Automotive Airless Tires Market
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Automotive Airless Tires Market Size and Growth
The Automotive Airless Tires market is witnessing significant growth due to rising demand for enhanced safety and sustainability. The market size is projected to reach approximately $2.5 billion by 2025, driven by advancements in material technology and increasing adoption in electric vehicles, promising a shift in traditional tire manufacturing.
Companies Covered
(Covid 19 Impact Covered)
◍ MICHELIN
◍ Hankook Tire Co. Ltd.
◍ Bridgestone Corporation
◍ Continental AG
◍ SciTech Industries
◍ Pirelli Tire Spa.
◍ The Goodyear Tire & Rubber Company
◍ Sumitomo Rubber Industries, Ltd.
◍ Yokohama Tire Corporation
The Automotive Airless Tires Market features key players like Michelin, Bridgestone, and Goodyear, focusing on innovative, maintenance-free solutions. These companies invest in R&D to enhance performance and sustainability, driving market growth. Sales revenues include:
- Michelin: $27 billion
- Bridgestone: $25 billion
- Goodyear: $12 billion
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Market Segmentation
By Application
Two-Wheelers ◍ Light Commercial Vehicles ◍ Heavy Commercial Vehicles
Passenger Cars
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By Product
Bias Tires
Radial Tires
Market Growth
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$ X Billion USD
