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
Autonomous Vehicle Advanced Tires
Chip-Embedded Tires
D Printed Tires
Multi-Chamber Tires
Self-Inflating Tires
Material Type
Elastomers
Natural Rubber
Steel
Synthetic Rubber
Off-Highway Vehicle Type
Agricultural Tractors
Construction & Mining Equipment
Industrial Equipment
On-Highway Vehicle Type
Heavy Duty Vehicle
Light Duty Vehicles
Type
Airless Tires
Pneumatic Tires
Run-Flat Tires
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom 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.
The report addresses key questions such as:
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
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