#aircraft tire market share

[industrynewsupdates]

Aircraft Tires Procurement Intelligence: Key Factors to Consider

The aircraft tires category is anticipated to grow at a CAGR of 5.5% from 2023 to 2030. The U.S. is the world's largest market, with a share of 40%, while Europe is the second largest with 33%. Michelin, Goodyear, Bridgestone, and Dunlop are among the leading manufacturers, accounting for approximately 85% of the market.

This category is driven by the demand for military aircraft, UAVs, and commercial planes. They experience wear and tear during takeoff, landing, and taxiing due to intense temperatures and pressures. The condition of the tires is influenced by a series of factors, e.g. weather, rough landing conditions, crossing winds, Antiskid braking actions, and rough runway surfaces, all leading to frequent tire replacement or retreading which leads to increased growth in this category.

RFID technology was implemented in the aircraft tire sector in 2021, allowing for efficient and automated tracking of tire information. Michelin introduced its "RFID-enabled Connected Tire" solution, which incorporates RFID tags embedded in the tires. This technology enables real-time monitoring of tire condition and performance, helping airlines and maintenance teams manage maintenance schedules, identify potential issues, and optimize tire usage. It improves operational efficiency, reduces manual data entry errors, and enhances safety and maintenance practices. The use of elastomers in tire manufacturing improves performance significantly. Tire rubber's chemical systems benefit from intermediates that give durability, flexibility, and reliable seal qualities that elastomers provide directly.

Business jets are adopting tubeless tires, which are expected to be adopted by commercial planes as well. Hence, the tubeless tire segment is expected to grow by 3.4% between 2022 and 2030. Furthermore, the usage of elastomers reduces tire maintenance costs while improving traction. Heat and cold resistance also improve, extending tire life and assisting in maintaining optimum inflation throughout temperature changes.

Order your copy of the Aircraft Tires Procurement Intelligence Report, 2023 – 2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

The Covid-19 pandemic has had a negative impact on the aviation tire industry, causing manufacturing to decline and export activities to shift to other modes of transportation. Even when the lockdown was relaxed, the production rate was not enough to meet demand.

This sector is dominated by Goodyear, Michelin, Dunlop Aircraft Tires, and Bridgestone, leading to an oligopolistic structure that controls 85% of the market share and accounts for most of the retread. The industry is subject to strict regulations and certifications to ensure safety and compliance with international standards. New entrants face high entry barriers due to the research and development required to meet stringent safety and performance standards. The procurement of this category requires consideration of several factors, such as tire size, load capacity, speed rating, aircraft type, and operational conditions and construction

Natural and synthetic rubber are the primary raw materials used in the production of aircraft tires. The raw materials account for around 65 % to 75 % of the production costs, with natural and synthetic rubber as major raw materials. Tires used in commercial planes cost USD 1,200 to USD 5,500. Commercial aircraft tires, on the other hand, are more difficult to locate in a distributor's store. The majority of airlines have long-standing relationships with tire manufacturers. These agreements allow manufacturers to subsidize the cost of each tire unit. Airlines and tire manufacturers have a lease agreement under which the manufacturer owns the tires and the airline pays for each landing cycle. The manufacturer also covers all necessary maintenance costs under this agreement. 

Browse through Grand View Research’s collection of procurement intelligence studies:

• Bearings Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

• Conveyor Procurement Intelligence Report, 2023 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

Aircraft Tires Procurement Intelligence Report scope 

• Aircraft Tires Category Growth Rate: CAGR of 5.5% from 2023 to 2030

• Pricing Growth Outlook: 6 - 8%

• Pricing Models: Volume-based pricing model, spot pricing model

• Supplier Selection Scope: Quality and Reliability, Cost and pricing, Past engagements, Productivity, Geographical presence

• Supplier selection criteria: Product Range and Compatibility, Manufacturing Capacity and Facilities, Sustainability and Environmental Responsibility, technical specifications, operational capabilities, regulatory standards and mandates, category innovations, and others.

• Report Coverage: Revenue forecast, supplier ranking, supplier matrix, emerging technology, pricing models, cost structure, competitive landscape, growth factors, trends, engagement, and operating model

Key companies 

• Michelin

• Goodyear

• Bridgestone

• Dunlop

• Safran

• Honeywell Internationalc

• Meggit

• GKN Aerospace

• Rosen Aviation

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.

