Lewes, DE -- (SBWire) -- 02/24/2017 --Report forecast the global automotive airless radial tire market to grow at a CAGR of 39.87% during the period 2017-2021.
The design of airless tires is quite apparent when the above introductory note is read. Since they do not require air pressure as a supporting element, airless tires have their other supporting structures made of polymers. These tires are available in different designs, and the type of design dictates the choice of filler material that acts as a buffering material.
The report covers the present scenario and the growth prospects of the global automotive airless radial tire market for 2017-2021. To calculate the market size, the report discusses the major drivers influencing the market growth and summarizes the challenges faced by vendors and the market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one driver in market is airless tires are expected to increase ride safety by preventing accidents due to blowouts and punctures. The primary danger that riders face from pneumatic tires is the chance of a flat (a puncture), or a blowout occurring at freeway speeds. A flat caused by any sharp object usually results in rapid deflation of the tire. On the other hand, blowouts occur due to many causes ranging from a puncture to exposure of the tires to high temperatures or pressure. TPMS usually prevent blowouts nowadays. In a case of a blowout, the tire pops and rapidly deflates, causing the driver to lose control of the vehicle. The chances of a collision in such situations are quite high.
Further, the report states that one challenge in market is lack of adjustability of airless tires like Tweel to be an issue. One of the fundamental problems associated with airless tires such as the Tweel is the very nature of the tire itself. The Tweel functions both as a tire and a wheel. This imposes the basic constraint of post purchase adjustment. Once manufactured and fitted to a vehicle, the Tweel cannot be adjusted or refitted to any other vehicle. Furthermore, if a car needs a different setting, a whole new set of Tweels would be needed. On the other hand, a regular pneumatic tire could be replaced if not a proper fit, or adjusted simply by changing the tire pressure to some extent. Tweels on the other hand would come with no such adjustment facility and thus be considered inferior during end use.
Global Automotive Airless Radial Tire Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global automotive airless radial tire market: Bridgestone, Michelin, and Hankook.
Other Prominent Vendors in the market are: MacNeillie, SciTech Industries, National Aeronautics and Space Administration.
Market driver
- Airless tires are expected to increase ride safety by preventing accidents due to blowouts and punctures.
- For a full, detailed list, view our report
Market challenge
- Heat build-up and dissipation issues in airless tires.
- For a full, detailed list, view our report
Market trend
- In-tire technology to revolutionize the airless tire market.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 101 pages and 42 Exhibits "Global Automotive Airless Radial Tire Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by vehicle type, Market segmentation by geography, Market drivers, Market challenges, Market trends, Vendor landscape, Key vendor analysis: Conventional tires OEMs, Key vendor analysis: Dedicated airless tire OEMs, Appendix.
For more information Visit at: http://www.marketresearchreports.com/technavio/global-automotive-airless-radial-tire-market-2017-2021
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