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North America Keyless Vehicle Access Control Market research Higher Mortality Rates by 2014 – 2020
A keyless vehicle access control system is a fully automated system comprising of an electronic locking feature which secures access to the vehicle electronically and substitutes the conventional mechanical key. This system works on a number of low frequency transmitting antennae placed outside as well as inside the vehicle.
Currently, a significant number of cars are equipped with such a system. Remote keyless entry system (RKES)have been available since 1983.These can be integrated into the car key itself or with a separate small remote control. The growing demand for RKES has led to the evolution of the passive keyless entry system (PKES)which was first patented in the US in 1990. Consumer can unlock the door of the vehicle from a certain distance with the use of a passive keyless entry system. Both RKES and PKES work on the radio frequency identification principle.
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RKES and PKES are often combined with “keyless go”, “entry and go” systems, which further remove the need for the usual ignition lock. Additionally, this system can be used for several applications like car alarms, light control, front and rear seat settings, tire pressure monitoring systems, opening the tailgate, and storing multimedia files. It can also be paired with smartphones via bluetooth for several other applications.
The global keyless vehicle access control system market is expected to grow twofold from 2014 to 2020. The market is driven by three major factors: rise in automotive production across the globe, improving transportation and communication infrastructure, and increasing awareness about sophisticated features in vehicles. These factors together are expected to drive the growth of this market over the next six years.
Based on system type, the keyless vehicle-access market is segmented intoRKES and PKES. Currently, RKES market is in the mature stage of its product life cycle. However, the PKES market segment is still in the nascent stage and has more room for expansion.
Emerging economies such as Asia, Eastern Europe and LatinAmerica are expected to exhibit higher penetration rate in the passenger and commercial vehicle market. APAC market is expected to register a significant growth from 2014 to 2020, due to increasing automotive production and demand. In the coming years, BRIC nations, especially India and China, will witness the highest growth rate, whereas developed countries are expected to witness sluggish growth.
Currently, North America is one of the largest markets for keyless vehicle access control system. Though it is one of the largest markets across the globe, due to the stagnancy in the automotive production and demand, in future it is expected that North America will lose its lead in the global market. The APAC region is expected to gain a larger share in the global market due to increase in automotive production and demand.
In comparison to PKE systems, RKE systems recorded about 60% penetration rate of the total North American access control market. The rate is expected to fall due to increase inthe penetration of PKE systems.This is due to the realisation of revenue gains to automakers and benefits to consumers from PKE systems. Also, in North America the penetration rate of keyless vehicle access system is expected to dominate the passenger car sector.
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Key players in the keyless vehicle-access control systems market focus on research and development activities in order to produce advanced and cost-effective products. In 2013, TRW Automotive introduced PKES for ram trucks. Some of the major players in the keyless vehicle-access control systems market include Panasonic Corporation, TRW Automotive Holdings Corp., Alps Automotive, Inc., Calsonic Kansei Corporation, Delphi Automotive LLP, Lear Corporation, Mitsubishi Electric Group, Valeo S.A., Atmel Corporation, Continental Automotive GmbH, Denso Corporation, Marquardt Switches Inc., and Omron Automotive Electronics Co. Ltd.
Major challenges for original equipment manufacturers (OEMs) includes keeping check over price volatility in raw materials like semiconductors and other electronic components.
In future, technology advancement will most likely offer additional features like vehicle temperature information, long-range communication, car security and comforts added to keyless vehicle access systems. These developments are also expected to create impressive business opportunities for the automotive market at a global level
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Global Advanced Driver Assistance Systems (ADAS) Market 2021-2026 | Comprehensive Study COVID19 Impact, Analysis and Forecast with Top Performing Regions, Product Types and Growth Rate
Facto Market Insights recently published market research report on the Global Advanced Driver Assistance Systems (ADAS) market (2021-2026) to its collection of market research reports. The research report covers detailed analysis of market sizing and forecasting of the market covering the market drivers, challenges, opportunity analysis, and trends, along with various key insights in the Global market. The research report also includes the analysis of regional manufacturers and new market players, covering all the information suitable for the clients to make strategic business decisions in the industry.
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The report covers PESTLE analysis and porter’s five forces analysis which demonstrates the five forces including buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Global Advanced Driver Assistance Systems (ADAS) market. In the study, the framework of porter's five forces analysis explains the method for analyzing the competition of the business covering the industry structure & the level of competition in the market. Along with this, the research report also covers the facts & figures related to the macroeconomic trends that are anticipated to impact the growth of the overall market.
In addition to this, the report also covers the section of competitive landscape of the Global market, which includes the market share & positioning of all the leading players in the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new product development. A section of recent news & development has been added to the report which covers the latest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.
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The Following are the Key Features of Global Advanced Driver Assistance Systems (ADAS) Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2021-2028
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Advanced Driver Assistance Systems (ADAS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Market Segmentation:
The research offers a comprehensive analysis of Global Advanced Driver Assistance Systems (ADAS) market with respect to following sub-markets:
By System Type
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others
By Sensor Type
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks
Regional Insights:
The report analyses the market by geographies i.e. Global, Global, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
Competitive Analysis
The central members of the market are recorded in this segment of the examination. It assists with understanding the strategies and unions that players focus on battling market competition. A fundamental infinitesimal glance at the market is given in the essential investigation. The significant players working in the Global Advanced Driver Assistance Systems (ADAS) market are:
Aisin Seiki Co., Ltd..
