Advanced Tires Market Forecast to 2027 - Covid-19 Impact and Global Analysis - by Type (Airless Tires, Pneumatic Tires, Run-Flat Tires); Technology (Multi-Chamber Tires, Chip-Embedded Tires, Self-Inflating Tires, All-In-One Tires); Material (Steel, Elastomers, Rubber, Others) and Geography
The advanced tires are likely to see massive demand in the coming years with the adoption of autonomous and connected cars. The technological disruptions in the automotive sector and the demand for high-end luxury vehicles are expected to transform the existing tire industry. Innovations in the tire industry are supported by the presence of major manufacturers in the developed markets of North America, such as Canada and China. The demand for advanced tires would experience a symbolic rise due to large-scale acceptance by the consumers in the future.
MARKET DYNAMICS
The advanced tires market is anticipated to flourish in the forecast period on account of the development of low-maintenance tires and improved focus on reducing carbon footprint. The integration of driver assistance and connected features in tires are further likely to propel the market growth. However, high initial investment costs may hamper the growth of the advanced tires market during the forecast period. On the other hand, growth of autonomous and semi-autonomous vehicles offers lucrative opportunities for the players operating in the advanced tires market in the future.
MARKET SCOPE
The "Global Advanced Tires Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of advanced tires market with detailed market segmentation by type, technology, material, and geography. The global advanced tires market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading advanced tires market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global advanced tires market is segmented on the basis of type, technology, and material. Based on type, the market is segmented as airless tires, pneumatic tires, and run-flat tires. On the basis of the technology, the market is segmented as multi-chamber tires, chip-embedded tires, self-inflating tires, and all-in-one tires. The market on the basis of the material is classified as steel, elastomers, rubber, and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global advanced tires market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The advanced tires market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting advanced tires market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the advanced tires market in these regions.
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MARKET PLAYERS
The reports cover key developments in the advanced tires market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from advanced tires market are anticipated to lucrative growth opportunities in the future with the rising demand for advanced tires in the global market. Below mentioned is the list of few companies engaged in the advanced tires market.
The report also includes the profiles of key advanced tires companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Bridgestone Corporation
- CEAT Ltd.
- Continental Reifen Deutschland GmbH
- Hankook Tire & Technology Co.,Ltd.
- Michelin
- Nokian Tyres plc.
- Pirelli & C. S.p.A.
- The Goodyear Tire & Rubber Company
- Toyo Tire Corporation
- Yokohama Tire Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Advanced Tires Market - By Type
1.3.2 Advanced Tires Market - By Technology
1.3.3 Advanced Tires Market - By Material
1.3.4 Advanced Tires Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ADVANCED TIRES MARKET LANDSCAPE
4.1. 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 and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ADVANCED TIRES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ADVANCED TIRES MARKET - GLOBAL MARKET ANALYSIS
6.1. ADVANCED TIRES - GLOBAL MARKET OVERVIEW
6.2. ADVANCED TIRES - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE
7. ADVANCED TIRES MARKET - REVENUE AND FORECASTS TO 2027 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. AIRLESS TIRES
7.3.1. Overview
7.3.2. Airless Tires Market Forecast and Analysis
7.4. PNEUMATIC TIRES
7.4.1. Overview
7.4.2. Pneumatic Tires Market Forecast and Analysis
7.5. RUN-FLAT TIRES
7.5.1. Overview
7.5.2. Run-Flat Tires Market Forecast and Analysis
8. ADVANCED TIRES MARKET - REVENUE AND FORECASTS TO 2027 - TECHNOLOGY
8.1. OVERVIEW
8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
