Tubeless tires operate without an inner tube, while the outer casing makes an air tight seal with the rim of the wheel, and air is held in the assembly of casing and rim. The tubeless tire comprises of tread, steel belt, and spiral layer, and assist vehicles in numerous functions, such as supports vehicle load, transmits traction & breaking force to road surface, absorbs road shocks, and changes & maintains direction of travel. Moreover, to accomplish these basic functions, a tubeless tire is made up of steel belt covered with resilient rubber and inflated with high-pressure air (nitrogen, CO2, O2, and mixture of gases).
The tubeless tire market is expected to witness lucrative growth during the forecast period, due to its advantages, such as easy puncture repair, more comfortable for higher speed, lower tire pressure, better bump absorption, and reduced rotating weight as compared to conventional tires. Commercial vehicles, such as heavy-duty trucks & buses may integrate 8 or more than 8 tubeless tires depending on the application and role of the vehicle, whereas two wheelers are integrated with 2 tires and passenger cars with 4 tires.
Global Automotive Tubeless Tire market size will reach 208100 million US$ by 2025, from 128300 million US$ in 2018, at a CAGR of 6.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Tubeless Tire.
This industry study presents the global Automotive Tubeless Tire market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Tubeless Tire production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Tubeless Tire in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Bridgestone Corporation, The Goodyear Tyre & Rubber Company, etc.
The following manufacturers are covered in this report:
The Goodyear Tyre & Rubber Company
Pirelli Tyre S.p.A.
Sumitomo Rubber Industries, Ltd.
Hankook Tire Co. Ltd.
Yokohama Tire Corporation
Toyo Tire & Rubber Co. Ltd.
Kumho Tire Co., Inc.
Apollo Tyres Ltd
Automotive Tubeless Tire Breakdown Data by Type
Automotive Tubeless Tire Breakdown Data by Application
Automotive Tubeless Tire Production by Region
Automotive Tubeless Tire Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Tubeless Tire status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Tubeless Tire manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Tubeless Tire :
History Year: 2014 – 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 – 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Tubeless Tire market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Study Coverage
1.1 Automotive Tubeless Tire Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Automotive Tubeless Tire Market Size Growth Rate by Type
1.5 Market by Application
1.5.1 Global Automotive Tubeless Tire Market Size Growth Rate by Application
1.5.3 Passenger Car
1.5.4 Commercial Vehicle
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Automotive Tubeless Tire Market Size
2.1.1 Global Automotive Tubeless Tire Revenue 2014-2025
2.1.2 Global Automotive Tubeless Tire Production 2014-2025
2.2 Automotive Tubeless Tire Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Automotive Tubeless Tire Manufacturers
18.104.22.168 Automotive Tubeless Tire Manufacturing Base Distribution, Headquarters
22.214.171.124 Manufacturers Automotive Tubeless Tire Product Offered
126.96.36.199 Date of Manufacturers Enter into Automotive Tubeless Tire Market
2.4 Key Trends for Automotive Tubeless Tire Markets & Products
3 Market Size by Manufacturers
3.1 Automotive Tubeless Tire Production by Manufacturers
3.1.1 Automotive Tubeless Tire Production by Manufacturers
3.1.2 Automotive Tubeless Tire Production Market Share by Manufacturers
3.2 Automotive Tubeless Tire Revenue by Manufacturers
3.2.1 Automotive Tubeless Tire Revenue by Manufacturers (2014-2019)
3.2.2 Automotive Tubeless Tire Revenue Share by Manufacturers (2014-2019)
3.3 Automotive Tubeless Tire Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 Automotive Tubeless Tire Production by Regions
4.1 Global Automotive Tubeless Tire Production by Regions
4.1.1 Global Automotive Tubeless Tire Production Market Share by Regions
4.1.2 Global Automotive Tubeless Tire Revenue Market Share by Regions
4.2 United States
4.2.1 United States Automotive Tubeless Tire Production
4.2.2 United States Automotive Tubeless Tire Revenue
4.2.3 Key Players in United States
4.2.4 United States Automotive Tubeless Tire Import & Export
4.3.1 Europe Automotive Tubeless Tire Production
4.3.2 Europe Automotive Tubeless Tire Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Automotive Tubeless Tire Import & Export
4.4.1 China Automotive Tubeless Tire Production
4.4.2 China Automotive Tubeless Tire Revenue
4.4.3 Key Players in China
4.4.4 China Automotive Tubeless Tire Import & Export
4.5.1 Japan Automotive Tubeless Tire Production
4.5.2 Japan Automotive Tubeless Tire Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Automotive Tubeless Tire Import & Export
