Asia Pacific Aircraft Tire Market Size & Outlook
The aircraft tire market in Asia Pacific is expected to reach a projected revenue of US$ 519.8 billion by 2030. A compound annual growth rate of 6.1% is expected of Asia Pacific aircraft tire market from 2025 to 2030.
Revenue, 2024 (US$B)
$356.0
Forecast, 2030 (US$B)
$519.8
CAGR, 2025 - 2030
6.1%
Report Coverage
Asia Pacific
Asia Pacific aircraft tire market, 2018-2030 (US$B)
Asia Pacific aircraft tire market highlights
- The Asia Pacific aircraft tire market generated a revenue of USD 326,720.7 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, radial was the largest revenue generating product in 2023.
- Radial is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 326,720.7 million |
| Market revenue in 2030 | USD 519,891.6 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Radial |
| Fastest growing segment | Radial |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radial |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.3% of the global aircraft tire market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 519,891.6 million by 2030.
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Aircraft Tire Market Scope
Aircraft tire market segmentation & scope
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
South Korea
Brazil
Argentina
Aircraft Tire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific aircraft tire market size, by country, 2018-2030 (US$B)
Asia Pacific Aircraft Tire Market Outlook Share, 2024 & 2030 (US$B)
Related regional statistics
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