Europe Aircraft Wheels Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Main Wheel and Nose Wheel), Aircraft Type (Fixed Wing Aircraft, Rotary Wing Aircraft, and UAV), Fit Type (Line Fit and Retrofit), and End-User (Commercial and Military)

Code: RW00014550644
The Insight Partners
Oct-2021
Aerospace & Defense
123 Pages

The aircraft wheels market in Europe is expected to grow from US$ 457.06 million in 2021 to US$ 782.65 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

The demand for aircraft is rising across the world owing to continuously increasing demand for passenger airline services. In addition, the aviation industry is undergoing expansion at a rapid pace, recording significant aircraft production volumes and deliveries (commercial and military). Specifically, the commercial aviation industry has witnessed tremendous growth in the past few years with the emergence of new low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). Commercial aviation is surging due to the mounting number of air travel passengers and aircraft procurements. The production volumes of aircraft are continuously rising to bridge the gap between its demand and supply. For instance, Boeing and Airbus, together, received new aircraft orders of 1,008 and 831 in 2018 and 2019, respectively, and delivered 806 and 800 aircraft in the respective years. Furthermore, the demand for line fit wheels is growing with the rising production of aircraft as the main landing gear system consists of multiple wheels.

In Europe, several countries have been experiencing a continuous surge in the number of COVID-19 patients. The European aviation industry is composed of aircraft OEMs, component suppliers, airlines, and MRO service providers. The COVID-19 outbreak has affected each aviation business stakeholders' business in the region. Several airlines in the region have postponed the procurement dates of pending aircraft fleets to manage their operational costs during the pandemic and in post-pandemic period. This move by the airlines has led the aircraft OEMs and component suppliers to suffer economic loss, which is hindering the European and international aircraft wheels market players. Airbus, the leading and forerunner in Europe's aircraft production volume, delivered 566 aircraft in 2020, compared to 863 aircraft in 2019. Other aircraft OEMs such as Dassault Aviation, Leonardo, Sukhoi, Tupolev, and Ilyushin also faced severe challenges in delivering substantial number of aircraft models to respective customers. This affected the growth aircraft wheels market as the demand for these components declined among the aircraft manufacturers in the region. France, Italy, the UK, and Russia are among the key countries that have higher number of aircraft manufacturers, while they have also been hit severely by the COVID-19 pandemic.

The Europe aircraft wheels market is segmented on the bases of type, aircraft type, fit type, and end-user. Based on aircraft type, the aircraft wheels market is segmented into fixed wing aircraft, rotary wing aircraft, and UAV. In 2020, fixed wing aircraft segment held the largest share in the market. This segment comprises cargo planes, passenger aircraft, military aircraft, private jets, and training aircraft, among others. The market growth of the fixed wing aircraft segment is attributed to the fact that these aircraft are widely used for the commercial applications globally. With the rising demand for passenger airlines, increasing air transportation services for goods are propelling the aircraft wheels market for the fixed wing aircraft. In addition, the rising number of aviation institutes and business-class people is proliferating the demand for training aircraft and privates jets, subsequently contributing to the market for this segment.

The Europe aircraft wheels market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast of the Europe aircraft wheels market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe aircraft wheels market. Collins Aerospace; Meggitt PLC; Honeywell International Inc.; Parker Hannifin Corporation; BERINGER AERO; Lufthansa Technik; and Zlin Aircraft a.s are among the leading companies operating in the market in this region.

TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Aircraft wheels - Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Europe Aircraft wheels market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Boosting volumes of aircraft orders and their deliveries
5.1.2 Raising adoption of lightweight alloy to manufacture aircraft wheels
5.2 Market Restraint
5.2.1 Upgrading life span of aircraft wheels
5.3 Market Opportunity
5.3.1 Broadening application of carbon-fiber-reinforced plastic-based wheels for rotary wing aircraft
5.4 Future Trend
5.4.1 Expanding use of CFRP composite in aircraft nose wheel manufacturing
5.5 Impact Analysis of Drivers and Restraints
6. Europe Aircraft Wheels - Market Analysis
6.1 Europe Aircraft Wheels market Overview
6.1.1 Europe: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
7. Europe Aircraft Wheels Market Analysis - By Type
7.1 Overview
7.1.1 Europe: Aircraft Wheels Market, by Type
7.2 Nose Wheel
7.2.1 Overview
7.2.2 Nose Wheel: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
7.3 Main Wheel
7.3.1 Overview
7.3.2 Main Wheel: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Aircraft wheels Market Analysis - By Aircraft Type
8.1 Overview
8.1.1 Europe: Aircraft Wheels Market, by Aircraft Type
8.2 Fixed Wing Aircraft
8.2.1 Overview
8.2.2 Fixed Wing Aircraft: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
8.3 Rotary Wing Aircraft
8.3.1 Overview
8.3.2 Rotary Wing Aircraft: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
8.4 UAV
8.4.1 Overview
8.4.2 UAV: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Aircraft wheels Market Analysis - By Fit Type
9.1 Overview
9.1.1 Europe: Aircraft Wheels Market, by Fit Type
9.2 Line Fit
9.2.1 Overview
9.2.2 Line Fit: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
9.3 Retro Fit
9.3.1 Overview
9.3.2 Retro Fit: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Aircraft wheels Market Analysis - By End-user
10.1 Overview
10.1.1 Europe: Aircraft Wheels Market, by End-user
10.2 Military
10.2.1 Overview
10.2.2 Military: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
10.3 Commercial
10.3.1 Overview
10.3.2 Commercial: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
11. Europe Aircraft wheels Market - Country Analysis
11.1 Overview
11.1.1 Europe: Aircraft Wheels Market, by Key Country
11.1.1.1 France: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.1.1 France: Aircraft Wheels Market, by Type
11.1.1.1.2 France: Aircraft Wheels Market, by Aircraft Type
11.1.1.1.3 France: Aircraft Wheels Market, by Fit Type
11.1.1.1.4 France: Aircraft Wheels Market, by End-user
11.1.1.2 Germany: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.2.1 Germany: Aircraft Wheels Market, by Type
11.1.1.2.2 Germany: Aircraft Wheels Market, by Aircraft Type
11.1.1.2.3 Germany: Aircraft Wheels Market, by Fit Type
11.1.1.2.4 Germany: Aircraft Wheels Market, by End-user
11.1.1.3 UK: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.3.1 UK: Aircraft Wheels Market, by Type
11.1.1.3.2 UK: Aircraft Wheels Market, by Aircraft Type
11.1.1.3.3 UK: Aircraft Wheels Market, by Fit Type
11.1.1.3.4 UK: Aircraft Wheels Market, by End-user
11.1.1.4 Italy: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.4.1 Italy: Aircraft Wheels Market, by Type
11.1.1.4.2 Italy: Aircraft Wheels Market, by Aircraft Type
11.1.1.4.3 Italy: Aircraft Wheels Market, by Fit Type
11.1.1.4.4 Italy: Aircraft Wheels Market, by End-user
11.1.1.5 Russia: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Aircraft Wheels Market, by Type
11.1.1.5.2 Russia: Aircraft Wheels Market, by Aircraft Type
11.1.1.5.3 Russia: Aircraft Wheels Market, by Fit Type
11.1.1.5.4 Russia: Aircraft Wheels Market, by End-user
11.1.1.6 Rest of Europe: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Aircraft Wheels Market, by Type
11.1.1.6.2 Rest of Europe: Aircraft Wheels Market, by Aircraft Type
11.1.1.6.3 Rest of Europe: Aircraft Wheels Market, by Fit Type
11.1.1.6.4 Rest of Europe: Aircraft Wheels Market, by End-user
12. Europe Aircraft wheels market - Covid-19 Impact Analysis
12.1 Overview
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
13.4 New Development
14. COMPANY PROFILES
14.1 Collins Aerospace
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Meggitt PLC
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Honeywell International Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Parker Hannifin Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 BERINGER AERO
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Lufthansa Technik
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Zlin Aircraft a.s.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index

LIST OF TABLES

Table 1. Aircraft Models and Required Number of Wheels
Table 2. Boeing and Airbus: Aircraft Order and Delivery Data, 2018, 2019, and 2020
Table 3. Europe Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Table 4. Europe: Aircraft wheels Market Revenue Share, by Key Country (2020 and 2028)
Table 5. France: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 8. France: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 9. Germany: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 10. Germany: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 11. Germany: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 12. Germany: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 14. UK: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 15. UK: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 16. UK: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 18. Italy: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 19. Italy: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 20. Italy: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 22. Russia: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 23. Russia: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 24. Russia: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 25. Rest of Europe: Aircraft Wheels Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 26. Rest of Europe: Aircraft Wheels Market, by Aircraft Type-Revenue and Forecast to 2028 (US$ Million)
Table 27. Rest of Europe: Aircraft Wheels Market, by Fit Type-Revenue and Forecast to 2028 (US$ Million)
Table 28. Rest of Europe: Aircraft Wheels Market, by End-user-Revenue and Forecast to 2028 (US$ Million)
Table 29. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Aircraft Wheels Market Segmentation
Figure 2. Europe Aircraft Wheels Market Segmentation - By Country
Figure 3. Europe Aircraft Wheels Market Overview
Figure 4. Europe Aircraft Wheels Market, by Type
Figure 5. Europe Aircraft Wheels Market, by Aircraft Type
Figure 6. Europe Aircraft Wheels Market, by Fit Type
Figure 7. Europe Aircraft Wheels Market, by End-Users
Figure 8. Europe Aircraft Wheels Market, by Country
Figure 9. Porter's Five Forces Analysis
Figure 10. Aircraft Wheels market- Ecosystem Analysis
Figure 11. Europe Aircraft wheels market Impact Analysis of Drivers and Restraints
Figure 12. Europe: Aircraft wheels Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe: Aircraft wheels Market Revenue Share, by Type (2020 and 2028)
Figure 14. Nose Wheel: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Main Wheel: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe: Aircraft Wheels Market Revenue Share, by Aircraft Type (2020 and 2028)
Figure 17. Fixed Wing Aircraft: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Rotary Wing Aircraft: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. UAV: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe: Aircraft Wheels Market Revenue Share, by Fit Type (2020 and 2028)
Figure 21. Line Fit: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Retro Fit: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe: Aircraft Wheels Market Revenue Share, by End-user (2020 and 2028)
Figure 24. Military: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Commercial: Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Geographic Overview of Europe Aircraft wheels market
Figure 27. Europe: Aircraft wheels Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. France: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Germany: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 30. UK: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 31. Italy: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 32. Russia: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 33. Rest of Europe: Aircraft Wheels Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 34. Impact of COVID-19 Pandemic in Europe Country Markets

The List of Companies - Europe Aircraft Wheels Market

- Collins Aerospace

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