Aircraft Tires Market Size, Share, Growth Analysis, By Type (Radial-ply Tires, Bias-ply Tires), By Aircraft Type (Commercial Aviation, Military Aviation), By Platform, By Position, By Application, By End User, By Region - Industry Forecast 2025-2032

Global Aircraft Tires Market size was valued at USD 2.6 billion in 2023 and is poised to grow from USD 2.74 billion in 2024 to USD 4.21 billion by 2032, growing at a CAGR of 5.5% during the forecast period (2025-2032).

The global Aircraft Tires market is experiencing robust growth fueled by the rising global economy and a marked increase in air travel demand, particularly for low-cost options. This surge has led airlines to operate more daily flights, consequently elevating the need for aircraft tires. Additionally, heightened passenger safety concerns and a steady uptick in air travel have significantly increased tire replacement rates. The entry of new airlines into the commercial aviation market, along with substantial government support and a strong demand for military aircraft, including UAVs, further propels the industry. To capitalize on these trends and meet escalating demand, major corporations are strategically investing in production capacity, ensuring the aircraft tire industry's continued expansion in the coming years.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Aircraft Tires market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Aircraft Tires Market Segmental Analysis

Global Aircraft Tires Market is segmented by Type, Aircraft Type, Platform, Position, Application, End User and region. Based on Type, the market is segmented into Radial-ply Tires and Bias-ply Tires. Based on Aircraft Type, the market is segmented into Commercial Aviation, Military Aviation and Business and General Aviation. Based on Platform, the market is segmented into Fixed-wing aircraft and Rotary-wing aircraft. Based on Position, the market is segmented into Main-landing Tire and Nose-landing Tire. Based on Application, the market is segmented into Commercial Aircraft and Non-Commercial Aircraft. Based on End User, the market is segmented into OEMs, Replacement and Retreading. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Global Aircraft Tires Market

The Global Aircraft Tires market is primarily driven by the surging demand for air travel, a trend that is being propelled by economic growth and increasing globalization. As more individuals opt for air travel due to its convenience and efficiency, the number of passengers taking to the skies continues to rise. This escalation in air travel directly correlates with an increased requirement for commercial aircraft, subsequently intensifying the demand for high-quality aviation tires. Consequently, the growth of the aviation sector is creating substantial opportunities for manufacturers in the aircraft tires market, highlighting the pivotal role this industry plays in supporting global air transport.

Restraints in the Global Aircraft Tires Market

The Global Aircraft Tires market faces several restraints, one of which is the volatility of fuel prices. The aviation sector is particularly sensitive to changes in fuel costs; when prices increase, airlines often encounter financial challenges that compel them to find ways to cut expenses. This cost-cutting mentality can result in a reluctance to invest in new aircraft tires or postpone necessary tire replacements. Consequently, these fluctuations in fuel prices can have a ripple effect on the demand for aircraft tires, hindering market growth and influencing the overall dynamics within the aviation industry.

Market Trends of the Global Aircraft Tires Market

The Global Aircraft Tires market is witnessing a significant trend toward the increasing demand for fuel-efficient tires, driven by the aviation industry's commitment to sustainability and cost reduction. Airlines are prioritizing tires that enhance fuel efficiency, reduce rolling resistance, and optimize performance, aligning with environmental regulations and initiatives to lower carbon footprints. Innovations in tire technology and materials are enabling manufacturers to create lighter, more durable options that improve aircraft performance. As airlines seek to balance operational costs with sustainability goals, the shift towards fuel-efficient aircraft tires is poised to reshape market dynamics and influence purchasing decisions across the sector.