4.6 South Korea
4.6.1 South Korea Automotive Tubeless Tire Production
4.6.2 South Korea Automotive Tubeless Tire Revenue
4.6.3 Key Players in South Korea
4.6.4 South Korea Automotive Tubeless Tire Import & Export
4.7.1 India Automotive Tubeless Tire Production
4.7.2 India Automotive Tubeless Tire Revenue
4.7.3 Key Players in India
4.7.4 India Automotive Tubeless Tire Import & Export
4.8 Other Regions
5 Automotive Tubeless Tire Consumption by Regions
5.1 Global Automotive Tubeless Tire Consumption by Regions
5.1.1 Global Automotive Tubeless Tire Consumption by Regions
5.1.2 Global Automotive Tubeless Tire Consumption Market Share by Regions
5.2 North America
5.2.1 North America Automotive Tubeless Tire Consumption by Application
5.2.2 North America Automotive Tubeless Tire Consumption by Countries
5.2.3 United States
5.3.1 Europe Automotive Tubeless Tire Consumption by Application
5.3.2 Europe Automotive Tubeless Tire Consumption by Countries
5.4 Asia Pacific
5.4.1 Asia Pacific Automotive Tubeless Tire Consumption by Application
5.4.2 Asia Pacific Automotive Tubeless Tire Consumption by Countries
5.4.5 South Korea
5.5 Central & South America
5.5.1 Central & South America Automotive Tubeless Tire Consumption by Application
5.5.2 Central & South America Automotive Tubeless Tire Consumption by Country
5.6 Middle East and Africa
5.6.1 Middle East and Africa Automotive Tubeless Tire Consumption by Application
5.6.2 Middle East and Africa Automotive Tubeless Tire Consumption by Countries
5.6.3 GCC Countries
5.6.5 South Africa
6 Market Size by Type
6.1 Global Automotive Tubeless Tire Production by Type
6.2 Global Automotive Tubeless Tire Revenue by Type
6.3 Automotive Tubeless Tire Price by Type
7 Market Size by Application
7.2 Global Automotive Tubeless Tire Breakdown Dada by Application
7.2.1 Global Automotive Tubeless Tire Consumption by Application
7.2.2 Global Automotive Tubeless Tire Consumption Market Share by Application (2014-2019)
8 Key Industry Players
8.1 Bridgestone Corporation
8.1.1 Bridgestone Corporation Company Details
8.1.2 Production and Revenue of Automotive Tubeless Tire
8.1.3 Bridgestone Corporation Automotive Tubeless Tire Product Description
8.1.4 SWOT Analysis
8.1.5 Bridgestone Corporation Economic Activity & Plans
8.2 The Goodyear Tyre & Rubber Company
8.2.1 The Goodyear Tyre & Rubber Company Company Details
8.2.2 Production and Revenue of Automotive Tubeless Tire
8.2.3 The Goodyear Tyre & Rubber Company Automotive Tubeless Tire Product Description
8.2.4 SWOT Analysis
8.2.5 The Goodyear Tyre & Rubber Company Economic Activity & Plans
8.3 Continental AG
8.3.1 Continental AG Company Details
8.3.2 Production and Revenue of Automotive Tubeless Tire
8.3.3 Continental AG Automotive Tubeless Tire Product Description
8.3.4 SWOT Analysis
8.3.5 Continental AG Economic Activity & Plans
8.4.1 MICHELIN Company Details
8.4.2 Production and Revenue of Automotive Tubeless Tire
8.4.3 MICHELIN Automotive Tubeless Tire Product Description
8.4.4 SWOT Analysis
8.4.5 MICHELIN Economic Activity & Plans
8.5 Pirelli Tyre S.p.A.
8.5.1 Pirelli Tyre S.p.A. Company Details
8.5.2 Production and Revenue of Automotive Tubeless Tire
8.5.3 Pirelli Tyre S.p.A. Automotive Tubeless Tire Product Description
8.5.4 SWOT Analysis
8.5.5 Pirelli Tyre S.p.A. Economic Activity & Plans
8.6 Sumitomo Rubber Industries, Ltd.
8.6.1 Sumitomo Rubber Industries, Ltd. Company Details
8.6.2 Production and Revenue of Automotive Tubeless Tire
8.6.3 Sumitomo Rubber Industries, Ltd. Automotive Tubeless Tire Product Description
8.6.4 SWOT Analysis
8.6.5 Sumitomo Rubber Industries, Ltd. Economic Activity & Plans
8.7 Hankook Tire Co. Ltd.
8.7.1 Hankook Tire Co. Ltd. Company Details
8.7.2 Production and Revenue of Automotive Tubeless Tire
8.7.3 Hankook Tire Co. Ltd. Automotive Tubeless Tire Product Description
8.7.4 SWOT Analysis
