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Airless Tire Market to 2027 - Global Analysis and Forecasts by Type; Vehicle Type; Material

  • ID: 4858455
  • Report
  • October 2019
  • Region: Global
  • 135 pages
  • The Insight Partners
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until May 15th 2020
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FEATURED COMPANIES

  • Amerityre
  • Bridgestone Corporation
  • Continental Corporation
  • Evolution Wheel
  • McLaren Industries
  • Michelin
  • MORE
The global airless tire market accounted for US$ 173.3 Mn in 2018 and is expected to grow at a CAGR of 5.1% over the forecast period 2019-2027, to account for US$ 270.0 Mn by 2027. The presence of well-known tire manufacturers across the globe in the airless tire market that are capitalizing heavily on the technology is enabling the industry to witness growth. The global airless tire market is dominated by North American region owing to higher adoption rate among the utility vehicle end users, military forces, and also various automakers.

Presently, pneumatic tires are dominating the global tire industry, however, due to disadvantages of conventional tires such as puncture, burst-outs, performance issues due to over and under inflation, the demand for innovative and alternative tire solutions is growing at a fast pace. The development of non-pneumatic tires or airless tires offers a solution to these disadvantages of conventional tires. There are many companies that have designed airless tires for applications such as golf carts, lawnmowers, trailers and military vehicles. Presently, rubber is the most common material that is being used in these tires. Solid tires made of rubber are used in these applications and they offer advantages such as high stability, puncture resistant and low maintenance over the conventional pneumatic tires. These tires also have the ability to serve various industrial and logistics purposes through their use in platform trucks, forklift trucks, heavy-duty transport vehicles, and airport vehicles, among other vehicles.

The presence of fast growing countries such as China and India as well as developed countries such as Japan, makes Asia pacific as one of the most promising market for the future growth of airless tire. The economic growth in developing countries of APAC is quite impressive and these countries are expected to offer ample growth opportunities for the airless tire market players during the forecast period of 2019-2027. Other developing regions such as the Middle East, Africa, and South America are also anticipated to offer ample growth opportunities to the airless tire market players during 2019-2027.

The market for airless tire has been segmented on the basis of type, vehicle type, material, and geography. Based on type, the market has been segmented into radial and bias. Based on vehicle type, the airless tire market has been segmented into ATV, utility vehicle, and military vehicle. The airless tire market is further segmented on the basis of material into rubber and composite. North America, Europe, Asia Pacific, Middle East and Africa, and South America are the five regions analyzed to gather information related to airless tires across the globe.

The market participants operating in the airless tire market are Amerityre, Bridgestone Corporation, Continental, Evolution Wheel, Hankook Tire & Technology Co. Ltd., McLaren Industries, Michelin, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Company, and Toyo Tire & Rubber Co. Ltd., among others.

The overall global airless tire market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global airless tire market. It also provides an overview and forecast for the airless tire market based on all the segmentation provided for the global region. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the airless tire market.

Reasons to Buy:
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the airless tire market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to type, vehicle type, and material.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amerityre
  • Bridgestone Corporation
  • Continental Corporation
  • Evolution Wheel
  • McLaren Industries
  • Michelin
  • MORE
1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Airless Tire Market - By Type
1.3.2 Global Airless Tire Market - By Vehicle Type
1.3.3 Global Airless Tire Market - By Material
1.3.4 Global Airless Tire Market - By Geography

2. Key Takeaways

3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Airless Tire Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South America PEST Analysis

5. Airless Tire Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising need to address the concerns for flat tire and limit the downtime cost
5.1.2 Escalation in the production of vehicles worldwide
5.2 Key Market Restraint
5.2.1 High cost and less commercialization
5.2.2 Sluggish adoption rate in many countries
5.3 Opportunity
5.3.1 Growing Construction and Infrastructure Developments
5.4 Future Trends
5.4.1 Opportunistic market for passenger cars
5.5 Impact Analysis of Drivers and Restraints

6. Airless Tire Market - Global Analysis
6.1 Global Airless Tire Market Overview
6.2 Global Airless Tire Market Forecast and Analysis

7. Airless Tire Market Analysis - By Type
7.1 Overview
7.2 Airless Tire Market Breakdown, By Type, 2018 & 2027
7.3 Radial Tire
7.3.1 Overview
7.3.2 Radial Tire Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Bias Tire
7.4.1 Overview
7.4.2 Bias Tire Market Revenue and Forecasts to 2027 (US$ Mn)

