Global Motorcycle Tires Market 2017-2021

Overview of the global motorcycle tires market

Issues with tires such as low tire pressure, greatly impact the motorcycle's performance and fuel efficiency. This is inducing tire manufacturers to increasingly focus on the development of high quality tires that will comply with the stringent fuel economy norms. Additionally, they are also focusing on reducing the rolling resistance to improve the durability of the tire. This in turn, is encouraging the middle-class population in emerging markets to spend more on commuter motorcycles. According to our market research analysis, the increasing demand for motorcycles in APAC will be one of the major factors that will have a positive impact on the growth of the motorcycle tires market in the coming years. India, China, and Indonesia are the largest markets for motorcycles in APAC. With the increase in the income of people, the coming years will witness an increase in the purchase of motorcycles in this region. This in turn, will drive the need for motorcycle tires, fueling market growth. Technavio's market research analysts predict that this market will grow at a CAGR of more than 4% by 2021.

Motorcycle tire manufacturers are offering self-inflating tires (SIT) on some selected models of premium motorcycles. The adoption of these tires will enable riders to inflate the tires and can have the correct tire pressure, which helps in minimizing the overall surface contact, lowering the rolling resistance, improving fuel efficiency and balance, and in reducing accidents. According to our analysts, the growing popularity of self-inflating tires will be one of the key trends that will gain traction in the motorcycle tires market during the next few years.

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Technavio's industry research report titled - Global Motorcycle Tires Market, will help you-

• Identify latent opportunities and explorative solutions in the motorcycle tires market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, all permutations and combinations inclusive

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Competitive landscape and key vendors

The motorcycle tires market is highly competitive and is characterized by the presence of global as well as local tire manufacturers. The vendors are increasingly competing against each other based on factors such as technology and price. Owing to innovations, the level of competition among the players in this two-wheeler tire market will intensify in the coming years.

Key vendors in this market are -

• Bridgestone
• Continental
• Dunlop (Goodyear)
• Michelin

Other prominent vendors in the market include Apollo Tyres, CEAT, JK Tyre & Industries, MRF, Pirelli, Giti Tire, and Hankook Tire

Segmentation by stakeholders and analysis of the motorcycle tires market

• Aftermarket
• OEM

The aftermarket players are contributing to the major growth of the motorcycle tires market since a large number of riders spend on high-performance tires. The premium tires offered by aftermarket players have low rolling resistance, high durability, better grip, higher speed rating, and better traction control. The increasing demand for improved ride comfort and durability of tires will drive the growth of this two-wheeler tire market in the aftermarket segment.

Segmentation by geography and analysis of the motorcycle tires market

• Americas
• APAC
• EMEA

Consumers in countries such as India, China, Indonesia, Thailand, Japan, and other emerging markets are increasingly spending on motorcycles. The motorcycle tires market will witness considerable growth in APAC in the coming years since the demand for motorcycles as a substitute for passenger vehicles is increasing.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global motorcycle tires market?
• What are the key market trends impacting the growth of the global motorcycle tires market?
• What are the challenges to market growth?
• Who are the key vendors in the global motorcycle tires market?
• What are the market opportunities and threats faced by the vendors in the global motorcycle tires market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global motorcycle tires market?

Technavio also offers customization on reports based on specific client requirement.

Motorcycle tires play a crucial role in the motorcycles? ride quality, safety, braking, and fuel economy by providing traction, resisting wear, and absorbing surface irregularities. This upcoming research report on the global motorcycle tires market offers insights into the key trends and emerging drivers influencing the growth of the automotive industry. Our market research reports for the automotive industry also follow a strict data collection methodology and offer an analysis of fast growing market segments like wheels and tires. Technavio's insightful market research reports also provide insights on the market size, growth rate, trends, and industry analysis to help clients in their business decision making process.

Additionally, by implementing an extensive primary and secondary research methods and assessing the changing consumer behavior and preferences of the wheels and tires sector, the upcoming report offers insights into the key market drivers, consumer behavior, and competitive factors in this market space. Proprietary tools and databases, industry journals, company reports and publications, and webinars and podcasts are some of the research tools used to generate an understanding of the market and prove to be a valuable source of competitive intelligence.

To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the global motorcycle tires market also covers geographies like the Americas, EMEA, and APAC. The tire technology had remained sluggish in the past, but in recent times, vendors have started getting involved in fierce competition to be innovative in this segment. The best example of innovation in this sector can be cited to Goodyear-Dunlop's innovation called Air Maintenance Technology (AMT), which can self-inflate the tire as needed.

The report also presents an overview of the competitive landscape of the market by covering vendors such as Michelin, Continental, Bridgestone, Good year, Pirelli, Dunlop, Hankook, Giti, Ceat, Toyo, Sumitomo, Apollo, Cooper, JK, and MRF. The upcoming industry research report on the global motorcycle tires market identifies other fundamental aspects of business intelligence such as profits, products, technology, distributions, as well as opportunities and challenges faced by the industry. Technavio also provides deep-dive market assessments into the sectors such as automotive services, automotive components, and auto accessories.

Our market research methodology for the global motorcycle tires market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.