About Scooter Tire
The high demand for scooters has also led to the upsurge in the aftermarket scooter tire demand, where people prefer tires that come with safety and reliability. Scooter tires come in all sizes of course. Some tires are designed for front wheel use, some for rear wheel use and some can be used on either wheel. Though most tires today are tubeless, there may still be a few tires which require an inner tube, especially on older scooters. With the rise in demand for personal mobility and high replacement rates of tires due to high wear and tear, the market of scooter tire is proliferating.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Scooter Tire 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.
Continental AG (Germany), Bridgestone (Japan), Michelin (France), Pirelli & C. S.p.A. (Italy), Kenda Rubber Industrial Company (Taiwan), Shinko (United States), Cheng Shin Rubber (Taiwan), Apollo tires (India), Goodyear (United States), JK tire (India) and Metzeler (Germany) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CEAT (India) and Dunlop (United States).
Segmentation Overview
AMA Research has segmented the market of Global Scooter Tire market by Type (Solid Tire and Pneumatic Tire) and Region.
On the basis of geography, the market of Scooter Tire 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). If we see Market by Season Tire Type, the sub-segment i.e. Summer will boost the Scooter Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Rim Size, the sub-segment i.e. Below 12” will boost the Scooter Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Layout, the sub-segment i.e. Tubeless will boost the Scooter Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. OEM will boost the Scooter Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Scooter Tire Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase in Sales and Production of Scooters
- Rising Investments by Manufacturers on Smart Tires
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Influencing Trends | - Emergence of Tubeless Tire has Reduced Maintenance Cost
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Restraints | - Fluctuating Raw Material Prices
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Road Blocks / Challenges | - Issue Related to the Counterfeit Product of Tiers
- Intense Competition between Tire Manufacturers
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Gaps & Opportunities | - High Replacement Rates of Tires due to High Wear and Tear
- Technical Advancement in Tire Manufacturing
- Increase in the Income of People, Will Witness an Increase in the Purchase of Motorcycles in Developing Regions
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Market Leaders and their expansionary development strategies
In 2019, Taiwan-based Maxxis entered into a partnership with Hero MotoCorp and Yamaha business enterprise for providing scooter tires. Besides, Maxxis already has comparable tie-ups with Honda Motorcycle and Scooter, India.
In Jun 2020,Maxxis India partnered with Hero MotoCorp for supply of tyres to the world's largest two-wheeler manufacturer. This is the second such partnership announced by the tyre maker in the recent past. Earlier it had entered into a pact with Japanese two-wheeler maker Honda Motorcycle & Scooter India for a similar arrangement.
Key Target Audience
Manufacturers of Scooter Tire, Suppliers of Scooter Tire, Wholesalers, Distributers and Retailers of Scooter Tire, Automotive Industry, Governmental Bodies and Research Firms
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.