Airless Tires Market to Reach USD 80.19 Million by 2030, Growing at 7.6% CAGR

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐨𝐫 𝐃𝐞𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐨𝐫 𝐰𝐡𝐚𝐭 𝐜𝐨𝐧𝐭𝐚𝐢𝐧𝐬 :

The Airless Tires Market is experiencing increased demand, driven by the need for puncture-resistant and maintenance-free tire solutions across various sectors, particularly automotive and military. The growth is attributed to the rising adoption of airless tires in off-road and heavy-duty applications where tire durability and longevity are critical. With advancements in tire materials and manufacturing technologies, airless tires are becoming more viable for mass production, appealing to both commercial and consumer markets. Additionally, environmental concerns and the push for sustainable transportation solutions are encouraging manufacturers to innovate airless tire designs, further boosting market growth.

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐀𝐆𝐑 𝐄𝐬𝐭𝐢𝐦𝐚𝐭𝐢𝐨𝐧:

The market for airless tires was estimated to be worth USD 54.40 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.6% to reach USD 80.19 million by 2030.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐛𝐲 𝐜𝐥𝐢𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/12119/

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

by Material

Rubber
Plastic

The market for airless tires is divided into two segments based on material: rubber and plastic. The market for airless tires was dominated by the rubber category. Tire technology has long been developed and improved by the rubber industry. Rubber's performance can be optimized for a variety of applications by manufacturers who are aware of how the material behaves under different circumstances. Rubber has a major edge in the early phases of airless tire development thanks to the established knowledge base. Rubber provides tires with remarkable properties. Because of its high tensile strength, it can withstand pressure without stretching or breaking. Additionally, it has outstanding flexibility, which makes it possible for the tire to absorb vibrations and bumps for a more comfortable ride.

by Product

Radial
Bias

The market for airless tires is divided into two segments based on product: Radial and Bias. With a market share of over 70% in the global airless tire market, radial tires dominated the market. Radial airless tires improve performance in a number of ways. Better handling, more stability, and fuel efficiency are all made possible by the radial structure, which also reduces rolling resistance. There is a greater selection of easily accessible radial airless tire options since manufacturers have a solid understanding of radial tire technology and its production methods. However, there are certain uses for bias airless tires. Improvements in materials and manufacturing techniques are anticipated to result in better bias airless tire performance as airless tire technology develops further.

by Tire

Size 35 inches

The global market for airless tires is divided into four segments based on tire size: less than 20 inches, 21 to 25 inches, 26 to 30 inches, 31 to 35 inches, and more than 35 inches. The 21-25 inch category is anticipated to maintain its leading position in the market due to current uses and airless tire technology. Early users of airless tire technology are frequently found in specialized applications such as low-speed electric vehicles, industrial vehicles, and construction equipment. With a market share of over 38%, the 21-25-inch sector maintained its lead due to its appropriateness for early adopter applications. Over the course of the forecast period, it is anticipated to maintain its dominant position.

by Vehicle Type

Military Vehicles
PS/LT (Passenger& Light truck)
All-Terrain Vehicles
Utility Vehicles
Others

The market for airless tires is divided by vehicle type, including trucks and buses, military vehicles, utility vehicles, PS/LT (passenger and light trucks), and others. Performance and dependability are given top priority in military vehicles under extreme conditions. Airless tires provide a tactical benefit for military operations due to their resilience to punctures and potential weight reduction. The purpose of the airless tires is to keep them from rupturing and flattening out during military drills. Moreover, the variables thought to propel the market expansion of military and all-terrain vehicles are the growing requirement for military vehicles to function on rugged terrains and the elevated vulnerability of soldiers to danger due to tire flat outs. Cars and light trucks are classified as passenger and light trucks. They are mostly utilized for light commercial and personal transportation.

by Sales Channel

OEM
Aftermarkets

The market for airless tires is divided into OEM and aftermarket segments based on sales channel.
With more than 90% of the market share, the OEM segment dominates the global airless tire industry. The growing consumer preference for airless tires due to their superior performance in the market is the cause responsible for the segment's rise. The key elements for the OEMs' category growth are the supply of safe driving conditions, increased strength, and superior service with less maintenance. In an effort to standardize product costs and draw in more customers, manufacturers are expanding production of airless tires. When the complete vehicle is constructed with airless tires, OEMs have the chance to design and include them from the ground up, which also optimizes performance and may result in weight savings.

