Aircraft Tires Industry Procurement Intelligence, Supplier Intelligence, 2020 – 2027
Procurement Outlook Aircraft tires differ significantly from automotive tires due to their operating profile. Car tires are load-bearing for a considerably longer time than an aircraft. However, aircraft tires spend comparatively less time operating but must absorb very large impact loads and handle high speeds with large accelerations when in contact with the runway. Aircraft tires are designed to flex far more than automotive tires which assists in damping the large impact loads. Aircraft tires are majorly classified according to their dimensions, strength (ply-rating), and configuration (tubed or tubeless). . Demand Outlook The global aircraft tires market was valued at USD 1.6 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027. Increasing domestic and international economy travel demand is driving the need for aircraft tires. Frequent wear and tear of aircraft tires during takeoff and landing due to either weather condition...