In the upcoming years, it is predicted that the penetration of narrow-body aircraft tyres will rise due to the proliferation of low-cost carriers in emerging economies. To ensure safe takeoffs and landings, the rising demand for air travel spurs demand for MRO services of aircraft tyres. The growth of the aircraft tyres market may be constrained by the erratic prices of raw materials and strict regulatory requirements.
The average number of flight hours for aircraft worldwide has increased due to the growing demand for air travel. The lifespan of aircraft tyres is characterised by frequent maintenance and servicing. Aircraft Tire Market are prone to very short landing cycles. For instance, nose tyres have a slightly longer service life than main landing gear aircraft tyres, which is between 150 and 200 cycles.
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