The Business Research Company’s Airless Tires Global Market Report 2023is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2023-2032. The Airless Tires Global Market Report 2023evaluates airless tires market size, growth rate, drivers, trends, and major companies.The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global airless tires market is expected to grow from $1.07 billion in 2022 to $1.15 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airless tires market is expected to reach $1.43 billion in 2027 at a CAGR of 5.7%.The increasing vehicle production is expected to propel the growth of the airless tires market going forward. Vehicle production refers to manufacturing automobiles and light trucks or utility vehicles (including light-duty vans, pick-up trucks, and minivans), which are mass-produced identical models offered for sale to the public. Airless tires provide better puncture resistance, less maintenance, and increased vehicle safety. By removing the possibility of blowouts or flats and ensuring dependable performance on the road. Airless tires provide drivers with peace of mind. For instance, in May 2023, according to a report published by the European Automobile Manufacturers Association, a Belgium-based standards group of the automobile industry in the European Union, the global production of motor vehicles increased by 5.7% in 2022 to 85.4 million from 2021. Therefore, increasing vehicle production is driving the growth of the airless tires market.
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The airless tires market segments in the report are:
1) By Type: Radial Tires, Bias Tires
2) By Material: Rubber, Plastic
3) By Vehicle: Military Vehicles, Commercial And Passenger Vehicles, All-Terrain Vehicles, Utility Vehicles, Two Wheelers
4) By Rim Size: Less Than 15 Inches, 15-20 Inches, More Than 20 Inches
5) By Sales Channel: OEM, Aftermarket
The table of contents in TBRC’s airless tires market report includes:
1. Executive Summary
2. Airless Tires Market Characteristics
3. Airless Tires Market Trends And Strategies
4. Airless Tires Market – Macro Economic Scenario
5. Impact Of High Inflation On Online Therapy Services Market
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32. Global Airless Tires Market Competitive Benchmarking
33. Global Airless Tires Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Airless Tires Market
35. Airless Tires Market Future Outlook and Potential Analysis
36. Appendix
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