In recent days, adoption of artificial intelligence and smart technology is being incorporated into automobiles and tires. Sensors in advanced tires are being installed to identify threats and react to changes in environment. The sensors installed in the advanced tires measure various variables and forward them to the driver, vehicles onboard systems or to the drivers mobile. In addition, companies are offering few next generation advance tire applications for passenger car tires, and it is anticipated that in coming years premium tires will provide more driver assistance solutions.
The market is anticipated to witness a significant growth over the years, owing to the increase in automobile production.
The global advanced tire market is segmented on the basis of material type, type, technology, vehicle type, and region. By material type, the market is divided into natural rubber, synthetic rubber, steel, elastomers, and others. By type, it is classified into pneumatic tires, run flat tires, airless tires, and others. By technology, the market is categorized into chip embedded tires, self-inflating tires, multi chamber tires, all in one tire, and others. By vehicle type, the market is classified as light duty vehicles, heavy duty vehicle, agricultural tractors, construction & mining equipment, and industrial equipment. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players including Bridgestone Corporation, Continental AG, Michelin, Pirelli & C. S.p.A, The Goodyear Tire & Rubber Company, THE YOKOHAMA RUBBER CO., LTD, Nokian Tyres plc, Hankook Tire & Technology Co., Ltd., Sumitomo Corporation, Toyo Tire Corporation, and others hold a major advance tire market share.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global advanced tires market along with the current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2020 to 2030 to highlight the financial competency of the market.
Porters five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
By Material Type
o Natural Rubber
o Synthetic Rubber
o Steel
o Elastomers
o Others
By Type
o Pneumatic Tires
o Run Flat Tires
o Airless Tires
o Others
By Technology
o Chip Embedded Tires
o Self-Inflating Tires
o Multi Chamber Tires
o All in One Tires
o Others
By Vehicle Type
o Light Duty Vehicles
o Heavy Duty Vehicle
o Agricultural Tractors
o Construction & Mining Equipment
o Industrial Equipment
By Region
o North America
U.S.
Canada
Mexico
o Europe
Germany
France
UK
Italy
Rest of Europe
o Asia-Pacific
Japan
China
India
South Korea
Rest of Asia-Pacific
o LAMEA
Latin America
Middle East
Africa
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies
3.3. PorterS Five Forces Analysis
3.4. Market Share Analysis (2017)
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Increase In Automobile Production
3.5.1.2. Stringent Regulations Towards Vehicular Emission
3.5.2. Restraint
3.5.2.1. Fluctuating Price of Raw Material
3.5.3. Opportunities
3.5.3.1. Rising Concern For Fuel Efficiency And Safety
Chapter 4: Advanced Tires Market, By Material Type
4.1. Overview
4.2. Natural Rubber
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Synthetic Rubber
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
4.4. Steel
4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country
4.5. Elastomers
4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country
4.6. Others
4.6.1. Key Market Trends, Growth Factors, And Opportunities
4.6.2. Market Size And Forecast, By Region
4.6.3. Market Analysis By Country
Chapter 5: Advanced Tires Market, By Type
5.1. Overview
5.2. Pneumatic Tires
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Run Flat Tires
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4. Airless Tires
5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
5.5. Others
5.5.1. Key Market Trends, Growth Factors, And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country
Chapter 6: Advanced Tires Market, By Technology
6.1. Overview
6.2. Chip Embedded Tires
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country
6.3. Self Inflating Tires
6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country
6.4. Multi Chamber Tires
6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis By Country
6.5. All In One Tires
6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis By Country
6.6. Others
6.6.1. Key Market Trends, Growth Factors, And Opportunities
6.6.2. Market Size And Forecast, By Region
6.6.3. Market Analysis By Country
Chapter 7: Advanced Tires Market, By Vehicle Type
7.1. Overview
7.2. Light Duty Vehicles
7.2.1. Key Market Trends, Growth Factors And Opportunities
7.2.2. Market Size And Forecast, By Region
7.2.3. Market Analysis By Country
7.3. Heavy Duty Vehicles
7.3.1. Key Market Trends, Growth Factors And Opportunities
7.3.2. Market Size And Forecast, By Region
7.3.3. Market Analysis By Country
7.4. Agricultural Tractors
7.4.1. Key Market Trends, Growth Factors And Opportunities
7.4.2. Market Size And Forecast, By Region
7.4.3. Market Analysis By Country
7.5. Construction And Mining Equipment
7.5.1. Key Market Trends, Growth Factors And Opportunities
7.5.2. Market Size And Forecast, By Region
7.5.3. Market Analysis By Country
7.6. Industrial Equipment
7.6.1. Key Market Trends, Growth Factors And Opportunities
7.6.2. Market Size And Forecast, By Region
7.6.3. Market Analysis By Country
Chapter 8: Advanced Tires Market, By Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends, Growth Factors, And Opportunities