Our services include (not limited to):

• Market Intelligence involving – market size and forecast, growth factors, and driving trends

• Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships

• Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

• Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions

[globalgrowthinsights]

Small Household Appliances Market 2024: Emerging Trends, Major Driving Factors, Business Growth Opportunities

Small Household Appliances Market provides in-depth analysis of the market state of Small Household Appliances manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Small Household Appliances in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Small Household Appliances Market Report:

The report offers a comprehensive and broad perspective on the global Small Household Appliances Market.

The market statistics represented in different Small Household Appliances segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Small Household Appliances are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Small Household Appliances.

Major stakeholders, key companies Small Household Appliances, investment feasibility and new market entrants study is offered.

Development scope of Small Household Appliances in each market segment is covered in this report. The macro and micro-economic factors affecting the Small Household Appliances Market

Advancement is elaborated in this report. The upstream and downstream components of Small Household Appliances and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/small-household-appliances-market-100588

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[digitalwibe]

North America Aircraft Tire Market: Dynamics, Regional Growth, and Forecast Analysis (2024-2032)

The North America aircraft tire market is set for significant growth from 2024 to 2032, driven by a variety of factors including increasing air traffic, advancements in tire technology, and rising demand for efficient aircraft operations. As airlines and aerospace companies seek to enhance the performance and safety of their fleets, the aircraft tire market in North America is experiencing dynamic changes.

For a comprehensive analysis of the North America Aircraft Tire Market, visit North America Aircraft Tire Market.

Market Dynamics:

Increasing Air Traffic: The rise in air travel across North America has resulted in a higher demand for aircraft tires. The growth in passenger numbers and freight services directly impacts the need for new tires and tire replacements.

Technological Advancements: Innovations in tire technology, such as the development of high-performance, durable, and lightweight tires, are driving market growth. Advanced materials and manufacturing processes are enhancing tire efficiency and safety.

Regulatory Standards: Stringent regulations and safety standards in North America require regular maintenance and replacement of aircraft tires. Compliance with these standards is essential for market players and contributes to the growth of the industry.

Competitive Landscape: The North American aircraft tire market is highly competitive, with key players focusing on strategic partnerships, mergers, and acquisitions to strengthen their market position.

Request Free Sample Report - Receive a free sample report to preview the valuable insights and data we offer.

Regional Growth:

The North American market is characterized by rapid growth due to increased investments in aviation infrastructure and the expansion of regional airlines. Major airports and airlines in the U.S. and Canada are expanding their fleets, driving demand for high-quality aircraft tires.

Forecast Analysis:

The forecast period from 2024 to 2032 indicates robust growth for the North American aircraft tire market. Market players are expected to capitalize on technological advancements and increasing air traffic to drive revenue and market share.

About US

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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[trendingreportz]

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market - Forecast(2024 - 2030)

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Overview

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market is forecast to reach $362.14 Million by 2025, after growing at a CAGR of 3.2% during 2020-2025. Resorcinol is used to produce resorcinol formaldehyde (RF) resin to improve the adhesion of rubber and other materials in rubber products, wood adhesives, flame retardants, UV stabilizers, dyes, and others. The global COVID-19 pandemic has caused manufacturing activities around the globe to abruptly pause, impacting the market for rubber as well as their development and processing. The most critically affected end-use segments of the plastics industry include automotive & transportation, consumer goods, industrial machinery, manufacturing, and electronics.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Report Coverage

The report: “Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market. 

By Form – Powder, Pellets and Crystal, and Liquid. 

By Application – Printing Inks, Plastics, Coatings, Solvents, Personal Care Ingredients, Resins, Rubber, and Others.

By Region – North America, South America, Europe, APAC, and RoW.

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Key Takeaways

Growing demand from tyre manufacturing sector in automotive industry, and wood binding adhesive applications, tends to increase the growth of the market.

APAC is dominating the overall resorcinol market due to the rise of automotive manufacturing facilities.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) is produced from hydroperoxidation process, which includes the highest share in the overall market.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Segment Analysis -By Application

Rubber includes the highest share and dominates the overall Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market. The growing demand for manufacturing tyres from the automotive industry makes the positive scenario is majorly boosted by the growth momentum of replacement tires market. In addition, the demand of Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) for the production of personal care ingredients is expected to witness higher growth in upcoming years.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Segment Analysis -By Geography

Asia-Pacific dominated the global market owing to the robust demand from developing nations including China and India. The region being a manufacturing hub for automotive is of the propelling factor for the resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market growth in the region. Currently, there are two major resorcinol producers in the world, Amino-Chem from China and Sumitomo Chemical Company from Japan, the Amino-Chem itself includes the highest production capacity of about 40,000 Mt/y, where Sumitomo Chemicals includes about 32,000 Mt/y. Being the highest producers of resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene), APAC consists the highest share across the globe.

Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Drivers

Growing demand in rubber industry

Rubber products dominated the application segment, and it is expected to continue its dominance over the forecast period. Resorcinol is widely used for tire manufacturing for a variety of applications such as automotive tires, bicycles, and aircraft. The usage of chemical improves the overall rubber compound processability. It also results in the increase of static as well as dynamic modulus of rubber. Also, it does not have any effect on the overall vulcanization process of rubber and enhances the steel cord adhesion. Such inherent advantages are expected to benefit the segment demand growth over the upcoming years. Also, United States represents one of the largest and the most advanced tire market in the world by providing home to some of the largest tire manufacturers in the world, such as Goodyear Tire & Rubber Co., Cooper Tire & Rubber Co., Michelin and Bridgestone Americas Tire Operations (over 70% of the market share is reported with these four companies). Such factors in turn are estimated to boost the demand for the resorcinol market during the forecast period.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Challenges

Hazardous nature and higher cost tend to constrain the growth of the market

Resorcinol is harmful if swallowed, inhaled or absorbed through skin and causes eye and skin irritation. The compound is irritating to mucous membranes and upper respiratory tract. Depending on the intensity and duration of exposure, effects may vary from mild irritation to severe burns. Resorcinol is regarded as goitrogenic, causing hypo-thyroidism following persistent exposure, e.g. through intake of drinking water polluted with resorcinol from coal gasification and shale oil production, or through use as topical ointment on skin lesions. In addition, resorcinol also includes high cost. Currently, according to Trademap, the price of resorcinol has been increased at rapid pace resorcinol. The main factor impacting the price is the shutdown of resorcinol production plants in major region. Manufacturer such as Indspec Chemical, the only producer in U.S, had shut down its production in July 2017, the low outcome from the plant in order to compete in the market place oversupply and low-efficient manufacturing process, was the major factor behind the cause.

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Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) market. In 2019, the market of Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) has been consolidated by the top five players accounting for xx% of the share. Major players in the Resorcinol of Meta-DIPB (1,3 – Diisopropylbenzene) Market are Amino-Chem, Sumitomo Chemicals, Elementis PLC, Indspec Chemical Corp., Atul Limited, Alfa Aesar, and Kraeber & Co Gmbh among others.

[vijukumar]

Tire Market: Trends, Players, Share, and Growth

The tire market is a significant sector within the automotive industry, with a vast array of products catering to various vehicle types and applications. This blog will delve into the market size, share, and growth, as well as the trends, key players, and challenges faced by the industry.

Market Size, Share, and Growth

The global tire market is projected to reach a size of $340 billion by 2025, growing at a compound annual growth rate (CAGR) of 5.5% from 2020 to 2025. The market is dominated by a few major players, with the top five companies holding a combined market share of over 50%:

Michelin: With a market share of 15.5%, Michelin is the largest tire manufacturer, offering a wide range of products for passenger vehicles, commercial vehicles, and two-wheelers.

Goodyear: Goodyear holds a market share of 12.5%, with a focus on passenger tires, commercial tires, and aircraft tires.

Continental: Continental has a market share of 10.5%, with a focus on passenger tires, commercial tires, and industrial tires.

Bridgestone: Bridgestone holds a market share of 9.5%, with a focus on passenger tires, commercial tires, and two-wheelers.

Pirelli: Pirelli has a market share of 8.5%, with a focus on passenger tires, commercial tires, and two-wheelers.

Market Trends

Several trends are shaping the tire market:

Sustainability: The increasing focus on sustainability is driving the demand for eco-friendly tires, such as those made from recycled materials or with reduced rolling resistance.

Electrification: The growth of electric vehicles (EVs) is leading to increased demand for specialized tires designed for EVs, which require specific features such as reduced rolling resistance and improved braking performance.

Autonomous Vehicles: The development of autonomous vehicles is driving the demand for advanced tire technologies, such as those with improved traction and braking performance.

Digitalization: The integration of advanced technologies such as sensors, data analytics, and artificial intelligence (AI) is transforming the tire market, enabling real-time monitoring and predictive maintenance.

