Advanced Tires Market

The global Advanced Tires market was valued at US$ 158.1 million in 2022 and is projected to reach US$ 303.4 million by 2029, at a CAGR of 9.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Advanced tires comprise technologies such as chip-embedded, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase the in-vehicle convenience by significantly. These technologies help increase the durability of the tire by real-time monitoring of tire pressure. Moreover, the tire pressure within normal range also improves the fuel efficiency of the vehicle. Hence, advanced tire technologies are expected to lower the maintenance cost of the vehicle resulting in an increasing demand for advanced tires across the globe.
Advanced Tires Market aims to provide a comprehensive presentation of the global market for Advanced Tires, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Advanced Tires. Advanced Tires Market contains market size and forecasts of Advanced Tires in global, including the following market information:

• Global Advanced Tires Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Advanced Tires Market Sales, 2018-2023, 2024-2029, (K Units)
• Global top five Advanced Tires companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Chip-embedded Tires Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Advanced Tires include Continental, Michelin, Bridgestone, Pirelli, Goodyear, Sumitomo, Nokian, Yokohama and Hankook Tire, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Advanced Tires manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Advanced Tires Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Advanced Tires Market Segment Percentages, by Type, 2022 (%)

• Chip-embedded Tires
• Multi-chamber Tires
• Self-inflating Tires
• All-in-one Tires

Global Advanced Tires Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Advanced Tires Market Segment Percentages, by Application, 2022 (%)

• Passenger Car
• Commercial Vehicle

Global Advanced Tires Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Advanced Tires Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Advanced Tires revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Advanced Tires revenues share in global market, 2022 (%)
Key companies Advanced Tires sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Advanced Tires sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Continental
• Michelin
• Bridgestone
• Pirelli
• Goodyear
• Sumitomo
• Nokian
• Yokohama
• Hankook Tire
• Ceat
• Toyo Tire & Rubber

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Advanced Tires, market overview.
• Chapter 2: Global Advanced Tires market size in revenue and volume.
• Chapter 3: Detailed analysis of Advanced Tires manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Advanced Tires in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Advanced Tires capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.

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