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Commercial Aviation Aircraft Tires Market - Forecasts from 2025 to 2030

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    Report

  • 140 Pages
  • December 2024
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5649125
The global commercial aviation aircraft tires market was evaluated at US$1.578 billion for 2025, growing at a CAGR of 4.34%, reaching a market size of US$1.952 billion by 2030.

An aircraft tire is a special kind of tire specially designed for different types of aircraft ranging from military jets, private jets, cargo planes, and commercial jets, among others. These tires are made of rubber and are designed to offer high stability in crosswind conditions, channel away from the water primarily to prevent hydroplaning and enhance the braking effect.

The main factors driving the commercial aviation aircraft tires market's expansion are the increasing growth of the global aviation industry and the rising investments by major airline companies in acquiring new-generation aircraft. Air travel globally is growing due to the growing tourism sector, rising disposable income, business travel andmedical tourism growth, and others. The market is also poised to show significant growth due to the stringent regulations regarding the maintenance and operations of aircraft tires by several government organizations worldwide.

Commercial Aviation Aircraft Tires Market Drivers

Growing air passenger traffic

The growing air passenger traffic worldwide is the primary factor supplementing the market growth for commercial aviation tires. This, in turn, has further led to an upsurge in the frequency of flights from one destination to another. The growing participation of airline companies in expanding their flight routes to new countries is also expected to increase air travel. All these factors have led to an increased frequency of tire replacement because the lifespan of these tires is limited to several landings.

Furthermore, there has been a constant increase in the number of passengers who travel by air transport. This can be backed up by the fact that global air travel experienced a sharp recovery in 2023. Total traffic, measured in revenue passenger kilometers (RPKs), increased by 36.9% over 2022. The full year returned to 94.1% of 2019 levels. Traffic in December 2023 was up by 25.3% on a year earlier and stood at 97.5% of the equivalent 2019 figure, while fourth-quarter traffic was even stronger at 98.2% of 2019 levels. The year also witnessed healthy international travel growth, up 41.6% from 2022 levels and 88.6% from the 2019 levels for the entire year. Year-over-year performance in December stood at +24.2% while recovering to 94.7% of 2019 levels. That fourth quarter again shows a close pattern, now at 94.5 percent.

The growth of air transport services to achieve more efficient and safe airport operations emanates market expansion in the forecast period. The booming tourism sector worldwide is primarily attributed to the rising disposable income and adoption of high living standards, especially in emerging economies like China and India, compared to the world's developed economies. In addition, the availability of cheap air tickets is propelling the increasing use of flights as a regular means of transport. Moreover, globalization has further led to an increase in the frequency of business travel globally. Thus, all the factors mentioned above are anticipated to positively impact the market growth because there has been an increase in the frequency of air travel, raising the frequency of tire replacements. Thus, it will play a significant role in shaping the commercial aviation aircraft tire market growth during the next five years.

Reasons for buying this report:

  • Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub-segments.
  • Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
  • Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
  • Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
  • Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

What do businesses use our reports for?

Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

  • Historical data & forecasts from 2022 to 2030
  • Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
  • Competitive Positioning, Strategies, and Market Share Analysis
  • Revenue Growth and Forecast Assessment of segments and regions including countries
  • Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Commercial Aviation Aircraft Tires market is segmented and analyzed as follows:

By Type

  • Radial
  • Bias

By Aircraft Type

  • Single-Aisle
  • Wide Body

By Position

  • Nose Landing Gear
  • Main Landing Gear

By End-User

  • OEM
  • Aftermarket

By Geography

  • North America
  • South America
  • Europe
  • Middle East and Africa
  • Asia-Pacific

Table of Contents

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base and Forecast Years Timeline
1.8. Key Benefits for Stakeholders
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Key Findings
3.2. Analyst View
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Supplier
4.3.2. Bargaining Power of Buyers
4.3.3. The Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. COMMERCIAL AVIATION AIRCRAFT TIRES MARKET ANALYSIS BY TYPE
5.1. Introduction
5.2. Radial
5.3. Bias
6. COMMERCIAL AVIATION AIRCRAFT TIRES MARKET ANALYSIS BY AIRCRAFT TYPE
6.1. Introduction
6.2. Single-Aisle
6.3. Wide Body
7. COMMERCIAL AVIATION AIRCRAFT TIRES MARKET ANALYSIS BY POSITION
7.1. Introduction
7.2. Nose Landing Gear
7.3. Main Landing Gear
8. COMMERCIAL AVIATION AIRCRAFT TIRES MARKET ANALYSIS BY END-USER
8.1. Introduction
8.2. OEM
8.3. Aftermarket
9. COMMERCIAL AVIATION AIRCRAFT TIRES MARKET ANALYSIS BY GEOGRAPHY
9.1. Introduction
9.2. North America
9.2.1. USA
9.2.2. Canada
9.2.3. Mexico
9.3. South America
9.3.1. Brazil
9.3.2. Argentina
9.3.3. Others
9.4. Europe
9.4.1. Germany
9.4.2. France
9.4.3. UK
9.4.4. Italy
9.4.5. Others
9.5. Middle East and Africa
9.5.1. Saudi Arabia
9.5.2. UAE
9.5.3. Others
9.6. Asia Pacific
9.6.1. China
9.6.2. India
9.6.3. Japan
9.6.4. South Korea
9.6.5. Taiwan
9.6.6. Thailand
9.6.7. Indonesia
9.6.8. Others
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
10.1. Major Players and Strategy Analysis
10.2. Market Share Analysis
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Competitive Dashboard
11. COMPANY PROFILES
11.1. Bridgestone Corporation
11.2. MICHELIN
11.3. Goodyear Tire and Rubber Company
11.4. Dunlop Aircraft Tyres Limited
11.5. Specialty Tires of America Inc.
11.6. Wilkerson Company, Inc.
11.7. Sentury Tire
11.8. Desser Holdings LLC
11.9. VSE Aviation
11.10. Mitas

Companies Mentioned

  • Bridgestone Corporation
  • MICHELIN
  • Goodyear Tire and Rubber Company
  • Dunlop Aircraft Tyres Limited
  • Specialty Tires of America Inc.
  • Wilkerson Company, Inc.
  • Sentury Tire
  • Desser Holdings LLC
  • VSE Aviation
  • Mitas

Methodology

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Table Information