Aerospace and Defense Wheel Market Report
This report, from Stratview Research, studies the aerospace and defense wheel market over the period 2010 to 2021. 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 Global Aerospace and Defense Wheel Market: Highlights
The global aerospace and defense wheel market offers a good growth opportunity and is likely to grow at 5.0% CAGR during the forecast period of 2016 to 2021. 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.
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.
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.
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, and Mitsubishi Heavy Industries and key airlines are Lufthansa, Delta Air, Air China, and 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), and 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.
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 more than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in the all four regions and industry experts are usually executed to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
The aerospace and defense wheel market is segmented into the following categories.
Global Aerospace and Defense Wheel Market by Aircraft Type:
Global Aerospace and Defense Wheel Market by End Use Type:
Global Aerospace and Defense Wheel Market by Region:
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