• Allison Transmission Inc
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Advanced Driver Assistance Systems (ADAS) Market To Show Startling Growth During Forecast Period 2020–2026
The Global Advanced Driver Assistance Systems (ADAS) Market 2020-2026 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The advanced driver assistance systems (ADAS) market report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. In addition, it magnifies the opportunity for decision-making and helps create an efficient counter-strategy to achieve a competitive advantage. The report provides up-to-date review of the current global market scenario, the latest developments and drivers, and the overall market environment is given in the study.
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The Following are the Key Features of Global Advanced Driver Assistance Systems (ADAS) Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2026
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Advanced Driver Assistance Systems (ADAS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global Advanced Driver Assistance Systems (ADAS) Market Segmentation Analysis:
this segmentation includes the segments which hold the major contribution into the market and also provides detailed growth parameters about the market.
By System Type
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others
By Sensor Type
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks
Advanced Driver Assistance Systems (ADAS) Market, By Region:
The geographic segmentation of the studied market covers various regions such as North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
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Competitive Landscape
Autoliv Inc.
Continental AG
DENSO Corporation
Magna International Inc.
ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
Valeo
NXP Semiconductors
Panasonic Corporation
Renesas Electronics Corporation
Texas Instruments
Delphi Automotive Company
Hyundai Mobis
Takata Corporation
ZF Friedrichshafen
Aisin Seiki Co., Ltd.
Mobileye N.V
Harman International Industries
NVIDIA Corporation
Hitachi Ltd.
Stonkam Co., Ltd.
Report Scope:
The report defines market characteristics and explains the market.
The market size section provides the market size that covers historical growth of the studied market and forecast to 2026.
Evaluation of regional and country breakdowns that provides an overview of the market in each region, the market size, and compares their historical and projected growth.
A summary of the competitive dynamics of the market, market shares, and an overview of the leading companies. Key financial deals are listed that have dominated the market in recent years.
Analysis of trends and strategies along with the suggestions for the growth of the industry.
Reasons to purchase the report:
Identify possible investment areas based on a comprehensive trend analysis of the global The advanced driver assistance systems (ADAS) Market over the next few years.
Gain in-depth knowledge of the underlying factors that drive demand for The advanced driver assistance systems (ADAS) and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
Identify the major channels that drive the demand for The advanced driver assistance systems (ADAS), offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global The advanced driver assistance systems (ADAS) market.
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China Tire Monitoring System Revenue - Top-Companies, Future-Growth, Regional Analysis business-Opportunities
Tire Monitoring System Market: Introduction
Rise in awareness about safety has fueled the demand for advanced monitoring devices that collect information related to working conditions of automotive components and transmit it to the control unit or the driver of vehicle to perform corrective action
The tire monitoring system consists of a complex network of sensors that collect information related to tires, such as the air pressure, temperature, which proves vital to enhance fuel efficiency, on-road traction, braking, and many other such features.
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Key Drivers of Tire Monitoring System Market
The number of traffic accidents has increased across the globe. National Highway Traffic Safety Administration (NHTSA) of the U.S. stated that in first nine months of 2020, traffic fatalities rose by 4.6% as compared to the previous year. Approximately 40% of all sudden tire breakdowns are due to underinflated tires. Moreover, automotive emissions are rising rapidly, which has led to climatic changes and hence, attracted attention of regulatory bodies around the world. Transportation regulatory agencies have mandated tire monitoring systems in vehicles to overcome these challenges associated with pollution and vehicle safety, which assist in enhancing vehicle safety and fuel efficiency. For instance, South Korean Ministry of Land, Transport and Maritime Affairs, United States Congress, Indian Ministry of Road Transport and Highways and numerous other such government entities have mandated implementation of tire pressure monitoring systems for passenger cars. Thus, rising awareness about safety and pollution is fueling the global tire monitoring system market.
Increase in per capita income, lower interest rates on automotive loans, and other such monetary benefits have boosted the sale of vehicles. Demand for premium vehicles is rising. Major automakers such as Daimler AG and Hyundai Motor Corporation have reported a rise in sale of premium vehicles across developing and developed economies including the U.S., India, and China. These vehicles are equipped with a networks of sensors, actuators, and control units that control and monitor the operation of various automobile sub-systems. Tire monitoring system is one such vehicle analytics device that is increasingly being integrated in vehicles. Moreover, commercial vehicles such as trucks, trailers, and buses are being equipped with tire monitoring systems to reduce the down time of these vehicles. For instance, in June 2020, Continental AG and Daimler AG developed a tire pressure monitoring system for trucks and trailers. This widespread application and rise in sale of premium vehicles have boosted the global tire monitoring system market.
Challenges in Tire Monitoring System Market
The location of tire monitoring systems exposes them to rough operational conditions causing malfunction of these sensors, which leads to transfer of incorrect information to the control unit. Furthermore, the purchase and maintenance cost of these systems fuels the price of vehicle. Thus, these factors are restraining the tire monitoring system market across the globe.
Impact of COVID-19 Pandemic on Tire Monitoring System Market
The COVID-19 virus has caused a majority of businesses across the globe to crumble owing to the forced shutdown of production and manufacturing activities. This has led the global economy to contract to its lowest growth rate. This disruption has hampered the global tire monitoring system market.
