Electricity Generating Tires Market : Global Industry Analysis and Forecast (2024-2030)

The Electricity Generating Tires Market size was valued at USD 389 Million in 2023 and the total Electricity Generating Tires revenue is expected to grow at a CAGR of 3.20% from 2024 to 2030, reaching nearly USD 486.2 Million. The report covers the detailed analysis of the Global electricity generating tires industry with the classifications of the market on the basis of design, end-use and region. Analysis of past market dynamics from 2018 to 2023 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region. The concept of electricity generating tires is unveiled by Goodyear at the Geneva Auto Show in 2015. The piezoelectric materials are used to generate electricity. The piezoelectric material generates electricity through mechanical strain on the tires of a moving vehicle. The heat and motion is converted into electric current when the vehicle moves.Electricity Generating Tires MarketTo Know About The Research Methodology :- Request Free Sample Report The report has profiled nine key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.

Global Electricity Generating Tires Market Dynamics

Changing consumer preferences for environmentally products have resulted in demand growth for electricity generating tires, which is major growth driver for global market. In addition to that, rising disposable income and expenditure also boosts growth of market. The initial cost and maintenance of the piezoelectric system in electricity generating tires is major factor that restraints the growth of global market. The technological advancement in the automobile industry and increasing awareness about pollution among the consumers is expected to create more growth opportunities for global electricity generating tires market during forecast period.

Global Electricity Generating Tires Market Segment Analysis

On the basis of design, Radial tires segment held major shares in the global market in 2023 and expected to remain major during forecast period. The demand for radial tires shows growth due to stiffer tread and distribute weight evenly along with better ride quality. This increasing demand due to the superior properties is growth driver for radial tires segment in global electricity generating tires market. The radial tires segment was valued at US$ xx Bn in 2023 and is expected to growth at a CAGR of xx% during forecast period to reach US$ xx Bn by 2030. On the basis of end-use, replacement market is expected to dominate the global electricity generating tires market during forecast period. The replacement market held more that 60% shares of global market in 2023 and expected to reach US$ xx Bn by 2030 at a CAGR of xx% during forecast period.

Global Electricity Generating Tires Market Regional Insights

Asia-Pacific held major shares of global market in 2023 and registered US$ xx Bn. The rising establishment of automobile manufacturing plants and rising demand from increasing population are major growth drivers for global electricity generating tires market in Asia-Pacific. The Asia-Pacific held xx% of global market shares in 2023 and expected to reach US$ xx Bn by 2030 at a CAGR of xx% during a forecast period.

Global Electricity Generating Tires Market Scope: Inquire before buying

The report helps in understanding electricity generating tires market dynamics, structure, by analyzing the market segments and projects the global market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide. The report provides a detailed study of the key players of global market with their growth by conserving past data. In addition to that, the report helps reader with the company profile, Company Overview, Financial Overview, Product Portfolio, Business Strategy, Recent Developments and Development Footprint analysis and growth strategies for each.
Global Electricity Generating Tires Market
Report Coverage Details
Base Year: 2023 Forecast Period: 2024-2030
Historical Data: 2018 to 2023 Market Size in 2023: USD 389 Mn.
Forecast Period 2024 to 2030 CAGR: 3.20% Market Size in 2030: USD 486.2 Mn.
Segments Covered: by Design Radial Tires Bias Tires
by End-Use OEM Market Replacement Market

Global Electricity Generating Tires Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Electricity Generating Tires Market Key Players

1. Bridgestone Corporation 2. Michelin SCA 3. Continental AG 4. Pirelli & C. SpA 5. NokianTyres PLC 6. Sumitomo Rubber Industries Ltd. 7. Yokohama Rubber Co. Ltd. 8. The Good year tires and Rubber Company 9. Hankook

Frequently Asked Questions:

1. Which region has the largest share in Global market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of Global market? Ans: The Global market is growing at a CAGR of 3.20% during forecasting period 2024-2030. 3. What is scope of the Global market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global market are – Bridgestone Corporation, Michelin SCA, Continental AG, Pirelli & C. SpA, NokianTyres PLC, Sumitomo Rubber Industries Ltd., Yokohama Rubber Co. Ltd., The Good year tires and Rubber Company, Hankook. 5. What is the study period of this Market? Ans: The Global market is studied from 2023 to 2030.

Global Electricity Generating Tires Market

1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Electricity Generating TiresMarket Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2023 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Electricity Generating Tires Market 3.4. Geographical Snapshot of the Electricity Generating Tires Market, By Manufacturer share 4. Global Electricity Generating TiresMarket Overview, 2023-2030 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Electricity Generating TiresMarket 5. Supply Side and Demand Side Indicators 6. Global Electricity Generating TiresMarket Analysis and Forecast, 2023-2030 6.1. Global Electricity Generating TiresMarket Size & Y-o-Y Growth Analysis. 7. Global Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 7.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 7.1.1. Radial Tires 7.1.2. Bias Tires 7.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 7.2.1. OEM Market 7.2.2. Replacement Market 8. Global Electricity Generating TiresMarket Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2023-2030 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 9.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 9.1.1. Radial Tires 9.1.2. Bias Tires 9.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 9.2.1. OEM Market 9.2.2. Replacement Market 10. North America Electricity Generating TiresMarket Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 11.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 11.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 12. Canada Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 12.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 12.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 13. Mexico Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 13.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 13.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 14. Europe Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 14.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 14.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 15. Europe Electricity Generating TiresMarket Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2023-2030 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 16.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 16.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 17. France Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 17.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 17.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 18. Germany Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 18.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 18.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 19. Italy Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 19.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 19.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 20. Spain Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 20.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 20.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 21. Sweden Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 21.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 21.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 22. CIS CountriesElectricity Generating TiresMarket Analysis and Forecasts, 2023-2030 22.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 22.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 23. Rest of Europe Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 23.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 23.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 24. Asia Pacific Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 24.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 24.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 25. Asia Pacific Electricity Generating TiresMarket Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & ForecastBy Country, 2023-2030 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 26.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 26.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 27. India Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 27.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 27.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 28. Japan Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 28.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 28.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 29. South Korea Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 29.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 29.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 30. Australia Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 30.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 30.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 31. ASEAN Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 31.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 31.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 32. Rest of Asia Pacific Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 32.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 32.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 33. Middle East Africa Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 33.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 33.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 34. Middle East Africa Electricity Generating TiresMarket Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 35.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 35.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 36. GCC Countries Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 36.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 36.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 37. Egypt Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 37.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 37.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 38. Nigeria Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 38.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 38.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 39. Rest of ME&A Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 39.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 39.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 40. South AmericaElectricity Generating TiresMarket Analysis and Forecasts, 2023-2030 40.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 40.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 41. South America Electricity Generating TiresMarket Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2023-2030 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 42.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 42.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 43. Argentina Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 43.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 43.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 44. Rest of South America Electricity Generating TiresMarket Analysis and Forecasts, 2023-2030 44.1. Market Size (Value) Estimates & ForecastBy Design, 2023-2030 44.2. Market Size (Value) Estimates & ForecastBy End-Use, 2023-2030 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Electricity Generating Tires Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Bridgestone Corporation 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Michelin SCA 45.5. Continental AG 45.6. Pirelli & C. SpA 45.7. NokianTyres PLC 45.8. Sumitomo Rubber Industries Ltd. 45.9. Yokohama Rubber Co. Ltd. 45.10. The Good year tires and Rubber Company 45.11. Hankook 46. Primary Key Insights
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