#South Korea Bike Sharing Market Share

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South Korea Bike Sharing Market: Forthcoming Trends and Share Analysis by 2030

The South Korea Bike Sharing is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

In South Korea, the market for bike sharing has been expanding consistently and gaining traction. For short-distance travel within cities, bike-sharing services remained a desirable transportation choice, offering commuters, locals, and visitors an easy and sustainable way to get about.

In South Korea, bike sharing has been a huge success thanks in large part to smart technology. Easy-to-use smartphone apps that included GPS tracking and digital payment methods made it simple for people to find, unlock, and ride bikes, which helped bike-sharing become popular among a variety of groups.

The government and companies that operate bike sharing programs both had safety and infrastructure as top priorities. Dedicated bike lanes, investments in cycling infrastructure, and bicycle education initiatives were put in place to enhance user experience and guarantee rider safety.

Nonetheless, there were certain difficulties with the South Korean bike-sharing industry. Increasing operator competition may cause some consolidation or alter the dynamics of the market. Operators also have to deal with maintenance costs, vandalism, and bike theft in order to keep their services viable.

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Brief Introduction to the research report.

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Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the South Korea Bike Sharing Market include:

Seoul Public Bike (South Korea), Ttareungyi (China), Jeju Sharing Bike (South Korea), MObike (China), Kakao Mobility (South Korea), Socar (South Korea), Greenwheels (China), Naver Map (South Korea), Hancom Mobility (South Korea), Ddareungi (South Korea), Orento (South Korea), Green Bike (South Korea), Green Eco Bike (South Korea), K Bike (China), Seoul Bike (South Korea), Seoul E-Bike (South Korea), PUMP (Germany), Oullim (South Korea), Smart Bike (Germany), Webike (China), and Other Major Players 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

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Segmentation of South Korea Bike Sharing Market:

By Bike Type

Traditional Bike

E-bike

By Sharing System

Docked

Dockless

By User Type

Tourists and Visitors

Regular Commuters

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global South Korea Bike Sharing Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

South Korea Bike Sharing Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

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Consumer Lithium Battery Market Growth Potential: Size, Share, and Industry Forecast to 2032

The global Consumer Lithium Battery Market has been experiencing robust growth, driven by the rising demand for portable electronic devices, renewable energy storage solutions, and advancements in battery technology. Consumer lithium batteries, known for their high energy density, long lifespan, and lightweight properties, are widely used in various applications ranging from smartphones and laptops to wearables and power tools. This press release explores the market overview, emerging trends, drivers, restraints, segmentation, regional analysis, and future outlook.

Market Overview

The consumer lithium battery market has expanded significantly due to increasing reliance on battery-powered devices and the shift towards sustainable energy solutions. With the growing penetration of smart devices and electric vehicles (EVs), lithium batteries have become a critical component of modern life. According to industry reports, the market is expected to achieve a compound annual growth rate (CAGR) of over 8% during the forecast period.

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Emerging Trends

Advancements in Battery Chemistry: Innovations such as solid-state lithium batteries and lithium-silicon technology promise higher energy density and safety.

Miniaturization of Batteries: Demand for compact and lightweight batteries is rising with the proliferation of wearables and IoT devices.

Focus on Sustainability: Manufacturers are investing in recycling technologies and eco-friendly materials to reduce the environmental impact of lithium batteries.

Expansion in Renewable Energy Storage: Lithium batteries are increasingly being used for residential and commercial solar energy storage systems.

Market Drivers

Growing Demand for Consumer Electronics: The widespread use of smartphones, laptops, and other electronic devices drives the demand for high-performance lithium batteries.

Shift to Renewable Energy: Rising adoption of solar and wind energy systems fuels the need for efficient energy storage solutions.

Electric Mobility: The rapid growth of e-bikes, e-scooters, and portable EV chargers contributes to the rising demand for lithium batteries.

Technological Innovations: Advancements in fast-charging technology and extended battery life enhance consumer satisfaction and market growth.

