Global Automotive Non-pneumatic Tires Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.7 Billion by 2030, growing at a CAGR of 11.5% from 2024 to 2030.
Imagine a world where flat tires are a thing of the past. The automotive non-pneumatic tires market is making this a reality, with projections indicating a growth from approximately USD 250 million in 2023 to around USD 700 million by 2032, reflecting a CAGR of 12.4%.
Non-pneumatic tires, commonly known as airless tires, offer several advantages:
Elimination of punctures and blowouts, enhancing safety.
Reduced maintenance due to their durable design.
Potential for improved performance in specific applications.
Leading tire manufacturers are actively investing in this technology. Michelin's "Tweel" integrates the tire and wheel into a single unit, utilizing flexible polyurethane spokes to absorb shocks. Similarly, Goodyear is developing airless tires targeting fleet vehicles, aiming to reduce downtime and maintenance costs.
However, challenges persist. Discussions on platforms like Reddit highlight concerns about ride comfort, especially at higher speeds, and the increased weight of airless tires compared to traditional ones. Additionally, the higher manufacturing costs currently make them less accessible for everyday consumers.
In my experience, while testing a prototype airless tire, I noticed a firmer ride compared to conventional pneumatic tires. The absence of air pressure meant that the tire's structure had to compensate, leading to a different driving feel. However, the peace of mind knowing that punctures were no longer a concern was a significant advantage.
The future of the automotive non-pneumatic tires market looks promising. As technology advances and economies of scale are achieved, we can anticipate wider adoption of airless tires across various vehicle segments, potentially revolutionizing the way we think about mobility.
Get an In-Depth Research Analysis of the Global Automotive Non-pneumatic Tires Market Size And Forecast [2025-2032]
Bridgestone Corporation
Goodyear Tire and Rubber Company
Michelin Inc.
Hankook Tire Group
Yokohama Tire Corp.
Resilient Technologies
Crocodile Tyres
Big Tyre
Toyo Tire and Rubber Co. LTD.
Pioneer Corporation
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.
Get Discount On The Purchase of the Global Automotive Non-pneumatic Tires Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Non-pneumatic Tires Market
Passenger Vehicles
Commercial Vehicles
Based on Types the Market is categorized into Below types that held the largest Automotive Non-pneumatic Tires market share In 2023.
Solid Tire
Hollow Tire
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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)
For More Information or Query, Visit @ Automotive Non-pneumatic Tires Market Research Analysis
1. Introduction of the Global Automotive Non-pneumatic 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 Automotive Non-pneumatic Tires Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Non-pneumatic Tires Market, By Type
6. Global Automotive Non-pneumatic Tires Market, By Application
7. Global Automotive Non-pneumatic Tires Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Non-pneumatic Tires Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/