Global Scooter Tire Market Overview:
The high demand for scooters has also led to the upsurge in the aftermarket scooter tire demand, where people prefer tires that come with safety and reliability. Scooter tires come in all sizes of course. Some tires are designed for front wheel use, some for rear wheel use and some can be used on either wheel. Though most tires today are tubeless, there may still be a few tires which require an inner tube, especially on older scooters. With the rise in demand for personal mobility and high replacement rates of tires due to high wear and tear, the market of scooter tire is proliferating.
- Increase in Sales and Production of Scooters
- Rising Investments by Manufacturers on Smart Tires
- Emergence of Tubeless Tire has Reduced Maintenance Cost
- Fluctuating Raw Material Prices
- High Replacement Rates of Tires due to High Wear and Tear
- Technical Advancement in Tire Manufacturing
- Increase in the Income of People, Will Witness an Increase in the Purchase of Motorcycles in Developing Regions
- Issue Related to the Counterfeit Product of Tiers
- Intense Competition between Tire Manufacturers
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies
Some of the key players profiled in the report are Continental AG (Germany), Bridgestone (Japan), Michelin (France), Pirelli & C. S.p.A. (Italy), Kenda Rubber Industrial Company (Taiwan), Shinko (United States), Cheng Shin Rubber (Taiwan), Apollo tires (India), Goodyear (United States), JK tire (India) and Metzeler (Germany). Additionally, following companies can also be profiled that are part of our coverage like CEAT (India) and Dunlop (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Scooter Tire market by 2026. Considering Market by Season Tire Type, the sub-segment i.e. Summer will boost the Scooter Tire market. Considering Market by Rim Size, the sub-segment i.e. Below 12” will boost the Scooter Tire market. Considering Market by Layout, the sub-segment i.e. Tubeless will boost the Scooter Tire market. Considering Market by Distribution Channel, the sub-segment i.e. OEM will boost the Scooter Tire market.
In Jun 2020,Maxxis India partnered with Hero MotoCorp for supply of tyres to the world's largest two-wheeler manufacturer. This is the second such partnership announced by the tyre maker in the recent past. Earlier it had entered into a pact with Japanese two-wheeler maker Honda Motorcycle & Scooter India for a similar arrangement.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Scooter Tire market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Scooter Tire market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Scooter Tire, Suppliers of Scooter Tire, Wholesalers, Distributers and Retailers of Scooter Tire, Automotive Industry, Governmental Bodies and Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.