Market Challenges

The tire market faces several challenges:

Global Competition: The market is highly competitive, with players from around the world vying for market share.

Regulatory Pressures: Stricter emissions and safety regulations are driving the need for innovative, high-quality tires.

Supply Chain Disruptions: The COVID-19 pandemic has highlighted the vulnerability of global supply chains, leading to disruptions and delays.

Technological Advancements: The rapid pace of technological change is requiring manufacturers to invest heavily in research and development to stay competitive.

Conclusion The tire market is a dynamic and rapidly evolving sector, driven by technological advancements, changing consumer preferences, and regulatory pressures. Key players such as Michelin, Goodyear, Continental, Bridgestone, and Pirelli are well-positioned to capitalize on this growth, but must navigate the challenges of global competition, regulatory pressures, supply chain disruptions, and technological advancements. As the market continues to evolve, it is essential for manufacturers to stay focused on innovation, quality, and customer satisfaction to remain competitive.

[pranalipawarshinde]

Aircraft Line Maintenance - Higher Growth Rate And Forecast 2024-2033

Aircraft line maintenance is the process of keeping an aircraft in an airworthy condition by regularly inspecting, repairing, and servicing it. This type of maintenance is typically performed by a licensed aircraft maintenance engineer (AME).

Aircraft line maintenance is typically performed at an airport, where the AME has access to the necessary tools and equipment. The AME will inspect the aircraft before each flight to ensure that it is safe to fly. They will also perform routine maintenance tasks, such as changing the oil and checking the tires.

If the AME finds any problems with the aircraft, they will attempt to fix the problem. If they are unable to fix the problem, they will write a maintenance log entry detailing the problem and what was done to try to fix it. The AME will also notify the pilot of any problems with the aircraft.

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Aircraft line maintenance is essential to keeping an aircraft safe to fly. By regularly inspecting and servicing the aircraft, the AME can identify and fix problems before they cause an accident.

Key Trends

The key trends in aircraft line maintenance technology are the increasing use of computerized systems and the development of new diagnostic and repair techniques.

Computers are playing an increasingly important role in aircraft line maintenance. Many of the tasks that were once done by hands, such as keeping track of maintenance records and scheduling repairs, are now done by computer. This has made line maintenance more efficient and has allowed airlines to keep better track of their maintenance records.

Another trend in aircraft line maintenance is the development of new diagnostic and repair techniques. As aircraft become more complex, it is important for line maintenance technicians to be able to quickly and accurately diagnose problems. New diagnostic tools, such as portable computers and infrared cameras, are making it easier for technicians to find and fix problems.

Finally, the trend toward outsourcing line maintenance is likely to continue. Airlines are increasingly outsourcing line maintenance to specialized companies that can provide lower costs and better service. This trend is likely to continue as airlines seek to reduce costs and improve efficiency.

Key Drivers

There are a few key drivers of Aircraft Line Maintenance market.

The first is the growth in air travel. This has led to an increase in the number of aircrafts, which in turn has led to an increase in the demand for line maintenance services.

The second driver is the change in the way airlines operate. In the past, airlines used to outsource all of their line maintenance services. However, now they are starting to do more of it in-house. This is because it is more cost-effective and it gives them more control over the quality of the services.

The third driver is the change in the regulatory environment. The new regulations that have been put in place by the International Civil Aviation Organization (ICAO) have made it mandatory for all airlines to have their own line maintenance facilities. This has created a lot of opportunities for companies that provide line maintenance services.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The aircraft line maintenance market report is bifurcated on the basis of type, technology, application, and region. On the basis of type, it is segmented into narrow body, wide body, and very large. Based on technology, it is analyzed across traditional and digital. By application, it is categorized into defect rectification service, engine & APU service, aircraft on ground (AOG) service, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Player

The aircraft line maintenance market report includes players such as British Airways, Delta TechOps, FL Technics, HAECO Limited, Lufthansa Technik, SAMCO Aircraft Maintenance B.V, SIA Engineering Company, SR Technics, Turkish Technic Inc., and Emirates.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Infographic excel data pack, easy to analyze big data

Robust and transparent research methodology

Unmatched data quality and after sales service

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

[aerospaceaviation]

Aircraft Tire Retreading Market Growth Factors, and Regional Forecast to 2031

The latest report, titled "Global Aircraft Tire Retreading Market Share, Size and Trends | 2031", by The Insight Partners offers a comprehensive analysis of the Aircraft Tire Retreading market, which comprises insights based on an in-depth Aircraft Tire Retreading market analysis. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The Aircraft Tire Retreading market has been growing significantly in recent years, driven by many key factors, such as increasing demand for its products, expanding customer base, and technological advancements. This report provides a comprehensive analysis of the market, includingAircraft Tire Retreading market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

The purpose of this report is to provide valuable insights into market dynamics, enabling users, investors, and business owners to make informed investment decisions. The Aircraft Tire Retreading market report offers accurate information on different market segments and highlights the top companies operating in each segment.

