What is the current Global Airless Tires Market size?

The Global Airless Tires Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029) Read More

Who are the key players in Global Airless Tires Market?

Michelin, The Goodyear Tire & Rubber Company, Continental AG, Bridgestone Corporation and Trelleborg AB are the major companies operating in the Global Airless Tires Market. Read More

What years does this Global Airless Tires Market cover?

The report covers the Global Airless Tires Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Global Airless Tires Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Airless Tires Market - Size, Growth & Forecast

Airless Tires Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by vehicle type (Passenger Vehicles, Commercial Vehicles, and Off-Road Vehicles), By Materials (Rubber and Plastic), and Geography (North America, Europe, Asia-Pacific, and the Rest of the World). The report offers market size and forecast for all the above segments in value (in USD Billion).

Airless Tires Industry Overview

The airless tire market is expected to be neither a fragmented nor consolidated one. As of now major players like Michelin and Bridgestone have a few of these tires in their portfolio. They are also in the process of developing further models, especially for passenger vehicles. Companies are also tying up with auto manufacturers in this market which is further expected to increase the competition. Small and medium players in this business have a scope in the after-market segment which might lead to a fragmented situation.

Sumitomo Rubber Industries, Ltd. (Sumitomo Rubber) unveiled its Smart Tyre Concept. This new technology development concept aims to achieve tires with "Even Greater Safety" and "Even Higher Environmental Performance" even as the business climate facing the automotive industry is undergoing massive changes owing to environmental issues and the advent of artificial intelligence and Internet of Things. Five development trends at the heart of Sumitomo Rubber's Smart Tyre Concept are Airless Tyres, Performance Sustaining Technology, Active Tread, Sensing Core for sensing road conditions, and Life Cycle Assessment (LCA) for enhancing the environmental performance of products throughout their life cycles.