Japan Electric Scooter Tires Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 15.7% from 2024 to 2030.
The Japanese electric scooter market has experienced significant growth, propelled by regulatory changes and a shift towards eco-friendly transportation. A pivotal development was the amendment of the Road Traffic Law in April 2022, which allowed users aged 16 and above to operate electric scooters without a driver's license, provided the scooter's maximum speed does not exceed 20 km/h. This change has led to a surge in electric scooter usage, particularly in metropolitan areas, as they offer a convenient solution for last-mile connectivity. citeturn0search0
As the market expands, the demand for specialized components, especially tires, has intensified. Electric scooter tires differ from traditional ones, requiring specific attributes to meet the unique needs of electric mobility. Key requirements include:
Durability: Tires must withstand the consistent torque and weight of electric scooters, ensuring a longer lifespan.
Grip and Traction: Enhanced grip is essential for safety, especially given the increased acceleration capabilities of electric scooters.
Low Rolling Resistance: To maximize battery efficiency and range, tires should have low rolling resistance.
Noise Reduction: Quiet operation is a valued feature, necessitating tires that minimize road noise.
Weather Resistance: Tires must perform reliably across Japan's varied climate conditions, from humid summers to snowy winters.
Manufacturers catering to the Japanese electric scooter market must prioritize these factors. Collaborating with scooter manufacturers during the design phase can lead to optimized tire-scooter integration, enhancing overall performance. Additionally, adhering to Japan's stringent safety and quality standards is crucial for market acceptance and consumer trust. As the market continues to evolve, staying attuned to regulatory updates and consumer preferences will be vital for businesses aiming to succeed in this dynamic sector.
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Schwalbs
Vittoria
Maxxis
Continental
WTB
Michelin
Kenda
CSTtires
Pirelli Velo
Trek Bikes
Hutchinson Cycling
Hangzhou Zhongce
Hwa Fong Rubber Co.
Ltd.
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 Japan Electric Scooter Tires Market
Pneumatic Tires
Solid Tires
Hybrid Tires
8-inch Tires
10-inch Tires
12-inch Tires
Other Sizes
Personal Commuting
Commercial Use
Delivery Services
Recreational Use
Rubber Tires
Polyurethane Tires
Specialty Composite Tires
Individual Consumers
Corporate Clients
Municipalities and Governments
Rental and Sharing Services
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Electric Scooter 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. Japan Electric Scooter Tires Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Electric Scooter Tires Market, By Type
6. Japan Electric Scooter Tires Market, By Application
7. Japan Electric Scooter Tires Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Electric Scooter Tires Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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