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In this report, global Aircraft Wheels Market will reach 66.99 Million USD by the end of 2022 with a CAGR of 3.72%
The global Aircraft Wheels market was valued at 55.81 Million USD in 2017 and will reach 66.99 Million USD by the end of 2022, growing at a CAGR of 3.72% during 2017-2022.
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.
Aircraft Wheels can be divided into two categoriesMain Wheels type and Nose Wheels type. Main Wheels type production market share accounted for the highest proportion, with a figure of 65.97% in 2017, Nose Wheels type account for 34.03%.
The sales market share of global Aircraft Wheels in Civil Aircraft use and Military Aircraft use have been stable year by year, at 79.28% and 20.72% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Aircraft Wheels in the global market tends to be fixed without great changes. Among them, the Aircraft Wheels market has the most promising sales prospects in Civil Aircraft use.
XYZ research center data shows that Asia Pacific is the biggest contributor to the Aircraft Wheels revenue market, accounted for 33.85% of the total global market with a revenue of 18.89 million USD in 2017, followed by Europe, 23.78% with a revenue of 13.27million USD.
Safran is the largest company in the global Aircraft Wheels market, accounted for 24.66% of the revenue market share in 2017, followed by UTC and Meggitt, accounted for 18.46% and 15.61% of the revenue market share in 2017. They hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Aircraft Wheels for these regions, from 2014 to 2026 (forecast), covering
- China
- USA
- Europe
- Japan
- Korea
- India
- Southeast Asia
- South America
Global Aircraft Wheels market competition by top manufacturers/players, with Aircraft Wheels sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
- Safran
- UTC
- Meggit
- Honeywell
- Parker Hannifin
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Main Wheel
- Nose Wheel
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Aircraft Wheels for each application, including
- Civil Aircraft
- Military Aircraft
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