Growth Opportunity in Global Aerospace Tire Industry 2016-2021: Trends, Forecast, and Opportunity Analysis

 Published On: May, 2016 |    No of Pages: 94 |  Published By: Lucintel | Format: PDF
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The global aerospace tire industry is forecast to grow at a CAGR of 3.9% from 2016 to 2021. The major growth drivers of this market are increase in aircraft delivery and increase in the frequency of flights.

Emerging trends, which have a direct impact on the dynamics of the industry, include lightweight tires which use light alloy metal bead cores and increasing demand of more durable tires.

The study includes a forecast for the global aerospace tire industry by tire type, market type, aircraft type, and region as follows:
 
By tire type (Value $ Million from 2010 to 2021):

- Radial Tire
- Bias Tire

By market type (Value $ Million from 2010 to 2021):

- OEMs
- Retrofit

By aircraft type (Value $ Million from 2010 to 2021):

- Commercial Aircraft
- Regional Aircraft
- General Aviation
- Military Aircraft
- Helicopter

By region (Value $ Million from 2010 to 2021):

- North America
- Europe
- Asia Pacific
- Rest of World

Michelin, Goodyear Tire and Rubber Co., Bridgestone, and Dunlop Aircraft Tire are among the major manufacturers of aerospace tires. Most of the aircraft tire manufactures are expanding their markets to APAC region to capture the growth opportunity in this region. Dunlop Aircraft Tyres opened a new tire distribution and retreading facility in China.

Lucintel predicts that the demand for radial tire is likely to experience the highest growth in the forecast period due to more durability and light weight, which increases life span of the aircraft tire. In this market, radial and bias tire are the two types of tires.
 
Within the aerospace tire industry, commercial aircraft is expected to remain the largest market during forecast period due to increase in deliveries of commercial aircraft and increase in the frequency of flights.

By market type, retrofit market is expected to remain the largest market during forecast period due to increase in the frequency of flights.
 
North America is expected to remain the largest market during the forecast period due to the increase in aircraft deliveries and rise in the frequency of flights because of increase in passenger traffic. APAC is expected to grow with the highest CAGR during the forecast period due to increasing demand of new aircraft and introduction of new airlines in this region as the passenger traffic is expected to rise in the forecast period which will increase the demand for aircraft tires.
 
This report answers following 10 key questions:
 
Q.1. What are some of the potential, high-growth opportunities for global aerospace tire industry by tire type, market type, aircraft type and region?
Q.2. Which product /segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges in this market?
Q.5. What are the business risks and threats of this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are being implemented by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
 
Some of the features of “Growth Opportunity in Global Aerospace Tire Industry 2016-2021: Trends, Forecast, and Opportunity Analysis” include:

- Market size estimates: Global aerospace tire industry size estimation in value ($M) shipment.
- Trend and forecast analysis: Global aerospace tire industry trend (2010-2015) and forecast (2016-2021) by region and segment.
- Segmentation analysis: Global aerospace tire industry size by various tire types such as bias tire and radial tire and by various aircraft types such as commercial aircraft, helicopter, general aviation, regional aircraft, military aircraft in terms of value shipment.
- Regional analysis: Global aerospace tire industry breakdown by key regions such as North America, Europe, Asia Pacific and Rest of World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions.
- Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of tire suppliers in global aerospace tire industry.
- Emerging Trends: Emerging trends of global aerospace tire industry in various markets
Table of Contents

1. Executive Summary
 
2. Industry Background and Classifications
2.1: Introduction
2.1.1: Global Aerospace Industry
2.2: Global Aerospace Tire Industry
2.2.1: Aircraft Tire Function
2.2.2: Aircraft Tire Types
2.2.3: New Tire Identification Markings
2.2.4: Difference between Aerospace Tire and Other Type of Tires
2.3: Supply Chain
 
