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Fior Markets has launched a report namely Global Aircraft Wheels Market Growth 2019-2024 which contains all analytical and statistical brief summary regarding market summary, growth, demand, and forecast analysis.

Aircraft wheels are an important component of a landing gear system. With tires mounted upon them, they support the entire weight of the aircraft during taxi, takeoff, and landing. The typical aircraft wheel is lightweight, strong, and made from aluminum alloy. Some magnesium alloy wheels also exist. Early aircraft wheels were of single piece construction, much the same as the modern automobile wheel. As aircraft tires were improved for the purpose they serve, they were made stiffer to better absorb the forces of landing without blowing out or separating from the rim. Stretching such a tire over a single piece wheel rim was not possible. A two-piece wheel was developed. Early two-piece aircraft wheels were essentially one-piece wheels with a removable rim to allow mounting access for the tire. These are still found on older aircraft. Later, wheels with two nearly symmetrical halves were developed. Nearly all modern aircraft wheels are of this two piece construction.

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The global average price of aircraft wheels is stable from 2012 to 2016. With the change of global economy and raw material price, aircraft wheels prices will be in slowly decreasing trend in the following five years.

Market competition is very intense. Safran, UTC, Meggitt, Honeywell, and Parker Hannifin are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

According to this study, over the next five years the Aircraft Wheels market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 67 million by 2024, from US$ 54 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Aircraft Wheels business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Aircraft Wheels market by product type, application, key manufacturers and key regions and countries.

The factors relevant to the contenders in the market includes business synopsis, product/service contributions, manufacturing capacity, process, income details, SWOT analysis, new product launches, partnership, and acquisitions. The detailed segmentation by players, product type, application, and regions. Additionally, industry growth analysis and futuristic cost, revenue, demand and supply data have also been covered in the report. Major companies covered in the market report are: Safran, UTC, Meggit, Honeywell, Parker Hannifin

On the basis of product, this report displays the production, revenue, price, market share, and growth rate of each type, primarily split into: Main Wheel, Nose Wheel

On the basis of the end users/applications, this market report focuses on the status and outlook for major applications/end users, consumption (sales), industry share and growth rate for each application, including: Civil Aircraft, Military Aircraft

An exhaustive comprehension of industry variable, market dynamics, regulatory policies, industrial environment, possible threats in the market is added in this report to help players make effective business plans and make informed decisions for their business. The economy, past and emerging trend of industry are highlighted in the report. The overall data was derived from authentic and reliable sources and then verified by industry experts and other professionals in the market.

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Key Reasons To Purchase The Aircraft Wheels Market Report:

  • Get deep analysis of the market and have a complete understanding of the market and its commercial landscape.
  • Inspect the driving factors and preventive forces in the market and their impact on the global market.
  • Calculate the production developments, key issues, and solutions to control the progress threat.
  • Know about the market policies that are being accepted by top organizations.
  • Identify the upcoming position and forecasts for the market.

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