8. Airless Tire Market Analysis- By Vehicle Type
8.1 Overview
8.2 Global Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027
8.3 Utility Vehicle
8.3.1 Overview
8.3.2 Utility Vehicle Market Forecast and Analysis
8.4 Terrain Vehicle
8.4.1 Overview
8.4.2 Terrain Vehicle Market Forecast and Analysis
8.5 Military Vehicle
8.5.1 Overview
8.5.2 Military Vehicle Market Forecast and Analysis

9. Airless Tire Market Analysis - By Material
9.1 Overview
9.2 Airless Tire Market Breakdown, By Material, 2018 & 2027
9.3 Rubber
9.3.1 Overview
9.3.2 Rubber Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Composite
9.4.1 Overview
9.4.2 Composite Market Revenue and Forecasts to 2027 (US$ Mn)

10. Global Airless Tire Market - Geographic Analysis
10.1 Overview
10.2 North America Airless Tire Market Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Airless Tire Market Breakdown, By Type
10.2.4 North America Airless Tire Market Breakdown, By Vehicle Type
10.2.5 North America Airless Tire Market Breakdown, By Material
10.2.6 North America Airless Tire Market Breakdown, By Country
10.2.6.1 US Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.2.6.1.1 US Airless Tire System Market Breakdown, By Type
10.2.6.1.2 US Airless Tire Market Breakdown, By Vehicle Type
10.2.6.1.3 US Airless Tire Market Breakdown, By Material
10.2.6.2 Canada Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.2.6.2.1 Canada Airless Tire System Market Breakdown, By Type
10.2.6.2.2 Canada Airless Tire Market Breakdown, By Vehicle Type
10.2.6.2.3 Canada Airless Tire Market Breakdown, By Material
10.2.6.3 Mexico Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.2.6.3.1 Mexico Airless Tire System Market Breakdown, By Type
10.2.6.3.2 Mexico Airless Tire Market Breakdown, By Vehicle Type
10.2.6.3.3 Mexico Airless Tire Market Breakdown, By Material
10.3 Europe Airless Tire Market Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Airless Tire Market Breakdown, By Type
10.3.4 Europe Airless Tire Market Breakdown, By Vehicle Type
10.3.5 Europe Airless Tire Market Breakdown, By Material
10.3.6 Europe Airless Tire Market Breakdown, By Country
10.3.6.1 Germany Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.3.6.1.1 Germany Airless Tire System Market Breakdown, By Type
10.3.6.1.2 Germany Airless Tire Market Breakdown, By Vehicle Type
10.3.6.1.3 Germany Airless Tire Market Breakdown, By Material
10.3.6.2 France Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.2.1 France Airless Tire System Market Breakdown, By Type
10.3.6.2.2 France Airless Tire Market Breakdown, By Vehicle Type
10.3.6.2.3 France Airless Tire Market Breakdown, By Material
10.3.6.3 Italy Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.3.1 Italy Airless Tire System Market Breakdown, By Type
10.3.6.3.2 Italy Airless Tire Market Breakdown, By Vehicle Type
10.3.6.3.3 Italy Airless Tire Market Breakdown, By Material
10.3.6.4 UK Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.4.1 UK Airless Tire System Market Breakdown, By Type
10.3.6.4.2 UK Airless Tire Market Breakdown, By Vehicle Type
10.3.6.4.3 UK Airless Tire Market Breakdown, By Material
10.3.6.5 Russia Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.5.1 Russia Airless Tire System Market Breakdown, By Type
10.3.6.5.2 Russia Airless Tire Market Breakdown, By Vehicle Type
10.3.6.5.3 Russia Airless Tire Market Breakdown, By Material
10.3.6.6 Rest of Europe Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.6.1 Rest of Europe Airless Tire System Market Breakdown, By Type
10.3.6.6.2 Rest of Europe Airless Tire Market Breakdown, By Vehicle Type
10.3.6.6.3 Rest of Europe Airless Tire Market Breakdown, By Material
10.4 Asia Pacific Airless Tire Market Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 Asia Pacific Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.4.3 Asia Pacific Airless Tire Market Breakdown, By Type
10.4.4 Asia Pacific Airless Tire Market Breakdown, By Vehicle Type
10.4.5 Asia Pacific Airless Tire Market Breakdown, By Material
10.4.6 Asia Pacific Airless Tire Market Breakdown, By Country
10.4.6.1 China Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.1.1 China Airless Tire System Market Breakdown, By Type
10.4.6.1.2 China Airless Tire Market Breakdown, By Vehicle Type
10.4.6.1.3 China Airless Tire Market Breakdown, By Material