The authenticity of the data is ensured through verification by industry experts and opinion leaders. The information is gathered through comprehensive primary and secondary research, and it is presented in a well-organized manner using tables, figures, diagrams, and charts to enhance clarity and comprehension of the Aircraft Tire Retreading market trends.

Our Extensive Research Report Includes:

Aircraft Tire Retreading Market Forecast- Coverage- Market Size, Share, and CAGR | Forecast by 2031

Market Scope– Aim of the research, A glance at key chapters

Market Dynamics- Drivers, Challenges, Regional Trends, and Market Opportunities

Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.

Market Players – Key Market Players and Strategies

Recent Developments and Innovation in Aircraft Tire Retreading Market

Regional Framework- Key Regional Markets, Growth Projections

Product Pricing Research and Customer Analysis

Key players covered in this report are Companies Apollo Tyres Ltd, Aviation Tires & Treads, LLC, Bridgestone Corporation, Desser Tire & Rubber Co., LLC, Dunlop Aircraft Tyres Limited, Marangoni Meccanica S.p.A., Oliver Tyre Group, SAIC, Watts Aviation Wilkerson Company, Inc. and others

Research Methodology:

Most research studies use a combination of both primary and secondary research methods to ensure comprehensive and accurate data analysis. The specific methodology used in a Aircraft Tire Retreading market research study will depend on various factors such as the research objectives, the target audience, and the available resources.

What is our report scope?

This report is centered around the global Aircraft Tire Retreading market, with a specific focus on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The report classifies the market by manufacturers, regions, types, and applications. It presents a comprehensive view of the current market situation, encompassing historical and projected market size in terms of value and volume. Additionally, the report covers technological advancements and considers macroeconomic and governing factors influencing the Aircraft Tire Retreading market growth.

On the Basis of Process this market is categorized further into-

Pre-Cure

Mold-Cure

On the Basis of Aircraft Type this market is categorized further into-

Commercial

Military

On the Basis of Geography this market is categorized further into-

North America

Europe

Asia Pacific

and South and Central America

Key Region/Countries are Classified as Follows:

The following section of the report offers valuable insights into different regions and the key Aircraft Tire Retreading market players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered. This section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in the following regions:

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

Rest of the World

Strategic Outlook and TIP Recommendations

Strategic planning is essential to the success of any firm. The strategic advice in this area is essential for investors and enterprises. A company that has a forward-thinking, forward-focused vision endures through good times and bad. Understanding the components of the business environment enables organizations to take strategic actions when and where they are needed.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Devices, Technology, Media and Telecommunications, Chemicals and Materials.

[lokesh-infinium]

Aircraft Tyre Market Soars to New Heights with Unprecedented Growth in 2030

An aircraft tire is engineered to endure exceptionally heavy loads over short durations. These tires serve two primary functions: supporting the aircraft's weight on the ground and providing traction for braking and stopping. Additionally, they bear the full weight of the aircraft during ground operations, offering traction for braking, absorbing landing impact, and cushioning against roughness. Due to the diverse static and dynamic stresses experienced in various operating conditions, meticulous maintenance is imperative for optimal functionality. Crafted from a specialized rubber compound that combines durability with flexibility, aircraft tires also feature treads designed for traction and effective heat dissipation.

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The ongoing modernization of airline fleets, driven by factors such as surging air travel demand, the quest for enhanced passenger comfort, and improved operational efficiency, underscores the aviation industry's dynamic nature. To elevate the performance and longevity of aircraft tires, manufacturers are increasingly adopting innovative materials, including carbon fiber. Renowned for its strength and lightweight properties, carbon fiber brings several advantages such as increased load capacity and enhanced fuel efficiency, further propelling market growth. However, challenges arise from the dependency on specific raw materials, including synthetic rubber compounds, high-strength steel cords, carbon black, and various additives. The availability of these materials is influenced by various factors, posing potential constraints to the market.