3. Market Trend and Forecast Analysis
3.1: Market Analysis 2015
3.1.1: Global Aerospace Tire Industry
3.1.2: Global Aerospace Tire Industry by Tire Type
3.1.3: Global Aerospace Tire Industry by Market Type
3.1.4: Global Aerospace Tire Industry by Aircraft Type
3.1.5: Global Aerospace Tire Industry by Region
3.2: Market Trends from 2010 to 2015
3.2.1: Macroeconomic Trends
3.2.2: Global Aerospace Tire Industry Trend
By tire type (Value $ Million from 2010 to 2021):
- Radial Tire
- Bias Tire
By market type (Value $ Million from 2010 to 2021):
- OEMs
- Retrofit
By aircraft type (Value $ Million from 2010 to 2021):
- Commercial Aircraft
- Regional Aircraft
- General Aviation
- Military Aircraft
- Helicopter
3.2.3: Global Aerospace Tire Industry Trend by Tire Type
3.2.4: Global Aerospace Tire Industry Trend by Market Type
3.2.5: Global Aerospace Tire Industry Trend by Aircraft Type
3.2.6 Global Aerospace Tire Industry Trend by Region
3.2.7: Industry Drivers and Challenges
3.3: Market Forecast from 2016 to 2021
3.3.1: Macroeconomic Forecast
3.3.2: Global Aerospace Tire Industry Forecast
By tire type (Value $ Million from 2010 to 2021):
- Radial Tire
- Bias Tire
By market type (Value $ Million from 2010 to 2021):
- OEMs
- Retrofit
By aircraft type (Value $ Million from 2010 to 2021):
- Commercial Aircraft
- Regional Aircraft
- General Aviation
- Military Aircraft
- Helicopter
3.3.3: Global Aerospace Tire Industry Forecast by Tire Type
3.3.4: Global Aerospace Tire Industry Forecast by Market Type
3.3.5: Global Aerospace Tire Industry Forecast by Aircraft Type
3.3.6: Global Aerospace Tire Industry Forecast by Region
 
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Geographical Reach
4.3: Operational Integration
4.4: Porter’s Five Forces Analysis
 
5. Growth Opportunities and Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities in the Global Aerospace Tire Industry by Tire Type
5.1.2: Growth Opportunities in the Global Aerospace Tire Industry by Market Type
5.1.3: Growth Opportunities in the Global Aerospace Tire Industry by Aircraft Type
5.1.4: Growth Opportunities in the Global Aerospace Tire Industry by Region
5.2: Emerging Trends in Global Aerospace Tire Industry
5.3: Strategic Analysis
5.3.1: Innovations and New Product Development
5.3.2: Expansion Strategy
5.2.3: Product-Market Growth Matrix for Aerospace Tire in Aerospace Industry
 
6. Company Profiles for Leading Players

List of Figures

Chapter 2. Industry Background and Classifications
Figure 2.1: Classification of Aerospace Industry according to Aircraft Type
Figure 2.2: Aircraft Tires
Figure 2.3: Classification of Aircraft Tire Types
Figure 2.4: Bridgestone Aircraft Tire
Figure 2.5: Michelin Aircraft Tires
Figure 2.6: Tire Serial Numbers Explained
Figure 2.7: Supply Chain of Aerospace Tire Industry
 
Chapter 3. Market Trend and Forecast Analysis
Figure 3.1: Global Aerospace Tire Industry Distribution (%) by Tire Type: 2015
Figure 3.2: Global Aerospace Tire Industry Distribution ($M) by Tire Type: 2015
Figure 3.3: Global Aerospace Tire Industry Distribution (%) by Market Type: 2015
Figure 3.4: Global Aerospace Tire Industry Distribution ($M) by Market Type: 2015
Figure 3.5: Global Aerospace Tire Industry Distribution (%) by Aircraft Type: 2015
Figure 3.6: Global Aerospace Tire Industry Distribution ($M) by Aircraft Type: 2015
Figure 3.7: Global Aerospace Tire Industry Distribution (%) by Region: 2015
Figure 3.8: Global Aerospace Tire Industry Distribution ($M) by Region: 2015
Figure 3.9: Global GDP Growth Rate Trend 2010-2015
Figure 3.10: Trends of Global Passenger Traffic Growth (Billion RPK) from 2010 to 2015
Figure 3.11: Trend in Commercial Aircraft Deliveries for Boeing and Airbus
Figure 3.12: External Forces Shaping Growth Aerospace Tire Industry
Figure 3.13: Global Aerospace Tire Industry Trends from 2010 to 2015
Figure 3.14: Global Aerospace Tire Industry ($M) Trends by Tire Type from 2010 to 2015
Figure 3.15: Global Aerospace Tire Industry Trends ($M) by Market Type from 2010 to 2015
Figure 3.16: Global Aerospace Tire Industry Trends ($M) by Aircraft Type from 2010 to 2015
Figure 3.17: Global Aerospace Tire Industry Trends ($M) by Region from 2010 to 2015
Figure 3.18: Drivers and Challenges of Global Aerospace Tire Market
Figure 3.19: Forecast of Global GDP Growth Rate 2016-2021
Figure 3.20: Commercial Aircraft Deliveries Forecast from 2016-2021
Figure 3.21: Global Aerospace Tire Industry Forecast ($M) from 2016 to 2021
Figure 3.22: Global Aerospace Tire Industry Forecast ($M) by Tire Type from 2016 to 2021
Figure 3.23: Global Aerospace Tire Industry Forecast ($M) by Market Type from 2016 to 2021
Figure 3.24: Global Aerospace Tire Industry Forecast ($M) by Aircraft Type from 2016 to 2021
Figure 3.25: Global Aerospace Tire Industry Forecast ($M) by Region from 2016 to 2021
 