North America and Europe to Hold Significant Share of Tire Monitoring System Market
Governments in North America and Europe have enacted stringent regulations related to vehicle safety and have mandated tire monitoring systems in all vehicles sold across these regions. These stringent government regulations are propelling the share held by North America and Europe in the global tire monitoring system market.
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Key Players Operating in Tire Monitoring System Market
The global tire monitoring system market is highly concentrated due to the presence of top manufacturers. A few of the key players operating in the tire monitoring system market are:
Aperia Technologies, Inc.
BorgWarner Inc.
Bridgestone Corporation
Continental AG
DENSO
Hamaton Ltd
Hankook Tire & Technology Co., Ltd.
Hitachi Automotive Ltd
Huf Hülsbeck & Fürst GmbH & Co. KG
NXP Semiconductors
Pacific Industrial Co., Ltd.
Robert Bosch GmbH
Sensata Technologies, Inc.
The Goodyear Tire & Rubber Company
Valeo
WABCO
ZF Friedrichshafen AG
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Automobile Safety System Market – Global Industry Analysis and Forecast (2019-2026)
Automobile Safety System Market is anticipated to reach USD XX Billion by 2026 from the estimated USD 82.92 Billion in 2018 at a CAGR of XX % during the period of forecast. (Detailed analysis of the market CAGR is provided in the report).
Automobile Safety System Market
The segmentation of the automobile safety system market is done based on the technology used (Active Safety System and Passive Safety System), market volume, geographical area, on-highway vehicle, off-highway vehicle, an electric vehicle, and in terms of its value offered. Safety is one of the major concerns in the mind of the driver and the passenger while traveling. A rising number of fatalities in car accidents, increasing public awareness, and stringent government legislation has led to higher demand for passive and active safety systems in vehicles.
Automotive safety systems are equipment that helps in avoiding an accident, and in the event of an accident, saves passengers and drivers from getting injured. The passive safety system comes into play during or after the accidents to minimize the damage from the collision whereas active safety systems prevent the risk of collision or accidents in the first place. Examples of these are Electronic Brake Force Distribution (EBD), Adaptive Cruise Control (ACC), and Driver Monitoring Systems (DMS).
Blind Spot Monitoring System (BDS). The research methodology used in the report involves various secondary sources such as Canadian Automobile Association (CAA), Korea Automobile Manufacturers Association (KAMA). Society of Indian Automobile Manufacturers (SIAM), Japan Automobile Manufacturers Association (JAMA), China Association of Automobile Manufacturers (CAAM), European Automobile Manufacturers Association (EAMA), and Environmental Protection Agency (EPA), The global automotive active safety system market is segmented geographically in seven key regions which are North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Middle East and Africa and Japan.
Key Highlights:
• The detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
Research Methodology
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about Automobile Safety System Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of Automobile Safety System Market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the global automotive films market globally. Global automotive films marketplace is growing with the presence of major companies holding a large market share.
Key players analyzed in the Automobile Safety System Market:
• Bosch Gmbh
• Delphi Automotive PLC
• Autoliv Inc
• Denso Corp
• Takata Corp
• ZF TRW
• Continental AG
• Johnson Electric Holding
• Magna International Inc,
• Mobileye
• PSA Puegeot Citroen
• Borg Warner
• Ficosa International
• Humanetics
Target Audience:
• Automobile companies
• Vendors of automotive safety systems
• Industry associations and automotive experts
• Automotive safety feature corporations
• Automobile ancillary companies
• Autonomous vehicle software makers
• Automotive technology providers
• Tier 1, Tier 2, and Tier 3 suppliers
The objective of the report is to present comprehensive analysis of Automobile Safety System market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Automobile Safety System market dynamics, structure by analyzing the market segments, and project the Automobile Safety System market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Automobile Safety System market make the report investor’s guide.
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The scope of the Report:
Automobile Safety System Market, By Technology
Active safety system
a. Antilock Braking System (ABS)
b. Electronic Stability Control (ESC)
c. Driver Monitoring System (DMS)
d. Lane departure warning system (LDWS)
e. Tire-pressure monitoring system (TPMS)
f. Seat Belt
g. Forward collision warning (FCW)
h. Automatic emergency braking (AEB)
Passive safety system
a. Active hood lifters
b. Airbag
c. Pedestrian
d. Whiplash Protection
e. Seatbelt
Automobile Safety System Market, By On-Highway Vehicle
• Passenger Cars (PC)
• Light Commercial Vehicle (LCV)
• Lorries
• Trucks
• Buses
Automobile Safety System Market, By Off-Highway Vehicle
• Agriculture Vehicle
• Construction Vehicle
Automobile Safety System Market, By Electric Vehicle
• Hybrid Electric Vehicle (HEV)
• Battery Electric Vehicle (BEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
By Offering
• Hardware
• Software
Automobile Safety System Market, by Geography
North-America
Europe
Latin America
Middle East Asia Pacific
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Automatic tire inflation systems (ATIS) work to overcome one or more of the causes of tire underinflation by monitoring tire inflation pressure relative to a pre-set target and re-inflating tires whenever the detected pressure is below the target level. The tire inflation system not only increases vehicle mobility and reliability when moving, it also helps to ensure that a need for vehicle recoveries is avoided as far as possible. It also prevents unnecessary damage to fields. Moreover, simple adjustments to correct the air pressure ultimately reduce tire wear. Scope of the Report: This report focuses on the Automatic Tire Inflation System in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Market Segment by Manufacturers, this report covers PSI Dana Limited Hendrickson USA Nexter Group STEMCO (EnPro Industries) Tire Pressure Control International Aperia Technologies Pressure Guard (Servitech Industries) PTG Reifendruckregelsysteme GmbH (ti.systems GmbH) Téléflow Market Segment by Regions, regional analysis covers North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Market Segment by Type, covers Tractors Trucks Trailers Others Market Segment by Applications, can be divided into Military Commercial Agriculture There are 15 Chapters to deeply display the global Automatic Tire Inflation System market. Chapter 1, to describe Automatic Tire Inflation System Introduction, product scope, market overview, market opportunities, market risk, market driving force; Chapter 2, to analyze the top manufacturers of Automatic Tire Inflation System, with sales, revenue, and price of Automatic Tire Inflation System, in 2016 and 2017; Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017; Chapter 4, to show the global market by regions, with sales, revenue and market share of Automatic Tire Inflation System, for each region, from 2012 to 2017; Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions; Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017; Chapter 12, Automatic Tire Inflation System market forecast, by regions, type and application, with sales and revenue, from 2017 to 2022; Chapter 13, 14 and 15, to describe Automatic Tire Inflation System sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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Tubeless Tire Market to reach $212.5 billion by 2016 - 2024
The Global Tubeless Tire market was valued at $130.16 billion in 2016, and is projected to reach $212.5 billion by 2024, having a CAGR of 6.4% during the forecast period of 2017 to 2024.
