Advanced Tires Market is forecasted to value over USD 962 million by 2028 end and register a CAGR of 17.4% from the forecast period 2021-2028.
With the advent of IoT and AI, the automotive industry is bound to showcase significant growth in the upcoming years. The rise in the manufacturing of autonomous vehicles, the customers obtaining predictive maintenance data, understanding traffic dynamics are some of the factors that have resulted in the significant growth of the automotive industry. Furthermore, many car dealers are using the latest technologies like augmented reality which enhances the buying experience of consumers. Major car manufacturers are slowly adopting Advanced Tires owing to the air pollution caused by gasoline and diesel vehicles which has opened new opportunities for emerging players to establish their position in the market.
The Advanced Tires Market assessment is performed taking various factors into consideration, like for instance, the business expansion policies of key players, competitive analysis of the progress of new entrants and emerging players, the revenue, financial, and opportunity analysis of market players. The Advanced Tires Market is also evaluated based on the regional segmentation, product type or technique, end-user spectrum, etc. This research will be conducted with the implementation of the latest market research methodologies which shall help organizations comprehend the overall market scenario and strategize accordingly.
Major players included in the Advanced Tires Market:
- Continental
- Bridgestone
- Michelin
- Goodyear
- Pirelli
- Sumitomo
- Yokohama
- Hankook Tire
- Nokian
- Toyo Tire & Rubber Co. Ltd.
- CEAT
(Note: The list of the major players will be updated with the latest market scenario and trends)
Advanced Tires Market Segmentation:
By Type
- Pneumatic Tires
- Run-Flat Tires
- Airless Tires
By On-Highway Vehicle Type
- LDV
- HDV
By On-Highway Vehicle Technology Type
- Chip-Embedded Tires
- Self-Inflating Tires
- Multi-Chamber Tires
- All-In-One Tires
By Off-Highway Vehicle Type and By Technology
- Agricultural Tractors
- By Region
- By Technology
- Construction & Mining Equipment
- By Region
- By Technology
- Industrial Equipment
- By Region
- By Technology
By Niche Technology
- 3D Printed Tires
- Autonomous Vehicle Advanced Tires
By Material Type
- Natural Rubber
- Synthetic Rubber
- Steel
- Elastomers
- Other Materials
By Region
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Advanced Tires Market Competitive Analysis:
- Tier-1 Players
- Tier-2 Players
- Emerging Players
- New Entrants
Future Market Analytics Focus Points:
- SWOT Analysis
- Key Market Trends
- Key Data -Points Affecting Market Growth
- Revenue and Forecast Analysis
- Growth Opportunities For New Entrants and Emerging Players
- Key Player and Market Growth Matrix
Objectives of the Study:
- To provide a comprehensive analysis on the Advanced Tires Market by type, by on-highway vehicle type, by on-highway vehicle technology type, by off-highway vehicle type and by technology, by niche technology, by material type and by region
- To cater extensive insights on factors influencing the market growth (drivers, restraints, industry-specific restraints, business expansion opportunities)
- To anticipate and analyse the market size expansion in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa
- To record and evaluate competitive landscape mapping- strategic alliances and mergers, technological advancements and product launches, revenue and financial analysis of key market players
In case of any requirements or changes to the current table of content please contact us at:enquiry@futuremarketanalytics.com
