Airless Tires Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2022-2026

The airless tires market is expected to grow by $ 27.79 mn, accelerating at a CAGR of almost 7.34% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.

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Airless Tires Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented by Application (Automotive and Non-automotive) and Geography (North America, Europe, APAC, MEA, and South America).
• 59% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Airless Tires Market size.

Airless Tires Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

• Rising adoption of ATVs in the agriculture sector will be a significant factor in driving the growth of the Airless Tires Market.
• Increased use of golf carts will be instrumental in driving the market growth during the forecast period.
• High penetration of pneumatic tires is a hurdle that needs to be crossed on the path to success.

Airless Tires Market: Vendor Analysis

• The market is fragmented.
• Amerityre Corp., Bridgestone Corp., Continental AG, Hankook Tire & Technology Co. Ltd., Michelin Group, Sumitomo Rubber Industries Ltd., THE GOODYEAR TIRE & RUBBER Co., Toyo Tire Corp., Trelleborg AB, and Yokohama Rubber Co. Ltd. are some of the major market participants.
• The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

• Airless Tires Market Split by Application
  • Automotive
  • Non-automotive
• Airless Tires Market Split by Geography
  • North America
  • Europe
  • APAC
  • MEA
  • South America

Customer landscape

• Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• North America - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Competitive scenario
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Amerityre Corp.
• Bridgestone Corp.
• Continental AG
• Hankook Tire & Technology Co. Ltd.
• Michelin Group
• Sumitomo Rubber Industries Ltd.
• THE GOODYEAR TIRE & RUBBER Co.
• Toyo Tire Corp.
• Trelleborg AB
• Yokohama Rubber Co. Ltd.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of 7.34%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 27.79 mn through 2022-2026.
    
3. What is a key factor driving this market?
   Rising adoption of ATVs in the agriculture sector will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   59% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Amerityre Corp., Bridgestone Corp., Continental AG, Hankook Tire & Technology Co. Ltd., Michelin Group, Sumitomo Rubber Industries Ltd., THE GOODYEAR TIRE & RUBBER Co., Toyo Tire Corp., Trelleborg AB, and Yokohama Rubber Co. Ltd.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (Automotive and Non-automotive) and Geography (North America, Europe, APAC, MEA, and South America)