Global Commercial Aircraft Wheels Market 2019-2023
- Published: Dec 2018
- Pages: 133
- SKU: IRTNTR30480
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The commercial aircraft wheels market size will grow by about USD 593 million during 2019-2023. This report offers an analysis of the market based on application (narrow body aircraft, wide-body aircraft, and regional jets). The commercial aircraft wheels market research report further presents in-depth insights into the growth prospects of the market across geographic regions - the Americas, APAC, and EMEA. The report analyzes the market’s competitive landscape and offers information on several commercial aircraft wheel companies including Héroux-Devtek, Honeywell International, LIEBHERR, Meggitt, Safran, and United Technologies.
Below are some of the key findings from the commercial aircraft wheels industry analysis
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Global commercial aircraft wheels industry overview
Commercial aircraft wheels industry growth is expected to rise over the next five years, driven by the growing demand for commercial aircraft across the globe. The global commercial aviation industry is expanding rapidly in tandem with increasing air traffic at both international and domestic levels. Several emerging economies from the APAC region are driving the growth of the commercial aviation market, owing to the surge in domestic and international air travel which is boosting the demand for narrow-body aircraft. Factors such as improving socio-economic conditions and social infrastructure coupled with high demand from Tier-2 and Tier-3 cities and increased affordability of traveling by air are expected to boost the growth of commercial aviation in APAC countries.
The demand for wide-body aircraft is also forecasted to rise significantly over the next five years, especially in the Middle-East, which will fuel the growth of the global commercial aircraft wheels market. With rapid technological advancements, high-performance magnesium alloys are being increasingly used to enhance the structural rigidity and lower the weight of aircraft wheels. The greater use of high-performance magnesium alloys in aircraft wheel manufacturing will drive the commercial aircraft wheels market to grow at a CAGR of close to 4% during the forecast period.
Top commercial aircraft wheel companies covered in this market research report
The commercial aircraft wheels market is reasonably fragmented. Many established commercial aircraft wheel companies are vying for their share of the global commercial aircraft wheels market, and the new players must differentiate themselves to gain vital traction over their peers. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this commercial aircraft wheels industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies for improving their share in the market.
The report offers a complete analysis of various commercial aircraft wheel manufacturers including:
- Honeywell International
- United Technologies
Commercial aircraft wheels market segmentation based on geographic regions
With a complete study of the growth opportunities for the commercial aircraft wheel companies, our industry research analysts have estimated the Americas will contribute to the highest growth of this market throughout the forecast period. The presence of the US, one of the largest aviation markets in the world with considerable demand for domestic and international air travel is one of the primary reasons for high growth of the commercial aircraft wheels market in this region.
Commercial aircraft wheels market segmentation based on application type
- Narrow body aircraft
- Wide body aircraft
- Regional jets
The narrow body aircraft application segment will account for the largest share in the commercial aircraft wheels market. Additionally, the report also provides an accurate prediction of the contribution of the various product segments to the growth of the commercial aircraft wheels market size.
Key highlights of the global commercial aircraft wheels market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the commercial aircraft wheels market during the next five years
- Precise estimation of the global commercial aircraft wheels market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the commercial aircraft wheels industry across various geographies such as the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of commercial aircraft wheel companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Narrow-body aircraft - Market size and forecast 2018-2023
- Wide-body aircraft - Market size and forecast 2018-2023
- Regional jets - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Developments in aircraft wheels designs
- Development of new landing gear concept
- Greater application of 3D manufacturing techniques
PART 11: VENDOR LANDSCAPE
- Landscape disruption
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Honeywell International
- UNITED TECHNOLOGIES
PART 13: APPENDIX
- Research methodology
- List of abbreviations
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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