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Middle East and Africa Aircraft Wheels Market

2021

Middle East and Africa 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)

Publication Month: Oct 2021 | Report Code: TIPRE00025316 | No. of Pages: 117 | Category: Aerospace and Defense | Status: Published

Market Insights

Middle East and Africa Aircraft Wheels Market to Grow at a CAGR of 3.6% to reach US$ 119.14 million Million from 2021 to 2028

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The aircraft wheels market in Middle East & Africa is expected to grow from US$ 93.12 million in 2021 to US$ 119.14 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028.


With the introduction of carbon-fiber-reinforced composite, aircraft wheel manufacturers are extensively using the material to design and manufacture an aircraft nose wheel. The material is known for its high stiffness and strength, which makes it compatible with an aircraft nose wheel. In addition, the composite material is lighter in weight than aluminum and magnesium alloy. Hence, the carbon-fiber-reinforced plastic (CFRP) based wheel is expected to reduce the mass density of an aircraft. This will result in lower fuel consumption and the aircraft can be operated economically. Also, the range or payload can be increased. At present, aircraft wheel manufacturers are developing aircraft wheels made of CFRP composite. For instance, Fraunhofer LBF is using the CFRP composite to develop nose wheels for an Airbus A320 aircraft. Hence, in the coming years, aircraft wheel manufacturers are expected to use CFRP material increasingly to manufacture aircraft nose wheels. Hence, the rise in use of CFRP composite material for manufacturing aircraft nose wheels are anticipated to grow among aircraft wheel manufacturers and become future trend.

The MEA aircraft wheels market is majorly affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components of aircraft have been disturbed. Thus, the demand for aircraft wheels have also has declined significantly. This has resulted in a loss of business among the aircraft wheels market players offering their products to respective customers in the MEA region. South Africa has few aircraft manufacturers; hence, they generate the demand for aircraft wheels in the country. The widespread COVID – 19 viruses have led the manufacturers to suspend their operations or operate with a minimal workforce temporarily. This has weakened the demand for aircraft components, thereby hindering the aircraft wheels market in the country. Additionally, the disruption in the supply chain of aircraft wheels raw materials due to the pandemic, the aircraft wheels business is expected to have an adverse effect on the aircraft wheels market in the country.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa aircraft wheels market. The Middle East & Africa aircraft wheels market is expected to grow at a good CAGR during the forecast period.

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Middle East & Africa Aircraft Wheels Market Segmentation

Middle East & Africa Aircraft wheels Market – By Type

  • Nose Wheel
  • Main Wheel

Middle East & Africa Aircraft Wheels Market – By Aircraft Type

  • Fixed Wing Aircraft
  • Rotary Wing Aircraft
  • UAV

Middle East & Africa Aircraft Wheels Market – By Fit Type

  • Line Fit
  • Retro Fit

Middle East & Africa Aircraft Wheels Market – By End-user

  • Military
  • Commercial

Middle East & Africa Aircraft Wheels Market – By Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

Middle East & Africa Aircraft wheels market – Companies Mentioned

  • Collins Aerospace
  • Meggitt PLC
  • Honeywell International Inc.
  • Parker Hannifin Corporation
  • BERINGER AERO
  • Lufthansa Technik

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. Middle East & Africa 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. Middle East & Africa Aircraft wheels market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Expanding volumes of aircraft orders and their deliveries

5.1.2 Advanced adoption of lightweight alloy to manufacture aircraft wheels

5.2 Market Restraint

5.2.1 Growing life span of aircraft wheels

5.3 Market Opportunity

5.3.1 Burgeoning application of carbon-fiber-reinforced plastic-based wheels for rotary wing aircraft

5.4 Future Trend

5.4.1 Rising use of CFRP composite in aircraft nose wheel manufacturing

5.5 Impact Analysis of Drivers and Restraints

6. Middle East & Africa Aircraft Wheels – Market Analysis

6.1 Middle East & Africa Aircraft Wheels market Overview

6.1.1 Middle East and Africa: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

7. Middle East and Africa Aircraft Wheels Market Analysis – By Type

7.1 Overview

7.1.1 Middle East and Africa: 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. Middle East & Africa Aircraft wheels Market Analysis – By Aircraft Type

8.1 Overview

8.1.1 Middle East & Africa: 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. Middle East & Africa Aircraft wheels Market Analysis – By Fit Type

9.1 Overview

9.1.1 Middle East & Africa: 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. Middle East & Africa Aircraft wheels Market Analysis – By End User

10.1 Overview

10.1.1 Middle East & Africa: 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. Middle East & Africa Aircraft wheels Market – Country Analysis

11.1 Overview

11.1.1 MEA: Aircraft Wheels Market, by Key Country

11.1.1.1 South Africa: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 South Africa: Aircraft Wheels Market, by Type

