Global Advanced Tires Market Growth 2024-2030

Publication ID:

LPI05245077

Publication Date:

May 24, 2024

Pages:

107

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Manufacturing (Automotive) [2]

Components [3]

Automotive [4]

Description:

Advanced tires comprise technologies such as chip-embedded, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase the in-vehicle convenience by significantly. These technologies help increase the durability of the tire by real-time monitoring of tire pressure. Moreover, the tire pressure within normal range also improves the fuel efficiency of the vehicle. Hence, advanced tire technologies are expected to lower the maintenance cost of the vehicle resulting in an increasing demand for advanced tires across the globe.
The global Advanced Tires market size is projected to grow from US$ 150.3 million in 2023 to US$ 303.9 million in 2030; it is expected to grow at a CAGR of 10.6% from 2024 to 2030.
The 鈥淎dvanced Tires Industry Forecast鈥� looks at past sales and reviews total world Advanced Tires sales in 2023, providing a comprehensive analysis by region and market sector of projected Advanced Tires sales for 2024 through 2030. With Advanced Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced Tires industry.
This Insight Report provides a comprehensive analysis of the global Advanced Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Advanced Tires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced Tires and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced Tires.
In 2022, global tire sales reached 1.749 billion units, of which the three major markets of Europe, North America and China will collectively sell 1.14 billion units, accounting for 65% of the total. China is the world's largest tire producer and exporter. Among the top 75 tire companies in 2022 released by Tire Business, 34 are Chinese companies (including 5 from Taiwan), with a total sale of approximately US$ 34.5 billion, accounting for approximately 19.42% of the total global sales. According to data from the National Bureau of Statistics, by the end of December 2022, the output of rubber tire casings in China was about 856 million. According to the data of the General Administration of Customs, in 2022, the cumulative export volume of rubber tires in China was 7.65 million tons, a year-on-year increase of 4.7%; the export value was 楼131.418 billion, an increase of 16%; the trade surplus was 103.709 billion yuan, an increase of 楼15.89 billion.
This report presents a comprehensive overview, market shares, and growth opportunities of Advanced Tires market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Chip-embedded Tires
Multi-chamber Tires
Self-inflating Tires
All-in-one Tires
Segmentation by application
Passenger Car
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Continental
Michelin
Bridgestone
Pirelli
Goodyear
Sumitomo
Nokian
Yokohama
Hankook Tire
Ceat
Toyo Tire & Rubber
Key Questions Addressed in this Report
What is the 10-year outlook for the global Advanced Tires market?
What factors are driving Advanced Tires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Advanced Tires market opportunities vary by end market size?
How does Advanced Tires break out type, application?

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Advanced Tires Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Advanced Tires by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Advanced Tires by Country/Region, 2019, 2023 & 2030
2.2 Advanced Tires Segment by Type
2.2.1 Chip-embedded Tires
2.2.2 Multi-chamber Tires
2.2.3 Self-inflating Tires
2.2.4 All-in-one Tires
2.3 Advanced Tires Sales by Type
2.3.1 Global Advanced Tires Sales Market Share by Type (2019-2024)
2.3.2 Global Advanced Tires Revenue and Market Share by Type (2019-2024)
2.3.3 Global Advanced Tires Sale Price by Type (2019-2024)
2.4 Advanced Tires Segment by Application
2.4.1 Passenger Car
2.4.2 Commercial Vehicle
2.5 Advanced Tires Sales by Application
2.5.1 Global Advanced Tires Sale Market Share by Application (2019-2024)
2.5.2 Global Advanced Tires Revenue and Market Share by Application (2019-2024)
2.5.3 Global Advanced Tires Sale Price by Application (2019-2024)
3 Global Advanced Tires by Company
3.1 Global Advanced Tires Breakdown Data by Company
3.1.1 Global Advanced Tires Annual Sales by Company (2019-2024)
3.1.2 Global Advanced Tires Sales Market Share by Company (2019-2024)
3.2 Global Advanced Tires Annual Revenue by Company (2019-2024)
3.2.1 Global Advanced Tires Revenue by Company (2019-2024)
3.2.2 Global Advanced Tires Revenue Market Share by Company (2019-2024)
3.3 Global Advanced Tires Sale Price by Company
3.4 Key Manufacturers Advanced Tires Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Advanced Tires Product Location Distribution
3.4.2 Players Advanced Tires Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Advanced Tires by Geographic Region
4.1 World Historic Advanced Tires Market Size by Geographic Region (2019-2024)
4.1.1 Global Advanced Tires Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Advanced Tires Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Advanced Tires Market Size by Country/Region (2019-2024)
4.2.1 Global Advanced Tires Annual Sales by Country/Region (2019-2024)
4.2.2 Global Advanced Tires Annual Revenue by Country/Region (2019-2024)
4.3 Americas Advanced Tires Sales Growth
4.4 APAC Advanced Tires Sales Growth
4.5 Europe Advanced Tires Sales Growth
4.6 Middle East & Africa Advanced Tires Sales Growth
5 Americas
5.1 Americas Advanced Tires Sales by Country
5.1.1 Americas Advanced Tires Sales by Country (2019-2024)
5.1.2 Americas Advanced Tires Revenue by Country (2019-2024)
5.2 Americas Advanced Tires Sales by Type
5.3 Americas Advanced Tires Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Advanced Tires Sales by Region
6.1.1 APAC Advanced Tires Sales by Region (2019-2024)
6.1.2 APAC Advanced Tires Revenue by Region (2019-2024)
6.2 APAC Advanced Tires Sales by Type
6.3 APAC Advanced Tires Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Advanced Tires by Country
7.1.1 Europe Advanced Tires Sales by Country (2019-2024)
7.1.2 Europe Advanced Tires Revenue by Country (2019-2024)
7.2 Europe Advanced Tires Sales by Type
7.3 Europe Advanced Tires Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Advanced Tires by Country
8.1.1 Middle East & Africa Advanced Tires Sales by Country (2019-2024)
8.1.2 Middle East & Africa Advanced Tires Revenue by Country (2019-2024)
8.2 Middle East & Africa Advanced Tires Sales by Type
8.3 Middle East & Africa Advanced Tires Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Advanced Tires
10.3 Manufacturing Process Analysis of Advanced Tires
10.4 Industry Chain Structure of Advanced Tires
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Advanced Tires Distributors
11.3 Advanced Tires Customer
12 World Forecast Review for Advanced Tires by Geographic Region
12.1 Global Advanced Tires Market Size Forecast by Region
12.1.1 Global Advanced Tires Forecast by Region (2025-2030)
12.1.2 Global Advanced Tires Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Advanced Tires Forecast by Type
12.7 Global Advanced Tires Forecast by Application
13 Key Players Analysis
13.1 Continental
13.1.1 Continental Company Information
13.1.2 Continental Advanced Tires Product Portfolios and Specifications
13.1.3 Continental Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Continental Main Business Overview
13.1.5 Continental Latest Developments
13.2 Michelin
13.2.1 Michelin Company Information
13.2.2 Michelin Advanced Tires Product Portfolios and Specifications
13.2.3 Michelin Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Michelin Main Business Overview
13.2.5 Michelin Latest Developments
13.3 Bridgestone
13.3.1 Bridgestone Company Information
13.3.2 Bridgestone Advanced Tires Product Portfolios and Specifications
13.3.3 Bridgestone Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Bridgestone Main Business Overview
13.3.5 Bridgestone Latest Developments
13.4 Pirelli
13.4.1 Pirelli Company Information
13.4.2 Pirelli Advanced Tires Product Portfolios and Specifications
13.4.3 Pirelli Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Pirelli Main Business Overview
13.4.5 Pirelli Latest Developments
13.5 Goodyear
13.5.1 Goodyear Company Information
13.5.2 Goodyear Advanced Tires Product Portfolios and Specifications
13.5.3 Goodyear Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Goodyear Main Business Overview
13.5.5 Goodyear Latest Developments
13.6 Sumitomo
13.6.1 Sumitomo Company Information
13.6.2 Sumitomo Advanced Tires Product Portfolios and Specifications
13.6.3 Sumitomo Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Sumitomo Main Business Overview
13.6.5 Sumitomo Latest Developments
13.7 Nokian
13.7.1 Nokian Company Information
13.7.2 Nokian Advanced Tires Product Portfolios and Specifications
13.7.3 Nokian Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Nokian Main Business Overview
13.7.5 Nokian Latest Developments
13.8 Yokohama
13.8.1 Yokohama Company Information
13.8.2 Yokohama Advanced Tires Product Portfolios and Specifications
13.8.3 Yokohama Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Yokohama Main Business Overview
13.8.5 Yokohama Latest Developments
13.9 Hankook Tire
13.9.1 Hankook Tire Company Information
13.9.2 Hankook Tire Advanced Tires Product Portfolios and Specifications
13.9.3 Hankook Tire Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Hankook Tire Main Business Overview
13.9.5 Hankook Tire Latest Developments
13.10 Ceat
13.10.1 Ceat Company Information
13.10.2 Ceat Advanced Tires Product Portfolios and Specifications
13.10.3 Ceat Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Ceat Main Business Overview
13.10.5 Ceat Latest Developments
13.11 Toyo Tire & Rubber
13.11.1 Toyo Tire & Rubber Company Information
13.11.2 Toyo Tire & Rubber Advanced Tires Product Portfolios and Specifications
13.11.3 Toyo Tire & Rubber Advanced Tires Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Toyo Tire & Rubber Main Business Overview
13.11.5 Toyo Tire & Rubber Latest Developments
14 Research Findings and Conclusion

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