Market Overview:
The global automobile vacuum tire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for radial tires and slash tires in the automotive industry. Additionally, the growing demand for passenger cars and motorcycles is also propelling the growth of this market. The radial tire segment is expected to dominate the global automobile vacuum tire market during the forecast period, owing to its superior performance as compared to other types of tires. The Asia Pacific region is anticipated to be a key contributor to this segment’s growth due its high population density and rising income levels in countries such as China and India.
Product Definition:
An automobile vacuum tire is a device that attaches to the exhaust pipe of a car and uses the suction to clean the inside of the tires. This is an important tool for keeping your tires clean and free from dirt, dust, and other debris that can cause problems with traction.
Radial Tires:
Radial tires are designed to deliver better performance in the case of a puncture. They have an inner and outer tire that forms a complete circle, hence the name. The design provides stability to vehicles and reduces the chances of flat tires caused by cuts or nails. Radial tires can be used on any vehicle as they do not require special equipment for changing like interlaced treads do.
Slash Tires:
Slash tires are used in automobile vacuum tire market. It is a type of radial tire that was designed for use on railway vehicles, especially locomotives. The name originates from the way these tires are cut or slashed to size; hence they have less rubber than conventional radial tires and more than bias-ply tires.
Application Insights:
The car segment dominated the global automotive vacuum tire market in terms of revenue share in 2017. The growth can be attributed to increasing production of cars and other vehicles across the globe. Moreover, stringent government regulations regarding vehicle emissions are expected to drive the demand for automotive vacuum tires over the forecast period.
Passenger car drivers usually face problems while changing a flat tire due to lack of space available next to their vehicles or on roadsides where they park their cars. In such cases, using an automobile vacuum Tire would prove beneficial as it provides ease while changing a flat tire and also helps in maintaining cleanliness around vehicles parked on road sides or near bywayside bushes etc., thereby boosting its demand globally over the forecast period (see figure 1).
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing region over the forecast period owing to increasing automobile production and sales in economies such as China, India, Japan and South Korea. Furthermore, stringent government regulations regarding vehicular emissions are expected to drive product demand in this region. Europe is also likely to witness significant growth due to rising consumer awareness about vehicle maintenance schedules along with changing weather conditions that leadto increased fuel consumption.
In 2017, Germany was one of the largest markets for automotive vacuum tires globally on account of large number of car manufacturers located there including Volkswagen Group; BMW Group; Mercedes-Benz AG; Audi AG etc., which resulted into higher sales volume across all segments including luxury cars and utility vehicles.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in automobile vacuum tire market
- Growing awareness about the benefits of using automobile vacuum tires
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Vacuum Tire Market Research Report
By Type
Radial Tires, Slash Tires
By Application
Motorcycle, Car, Passenger Car, Other
By Companies
MacNeillie, Michelin, Hankook, SciTech Industries, Bridgestone, MacNeillie
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
201
Number of Tables & Figures
141
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Vacuum Tire Market Report Segments:
The global Automobile Vacuum Tire market is segmented on the basis of:
Types
Radial Tires, Slash Tires
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Motorcycle, Car, Passenger Car, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MacNeillie
- Michelin
- Hankook
- SciTech Industries
- Bridgestone
- MacNeillie
Highlights of The Automobile Vacuum Tire Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radial Tires
- Slash Tires
- By Application:
- Motorcycle
- Car
- Passenger Car
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Vacuum Tire Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automobile vacuum tire is a type of air-filled rubber tire that uses a pump to create suction to move the vehicle.
Some of the key players operating in the automobile vacuum tire market are MacNeillie, Michelin, Hankook, SciTech Industries, Bridgestone, MacNeillie.
The automobile vacuum tire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Vacuum Tire Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Vacuum Tire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Vacuum Tire Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Vacuum Tire Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Vacuum Tire Market Size & Forecast, 2018-2028
4.5.1 Automobile Vacuum Tire Market Size and Y-o-Y Growth
4.5.2 Automobile Vacuum Tire Market Absolute $ Opportunity
Chapter 5 Global Automobile Vacuum Tire Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automobile Vacuum Tire Market Size Forecast by Type
5.2.1 Radial Tires
5.2.2 Slash Tires
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automobile Vacuum Tire Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automobile Vacuum Tire Market Size Forecast by Applications
6.2.1 Motorcycle
6.2.2 Car
6.2.3 Passenger Car
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Vacuum Tire Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Vacuum Tire Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automobile Vacuum Tire Analysis and Forecast
9.1 Introduction
9.2 North America Automobile Vacuum Tire Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automobile Vacuum Tire Market Size Forecast by Type
9.6.1 Radial Tires
9.6.2 Slash Tires
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automobile Vacuum Tire Market Size Forecast by Applications
9.10.1 Motorcycle
9.10.2 Car
9.10.3 Passenger Car
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automobile Vacuum Tire Analysis and Forecast
10.1 Introduction
10.2 Europe Automobile Vacuum Tire Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automobile Vacuum Tire Market Size Forecast by Type
10.6.1 Radial Tires
10.6.2 Slash Tires
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automobile Vacuum Tire Market Size Forecast by Applications
10.10.1 Motorcycle
10.10.2 Car
10.10.3 Passenger Car
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automobile Vacuum Tire Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automobile Vacuum Tire Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automobile Vacuum Tire Market Size Forecast by Type
11.6.1 Radial Tires
11.6.2 Slash Tires
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automobile Vacuum Tire Market Size Forecast by Applications
11.10.1 Motorcycle
11.10.2 Car
11.10.3 Passenger Car
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automobile Vacuum Tire Analysis and Forecast
12.1 Introduction
12.2 Latin America Automobile Vacuum Tire Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automobile Vacuum Tire Market Size Forecast by Type
12.6.1 Radial Tires
12.6.2 Slash Tires
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automobile Vacuum Tire Market Size Forecast by Applications
12.10.1 Motorcycle
12.10.2 Car
12.10.3 Passenger Car
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automobile Vacuum Tire Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automobile Vacuum Tire Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automobile Vacuum Tire Market Size Forecast by Type
13.6.1 Radial Tires
13.6.2 Slash Tires
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automobile Vacuum Tire Market Size Forecast by Applications
13.10.1 Motorcycle
13.10.2 Car
13.10.3 Passenger Car
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Vacuum Tire Market: Competitive Dashboard
14.2 Global Automobile Vacuum Tire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MacNeillie
14.3.2 Michelin
14.3.3 Hankook
14.3.4 SciTech Industries
14.3.5 Bridgestone
14.3.6 MacNeillie