8.7.5 Hankook Tire Co. Ltd. Economic Activity & Plans
8.8.1 CST. Company Details
8.8.2 Production and Revenue of Automotive Tubeless Tire
8.8.3 CST. Automotive Tubeless Tire Product Description
8.8.4 SWOT Analysis
8.8.5 CST. Economic Activity & Plans
8.9 Yokohama Tire Corporation
8.9.1 Yokohama Tire Corporation Company Details
8.9.2 Production and Revenue of Automotive Tubeless Tire
8.9.3 Yokohama Tire Corporation Automotive Tubeless Tire Product Description
8.9.4 SWOT Analysis
8.9.5 Yokohama Tire Corporation Economic Activity & Plans
8.10 Toyo Tire & Rubber Co. Ltd.
8.10.1 Toyo Tire & Rubber Co. Ltd. Company Details
8.10.2 Production and Revenue of Automotive Tubeless Tire
8.10.3 Toyo Tire & Rubber Co. Ltd. Automotive Tubeless Tire Product Description
8.10.4 SWOT Analysis
8.10.5 Toyo Tire & Rubber Co. Ltd. Economic Activity & Plans
8.11 CEAT Ltd.
8.12 MRF Limited
8.13 Kumho Tire Co., Inc.
8.14 Apollo Tyres Ltd
9 Entry Strategy for Key Countries
9.1 Entry Strategy for United States Market
9.2 Entry Strategy for China Market
9.3 Entry Strategy for India Market
10 Production Forecasts
10.1 Automotive Tubeless Tire Production and Revenue Forecast
10.1.1 Global Automotive Tubeless Tire Production Forecast 2019-2025
10.1.2 Global Automotive Tubeless Tire Revenue Forecast 2019-2025
10.2 Automotive Tubeless Tire Production and Revenue Forecast by Regions
10.2.1 Global Automotive Tubeless Tire Revenue Forecast by Regions
10.2.2 Global Automotive Tubeless Tire Production Forecast by Regions
10.3 Automotive Tubeless Tire Key Producers Forecast
10.3.1 United States
10.3.5 South Korea
10.4 Forecast by Type
10.4.1 Global Automotive Tubeless Tire Production Forecast by Type
10.4.2 Global Automotive Tubeless Tire Revenue Forecast by Type
11 Consumption Forecast
11.1 Automotive Tubeless Tire Consumption Forecast by Application
11.2 Automotive Tubeless Tire Consumption Forecast by Regions
11.3 North America Market Consumption Forecast
11.3.1 North America Automotive Tubeless Tire Consumption Forecast by Regions 2019-2025
11.3.2 United States
11.4 Europe Market Consumption Forecast
11.4.1 Europe Automotive Tubeless Tire Consumption Forecast by Regions 2019-2025
11.5 Asia Pacific Market Consumption Forecast
11.5.1 Asia Pacific Automotive Tubeless Tire Consumption Forecast by Regions 2019-2025
11.5.4 South Korea
11.6 Central & South America Market Consumption Forecast
11.6.1 Central & South America Automotive Tubeless Tire Consumption Forecast by Regions 2019-2025
11.7 Middle East and Africa Market Consumption Forecast
11.7.1 Middle East and Africa Automotive Tubeless Tire Consumption Forecast by Regions 2019-2025
11.7.2 GCC Countries
11.7.4 South Africa
12 Opportunities & Challenges, Threat and Affecting Factors
12.1 Market Opportunities
12.2 Market Challenges
12.3 Porter’s Five Forces Analysis
13 Key Findings in the Global Automotive Tubeless Tire Study
14.1 Research Methodology
14.1.1 Methodology/Research Approach
188.8.131.52 Research Programs/Design
184.108.40.206 Market Size Estimation
220.127.116.11 Market Breakdown and Data Triangulation
14.1.2 Data Source
18.104.22.168 Secondary Sources
22.214.171.124 Primary Sources
14.2 Author Details
1.1 Methodology/Research Approach
Our research methodology implements a mix of primary as well as secondary research. Our projects are initiated with secondary research, where we refer to a variety of sources including trade databases; government published documents, investor presentations, company annual reports, white papers, and paid databases.
1.1.1 Research Programs/Design
1.1.2 Market Size Estimation
Post the initial data mining stage, we gather our findings and analyse them, filtering out relevant insights. These are evaluated across teams and by our in-house SMEs. Along with data mining, we also initiate the primary research phase in which we interact with companies operating within the market space.
