Aerospace and Defense Wheel Market to Grow at 5.0% CAGR during 2016 to 2021
Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Aerospace and Defense Wheel Market to Grow at 5.0% CAGR during 2016 to 2021

    (Transportation-News.com, February 01, 2019 )
    Stratview Research has published a new research report on Aerospace and Defense Wheel Market. This extensive report by Stratview Research analyses the growth of Aerospace and Defense Wheel Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021 under the following segments -
    ● by Aircraft Type (Commercial Aircraft, Regional Aircraft, and Others)
    ● by End-use Type (OEM and Aftermarket)
    ● and by Region (North America, Europe, Asia-Pacific, and RoW)

    Go through the detailed scope: https://www.stratviewresearch.com/toc/112/aerospace-and-defense-wheel-market.html

    Or

    Get a free sample of the report: https://www.stratviewresearch.com/toc/112/aerospace-and-defense-wheel-market.html

    OEM and aftermarket segments to offer healthy opportunity in the market

    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 aerospace and defense wheel market.
    Commercial aircraft is expected to remain growth engine of the 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 to remain the largest market

    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.

    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.

    Top market players

    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.

    Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research.

    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC