Aircraft Tires Industry Expected to Grow at a CAGR of 6.7%.

Aircraft Tires Market

OREGAON, PORTLAND, UNITED STATESย , July 27, 2023/EINPresswire.com/ — According to a recent report published by Allied Market Research, titled, โ€œAircraft Tires market by Type, Application, and Distribution: Global Opportunity Analysis and Industry Forecast, 2021โ€“2030,โ€

The global aircraft tires market was valued at $1.52 billion in 2020, and is projected to reach $2.85 billion by 2030, registering a CAGR of 6.7%.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ –https://www.alliedmarketresearch.com/request-sample/6058

Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. U.S. dominated the global aircraft tires market Size share in North America in 2020, owing to increase in R&D activities; technological developments by key players; and rapid adoption of innovative technologies in making durable and long-lasting aircraft tires. Asia-Pacific is expected to grow at a significant rate during the forecast period, owing to rise in air passenger traffic across different nations in the region along with huge defense spending by prominent countries such as China, India, and Japan.

By type, the aircraft tires market is segregated into radial and bias. The bias segment accounted for the highest revenue in 2020, as it offers high-speed stability, reduces tread distortion under load, protects the tire casing plies from damage.

On the basis of application, the market is divided into commercial aviation and military aviation. The commercial aviation segment garnered highest revenue in 2020, owing to considerable rise in global commercial aviation air traffic over the years.

๐๐”๐‘๐‚๐‡๐€๐’๐„ ๐…๐”๐‹๐‹ ๐‘๐„๐๐Ž๐‘๐“ ๐Ž๐… – https://www.alliedmarketresearch.com/aircraft-tires-market/purchase-options

๐‹๐ข๐ฌ๐ญ ๐Ž๐Ÿ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:-

๐€๐ฏ๐ข๐š๐ญ๐ข๐จ๐ง ๐“๐ข๐ซ๐ž๐ฌ & ๐“๐ซ๐ž๐š๐๐ฌ, ๐‹๐‹๐‚,
๐๐ซ๐ข๐๐ ๐ž๐ฌ๐ญ๐จ๐ง๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง,
๐ƒ๐ž๐ฌ๐ฌ๐ž๐ซ ๐‡๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ ๐‹๐‹๐‚,
๐ƒ๐ฎ๐ง๐ฅ๐จ๐ฉ ๐€๐ข๐ซ๐œ๐ซ๐š๐Ÿ๐ญ ๐“๐ข๐ซ๐ž๐ฌ ๐‹๐ข๐ฆ๐ข๐ญ๐ž๐,
๐ญ๐ก๐ž ๐†๐จ๐จ๐๐ฒ๐ž๐š๐ซ ๐“๐ข๐ซ๐ž ๐š๐ง๐ ๐‘๐ฎ๐›๐›๐ž๐ซ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ,
๐‚๐จ๐ฆ๐ฉ๐š๐ ๐ง๐ข๐ž ๐†๐ž๐ง๐ž๐ซ๐š๐ฅ๐ž ๐ƒ๐ž๐ฌ ๐„๐ญ๐š๐›๐ฅ๐ข๐ฌ๐ฌ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐Œ๐ข๐œ๐ก๐ž๐ฅ๐ข๐ง,
๐๐ž๐ญ๐ฅ๐š๐ฌ,
๐’๐ž๐ง๐ญ๐ฎ๐ซ๐ฒ ๐“๐ข๐ซ๐ž ๐‚๐จ. ๐‹๐ญ๐.,
๐’๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ญ๐ฒ ๐“๐ข๐ซ๐ž๐ฌ ๐จ๐Ÿ ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š,
๐–๐ข๐ฅ๐ค๐ž๐ซ๐ฌ๐จ๐ง ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ, ๐ˆ๐ง๐œ

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ

By type, the bias segment is expected to register a significant growth during the forecast period.
On the basis of application, the commercial aviation segment is anticipated to exhibit significant growth in future.
Depending on distribution, the OEM segment is projected to lead the global aircraft tires market.
Region-wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  – https://www.alliedmarketresearch.com/purchase-enquiry/6058

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

David Correa
Allied Analytics LLP
1 800-792-5285
email us here

Originally published at https://www.einpresswire.com/article/646741513/aircraft-tires-industry-expected-to-grow-at-a-cagr-of-6-7

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Agla News staff