Global Airless Tires Market, By Type (Radial Tires, Bias Tires), Material (Rubber, Plastic), Vehicle Type (Two-Wheeler, Passenger Cars, Light/Heavy Industrial/Commercial, Trucks and Buses), Rim Size (Less than 15 Inches, 15 to 20 Inches, More than 20 Inches), Sales Channel (OE, Aftermarket) – Industry Trends and Forecast to 2029

AIRLESS TIRES MARKET ANALYSIS AND INSIGHT-

  • Global Airless Tires Market was valued at USD 48.77 million in 2021 and is expected to reach USD 76.57 billion by 2029, registering a CAGR of 5.80% during the forecast period of 2022-2029. Light/Heavy Industrial/Commercial segment is expected to witness high growth in the vehicle type segments owing to the ongoing initiatives by industry players to introduce non-pneumatic tires. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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Airless Tires Market survey report helps examine the market based on market share, product, and product share. It also evaluates the market on the basis of end-users and applications and focus on the growth rate of each application. This market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Analysis and estimation of important industry trends, market size, and market share are mentioned in the market report. The usefulness of SWOT analysis and Porter's Five Forces analysis in generating market research report makes it preferable by the businesses and hence also used while preparing the winning Airless Tires Market report.

MARKET DEFINITION

Airless tires, also known as non- pneumatic tires or flat-free tires, refer to the type of tires that are not supported by air pressure. These tires are widely utilized on numerous vehicles, including two-wheeler, passenger cars, and heavy equipment such as backhoes, among others.

AIRLESS TIRES MARKET SEGMENTATION

Type

  • Radial Tires
  • Bias Tires

Material

  • Rubber
  • Plastic

Vehicle Type

  • Two-Wheeler
  • Passenger Cars
  • Light/Heavy Industrial/Commercial
  • Trucks and Buses

Rim Size

  • Less than 15 Inches
  • 15 to 20 Inches
  • More than 20 Inches

Sales Channel

  • OE
  • Aftermarket

COVID-19 had a Major Impact on Airless Tires Market

The COVID-19 had a negative impact on the airless tires market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand for automotive parts and components. The supply chain got hampered during the pandemic along with delay logistics activities. However, the airless tires market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions and increase in the number of heavy commercial vehicles.

Recent Developments

  • Bridgestone launched the concept version of an air-free commercial truck tire in February’2020, during the annual meeting of the American Trucking Associations’ Technology and Maintenance (TMC) council held in Atlanta.
  • Michelin agreed to partner with General Motors in June’2019 for the development and validation of tire supplier's Unique Puncture-proof Tire System, or Uptis. The companies plan to introduce the tires on passenger vehicles as early as 2024.

AIRLESS TIRES MARKET COUNTRY LEVEL ANALYSIS

  • The countries covered in the Airless Tires Market report are
  • U.S.
  • Canada
  • and Mexico in North America
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Netherlands
  • Switzerland
  • Russia
  • Belgium
  • Turkey
  • and Rest of Europe
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Australia
  • Thailand
  • Indonesia
  • Philippines and Rest of Asia-Pacific in the Asia-Pacific (APAC)
  • Saudi Arabia
  • U.A.E
  • South Africa
  • Egypt
  • Israel
  • and Rest of the Middle East and Africa
  • Brazil
  • Argentina

KEY MARKET COMPETITORS COVERED IN THE REPORT

  • Amerityre (US)
  • The Yokohama Rubber Co., Ltd. (Japan)
  • Trelleborg AB (Sweden)
  • Continental AG (Germany)
  • Bridgestone Corporation (Japan)
  • Michelin (France)
  • The Goodyear Tyre & Rubber Company (US)
  • Sumitomo Corporation (Japan)
  • Hankook Tire & Technology Co.,Ltd. (South Korea)
  • Toyo Tire Corporation (Japan)

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/reports/global-airless-tires-market

BASIC QUESTIONS ANSWERED

  • What are the key driving factors and challenges in the industry?
  • Who are the key market players in the Airless Tires Market?
  • What are the regional growth trends and the leading revenue-generating regions for the Airless Tires Market?
  • How has the Airless Tires Market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Airless Tires Market?
  • What are the key regional markets?
  • What is the major Product Type of Airless Tires Market?
  • What are the major applications of Airless Tires Market?

MAJOR TOC OF THE REPORT

  • Chapter 1 Introduction
  • Chapter 2 Summary and Highlights
  • Chapter 3 Market Overview
  • Chapter 4 Global Airless Tires Market by Process
  • Chapter 5 Global Airless Tires Market by Application
  • Chapter 6 Global Airless Tires Market by Region
  • Chapter 7 Competitive Landscape
  • Chapter 8 Company Profiles

Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-airless-tires-market

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