The rapidly evolving aviation industry is embracing its moment in the sun on the back of huge profitable prospects generated by surging air transport. Aircraft vendors are enlarging their aircraft fleet to catch up with the mounting demand for air travel. Every addition in aircraft subsequently adds up at least six new wheels, making aircraft tires a very significant component of physical aircraft along with the aviation industry as a whole. It will not be exaggeratory to state that the aircraft tires market is co-developing with the aviation industry.
With the expansion, the aviation sector’s scope of operation has scaled from serving the transportation needs of people. Stakeholders in the air travel industry are growing concerned regarding the footprint generated by air travel. The scope of this concern is very wide and is inclusive of the entire lifecycle of aircraft, ranging from manufacturing to maintenance and disposal. These stakeholders are engrossed in developing visionary solutions capable of driving the future of aerospace through change and discovery, in an efficient and sustainable way. Coming up as a solution to growing urban transport and congestion, market players in aircraft tires industry are employing new materials, methods, processes, and technologies that lead to efficient and green manufacturing, maintenance and end-of-life benefits.
Less Weight and Less Raw Materials Channel Innovations
Rapid changes are going on with the raw materials of aircraft tires in aspects of low material consumption and enhanced environmental performance. Manufacturers are leveraging technological advancements and improved business models to substantially reduce the volume of raw materials consumed for each aircraft tire. For instance, Bridgestone, leading tire and Rubber Company, has developed a high strength rubber (HSR) for aircraft tires. The company is quoting enhanced durability and abrasion resistance to be the plus point of this high strength rubber. However, the usage of comparatively less HSR for manufacturing any aircraft tire is also garnering huge responses from the customers.
Weight reduction is the other major concern of manufacturers in aircraft tires landscape. To attain the desired weight, highly durable thin aircraft tires are under development. Along with minimal diameter, these thin tires are demanded for improved fuel economy and the use of fewer raw materials. Revolutionary reinforced radial tires are the other area of development where fibers with high elasticity and strength are utilized to deliver improved safety performance as compared to conventional tires. This material again serves the aircraft tires market with reduced tire weight. Market players in the raw materials segment are focused to improve resource productivity with the help of durable and capable raw materials.
Technology Reduces Manual Intervention
Advancements in technology and material are leading the stakeholders in aircraft tires sector towards developing a wheel that can serve the purpose; act as traditional tires for rolling the aircraft and as smart systems that can connect with the aircraft operators. PresSense is the new wireless solution that converts conventional tires into smart components. The connected aircraft tire assists airline companies with easier ground maintenance with the help of an automatically updated database that defies manual intervention. Manufacturers in the market are increasingly integrating such solutions in their tires to benefit from automated readings generation of important aspects like tire pressure. Operators in the market are demanding intelligent tires as a safety feature that ensures secure take-off and landing of aircraft.
Technology is further renovating the aircraft tires landscape with exclusivity in association with the domain of operation. Aircraft vendors have introduced near-zero growth radial technology-powered radial tires for air crafts operating in the regional and commercial aviation sectors. To attain a greater coverage of the market, manufacturers have developed advanced tires for military operations. Such technological variations in aviation ties are generating revenue and growth prospects for the market players.
Recycling Reigns as an Environment-Friendly Approach
The burgeoning production of aircraft tires highlights the urgency and importance of recycling. Understanding the crux of the situation, stakeholders in the aircraft tires market have indulged in finding new ways of utilizing discarded aircraft tires. Recycling of tires is considered to be challenging owing to the difficulties that are presumed to arise while breaking the strong bond between molecules of a tire. Scientists have come up with a method called chemical scissors, capable of breaking down these bonds and dissolving the rubber material in the aircraft tires. The final disassembled components are easy to be transformed into new products, making recyclability an opportunity for market growth instead of a challenge.
The other innovation creating momentum in the recycling ecosystem is a technology that promises to turn old aircraft tires into bio-jet fuels. Though the practical implementation is under the testing phase, major players seem convinced with the theoretical notion of using pioneering green distillation technologies (GDT) to achieve the said result. GDT technology has opened doors to untapped recycling potential in the aircraft tires market. This technology is further gaining traction in the market as the potential solution to environmental hazards caused by burning old tires, a conventional approach of getting rid of the used lot. Though modern-day manufacturers are progressing towards creating indestructible tires, recycling technologies can help the vendors in aircraft tires landscape to reuse their existing heaps of tires waste.
Collaborations for Fuel Innovations
Rapid developments in raw materials and recycling segments are also performed in the light of stringent government regulations that promote the use of recyclable material in tries to keep a check on environmental pollution. Manufacturers in the market are investing in research and developments to create technologies that make tires that offer greater economic profits. Highly durable tires with short turnaround time are a sought after commodity amongst aircraft operators that operate in high-frequency routes.
The aforementioned technological advancements and discoveries are a result of the thriving culture of collaborations and mergers amongst prominent market players in the aircraft tires domain. These partnerships are bolstering the growth of the aircraft tires industry by bringing together world leaders of different markets like tires and air crafts to deliver exceptional value to the customers of the aviation industry. This amalgamation of two industries creates a pool of talent that is accelerating the development of the aircraft tires market.
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