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The Airless Tires Market is gaining traction as a revolutionary alternative to traditional pneumatic tires, offering enhanced durability, safety, and maintenance benefits. Unlike conventional tires that rely on air pressure, airless tires are designed to eliminate the risk of punctures and blowouts, making them ideal for various applications, including automotive, industrial, and military vehicles. The market is driven by increasing demand for reliable and cost-effective tire solutions, particularly in challenging environments where tire failure can lead to significant operational downtime. Moreover, advancements in materials technology and manufacturing processes are facilitating the production of lightweight and flexible airless tire designs, further enhancing their performance and applicability. As the focus on sustainability grows, airless tires are also being explored for their potential to reduce waste and improve fuel efficiency, positioning the market for substantial growth in the coming years.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐚𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐝𝐞𝐭𝐚𝐢𝐥𝐬 𝐛𝐲 𝐜𝐥𝐢𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/12119/

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐫 𝐃𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐰𝐡𝐢𝐜𝐡 𝐫𝐞𝐠𝐢𝐨𝐧𝐬?

The research includes in-depth examinations of the Middle East, South America, Europe, Africa, and Asia-Pacific region. Understanding the intricate dynamics of the Airless Tires Market is one aspect of regional analysis. A framework of product imports and exports by nations and regions, as well as market sizes and growth rates for Airless Tires, are included in the report. An overview of the most current developments in the field from a number of different countries and areas is given in this paper.

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞 𝐚𝐧𝐝 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:

The scope of the Airless Tires Market encompasses a wide range of applications, including passenger vehicles, commercial vehicles, industrial machinery, and military equipment. This market analysis aims to provide insights into the current trends, growth drivers, and challenges faced by airless tire manufacturers. The methodology involves a comprehensive review of industry reports, market research data, and expert interviews to assess market size, segmentation, and competitive landscape. Quantitative and qualitative analyses are employed to understand consumer preferences, technological advancements, and regulatory influences shaping the market. Furthermore, the study includes geographical analysis to identify key regions contributing to market growth and the potential for innovation in airless tire technologies. By leveraging various data sources, the research aims to present a holistic view of the market dynamics and future outlook for airless tires.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/request-sample/12119/

𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

1. Bridgestone Corporation
2. Michelin Group
3. Goodyear Tire and Rubber Company
4. Continental AG
5. Hankook Tire & Technology Group
6. Amerityre Corporation
7. Tannus Ltd
8. Toyo Tire & Rubber Co. Ltd
9. Sumitomo Rubber Industries Ltd
10. Pirelli
11. Amerityre Corporation
12. The Yokohama Tire Corporation

𝐓𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧, 𝐜𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞: https://www.maximizemarketresearch.com/market-report/airless-tires-market/12119/

𝐊𝐞𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐢𝐫𝐥𝐞𝐬𝐬 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• What is Airless Tires?
• What is the growth rate of the Airless Tires?
• Which are the factors expected to drive the Airless Tires Market growth?
• What are the different segments of the Airless Tires?
• What growth strategies are the players considering to increase their presence in Airless Tires?
• What are the upcoming industry applications and trends for the Airless Tires?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Airless Tires?
• What major challenges could the Airless Tires face in the future?
• What segments are covered in the Airless Tires?
• Who are the leading companies and what are their portfolios in Airless Tires?
• What segments are covered in the Airless Tires?
• Who are the key players in the Airless Tires Market?

𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

♦ Global Vibration Control System Market https://www.maximizemarketresearch.com/market-report/global-vibration-control-system-market/104086/

♦ Global Fingerprint Module Market https://www.maximizemarketresearch.com/market-report/global-fingerprint-module-market/20813/

♦ Global HD Maps Market https://www.maximizemarketresearch.com/market-report/global-hd-maps-market/82960/

♦ Global Hardware Load Balancer Devices Market https://www.maximizemarketresearch.com/market-report/global-hardware-load-balancer-devices-market/90869/

♦ global Oil and Gas Fittings Market https://www.maximizemarketresearch.com/market-report/global-oil-and-gas-fittings-market/69657/

♦ SemiAutonomous and Autonomous Vehicles Market https://www.maximizemarketresearch.com/market-report/semi-autonomous-autonomous-vehicles-market/1387/

♦ Global Process Simulation Software in Oil and Gas Market https://www.maximizemarketresearch.com/market-report/global-process-simulation-software-in-oil-and-gas-market/41671/

♦ Global Automotive Repair and Maintenance Services Market https://www.maximizemarketresearch.com/market-report/global-automotive-repair-and-maintenance-services-market/31444/

♦ Glboal Powertrain Market https://www.maximizemarketresearch.com/market-report/global-powertrain-market/33158/

♦ Global Lip Care Products Market https://www.maximizemarketresearch.com/market-report/global-lip-care-products-market/22720/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.