Advanced Tire Market PowerPoint PPT Presentations

Advanced tires are made up of various combinations of different types of materials. They have less chances of getting punctured and are fuel efficient. They have a better grip on the road and less prone to accidents and can sense the conditions of the roads.

Automotive Tire Market report categorizes the global market by Type (Radial, and Bias/Cross ply), Section Width (230 mm), Aspect Ratio (70), Aftermarket (Radial, and Bias/Cross Ply), & by Geography.

The global market is set to gain revenue worth $93.38 billion by 2028, rising at a CAGR of 4.43% during the forecast years 2022-2028. Read more about our blog. https://blogs.tritonmarketresearch.com/tire-aftermarket-tire-replacement-market-a-competing-shift

The global market is set to gain revenue worth $93.38 billion by 2028, rising at a CAGR of 4.43% during the forecast years 2022-2028. Read more about our blog.

The advanced tires market is projected to grow at a CAGR of 17.98% during the forecast period, to reach a USD 1,148.3 million by 2030 from an estimated USD 219.7 million in 2020.

Global Advanced Tires Market Expected to Grow at 18.4% CAGR during 2020-2030, Run flat tires market share is projected as the most lucrative segments.

Sales of automotive tubeless tires generated revenues worth US$ 148 Bn in 2018 and are anticipated to exceed US$ 158 Bn by the end of 2019.

Advanced Tires Market By On-Highway & Off-Highway Vehicle, Technology (TPMS, Chip-Embedded, Self-Inflating, All-in-one, Multi-Chamber), Autonomous Vehicle, 3D Printed, Type (Run-flat, Airless, Pneumatic), Material, and Region

The study "Styrene Butadiene Rubber (SBR) Market" considers market environment factors, details industry structure, evaluates company market share and profiles industry players. https://bit.ly/2E22uZS

OTR Tires Market size was valued $7.5 billion in 2020 and is estimated to grow at a CAGR of 3.5% during 2021-2026. The growing demand for mining, agriculture and construction are fueling the OTR Tire market.

Global Construction Equipment Tire Market will register a 6.5% CAGR from 2024 to 2032, fueled by advances in tire technology and the introduction of innovative products. Ongoing enhancements in tire manufacturing, focusing on durability, performance, and specialized features, contribute to market growth. The introduction of new tire launches tailored to meet evolving industry demand further stimulates market expansion. As the construction sector prioritizes efficiency and safety, the synergy of technological progress and innovative launches will significantly drive market size.

Increasing usage of new and more advanced materials in tires is a key factor driving market revenue growth

Increasing usage of new and more advanced materials in tires is a key factor driving market revenue growth

The South Africa Tire Market size is projected to grow at a CAGR of around 4.5% during the forecast period, i.e., 2023-28.

The Global Aviation Tires Market was valued at around USD 1.2 billion in 2017 and is expected to surpass USD 2 billion by the year 2026.

According to the latest research report by IMARC Group, The global aircraft tire market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.9% during 2024-2032. More Info:- https://www.imarcgroup.com/aircraft-tire-market

As per the report, the airless tires industry size from the rubber material segment is expected to surpass USD 30 million by 2032. Airless tires made using rubber function as a movable cushion and can better withstand the impact of vibrations and automobile-based shocks. New innovations in rubber technology will aid market players to develop advanced airless rubber tires. For instance, in 2020, Goodyear announced that it will launch tires using sustainable materials by the end of 2030. The company will also begin testing an airless tire on delivery robots at Ohio’s Bowling Green State University. Such developments are expected to boost the airless tire market growth in the coming years.

According to the latest research report by IMARC Group, The United States tire market size reached 350.6 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 400.3 Million Units by 2032, exhibiting a growth rate (CAGR) of 1.4% during 2024-2032. More Info:- https://www.imarcgroup.com/united-states-tire-market

The rail wheel and axle market is integral to the functioning of rail transportation, underpinning the safety, durability, and efficiency of railway systems worldwide. This market encompasses the manufacturing and maintenance of wheelsets (wheels and axles) that are critical components for freight and passenger trains, light rail, and metro systems. Persistence Market Research (PMR) has valued the global rail wheel and axle market at US$ 4,109.20 Mn in 2023 and has projected the market to grow at a value CAGR of 5.4% to reach a valuation of US$ 6,952.86 Mn by 2033, driven by ongoing railway infrastructure projects, modernization of rail networks, and the rising demand for rail transport due to its environmental benefits and cost-efficiency compared to other modes of transportation.

Global Aircraft Tires Market, assessed at USD 1.1 billion in 2019, is estimated to reach USD 1.48 billion by 2026, at a CAGR of 4.3 % over the forecast period.

The Plug-in Hybrid Electric Vehicles (PHEVs) segment is prompted to grow significantly through 2032, owing to their flexibility and extended driving range. PHEVs require specialized tires that can handle the diverse demands of electric and conventional propulsion. The increasing popularity of hybrid vehicles and advancements in battery technologies are pushing the industry growth. EV tire manufacturers are developing innovative tire solutions that optimize performance, tread life, and energy efficiency for PHEVs, ensuring a smooth and eco-friendly driving experience.

