Airless Tires Market Size, Share, Revenue, Worth, Statistics, Segmentation, Outlook, Overview to 2029

Airless Tires Market Overview:

Automobile tyres designed to operate without air pressure are referred to as airless tyres. These tyre types have generated a lot of interest recently due to their numerous benefits and potential to replace the current pneumatic tyres. Airless tyres are used by bicycles, military vehicles, and other commercial and utility vehicles. The next generation of automobile tyres, these tyres are anticipated to be used in passenger vehicles as well.

According to MMR research, the airless tyre market was worth USD 48.70 million in 2021 and is expected to increase to USD 75.88 million by 2029. Companies such as Michelin, Bridgestone Corporation, Hankook Tire and Technology, Yokohama Rubber Co., Ltd., and Sumitomo Rubber Industries, Ltd. dominate the Non-pneumatic Tire (NPT) or flat-free tyre sector. Airless tyres are most commonly used in electric vehicles because they have less rolling resistance than conventional tyres. As a result, they can save more battery power. Although airless tyres can be used on a variety of vehicles, they are not recommended for high-performance vehicles.

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Market Scope:

Global Airless Tires Market research report includes crucial statistics and analytical insights to provide a comprehensive understanding of the market size, market share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, types, and application. The research also includes accessible opportunities in micro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and significant competitors' product offers.

The qualitative and quantitative data in the Airless Tires market report assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.

Segmentation:

vehicle class, the market for automotive airless tyres in the commercial vehicle segment is anticipated to expand rapidly over the course of the forecast period as a result of the rising demand for puncture-proof tyres. For instance, the Goodyear Tire & Rubber Company stated in 2022 that autonomous delivery robots used by businesses would create and test an airless tyre. These developments demonstrate the market for airless tyres' potential growth in commercial applications. Airless tyres were used on more military vehicles than 11,825,000 times in 2021. The product will be in high demand in the defence sector because these vehicles operate in difficult off-road conditions and require tyres that require little maintenance and repair.

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Key Players:

• Marathon Industries inc (US)
• Cooper Tire (U.S.)
• McLaren Industries (US)
• Amerityre Corporation (U.S.)
• Yokohama Tire Corporation (US)
• Evolution Wheel (Canada)
• Sunitomo Rubber Industries (Japan)
• Michelin (France)
• Michelin (France)
• Continental Corporation (Germany)
• Trelleborg AG (Sweden)
• GRI Tires (India)
• Tannus Ltd (Australia)
• SciTech Industries (Australia)
• Tannus Ltd (South Korea)

Regional Analysis:

Each regional Airless Tires market sector is thoroughly investigated to determine its current and future growth prospects. This aids players in bolstering their positions. To keep ahead of the competition, use market research to gain a better perspective and understanding of the market and target audience. The Airless Tires report covers the five regions and their country-wise distribution North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029.
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Airless Tires#
• Landscape- Leading key players and other prominent key players.

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