8.3. MULTI-CHAMBER TIRES
8.3.1. Overview
8.3.2. Multi-Chamber Tires Market Forecast and Analysis
8.4. CHIP-EMBEDDED TIRES
8.4.1. Overview
8.4.2. Chip-Embedded Tires Market Forecast and Analysis
8.5. SELF-INFLATING TIRES
8.5.1. Overview
8.5.2. Self-Inflating Tires Market Forecast and Analysis
8.6. ALL-IN-ONE TIRES
8.6.1. Overview
8.6.2. All-In-One Tires Market Forecast and Analysis
9. ADVANCED TIRES MARKET - REVENUE AND FORECASTS TO 2027 - MATERIAL
9.1. OVERVIEW
9.2. MATERIAL MARKET FORECASTS AND ANALYSIS
9.3. STEEL
9.3.1. Overview
9.3.2. Steel Market Forecast and Analysis
9.4. ELASTOMERS
9.4.1. Overview
9.4.2. Elastomers Market Forecast and Analysis
9.5. RUBBER
9.5.1. Overview
9.5.2. Rubber Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. ADVANCED TIRES MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Advanced Tires Market Overview
10.1.2 North America Advanced Tires Market Forecasts and Analysis
10.1.3 North America Advanced Tires Market Forecasts and Analysis - By Type
10.1.4 North America Advanced Tires Market Forecasts and Analysis - By Technology
10.1.5 North America Advanced Tires Market Forecasts and Analysis - By Material
10.1.6 North America Advanced Tires Market Forecasts and Analysis - By Countries
10.1.6.1 United States Advanced Tires Market
10.1.6.1.1 United States Advanced Tires Market by Type
10.1.6.1.2 United States Advanced Tires Market by Technology
10.1.6.1.3 United States Advanced Tires Market by Material
10.1.6.2 Canada Advanced Tires Market
10.1.6.2.1 Canada Advanced Tires Market by Type
10.1.6.2.2 Canada Advanced Tires Market by Technology
10.1.6.2.3 Canada Advanced Tires Market by Material
10.1.6.3 Mexico Advanced Tires Market
10.1.6.3.1 Mexico Advanced Tires Market by Type
10.1.6.3.2 Mexico Advanced Tires Market by Technology
10.1.6.3.3 Mexico Advanced Tires Market by Material
10.2. EUROPE
10.2.1 Europe Advanced Tires Market Overview
10.2.2 Europe Advanced Tires Market Forecasts and Analysis
10.2.3 Europe Advanced Tires Market Forecasts and Analysis - By Type
10.2.4 Europe Advanced Tires Market Forecasts and Analysis - By Technology
10.2.5 Europe Advanced Tires Market Forecasts and Analysis - By Material
10.2.6 Europe Advanced Tires Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Advanced Tires Market
10.2.6.1.1 Germany Advanced Tires Market by Type
10.2.6.1.2 Germany Advanced Tires Market by Technology
10.2.6.1.3 Germany Advanced Tires Market by Material
10.2.6.2 France Advanced Tires Market
10.2.6.2.1 France Advanced Tires Market by Type
10.2.6.2.2 France Advanced Tires Market by Technology
10.2.6.2.3 France Advanced Tires Market by Material
10.2.6.3 Italy Advanced Tires Market
10.2.6.3.1 Italy Advanced Tires Market by Type
10.2.6.3.2 Italy Advanced Tires Market by Technology
10.2.6.3.3 Italy Advanced Tires Market by Material
10.2.6.4 United Kingdom Advanced Tires Market
10.2.6.4.1 United Kingdom Advanced Tires Market by Type
10.2.6.4.2 United Kingdom Advanced Tires Market by Technology
10.2.6.4.3 United Kingdom Advanced Tires Market by Material
10.2.6.5 Russia Advanced Tires Market
10.2.6.5.1 Russia Advanced Tires Market by Type
10.2.6.5.2 Russia Advanced Tires Market by Technology
10.2.6.5.3 Russia Advanced Tires Market by Material
10.2.6.6 Rest of Europe Advanced Tires Market
10.2.6.6.1 Rest of Europe Advanced Tires Market by Type
10.2.6.6.2 Rest of Europe Advanced Tires Market by Technology
10.2.6.6.3 Rest of Europe Advanced Tires Market by Material
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Advanced Tires Market Overview
10.3.2 Asia-Pacific Advanced Tires Market Forecasts and Analysis
10.3.3 Asia-Pacific Advanced Tires Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Advanced Tires Market Forecasts and Analysis - By Technology
10.3.5 Asia-Pacific Advanced Tires Market Forecasts and Analysis - By Material
10.3.6 Asia-Pacific Advanced Tires Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Advanced Tires Market
10.3.6.1.1 Australia Advanced Tires Market by Type
10.3.6.1.2 Australia Advanced Tires Market by Technology
10.3.6.1.3 Australia Advanced Tires Market by Material
10.3.6.2 China Advanced Tires Market
10.3.6.2.1 China Advanced Tires Market by Type
10.3.6.2.2 China Advanced Tires Market by Technology
10.3.6.2.3 China Advanced Tires Market by Material
10.3.6.3 India Advanced Tires Market
10.3.6.3.1 India Advanced Tires Market by Type
10.3.6.3.2 India Advanced Tires Market by Technology
