According to Goldstein Research, global aircraft tire market is expected to reach USD 3.1 Billion by 2024 from USD 1.8 Billion in 2016, growing at a CAGR of 4.82% over the forecast period 2016-2024. The rising number of airliners across the globe and entry of new aviation players are the two major factors which are driving the demand for aircraft tire. Aircraft tire industry segmentation has been carried out on the basis of aircraft type, product type and by end-user.

Military aircraft tires are expected to witness noteworthy growth owing to the increasing critical defense infrastructures and high demand for safety.Adoption of the internet of things (IoT) in industries such as manufacturing, logistics, transportation etc. is becoming a global traction.

Global aircraft tire market is dominated by North America region with a revenue share of more than 32.8% globally.Asia-Pacific region is anticipated to dominate the aircraft tire market during the forecast period i.e. 2016-2024. Government is taking initiatives and immensely investing in air transport facilities in countries such as Thailand, India, China, Singapore, and Japan.

Market Segmentation
On the basis of our in-depth analysis, Global Aircraft tire Market can be segmented as follows:

• Based on Aircraft Type

o Civil Aircraft Tires
o Military Aircraft Tires

• By Product Type

o Radial Tire
o Bias Tire

• By End-User

o Original Equipment Manufacturers (OEM’s)
o Aftermarket

• By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Aircraft Tire Market Outlook 2024” contains a detailed overview of the global aircraft tire market.On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by aircraft type, product type and by end-user.

Further, for the in-depth analysis, Global Aircraft tire Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Goodyear Aviation tire, Bridgestone, Michelin, etc.

The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global aircraft tire market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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