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Airless Tires Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast 2026

Author : Ronak Bora | Published Date : 2020-09-14 

The global airless tires market is anticipated to witness momentous growth over the coming years owing to the rising demand from a plethora of vehicle segments. The overall demand to keep introducing new as well as continuous advancements across the global auto industry indicates that airless tires would considered a welcome new step forward for the automotive sector as well as the consumers.

Today, a majority of airless tires present on the global market are manufactured either using plastic or solid rubber. Trailers, lawnmowers, and golf carts are among a few examples where these tires are actively being used on a commercial scale.

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When it comes to airless tires, consumers would never need to worry about their tires getting punctured and leaking air, because airless tires do not have any air that can leak and render the vehicle immobile. For a majority of drivers, this new feature will revolutionize the way they commute or plan their road travels as it eliminates a big pain point of flat tires and the uncertainty that comes with it.

When a vehicle runs over a jagged or a sharp object on the road, the driver would not have to worry that the vehicle would get a flat tire. This end to the old days of switching out flat tires on the highway would be a welcome change for drivers everywhere.

Since consumers would not need to change anymore flat tires, it would completely eliminate the need to haul an extra tire in the vehicle trunk. Similar to cars that use run-flat tires, this airless tire feature can free up additional trunk space. No need for carrying a spare also means that vehicle will weigh less, and this less weight can further help the vehicle achieve a better fuel economy.

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Airless tires may also deliver an array of other specific benefits to trucks that are used across industrial applications. In mining, farming, as well as construction sectors, tire failures can cause significant a loss of efficiency and productivity. In such cases, tires that never puncture or leak would be a substantial advancement for the industry.

Airless tires are also more sustainable, these tires use less amount of raw materials and require less energy for their production. They also reduce the amount of tires scrapped due to damage or puncture. They would eliminate most commonplace wear and tear issues caused by under or over inflation, and can reduce driving risks associated with sudden flats and blowouts.

The global airless tires market is bifurcated into different segments on the basis of product, material, vehicle, sales channels, and regional landscape.

Considering the regional landscape, the MEA airless tires market accounts for around 6% share in the overall market revenue. Rising commercial as well as military vehicle sales in the region will increase product demand over the projected timeframe.

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Report Content

Chapter 1    Methodology & Scope

1.1    Methodology

1.1.1    Initial data exploration

1.1.2    Statistical model and forecast

1.1.3    Industry Insights and validation

1.1.4    Definitions, assumptions & forecast parameters

1.1.4.1    Methodology & Assumptions

1.2    Data sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2    Executive Summary

2.1    Airless tires industry 3600 synopsis, 2016 – 2026

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Vehicle trends

2.1.4    Material trends

2.1.5    Sales channel trends

2.1.6    Regional trends

Chapter 3    Airless Tires Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2016 - 2026

3.3    Industry ecosystem analysis

3.3.1    Raw material suppliers

3.3.2    Manufacturers

3.3.3    Profit margin analysis

3.3.4    Distribution channel analysis

3.3.5    End-users

3.3.6    Vendor matrix

3.4    Technology landscape

3.5    Raw material analysis

3.5.1    Rubber

3.5.2    Plastic

3.6    Regulatory landscape

3.6.1    North America

3.6.2    Europe

3.6.3    Asia pacific

3.6.4    LATAM & MEA

3.7    Industry best practices & key buying criteria

3.8    Pricing analysis

3.8.1    Regional Pricing

3.8.1.1    North America

3.8.1.2    Europe

3.8.1.3    APAC

3.8.1.4    LATAM

3.8.1.5    MEA

3.8.2    Cost structure analysis

3.8.2.1    Manufacturing cost

3.8.2.2    Labor cost

3.8.2.3    Others

3.9    Industry impact forces

3.9.1    Growth driver for North America

3.9.1.1    Growing demand for all terrain and military vehicles

3.9.2    Growth driver for Europe

3.9.2.1    Presence of technology providers

3.9.3    Growth driver for Latin America

3.9.3.1    Improvement in automobile industry

3.9.4    Growth driver for Asia Pacific

3.9.4.1    Growing demand for HCVs

3.9.5    Growth driver for Middle East & Africa

3.9.5.1    Rising commercial and military vehicles sales

3.9.6    Industry pitfalls & challenges

3.9.6.1    Manufacturing complexity and high product cost

3.9.6.2    Impact of Covid-19 on the market

3.9    Innovation & sustainability

3.11    Growth potential analysis, 2019

3.12    Porter’s analysis

3.13    Competitive landscape, 2019

3.13.1    Market share analysis, 2019

3.13.2    Strategy dashboard

3.14    PESTLE analysis

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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