Automotive Airless Tire Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2023 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0186828
  • Format: Electronic (PDF)
  • Number of Pages: 208
  • Author(s): Joshi, Madhavi

Report Overview

The Automotive Airless Tire Market size was estimated at USD 1.2 billion in 2023 and is projected to reach USD 3 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 12.50% during the forecast period (2024-2030).

Automotive Airless Tire Market

(Market Size)
$1.2 billion
$3 billion
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 12.50%
2023 Market Size USD 1.2 billion
2030 Market Size USD 3 billion
Key Players Michelin, Bridgestone, Goodyear, Continental, Hankook

Market Summary

The automotive airless tire market represents a transformative segment within the automotive and transportation industry, focused on developing and commercializing non-pneumatic tire solutions. These innovative tires eliminate the need for air pressure, utilizing advanced materials and structural designs like honeycomb or spoke-based configurations to support vehicle weight and absorb road impacts. This technology addresses longstanding issues associated with traditional pneumatic tires, including flats, blowouts, and the constant requirement for pressure maintenance. The market is driven by a confluence of factors including heightened demand for vehicle safety, reduced maintenance costs, and growing applications in specialized sectors. While passenger vehicles present a significant future opportunity, current adoption is more prominent in commercial and off-road vehicles, military applications, and construction equipment where durability and reliability are paramount. The industry is characterized by ongoing research and development efforts from leading tire manufacturers and material science companies aiming to overcome challenges related to ride comfort, noise, and load-bearing capacity at higher speeds. The evolution of this market is closely tied to advancements in polymer science and composite materials, which are crucial for enhancing the performance characteristics of airless tires to meet consumer and industrial expectations.

Key Highlights

The automotive airless tire market is defined by several pivotal developments that underscore its potential and current trajectory. A primary highlight is the successful deployment of airless tires in challenging environments, notably within the military sector for all-terrain vehicles and in material handling equipment like forklifts and skid steers, where puncture-proof tires offer immense operational benefits. Technological innovation is another critical area, with companies investing heavily in refining the geometry and materials of the supporting structure to better mimic the ride quality of pneumatic tires while maintaining their rugged advantages. Partnerships and collaborations between tire giants and automotive OEMs are accelerating the testing and validation process, bringing prototypes closer to series production. Furthermore, the alignment with broader automotive trends towards sustainability is a key highlight, as airless tires promise longer lifespans and the potential for increased recyclability of materials compared to conventional tires. The market is also witnessing a gradual expansion beyond its niche applications, with pilot programs and limited commercial availability for certain consumer vehicle models, signaling a slow but steady march towards mainstream acceptance. These highlights collectively paint a picture of a market in transition, moving from conceptual and specialized use towards broader automotive integration.

Drivers, Opportunities & Restraints

The growth of the automotive airless tire market is propelled by a distinct set of drivers. The foremost driver is the unwavering demand for enhanced safety and elimination of tire-related accidents caused by blowouts or sudden loss of pressure. This is particularly compelling for commercial fleets and off-road applications where vehicle downtime can be extremely costly. Concurrently, the potential for significant reduction in maintenance overhead?eliminating the need for air checks, repair kits, and spare tires?presents a strong economic incentive for adoption. The opportunity landscape for this market is vast and expanding. The rise of autonomous vehicles and shared mobility services offers a substantial opportunity, as these platforms prioritize maximum uptime and minimal maintenance intervention, making airless tires an ideal fit. Furthermore, the increasing stringency of environmental regulations encourages the development of longer-lasting, more durable tire solutions that reduce waste. However, the market faces considerable restraints that temper its growth. The primary challenge is achieving performance parity with pneumatic tires, especially in areas of ride comfort, noise generation, and heat dissipation at high speeds on paved roads. High initial production costs and the current limitations in load-bearing capacity for heavier vehicles also act as significant barriers to widespread commercialization, necessitating continued investment in material science and manufacturing processes.

Concentration Insights

The competitive landscape of the automotive airless tire market is currently concentrated among a mix of established global tire manufacturers and specialized technology firms. Industry leaders such as Michelin, Bridgestone, and Hankook Tire have dedicated substantial resources to research and development, showcasing advanced prototypes and securing patents for various non-pneumatic tire designs. Their extensive experience in tire compounding, manufacturing, and existing relationships with automotive OEMs provide a significant competitive advantage. Alongside these titans, companies like Amerityre, which focuses on polyurethane applications, and Solidia Technologies, are contributing specialized material expertise. The market concentration is also characterized by strategic collaborations, where tire companies partner with material science firms and university research labs to accelerate innovation. This high level of activity from major players indicates a strong belief in the long-term potential of the technology. The market is not yet saturated with a multitude of competitors, allowing these early movers to establish strong intellectual property positions and brand recognition. This concentration suggests that initial market penetration and technology standardization will likely be dictated by the innovations and strategic decisions of these key industry incumbents and their partners.

