Market Share of Europe Aircraft Tires Industry
The European aircraft tires market is semi-consolidated. Some prominent European aircraft tire market companies are Bridgestone Corporation, Michelin Group, Goodyear Tire and Rubber Company, Wilkerson Corp. (Parker-Hannifin Corporation), and Dunlop Aircraft Tyres Limited.
In the commercial and military segments, Michelin Group and Goodyear Tire and Rubber Company are the major players in the market. These companies are investing substantially in developing advanced products and technologies that may be used in the current and upcoming aircraft. Their focus on innovation is aimed at meeting the evolving needs of the aviation industry.
Moreover, tire companies are strategically expanding their footprint to capture the growing market demand. For instance, in September 2024, Russia announced that it had imported a variety of Western aircraft tires, including products from renowned brands such as Michelin, Dunlop, Goodyear, and Bridgestone, with a total import value exceeding USD 30 million. This demonstrates the increasing globalization of the aircraft tire market and established industry leaders' preference for high-quality products.
Europe Aircraft Tires Market Leaders
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Goodyear Tire and Rubber Company
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Dunlop Aircraft Tyres Limited
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Bridgestone Corporation
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Michelin Group
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Wilkerson Corp.
*Disclaimer: Major Players sorted in no particular order
