The global market for airless tires was estimated to be worth USD 48.77 million in 2021 and is anticipated to grow to USD 76.57 billion by 2029, registering a CAGR of 5.80% from 2022 to 2029. Due to continuous efforts by industry participants to introduce non-pneumatic tires, the light/heavy industrial/commercial market is anticipated to experience substantial growth in the vehicle type categories. The market report created by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis in addition to market insights like market value, growth rate, market segments, geographical coverage, market players, and market scenario.

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To make business victorious and successful, adopting such consistent Airless Tires Market research report is one of the vital keys. It also figures out the probable market for a new product to be launched, assesses client company’s market share and possible sales volume. The market analysis study finds out the general market conditions while working on this report. Moreover, it recognizes the types of consumers, their response and views about the products, and their thoughts for the step up of a product. The superior Airless Tires Market business report also estimates the most appropriate method for the distribution of certain product.

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 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

KEY POINTERS COVERED IN AIRLESS TIRES MARKET INDUSTRY TRENDS AND FORECAST TO 2027

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market value and over view of  Airless Tires Market
  • Company profiling of top eight players of  Airless Tires Market

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BASIC QUESTIONS ASKED

  • Which key product category dominates the Airless Tires Market?
  • What problems do SMEs and well-known vendors in the Airless Tires Market face?
  • What are the main driving forces behind the global Airless Tires Market?
  • What potential does the market for digital payments have?
  • What trends are present in this business?

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)

AIRLESS TIRES MARKET COUNTRY LEVEL ANALYSIS

  • The countries covered in the Airless Tires Market report are
  • U.S.
  • Canada
  • Mexico
  • South Korea
  • Australia
  • Hong-Kong and the rest of Asia-Pacific
  • Brazil
  • Argentina
  • Venezuela
  • Colombia
  • Ecuador
  • Peru
  • Uruguay
  • Costa Rica
  • Panama
  • Dominican Republic and Rest of Latin America and Turkey.

MAJOR TOC OF THE REPORT

  • Introduction
  • Market Segmentation
  • Executive Summary
  • Premium Insights
  • Global Airless Tires Market: Regulations
  • Market Overview
  • Global Airless Tires Market, By Type
  • Global Airless Tires Market, By Source
  • Global Airless Tires Market, By Therapy
  • Global Airless Tires Market, By Transporting Capacity
  • Global Airless Tires Market, By Route of administration
  • Global Airless Tires Market, By Region
  • Global Airless Tires Market: Company Landscape
  • SWOT Analyses
  • Company Profile

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RESEARCH METHODOLOGY OF GLOBAL AIRLESS TIRES MARKET

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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