Chapter 4. Competitor Analysis
Figure 4.1: Geographical Mapping of Major Global Aerospace Tire Suppliers
Figure 4.2: Market Coverage of Aerospace Tire Manufacturers in Global Aerospace Tire Industry
Figure 4.3: Porter’s Five Forces Analysis for Global Aerospace Tire Industry
 
Chapter 5. Growth Opportunities and Strategic Analysis
Figure 5.1: Growth Opportunities in Global Aerospace Tire Industry by Tire Type
Figure 5.2: Growth Opportunities in Global Aerospace Tire Industry by Segment Type
Figure 5.3: Growth Opportunities in Global Aerospace Tire Industry by Aircraft Type
Figure 5.4: Growth Opportunities in Global Aerospace Tire Industry by Region
Figure 5.5: Emerging Trends in Global Aerospace Tire Industry
Figure 5.6: Competitors Focus Area of Competitiveness during Last Two Years
Figure 5.7: Strategic Initiatives by Major Competitors in 2014
Figure 5.8: Analysis of Business expansion strategies of competitors: Ansoff Matrix
Figure 5.9: Product- Market Strategy for Aerospace Tire in the Global Aerospace Industry

List of Tables

Chapter 1. Executive Summary
Table 1.1:  Global Aerospace Tire Industry Parameters and Attributes
 
Chapter 2. Industry Background and Classifications
Table 2.1: Aerospace Tire V/S Automotive Tire
 
Chapter 3. Market Trend and Forecast Analysis
Table 3.1: Market Trends in Global Aerospace Tire Industry from 2010 to 2015
Table 3.2: Average Growth Rates in Global Aerospace Tire Industry for One, Three, and Five Years in Terms of $ Million
Table 3.3: Market Size ($M) and 2014-2015 Growth Rates in Global Aerospace Tire Industry by Tire Type
Table 3.4: Market Size ($M) and Compound Annual Growth Rate 2010-2015 in Global Aerospace Tire Industry by Tire Type
Table 3.5: Market Size ($M) and 2014-2015 Growth Rates in Global Aerospace Tire Industry by Market Type
Table 3.6: Market Size ($M) and Compound Annual Growth Rate 2010-2015 in Global Aerospace Tire Industry by Market Type
Table 3.7: Market Size ($M) and 2014-2015 Growth Rates in Global Aerospace Tire Industry by Aircraft Type
Table 3.8: Market Size ($M) and Compound Annual Growth Rate 2010-2015 in Global Aerospace Tire Industry by Aircraft Type
Table 3.9: Market Size ($M) and 2014-2015 Growth Rates in Global Aerospace Tire Industry by Region
Table 3.10: Market Size ($M) and Compound Annual Growth Rate 2010-2015 in Global Aerospace Tire Industry by Region
Table 3.11: Market Forecast in Global Aerospace Tire Industry from 2016 to 2021
Table 3.12: Average Growth Rates in Global Aerospace Tire Industry for One, Three, and Five Years in Terms of $ Million
Table 3.13: Market Size ($M) and 2015-2016 Growth Rates in Global Aerospace Tire Industry by Tire Type
Table 3.14: Market Size ($M) and Compound Annual Growth Rate 2016-2021 in Global Aerospace Tire Industry by Tire Type
Table 3.15: Market Size ($M) and 2015-2016 Growth Rates in Global Aerospace Tire Industry by Segment Type
Table 3.16: Market Size ($M) and Compound Annual Growth Rate 2016-2021 in Global Aerospace Tire Industry by Segment Type
Table 3.17: Market Size ($M) and 2015-2016 Growth Rates in Global Aerospace Tire Industry by Aircraft Type
Table 3.18: Market Size ($M) and Compound Annual Growth Rate 2016-2021 in Global Aerospace Tire Industry by Aircraft Type
Table 3.19: Market Size ($M) and 2015-2016 Growth Rates in Global Aerospace Tire Industry by Region
Table 3.20: Market Size ($M) and Compound Annual Growth Rate 2016-2021 in Global Aerospace Tire Industry by Region
 
Chapter 4. Competitor Analysis
Table 4.1: Product Mapping of Aerospace Tire Manufacturers Based on Aircraft Type
Table 4.2: Product Mapping of Aerospace Tire Manufacturers Based on Tire Type
Table 4.3: Presence of Aerospace Tire Manufacturers across the Value Chain
 
Chapter 5. Growth Opportunities and Strategic Analysis
Table 5.1: New Product Launches by the Players in Global Aerospace Tire Industry
Table 5.2: New Product Attractiveness Rating for Different Products by Lucintel
Table 5.3: Capability Enhancement Activities by Competitors (2010-2015)
Table 5.4: Segmentation of Strategic Initiatives by Major Players in 2014
Table 5.5: Types of Market Expansion Activities by Competitors

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