8.2.2. Market Size And Forecast, By Material Type
8.2.3. Market Size And Forecast, By Type
8.2.4. Market Size And Forecast, By Technology
8.2.5. Market Size And Forecast, By Vehicle Type
8.2.6. Market Analysis By Country
8.2.6.1. U.S.
8.2.6.1.1. Market Size And Forecast, By Material Type
8.2.6.1.2. Market Size And Forecast, By Type
8.2.6.1.3. Market Size And Forecast, By Technology
8.2.6.1.4. Market Size And Forecast, By Vehicle Type
8.2.6.2. Canada
8.2.6.2.1. Market Size And Forecast, By
8.2.6.2.2. Market Size And Forecast, By Type
8.2.6.2.3. Market Size And Forecast, By Technology
8.2.6.2.4. Market Size And Forecast, By Vehicle Type
8.2.6.3. Mexico
8.2.6.3.1. Market Size And Forecast, By Material Type
8.2.6.3.2. Market Size And Forecast, By Type
8.2.6.3.3. Market Size And Forecast, By Technology
8.2.6.3.4. Market Size And Forecast, By Vehicle Type
8.3. Europe
8.3.1. Key Market Trends, Growth Factors, And Opportunities
8.3.2. Market Size And Forecast, By Material Type
8.3.3. Market Size And Forecast, By Type
8.3.4. Market Size And Forecast, By Technology
8.3.5. Market Size And Forecast, By Vehicle Type
8.3.6. Market Analysis By Country
8.3.6.1. Uk
8.3.6.1.1. Market Size And Forecast, By Material Type
8.3.6.1.2. Market Size And Forecast, By Type
8.3.6.1.3. Market Size And Forecast, By Technology
8.3.6.1.4. Market Size And Forecast, By Vehicle Type
8.3.6.2. Germany
8.3.6.2.1. Market Size And Forecast, By Material Type
8.3.6.2.2. Market Size And Forecast, By Type
8.3.6.2.3. Market Size And Forecast, By Technology
8.3.6.2.4. Market Size And Forecast, By Vehicle Type
8.3.6.3. Italy
8.3.6.3.1. Market Size And Forecast, By Material Type
8.3.6.3.2. Market Size And Forecast, By Type
8.3.6.3.3. Market Size And Forecast, By Technology
8.3.6.3.4. Market Size And Forecast, By Vehicle Type
8.3.6.4. France
8.3.6.4.1. Market Size And Forecast, By Material Type
8.3.6.4.2. Market Size And Forecast, By Type
8.3.6.4.3. Market Size And Forecast, By Technology
8.3.6.4.4. Market Size And Forecast, By Vehicle Type
8.3.6.5. Rest of Europe
8.3.6.5.1. Market Size And Forecast, By Material Type
8.3.6.5.2. Market Size And Forecast, By Type
8.3.6.5.3. Market Size And Forecast, By Technology
8.3.6.5.4. Market Size And Forecast, By Vehicle Type
8.4. Asia-Pacific
8.4.1. Key Market Trends, Growth Factors, And Opportunities
8.4.2. Market Size And Forecast, By Material Type
8.4.3. Market Size And Forecast, By Type
8.4.4. Market Size And Forecast, By Technology
8.4.5. Market Size And Forecast, By Vehicle Type
8.4.6. Market Analysis By Country
8.4.6.1. China
8.4.6.1.1. Market Size And Forecast, By Material Type
8.4.6.1.2. Market Size And Forecast, By Type
8.4.6.1.3. Market Size And Forecast, By Technology
8.4.6.1.4. Market Size And Forecast, By Vehicle Type
8.4.6.2. Japan
8.4.6.2.1. Market Size And Forecast, By Material Type
8.4.6.2.2. Market Size And Forecast, By Type
8.4.6.2.3. Market Size And Forecast, By Technology
8.4.6.2.4. Market Size And Forecast, By Vehicle Type
8.4.6.3. India
8.4.6.3.1. Market Size And Forecast, By Material Type
8.4.6.3.2. Market Size And Forecast, By Type
8.4.6.3.3. Market Size And Forecast, By Technology
