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According to our (Global Info Research) latest study, the global Aircraft Wheels market size was valued at USD 64 million in 2023 and is forecast to a readjusted size of USD 79 million by 2030 with a CAGR of 3.2% during review period.
Aircraft wheels are an important component of a landing gear system. With tires mounted upon them, they support the entire weight of the aircraft during taxi, takeoff, and landing. The typical aircraft wheel is lightweight, strong, and made from aluminum alloy. Some magnesium alloy wheels also exist. Early aircraft wheels were of single piece construction, much the same as the modern automobile wheel. As aircraft tires were improved for the purpose they serve, they were made stiffer to better absorb the forces of landing without blowing out or separating from the rim. Stretching such a tire over a single piece wheel rim was not possible. A two-piece wheel was developed. Early two-piece aircraft wheels were essentially one-piece wheels with a removable rim to allow mounting access for the tire. These are still found on older aircraft. Later, wheels with two nearly symmetrical halves were developed. Nearly all modern aircraft wheels are of this two piece construction.
Safran, UTC, Meggitt, Honeywell and Parker Hannifin are the leaders of the Aircraft Wheels industry, which take about 75% market share. Asia Pacific is the major region of the global market, which takes about 35% market share.
The Global Info Research report includes an overview of the development of the Aircraft Wheels industry chain, the market status of Civil Aircraft (Main Wheel, Nose Wheel), Military Aircraft (Main Wheel, Nose Wheel), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Aircraft Wheels.
Regionally, the report analyzes the Aircraft Wheels markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Aircraft Wheels market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Aircraft Wheels market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Aircraft Wheels industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Units), revenue generated, and market share of different by Type (e.g., Main Wheel, Nose Wheel).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Aircraft Wheels market.
Regional Analysis: The report involves examining the Aircraft Wheels market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Aircraft Wheels market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Aircraft Wheels:
Company Analysis: Report covers individual Aircraft Wheels manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Aircraft Wheels This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Civil Aircraft, Military Aircraft).
Technology Analysis: Report covers specific technologies relevant to Aircraft Wheels. It assesses the current state, advancements, and potential future developments in Aircraft Wheels areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Aircraft Wheels market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Aircraft Wheels market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Main Wheel
- Nose Wheel
Market segment by Application
- Civil Aircraft
- Military Aircraft
Major players covered
- Safran
- UTC
- Meggit
- Honeywell
- Parker Hannifin
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Aircraft Wheels product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Aircraft Wheels, with price, sales, revenue and global market share of Aircraft Wheels from 2019 to 2024.
Chapter 3, the Aircraft Wheels competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Aircraft Wheels breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Aircraft Wheels market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Aircraft Wheels.
Chapter 14 and 15, to describe Aircraft Wheels sales channel, distributors, customers, research findings and conclusion.