Trasporti
Global Aircraft Tire Market Growth Driven by the Recovery of the Aviation Industry
"The increasing demand for aircraft tires and manufacturers' needs to meet sustainable compliance encourages them to invest in identifying new materials for manufacturing," said . "Further, manufacturers are investing in automation and artificial intelligence (AI) technologies and leveraging them to digitize their processes and enable sustainability initiatives."
Abraham added: "Narrow-body aircraft will be the main contributor driving the aircraft tire market as key aircraft manufacturers—Boeing and Airbus—are focusing on this segment to enhance their commercial aircraft revenues. Similarly, the impressive market participation of regional jets and turboprops in total commercial aircraft fleets will further boost the demand for aircraft tires worldwide."
To reap the benefits of the growing global commercial aircraft tire industry, market participants should:
is the latest addition to Frost & Sullivan's research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion
Contact:
María Celeste Bailo
Corporate Communications
E: celeste.bailo@frost.com
https://www.frost.com/
Photo - https://mma.prnewswire.com/media/1902323/Aircraft_tire_market.jpg
View original content:https://www.prnewswire.co.uk/news-releases/global-aircraft-tire-market-growth-driven-by-the-recovery-of-the-aviation-industry-301628052.html