Asia-Pacific Aircraft Tires Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Aircraft Tires Industry Overview

The aircraft tire market in Asia-Pacific is consolidated, with players such as Bridgestone Corporation, Michelin Group, Goodyear Tire & Rubber Company, Wilkerson Company Inc., and Dunlop Aircraft Tyres Limited dominating the market. The aforementioned players provide aircraft tires to major commercial, military, and general aviation aircraft programs of aircraft OEMs like Airbus, Boeing, and Lockheed Martin Corporation. However, MRF Limited is expected to increase its share in the market due to increasing demand for new-generation aircraft like COMAC C919 and Tejas aircraft programs in the coming years. The retreated aircraft tire manufacturers in the market also cater to the retrofit requirements of the airlines and charter service providers in the region. The implementation of advanced technologies, such as monitoring through sensors, predictive maintenance using artificial intelligence, and digitalization, also help the companies increase their presence in the region.