Tubeless tires run without a separate inner tube. Unlike pneumatic tires, tubeless tires have persistent ribs configured into the bead of the tire. In this way, the outer casing makes an air tight seal with the rim of the wheel, and air is held in the assembly of casing and rim. Tubeless tires are made up of tread, spiral layers and steel belt. Tread gives the frame support of the vehicle and enhanced grip, causing better transfer of braking stress to road. The tubeless tire market is expected to witness an impressive growth during the forecast period, as a result of its various advantages such as their high fuel efficiency, less balance weight requirement, easy repairing and safer drives as compared to pneumatic tires. In addition to this, these tires are good bump absorbents and offer better heat dissipation which increases the overall life and cost effectiveness of the tire
Market Determinants
A hiking demand for automobiles is witnessed all around the globe. This has rapidly increased the growth of vehicle production and sales, resulting to an increased requirement of tubeless tires. Moreover, rising awareness regarding road safety and stringent government regulations regarding vehicular emission and fuel economy is supposed to push the tubeless tire market growth. For example, the Transportation Recall Enhancement Accountability Documentation (TREAD) Act of 2000 required NHTSA to develop regulations for installing a tire pressure monitoring system in new passenger cars and light trucks. However, fluctuating prices of raw material and inclination of trend towards airless tires might restrain the market growth. Regardless of all these restraints, technological improvisations and innovations in the automotive tire industry and rise in aftermarket as a result of increased lifespan, will bring future growth opportunities to the tubeless tire market. Enhancing the fuel economy by new technical improvements regarding tire- pressure in tubeless tires, is a highly prioritized concern in the current scenario as a result of rapidly exhausting fuel resources. According to the U.S. Department of Energy, out of 130 billion gallons of fuel used in passenger cars and light trucks in 2005, about 1.2 billion gallons were wasted as a result of driving on underinflated tires.
MARKET DETERMINANTS – IMPACT ANALYSIS
market determinats impact analysis
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Segment Analysis
The global tubeless tire market is segmented on the basis of type, vehicle type, distributed channel and geography. By type, the global market is segmented into radial and bias. On the basis of vehicle type the market is defined as two-wheeler, passenger car and commercial vehicle. By distributed channel, the market is categorized as OEM and aftermarket. Geographically, the market is bifurcated as North America, Europe, Asia-pacific and Rest of World.
ASIA PACIFIC TUBELESS TIRE MARKET BY TYPE
asia pacific tubeless tire market by type
Asia Pacific held the largest share of tubeless tire market in 2016 accounting to high vehicle production in the region. Moreover, the passenger car segment will dominate the overall market throughout the forecast period of 2017-2024.
Some major market players are Michelin, Hankook tire co., Ltd., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Bridgestone Group, Pirelli & C. S.p.A. (China National Chemical Corporation), Sumitomo Rubber Industries, Ltd., The Goodyear Tire & Rubber Company , Toyo Tire & Rubber Co., Ltd. and Yokohama Rubber Company
GLOBAL TUBELESS TIRE MARKET SEGMENTATION
By Type
• Radial
• Bias
By Vehicle type
• Two-wheeler
• Passenger car
• Commercial vehicle
Distribution Channel
• OEM
• Aftermarket
By Region
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• U.K.
• Rest of Europe
Asia-Pacific
• China
• Japan
• Australia
• India
• Rest of APAC
Rest of World
• Africa
• Middle East
• Latin America
KEY MARKET PLAYERS
Michelin
• Hankook tire co., ltd
• Cheng Shin Rubber Ind. Co. Ltd
• CONTINENTAL Corporation
• Bridgestone Group
• Pirelli & C. S.p.A. (China National Chemical Corporation)
• Sumitomo Rubber Industries, Ltd
• The Goodyear Tire & Rubber Company
• Toyo Tire & Rubber Co., Ltd.
• Yokohama Rubber Company
Request for Customized Report @https://www.esticastresearch.com/market-reports/tubeless-tire-market/request-customise-form
About Esticast Research & Consulting :
Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.
Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.
Contact
Esticast Research & Consulting
410 State Route 57 East,#206, Washington, NJ 07882
Tel: 1-908-379-7709
Fax: 1-908-379-7709
Email: [email protected]
Web: https://www.esticastresearch.com/
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Advanced Driver Assistance Systems (ADAS) Market Report Emphasizes Various Growth Aspects and Forecast 2020-2026
Facto Market Insights published a title on “Global Advanced Driver Assistance Systems (ADAS) Market – 2020-2026”, to its collection. The study on the global advanced driver assistance systems (ADAS) market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients to make strategic business decisions. The report provides a key overview of the market status of advanced driver assistance systems (ADAS) manufacturers with market size, share, growth, market expansion, and technological innovations, as well as the industry cost structure.
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Additionally, the study covers the PESTLE analysis and porter’s five forces analysis which demonstrates the five forces including buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the global advanced driver assistance systems (ADAS) market. The market research report represents the framework of porter's five forces analysis explains the method for examining the competition of the business covering the structure of industry & the level of competition in the market.
Following are the Main Features of Global Advanced Driver Assistance Systems (ADAS) Market Report:
- Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
- Growth Drivers and Barriers, Market Trends & Market Opportunities
- Market Segments by Geographies and Countries
- Porter’s Five Forces Analysis & Trade Analysis
- Market Segment Trend and Forecast
- Market Forecast Analysis for 2020-2026
- Key Market Driving Factors
- Market Analysis and Recommendations
- Price Analysis
- Advanced Driver Assistance Systems (ADAS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Impact of COVID-19 Disease on Global Advanced Driver Assistance Systems (ADAS) Market:
This research report on global advanced driver assistance systems (ADAS) market explains the impact of coronavirus disease (COVID-19), covering the following points:
- How the coronavirus pandemic is going to impact the overall advanced driver assistance systems (ADAS) market in the upcoming years.
- Identifying the issues & disruptions caused by COVID-19 on the basis of region & countries on the market
- What strategies are being adopted by the manufacturers to survive such pandemic in the near future.
Click to view the full report TOC, figure and tables @ https://www.factomarketinsights.com/report/363/advanced-driver-assistance-systems-market-amr
Global Advanced Driver Assistance Systems (ADAS) Market Segmentation Analysis:
By System Type
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others
By Sensor Type
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks
By Region:
The geographies are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Latin America (Brazil, Mexico, Colombia, Argentina, Peru, Chile, Cuba, and Rest of Latin America)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Netherlands, Luxembourg, Poland, Romania, Czech Republic, Portugal, Switzerland, Denmark, Finland, Sweden, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, Philippines, Thailand, Malaysia, Cambodia, Hong Kong, Singapore, Laos, and Rest of Asia Pacific)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
The market research report covers the section of competitive landscape in the global Advanced Driver Assistance Systems (ADAS) Market, including profiles of various major & niche key market players:
The key players analyzed in the Advanced driver assistance systems (ADAS) market include Autoliv Inc., Continental AG, DENSO Corporation, Magna International Inc., ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH), Valeo, NXP Semiconductors, Panasonic Corporation, Renesas Electronics Corporation, Texas Instruments, Delphi Automotive Company, Hyundai Mobis, Takata Corporation, ZF Friedrichshafen, Aisin Seiki Co., Ltd., Mobileye N.V, Harman International Industries, NVIDIA Corporation, Hitachi Ltd., Stonkam Co., Ltd., and others.
Reasons to purchase the report:
- Identify possible investment areas based on a comprehensive trend analysis of the global advanced driver assistance systems (ADAS) market over the next few years.
- Gain in-depth knowledge of the underlying factors that drive demand for advanced driver assistance systems (ADAS) and recognize the opportunities provided by them.
- Identify the major channels that drive the demand for advanced driver assistance systems (ADAS) market, offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
- Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
- Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global advanced driver assistance systems (ADAS) market.
If you have any query regarding the report, ask our experts @ https://www.factomarketinsights.com/enquiry/363
About Us:
Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.
Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
Contact Us:
Facto Market Insights
90 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email:[email protected]
Website: www.factomarketinsights.com
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Advanced Driver Assistance Systems (ADAS) Market Inclinations Exhibit Growing Demand during the Period until 2026
The Global Advanced Driver Assistance Systems (ADAS) Market 2020 report delivers a fundamental overview of the industry, including definitions, segmentation, applications and industry chain structure analysis. The advanced driver assistance systems (ADAS) market report provides competitive landscape analysis, major trends, and key regional development status. It also offers a competitive framework for major revenue-contributing firms covering company market shares with comprehensive profiles. The report provides a key overview of the market status of advanced driver assistance systems (ADAS) market manufacturers with market size, share, growth, market expansion, and technological innovations, as well as the industry cost structure.
It provides the impact and recovery of Covid-19 pandemic on the advanced driver assistance systems (ADAS) market. Relevant statistical data is also provided in the report to recognize the challenges caused by the outbreak of Covid-19 and strategies to cope up with the current scenario.
CLICK HERE FOR FREE SAMPLE REPORT: https://www.factomarketinsights.com/sample/363
The Following are the Key Features of Advanced Driver Assistance Systems (ADAS) Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2026
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Advanced Driver Assistance Systems (ADAS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Market Segmentation:
The segmentation of advanced driver assistance systems (ADAS) market is as follows By Product, By Application, By Indication, By End User. Both developed and developing regions are extensively studied in the report.