Anticipated market growth is tied to technological advancements and safety features, with continuous enhancements in tire design and technology paving the way for manufacturers to introduce innovative solutions that align with the evolving needs and safety standards of the aviation industry.

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On the basis of the region the aircraft tire market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (ROW). Among these regions, North America is expected to dominate the market throughout the forecast period. Currently, North America held more than 50% of the global market share in 2022, with a revenue of more than USD 900 million in 2022 which is expected to reach over USD 1,400 million by 2030. Within North America, the United States held the largest share, accounting for more than 70% of the overall market in the region. In 2022, the U.S. generated revenue of more than USD 600 million, and it is expected to surpass USD 1,000 million by the end of the forecast period. The presence of major aircraft manufacturers like Boeing and Bombardier in the North American region contributes to significant demand for aircraft tires, making it a driving force in the market. As two of the largest aircraft manufacturers globally, their operations generate a substantial need for high-quality aircraft tires. This demand in North America serves as a catalyst for the growth and advancement of the aircraft tire market in the region. The Asia-Pacific region is experiencing the fastest growth in the aircraft tire market, exhibiting a compound annual growth rate (CAGR) of above 5%. China is expected to dominate the market within the Asia-Pacific region, holding over 30% of the overall share.

Key Market Players:

Goodyear Tire & Rubber Company

Bridgestone India Private Ltd.

Dunlop Aircraft Tyres Limited

MICHELIN

Desser Holdings LLC

Beringer Aero

STOMIL-POZNAŃ SA

Petlas

Specialty Tires of America, Inc.

Qingdao Sentury Tire Co.Ltd.

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The aircraft tires market is projected to register substantial gains by 2028 on account of mounting expenditure on maintenance, repair, and overhaul of airplanes around the world.

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Tire Derived Fuel Market Size, Share and Global Trend By Tire Source (Light Motor Vehicles, Heavy Duty Vehicles, Motorcycles, Aircrafts, Bicycles), By Type (Cement Industry, Power Plants, Pulp & paper mills, Utility Boilers), By Application and Geography Forecast till 2022-2029

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Aviation & Space Sector an Emerging field with Unlimited Potential.

Growth Prospects & Growth Trends in Indian Avionics Engineering Sector India has become the third-largest domestic aviation market in the world and is expected to overtake the UK to become the third-largest air passenger market by 2024. Indian aviation also contributed 5% of the GDP, creating a total of 4 million jobs. In addition to it, there is a US$ 72 billion gross value-added contribution to GDP by this industry. [Source: National Investment Promotion & Facilitation Agency] In India, remarkable growth has been noticed in the sphere of civil aviation. The speed and carrying capacity of modern aircraft are providing commendable and far beyond what we used to experience decades ago. India is already among the top 10 aviation markets, serving over 83 million domestic passengers annually, and the volume of air traffic, both in terms of passengers and goods, is growing at a good pace. The UDAN scheme is driving the growth of civil aviation resulting in better connectivity and infrastructure in India The number of airplanes is expected to grow to 1,100 planes by 2027 To cater to the rising air traffic, the Government of India has been working towards increasing the number of airports. India to become global hub for Aeronautical Engineering, Repair and Overhaul (MRO) More world class Airports are being built in B tire cities through PPP (Public Private Partnership). Growth Prospects & Growth Trends in Space Sector was valued at USD 9.6 Bn in 2020, contributes 2%-3% of the global space economy. The size of the sector is expected to reach USD 13 Bn by 2025, and by 2030 India further aims to capture a larger share of close to 10% of the global economy.[Source: National Investment Promotion & Facilitation Agency] India is one of the top 5 space-faring countries in the world, with numerous space opportunities. India is renowned for producing affordable satellites and launch vehicles. The estimated value of the worldwide space economy is US$ 440 billion. The Aircraft Maintenance Engineering (AME) course is offered by very few institutes like WCAT Pune and deals with the maintenance, upgrade and quality assurance of aircraft. It is a licensed course and has been approved by the Directorate General of Civil Aviation (DGCA). A flight attendant, also known as steward/stewardess or Cabin Crew/ Airhostess, is a member of the aircrew aboard collectively called as Cabin Crew. They hold the most important position in the aircraft as they are responsible for ensuring the safety and comfort of passengers during flights.

Contact us: +91 98220 13633 To learn more visit the website: https://cet.aero.edu.in/