Title: Non-pneumatic Tires (Airless Tires) Market Report 2016-2024 | Insights, Trends, Demand & Competitors Analysis
1Report Code AM1008
Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
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2Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
Non-Pneumatic Tires Market Outlook Since
the beginning of 20th century, many tire
manufacturers made several attempts to develop
non-pneumatic tires (NPT) based on elastomers and
innovative tire designs that could provide same
mechanical properties as of conventional tires.
First non-pneumatic tire were used in early
1970's by NASA in its Lunar Roving Vehicle.
Concept of non-pneumatic tires was introduced to
overcome the limitations of pneumatic tires (PT)
such as dependency on air. However, being in its
nascent stage of development the NPT designs
suffered disturbing issues that prevented this
technology from being widely adopted. Many
companies have successfully developed the range
of non-pneumatic tires that would eliminate the
hazards of conventional tires and at the same
time, will be competitive with few models of
non-pneumatic tires. For instance, many companies
such as Bridgestone, Hankook and Michelin have
introduced their non-pneumatic tires with the aim
of mass production n nearby future for defense as
well as civilian sector. Few off-road vehicle
manufacturers company also introduced their new
off-road vehicle models equipped with
non-pneumatic tires. Off-road vehicle
manufacturer Polaris has introduced their new
Sportsman WV850, a military grade all terrain
vehicle (ATV), outfitted with the non-pneumatic
tires.
3Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
- Market Segmentation
- Based on Components
- By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
- By Usage Type
- Multi Utility Vehicles
- All Terrain Vehicles
- Material Handling Equipments
- Motorbikes and Bicycles
- Low Speed Electric Vehicles (LSEV)
- Passenger Cars
- Military Vehicles
- Other (Lawnmowers, Trailers etc.)
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-outlook-2024-global-opportunity-and-demand-analys
is-market-forecast-2016-2024
4Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
- Based on Geography
- North America (US, Canada) Market Share (),
Market Size (USD Billion), Adoption Rate () - Latin America (Brazil, Mexico and Rest of Latin
America) Market Share (), Market Size (USD
Billion), Adoption Rate () - Europe (UK, France, Italy, Germany, Spain,
Hungary, Sweden, Russia, Poland and Rest of
Europe) Market Share (), Market Size (USD
Billion), Adoption Rate () - Asia-Pacific (China, Japan, India, Singapore,
South Korea, Australia, New Zealand and Rest of
Asia-Pacific) Market Share (), Market Size (USD
Billion), Adoption Rate () - Middle East Africa (GCC Countries, North
Africa, South Africa and Rest of Middle East
Africa) Market Share (), Market Size (USD
Billion), Adoption Rate () - Rest of World Market Share (), Market Size
(USD Billion), Adoption Rate ()
5Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
Market Size and Forecast (2016-2024) The global
non-pneumatic tires market is anticipated to
expand at compound annual growth rate of 11.0
over the forecast period i.e. 2016-2024. Further
the market is expected to capture 3 to 4 market
of global tires market owing to its wide
application in low speed electric vehicles,
off-road vehicles and military grade
vehicles. Regionally, North America dominates
the global non-pneumatic tires market owing to
the significant demand of ATVs equipped with
non-pneumatic tires in U.S army. Innovation and
high RD investments by regional tire
manufacturers to implement these tires in various
other vehicles are expected to bolster the demand
for NPT in coming years. Other regional of
global non-pneumatic tires are Europe and Asia
Pacific which are anticipated to witness
significant rise in adoption of these tires owing
to the presence of big vehicle and tire
manufacturers in these regions and rapid adoption
of new automotive technologies.
6Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
Global non-pneumatic tires market outlook 2024
contains detailed overview of the global
non-pneumatic tires market in terms of market
segmentation by vehicles type and by usage
type. Further, for the in-depth analysis, the
Non-Pneumatic Tires Market Report report
encompasses the industry growth drivers, market
challenges, risk analysis, market attractiveness,
BPS (Base Point Scale) analysis, Porters five
force model and SWOT analysis. Global
Non-Pneumatic Tires Market Report also provides
competitive outlook of some of the major players
which includes profiling of companies such as
Goodyear Tire and Rubber Company, Michelin Inc.,
Hankook Tire Group, Yokohama Tire Corp.,
Resilient Technologies etc. The company profiles
include business strategy, geographical revenue
distribution, major information of the companies
which encompasses business outlook, products,
services and industries catered, financial
analysis of the company and recent developments.
Overall, the report represents comprehensive
synopsis on the global non-pneumatic tires market
trends that will help industry consultants,
equipment manufacturers, existing players
searching for expansion opportunities, new
players searching possibilities and other
stakeholders to align their market centric
strategies according to the ongoing and expected
trends in the future.
7Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
- Scope Background
- Market Synopsis
-
- Market Segmentation
-
- Global non-pneumatic tires market segmentation as
follows - By Vehicle Type (Market Size, Demand Analysis and
Growth Analysis) - By Usage Type (Market Size, Demand Analysis and
Growth Analysis) - By Country
- North America (U.S., Canada) Market Size, Growth
Analysis - Latin America (Argentina, Mexico, Brazil and Rest
of Latin America) Market Size, Growth Analysis - Europe (Germany, Italy, Spain, France, The U.K.,
Netherlands, Sweden, Hungary, Russia, Poland,
Rest of Europe) Market Size, Growth Analysis - Asia-Pacific (China, India, Singapore, Japan,
Australia, New Zealand, South Korea and Rest of
Asia Pacific) Market Size, Growth Analysis - Middle East and North Africa (MENA) Market Size,
Growth Analysis - Rest of World Market Size, Growth Analysis
8Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
- Market Dynamics Growth Drivers, Restraints and
Opportunities - Risk Factors
- Regional Variations
- Recent Trends and Developments
- Key Market Players
- Synopsis
- Business Strategy
- Product Portfolio
- SWOT Analysis
- Porters Five Force Model
- Market Landscape Competition and Beyond
- Market outlook for business players and entry
level players to ascertain their business in
dynamic ecosystem - Expert Analysis
- Concluding Remarks
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orecast-2016-2024
9Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting and
market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our quality research
and forecasting solutions. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
10Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
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11Non-pneumatic Tires (Airless Tires) Market Report
2016-2024 Insights, Trends, Demand
Competitors Analysis
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