10.3.6.3.3 India Advanced Tires Market by Material
10.3.6.4 Japan Advanced Tires Market
10.3.6.4.1 Japan Advanced Tires Market by Type
10.3.6.4.2 Japan Advanced Tires Market by Technology
10.3.6.4.3 Japan Advanced Tires Market by Material
10.3.6.5 South Korea Advanced Tires Market
10.3.6.5.1 South Korea Advanced Tires Market by Type
10.3.6.5.2 South Korea Advanced Tires Market by Technology
10.3.6.5.3 South Korea Advanced Tires Market by Material
10.3.6.6 Rest of Asia-Pacific Advanced Tires Market
10.3.6.6.1 Rest of Asia-Pacific Advanced Tires Market by Type
10.3.6.6.2 Rest of Asia-Pacific Advanced Tires Market by Technology
10.3.6.6.3 Rest of Asia-Pacific Advanced Tires Market by Material
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Advanced Tires Market Overview
10.4.2 Middle East and Africa Advanced Tires Market Forecasts and Analysis
10.4.3 Middle East and Africa Advanced Tires Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Advanced Tires Market Forecasts and Analysis - By Technology
10.4.5 Middle East and Africa Advanced Tires Market Forecasts and Analysis - By Material
10.4.6 Middle East and Africa Advanced Tires Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Advanced Tires Market
10.4.6.1.1 South Africa Advanced Tires Market by Type
10.4.6.1.2 South Africa Advanced Tires Market by Technology
10.4.6.1.3 South Africa Advanced Tires Market by Material
10.4.6.2 Saudi Arabia Advanced Tires Market
10.4.6.2.1 Saudi Arabia Advanced Tires Market by Type
10.4.6.2.2 Saudi Arabia Advanced Tires Market by Technology
10.4.6.2.3 Saudi Arabia Advanced Tires Market by Material
10.4.6.3 U.A.E Advanced Tires Market
10.4.6.3.1 U.A.E Advanced Tires Market by Type
10.4.6.3.2 U.A.E Advanced Tires Market by Technology
10.4.6.3.3 U.A.E Advanced Tires Market by Material
10.4.6.4 Rest of Middle East and Africa Advanced Tires Market
10.4.6.4.1 Rest of Middle East and Africa Advanced Tires Market by Type
10.4.6.4.2 Rest of Middle East and Africa Advanced Tires Market by Technology
10.4.6.4.3 Rest of Middle East and Africa Advanced Tires Market by Material
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Advanced Tires Market Overview
10.5.2 South and Central America Advanced Tires Market Forecasts and Analysis
10.5.3 South and Central America Advanced Tires Market Forecasts and Analysis - By Type
10.5.4 South and Central America Advanced Tires Market Forecasts and Analysis - By Technology
10.5.5 South and Central America Advanced Tires Market Forecasts and Analysis - By Material
10.5.6 South and Central America Advanced Tires Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Advanced Tires Market
10.5.6.1.1 Brazil Advanced Tires Market by Type
10.5.6.1.2 Brazil Advanced Tires Market by Technology
10.5.6.1.3 Brazil Advanced Tires Market by Material
10.5.6.2 Argentina Advanced Tires Market
10.5.6.2.1 Argentina Advanced Tires Market by Type
10.5.6.2.2 Argentina Advanced Tires Market by Technology
10.5.6.2.3 Argentina Advanced Tires Market by Material
10.5.6.3 Rest of South and Central America Advanced Tires Market
10.5.6.3.1 Rest of South and Central America Advanced Tires Market by Type
10.5.6.3.2 Rest of South and Central America Advanced Tires Market by Technology
10.5.6.3.3 Rest of South and Central America Advanced Tires Market by Material
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ADVANCED TIRES MARKET, KEY COMPANY PROFILES
12.1. BRIDGESTONE CORPORATION
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CEAT LTD.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CONTINENTAL REIFEN DEUTSCHLAND GMBH
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. HANKOOK TIRE AND TECHNOLOGY CO., LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. MICHELIN
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. NOKIAN TYRES PLC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. PIRELLI AND C. S.P.A.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. THE GOODYEAR TIRE AND RUBBER COMPANY
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. TOYO TIRE CORPORATION
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. YOKOHAMA TIRE CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies
1. Bridgestone Corporation
2. CEAT Ltd.
3. Continental Reifen Deutschland GmbH
4. Hankook Tire and Technology Co., Ltd.
5. Michelin
6. Nokian Tyres plc.
7. Pirelli and C. S.p.A.
8. The Goodyear Tire and Rubber Company
9. Toyo Tire Corporation
10. Yokohama Tire Corporation