Description
Airless Tires Market Research Report forecast till 2027
Airless Tires Market Report Overview:
The airless tires market is anticipated to surpass USD 63.6 million by 2026,witnessing a healthy CAGR of 4% during the review period. The global airless tires market is attributed to the rising need for fuel-efficient tires, stringent government policies growing tire labelling, and adoption for eliminating the requirement of spare tires. However, the increasing raw material prices and less reliable options are anticipated to hinder the market growth during the review period. Additionally, the rising demand for airless tires in fleets is anticipated to offer lucrative growth opportunities during the study period.
Airless tires are not upheld via gaseous tension and are without level. Moreover, industry members and producers are planning eco-accommodating tires through reused materials since airless tires have a more drawn-out life contrasted with ordinary tires. Different provisions presented via airless tires are higher toughness, cut confirmation, higher utilization in arduous exercises, and some more. The worldwide airless tires market is driven by elements, for example, expanding interest for eco-friendly tires, unofficial laws in regard to tire naming, and reception for wiping out the prerequisite of extra tires. In any case, the expanding crude material costs and fewer solid choices are relied upon to control the market development. The developing interest for airless tires in armadas is relied upon to set out development open doors for the market players.
Market Segmentation
The global airless tires market has been classified based on type, material, tire size, vehicle type, and sales channel.
Based on the tire size, the global airless tires market is segmented into<20 inches, 21–25 inches, 26–30 inches, 31–35 inches, >35 inches. In terms of type segment, the global market has been bifurcated into radial and bias. By material type, the market is classified into rubber and plastic. Rubber is an economic material and exhibits a good load capacity.
Based on sales channel type, the global airless tires market is bifurcated into OEM and aftermarket. In terms of vehicle type, the global market is categorized into two-wheelers, passenger cars, light/heavy industrial/commercial vehicles, and trucks & buses.
Regional Analysis:
Geographically, the airless tires market has been studied across North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific has one of the growing automotive aftermarkets owing to the fastest growing automotive industry in developing countries such as China, India, and Japan. The growth of the global market is attributed to the rising construction activities, industrial development, and the increase in demand for fuel-efficient technologies. Moreover, Asia-Pacific has plenty of raw material suppliers, low labor costs, and supportive government policies in countries such as Japan, China, and South Korea.
Major Players
The major market players of the global airless tires market are Continental AG (Germany), Bridgestone Corporation (Japan), Michelin (France), The Hankook Tire & Technology (South Korea), and The Goodyear Tire & Rubber Company (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS
1.1.1 GLOBAL AUTOMOTIVE TIRE MARKET, BY RIM SIZE
1.1.2 GLOBAL AUTOMOTIVE TIRE MARKET, BY SEASON
1.1.3 GLOBAL AUTOMOTIVE TIRE MARKET, BY PROPULSION TYPE
1.1.4 GLOBAL AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE
1.1.5 GLOBAL AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL
1.1.6 GLOBAL AUTOMOTIVE TIRE MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
2.4 KEY BUYING CRITERIA
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 ROAD ACCIDENT DEATHS
4.2.2 GOVERNMENT REGULATIONS REGARDING TIRE LABELING
4.2.3 INCREASING DEMAND FOR FUEL-EFFICIENT TIRES
