Tires are made up of natural rubber or a combination of both natural and synthetic rubber. Motorcycle tires are an integral part of the vehicle, which help to maintain adequate grip, balance, safety and increases the ride comfort of the rider.
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The analysts forecast global motorcycle tires market to grow at a CAGR of 4.39% during the period 2017-2021.
The global motorcycle industry is broadly categorized into two segments, where one segment consists of high-performance motorcycles (considered as a luxury) and the other segment consist of two-wheelers used for commuting. Both these segments operate under contrasting market dynamics with different customer behavior and value chains.
The premium segment is witnessing a steady growth owing to the growing culture of racing and touring motorcycling in mature markets, such as the US, Japan, and Western Europe. On the contrary, the commuter segment of the motorcycle industry is witnessing healthy growth rate offering high volumes, which is contributed by countries, such as India and China.
These two countries account for over 75% of the global motorcycle market.
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The total market comprises both OEMs and aftermarket. Motorcycle production data is considered to calculate both aftermarket and OEM market.
For aftermarket, an average replacement time of 5 years is considered.
This report, Global Motorcycle Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Key vendors covered in global motorcycle tires market: Bridgestone, Continental, Dunlop (Goodyear) & Michelin
Other prominent vendors: Apollo Tyres, CEAT, JK Tyre & Industries, MRF, Pirelli, Giti Tire, Hankook Tire
Motorcycle Tires Market Driver: Increasing demand for motorcycles in APAC
Motorcycle Tires Market Challenge: Increasing prices of raw materials.
Motorcycle Tires Market Trend: Increasing investments by manufacturers on smart tires.
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Key questions answered in this report:
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Complete report on Motorcycle Tires market spread across 75 pages, providing 4 company profiles with 29 exhibits is now available at www.reportsnreports.com/reports/12…t-2017-2021.html.
Few Points from List of Exhibits:
Exhibit 1: Global Motorcycles Market 2016-2021 (Million Units)
Exhibit 2: Global Heavyweight Motorcycles Market 2016-2021 (Million Units)
Exhibit 3: Major >1,000cc Super-Sport Motorcycles
Exhibit 4: Historical List of Tubeless Tire Patents
Exhibit 5: Global Motorcycle Tires Market 2017-2021
Exhibit 6: Global Motorcycle Tires Market 2016-2021 (Million Units)
Exhibit 7: Global Tire Industry: Recent Developments
Exhibit 8: Five Forces Analysis
Exhibit 9: Global Motorcycle Tires Market by Stakeholders 2016 and 2021
Exhibit 10: Global Motorcycle Tires Market by Stakeholders 2016-2021
Exhibit 11: Global Motorcycle Tires Market by Aftermarket 2016-2021 (Million Units)
Exhibit 12: Global Motorcycle Tires Market by Oem (Million Units)
Exhibit 13: Global Motorcycle Tires Market by Geography 2016 and 2021
Exhibit 14: Global Motorcycle Tires Market by Geography 2016-2021
Exhibit 15: Motorcycle Tires Market in APAC 2016-2021 (Million Units)