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Commercial Aviation
- Military Aviation
- Business and General Aviation
Aircraft Tires, Platform Outlook (Revenue - USD Billion, 2019 - 2032)
- Fixed-Wing Aircraft
- Rotary-Wing Aircraft
Aircraft Tires, End-User Outlook (Revenue - USD Billion, 2019 - 2032)
- OEMs
- Replacement
- Retreading
Aircraft Tires, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Aircraft Tires Market Insights
- 4.1. Aircraft Tires - Industry Snapshot
- 4.2. Aircraft Tires Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Increasing use of urban air mobility and highly automated aircraft
- 4.2.1.2. Growing technologically advanced infrastructure
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of tires
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Aircraft Tires Industry Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Aircraft Tires Market, by Aircraft Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 5.3. Commercial Aviation
- 5.3.1. Global Aircraft Tires Market, by Commercial Aviation, by Region, 2019-2032 (USD Billion)
- 5.4. Military Aviation
- 5.4.1. Global Aircraft Tires Market, by Military Aviation, by Region, 2019-2032 (USD Billion)
- 5.5. Business and General Aviation
- 5.5.1. Global Aircraft Tires Market, by Business and General Aviation, by Region, 2019-2032 (USD Billion)
6. Global Aircraft Tires Market, by Platform
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 6.3. Fixed-Wing Aircraft
- 6.3.1. Global Aircraft Tires Market, by Fixed-Wing Aircraft, by Region, 2019-2032 (USD Billion)
- 6.4. Rotary-Wing Aircraft
- 6.4.1. Global Aircraft Tires Market, by Rotary-Wing Aircraft, by Region, 2019-2032 (USD Billion)
7. Global Aircraft Tires Market, by End-User
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 7.3. OEMs
- 7.3.1. Global Aircraft Tires Market, by OEMs, by Region, 2019-2032 (USD Billion)
- 7.4. Replacement
- 7.4.1. Global Aircraft Tires Market, by Replacement, by Region, 2019-2032 (USD Billion)
- 7.5. Retreading
- 7.5.1. Global Aircraft Tires Market, by Retreading, by Region, 2019-2032 (USD Billion)
8. Global Aircraft Tires Market, by Type
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. Global Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 8.3. Radial-Ply Tires
- 8.3.1. Global Aircraft Tires Market, by Radial-Ply Tires, by Region, 2019-2032 (USD Billion)
- 8.4. Bias-Ply Tires
- 8.4.1. Global Aircraft Tires Market, by Bias-Ply Tires, by Region, 2019-2032 (USD Billion)
9. Global Aircraft Tires Market, by Geography
- 9.1. Key findings
- 9.2. Introduction
- 9.2.1. Aircraft Tires Market Assessment, By Geography, 2019-2032 (USD Billion)
- 9.3. Aircraft Tires Market - North America
- 9.3.1. North America: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.3.2. North America: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.3.3. North America: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.3.4. North America: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.3.5. Aircraft Tires Market - U.S.
