Airless Tires Market 2019 Global Industry Size, Trends, Key Players, Growth Factors, Opportunities, Sales, Segmentation Analysis, Regional Forecast 2023

“Airless Tires Market Segmentation”
Airless Tires Market Expected To Grow At 9% CAGR By 2023, Global Airless Tires Market Size, Trends, Share, And Regional Outlook To 2023

Airless Tires Market Overview

Airless tires eradicate the need for air pressure in the tires and provide higher durability over conventional tires. The need for improved road safety has led to the development of airless tires in order to prevent the road accidents ratio caused by punctured tires. Increasing the necessity of tires that are robust and highly flexible to provide tremendous shock absorbing properties is driving the market demand for airless tires. In addition, OEMs and industry participants are developing eco-friendly tires with the recycled products such as used rubber tires and plastics, delivering a highly durable and puncture proof tires which are anticipated to drive the demand for airless tires.

Airless Tires Market Expected To Grow At 9% CAGR By 2023.

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Key Players Analyzed in Report:

The prominent players in the Airless Tires Market are Bridgestone Corporation (Japan), Hankook Tire (South Korea), The Goodyear Tire & Rubber Company (US), Pirelli (US), Sunitomo Rubber Industries (Japan), Amerityre Corporation (US), Michelin (France), Toyo Tire & Rubber Co. Ltd. (Japan), Cooper Tire (US), Tannus Ltd. (Korea)

Airless Tires Market Segmentation:

By Product

  • Radial Tires
  • Bias Tires

 

By Vehicle Type

  • Military Vehicles
  • Light Commercial Vehicles (LCV)
  • Heavy Commercial Vehicles (HCV)
  • Terrain Vehicles
  • Utility Vehicles
  • Two-wheelers

 

By Material

  • Rubber
  • Plastic

 

By Tire size

  • < 20 inches
  • 21-25 inches
  • 26-30 inches
  • 31-35 inches
  • >35 inches

 

By Sales Channel

  • Original Equipment Manufacturer (OEM)
  • Aftermarket

 

Market Research Analysis

In terms of region, the global market for airless tires is divided into North America, Europe, Asia-Pacific, and The Rest of the World. North America is expected to dominate the global market share of airless tires owing to early adoption of non-pneumatic tires coupled with advancements in automotive industry. Moreover, rising road accident safety concerns due to tire blowout is anticipated to drive the market demand during the forecast period. Stringent regulations directed by European Commission for driver’s convenience and safety along with introduction of advanced chip embedded tires is anticipated to augment the market demand in future. Growing number of automotive industries in the countries like China, South Korea, and Japan is predicted to expand the market share of Asia-Pacific over the forecast period.

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

3.3 Technology Trends

3.4 Patent Trends

3.5 Regulatory Landscape

Continue…

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