Latest News- Aircraft Tire Market: Radial tire is expected to lead the Type segment during 2025-2029

The Aircraft Tire Market is being driven by Rising demand for landing gear retrofitting

The Aircraft Tire Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 436.9 million. The global aircraft tire market is experiencing notable growth as the aviation industry transitions towards electric and hybrid aircraft. These innovative aircraft, characterized by lighter structures and unique weight distributions, necessitate specialized tires that cater to their distinct operational requirements. Key features include reduced rolling resistance, lower noise levels, and enhanced energy efficiency. With a focus on fuel efficiency and reduced emissions, electric and hybrid aircraft, such as the Pipistrel Velis Electro, are increasingly popular for short-range applications, including urban air mobility solutions like eVTOLs. These aircraft demand tires optimized for frequent takeoffs and landings, further driving market expansion. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Radial tire
  • Bias tire
• Distribution Channel
  • Aftermarket
  • OEM
• Aircraft Type
  • Narrow-body
  • Wide-body
  • Regional jet
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for landing gear retrofitting
• Growth in urban air mobility (UAM) and advanced air mobility (AAM) markets
• Recent development in aircraft tires

However, the market also witnesses some limitations, which are as follows:

• Stringent norms and regulations
• Volatility of raw material prices
• High bargaining power of OEMs

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Market Scope in Aircraft Tire Market Research Report

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Research Analysis Overview

The Aircraft Tire Market encompasses tires with specific material properties and constructions, including tire ply rating, rubber elasticity, and cord reinforcement, for optimal performance under ground contact. Tread wear measurement, tire casing failure analysis, and deflection assessment are crucial for ensuring structural integrity. Hydraulic braking systems and pneumatic tire design considerations include heat dissipation, retreadability assessment, and maintenance schedules. Performance testing, stress analysis, and traction testing evaluate tire capabilities against operational limits, while vibration damping, water dispersion, and friction coefficient impact wear and tear. Tire bead design, tire construction, and pressure regulation contribute to tire life extension. Impact force and deformation analysis are essential for understanding tire failure mechanisms.

Market Research Overview

The aircraft tire market is a significant segment within the broader aerospace and defense industry. Key components of this market include aircraft tire pressure systems, tread depth indicators, tire carcass construction, retread tire materials, and radial tire designs. These components are integral to ensuring the safety and efficiency of aircraft operations. The global aerospace and defense market, which includes the aircraft tire sector, is a capital-intensive industry, with revenue generated by manufacturers and providers for sectors such as aerospace and defense, building and construction, electrical equipment, industrial conglomerates, machinery, trading companies, and distributors. Technavio's market analysis covers the MRO activities related to both commercial and general aviation and defense sectors, emphasizing the importance of maintaining optimal tire performance and longevity.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/