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Global Tire Building Machinery Market 2019-2023

  • Published: Nov 2018
  • Pages: 111
  • SKU: IRTNTR30293
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The global tire building machinery market size will grow by USD 792.73 million during 2019-2023. This industry research report provides a detailed analysis of the market based on application (passenger vehicle and commercial vehicle) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several tire building machinery companies including Harburg-Freudenberger Maschinenbau, LARSEN & TOUBRO, MITSUBISHI HEAVY INDUSTRIES, Shenyang Blue Silver Industry Automation Equipment, and TKH Group.

Below are some of the key findings from this tire building machinery market analysis report

Tire Building Machinery Market

 

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Global tire building machinery industry overview

The increasing global demand for replacement tires is driving the global tire building machinery market. Tires are exposed to constant wear and tear which makes them the most replaced part of vehicles. Users also change tires due to various other factors such as demand for seasonal tires, harsh road conditions, and changing consumer behavior. To cater to this growing demand, tire manufacturers are expanding tire building machinery to increase their tire production capacity, hence driving the market growth.

Also, automation in tire building machinery is positively impacting the market. Automation in tire building machinery provides high production output, consistent reliability, and end-product quality with minimal manpower and maintenance requirements. Due to the automation of tire building machinery, several vendors are investing hugely in this market. The increasing demand for replacement tires globally coupled with automation in tire building machinery is driving the market growth at a CAGR of close to 3% during the forecast period.

Top tire building machinery companies covered in this report

The global tire building machinery market is highly fragmented. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this tire building machinery market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading tire building machinery companies, including:

  • Harburg-Freudenberger Maschinenbau  
  • LARSEN & TOUBRO  
  • MITSUBISHI HEAVY INDUSTRIES
  • Shenyang Blue Silver Industry Automation Equipment
  • TKH Group

 Tire building machinery market segmentation based on application

  • Passenger vehicles
  • Commercial vehicles

Based on application, the passenger vehicles segment held the largest share of the global tire building machinery market in 2018. The market share of this segment will continue to dominate the market throughout the next five years.

Tire building machinery market segmentation based on region

  • The Americas
  • APAC
  • EMEA

APAC accounted for the largest tire building machinery market share in 2018. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global tire building machinery market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the tire building machinery market during the next five years
  • Precise estimation of the global tire building machinery market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the tire building machinery industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of tire building machinery companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Passenger vehicle - Market size and forecast 2018-2023
  • Commercial vehicle - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Automation in tire building machinery
  • Growing adoption of IoT in tire manufacturing
  • Emergence of self-inflating tires (SITs)

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Harburg-Freudenberger Maschinenbau  
  • LARSEN & TOUBRO  
  • MITSUBISHI HEAVY INDUSTRIES
  • Shenyang Blue Silver Industry Automation Equipment
  • TKH Group

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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