Noiseless Tire Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

Noiseless Tire Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028

The global noiseless tire market is anticipated to witness a growth of robust CAGR in the forecast period, 2024-2028. Advancements in silent tire technology, growing levels of noise pollution, high demand from electric vehicles, and high-end investments in research and development activities by market players are the primary factors driving the growth of the global noiseless tire market in the forecast period.

Noiseless tires produce low noise or no noise at high speeds. Noiseless tires are in high demand among consumers as they improve the overall driving experience. While producing the tires after the tire is cured in its mold, manufacturers add a thick layer of foam or sound-absorbing sponge to the inner line of the tire, either as a continuous piece or comprised of several shorter sections to make the tires noiseless.

Increase in Demand for Noiseless Tires in Electric Vehicle Drives Market Growth

Growing environmental concerns and the stringent government policies and norms emphasizing the use of zero-emission vehicles lowering the adverse impact of greenhouse gases on the environment are fueling the sales of electric vehicles around the globe. The development of charging stations and the availability of subsidies and income tax rebates in several developing economies are accelerating the adoption of electric vehicles worldwide. Electric vehicles run on electricity and do not support engines, resulting in no noise while driving the vehicles. Noiseless or quiet tires are in demand among electric vehicle manufacturers as the noise source in electric vehicles is from tires. Surge in electric vehicle production and with the purchasing power of consumers, the demand for noiseless tires is expected to witness significant growth in the forecast period.

Growing Sales and Production of Luxury Vehicles Supports Market Growth

Luxury vehicle manufacturers are constantly seeking innovative solutions to enhance the performance and comfort of drivers while driving an automobile. High-end investments by the market players in research activities to upgrade the existing infrastructure to lower the interior noise level are paving the way for market growth. The focus of manufacturers to lower the noise from various sources such as panels engine coming into the cabin of an automobile have resulted in a more peaceful ride for driver and passengers. Noise from other sources is minimized in the automobile due to ongoing advancements in technology, making the noise from tires more evident to the driver. Market players are rapidly adopting noiseless technology to provide serene and comfortable riding experience to drivers.

Market Segmentation

The global noiseless tire market is segmented into vehicle type, tire construction type, demand category, price segment, regional distribution, and company. Based on vehicle type, the global noiseless tire market is divided into two-wheeler, passenger car, LCV, M&HCV, and OTR. Based on tire construction type, the global noiseless tire market is divided into radial and bias. Based on demand category, the global noiseless tire market is divided into OEM and Aftermarket. Based on price segment, the global noiseless tire market is divided into budget, ultra budget, and premium. To analyze the market based on the region, the global noiseless tire market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East, and Africa.

Market Players

Michelin Group, Bridgestone Corporation, Continental AG, The Goodyear Tire & Rubber Company, Hankook Tire & Technology Co.Ltd., Pirelli & C. S.p.A., Yokohama Rubber Company, Limited, Cooper Tire & Rubber Company, are among the major market players in the global platform that lead the market growth of the global noiseless tire market.

Report Scope:

