High Aircraft Base and Well-Developed Manufacturing Facility Accelerate The North America Aircraft Tires Market Growth

The North America aircraft tires market is anticipated to grow at a significant CAGR over the forecast period (2020-2026). The key aspect that drives the growth of the North American aircraft tires market is increasing passenger aircraft in the region, and high investment for the new airports and airport expansion, which will subsequently motivate the aircraft industry. As per Airbus SE, a major aircraft manufacturer globally, there were around 4,700 aircraft in North America in 2019. They are expected to increase to 7,150 by 2038 (pre-COVID-19 forecast). The increasing fleet will directly augment the demand for aircraft tires in the region. 

Browse the full report description of "North America Aircraft Tires Market Size, Share & Trends Analysis Report By Construction (Radial and Bias), 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/north-america-aircraft-tires-market

Moreover, the well-developed manufacturing facility of aircraft and the availability of the high manufacturing capital in aerospace, along with the presence of a number of small-to-large players operating in the North American region is also a positive factor for the market growth.  The Boeing Co., Bombardier, Inc., Airbus SE are the major aircraft manufacturer based in the region contributes significantly to the aviation market, which in turn contributes to the aircraft tires market in the region. 

Market Coverage

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Tire Construction, Tire Type, Aircraft Types, and Distribution Channels 
• Regions Covered- North America
• Competitive Landscape- Bridgestone Corp., Dunlop Aircraft Tyres Ltd., Goodyear Tire & Rubber Co., Mitas (Trelleborg Group)

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

North America Aircraft Tires Market – Segmentation

By Type 

• New Tires 
• Retreaded Tires 

By Construction

• Radial 
• Bias

By Aircraft Type

• Commercial Aircrafts

o Wide-Body Aircraft

o Narrow Body Aircraft

o Regional Transport Aircraft

• Military Aircrafts
• Others (Spacecrafts)

By Distribution Channel

• Aftermarket
• OEM

North America Aircraft Tires Market – Countries Covered 

• US
• Canada

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