By System Type
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others
By Sensor Type
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks
By Geography
The regional segmentation of the market covers following regions: North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
Fundamental Coverage of the Advanced Driver Assistance Systems (ADAS) Market:
Covid-19 impact and strategies to recover.
Valuable information about the advanced driver assistance systems (ADAS) market
Identification of growth in various segments and sub segments of the studied market.
Strategic ideas for investment opportunities
Key statistical data along with products, price analysis, applications, levels of production and consumption, supply and demand.
Emerging developments in the existing market segment and research to help investors devise new business strategies
Accelerates decision-making by drivers and constraints
Competitive Analysis
The key players of the market are listed in this section of the study. It helps to understand the tactics and alliances that players concentrate on fighting market rivalry. An essential microscopic look at the market is given in the detailed study. The major players operating in the advanced driver assistance systems (ADAS) market are Autoliv Inc., Continental AG, DENSO Corporation, Magna International Inc., ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH), Valeo, NXP Semiconductors, Panasonic Corporation, Renesas Electronics Corporation, Texas Instruments, Delphi Automotive Company, Hyundai Mobis, Takata Corporation, ZF Friedrichshafen, Aisin Seiki Co., Ltd., Mobileye N.V, Harman International Industries, NVIDIA Corporation, Hitachi Ltd., Stonkam Co., Ltd., and others.
CLICK HERE FOR INQUIRY BEFORE BUYING THIS REPORT: https://www.factomarketinsights.com/enquiry/363
About Us:
Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on industries, companies, products, and trends.
Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (up to 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
Contact Us:
Facto Market Insights
90 State Street, Albany,
New York, USA 12207
+1 (518) 250-1215
Email:[email protected]
Website: www.factomarketinsights.com
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Advanced Driver Assistance Systems (ADAS) Market To Show Startling Growth During Forecast Period 2020–2026
The Global Advanced Driver Assistance Systems (ADAS) Market 2020-2026 Report provides an in-depth analysis on the studied market that helps to look at the future requirement as well as prediction. The advanced driver assistance systems (ADAS) market report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. In addition, it magnifies the opportunity for decision-making and helps create an efficient counter-strategy to achieve a competitive advantage. The report provides up-to-date review of the current global market scenario, the latest developments and drivers, and the overall market environment is given in the study.
CLICK HERE FOR FREE SAMPLE REPORT: https://www.factomarketinsights.com/sample/363
The Following are the Key Features of Global Advanced Driver Assistance Systems (ADAS) Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2026
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
Advanced Driver Assistance Systems (ADAS) Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global Advanced Driver Assistance Systems (ADAS) Market Segmentation Analysis:
this segmentation includes the segments which hold the major contribution into the market and also provides detailed growth parameters about the market.
By System Type
o Tire Pressure Monitoring System (TPMS)
o Drowsiness Monitor System
o Intelligent Parking Assist System (IPAS)
o Adaptive Cruise Control System
o Blind Spot Object Detection System
o Lane Departure Warning System
o Adaptive Front-lighting System
o Others
By Sensor Type
o Image Sensor
o Lidar Sensor
o Ultrasonic Sensor
o Infrared (IR) Sensor
o Radar Sensor
o Laser
By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Buses
o Trucks
Advanced Driver Assistance Systems (ADAS) Market, By Region:
The geographic segmentation of the studied market covers various regions such as North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East & Africa (GCC, North Africa, South Africa, and Rest of Middle East & Africa).
CLICK TO VIEW THE FULL REPORT WITH TOC: https://www.factomarketinsights.com/report/363/advanced-driver-assistance-systems-market-amr
Competitive Landscape
Autoliv Inc.
Continental AG
DENSO Corporation
Magna International Inc.
ROBERT BOSCH STIFTUNG GMBH (ROBERT BOSCH GMBH)
Valeo
NXP Semiconductors
Panasonic Corporation
Renesas Electronics Corporation
Texas Instruments
Delphi Automotive Company
Hyundai Mobis
Takata Corporation
ZF Friedrichshafen
Aisin Seiki Co., Ltd.
Mobileye N.V
Harman International Industries
NVIDIA Corporation
Hitachi Ltd.
Stonkam Co., Ltd.
Report Scope:
The report defines market characteristics and explains the market.
The market size section provides the market size that covers historical growth of the studied market and forecast to 2026.
Evaluation of regional and country breakdowns that provides an overview of the market in each region, the market size, and compares their historical and projected growth.
A summary of the competitive dynamics of the market, market shares, and an overview of the leading companies. Key financial deals are listed that have dominated the market in recent years.
Analysis of trends and strategies along with the suggestions for the growth of the industry.
Reasons to purchase the report:
Identify possible investment areas based on a comprehensive trend analysis of the global The advanced driver assistance systems (ADAS) Market over the next few years.
Gain in-depth knowledge of the underlying factors that drive demand for The advanced driver assistance systems (ADAS) and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and the latest technological advances among others.
Identify the major channels that drive the demand for The advanced driver assistance systems (ADAS), offering a strong image of potential prospects that can be tapped, resulting in growth in revenue.
Channelize funds by concentrating on the ongoing initiatives pursued by the numerous countries in the global The advanced driver assistance systems (ADAS) market.
