LONDON--(BUSINESS WIRE)--Technavio has been monitoring the aircraft tire market and it is poised to grow by $ 281.57 mn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Bridgestone Corp., China National Chemical Corp. Ltd., Desser Holdings LLC, Dunlop Aircraft Tyres Ltd., Michelin Group, MRF Ltd., Petlas Tire Industry and Trade, Specialty Tires of America Inc., THE GOODYEAR TIRE & RUBBER CO., and Trelleborg AB are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing developments in tire manufacturing have been instrumental in driving the growth of the market. However, stringent norms and regulations might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Aircraft Tire Market 2020-2024: Segmentation
Aircraft Tire Market is segmented as below:
- North America
- South America
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Aircraft Tire Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The aircraft tire market report covers the following areas:
- Aircraft Tire Market Size
- Aircraft Tire Market Trends
- Aircraft Tire Market Industry Analysis
This study identifies the introduction of sustainable taxiing systems as one of the prime reasons driving the aircraft tire market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Aircraft Tire Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist aircraft tire market growth during the next five years
- Estimation of the aircraft tire market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aircraft tire market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aircraft tire market, vendors
Table of Contents:
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Aftermarket - Market size and forecast 2019-2024
- OEM - Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Market Segmentation by Type
- Market segments
- Comparison by Type
- Bias tire - Market size and forecast 2019-2024
- Radial tire - Market size and forecast 2019-2024
- Market opportunity by Type
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Vendor landscape
- Landscape disruption
- Competitive scenario
- Vendors covered
- Market positioning of vendors
- Bridgestone Corp.
- China National Chemical Corp. Ltd.
- Desser Holdings LLC
- Dunlop Aircraft Tyres Ltd.
- Michelin Group
- MRF Ltd.
- Petlas Tire Industry and Trade
- Specialty Tires of America Inc.
- THE GOODYEAR TIRE & RUBBER CO.
- Trelleborg AB
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.