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Factors such as positive growth in automotive industry, rising sales of passenger vehicles and growing research and development in tire industry are positively impact on the growth of automotive tubeless tire market. The concept of “green tire” is now creating a benchmark for the industry’s competitiveness. Green tires provide numerous benefits over conventional tires including lower fuel consumption. Global automotive tubeless tire market is highly consolidated; fuel efficiency and safety concerns are the key factors influencing the sales of tubeless tires in developing countries. The tire industry is largely occupied by the organized sector; however the unorganized sector dominates the bicycle tire market. Big players of the market are setting up well equipped in-house R&D centers with emphasis on developing cutting-edge technology for new compounds, new designs for different segments and new reinforcement materials.
By Tire Type
• Radial Tubeless Tire
• Bias Tubeless Tire
By Vehicle Type
• Passenger Car
• Commercial Vehicles
By Distribution Channel
• Original Equipment manufacturer (OEMs)
• North America (U.S., Canada)
• Latin America (Mexico Authentic Manchester City Jerseys , Brazil and Rest of Latin America)
• Europe (Germany, Italy, Spain, France Yaya Toure Manchester City Jersey , The U.K., Netherlands, Sweden, Hungary Wilfried Bony Manchester City Jersey , Russia, Poland, Rest of Europe)
• Asia-Pacific (China, India Vincent Kompany Manchester City Jersey , Singapore, Japan, Australia, New Zealand Tosin Adarabioyo Manchester City Jersey , South Korea and Rest of Asia Pacific)
• Middle East and Africa (MEA)
• Rest of World
Market Size and Forecast
The global automotive tubeless tire market is expected to reach USD 192.8 billion by the end of 2024; the market is likely to expand at a CAGR of 6.2% over the forecast period i.e. 2016-2024. Intense competition in the market has forced the major giants such as Yokohama Rubber, Apollo Tires and others to acquire small manufacturers in order to expand their business in untapped regions. As per the data of OICA, more than 60 million of passenger cars were sold in 2016; china dominated the global market with a revenue share of 58.5% in 2016. OEMs segment expected to witness significant growth due to rise in production of vehicles and increasing number of OEMs manufacturing plants in developing countries.
• Goodyear Tire and Rubber Company
o Financial Analysis
o Business Strategy
o Product Portfolio
o SWOT Analysis
• Yokohama Tires
• Bridgestone Corporation
• Continental AG
• Pirelli Tire S.p.A
• Sumitomo Rubber Industries, Ltd
• Hankook Tire Co. Ltd.
• Toyo Tire & Rubber Co. Ltd.
• Apollo Tyres
• Kumho Tyre
• Alliance Tire Group
The global automotive tubeless tire market is segmented as follows:
• By Tire Type (Market Size Sergio Aguero Manchester City Jersey , Demand Analysis and Growth Analysis)
• By Vehicle Type (Market Size, Demand Analysis and Growth Analysis)
• By Distribution Channel Type (Market Size, Demand Analysis and Growth Analysis)
• North America (U.S.. Cheap Eagles Jerseys Cheap Dolphins Jerseys Cheap Chargers Jerseys Cheap Buccaneers Jerseys Cheap 49ers Jerseys Cheap Sweden Hockey Jerseys Cheap North America Hockey Jerseys Cheap Minnesota Wild Jerseys Cheap Dallas Stars Jerseys Wholesale Buffalo Sabres Jerseys