This Advanced Tires Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
The advanced tires market is expected to witness market growth at a rate of 16.9% in the forecast period of 2021 to 2028 and is expected to reach USD 34.3 million by 2028.
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Market Overview:
Advanced tires comprise of technologies including multi-chamber, self-inflating, chip-embedded or they could be called all-in-one tires in common terms. These technologies offer more suitability and help to the driver with the real-time monitoring of tire pressure which upsurges the sturdiness of the tires.
Some of the major players operating in the Advanced Tires Market are Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tyre & Rubber Company, Pirelli & C. S.p.A., Sumitomo Corporation, Yokohama Tire Corporation, Hankook Tire & Technology Co.,Ltd. Nokian Tyres plc, CEAT Ltd., Toyo Tire Corporation, Shandong Tang Ren Import and Export Trading Co., Ltd., Hebei Huichao Machinery Parts Co., Ltd., Zhejiang PDW Industrial Co., Ltd., Jiangxi Deyou Technology Co., Ltd., Pengda Rubber Product Factory, Qingdao Keter Tyre Co.Limited Trading Company, Shandong Juling Group, Aliner Automotive Equipments Pvt. Ltd., Auto Tool Equipment Solution among other domestic and global players.
Global Advanced Tires Market Scope
The advanced tires market is segmented on the basis of vehicle type, technology type, tire type and material type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of vehicle type, the advanced tires market is segmented into on-highway vehicle and off-highway vehicle. On-highway vehicles is further sub segmented into light duty vehicles and heavy duty vehicles.
- On the basis of technology type, the advanced tires market is segmented into on-highway technology, off-highway technology and niche technology. Further, on-highway technology is further sub segmented into self-inflating tires, chip-embedded tires, multi-chamber tires and all-in-one tires. Off-highway technology is further sub segmented into industrial equipment, agricultural tractors and construction & mining equipment. Niche technology is further sub segmented into autonomous vehicle advanced tires and 3D printed tires.
- On the basis of tire type, the advanced tires market is divided into airless, run-flat and pneumatic.
- On the basis of material type, the advanced tires market is segmented into synthetic rubber, steel, natural rubber, elastomers and others.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Advanced Tires Market Landscape
Part 04: Global Advanced Tires Market Sizing
Part 05: Global Advanced Tires Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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