In this report, global noiseless tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Noiseless Tire Market, By Vehicle Type:
  • Two-Wheeler
  • Passenger Car
  • LCV
  • M&HCV
  • OTR
  • Noiseless Tire Market, By Tire Construction Type:
  • Radial
  • Bias
  • Noiseless Tire Market, By Demand Category:
  • OEM
  • Aftermarket
  • Noiseless Tire Market, By Price Segment:
  • Budget
  • Ultra Budget
  • Premium
  • Noiseless Tire Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Malaysia
  • Thailand
  • Indonesia
  • Vietnam
  • South Korea
  • Europe & CIS
  • Germany
  • France
  • United Kingdom
  • Spain
  • Italy
  • Belgium
  • Russia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • UAE
  • Saudi Arabia
  • Egypt
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global noiseless tire market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
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1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Noiseless Tire Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Challenges/Unmet Needs
6. Global Noiseless Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Two-Wheeler, Passenger Car, LCV, M&HCV, OTR)
6.2.2. By Tire Construction Type (Radial, Bias)
6.2.3. By Demand Category (OEM, Aftermarket)
6.2.4. By Price Segment (Budget, Ultra Budget, Premium)
6.2.5. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
6.2.6. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Region)
7. North America Noiseless Tire Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Tire Construction Type
7.2.3. By Demand Category
7.2.4. By Price Segment
7.2.5. By Country (United States; Canada; Mexico)
7.3. Product Market Map (By Vehicle Type, By Country)
7.4. North America: Country Analysis
7.4.1. United States Noiseless Tire Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value and Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Vehicle Type
7.4.1.2.2. By Tire Construction Type
7.4.1.2.3. By Demand Category
7.4.1.2.4. By Price Segment
7.4.2. Canada Noiseless Tire Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value and Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Vehicle Type
7.4.2.2.2. By Tire Construction Type
7.4.2.2.3. By Demand Category
7.4.2.2.4. By Price Segment
7.4.3. Mexico Noiseless Tire Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value and Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Vehicle Type
7.4.3.2.2. By Tire Construction Type
7.4.3.2.3. By Demand Category
7.4.3.2.4. By Price Segment
8. Asia Pacific Noiseless Tire Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Tire Construction Type
8.2.3. By Demand Category
8.2.4. By Price Segment
8.2.5. By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)
8.3. Product Market Map (By Vehicle Type, By Country)
8.4. Asia Pacific: Country Analysis
8.4.1. China Noiseless Tire Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value and Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Vehicle Type
8.4.1.2.2. By Tire Construction Type
8.4.1.2.3. By Demand Category
8.4.1.2.4. By Price Segment
8.4.2. India Noiseless Tire Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value and Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Vehicle Type
8.4.2.2.2. By Tire Construction Type
8.4.2.2.3. By Demand Category
8.4.2.2.4. By Price Segment
8.4.3. Japan Noiseless Tire Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value and Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Vehicle Type
8.4.3.2.2. By Tire Construction Type
8.4.3.2.3. By Demand Category
8.4.3.2.4. By Price Segment
8.4.4. Malaysia Noiseless Tire Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value and Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Vehicle Type
8.4.4.2.2. By Tire Construction Type
8.4.4.2.3. By Demand Category
8.4.4.2.4. By Price Segment
8.4.5. Thailand Noiseless Tire Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value and Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Vehicle Type
8.4.5.2.2. By Tire Construction Type
8.4.5.2.3. By Demand Category
8.4.5.2.4. By Price Segment
8.4.6. Indonesia Noiseless Tire Market Outlook
8.4.6.1. Market Size & Forecast
8.4.6.1.1. By Value and Volume
8.4.6.2. Market Share & Forecast
8.4.6.2.1. By Vehicle Type
8.4.6.2.2. By Tire Construction Type
8.4.6.2.3. By Demand Category
8.4.6.2.4. By Price Segment
8.4.7. Vietnam Noiseless Tire Market Outlook
8.4.7.1. Market Size & Forecast
8.4.7.1.1. By Value and Volume
8.4.7.2. Market Share & Forecast
8.4.7.2.1. By Vehicle Type
8.4.7.2.2. By Tire Construction Type
8.4.7.2.3. By Demand Category
8.4.7.2.4. By Price Segment
8.4.8. South Korea Noiseless Tire Market Outlook
8.4.8.1. Market Size & Forecast
8.4.8.1.1. By Value and Volume
8.4.8.2. Market Share & Forecast
8.4.8.2.1. By Vehicle Type
8.4.8.2.2. By Tire Construction Type
8.4.8.2.3. By Demand Category
8.4.8.2.4. By Price Segment
9. Europe & CIS Noiseless Tire Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value and Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Tire Construction Type
9.2.3. By Demand Category
9.2.4. By Price Segment
