Deerfield Beach, FL -- (SBWIRE) -- 04/15/2016 -- About Aircraft Tire After market
The global aircraft tire vendors manufacture and distribute aircraft tires to two segments — OEMs and after market. The OEMs segment mainly includes aircraft manufacturers that purchase tires for newly built aircraft. The after market segment consists of fleet owners and maintenance companies that purchase tires to replace the worn-out tires from aircraft that are already in operation.

Compared to the after market segment, the OEMs segment contributes a smaller share to the overall market revenue. This is due to the slow growth in global fleets and the once-in-a-lifetime purchase of an aircraft. On the other hand, the after market segment dominates the market due to higher demand for aircraft tire replacement to ensure passenger safety.

Global aircraft tire after Market to grow at a CAGR of 5.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global aircraft tire after market for 2016-2020.

The market is divided into the following segments based on geography:
- North America
- APAC
- Europe
- ROW

Global Aircraft Tire After market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
- Bridgestone
- Michelin
- Goodyear

Other independent dealers
- Aircraft Spruce and Specialty
- Avioparts
- Chief Aircraft
- Desser Tire and Rubber
- KADEX Aero Supply
- Specialty Tires of America

Market driver
- Increase in disposable income
- For a full, detailed list, view our report

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Market challenge
- Volatile raw material prices
- For a full, detailed list, view our report

Market trend
- Growing MRO business in emerging markets
- For a full, detailed list, view our report