Type Insights

The automotive airless tire market can be segmented based on the type of structural design employed, which directly influences performance characteristics and suitable applications. The two predominant types are radial and bias-ply structures, each with distinct attributes. Radial tires are constructed with cords that run perpendicular to the direction of travel. This design is often favored for on-road and mixed-use applications because it typically offers lower rolling resistance, which can contribute to improved energy efficiency, and a smoother ride quality that more closely approximates traditional pneumatic tires. The flexibility of the sidewalls in a radial design aids in shock absorption. Conversely, bias-ply tires, also known as cross-ply, are built with cords that crisscross at angles. This construction yields a stiffer, more robust tire that is exceptionally durable and resistant to damage, making it highly suitable for heavy-duty off-road environments, construction equipment, and industrial vehicles where puncture resistance and load-bearing capacity under harsh conditions are prioritized over ride comfort. The choice between radial and bias-ply designs is a fundamental trade-off between comfort and efficiency versus ultimate durability and toughness, guiding their adoption across different vehicle segments.

Application Insights

The application of automotive airless tires spans several key vehicle segments, each with unique demands driving adoption. The military and defense sector is a pioneering adopter, utilizing airless tires on tactical vehicles, all-terrain transporters, and other equipment where mission-critical reliability is non-negotiable. The immunity to punctures from ballistic or terrain hazards provides a decisive tactical advantage. In the commercial sphere, material handling equipment such as forklifts, aerial lifts, and skid steers represent a mature application area. In these controlled environments, the durability and elimination of downtime for flat tires result in immediate productivity gains and cost savings. The construction and agriculture industry is another significant segment, employing these tires on heavy machinery that operates in debris-filled environments where tire damage is a frequent and costly occurrence. For passenger vehicles, application is still in the nascent stages, with focus on premium SUVs and future mobility solutions like autonomous shuttles. Here, the value proposition centers on safety, convenience, and alignment with futuristic vehicle designs. Finally, the two-wheeler segment, including bicycles and e-scooters, is exploring airless tires to enhance reliability for shared micro-mobility services, reducing maintenance needs for large fleets.

Regional Insights

The adoption and development of the automotive airless tire market exhibit distinct regional patterns influenced by industrial focus, regulatory environments, and technological advancement. North America, particularly the United States, demonstrates significant activity, driven by strong demand from its robust military and defense sector and a large market for commercial and off-road vehicles. The presence of major tire manufacturers and a culture of technological innovation further bolster the region's position. Europe follows closely, with its strong automotive OEM base and stringent safety regulations creating a fertile ground for the development and integration of advanced tire technologies. European companies are actively engaged in research partnerships aimed at enhancing the environmental credentials of airless tires. The Asia-Pacific region is anticipated to be a high-growth market, fueled by the expansive automotive manufacturing hubs in countries like Japan, South Korea, and China. The region's growing industrialization, increasing investment in construction and infrastructure projects, and the rapid expansion of its commercial vehicle fleet present substantial opportunities for airless tire adoption. Each region's unique automotive landscape and industrial priorities shape the pace and nature of market development for this disruptive technology.

Company Insights

The competitive forefront of the automotive airless tire market features a blend of industry stalwarts and innovative specialists. Michelin is a seminal player, renowned for its Uptis (Unique Puncture-proof Tire System) prototype, developed in partnership with General Motors, aimed at the passenger vehicle segment. Their expertise in tire design and material science is foundational to their progress. Bridgestone is another key contender, actively developing its Air Free Concept tire, focusing on a spoke-based structure and emphasizing recyclability as a core benefit. Hankook Tire has introduced the i-Flex, a series of airless tire concepts demonstrating applications for urban mobility vehicles. Beyond these giants, companies like Amerityre Corporation bring specialized knowledge in polyurethane elastomers, offering a different material approach to achieving the required flexibility and durability. Toyo Tires has also showcased developments, indicating broad interest across the industry. The strategies of these companies often involve not just internal R&D but also forming strategic alliances with automotive manufacturers to test and validate prototypes in real-world conditions, aiming to overcome technical hurdles and prepare for eventual mass production and market launch.

Recent Developments

The automotive airless tire market is dynamic, with recent developments highlighting progress towards commercialization and technological refinement. A significant trend is the move from pure concept validation to real-world testing and limited launch programs. Major tire manufacturers have announced extended testing phases with automotive OEMs on public roads, gathering crucial data on long-term durability, performance under various weather conditions, and consumer acceptance. There has been a noticeable acceleration in patent filings related to new composite materials and unique structural designs aimed at solving the challenges of vibration and heat buildup. Furthermore, development efforts have expanded to encompass sustainability, with increased focus on creating tires using bio-sourced and fully recyclable materials to enhance the environmental profile of the product. The application scope has also broadened, with new prototypes being unveiled for electric vehicles and autonomous delivery vehicles, aligning with future transportation trends. Collaborations between tire companies and technology firms specializing in simulation software and advanced materials have intensified, accelerating the design iteration process. These developments collectively indicate a market that is maturing beyond the prototype stage, inching closer to viable commercial products for specific applications.

