This report studies the Run Flat Tires market.
A run-flat tire is a pneumatic vehicle tire that is designed to resist the effects of deflation when punctured, and to enable the vehicle to continue to be driven at reduced speeds and for limited distances.
The global Run-flat tires market is relatively concentrated as the manufacturing technology of Run-flat tires is relatively higher than some light tires. Some enterprises are well-known for the wonderful performance of their Run-flat tires and related services. The global leading players Michelin, Bridgestone and Goodyear are remarkable in the global Run-flat tires industry because of their market share and technology status of Run-flat tires.
The consumption volume of Run-flat tires is related to downstream industries and global economy. There are many manufactures in this field. The global consumption volume of run-flat tires will increase from 29.08 million units in 2017 to 36.86 million units in 2022, with an annual growth rate of 4.86%.
The run-fate tires market is mainly in Europe and USA due to its advanced technology and downstream demand Europe occupied 32.80% of the global market share, followed by USA and China.
According to this study, over the next five years the Run Flat Tires (Run-flat Tire) market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 5540 million by 2024, from US$ 4610 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Run Flat Tires (Run-flat Tire) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Run Flat Tires (Run-flat Tire) market by product type, application, key manufacturers and key regions and countries.
This study considers the Run Flat Tires (Run-flat Tire) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Self-Supporting
Support Ring System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Replacement
Original Equipment
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Bridgestone
Michelin
GoodYear
Continental
Pirelli
Hankook
Sumitomo Rubber
Yokohama
Giti
Kumho
Cheng Shin Rubber
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Run Flat Tires (Run-flat Tire) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Run Flat Tires (Run-flat Tire) market by identifying its various subsegments.
Focuses on the key global Run Flat Tires (Run-flat Tire) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Run Flat Tires (Run-flat Tire) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Run Flat Tires (Run-flat Tire) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Run Flat Tires (Run-flat Tire) . Industry analysis & Market Report on Run Flat Tires (Run-flat Tire) is a syndicated market report, published as Global Run Flat Tires (Run-flat Tire) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Run Flat Tires (Run-flat Tire) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.