DUBLIN, Jan 25, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Airless Radial Tire Market 2017-2021" report to their offering.
The global automotive airless radial tire market to grow at a CAGR of 39.87% during the period 2017-2021.
Global Automotive Airless Radial Tire Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is in-tire technology to revolutionize airless tire market. Bridgestone has been developing a system known as Contact Area Information Sensing (CAIS) system since 2011. The company demonstrated the same in December 2015 in Japan and announced that the system was market-ready. In CAIS, tires have sensors mounted on them, which monitor the road surface and communicate the information to the driver in real time. This is expected to be a game changer for airless tires since noise and vibration have been some of the prime drawbacks of these tires (discussed in the section on market challenges).
According to the report, one driver in market is airless tires are expected to increase ride safety by preventing accidents due to blowouts and punctures. The primary danger that riders face from pneumatic tires is the chance of a flat (a puncture), or a blowout occurring at freeway speeds. A flat caused by any sharp object usually results in rapid deflation of the tire. On the other hand, blowouts occur due to many causes ranging from a puncture to exposure of the tires to high temperatures or pressure. TPMS usually prevent blowouts nowadays. In a case of a blowout, the tire pops and rapidly deflates, causing the driver to lose control of the vehicle. The chances of a collision in such situations are quite high.
Key vendors
- Bridgestone
- Michelin
- Hankook
Other prominent vendors
- MacNeillie
- SciTech Industries
- National Aeronautics and Space Administration (NASA)
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by vehicle type
Part 07: Market segmentation by geography
Part 08: Market drivers
Part 09: Market challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis: Conventional tires OEMs
Part 13: Key vendor analysis: Dedicated airless tire OEMs
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/th5h45/global_automotive
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