Future of Global Airless Tires Market: Key Dynamics, Size & Share Analysis
The Airless Tires Market size was valued at USD 68.19 Million in 2024 and is projected to reach USD 101.88 Million in 2030. The market is also estimated to grow at a CAGR of around 6.88% during the forecast period, i.e., 2025-30. Airless tire technology has seen immense progress in terms of research & innovations in recent years. These tires have been in demand mainly due to the ever-growing automotive industry worldwide and the rapid shift toward sustainable & maintenance-free tires.
Top Market Challenges Impacting the Autonomous Global Airless Tires Market Growth
High Cost of Airless Tires: The cost of airless tires has always been a significant challenge for the expansion of the Global Airless Tires Market. Besides the purchase cost, the manufacturing cost of airless tires has created a steep plunge worldwide. In recent years, the introduction of autonomous vehicles has increased the demand for puncture-resistant airless tires. However, the high costs have been an obstacle to implementing them. As a result, the demand for airless tires so far has been limited to vehicles with high puncture chances, such as lawnmowers, golf carts, etc. Consequently, to overcome this cost challenge, airless tire manufacturers like Bridgestone Corporation are finding ways for their niche technology through rigorous research & development activities.
Understanding the Core Segments in the Global Airless Tires Market
By Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles, Off-Road Vehicles, Military Vehicles), By Material (Rubber, Plastic), By Demand Type (OEM, Replacement), By Tire Type Radial, Bias), By Rim Size (Up to 12”, 12.1” to 15”, 15.1” to 18”, 18.1” to 22”, Above 22”), By Sales Channel (Direct Sales, Distributor Channels, Online Platform) and Other
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Geographical Analysis of the Global Airless Tires Market
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Who Dominates the Autonomous Global Airless Tires Market Insights on Key Industry Players?
Companies are strengthening their presence in the Airless Tires market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.
- Michelin
- Bridgestone Corporation
- Goodyear Tire & Rubber Company
- Continental AG
- Amerityre Corporation
- Hankook Tire & Technology Co., Ltd.
- Sumitomo Rubber Industries, Ltd.
- Toyo Tire Corporation
- The Yokohama Rubber Co., Ltd.
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