The global rubber anti-tack agents market is projected to grow from USD 472.9 million in 2024 to USD 683.4 million by 2031, achieving a CAGR of 5.4% during this period. This growth is primarily driven by the expanding automotive industry, rising demand for rubber processing chemicals in nitrile gloves, and increased rubber use in packaging and healthcare. Rubber anti-tack agents, available in liquid and slurry forms, prevent uncured rubber compounds from sticking together during storage and enhance production efficiency. The Asia Pacific region, a leading rubber producer, is expected to see high demand for these agents. Market players are focusing on new product development and technological innovations to improve profitability and meet sustainability criteria.

OTR Tires Market size was valued $7.5 billion in 2020 and is estimated to grow at a CAGR of 3.5% during 2021-2026.

The Advanced Driver Assistance Systems (ADAS) market is expected to grow from US$ 43,138.44 million in 2021 to US$ 183,814.84 million by 2028; it is estimated to grow at a CAGR of 25.4% from 2022 to 2028.

Tire Market is expected to grow at a CAGR of 3.85% during the forecast period 2023-2028 and would reach USD 318.57 Billion by 2028.. With the emergence of more efficient vehicles and a smoother infrastructure, the global tire market is experiencing rapid growth & changes. The rise in vehicle production in developing countries and increased competition among tire manufacturers are the prime aspects projected to drive the market in the forecast years. Besides, since modern farming methods are becoming increasingly popular nowadays, there's a growing focus on mechanizing farming activities, which would result in a boom for the tire industry in the agriculture sector. Read More: https://www.marknteladvisors.com/query/request-sample/global-tire-market.html

Global Advanced driver assistance systems market was valued at USD 12.45 billion in 2018 and is expected to reach a value of USD 45.15 billion at a CAGR of 16.05% during forecast period, 2019–2026.

Advanced Driver Assistance Systems (ADAS) Market Trends 2028

According to the latest research report by IMARC Group, The South East Asia tire market size is projected to exhibit a growth rate (CAGR) of 6.30% during 2024-2032. More Info:- https://www.imarcgroup.com/south-east-asia-tire-market

OTR Tires Market size was valued $7.5 billion in 2020 and is estimated to grow at a CAGR of 3.5% during 2021-2026. The growing demand for mining, agriculture and construction are fueling the OTR Tire market.

The global end-of-life tire (ELT) management market is expected to grow at a CAGR of 4.87% during the forecast period, 2023 to 2032.

Due to the heavy usage of trucks, buses, and other heavy duty vehicles in the U.S., the commercial vehicles application segment of the U.S. tire market is poised escalate at a CAGR of 2.55% through 2025.

Aircraft Tires Market by Type (Radial-ply and Bias-ply), Aircraft Type (Business and General Aviation, Commercial Aviation, Military Aviation), Platform (Fixed-wing and Rotary-wing aircraft), Position, End-User, and Region - Global Forecast to 2027

Advanced driver-assistance systems Market by Type (Adaptive Cruise Control (ACC), Lane Departure Warning System (LDWS), Intelligent Park Assist System (IPAS), Driver Drowsiness System, Blind Spot Detection (BSD) System, Night Vision, Tire Pressure Monitoring System (TPMS), Adaptive Front Lighting, Global Positioning System and Others), by Technology (Ultrasonic Sensor, Image Sensor, Radar Sensor and Other Sensors (Lidar Sensors and IR Sensors)) and by Region - Forecast 2027

The Qatar Tire Market is projected to grow at a CAGR of around 12% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by rapidly improving living standards & disposable income of people, coupled with their growing inclination toward privately owning vehicles, which, in turn, is demonstrating a swift escalation in the vehicle fleet. As a result, the demand for tires is accelerating across the country and driving the market.

Global Advanced Driver Assistance Systems (ADAS) Market is estimated to grow at a CAGR of 19.01% over the forecast period of 2018-2026.

According to the latest research report by IMARC Group, The global tire pressure monitoring system (TPMS) market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8.2% during 2024-2032. More Info:- https://www.imarcgroup.com/tire-pressure-monitoring-system-market

The global advanced driver assistance systems market size is expected to grow from $26.99 billion in 2021 to $31.36 billion in 2022 at a compound annual growth rate (CAGR) of 16.17%

Truck & Bus Tire Market

Advanced Driver Assistance Systems (ADAS) Market by System Type (Drowsiness Monitor System, Intelligent Parking Assist System (IPAS), Tire Pressure Monitoring System (TPMS),Blind Spot Detection System, Adaptive Front-lighting System, Adaptive Cruise Control System, Lane Departure Warning System and Others), Sensor Type (Image Sensor, Lidar Sensor, Ultrasonic Sensor, Infrared (IR) Sensor, Radar Sensor, and Laser Sensor), and Vehicle Type (PCV, LCV, HCV): Global Opportunity Analysis and Industry Forecast, 2021–2027

