The Asia-Pacific aircraft tires market is anticipated to grow at a lucrative CAGR over the forecast period (2020-2026). China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific are the major economies substantially contributing to the growth of the Asia-Pacific aircraft tires market. The key aspect that drives the growth of the Asia-Pacific aircraft tires market is the increasing aviation sector of Asia-Pacific. Increased air passengers, crowded airports, and busy flight routes in major economies of the region such as China, India, and ASEAN countries had generated a significant demand for the new aircraft which in turn will contribute to the Asia-Pacific aircraft tires market growth.
Browse the full report description of "Asia Pacific Aircraft Tires Market Size, Share & Trends Analysis Report By Construction (Radial and Bias Ply), By Type (New Tires, and Retreaded Tires), By Aircraft Types (Commercial Aircrafts, Military Aircrafts, and Others) and by Distribution Channel (Aftermarket and OEM) Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/asia-pacific-aircraft-tires-market
Aircraft tires are changed on a regular basis to meet the safety standard. Besides, there is also a significant demand for lightweight aircraft tires to enhance the efficiency of the aircraft, which enhances the market growth. Rapid changes in the preferences of the passengers to travel via air have also contributed significantly to the industry growth in the region. The introduction of novel and large airports along with the introduction of novel commercial aircraft by the key players also driving the aviation industry. All these factors significantly drive the growth of the aircraft tires market over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
Asia-Pacific Aircraft Tires Market – Segmentation
By Type
By Construction
By Aircraft Type
o Wide-Body Aircraft
o Narrow Body Aircraft
o Regional Transport Aircraft
By Distribution Channel
Asia-Pacific Aircraft Tires Market – Countries Covered