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Global Aircraft Wheels Market Development and Trends Forecasts 2025

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Micheal Smith
Global Aircraft Wheels Market Development and Trends Forecasts 2025

This report presents the worldwide Aircraft Wheels market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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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The following manufacturers are covered in this report:

  • Safran
  • UTC
  • Meggit
  • Honeywell
  • Parker Hannifin

Aircraft Wheels Breakdown Data by Type

  • Main Wheel
  • Nose Wheel

Aircraft Wheels Breakdown Data by Application

  • Civil Aircraft
  • Military Aircraft

Aircraft Wheels Production by Region

  • United States
  • Europe
  • China
  • Japan
  • Other Regions

Browse the complete report @ http://www.orbisresearch.com/reports/index/global-aircraft-wheels-market-insights-forecast-to-2025

The study objectives are:

  • To analyze and research the global Aircraft Wheels status and future forecast?involving, production, revenue, consumption, historical and forecast.
  • To present the key Aircraft Wheels manufacturers, production, revenue, market share, and recent development.
  • To split the breakdown data by regions, type, manufacturers and applications.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends, drivers, influence factors in global and regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Aircraft Wheels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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