9.2.5. By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Russia)
9.3. Product Market Map (By Vehicle Type, By Country)
9.4. Europe & CIS: Country Analysis
9.4.1. Germany Noiseless Tire Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value and Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Vehicle Type
9.4.1.2.2. By Tire Construction Type
9.4.1.2.3. By Demand Category
9.4.1.2.4. By Price Segment
9.4.2. France Noiseless Tire Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value and Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Vehicle Type
9.4.2.2.2. By Tire Construction Type
9.4.2.2.3. By Demand Category
9.4.2.2.4. By Price Segment
9.4.3. United Kingdom Noiseless Tire Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value and Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Vehicle Type
9.4.3.2.2. By Tire Construction Type
9.4.3.2.3. By Demand Category
9.4.3.2.4. By Price Segment
9.4.4. Spain Noiseless Tire Market Outlook
9.4.4.1. Market Size & Forecast
9.4.4.1.1. By Value and Volume
9.4.4.2. Market Share & Forecast
9.4.4.2.1. By Vehicle Type
9.4.4.2.2. By Tire Construction Type
9.4.4.2.3. By Demand Category
9.4.4.2.4. By Price Segment
9.4.5. Italy Noiseless Tire Market Outlook
9.4.5.1. Market Size & Forecast
9.4.5.1.1. By Value and Volume
9.4.5.2. Market Share & Forecast
9.4.5.2.1. By Vehicle Type
9.4.5.2.2. By Tire Construction Type
9.4.5.2.3. By Demand Category
9.4.5.2.4. By Price Segment
9.4.6. Belgium Noiseless Tire Market Outlook
9.4.6.1. Market Size & Forecast
9.4.6.1.1. By Value and Volume
9.4.6.2. Market Share & Forecast
9.4.6.2.1. By Vehicle Type
9.4.6.2.2. By Tire Construction Type
9.4.6.2.3. By Demand Category
9.4.6.2.4. By Price Segment
9.4.7. Russia Noiseless Tire Market Outlook
9.4.7.1. Market Size & Forecast
9.4.7.1.1. By Value and Volume
9.4.7.2. Market Share & Forecast
9.4.7.2.1. By Vehicle Type
9.4.7.2.2. By Tire Construction Type
9.4.7.2.3. By Demand Category
9.4.7.2.4. By Price Segment
10. South America Noiseless Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value and Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Tire Construction Type
10.2.3. By Demand Category
10.2.4. By Price Segment
10.2.5. By Country (Brazil, Argentina, Colombia)
10.3. Product Market Map (By Vehicle Type, By Country)
10.4. South America: Country Analysis
10.4.1. Brazil Noiseless Tire Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value and Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Vehicle Type
10.4.1.2.2. By Tire Construction Type
10.4.1.2.3. By Demand Category
10.4.1.2.4. By Price Segment
10.4.2. Argentina Noiseless Tire Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value and Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Vehicle Type
10.4.2.2.2. By Tire Construction Type
10.4.2.2.3. By Demand Category
10.4.2.2.4. By Price Segment
10.4.3. Colombia Noiseless Tire Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value and Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Vehicle Type
10.4.3.2.2. By Tire Construction Type
10.4.3.2.3. By Demand Category
10.4.3.2.4. By Price Segment
11. Middle East and Africa Noiseless Tire Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value and Volume
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
11.2.2. By Tire Construction Type
11.2.3. By Demand Category
11.2.4. By Price Segment
11.2.5. By Country (South Africa, UAE, Saudi Arabia, Egypt)
11.3. Product Market Map (By Vehicle Type, By Country)
11.4. Middle East and Africa: Country Analysis
11.4.1. South Africa Noiseless Tire Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value and Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Vehicle Type
11.4.1.2.2. By Tire Construction Type
11.4.1.2.3. By Demand Category
11.4.1.2.4. By Price Segment
11.4.2. UAE Noiseless Tire Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value and Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Vehicle Type
11.4.2.2.2. By Tire Construction Type
11.4.2.2.3. By Demand Category
11.4.2.2.4. By Price Segment
11.4.3. Saudi Arabia Noiseless Tire Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value and Volume
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Vehicle Type
11.4.3.2.2. By Tire Construction Type
11.4.3.2.3. By Demand Category
11.4.3.2.4. By Price Segment
11.4.4. Egypt Noiseless Tire Market Outlook
11.4.4.1. Market Size & Forecast
11.4.4.1.1. By Value and Volume
11.4.4.2. Market Share & Forecast
11.4.4.2.1. By Vehicle Type
11.4.4.2.2. By Tire Construction Type
11.4.4.2.3. By Demand Category
11.4.4.2.4. By Price Segment
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Technological Development By Major Tire Manufacturers
15. Competitive Landscape
15.1. Company Profiles (Partial List of Leading Companies)
15.1.1. Michelin Group
15.1.2. Bridgestone Corporation
15.1.3. Continental AG
15.1.4. The Goodyear Tire & Rubber Company
15.1.5. Hankook Tire & Technology Co.Ltd.
15.1.6. Pirelli & C. S.p.A.
15.1.7. Yokohama Rubber Company, Limited
15.1.8. Cooper Tire & Rubber Company
16. Strategic Recommendations

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