Advanced Tires Market Growth 16.8%, Share, Trend, Size, Price, Future Analysis, Regional Outlook to 2025
Global advanced tires market is valued approximately USD 136 million in 2017 and is anticipated to grow with a healthy growth rate of more than 16.8% over the forecast period 2018-2025. Increasing demand of advanced technologies such as increasing demand for connected and autonomous technologies in automotive sector is expected to drive the market growth.
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Advanced tires comprise technologies including RFID chips, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase demand for advanced tires across the globe. Increasing industry standard for advancing advanced tire are also a driving factor for the market growth. For instance as per RAIN RFID Alliance in 2018, ISO/NP 20909 – Radio frequency identification (RFID) tire tags, SO/NP 20910 – Coding for Radio frequency identification (RFID) tire tags, ISO/NP 20911 – Embedding methods for Radio frequency identification (RFID) tire tags and ISO/NP 20912 – Testing methods for Radio frequency identification are some of the standards that also contributes in the advancement of automotive tires.
The regional analysis of Global Advanced Tires Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the dominating region across the world in terms of market share region over the forecast period 2019-2025.
The leading market players mainly include-
• Continental
• Bridgestone
• Michelin
• Goodyear
• Pirelli
• Sumitomo
• Yokohama
• Hankook Tire
• Nokian
• Ceat
• Toyo Tire & Rubber Co. Ltd.
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On the basis of segmentation, the Advanced Tires market is segmented into On-Highway Vehicle Type, Technology Type, Off-Highway Vehicle Type, Niche Technology, Material Type and Type segments. On-Highway Vehicle Type segment includes LDV and HDV, Technology Type segment is divided into Chip-Embedded Tires, Self-Inflating Tires, Multi-Chamber Tires and All-In-One Tires). Moreover, Off-Highway Vehicle Type is categorized into In-Vehicle and External Cloud Ser Agricultural Tractors, Construction & Mining Equipment and industrial Equipment, Niche Technology includes 3D Printed Tires Autonomous Vehicle Advanced Tires, Material Type includes Natural Rubber, Synthetic Rubber Steel, Elastomers and Other Materials and Type is categorized into Pneumatic Tires, Run-Flat Tires and Airless Tires.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Target Audience of the Global Advanced Tires Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Major Points Covered in Table of Contents:-
Chapter 1. Global Advanced Tires Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Advanced Tires Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter\’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Advanced Tires Market, By On-Highway Vehicle Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Global Advanced Tires Market, Sub Segment Analysis
5.3.1. LDV
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. HDV
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 6. Global Advanced Tires Market, By Technology Type
6.1. Market Snapshot
6.2. Market Performance – Potential Model
6.3. Global Advanced Tires Market, Sub Segment Analysis
6.3.1. Chip-Embedded Tires
6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.2. Self-Inflating Tires
6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.3. Multi-Chamber Tires
6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
6.3.4. All-In-One Tires
6.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
6.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 7. Global Advanced Tires Market, By Off-Highway Vehicle Type
7.1. Market Snapshot
7.2. Market Performance – Potential Model
7.3. Global Advanced Tires Market, Sub Segment Analysis
7.3.1. Agricultural Tractors
7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.2. Construction & Mining Equipment
7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
7.3.3. Industrial Equipment
7.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
7.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 8. Global Advanced Tires Market, By Niche Technology
8.1. Market Snapshot
8.2. Market Performance – Potential Model
8.3. Global Advanced Tires Market, Sub Segment Analysis
8.3.1. 3D Printed Tires
8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
8.3.2. Autonomous Vehicle Advanced Tires
8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
8.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 9. Global Advanced Tires Market, By Material Type
9.1. Market Snapshot
9.2. Market Performance – Potential Model
9.3. Global Advanced Tires Market, Sub Segment Analysis
9.3.1. Natural Rubber
9.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.2. Synthetic Rubber
9.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.3. Steel
9.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.4. Elastomers
9.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
9.3.5. Other Materials
9.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
9.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 10. Global Advanced Tires Market, By Type
10.1. Market Snapshot
10.2. Market Performance – Potential Model
10.3. Global Advanced Tires Market, Sub Segment Analysis
10.3.1. Pneumatic Tires
10.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
10.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
10.3.2. Run-Flat Tires
10.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
10.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
10.3.3. Airless Tires
10.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
10.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
Chapter 11. Global Advanced Tires Market, by Regional Analysis
Chapter 12. Competitive Intelligence
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