According to the latest research report by IMARC Group, The global rubber tired gantry crane market size reached US$ 1.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028. More Info:- https://www.imarcgroup.com/rubber-tired-gantry-crane-market

The TechSci Research report states that the global agricultural tire market will experience a steady growth rate between the years 2023 and 2028. This growth is attributed to changes in farming practices worldwide, which have led to an increased demand for efficient and productive agricultural machinery. Governments of various countries have invested in this sector, resulting in growth in the agricultural industry. Furthermore, the increasing population and advancements in agricultural vehicle technology have fueled the demand for agricultural vehicles and Off-the-Road (OTR) tires. These factors are expected to contribute to the growth of the global agricultural tire market during the forecast period.

The Business Research Company offers advanced driver assistance systems (adas) market research report 2023 with industry size, share, segments and market growth

The market is primarily driven by the expanding construction sector and the increasing development of numerous infrastructural projects, including housing facilities, industrial complexes, roads, and railway networks. In addition, the growing deployment of forklifts, cranes, and bulldozers for enhancing the safety and security of workers during heavy-duty construction activities represents another major growth-inducing factor.

The study on the Global Commercial Vehicle Tire Market Size, Share, Analysis, Future Insights 2028 is a thorough investigation of many factors that are significant and common in the industry under consideration. Due to a number of variables covered in the report, the market is projected to see a CAGR of 5.29% between 2023 and 2028. The report names and lists significant businesses with sizable global market shares.

According to the latest research report by IMARC Group, The United States tire market size reached 344.7 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 402.1 Million Units by 2028, exhibiting a growth rate (CAGR) of 2.7% during 2023-2028. More Info:- https://www.imarcgroup.com/united-states-tire-market

The global tire market size reached 2,321.3 Million Units in 2022. Looking forward, IMARC Group expects the market to reach 2,741.2 Million Units by 2028, exhibiting a growth rate (CAGR) of 2.88% during 2023-2028. More info: https://www.imarcgroup.com/tyre-manufacturing-plant

According to the latest research report by IMARC Group, The global tire pressure monitoring system (TPMS) market size reached US$ 6.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.1 Billion by 2028, exhibiting a growth rate (CAGR) of 9.4% during 2023-2028. More Info:- https://www.imarcgroup.com/tire-pressure-monitoring-system-market

Agriculture Tire Market: by Sales Channel (OEM and Replacement), by Application (Tractors, Harvesters, Sprayers, and Others), by Product Type (Radial and Bias), and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)

Read here the latest updates on the " Middle East Conveyor Belts Market Analysis " published by CMI team

TechSci Research has released a report titled "OTR Tire Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2017-2027," predicting that the Global OTR Tire Market will see a robust growth rate of 5.01% by volume during the forecast period. This growth is attributed to the increased manufacturing and demand for OTR tires worldwide. The largest producer and market for OTR tires is the Asia-Pacific region, with China, India, and Japan dominating the market. The China OTR tire market is expected to grow at a CAGR of 5.18% by volume between 2022 and 2027. The Global OTR Tire Market is classified according to vehicle type, demand category, tire construction type, and region. The market is segmented into Mining, Construction & Industrial Equipment, Agriculture Vehicles, and Others (which includes All-Terrain Vehicles, Sports Vehicles, etc.) based on the type of vehicle. The increasing sales of these vehicles are expected to drive the demand for OTR tires globally.

Tires are an integral component of automobiles and are manufactured using raw materials such as natural rubber, nylon tire cord fabric, and carbon black. Rubber chemicals and synthetic rubber, including styrene-butadiene rubber and poly-butadiene rubber, are also used in manufacturing tires. Agriculture tires are used in different agriculture vehicles and equipment such as tractors, sowers, and harvesters. The use of advanced equipment has had a significant improvement on crop yield and, hence, is leading to cultivators and farmers increasingly using agriculture vehicles and equipment. For more information visit on: http://www.researchbeam.com/agriculture-tires-in-india-2015-2019-market

The global tire pressure monitoring system (TPMS) market reached a value of US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2027, exhibiting a CAGR of 9.77% during 2022-2027. More info:- https://www.imarcgroup.com/tire-pressure-monitoring-system-market

Global OTR tires market is largely dominated by the Asia Pacific, with a market share of 28.0%. Asia Pacific region is anticipated to be the fastest growing OTR tire market, which is likely to expand at a CAGR of 5.2% over the forecast period owing to huge government expenditure over mining sector and rapid urbanization in the region.

Advanced driver assistance systems (ADAS) facilitate in providing the driver an intelligent driving experience and enhanced safety. The application of ADAS systems can significantly reduce the number of road accidents and severity of injuries. Get detailed report at: http://www.apacmarket.com/top-market/advanced-driver-assistance-system-market

Performance tires Market : Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Automotive Tire Market it is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2025.