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Global Aircraft Wheels Sales Market Report 2023
SKU ID : QYR-22289693 | Publishing Date : 02-Jan-2023 | No. of pages : 120
Market Analysis and Insights: Global Aircraft Wheels Market
Aircraft wheels are an important component of a landing gear system. With tires mounted upon them, they support the entire weight of the aircraft during taxi, takeoff, and landing. The typical aircraft wheel is lightweight, strong, and made from aluminum alloy. Some magnesium alloy wheels also exist. Early aircraft wheels were of single piece construction, much the same as the modern automobile wheel. As aircraft tires were improved for the purpose they serve, they were made stiffer to better absorb the forces of landing without blowing out or separating from the rim. Stretching such a tire over a single piece wheel rim was not possible. A two-piece wheel was developed. Early two-piece aircraft wheels were essentially one-piece wheels with a removable rim to allow mounting access for the tire. These are still found on older aircraft. Later, wheels with two nearly symmetrical halves were developed. Nearly all modern aircraft wheels are of this two piece construction.
Due to the COVID-19 pandemic, the global Aircraft Wheels market size is estimated to be worth US$ 62 million in 2022 and is forecast to a readjusted size of US$ 78 million by 2029 with a CAGR of 3.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Main Wheel accounting for % of the Aircraft Wheels global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Civil Aircraft segment is altered to an % CAGR throughout this forecast period.
Safran, UTC, Meggitt, Honeywell and Parker Hannifin are the leaders of the Aircraft Wheels industry, which take about 75% market share. Asia Pacific is the major region of the global market, which takes about 35% market share.
Global Aircraft Wheels Scope and Market Size
The global Aircraft Wheels market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Aircraft Wheels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Main Wheel
Nose Wheel
Segment by Application
Civil Aircraft
Military Aircraft
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Safran
UTC
Meggit
Honeywell
Parker Hannifin
Aircraft wheels are an important component of a landing gear system. With tires mounted upon them, they support the entire weight of the aircraft during taxi, takeoff, and landing. The typical aircraft wheel is lightweight, strong, and made from aluminum alloy. Some magnesium alloy wheels also exist. Early aircraft wheels were of single piece construction, much the same as the modern automobile wheel. As aircraft tires were improved for the purpose they serve, they were made stiffer to better absorb the forces of landing without blowing out or separating from the rim. Stretching such a tire over a single piece wheel rim was not possible. A two-piece wheel was developed. Early two-piece aircraft wheels were essentially one-piece wheels with a removable rim to allow mounting access for the tire. These are still found on older aircraft. Later, wheels with two nearly symmetrical halves were developed. Nearly all modern aircraft wheels are of this two piece construction.
Due to the COVID-19 pandemic, the global Aircraft Wheels market size is estimated to be worth US$ 62 million in 2022 and is forecast to a readjusted size of US$ 78 million by 2029 with a CAGR of 3.3% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Main Wheel accounting for % of the Aircraft Wheels global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Civil Aircraft segment is altered to an % CAGR throughout this forecast period.
Safran, UTC, Meggitt, Honeywell and Parker Hannifin are the leaders of the Aircraft Wheels industry, which take about 75% market share. Asia Pacific is the major region of the global market, which takes about 35% market share.
Global Aircraft Wheels Scope and Market Size
The global Aircraft Wheels market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Aircraft Wheels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Main Wheel
Nose Wheel
Segment by Application
Civil Aircraft
Military Aircraft
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Safran
UTC
Meggit
Honeywell
Parker Hannifin
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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