CLICK HERE FOR INQUIRY BEFORE BUYING THIS REPORT: https://www.factomarketinsights.com/enquiry/363
About Us:
Facto Market Insights is one of the leading providers of market intelligence products and services. We offer reports on over 10+ industries and update our collection daily which helps our clients to access database of expert market insights on global industries, companies, products, and trends.
Our in-house research experts have a wealth of knowledge in their respective domains. With Facto Market Research, you always have the choice of getting customized report free of cost (upto 10%). Our support team will help you customize the report and scope as per your business needs. This ensures that you are making the right purchase decision.
Our clients list includes various Fortune 500 companies and leading advisory firms.
Contact Us:
Facto Market Insights
90 State Street, Albany,
New York, USA 12207
+1 (518) 300-1215
Email:[email protected]
Website: www.factomarketinsights.com
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Tubeless Tire Market to reach $212.5 billion by 2016 - 2024
The Global Tubeless Tire market was valued at $130.16 billion in 2016, and is projected to reach $212.5 billion by 2024, having a CAGR of 6.4% during the forecast period of 2017 to 2024.
Tubeless tires run without a separate inner tube. Unlike pneumatic tires, tubeless tires have persistent ribs configured into the bead of the tire. In this way, the outer casing makes an air tight seal with the rim of the wheel, and air is held in the assembly of casing and rim. Tubeless tires are made up of tread, spiral layers and steel belt. Tread gives the frame support of the vehicle and enhanced grip, causing better transfer of braking stress to road. The tubeless tire market is expected to witness an impressive growth during the forecast period, as a result of its various advantages such as their high fuel efficiency, less balance weight requirement, easy repairing and safer drives as compared to pneumatic tires. In addition to this, these tires are good bump absorbents and offer better heat dissipation which increases the overall life and cost effectiveness of the tire
Market Determinants
A hiking demand for automobiles is witnessed all around the globe. This has rapidly increased the growth of vehicle production and sales, resulting to an increased requirement of tubeless tires. Moreover, rising awareness regarding road safety and stringent government regulations regarding vehicular emission and fuel economy is supposed to push the tubeless tire market growth. For example, the Transportation Recall Enhancement Accountability Documentation (TREAD) Act of 2000 required NHTSA to develop regulations for installing a tire pressure monitoring system in new passenger cars and light trucks. However, fluctuating prices of raw material and inclination of trend towards airless tires might restrain the market growth. Regardless of all these restraints, technological improvisations and innovations in the automotive tire industry and rise in aftermarket as a result of increased lifespan, will bring future growth opportunities to the tubeless tire market. Enhancing the fuel economy by new technical improvements regarding tire- pressure in tubeless tires, is a highly prioritized concern in the current scenario as a result of rapidly exhausting fuel resources. According to the U.S. Department of Energy, out of 130 billion gallons of fuel used in passenger cars and light trucks in 2005, about 1.2 billion gallons were wasted as a result of driving on underinflated tires.
MARKET DETERMINANTS – IMPACT ANALYSIS
market determinats impact analysis
Request Sample Copy of the Report@https://www.esticastresearch.com/market-reports/tubeless-tire-market/request-sample
Segment Analysis
The global tubeless tire market is segmented on the basis of type, vehicle type, distributed channel and geography. By type, the global market is segmented into radial and bias. On the basis of vehicle type the market is defined as two-wheeler, passenger car and commercial vehicle. By distributed channel, the market is categorized as OEM and aftermarket. Geographically, the market is bifurcated as North America, Europe, Asia-pacific and Rest of World.
ASIA PACIFIC TUBELESS TIRE MARKET BY TYPE
asia pacific tubeless tire market by type
Asia Pacific held the largest share of tubeless tire market in 2016 accounting to high vehicle production in the region. Moreover, the passenger car segment will dominate the overall market throughout the forecast period of 2017-2024.
Some major market players are Michelin, Hankook tire co., Ltd., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Bridgestone Group, Pirelli & C. S.p.A. (China National Chemical Corporation), Sumitomo Rubber Industries, Ltd., The Goodyear Tire & Rubber Company , Toyo Tire & Rubber Co., Ltd. and Yokohama Rubber Company
GLOBAL TUBELESS TIRE MARKET SEGMENTATION
By Type
• Radial
• Bias
By Vehicle type
• Two-wheeler
• Passenger car
• Commercial vehicle
Distribution Channel
• OEM
• Aftermarket
By Region
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• U.K.
• Rest of Europe
Asia-Pacific
• China
• Japan
• Australia
• India
• Rest of APAC
Rest of World
• Africa
• Middle East
• Latin America
KEY MARKET PLAYERS
Michelin
• Hankook tire co., ltd
• Cheng Shin Rubber Ind. Co. Ltd
• CONTINENTAL Corporation
• Bridgestone Group
• Pirelli & C. S.p.A. (China National Chemical Corporation)
• Sumitomo Rubber Industries, Ltd
• The Goodyear Tire & Rubber Company
• Toyo Tire & Rubber Co., Ltd.
• Yokohama Rubber Company
Request for Customized Report @https://www.esticastresearch.com/market-reports/tubeless-tire-market/request-customise-form
About Esticast Research & Consulting :
Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.
Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.
Contact
Esticast Research & Consulting
410 State Route 57 East,#206, Washington, NJ 07882
Tel: 1-908-379-7709
Fax: 1-908-379-7709
Email: [email protected]
0 notes
Text
Tubeless Tire Market By Technology Elements and Growth Rate 2016-2024
The Global Tubeless Tire market was valued at $130.16 billion in 2016, and is projected to reach $212.5 billion by 2024, having a CAGR of 6.4% during the forecast period of 2017 to 2024.
