Aerospace Industry Today

Aerospace Wheel Market is likely to grow at 5.0% CAGR during the forecast period.

This report, from Stratview Research, studies the aerospace and defense wheel market over the period 2010 to 2021.
Published 24 April 2019
Launching announcement of a new research report on Aerospace Wheel Market which is projected to grow at 5.0% CAGR by 2021- forecasted by Stratview Research. The study provides an in-depth analysis by Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aircraft, and Military Aircraft), by End Use (OEM, Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2016 – 2021.

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Aerospace and Defense Wheel Market: Highlights

The 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.

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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 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.

Report Features

The report provides diverse market intelligence with maximum business value.  It gives a condemnatory understanding of the market dynamics and enables strategic decision making for the existing market players as well as those willing to enter the market.  The key features include the
->industry life cycle and the supply chain analysis of the market structure.
->SWOT analysis, Porter's five forces analysis and Growth Drivers and constraints.
->Market trend and the forecast analysis.
->Forecast of the market segment trend.
->Competitive landscape and dynamics of Market share, product portfolio, product launches, etc.
->Emerging trends of attractive market segments and associated growth opportunities
->Strategic growth opportunities for the existing and new players.
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Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

We have a strong, experienced team of industry veterans and research analysts with a perfect blend of wisdom, knowledge and attitude. We have been serving multiple clients across a wide array of industries.

Our services cover a broad spectrum of industries including Energy, Chemicals, Advanced Materials, Automotive, and Aerospace. We provide research services at the global, regional as well as country level; key regions include Europe, APAC, NA, MEA, RoW.

We are a trusted brand in the research industry with the capability of commissioning complex projects within a short span of time with a high level of accuracy. At Stratview, we believe in building long-term relations with our clients.

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