Self-inflating Tires Market was valued at USD 2.1 Billion in 2022 and is projected to reach USD 4.5 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The global self-inflating tires market was valued at approximately USD 1.2 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030. This growth is driven by increasing demand for advanced automotive technologies that enhance safety and convenience. Self-inflating tires offer notable benefits such as improved fuel efficiency, extended tire lifespan, and enhanced vehicle safety, making them an attractive option for both consumers and manufacturers. The market's expansion is further supported by technological advancements and rising adoption in electric and autonomous vehicles, which require innovative tire solutions to complement their sophisticated systems.
Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for growth due to rapid urbanization, increased automotive production, and rising disposable incomes. The growing automotive industry in these regions is anticipated to drive demand for self-inflating tires, as consumers and manufacturers seek to incorporate cutting-edge technology into their vehicles. Additionally, government initiatives aimed at enhancing road safety and reducing environmental impact are likely to boost market potential. The evolving regulatory landscape and increasing consumer awareness about tire maintenance and vehicle performance will further contribute to market growth in these regions.
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Dana Incorporated
Goodyear Tire
Continental AG
Coda Development
GIAT
Michelin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Self-inflating Tires Market
Military
Commercial
Domestic
Based on Types the Market is categorized into Below types that held the largest Self-inflating Tires market share In 2023.
Auto Tires
Truck Tires
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Self-inflating Tires Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Self-inflating Tires Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Self-inflating Tires Market, By Type
6. Global Self-inflating Tires Market, By Application
7. Global Self-inflating Tires Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Self-inflating Tires Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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