Report Segmentation

This comprehensive market research report on the automotive airless tire industry provides a detailed analysis structured through meticulous segmentation. The report is segmented by type to delve into the distinctions and market dynamics between radial and bias-ply airless tire constructions, analyzing the adoption trends and technological advancements specific to each design. It is further segmented by application, offering deep insights into the demand drivers and growth prospects across key end-use sectors including military vehicles, commercial vehicles, passenger cars, and two-wheelers. Each application segment is evaluated for its current adoption rate, potential for expansion, and specific requirements influencing tire design. The regional segmentation provides a granular view of the market across North America, Europe, Asia Pacific, and the Rest of the World, examining regional regulatory policies, industrial activities, and presence of key market players that influence market growth. This multi-dimensional segmentation allows for a thorough understanding of the market landscape, enabling stakeholders to identify niche opportunities, understand competitive dynamics, and make informed strategic decisions based on targeted, segment-specific analysis and forecasts.

FAQs

What are airless tires made of?

Airless tires are primarily constructed from advanced, high-strength composite materials and resilient polymers. A common material is polyurethane, which is valued for its durability, flexibility, and resistance to wear and tear. The internal support structure, which replaces air pressure, is often made from engineered plastic or composite webs, ribs, or spokes designed to flex under load and provide a cushioning effect. Some designs also incorporate recycled materials or are being developed with enhanced recyclability in mind.

How long do airless tires last?

The anticipated lifespan of airless tires is a key value proposition, with manufacturers designing them to significantly outlast conventional pneumatic tires. While exact longevity depends on the application and driving conditions, they are engineered to endure for thousands of hours of operation without the tread wear and sidewall degradation associated with air pressure loss and punctures. Their solid or structured design aims to eliminate many common failure modes, potentially doubling or tripling the service life of a standard tire.

Can airless tires be punctured?

One of the fundamental advantages of airless tires is their high resistance to punctures. Because they do not rely on air pressure to maintain their shape and function, penetrating objects like nails or glass do not cause a catastrophic failure or deflation. The solid or web-based structure allows the tire to continue functioning even if a portion of the tread is damaged. However, extremely severe impacts could potentially damage the structural components, but the overall design is inherently more resilient to common road hazards.

Are airless tires available for cars?

While airless tires are commercially available for specific applications like golf carts, lawnmowers, and certain industrial vehicles, their availability for mainstream passenger cars is still in the development and testing phase. Major tire companies have produced prototypes and are conducting extensive real-world tests in collaboration with automotive manufacturers. Limited commercial launches for aftermarket or specialty vehicle applications are beginning, but widespread availability for standard passenger vehicles is expected to occur gradually as the technology matures.

What are the disadvantages of airless tires?

The primary disadvantages currently associated with airless tires relate to performance and cost. They can generate more noise and provide a harsher ride compared to pneumatic tires, especially at higher speeds on paved roads, due to their stiffer construction. Heat dissipation is also a challenge, as the solid structure can trap heat generated during rolling, which could affect performance and material integrity. Furthermore, the initial production cost is currently higher than that of traditional tires, though this is expected to decrease with economies of scale.

Who makes airless tires?

Airless tires are being developed and produced by several leading tire and technology companies. Global tire manufacturers such as Michelin, Bridgestone, and Hankook Tire are at the forefront, investing heavily in research and showcasing advanced prototypes. Specialty companies like Amerityre Corporation also contribute significantly with their focus on polyurethane tire technology. These companies are driving innovation through intensive research and development programs and strategic partnerships with vehicle manufacturers.

Citius Research has developed a research report titled “Automotive Airless Tire Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• Automotive Airless Tire Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Automotive Airless Tire Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

Automotive Airless Tire Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

Automotive Airless Tire Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of Automotive Airless Tire Market
• Research Methodology
• Executive Summary
• Market Dynamics of Automotive Airless Tire Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Automotive Airless Tire Market
• Cost and Gross Margin Analysis of Automotive Airless Tire Market
• Automotive Airless Tire Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “Automotive Airless Tire Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

Automotive Airless Tire Market Key Stakeholders

Below are the key stakeholders for the Automotive Airless Tire Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

Automotive Airless Tire Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Automotive Airless Tire Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the Automotive Airless Tire Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Automotive Airless Tire Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global Automotive Airless Tire Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Automotive Airless Tire Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global Automotive Airless Tire Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global Automotive Airless Tire Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global Automotive Airless Tire Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global Automotive Airless Tire Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America Automotive Airless Tire Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America Automotive Airless Tire Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe Automotive Airless Tire Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA Automotive Airless Tire Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific Automotive Airless Tire Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa Automotive Airless Tire Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia Automotive Airless Tire Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

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