To evaluate the wholeness of the market, we interact (via email or telephone) with players who are responsible in adding value to the final product. Additionally, we interact with related industries to understand the external factors that can drive/hamper a market. We also make it a point to evaluate various economic parameters, which typically, have an impact on the purchasing choices of individuals as well as companies.
Post these stages, data are cross-verified with the companies that operate in a market space. It is important for us to study these companies in detail, to understand their existing performance and future strategies which will define the market in the coming years.
All this data is collected and evaluated by our analysts. Post the preparation of the report and data analysis, the findings are presented to our in-house experts who then eliminate discrepancies (if any).
- The key players in the industry and markets have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares splits, and breakdowns have been determined using secondary sources and verified through primary sources.
1.2 Data Source
1.2.1 Secondary Sources
In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg BusinessWeek, and Factiva, have been referred to, for identifying and collecting information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; whitepapers, certified publications, and articles by recognized authors; gold standard and silver standard websites; regulatory bodies; trade directories; and databases.
List of secondary sources include but are not limited to:
- Academic Journals
- Company Annual Report
126.96.36.199 Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia and trade journals. Technical data is also gathered from intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
1.2.2 Primary Sources
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, on face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation, but also provide critical insights into the market, current business scenario and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
- Market leading companies
- Raw material suppliers
- Product distributors
The key objectives of primary research are as follows:
- To validate our data in terms of accuracy and acceptability
- To gain an insight in to the current market and future expectations
1.2.3 Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development and pricing trends is fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, and industry experience and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of technology landscape, regulatory frameworks, economic outlook and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
- Market drivers and restrains, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2026
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
1.2.4 Data Triangulation
After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying several factors and trends from both the demand and supply sides.
1.2.5 Report Objectives
- To define, describe, and forecast the market by segmentations, and region
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market
- To analyze the sub-segments with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide the competitive landscape of the market
- To forecast the revenues of the market segments with respect to the major regions, such as North America, Europe, Asia Pacific (APAC), and RoW
- To profile the key players and comprehensively analyze their recent developments and positioning in the market
- To analyze competitive developments, such as mergers and acquisitions, new product developments, and Research and Development (R&D) activities, in the market
|Release date:||September 26, 2019|
|Last updated:||January 1, 1970|
|Category:||Machinery & Equipment|
|Number Of Pages:||100-150|