The global airless tires market size is forecasted to reach from US$ 51.04 million in 2021 to US$ 80.52 million by 2030, growing at a CAGR of 5.2% from 2021 to 2030, as per reports by market research and consulting organization Precedence Research.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The airless tires market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). The report offers exclusive insights to help companies make informed decisions to sustain growth through the assessment period.
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The solid and non-pneumatic tires that are not supported by air pressure are known as airless tires. They’re usually made of plastic or rubber, although 3D printing is being used more and more these days. These tires minimize accidents caused by flat tires and blowouts, as well as ensuring passenger safety. Furthermore, the airless tires market is likely to be driven by an increase in the number of heavy commercial vehicles, such as heavy construction equipment and heavy-duty trucks, as a result of globalization and urbanization.
The increasing demand for all-terrain and military vehicles, ongoing technological advancements to minimize tire vibration and noise, the presence of technology suppliers in the market, and the rising automotive sector are some of the primary factors driving the airless tires market expansion during the forecast period.
Scope of the Airless Tires Market
| Report Coverage | Details |
| Market Size in 2020 | USD 48.6 Million |
| Growth Rate from 2021 to 2030 | 5.2% |
| Revenue Projection by 2030 | USD 80.52 Million |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2030 |
Competitive Intelligence
The report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation and so on.
Some of the prominent players in the global airless tires market are listed as below:
- Trelleborg
- Continental AG
- Michelin
- Toyo Tire Corporation
- Hankook Tire & Technology Co. Ltd
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire & Rubber Company
- The Yokohama Rubber Co. Ltd
- Bridgestone Corporation
- Ameritire Corporation
Some major findings of the airless tires market study include:
- Asia-Pacific is the largest and fastest-growing market for airless tires.
- Key airless tire industry participants include Trelleborg, Continental AG, Michelin, Toyo Tire Corporation, Hankook Tire & Technology Co. Ltd, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Company, The Yokohama Rubber Co. Ltd, Bridgestone Corporation, Ameritire Corporation.
- Shifting focus towards maintenance-free tires will positively influence product penetration.
- Increasing product demand from passenger and commercial vehicles will drive market growth in the coming years.
- Product manufacturers are focusing on strategic mergers and acquisitions, technology advancement, and geographic expansion strategies in the long run.
Covid-19 Scenario:
- There were major challenges such as manufacturing with full capacity, working capital management, regulatory and policy changes, supply chain execution, lack of labor, and liquidity and solvency management during the pandemic for manufacturers of airless tires.
- The investments in R&D activities were reduced and the pace of development of new technologies for solid or plastic tires slowed down.
- The disruptions in operations in the automotive industry reduced the demand for airless tires during the lockdown. However, the demand increased gradually post-lockdown.
The report offers detailed segmentation of the global airless tire market based on product, vehicle, material, sales channel, and region.
Segments Covered in the Report
By Product
- Radial
- Bias
By Vehicle
- Military Vehicle
- Passenger Vehicle
- Commercial Vehicle
- Terrain Vehicle
- Utility Vehicle
- Two-wheelers
By Material
- Rubber
- Plastic
By Sales Channel
- Original Equipment Manufacturer (OEM)
- Aftermarket
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Airless Tires Market
5.1. COVID-19 Landscape: Airless Tires Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Airless Tires Market, By Product
8.1. Airless Tires Market, by Product Type, 2021-2030
8.1.1. Radial
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Bias
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Airless Tires Market, By Vehicle
9.1. Airless Tires Market, by Vehicle, 2021-2030
9.1.1. Military Vehicle
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Passenger Vehicle
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Commercial Vehicle
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Terrain Vehicle
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Utility Vehicle
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Two-wheelers
9.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Airless Tires Market, By Material Type
10.1. Airless Tires Market, by Material Type, 2021-2030
10.1.1. Rubber
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Plastic
10.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Airless Tires Market, By Sales Channel Type
11.1. Airless Tires Market, by Sales Channel Type, 2021-2030
11.1.1. Original Equipment Manufacturer (OEM)
11.1.1.1. Market Revenue and Forecast (2019-2030)
11.1.2. Aftermarket
11.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 12. Global Airless Tires Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2019-2030)
12.1.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.1.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.1.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.1.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2019-2030)
12.1.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.1.6.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.1.6.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2019-2030)
12.2.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.2.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.2.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.2.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
12.2.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.6.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.2.6.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2019-2030)
12.2.7.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.7.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.2.7.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2019-2030)
12.2.8.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.2.8.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.2.8.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2019-2030)
12.3.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.3.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.3.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.3.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
12.3.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.6.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.3.6.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2019-2030)
12.3.7.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.7.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.3.7.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2019-2030)
12.3.8.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.3.8.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.3.8.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2019-2030)
12.4.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.4.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.4.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.4.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
12.4.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.6.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.4.6.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2019-2030)
12.4.7.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.7.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.4.7.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2019-2030)
12.4.8.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.4.8.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.4.8.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2019-2030)
12.5.5.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.5.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.5.5.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2019-2030)
12.5.6.2. Market Revenue and Forecast, by Vehicle (2019-2030)
12.5.6.3. Market Revenue and Forecast, by Material Type (2019-2030)
12.5.6.4. Market Revenue and Forecast, by Sales Channel Type (2019-2030)
Chapter 13. Company Profiles
13.1. Trelleborg
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Continental AG
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Michelin
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Toyo Tire Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Hankook Tire & Technology Co. Ltd
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Sumitomo Rubber Industries Ltd.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. The Goodyear Tire & Rubber Company
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. The Yokohama Rubber Co. Ltd
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Bridgestone Corporation
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Ameritire Corporation
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global airless tires market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for airless tires are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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