Aerospace And Defense Wheel Market Report

Market Insights

The global aerospace and defense wheel market offers a good growth opportunity and is likely to grow at >5% CAGR during the forecast period of 2020 to 2025. Increasing passenger traffic, increasing commercial aircraft deliveries, growing aircraft fleet size, increase in share of wide body aircraft, etc. are some of the key growth drivers of the global aerospace and defense wheel market.

Segments' Analysis

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Aerospace and Defense Wheel Market Share by Aircraft Type

Commercial aircraft is expected to remain growth engine of the global aerospace and defense wheel market during the forecast period. Both OEM and aftermarket segments are likely to offer healthy opportunity in the next five years.

Regional Insights

North America is expected to remain the largest market for wheels due to manufacturing base of largest commercial OEM, Boeing and increasing retrofit market. However, during the next five years, Asia Pacific is expected to grow at the highest rate.

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Market Scope & Segmentation

The market is segmented in the following ways:

Aerospace and Defense Wheel Market Size, Share & Forecast by Aircraft Type:

• Commercial Aircraft
• Regional Aircraft
• General Aviation
• Military Aircraft and Others

Aerospace and Defense Wheel Market Size, Share & Forecast by End-Use Type:

• OEM
• Aftermarket

Aerospace and Defense Wheel Market Size, Share & Forecast by Region:

• North America
• Europe
• Asia-Pacific
• Rest of the World

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Key Players

The supply chain of this market comprises raw material suppliers, wheel manufacturers, distributors, Aircraft OEMs, and Airlines.

The key aerospace OEMs are-

• Boeing
• Airbus
• Bombardier
• Embraer
• ATR
• Mitsubishi Heavy Industries

and key airlines are-

• Lufthansa
• Delta Air
• Air China
• Singapore Airlines.

The global aerospace and defense wheel market is a highly consolidated market.

The key wheel manufacturers are-

• Meggitt Aircraft Braking Systems
• Honeywell Aerospace
• Parker
• Safran Landing Systems (Messier-Buggatti-Dowty)
• UTC Aerospace Systems.

New product development, regional expansion, and long term contacts are the key strategies adopted by the key players to gain competitive edge in the market.

Research Methodology

For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

Report Features

This report, from Stratview Research, studies the aerospace and defense wheel market over the period 2014 to 2025. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3)
• SWOT analysis of key players (up to 3)

Regional Segmentation

• Current market segmentation of any one of the regions by end use type

Competitive Benchmarking

• Benchmarking of the top 3 competitors on product portfolio, application presence, strategic alliances, and new product development

Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your enquiry at sales@stratviewresearch.com.