Press release
Advanced Tires Market worth $1,956.31 million by 2030, growing at a CAGR of 21.34% - Exclusive Report by 360iResearch
The "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" report has been added to 360iResearch.com's offering.
The Global Advanced Tires Market to grow from USD 505.04 million in 2023 to USD 1,956.31 million by 2030, at a CAGR of 21.34%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Advanced tires, also known as intelligent tires or next-generation tires, are high-tech solutions that incorporate innovative technologies such as sensors, advanced materials, and smart designs to offer superior performance, enhanced safety, and improved efficiency. These tires are equipped with features, such as tire pressure monitoring systems (TPMS), tread wear indicators, and the ability to adapt to various driving conditions to optimize road grip and fuel economy. The major drivers for the advanced tires include stringent safety regulations, growing demand for fuel-efficient tires, and the rise of autonomous and electric vehicles. Technological advancements in tire manufacturing and the increasing focus on sustainable solutions are further propelling the growth. However, the adoption of advanced tires is impeded by challenges such as high production costs and the complexity of integrating electronic components into tires. The need for extensive research and development to ensure the reliability and durability of innovative tire systems imposes significant barriers for market players. Opportunities in this field include the potential integration of advanced tires with vehicle-to-everything (V2X) communication, the development of eco-friendly tires, and expansion into emerging economies. Innovations focusing on improving the recyclability and extending the lifespan of tires offer additional prospects for growth and sustainability in the sector.
Market Segmentation & Coverage:
This research report categorizes the Advanced Tires Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology Type, market is studied across All-In-One Tires, Autonomous Vehicle Advanced Tires, Chip-Embedded Tires, D Printed Tires, Multi-Chamber Tires, and Self-Inflating Tires. The D Printed Tires is projected to witness significant market share during forecast period.
Based on Material Type, market is studied across Elastomers, Natural Rubber, Steel, and Synthetic Rubber. The Steel is projected to witness significant market share during forecast period.
Based on Off-Highway Vehicle Type, market is studied across Agricultural Tractors, Construction & Mining Equipment, and Industrial Equipment. The Construction & Mining Equipment is projected to witness significant market share during forecast period.
Based on On-Highway Vehicle Type, market is studied across Heavy Duty Vehicle and Light Duty Vehicles. The Light Duty Vehicles is projected to witness significant market share during forecast period.
Based on Type, market is studied across Airless Tires, Pneumatic Tires, and Run-Flat Tires. The Airless Tires is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Advanced Tires Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Advanced Tires Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
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.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Advanced Tires Market, by Technology Type
7. Advanced Tires Market, by Material Type
8. Advanced Tires Market, by Off-Highway Vehicle Type
9. Advanced Tires Market, by On-Highway Vehicle Type
10. Advanced Tires Market, by Type
11. Americas Advanced Tires Market
12. Asia-Pacific Advanced Tires Market
13. Europe, Middle East & Africa Advanced Tires Market
14. Competitive Landscape
15. Competitive Portfolio
16. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Advanced Tires Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Advanced Tires Market?
3. What is the competitive strategic window for opportunities in the Advanced Tires Market?
4. What are the technology trends and regulatory frameworks in the Advanced Tires Market?
5. What is the market share of the leading vendors in the Advanced Tires Market?
6. What modes and strategic moves are considered suitable for entering the Advanced Tires Market?
Read More @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
The Global Advanced Tires Market to grow from USD 505.04 million in 2023 to USD 1,956.31 million by 2030, at a CAGR of 21.34%.
Request a Free Sample Report @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=sample
Advanced tires, also known as intelligent tires or next-generation tires, are high-tech solutions that incorporate innovative technologies such as sensors, advanced materials, and smart designs to offer superior performance, enhanced safety, and improved efficiency. These tires are equipped with features, such as tire pressure monitoring systems (TPMS), tread wear indicators, and the ability to adapt to various driving conditions to optimize road grip and fuel economy. The major drivers for the advanced tires include stringent safety regulations, growing demand for fuel-efficient tires, and the rise of autonomous and electric vehicles. Technological advancements in tire manufacturing and the increasing focus on sustainable solutions are further propelling the growth. However, the adoption of advanced tires is impeded by challenges such as high production costs and the complexity of integrating electronic components into tires. The need for extensive research and development to ensure the reliability and durability of innovative tire systems imposes significant barriers for market players. Opportunities in this field include the potential integration of advanced tires with vehicle-to-everything (V2X) communication, the development of eco-friendly tires, and expansion into emerging economies. Innovations focusing on improving the recyclability and extending the lifespan of tires offer additional prospects for growth and sustainability in the sector.
Market Segmentation & Coverage:
This research report categorizes the Advanced Tires Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology Type, market is studied across All-In-One Tires, Autonomous Vehicle Advanced Tires, Chip-Embedded Tires, D Printed Tires, Multi-Chamber Tires, and Self-Inflating Tires. The D Printed Tires is projected to witness significant market share during forecast period.
Based on Material Type, market is studied across Elastomers, Natural Rubber, Steel, and Synthetic Rubber. The Steel is projected to witness significant market share during forecast period.
Based on Off-Highway Vehicle Type, market is studied across Agricultural Tractors, Construction & Mining Equipment, and Industrial Equipment. The Construction & Mining Equipment is projected to witness significant market share during forecast period.
Based on On-Highway Vehicle Type, market is studied across Heavy Duty Vehicle and Light Duty Vehicles. The Light Duty Vehicles is projected to witness significant market share during forecast period.
Based on Type, market is studied across Airless Tires, Pneumatic Tires, and Run-Flat Tires. The Airless Tires is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Advanced Tires Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Advanced Tires Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
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.
Inquire Before Buying @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=inquire
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Advanced Tires Market, by Technology Type
7. Advanced Tires Market, by Material Type
8. Advanced Tires Market, by Off-Highway Vehicle Type
9. Advanced Tires Market, by On-Highway Vehicle Type
10. Advanced Tires Market, by Type
11. Americas Advanced Tires Market
12. Asia-Pacific Advanced Tires Market
13. Europe, Middle East & Africa Advanced Tires Market
14. Competitive Landscape
15. Competitive Portfolio
16. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Advanced Tires Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Advanced Tires Market?
3. What is the competitive strategic window for opportunities in the Advanced Tires Market?
4. What are the technology trends and regulatory frameworks in the Advanced Tires Market?
5. What is the market share of the leading vendors in the Advanced Tires Market?
6. What modes and strategic moves are considered suitable for entering the Advanced Tires Market?
Read More @ https://www.360iresearch.com/library/intelligence/advanced-tires?utm_source=openpr&utm_medium=referral&utm_campaign=analyst
Contact 360iResearch
Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550
About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
