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Airless Tires Market Analysis, Scope, Primary Factors, and Future Projections

Airless Tires market was valued at USD 54.40 Mn in 2023 and is expected to reach USD 80.19 Mn by 2030, at a CAGR of 7.6 % during the forecast period.<br><br>To Get More:u00a0https://www.maximizemarketresearch.com/market-report/airless-tires-market/12119/

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Airless Tires Market Analysis, Scope, Primary Factors, and Future Projections

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  1. AIRLESS TIRES MARKET GLOBAL ANALYSIS REPORT 2023-2030 Published by: Shweta, Automotive and Transportation Specialist

  2. Market Size & Overview: The airless tires market was valued at approximately USD 54.40 million in 2023 and is projected to reach around USD 80.19 million by 2030, growing at a CAGR of 7.6% during the forecast period. Airless tires, also known as non-pneumatic or flat-free tires, are designed without air pressure, utilizing materials like polyurethane spokes to maintain their structure. These tires offer advantages such as puncture resistance and low maintenance, making them suitable for applications in small vehicles like lawnmowers and golf carts, as well as heavy equipment used in constructionand demolition.

  3. Market Growth & Opportunities The market growth is driven by the increasing demand for maintenance-free and durable tire solutions across various industries. The construction sector, in particular, benefits from airless tires due to their resilience in harsh environments. Additionally, advancements in materials and design are enhancing the performance and adoption of airless tires in mainstream automotive applications, presenting new opportunitiesfor market expansion. Sample Request Sample Request

  4. Market Segmentation ➢by Tire Size ➢by Material <20 inches Rubber 21-25 inches Plastic 26-30 inches 31- 35 inches ➢by Product >35 inches Radial Bias by Vehicle Type Military Vehicles ➢by Sales Channel PS/LT (Passenger& Light truck) OEM Others Aftermarkets

  5. Regional Analysis: • North America: The region is expected to dominate the airless tires market, attributed to the early adoption of advanced technologies and the presence of major industry players. • Europe: Stringent regulations regarding vehicle safety and efficiency are propelling the demand for innovative tire solutions, including airless tires, in this region. • Asia-Pacific (APAC): Rapid industrialization and growth in the automotive sector are contributing to the increased adoption of airless tires in APAC countries.

  6. Regional Analysis Regional Analysis 2025-2030 South America Middle East and Africa North America Asia Pacific Europe Customized Report Request Customized Report Request

  7. Merges and Acquisition ▪ Michelin's Acquisition of Lehigh Technologies: In 2017, Michelin acquired Lehigh Technologies, a specialty materials company that transforms end-of-life tires and industrial rubber into micronized rubber powders, enhancing Michelin's sustainable material portfolio. ▪ Bridgestone's Investment in Kodiak Robotics: In 2021, Bridgestone invested in Kodiak Robotics, a self-driving trucking company, to integrate its tire technology with autonomous vehicle systems, advancing airless tire applications in autonomous fleets. ▪ Goodyear's Acquisition of Cooper Tire & Rubber Company: In 2021, Goodyear completed the acquisition of Cooper Tire & Rubber Company, expanding its product portfolio and technological capabilities, potentially accelerating the development and commercialization of airless tire technologies.. Buy This Report Buy This Report

  8. Thank You Get In Touch with US: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe Pune, Maharashtra 411041, India. +91 9607365656 sales@maximizemarketresearch.com

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