- 9.3.5.1. U.S.: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.3.5.2. U.S.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.3.5.3. U.S.: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.3.5.4. U.S.: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.3.6. Aircraft Tires Market - Canada
- 9.3.6.1. Canada: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.3.6.2. Canada: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.3.6.3. Canada: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.3.6.4. Canada: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4. Aircraft Tires Market - Europe
- 9.4.1. Europe: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.2. Europe: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.3. Europe: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.4. Europe: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.5. Aircraft Tires Market - UK
- 9.4.5.1. UK: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.5.2. UK: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.5.3. UK: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.5.4. UK: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.6. Aircraft Tires Market - France
- 9.4.6.1. France: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.6.2. France: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.6.3. France: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.6.4. France: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.7. Aircraft Tires Market - Germany
- 9.4.7.1. Germany: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.7.2. Germany: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.7.3. Germany: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.7.4. Germany: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.8. Aircraft Tires Market - Italy
- 9.4.8.1. Italy: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.8.2. Italy: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.8.3. Italy: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.8.4. Italy: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.9. Aircraft Tires Market - Spain
- 9.4.9.1. Spain: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.9.2. Spain: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.9.3. Spain: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.9.4. Spain: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.10. Aircraft Tires Market - Netherlands
- 9.4.10.1. Netherlands: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.10.2. Netherlands: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.10.3. Netherlands: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.10.4. Netherlands: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.4.11. Aircraft Tires Market - Russia
- 9.4.11.1. Russia: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.4.11.2. Russia.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.4.11.3. Russia: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.4.11.4. Russia: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5. Aircraft Tires Market - Asia Pacific
- 9.5.1. Asia Pacific: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.2. Asia Pacific: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.3. Asia Pacific: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.4. Asia Pacific: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.5. Aircraft Tires Market - China
- 9.5.5.1. China: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.5.2. China.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.5.3. China: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.5.4. China: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.6. Aircraft Tires Market - India
- 9.5.6.1. India: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.6.2. India.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.6.3. India: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.6.4. India: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.7. Aircraft Tires Market - Japan
- 9.5.7.1. Japan: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.7.2. Japan.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.7.3. Japan: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.7.4. Japan: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.8. Aircraft Tires Market - Malaysia
- 9.5.8.1. Malaysia: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.8.2. Malaysia.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.8.3. Malaysia: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.8.4. Malaysia: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.9. Aircraft Tires Market - Indonesia
- 9.5.9.1. Indonesia: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.9.2. Indonesia.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.9.3. Indonesia: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.9.4. Indonesia: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.5.10. Aircraft Tires Market - South Korea
- 9.5.10.1. South Korea: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.5.10.2. South Korea.: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.5.10.3. South Korea: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.5.10.4. South Korea: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.6. Aircraft Tires Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.6.2. Middle East & Africa: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.6.3. Middle East & Africa: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.6.4. Middle East & Africa: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.6.5. Aircraft Tires Market - Saudi Arabia
- 9.6.5.1. Saudi Arabia: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.6.5.2. Saudi Arabia: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.6.5.3. Saudi Arabia: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.6.5.4. Saudi Arabia: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.6.6. Aircraft Tires Market - South Africa
- 9.6.6.1. South Africa: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.6.6.2. South Africa: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.6.6.3. South Africa: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.6.6.4. South Africa: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.6.7. Aircraft Tires Market - Israel
- 9.6.7.1. Israel: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.6.7.2. Israel: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.6.7.3. Israel: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.6.7.4. Israel: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.6.8. Aircraft Tires Market - UAE
- 9.6.8.1. UAE: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.6.8.2. UAE: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.6.8.3. UAE: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.6.8.4. UAE: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.7. Aircraft Tires Market - Latin America
- 9.7.1. Latin America: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.7.2. Latin America: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.7.3. Latin America: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.7.4. Latin America: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.7.5. Aircraft Tires Market - Mexico
- 9.7.5.1. Mexico: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.7.5.2. Mexico: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.7.5.3. Mexico: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.7.5.4. Mexico: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.7.6. Aircraft Tires Market - Brazil
- 9.7.6.1. Brazil: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.7.6.2. Brazil: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.7.6.3. Brazil: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.7.6.4. Brazil: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
- 9.7.7. Aircraft Tires Market - Argentina
- 9.7.7.1. Argentina: Aircraft Tires Market, by Aircraft Type, 2019-2032 (USD Billion)
- 9.7.7.2. Argentina: Aircraft Tires Market, by Type, 2019-2032 (USD Billion)
- 9.7.7.3. Argentina: Aircraft Tires Market, by Platform, 2019-2032 (USD Billion)
- 9.7.7.4. Argentina: Aircraft Tires Market, by End-User, 2019-2032 (USD Billion)
10. Competitive Landscape
- 10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
- 10.2. Partnerships/Collaborations/Agreements/Exhibitions
11. Company Profiles
- 11.1. Bridgestone Corporation
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
- 11.2. Dunlop Aircraft Tyres Ltd
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
- 11.3. Qingdao Sentury Tires Company Limited
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
- 11.4. Wilkerson Aircraft Tires
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
- 11.5. Petlas Tire Corporation
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
- 11.6. Aviation Tires and Treads LLC
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
- 11.7. Specialty Tires of America
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
- 11.8. The Goodyear Tire & Rubber Company
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
- 11.9. Desser Tire & Rubber Co. LLC
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
- 11.10. Michelin
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development