Tubeless tires run without a separate inner tube. Unlike pneumatic tires, tubeless tires have persistent ribs configured into the bead of the tire. In this way, the outer casing makes an air tight seal with the rim of the wheel, and air is held in the assembly of casing and rim. Tubeless tires are made up of tread, spiral layers and steel belt. Tread gives the frame support of the vehicle and enhanced grip, causing better transfer of braking stress to road. The tubeless tire market is expected to witness an impressive growth during the forecast period, as a result of its various advantages such as their high fuel efficiency, less balance weight requirement, easy repairing and safer drives as compared to pneumatic tires. In addition to this, these tires are good bump absorbents and offer better heat dissipation which increases the overall life and cost effectiveness of the tire
Request Sample Copy of the Report@https://www.esticastresearch.com/market-reports/tubeless-tire-market/request-sample
Market Determinants
A hiking demand for automobiles is witnessed all around the globe. This has rapidly increased the growth of vehicle production and sales, resulting to an increased requirement of tubeless tires. Moreover, rising awareness regarding road safety and stringent government regulations regarding vehicular emission and fuel economy is supposed to push the tubeless tire market growth. For example, the Transportation Recall Enhancement Accountability Documentation (TREAD) Act of 2000 required NHTSA to develop regulations for installing a tire pressure monitoring system in new passenger cars and light trucks. However, fluctuating prices of raw material and inclination of trend towards airless tires might restrain the market growth. Regardless of all these restraints, technological improvisations and innovations in the automotive tire industry and rise in aftermarket as a result of increased lifespan, will bring future growth opportunities to the tubeless tire market. Enhancing the fuel economy by new technical improvements regarding tire- pressure in tubeless tires, is a highly prioritized concern in the current scenario as a result of rapidly exhausting fuel resources. According to the U.S. Department of Energy, out of 130 billion gallons of fuel used in passenger cars and light trucks in 2005, about 1.2 billion gallons were wasted as a result of driving on underinflated tires.
MARKET DETERMINANTS – IMPACT ANALYSIS
marketdeterminats impact analysis
Segment Analysis
The global tubeless tire market is segmented on the basis of type, vehicle type, distributed channel and geography. By type, the global market is segmented into radial and bias. On the basis of vehicle type the market is defined as two-wheeler, passenger car and commercial vehicle. By distributed channel, the market is categorized as OEM and aftermarket. Geographically, the market is bifurcated as North America, Europe, Asia-pacific and Rest of World.
ASIA PACIFIC TUBELESS TIRE MARKET BY TYPE
asia pacific tubeless tire market by type
Asia Pacific held the largest share of tubeless tire market in 2016 accounting to high vehicle production in the region. Moreover, the passenger car segment will dominate the overall market throughout the forecast period of 2017-2024.
Some major market players are Michelin, Hankook tire co., Ltd., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Bridgestone Group, Pirelli & C. S.p.A. (China National Chemical Corporation), Sumitomo Rubber Industries, Ltd., The Goodyear Tire & Rubber Company , Toyo Tire & Rubber Co., Ltd. and Yokohama Rubber Company
Request for Customized Report @https://www.esticastresearch.com/market-reports/tubeless-tire-market/request-customise-form
GLOBAL TUBELESS TIRE MARKET SEGMENTATION
By Type
• Radial
• Bias
By Vehicle type
• Two-wheeler
• Passenger car
• Commercial vehicle
Distribution Channel
• OEM
• Aftermarket
By Region
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• France
• Italy
• U.K.
• Rest of Europe
Asia-Pacific
• China
• Japan
• Australia
• India
• Rest of APAC
Rest of World
• Africa
• Middle East
• Latin America
KEY MARKET PLAYERS
Michelin
• Hankook tire co., ltd
• Cheng Shin Rubber Ind. Co. Ltd
• CONTINENTAL Corporation
• Bridgestone Group
• Pirelli & C. S.p.A. (China National Chemical Corporation)
• Sumitomo Rubber Industries, Ltd
• The Goodyear Tire & Rubber Company
• Toyo Tire & Rubber Co., Ltd.
• Yokohama Rubber Company
Access Report Details @https://www.esticastresearch.com/market-reports/tubeless-tire-market
About Esticast Research &Consulting :
Esticast Research & Consulting is a research firm providing research reports on various industries with a unique combination of authenticity, extensive research, and infallibility. We provide syndicated market research reports, customization services, and consulting services to help businesses across the world in achieving their goals and overcoming complex challenges. We specialize in providing 360 degree view of the markets to assist clients in determining new opportunities and develop business strategies for the future with data and statistics on changing market dynamics.
Esticast Research & Consulting has expert analysts and consultants with an ability to work in collaboration with clients to meet their business needs and give opportunities to thrive in a competitive world. A comprehensive analysis of industries ranging from healthcare to consumer goods and ICT to BFSI is provided by covering hundreds of industry segments. The research reports offering market forecasts, market entry strategies, and customer intelligence will help clients across the world in harnessing maximum value on their investment and realize their optimum potential.
Contact
Esticast Research & Consulting
410 State Route 57 East,#206, Washington, NJ 07882
Tel: 1-908-379-7709
Fax: 1-908-379-7709
Email: [email protected]
Web: https://www.esticastresearch.com/
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