According to Goldstein Research, non-pneumatic tires are developed as a substitute for the conventional tires which provides performance advantages with long life of tires. Non-pneumatic tires are becoming popular among off-road vehicle and low-speed electric vehicle manufacturers. Global Non-Pneumatic Tires Market Outlook also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. North America holds the major share of global non-pneumatic tires market and is expected to maintain its dominance over the forecast period of 2016-2024.North America non-pneumatic tires market is rising on the back of factors such as implementation of non-pneumatic tires in military vehicles and golf carts.
Market Segmentation
On the basis of our in-depth analysis, global non-pneumatic tires market can be segmented as follows:
• By Vehicle Type
o Passenger Vehicles
o Commercial Vehicles

• By Usage Type
o Multi Utility Vehicles
o All Terrain Vehicles
o Material Handling Equipments
o Motorbikes and Bicycles
o Low Speed Electric Vehicles (LSEV)
o Passenger Cars
o Military Vehicles
o Other (Lawnmowers, Trailers etc.)

• Based on Geography
o North America (U.S. & Canada) Non-Pneumatic Tires Market {Market Share (%), Market Size(USD Billion)}
o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Non-Pneumatic Tires Market {Market Share (%), Market Size(USD Billion)}
o Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) Non-Pneumatic Tires Market {Market Share (%), Market Size(USD Billion)}
o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Non-Pneumatic Tires Market {Market Share (%), Market Size(USD Billion)}
o Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Non-Pneumatic Tires Market {Market Share (%), Market Size(USD Billion)}
“Global Non-Pneumatic Tires Market Analysis” contains detailed overview of the global non-pneumatic tires market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by vehicles type and by usage type.

Further, for the in-depth analysis, Global Non-Pneumatic Tires Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Goodyear Tire and Rubber Company, Michelin Inc., Hankook Tire Group, Yokohama Tire Corp., Resilient Technologies etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global non-pneumatic tires market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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