Global Aircraft Tires Market Outlook (2024–2033): Trends, Growth, and Strategic Insights
The Global Aircraft Tires Market was valued at USD 1.6 billion in 2023 and is expected to reach USD 2.3 billion by 2033, growing at a CAGR of 3.5%. This moderate yet steady growth is driven by increased air traffic, fleet expansion, and rising aircraft production. Commercial aviation growth and increased defense budgets have amplified the demand for reliable, high-performance tires. Frequent replacements due to wear, safety norms, and the push for lightweight, durable materials are further supporting market demand. Technological advances in tire design and predictive maintenance are playing a key role in improving operational efficiency.
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