Aircraft Tire Market 2024: Trends, Analysis, & Future Directions
The aircraft tire market is a critical component of the aviation industry, supporting the operational safety and performance of a wide range of aircraft. Aircraft tires are designed to endure extreme conditions during take-off, landing, and taxiing, requiring exceptional durability, strength, and heat resistance.Â
| Aircraft Tire Market Statistics (2024) | Predictions and Insights | Source |
|---|---|---|
| 1. In 2023, the US imported rubber and aircraft tires worth 156 million USD. | This reflects the country’s significant demand for new and retreaded tires to support its large commercial and military aviation fleets. | Contact us to view the source. |
| 2. China exported aircraft tires worth 14.1 million USD in 2023. | This highlights its growing role as a key supplier in the global aviation tire market, driven by its expanding manufacturing capabilities and competitive pricing. | Contact us to view the source. |
| 3. In 2023, global passenger traffic continued rebounding from the COVID-19 pandemic, with around 4.5 billion passengers traveling worldwide. | This fuels increased demand for aircraft tires due to higher flight frequencies, accelerated tire wear, and more frequent maintenance cycles across commercial fleets. | Contact us to view the source. |
Aircraft Tire Market – Key Takeaways
The aircraft tire market is on a robust growth trajectory, driven by expanding global air traffic, increased aircraft production, and the rising importance of fuel efficiency and cost-effective maintenance solutions. With strong contributions from both commercial and military sectors, the aircraft tire market will remain a vital element in ensuring aviation safety and operational efficiency.