About Motorcycle Tyres
In motorcycles, tyres are the external part of a motorcycles wheels & they are mainly attached to wheel rims, providing traction, and captivating surface unevenness and anomalies. They are tough to wear and tear & so permit the rider to efficiently turn the motorcycle through countersteering. Connection with the front and rear tires is the final connection of the motorcycle with the ground, so the tires must be intended and manufactured according to safety standards as well as codes. An ideal tire is one where the bikes suspension performance adheres to braking, fuel economy, safety &noise level and gives a seamless riding experience. Growing demand for motorcycles in the APAC region is likely to boost the growth of the global motorcycle tyres market over the coming years.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia-Pacific |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Motorcycle Tyres market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Goodyear Tire and Rubber Company (United States), Heidenau (Germany), Metzeler (Germany), Maxxis International (United States), Trelleborg Wheel Systems Italia S.p.A (Italy), Bridgestone Corporation (Japan), Michelin (France), Continental AG (Germany) and Pirelli & C. S.p.A. (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Kenda Rubber Industrial Company (Taiwan), Madras Rubber Factory Limited (India) and Cavi Elettrici e Affini Torino (CEAT) (India).
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Tyres market by Type (Tubeless Tyres, Solid Tyres and Tubed Tyres), Application (Road Motorcycle, Sports Motorcycle, Super Motorcycle, Mountain Motorcycle and Others (Scooters, Mopeds)) and Region.
On the basis of geography, the market of Motorcycle Tyres has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. If we see Market by Tire Size, the sub-segment i.e. Up to 12 Inch will boost the Motorcycle Tyres market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Aftermarket will boost the Motorcycle Tyres market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tire Type, the sub-segment i.e. Front Tire will boost the Motorcycle Tyres market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Investments By Manufacturers On Smart Tires
Market Growth Drivers:
Growing Demand For Motorcycles In APAC Region and Increasing Disposable Income
Challenges:
Growing Prices Of Raw Materials
Opportunities:
Emerging Markets and Technological Advancement In Manufacturing Process Of Tyres
Market Leaders and their expansionary development strategies
On 9 Nov 2017, The Goodyear Tire & Rubber Company has announced the acquisition of Ventech Systems GmbH, automated tire inspection technology provider, from Grenzebach Maschinenbau GmbH to support its fleet services in Europe as well as other geographies of the world.
Key Target Audience
Motorcycle Tyre manufactures, Raw material suppliers, Rubber, chemical and equipment suppliers, Vehicle servicers and tire distributors, Industry consultants and analysts and End Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.