Global Commercial Aircraft Wheels Market Insights and Forecast to 2028

Commercial Aircraft Wheels Market Statistics 2028

Due to the COVID-19 pandemic, the global Commercial Aircraft Wheels market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. 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. Fully considering the economic change by this health crisis, Main Wheel accounting for % of the Commercial Aircraft Wheels global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Narrow Body Aircraft segment is altered to an % CAGR throughout this forecast period. China Commercial Aircraft Wheels market size is valued at US$ million in 2021, while the US and Europe Commercial Aircraft Wheels are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Commercial Aircraft Wheels landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. The global key manufacturers of Commercial Aircraft Wheels include Safran, UTC, Meggit, Honeywell and Parker Hannifin, etc. In 2021, the global top five players have a share approximately % in terms of revenue. In terms of production side, this report researches the Commercial Aircraft Wheels capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028. In terms of sales side, this report focuses on the sales of Commercial Aircraft Wheels by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Commercial Aircraft Wheels Market Segments

Commercial Aircraft Wheels market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Commercial Aircraft Wheels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment By Type

• Main Wheel
• Nose Wheel

Segment By Application

• Narrow Body Aircraft
• Wide Body Aircraft

Segment By Company

• Safran
• UTC
• Meggit
• Honeywell
• Parker Hannifin

Production By Region 

• North America
• Europe
• China
• Japan

Consumption By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E