Middle East and Africa Aircraft Wheels Market Dynamics and Trends by 2028

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.

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                                                            

Middle East and Africa Aircraft Wheels Report Scope