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

According to a recent report published by Allied Market Research, titled, โ€œAircraft Tires marketย 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 globalย aircraft tires market 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

โžก๏ธBy type, the bias segment is expected to register a significant growth during the forecast period.
โžก๏ธOn the basis of application, the commercial aviation segment is anticipated to exhibit significant growth in future.
โžก๏ธDepending on distribution, the OEM segment is projected to lead the global aircraft tires market.
โžก๏ธ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
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