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Global Automotive Run-flat Tires Market 2019-2023 - Product Image

Global Automotive Run-flat Tires Market 2019-2023

  • ID: 4825165
  • Report
  • August 2019
  • Region: Global
  • 130 pages
  • TechNavio
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FEATURED COMPANIES

  • Bridgestone Corp.
  • Continental AG
  • Michelin Group
  • Pirelli & C. Spa
  • MORE
Global Automotive Run-flat Tires Market: About this market

Automotive run-flat tires allow the vehicle to continue to be driven to a certain distance at a reduced speed even if air pressure is reduced to zero. These tires offer comfort and convenience while driving by eliminating the immediate need for replacement. The automotive run-flat tires market analysis considers sales from both OEM and aftermarket. Our analysis also considers the sales of automotive run-flat tires in APAC, Europe, North America, South America, and MEA. In 2018, the OEM segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing fitment of run-flat tires as a standard accessory will play a significant role in the OEM segment to maintain its market position. Also, our global automotive run-flat tires market report also looks at factors such as benefits associated with the use of run-flat tires, increasing sales of luxury vehicles, growing demand for run-flat tires in the aftermarket. However, drawbacks associated with run-flat tires, stringent regulations on run-flat tire labeling, the growing use of self-healing technology in tires may hamper the growth of the automotive run-flat tires industry over the forecast period.

Global Automotive Run-flat Tires Market: Overview

Benefits associated with the use of run-flat tires

The growth of the global automotive run-flat tires market is primarily driven by the advantages associated with the use of run-flat tires. Enhanced safety and convenience are some advantages that increase the value proposition of run-flat tires. Another advantage of using run-flat tires is reduced risk of on-road collision or accidents. In addition, run-flat tires support the vehicle to run up to an average distance of about 80 to 100 miles after deflation, which is crucial when tire puncture or deflation occurs in an uninhabited region or area. These benefits will lead to the expansion of the global automotive run-flat tires market at a CAGR of over 3% during the forecast period.

Emergence of smart tires

The global automotive run-flat tires market is witnessing various trends that are expected to positively impact the market in focus during the forecast period. Prominent vendors operating in the global automotive tires market are using advanced materials, technologies, and processes to increase the value proposition of their tires. Technological advances enable the efficient use of rubber compounds in tire construction, without compromising on tire durability and reliability. It also offers low rolling resistance due to ION tire weight and makes use of a proprietary compound mix, which results in thinner tread depth, better-reinforced liner, and reduced wear and tear. Such developments are expected to be incorporated in run-flat tires soon and will act as a market enabler during the forecast period.

Competitive Landscape

With the presence of several major players, the global automotive run-flat tires market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive run-flat tires manufacturers, that include Bridgestone Corp., Continental AG, Michelin Group, Pirelli & C. Spa, The Goodyear Tire & Rubber Co., and The Yokohama Rubber Co. Ltd.

