Global Two-Wheeler Tire Market Size, Share and Trends Analysis, By Type (Motorcycle and Scooter/Moped), By Sales Channel (OEM and Replacement), Forecast (2022-2028)
The global two-wheeler tire market is estimated to grow at a CAGR of 3.8% during the forecast period (2022-2028). Tires on two-wheelers are critical components for transmitting all forces between the bike and the road. The cyclist should be able to forecast the tire qualities since they should be as consistent as feasible. Despite their same classification, aftermarket tires frequently differ from original tires. As a result, handling qualities can alter over time. The forces that occur between the ground and the tires have such an impact on machine behavior that they are sometimes overlooked. The tire is capable of performing a wide range of duties, and its apparent simplicity belies the level of engineering skill that goes into its design and production. Pneumatic tires were first installed to improve comfort and reduce wheel loads. Even with advanced suspension systems, the first line of defense for absorbing road shocks is still the tires.
The rising automation and growing safety and security concerns are some of the reasons driving the market growth. Furthermore, the market is likely to benefit from further advancements in technology and design. In addition, practically every country’s government is enacting new rules and regulations to improve passenger safety and security while traveling, which will propel the global two-wheeler tire market forward during the forecast period.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Sales Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Apollo Tyres Ltd., Bridgestone Corp., and CEAT Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Two-Wheeler Tire Market Report by Segment
By Type
- Motorcycle
- Scooter/Moped
By Sales Channel
- OEM
- Replacement
The report will be delivered within 48-72 hours after payment confirmation