Los Angeles, CA -- (SBWIRE) -- 01/08/2019 -- Global Aircraft Wheels market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player's various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail information about various clients which is the most significant element for the manufacturers.

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.

The global average price of aircraft wheels is stable from 2012 to 2016. With the change of global economy and raw material price, aircraft wheels prices will be in slowly decreasing trend in the following five years.

Market competition is very intense. Safran, UTC, Meggitt, Honeywell, and Parker Hannifin are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

The Aircraft Wheels market was valued at 54 Million US$ in 2017 and is projected to reach 71 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aircraft Wheels.

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This report includes the following manufacturers; we can also add the other companies as you want.

Safran

UTC

Meggit

Honeywell

Parker Hannifin

Market Segment by Product Type

Main Wheel

Nose Wheel

Market Segment by Application

Civil Aircraft

Military Aircraft

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