Advanced Tires Market to Grow at 17.98% CAGR to 2030 - Global Size, Growth, Trends, Outlook and Future Scope Analysis
Primary objective of study is to define, describe, & forecast advanced tires market by on-highway vehicle type (LDV, HDV),off-highway vehicle type (industrial equipment, agricultural tractors, & construction & mining equipment), material, niche technology
(EMAILWIRE.COM, December 18, 2018 ) Advanced tires market is projected to grow at a CAGR of 17.98% during the forecast period, to reach USD 1,148.3 million by 2030 from an estimated USD 219.7 million in 2020. Increased focus toward reduction in carbon footprints by tire manufacturing industry, high demand for green & organic raw materials for tires, & rising need for safety and convenience are key factors driving growth of advanced tires market. Get Sample Papers Now at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1720462 .
Some of players in advanced tires market is dominated by a few globally established players such as Continental (Germany), Bridgestone (Japan), Michelin (France), Goodyear(US), Pirelli (Italy), Sumitomo (Japan), Yokohama (Japan), Hankook Tire (South Korea), Nokian (Finland),CEAT (India) and Toyo Tire (Japan).
Target Audience
• On-highway Tire manufacturers
• Off-highway tire manufacturers
• Tire associations
• Automotive associations
• Tire raw material manufacturers
• Global industrial vehicle and cargo handling associations
• Government and regulatory authorities
• Research and consulting associations
The research methodology used in advanced tires market report involves various secondary sources such as EAMA, OICA, CEMA, and paid databases such as Marklines, Factiva, & other directories. Experts from related industries and suppliers have been interviewed to understand future trends of the advanced tires market. Bottom-up approach has been used to estimate market size, by volume.
Get More Information on Global Advanced Tires Market Research Report Now at http://www.rnrmarketresearch.com/contacts/discount?rname=1720462 .
Advanced tires comprise technologies such as chip-embedded, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase the in-vehicle convenience by significantly. These technologies help increase the durability of the tire by real-time monitoring of tire pressure. Moreover, the tire pressure within normal range also improves the fuel efficiency of the vehicle.
Objectives of the Study
• To estimate and forecast the advanced tires market, by on-highway vehicle type, by type, by technology, by material, and by region
• To segment the advanced tires market and forecast the market size, by value and volume for off-highway vehicles on the basis of vehicle type and technology at the regional level
• To segment the advanced tires market and forecast the market size, by value and volume, for 3D printing technology and autonomous vehicle type at the regional level
More Information on Advanced Tires Market by On-Highway & Off-Highway Vehicle, Technology (TPMS, Chip-Embedded, Self-Inflating, All-in-One, Multi-Chamber), Autonomous Vehicle, 3D Printed, Type (Run-flat, Airless, Pneumatic), Material, and Region - Global Forecast to 2030” report Now at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1720462 .
The elastomers are estimated to lead the advanced tires market by material. Need for lightweight and durable raw materials will fuel the demand for elastomers. Also, the price fluctuations and a decrease in the production of natural rubber are estimated to hamper the tire manufacturing companies. This has led to the demand for elastomers.
The study contains insights provided by various industry experts ranging from equipment manufacturers, shipping authorities, and distributors. The break-up of the primaries is as follows:
• By Company Type: Tier 1 - 58%, Tier 2 -25%, OEM -17%
• By Designation: Manager level- 67%, C-Level-25%, Other – 8%
• By Region: Europe- 42%, Asia Oceania- 42%, North America- 8% and RoW-8%
Some of players in advanced tires market is dominated by a few globally established players such as Continental (Germany), Bridgestone (Japan), Michelin (France), Goodyear(US), Pirelli (Italy), Sumitomo (Japan), Yokohama (Japan), Hankook Tire (South Korea), Nokian (Finland),CEAT (India) and Toyo Tire (Japan).
Target Audience
• On-highway Tire manufacturers
• Off-highway tire manufacturers
• Tire associations
• Automotive associations
• Tire raw material manufacturers
• Global industrial vehicle and cargo handling associations
• Government and regulatory authorities
• Research and consulting associations
The research methodology used in advanced tires market report involves various secondary sources such as EAMA, OICA, CEMA, and paid databases such as Marklines, Factiva, & other directories. Experts from related industries and suppliers have been interviewed to understand future trends of the advanced tires market. Bottom-up approach has been used to estimate market size, by volume.
Get More Information on Global Advanced Tires Market Research Report Now at http://www.rnrmarketresearch.com/contacts/discount?rname=1720462 .
Advanced tires comprise technologies such as chip-embedded, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase the in-vehicle convenience by significantly. These technologies help increase the durability of the tire by real-time monitoring of tire pressure. Moreover, the tire pressure within normal range also improves the fuel efficiency of the vehicle.
Objectives of the Study
• To estimate and forecast the advanced tires market, by on-highway vehicle type, by type, by technology, by material, and by region
• To segment the advanced tires market and forecast the market size, by value and volume for off-highway vehicles on the basis of vehicle type and technology at the regional level
• To segment the advanced tires market and forecast the market size, by value and volume, for 3D printing technology and autonomous vehicle type at the regional level
More Information on Advanced Tires Market by On-Highway & Off-Highway Vehicle, Technology (TPMS, Chip-Embedded, Self-Inflating, All-in-One, Multi-Chamber), Autonomous Vehicle, 3D Printed, Type (Run-flat, Airless, Pneumatic), Material, and Region - Global Forecast to 2030” report Now at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1720462 .
The elastomers are estimated to lead the advanced tires market by material. Need for lightweight and durable raw materials will fuel the demand for elastomers. Also, the price fluctuations and a decrease in the production of natural rubber are estimated to hamper the tire manufacturing companies. This has led to the demand for elastomers.
The study contains insights provided by various industry experts ranging from equipment manufacturers, shipping authorities, and distributors. The break-up of the primaries is as follows:
• By Company Type: Tier 1 - 58%, Tier 2 -25%, OEM -17%
• By Designation: Manager level- 67%, C-Level-25%, Other – 8%
• By Region: Europe- 42%, Asia Oceania- 42%, North America- 8% and RoW-8%
Contact Information:
ReportsnReports
Mr. Vishal
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
ReportsnReports
Mr. Vishal
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results