4.2.4 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
4.3.1 INCREASING RAW MATERIAL PRICES
4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
4.4.1 GROWING DEMAND FOR GREEN TIRES IN FLEETS
4.5 TECHNOLOGY TRENDS
4.5.1 GREEN TIRE ANALYSIS
4.6 COVID-19 IMPACT ANALYSIS
4.6.1 ECONOMIC IMPACT ON AUTOMOTIVE INDUSTRY
4.6.2 IMPACT ON AUTOMOTIVE PRODUCTION
4.6.2.1 FORD
4.6.2.2 AMERICAN HONDA
4.6.2.3 FCA
4.6.2.4 KIA
4.6.2.5 VOLKSWAGEN
4.6.3 IMPACT ON AUTOMOTIVE TIRE MARKET
4.6.3.1 IMPACT ON SUPPLY CHAIN
4.6.3.2 IMPACT ON RAW MATERIALS
4.6.3.3 CASH FLOW CONSTRAINTS
4.6.4 IMPACT ON WORLD TRADE
5 MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES MODEL
5.1.1 THREAT OF NEW ENTRANTS
5.1.2 BARGAINING POWER OF SUPPLIERS
5.1.3 THREAT OF SUBSTITUTES
5.1.4 BARGAINING POWER OF BUYERS
5.1.5 INTENSITY OF RIVALRY
5.2 SUPPLY CHAIN ANALYSIS
5.2.1 DESIGN & DEVELOPMENT
5.2.2 RAW MATERIAL SUPPLY
5.2.3 MANUFACTURE
5.2.4 DISTRIBUTION
5.2.5 END USE
6 GLOBAL AUTOMOTIVE TIRE MARKET, BY RIM SIZE
6.1 OVERVIEW
6.2 13”–15″
6.3 16”–18″
6.4 19”–21″
6.5 >21″
7 GLOBAL AUTOMOTIVE TIRE MARKET, BY DISTRIBUTION CHANNEL
7.1 OVERVIEW
7.2 OEM
7.3 AFTERMARKET
8 GLOBAL AUTOMOTIVE TIRE MARKET, BY VEHICLE TYPE
8.1 OVERVIEW
8.2 PASSENGER CARS
8.3 LCV
8.4 HCV
9 GLOBAL AUTOMOTIVE TIRE MARKET, BY SEASON
9.1 OVERVIEW
9.2 WINTER
9.3 SUMMER
9.4 ALL SEASON
10 GLOBAL AUTOMOTIVE TIRE MARKET, BY PROPULSION TYPE
10.1 OVERVIEW
10.2 EV
10.3 ICE
11 GLOBAL AUTOMOTIVE TIRE MARKET, BY REGION
11.1 OVERVIEW
11.2 NORTH AMERICA
11.2.1 US
11.2.2 CANADA
11.2.3 MEXICO
11.3 EUROPE
11.3.1 GERMANY
11.3.2 UK
11.3.3 FRANCE
11.3.4 SPAIN
11.3.5 ITALY
11.3.6 REST OF EUROPE
11.4 ASIA-PACIFIC
11.4.1 CHINA
11.4.2 JAPAN
11.4.3 INDIA
11.4.4 REST OF ASIA-PACIFIC
11.5 MIDDLE EAST & AFRICA (MEA)
11.6 SOUTH AMERICA
12 COMPETITIVE LANDSCAPE
12.1 COMPETITIVE OVERVIEW
12.2 MAJOR GROWTH STRATEGY IN THE GLOBAL AUTOMOTIVE TIRE MARKET
12.3 COMPETITIVE BENCHMARKING
12.4 MARKET SHARE ANALYSIS
12.5 KEY DEVELOPMENTS IN THE GLOBAL AUTOMOTIVE TIRE MARKET
12.5.1 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS
12.5.2 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS
12.5.3 KEY DEVELOPMENTS: PARTNERSHIPS
12.5.4 KEY DEVELOPMENTS: EXPANSIONS
12.5.5 KEY DEVELOPMENTS: PRODUCT DEVELOPMENTS/LAUNCHES
13 COMPANY PROFILES
13.1 BRIDGESTONE
13.1.1 COMPANY OVERVIEW
13.1.2 FINANCIAL OVERVIEW
13.1.3 PRODUCTS OFFERED
13.1.4 KEY DEVELOPMENTS
13.1.5 SWOT ANALYSIS
13.1.6 KEY STRATEGIES
13.2 MICHELIN
13.2.1 COMPANY OVERVIEW
13.2.2 FINANCIAL OVERVIEW
13.2.3 PRODUCTS OFFERED
13.2.4 KEY DEVELOPMENTS
13.2.5 SWOT ANALYSIS
13.2.6 KEY STRATEGIES
13.3 CONTINENTAL AG
13.3.1 COMPANY OVERVIEW
13.3.2 FINANCIAL OVERVIEW
13.3.3 PRODUCTS OFFERED
13.3.4 KEY DEVELOPMENTS
13.3.5 SWOT ANALYSIS
13.3.6 KEY STRATEGIES
13.4 PIRELLI & C. S.P.A
13.4.1 COMPANY OVERVIEW
13.4.2 FINANCIAL OVERVIEW
13.4.3 PRODUCTS OFFERED
13.4.4 KEY DEVELOPMENTS
13.4.5 SWOT ANALYSIS
13.4.6 KEY STRATEGIES
13.5 HANKOOK TIRE
13.5.1 COMPANY OVERVIEW
13.5.2 FINANCIAL OVERVIEW
13.5.3 PRODUCTS OFFERED
13.5.4 KEY DEVELOPMENTS
13.5.5 SWOT ANALYSIS
13.5.6 KEY STRATEGIES
13.6 TOYO TIRE CORPORATION
13.6.1 COMPANY OVERVIEW
13.6.2 FINANCIAL OVERVIEW
13.6.3 PRODUCTS OFFERED
13.6.4 KEY DEVELOPMENTS
13.7 GITI TIRE
13.7.1 COMPANY OVERVIEW
13.7.2 FINANCIAL OVERVIEW
13.7.3 PRODUCTS OFFERED
13.7.4 KEY DEVELOPMENTS
13.8 KUMHO TIRE
13.8.1 COMPANY OVERVIEW
13.8.2 FINANCIAL OVERVIEW
13.8.3 PRODUCTS OFFERED
13.8.4 KEY DEVELOPMENTS
13.9 NEXEN TIRE
13.9.1 COMPANY OVERVIEW
13.9.2 FINANCIAL OVERVIEW
13.9.3 PRODUCTS OFFERED
13.9.4 KEY DEVELOPMENTS
13.10 MAXXIS INTERNATIONAL
13.10.1 COMPANY OVERVIEW
13.10.2 FINANCIAL OVERVIEW
13.10.3 PRODUCTS OFFERED
13.10.4 KEY DEVELOPMENTS
14 COST BREAKDOWN ANALYSIS
14.1 COST STRUCTURE: AUTOMOTIVE TIRES
14.1.1 AUTOMOTIVE TIRE FINAL COST
14.1.1.1 MANUFACTURING COST
14.1.1.2 PROFIT MARGIN
14.1.1.3 DEALERS, RETAILERS, AND DISTRIBUTOR MARGINS
15 APPENDIX
15.1 DATA SOURCES