11.1.1.1.2 South Africa: Aircraft Wheels Market, by Aircraft Type

11.1.1.1.3 South Africa: Aircraft Wheels Market, by Fit Type

11.1.1.1.4 South Africa: Aircraft Wheels Market, by End User

11.1.1.2 UAE: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 UAE: Aircraft Wheels Market, by Type

11.1.1.2.2 UAE: Aircraft Wheels Market, by Aircraft Type

11.1.1.2.3 UAE: Aircraft Wheels Market, by Fit Type

11.1.1.2.4 UAE: Aircraft Wheels Market, by End User

11.1.1.3 Saudi Arabia: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 Saudi Arabia: Aircraft Wheels Market, by Type

11.1.1.3.2 Saudi Arabia: Aircraft Wheels Market, by Aircraft Type

11.1.1.3.3 SAUDI ARABIA: Aircraft Wheels Market, by Fit Type

11.1.1.3.4 SAUDI ARABIA: Aircraft Wheels Market, by End User

11.1.1.4 Rest of MEA: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Rest of MEA: Aircraft Wheels Market, by Type

11.1.1.4.2 Rest of MEA: Aircraft Wheels Market, by Aircraft Type

11.1.1.4.3 Rest of MEA: Aircraft Wheels Market, by Fit Type

11.1.1.4.4 Rest of MEA: Aircraft Wheels Market, by End User

12. Middle East & Africa 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

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. Middle East and Africa Aircraft Wheels Market Revenue and Forecast to 2028 (US$ Million)

Table 4. MEA: Aircraft Wheels Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 5. South Africa: Aircraft Wheels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6. South Africa: Aircraft Wheels Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. SOUTH AFRICA: Aircraft Wheels Market, by Fit Type–Revenue and Forecast to 2028 (US$ Million)

Table 8. South Africa: Aircraft Wheels Market, by End User–Revenue and Forecast to 2028 (US$ Million)

Table 9. UAE: Aircraft Wheels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 10. UAE: Aircraft Wheels Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. UAE: Aircraft Wheels Market, by Fit Type–Revenue and Forecast to 2028 (US$ Million)

Table 12. UAE: Aircraft Wheels Market, by End User–Revenue and Forecast to 2028 (US$ Million)

Table 13. Saudi Arabia: Aircraft Wheels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 14. Saudi Arabia: Aircraft Wheels Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. SAUDI ARABIA: Aircraft Wheels Market, by Fit Type–Revenue and Forecast to 2028 (US$ Million)

Table 16. SAUDI ARABIA: Aircraft Wheels Market, by End User–Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of MEA: Aircraft Wheels Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of MEA: Aircraft Wheels Market, by Aircraft Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of MEA: Aircraft Wheels Market, by Fit Type–Revenue and Forecast to 2028 (US$ Million)

Table 20. Rest of MEA: Aircraft Wheels Market, by End User–Revenue and Forecast to 2028 (US$ Million)

Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. Middle East & Africa Aircraft Wheels Market Segmentation

Figure 2. Middle East & Africa Aircraft Wheels Market Segmentation – By Country

Figure 3. Middle East & Africa Aircraft Wheels Market Overview

Figure 4. Middle East & Africa Aircraft Wheels Market, by Type

Figure 5. Middle East & Africa Aircraft Wheels Market, by Aircraft Type

Figure 6. Middle East & Africa Aircraft Wheels Market, by Fit Type

Figure 7. Middle East & Africa Aircraft Wheels Market, by End-Users

Figure 8. Middle East & Africa Aircraft Wheels Market, by Country

Figure 9. Porter’s Five Forces Analysis

Figure 10. Aircraft Wheels market- Ecosystem Analysis

Figure 11. Middle East & Africa Aircraft wheels market Impact Analysis of Drivers and Restraints

Figure 12. Middle East and Africa: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Middle East and Africa: 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. Middle East & Africa: 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. Middle East & Africa: 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. Middle East & Africa: 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 Middle East & Africa Aircraft wheels market

Figure 27. MEA: Aircraft wheels Market Revenue Share, by Key Country (2020 and 2028)

Figure 28. South Africa: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. UAE: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Saudi Arabia: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31. Rest of MEA: Aircraft wheels Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Impact of COVID-19 Pandemic in Middle East and Africa Countries

  1. Collins Aerospace                                                           
  2. Meggitt PLC                                                                     
  3. Honeywell International Inc.                                        
  4. Parker Hannifin Corporation                                        
  5. BERINGER AERO
  6. Lufthansa Technik  
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Middle East & Africa aircraft wheels market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Middle East & Africa aircraft wheels market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the aircraft wheels market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  
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