8.4.6.3.4. Market Size And Forecast, By Vehicle Type
8.4.6.4. South Korea
8.4.6.4.1. Market Size And Forecast, By Material Type
8.4.6.4.2. Market Size And Forecast, By Type
8.4.6.4.3. Market Size And Forecast, By Technology
8.4.6.4.4. Market Size And Forecast, By Vehicle Type
8.4.6.5. Rest of Asia-Pacific
8.4.6.5.1. Market Size And Forecast, By Material Type
8.4.6.5.2. Market Size And Forecast, By Type
8.4.6.5.3. Market Size And Forecast, By Technology
8.4.6.5.4. Market Size And Forecast, By Vehicle Type
8.5. Lamea
8.5.1. Key Market Trends, Growth Factors, And Opportunities
8.5.2. Market Size And Forecast, By Material Type
8.5.3. Market Size And Forecast, By Type
8.5.4. Market Size And Forecast, By Technology
8.5.5. Market Size And Forecast, By Vehicle Type
8.5.6. Market Analysis By Country
8.5.6.1. Latin America
8.5.6.1.1. Market Size And Forecast, By Material Type
8.5.6.1.2. Market Size And Forecast, By Type
8.5.6.1.3. Market Size And Forecast, By Technology
8.5.6.1.4. Market Size And Forecast, By Vehicle Type
8.5.6.2. Middle East
8.5.6.2.1. Market Size And Forecast, By Material Type
8.5.6.2.2. Market Size And Forecast, By Type
8.5.6.2.3. Market Size And Forecast, By Technology
8.5.6.2.4. Market Size And Forecast, By Vehicle Type
8.5.6.3. Africa
8.5.6.3.1. Market Size And Forecast, By Material Type
8.5.6.3.2. Market Size And Forecast, By Type
8.5.6.3.3. Market Size And Forecast, By Technology
8.5.6.3.4. Market Size And Forecast, By Vehicle Type
Chapter 9: Company Profiles
9.1. Bridgestone Corporation
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. Business Performance
9.1.6. Key Strategic Moves And Developments
9.2. Continental Ag
9.2.1. Company Overview
9.2.2. Company Snapshot
9.2.3. Operating Business Segments
9.2.4. Product Portfolio
9.2.5. Business Performance
9.2.6. Key Strategic Moves And Developments
9.3. Michelin
9.3.1. Company Overview
9.3.2. Company Snapshot
9.3.3. Operating Business Segments
9.3.4. Product Portfolio
9.3.5. Business Performance
9.3.6. Key Strategic Moves And Developments
9.4. Pirelli & C. S.P.A
9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Business Performance
9.5. The Goodyear Tire & Rubber Company
9.5.1. Company Overview
9.5.2. Company Snapshot
9.5.3. Operating Business Segments
9.5.4. Business Performance
9.5.5. Key Strategic Moves And Developments
9.6. The Yokohama Rubber Co., Ltd.
9.6.1. Company Overview
9.6.2. Company Snapshot
9.6.3. Operating Business Segments
9.6.4. Product Portfolio
9.6.5. Business Performance
9.6.6. Key Strategic Moves And Developments
9.7. Nokian Tyres Plc.
9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Operating Business Segments
9.7.4. Business Performance
9.7.5. Key Strategic Moves And Developments
9.8. Hankook Tire & Technology Co.,Ltd.
9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Business Performance
9.9. Sumitomo Corporation
9.9.1. Company Overview
9.9.2. Company Snapshot
9.9.3. Operating Business Segments
9.9.4. Business Performance
9.9.5. Key Strategic Moves And Developments
9.10. Toyo Tire Corporation
9.10.1. Company Overview
9.10.2. Company Snapshot
9.10.3. Operating Business Segments
9.10.4. Business Performance