India advanced tires market size is
predicted to grow at a formidable pace during the forecast period. The market
for advanced tires is majorly growing due to the increasing focus towards the
reduction in the amount of carbon dioxide released in the atmosphere by the
tire manufacturing industry. In terms of type tire type, the market for
advanced tires in India is categorized into run-flat, airless and pneumatic.
The pneumatic category is predicted to account for majority of the market share
in the Indian market for advanced tires. In terms of material type, the Indian advanced
tire industry is categorized into natural rubber, synthetic rubber, steel, elastomers
and others. Owing to need for durable and lightweight raw materials, elastomers
are predicted to account for the largest share among all the other material
types in India advanced tire industry. In terms of geographical landscape of India,
the market for advanced tires in the Northern region of the country is
predicted to be the largest during the forecast period. Some of the major
players in India advanced tires market are Bridgestone Corporation, Continental
AG, Goodyear Tire & Rubber Company, Michelin, The Yokohama Rubber Company
Limited, CEAT Ltd., Pirelli & C. S.p.A., Sumitomo Corporation and Hankook
Tire.
Years
considered for this report:
Historical Year: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyse and forecast the market size of India Advanced Tires Market,
in terms of value and volume.
- To classify and forecast India Advanced Tires Market based on vehicle
type, technology, tire type, material type and regional distribution.
- To identify drivers and challenges for India Advanced Tires Market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India Advanced Tires Market.
- To conduct the pricing analysis for Advanced Tires Market in India.
- To identify and analyse the profile of leading players involved in
the manufacturing of India Advanced Tires Market.
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Some prominent players in India Advanced Tires market are Bridgestone Corporation, Continental AG,
Goodyear Tire & Rubber Company, Michelin, The Yokohama Rubber Company
Limited, CEAT Ltd., Pirelli & C. S.p.A., Sumitomo Corporation and Hankook
Tire.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which could
not be identified due to the limitations of secondary research. TechSci
Research analysed the service offerings, distribution channels and presence of all
major collaboration manufacturers across the globe.
TechSci
Research calculated the market size of India Advanced Tires Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Advanced Tires manufacturers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as collaboration
manufacturers and
partners, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, India Advanced Tires Market has been
segmented into following categories, in addition to the industry trends which
have also been detailed below:
- Market, By Vehicle Type:
- On-Highway Vehicle
- Light-Duty Vehicles
- Heavy-Duty Vehicle
- Off-Highway Vehicle Type
- Agricultural Tractors
- Construction & Mining Equipment
- Industrial Equipment
- Market, By Technology:
- On-Highway Vehicle Technology
- Chip-Embedded Tires
- Self-Inflating Tires
- Multi-Chambered Tires
- All-In-One Tires
- Off-Highway Vehicle Technology
- TPMS
- Chip-Embedded Tires
- Self-Inflating Tires
- Multi-Chambered Tires
- Market, By Tire Type:
- Run-Flat
- Airless
- Pneumatic
- Market, By Material Type:
- Natural Rubber
- Synthetic Rubber
- Steel
- Elastomers
- Others
- Market, by Region:
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in India Advanced Tires Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and
indirect sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at [email protected]
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]