Also, the automotive run-flat tires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bridgestone Corp.
  • Continental AG
  • Michelin Group
  • Pirelli & C. Spa
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY END-USER
  • Market segmentation by end-user
  • Comparison by end-user
  • OEM - Market size and forecast 2018-2023
  • Aftermarket - Market size and forecast 2018-2023
  • Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Emergence of smart tires
  • Increase in number of run-flat tire launches
  • Use of advanced technology in tire retreading
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bridgestone Corp.
  • Continental AG
  • Michelin Group
  • Pirelli & C. Spa
  • The Goodyear Tire & Rubber Co.
  • The Yokohama Rubber Co. Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits:
Exhibit 01: Global automotive tires market
Exhibit 02: Segments of global automotive tires market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2018
Exhibit 07: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 08: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 09: Five forces analysis 2018
Exhibit 10: Five forces analysis 2023
Exhibit 11: Bargaining power of buyers
Exhibit 12: Bargaining power of suppliers
Exhibit 13: Threat of new entrants
Exhibit 14: Threat of substitutes
Exhibit 15: Threat of rivalry
Exhibit 16: Market condition - Five forces 2018
Exhibit 17: End-user - Market share 2018-2023 (%)
Exhibit 18: Comparison by end-user
Exhibit 19: OEM - Market size and forecast 2018-2023 ($ millions)
Exhibit 20: OEM - Year-over-year growth 2019-2023 (%)
Exhibit 21: Aftermarket - Market size and forecast 2018-2023 ($ millions)
Exhibit 22: Popular aftermarket run-flat tire suppliers
Exhibit 23: Aftermarket - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by end-user
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 30: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: North America - Year-over-year growth 2019-2023 (%)
Exhibit 32: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 34: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: South America - Year-over-year growth 2019-2023 (%)
Exhibit 36: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Self-healing tires with compatible vehicle models
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Bridgestone Corp. - Vendor overview
Exhibit 48: Bridgestone Corp. - Business segments
Exhibit 49: Bridgestone Corp. - Organizational developments
Exhibit 50: Bridgestone Corp. - Geographic focus
Exhibit 51: Bridgestone Corp. - Segment focus
Exhibit 52: Bridgestone Corp. - Key offerings
Exhibit 53: Continental AG - Vendor overview
Exhibit 54: Continental AG - Business segments
Exhibit 55: Continental AG - Organizational developments
Exhibit 56: Continental AG - Geographic focus
Exhibit 57: Continental AG - Segment focus
Exhibit 58: Continental AG - Key offerings
Exhibit 59: Michelin Group - Vendor overview
Exhibit 60: Michelin Group - Business segments
Exhibit 61: Michelin Group - Organizational developments
Exhibit 62: Michelin Group - Geographic focus
Exhibit 63: Michelin Group - Segment focus
Exhibit 64: Michelin Group - Key offerings
Exhibit 65: Pirelli & C. Spa - Vendor overview
Exhibit 66: Pirelli & C. Spa - Business segments
Exhibit 67: Pirelli & C. Spa - Organizational developments
Exhibit 68: Pirelli & C. Spa - Geographic focus
Exhibit 69: Pirelli & C. Spa - Segment focus
Exhibit 70: Pirelli & C. Spa - Key offerings
Exhibit 71: The Goodyear Tire & Rubber Co. - Vendor overview
Exhibit 72: The Goodyear Tire & Rubber Co. - Organizational developments
Exhibit 73: The Goodyear Tire & Rubber Co. - Geographic focus
Exhibit 74: The Goodyear Tire & Rubber Co. - Key offerings
Exhibit 75: The Yokohama Rubber Co. Ltd. - Vendor overview
Exhibit 76: The Yokohama Rubber Co. Ltd. - Business segments
Exhibit 77: The Yokohama Rubber Co. Ltd. - Organizational developments
Exhibit 78: The Yokohama Rubber Co. Ltd. - Geographic focus
Exhibit 79: The Yokohama Rubber Co. Ltd. - Segment focus
Exhibit 80: The Yokohama Rubber Co. Ltd. - Key offerings
Exhibit 81: Validation techniques employed for market sizing
Exhibit 82: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Bridgestone Corp.
  • Continental AG
  • Michelin Group
  • Pirelli & C. Spa
  • MORE
The following companies are recognised as the key players in the global automotive run-flat tires market: Bridgestone Corp., Continental AG, Michelin Group, Pirelli & C. Spa, The Goodyear Tire & Rubber Co., and The Yokohama Rubber Co. Ltd.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the emergence of smart tires.”

According to the report, one of the major drivers for this market is the benefits associated with the use of run-flat tires.

Further, the report states that one of the major factors hindering the growth of this market is the growing use of self-healing technology in tires.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Bridgestone Corp.
  • Continental AG
  • Michelin Group
  • Pirelli & C. Spa
  • The Goodyear Tire & Rubber Co.
  • The Yokohama Rubber Co. Ltd.
Note: Product cover images may vary from those shown
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