Market Overview:
The global automotive airless tire market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fuel-efficient and environment-friendly vehicles. Additionally, the growing trend of autonomous vehicles is also expected to boost the demand for airless tires in the coming years. The global automotive airless tire market can be segmented on the basis of type into radial tires and bias tires. Radial tires are expected to dominate the market during the forecast period owing to their superior performance as compared to bias tires. On the basis of application, passenger vehicles are anticipated to account for a major share ofthe global automotive airless tiremarket in 2018 followed by commercial vehicles.
Product Definition:
A tire that does not use air pressure to maintain its shape and support the weight of a vehicle. Automotive airless tires are made of rubber and plastic, and typically have a honeycomb-like structure inside that helps them retain their shape. They are often used on unmanned aerial vehicles (UAVs) or other vehicles where low weight is important.
Radial Tires:
Radial tires are expected to gain market share in the automotive airless tire industry over the forecast period owing to several benefits such as high performance, safety and fuel economy. The radial tire is a type of pneumatic tire that has a ribbed or tread pattern formed by multiple concentric rings. It was initially designed for use in aircraft but is now used on road vehicles as well.
Bias Tires:
Bias tires are also known as radial tires and they have a ribbed pattern running around the tire. The bias in the name of the product refers to the two hemispheres of different construction, which is created by folding over one side of a ply tire. Bias technology was first used in bicycle tires but it is now being used for automobile as well as truck & bus tires owing to its better performance characteristics.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The demand for airless tires is expected to increase in the passenger vehicle segment owing to their advantages such as high safety, low noise and better handling compared to conventional tires. In addition, stringent government regulations regarding reduced vehicular emissions are anticipated to further drive the product demand in this application segment over the forecast period.
Commercial vehicles are projected to be one of the fastest growing segments with a CAGR of XX% from 2018 to 2030 owingto increasing government initiatives on reducing greenhouse gas emissions from heavy-duty vehicles such as trucks and buses among others transport modes globally which is likely drive airless tire manufacturers toward greater penetration levels across various commercial vehicles types globally thereby propelling market growth during future phases of analysis.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing sales of passenger vehicles in China and India. The presence of key players such as Bridgestone, Firestone, Goodyear and Michelin in Japan will also drive the demand for airless tires over the forecast period. Furthermore, growing adoption of electric vehicles across countries such as China and India will further boost product demand in Asia Pacific region.
Europe accounted for more than 25% share in terms of volume consumed globally on account high sale volumes premium cars and commercial trucks over past few years which has led European automakers including Daimler AG; Mercedes-Benz AG; Volkswagen Group; Ford Motor Company Europe are expected to increase their tire production capacities by 2025 thus driving growth over next eight years.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in airless tire manufacturing process
- Growing popularity of electric and hybrid vehicles
- Stringent government regulations on vehicular emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Airless Tire Market Research Report
By Type
Radial Tires, Bias Tires
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Bridgestone, Goodyear, Continental, MICHELIN, Pirelli Tyre, Sumitomo Rubber Industries, Hankook Tire, CST, Yokohama Tire, SciTech Industries, Bridgestone
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
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Airless Tire Market Report Segments:
The global Automotive Airless Tire market is segmented on the basis of:
Types
Radial Tires, Bias 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
Passenger Vehicle, Commercial Vehicle
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:
- Bridgestone
- Goodyear
- Continental
- MICHELIN
- Pirelli Tyre
- Sumitomo Rubber Industries
- Hankook Tire
- CST
- Yokohama Tire
- SciTech Industries
- Bridgestone
Highlights of The Automotive Airless 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
- Bias Tires
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Automotive Airless 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
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- Consumer Insights
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- Product & Brand Management
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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?
Automotive airless tires are a type of tire that do not require air to inflate. They are made from a rubber compound that is heated until it becomes liquid, and then injected into the tire. This liquid rubber is forced out through tiny holes in the surface of the tire, and as it does so, it creates a vacuum which pulls on the wheel and causes it to rotate.
Some of the major companies in the automotive airless tire market are Bridgestone, Goodyear, Continental, MICHELIN, Pirelli Tyre, Sumitomo Rubber Industries, Hankook Tire, CST, Yokohama Tire, SciTech Industries, Bridgestone.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Airless 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 Automotive Airless Tire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Airless 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 Automotive Airless 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 Automotive Airless Tire Market Size & Forecast, 2020-2028
4.5.1 Automotive Airless Tire Market Size and Y-o-Y Growth
4.5.2 Automotive Airless Tire Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Radial Tires
5.2.2 Bias Tires
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Airless 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 Automotive Airless 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Radial Tires
9.6.2 Bias 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 Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Radial Tires
10.6.2 Bias 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 Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Radial Tires
11.6.2 Bias 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 Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Radial Tires
12.6.2 Bias 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 Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Radial Tires
13.6.2 Bias 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) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Automotive Airless Tire Market: Competitive Dashboard
14.2 Global Automotive Airless Tire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone
14.3.2 Goodyear
14.3.3 Continental
14.3.4 MICHELIN
14.3.5 Pirelli Tyre
14.3.6 Sumitomo Rubber Industries
14.3.7 Hankook Tire
14.3.8 CST
14.3.9 Yokohama Tire
14.3.10 SciTech Industries
14.3.11 Bridgestone
