The Global Aerospace and Defense Wheel Market: Highlights
The global 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 global aerospace and 우리카지노먹튀 defense wheel market.
Global Aerospace and Defense Wheel Market – Insights by Aircraft Type:
Commercial aircraft is expected to remain growth engine of the global 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.
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North America is expected to remain the largest market for wheels due to manufacturing base of largest commercial OEM, 우리카지노추천 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, 우리카지노계열 Delta Air, Air China, and Singapore Airlines.
The global 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.
SOURCE: website and Defense Wheel Market to Grow at 5.0% CAGR during 2016 – 2021.