10.4.6.2 India Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.2.1 India Airless Tire System Market Breakdown, By Type
10.4.6.2.2 India Airless Tire Market Breakdown, By Vehicle Type
10.4.6.2.3 India Airless Tire Market Breakdown, By Material
10.4.6.3 Japan Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.3.1 Japan Airless Tire System Market Breakdown, By Type
10.4.6.3.2 Japan Airless Tire Market Breakdown, By Vehicle Type
10.4.6.3.3 Japan Airless Tire Market Breakdown, By Material
10.4.6.4 South Korea Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.4.6.4.1 South Korea Airless Tire System Market Breakdown, By Type
10.4.6.4.2 South Korea Airless Tire Market Breakdown, By Vehicle Type
10.4.6.4.3 South Korea Airless Tire Market Breakdown, By Material
10.4.6.5 Rest of APAC Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.5.1 Rest of APAC Airless Tire System Market Breakdown, By Type
10.4.6.5.2 Rest of APAC Airless Tire Market Breakdown, By Vehicle Type
10.4.6.5.3 Rest of APAC Airless Tire Market Breakdown, By Material
10.5 Middle East and Africa Airless Tire Market Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.5.3 Middle East and Africa Airless Tire Market Breakdown, By Type
10.5.4 Middle East and Africa Airless Tire Market Breakdown, By Vehicle Type
10.5.5 Middle East and Africa Airless Tire Market Breakdown, By Material
10.5.6 Middle East and Africa Airless Tire Market Breakdown, By Country
10.5.6.1 Middle East Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.5.6.1.1 Middle East Airless Tire System Market Breakdown, By Type
10.5.6.1.2 Middle East Airless Tire Market Breakdown, By Vehicle Type
10.5.6.1.3 Middle East Airless Tire Market Breakdown, By Material
10.5.6.2 Africa Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.5.6.2.1 Africa Airless Tire System Market Breakdown, By Type
10.5.6.2.2 Africa Airless Tire Market Breakdown, By Vehicle Type
10.5.6.2.3 Africa Airless Tire Market Breakdown, By Material
10.6 South America Airless Tire Market Revenue and Forecast to 2027
10.6.1 Overview
10.6.2 South America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.6.3 South America Airless Tire Market Breakdown, By Type
10.6.4 South America Airless Tire Market Breakdown, By Vehicle Type
10.6.5 South America Airless Tire Market Breakdown, By Material
10.6.6 South America Airless Tire Market Breakdown, By Country
10.6.6.1 Brazil Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.6.6.1.1 Brazil Airless Tire System Market Breakdown, By Type
10.6.6.1.2 Brazil Airless Tire Market Breakdown, By Vehicle Type
10.6.6.1.3 Brazil Airless Tire Market Breakdown, By Material
10.6.6.2 Rest of SAM Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.6.6.2.1 Rest of SAM Airless Tire System Market Breakdown, By Type
10.6.6.2.2 Rest of SAM Airless Tire Market Breakdown, By Vehicle Type
10.6.6.2.3 Rest of SAM Airless Tire Market Breakdown, By Material

11. Industry Landscape
11.1 Overview
11.2 Product & Technology Launch
11.3 Partnership

12. Airless Tire Market - Company Profile
12.1 Bridgestone Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Goodyear Tire & Rubber Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Michelin
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Toyo Tire Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Evolution Wheel
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 McLaren Industries Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Amerityre
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 Sumitomo Rubber Industries, Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Hankook Tire & Technology Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 Continental Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments

13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
Note: Product cover images may vary from those shown
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  • Amerityre
  • Bridgestone Corporation
  • Continental Corporation
  • Evolution Wheel
  • Hankook Tire & Technology Co. Ltd.
  • McLaren Industries
  • Michelin
  • Sumitomo Rubber Industries Ltd.
  • The Goodyear Tire & Rubber Company
  • Toyo Tire & Rubber Co. Ltd.
Note: Product cover images may vary from those shown
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