Global Two-wheeler Tire Market 2019-2023 | Growing Demand for High-Performance Tires to Boost Growth | Technavio

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nov 08, 2019 01:30 pm
LONDON -- 

The global two-wheeler tire market is expected to post a CAGR almost 10% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191108005335/en/

Technavio has announced its latest market research report titled global two-wheeler tire market 2019-2023 (Graphic: Business Wire)

Technavio has announced its latest market research report titled global two-wheeler tire market 2019-2023 (Graphic: Business Wire)

The sale of new two-wheelers, particularly in emerging economies such as India is increasing owing to several factors such as traffic congestion and a large middle-class population in these economies. As the lifespan of tires depends on the number of miles traveled, two-wheeler tires are among the most-replaced components due to their high wear and tear. Therefore, the two-wheeler tire market is witnessing high demand, especially from the emerging markets of Thailand, India, Indonesia, China, and Vietnam.

To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR31139

As per Technavio, the growing demand for high-performance tires, will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Two-wheeler Tire Market: Growing Demand for High-Performance Tires

The demand for heavyweight motorcycles is increasing with the rise in disposable income in emerging economies. This is driving the adoption of high-performance tires as they provide strong grip and performance at high speeds. In addition, the growing concern over the increase in emission levels is driving the preference for high-performance electric motorcycles with tires that give racetrack performance on the road. Thus, with the growing demand for high-performance tires, the market for two-wheeler tire is expected to showcase a positive outlook during the forecast period.

“The adoption of environment-friendly tire manufacturing processes and use of RFID technology in two-wheeler tires are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 17,000+ market research reports.

Technavio’s SUBSCRIPTION platform

Global Two-wheeler Tire Market: Segmentation Analysis

This market research report segments the global two-wheeler tire market by application (motorcycles and scooters) and geography (APAC, Europe, the Middle East and Africa, North America, and South America).

The APAC region led the market in 2018, followed by South America, North America, Europe, and Middle East and Africa respectively. During the forecast period, the APAC region is expected to maintain its dominance over the global market. This is due to the strong adoption of rate of commuter scooters and motorcycles in the region.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Customer Landscape

Geographical Segmentation

  • Geographic comparison
  • Key leading countries
  • Market Opportunity

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Landscape disruption
  • Competitive scenario

VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: https://www.technavio.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).