
Advanced Tires Market by Technology Type (All-In-One Tires, Autonomous Vehicle Advanced Tires, Chip-Embedded Tires), Material Type (Elastomers, Natural Rubber, Steel), Off-Highway Vehicle Type, On-Highway Vehicle Type, Type - Global Forecast 2024-2030
Description
Advanced Tires Market by Technology Type (All-In-One Tires, Autonomous Vehicle Advanced Tires, Chip-Embedded Tires), Material Type (Elastomers, Natural Rubber, Steel), Off-Highway Vehicle Type, On-Highway Vehicle Type, Type - Global Forecast 2024-2030
The Advanced Tires Market size was estimated at USD 505.04 million in 2023 and expected to reach USD 612.36 million in 2024, at a CAGR 21.34% to reach USD 1,956.31 million by 2030.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Advanced Tires Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Advanced Tires Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Advanced Tires Market, highlighting leading vendors and their innovative profiles. These include Apollo Tyres Limited, Bridgestone Corporation, CEAT Ltd., Cheng Shin Rubber USA Inc., Continental AG, Dunlop Tyres, Guizhou Tyre Co., Ltd., Hankook Tire & Technology Co., Ltd., JK Tyre and Industries Limited, Michelin North America Inc., MRF Limited, Nankang Rubber Tire Corp., Ltd., Nexen Tire Corporation, Nokian Tyres PLC, Pirelli & C. S.p.A., Rockwell Automation, Inc., and Sumitomo Corporation.
Market Segmentation & Coverage
This research report categorizes the Advanced Tires Market to forecast the revenues and analyze trends in each of the following sub-markets:
Technology Type
All-In-One Tires
Elastomers
Agricultural Tractors
Heavy Duty Vehicle
Airless Tires
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Advanced Tires Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Advanced Tires Market?
- What are the technology trends and regulatory frameworks in the Advanced Tires Market?
- What is the market share of the leading vendors in the Advanced Tires Market?
- Which modes and strategic moves are suitable for entering the Advanced Tires Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
197 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Advanced Tires Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Focus on reduction in carbon footprints using green or organic raw material
- 5.1.1.2. High maintenance and replacement costs of conventional tires
- 5.1.1.3. Increase in automobile production and 3D printing advance technology
- 5.1.2. Restraints
- 5.1.2.1. High initial investment costs and complications in mass production
- 5.1.3. Opportunities
- 5.1.3.1. Autonomous and semi-autonomous vehicles
- 5.1.3.2. Rising concern for fuel efficiency and safety
- 5.1.4. Challenges
- 5.1.4.1. Alternatives are present as multi-chamber and airless tires
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Advanced Tires Market, by Technology Type
- 6.1. Introduction
- 6.2. All-In-One Tires
- 6.3. Autonomous Vehicle Advanced Tires
- 6.4. Chip-Embedded Tires
- 6.5. D Printed Tires
- 6.6. Multi-Chamber Tires
- 6.7. Self-Inflating Tires
- 7. Advanced Tires Market, by Material Type
- 7.1. Introduction
- 7.2. Elastomers
- 7.3. Natural Rubber
- 7.4. Steel
- 7.5. Synthetic Rubber
- 8. Advanced Tires Market, by Off-Highway Vehicle Type
- 8.1. Introduction
- 8.2. Agricultural Tractors
- 8.3. Construction & Mining Equipment
- 8.4. Industrial Equipment
- 9. Advanced Tires Market, by On-Highway Vehicle Type
- 9.1. Introduction
- 9.2. Heavy Duty Vehicle
- 9.3. Light Duty Vehicles
- 10. Advanced Tires Market, by Type
- 10.1. Introduction
- 10.2. Airless Tires
- 10.3. Pneumatic Tires
- 10.4. Run-Flat Tires
- 11. Americas Advanced Tires Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Advanced Tires Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Advanced Tires Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. Apollo Tyres Limited
- 15.1.2. Bridgestone Corporation
- 15.1.3. CEAT Ltd.
- 15.1.4. Cheng Shin Rubber USA Inc.
- 15.1.5. Continental AG
- 15.1.6. Dunlop Tyres
- 15.1.7. Guizhou Tyre Co., Ltd.
- 15.1.8. Hankook Tire & Technology Co., Ltd.
- 15.1.9. JK Tyre and Industries Limited
- 15.1.10. Michelin North America Inc.
- 15.1.11. MRF Limited
- 15.1.12. Nankang Rubber Tire Corp., Ltd.
- 15.1.13. Nexen Tire Corporation
- 15.1.14. Nokian Tyres PLC
- 15.1.15. Pirelli & C. S.p.A.
- 15.1.16. Rockwell Automation, Inc.
- 15.1.17. Sumitomo Corporation
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
- FIGURE 1. ADVANCED TIRES MARKET RESEARCH PROCESS
- FIGURE 2. ADVANCED TIRES MARKET SIZE, 2023 VS 2030
- FIGURE 3. ADVANCED TIRES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. ADVANCED TIRES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. ADVANCED TIRES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. ADVANCED TIRES MARKET DYNAMICS
- FIGURE 7. ADVANCED TIRES MARKET SIZE, BY TECHNOLOGY TYPE, 2023 VS 2030 (%)
- FIGURE 8. ADVANCED TIRES MARKET SIZE, BY TECHNOLOGY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. ADVANCED TIRES MARKET SIZE, BY MATERIAL TYPE, 2023 VS 2030 (%)
- FIGURE 10. ADVANCED TIRES MARKET SIZE, BY MATERIAL TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. ADVANCED TIRES MARKET SIZE, BY OFF-HIGHWAY VEHICLE TYPE, 2023 VS 2030 (%)
- FIGURE 12. ADVANCED TIRES MARKET SIZE, BY OFF-HIGHWAY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. ADVANCED TIRES MARKET SIZE, BY ON-HIGHWAY VEHICLE TYPE, 2023 VS 2030 (%)
- FIGURE 14. ADVANCED TIRES MARKET SIZE, BY ON-HIGHWAY VEHICLE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ADVANCED TIRES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 16. ADVANCED TIRES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. AMERICAS ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. AMERICAS ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. UNITED STATES ADVANCED TIRES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 20. UNITED STATES ADVANCED TIRES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. ASIA-PACIFIC ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. ASIA-PACIFIC ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. EUROPE, MIDDLE EAST & AFRICA ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 24. EUROPE, MIDDLE EAST & AFRICA ADVANCED TIRES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 25. ADVANCED TIRES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 26. ADVANCED TIRES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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