Market Restraints

High Production Costs: The complex manufacturing process of lithium batteries leads to higher costs compared to traditional batteries.

Safety Concerns: Risks associated with overheating and potential fire hazards pose challenges to market expansion.

Limited Raw Material Availability: Dependence on critical minerals like lithium, cobalt, and nickel can lead to supply chain disruptions.

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Market Segmentation

The consumer lithium battery market is segmented based on type, application, and distribution channel.

By Type:

Lithium-Ion (Li-ion)

Lithium-Polymer (Li-Po)

Lithium Iron Phosphate (LiFePO4)

By Application:

Smartphones

Laptops and Tablets

Wearables

Power Tools

Others

By Distribution Channel:

OEM

Retail

Online

Regional Analysis

North America: North America leads the consumer lithium battery market, driven by high adoption of consumer electronics and renewable energy storage systems. The United States is a key contributor to regional growth.

Europe: Europe’s focus on sustainability and renewable energy adoption propels the demand for lithium batteries. Countries like Germany, France, and the UK are prominent markets.

Asia-Pacific: The Asia-Pacific region dominates the market due to the presence of major electronics manufacturers in China, Japan, and South Korea. Increasing urbanization and disposable incomes further boost market growth.

Latin America: The growing electronics market and renewable energy projects in Brazil and Mexico drive regional demand for lithium batteries.

Middle East & Africa: The adoption of lithium batteries in solar energy storage and portable devices supports moderate growth in the region, particularly in the UAE and South Africa.

Future Outlook

The global consumer lithium battery market is poised for sustained growth, driven by advancements in battery technology, increasing consumer reliance on portable devices, and the shift towards renewable energy. Manufacturers are likely to focus on developing high-performance, eco-friendly batteries to address safety concerns and environmental challenges.

The rise of electric mobility and smart devices presents immense opportunities for market players. Collaboration among industry stakeholders, including raw material suppliers, battery manufacturers, and technology providers, will be critical in shaping the future of the market. Moreover, government initiatives promoting green energy and recycling practices are expected to further boost market dynamics.

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Powering the Outdoors: Trends in the Mountain E-bikes Market

The global mountain e-bikes market size was estimated at USD 7.52 billion in 2023 and is expected to grow at a CAGR of 9.4% from 2024 to 2030.The rising popularity of outdoor recreation and adventure sports is a major factor contributing to the market growth. Mountain e-bikes, with their electric assist features, allow riders of various skill levels to tackle challenging terrains and explore new trails with ease. This accessibility is attracting a broader demographic, including older riders and those new to mountain biking. The trend of combining exercise with adventure is driving demand for mountain e-bikes, contributing to the market's expansion.

Technological advancements in e-bike components, such as motors, batteries, and drivetrains, are a major driving force in the mountain e-bikes market. High-performance mid-drive motors and efficient battery systems now offer increased torque, extended range, and smoother power delivery, making mountain e-bikes more capable on rugged terrains. Innovations such as smart sensors and integrated displays enhance rider experience by providing real-time data and ride customization options. These advancements are pushing the boundaries of what mountain e-bikes can achieve, making them more appealing to both novice and experienced riders. As technology continues to evolve, it is expected to further fuel the market growth.

Mountain E-bikes Market Segmentation

The chain drive segment led the market and accounted for 91.9% of the global revenue in 2023. The chain drive segment remains the dominant force in the mountain e-bikes market due to its proven durability, strength, and cost-effectiveness.

The lithium-ion batterysegment accounted for the largest revenue share in 2023. The lithium-ion battery segment continues to dominate the mountain e-bikes market due to its superior performance characteristics, including higher energy density, longer lifespan, and lighter weight compared to other battery types.

The pedal-assisted segment accounted for the largest revenue share in 2023. The growth of the segment can be attributed to its ability to provide a more natural biking experience while offering the benefits of electric assistance.

The mountain e-bikes market in North America is poised for significant growth from 2024 to 2030. The increasing consumer interest in sustainable transportation and outdoor recreational activities is a significant factor contributing to the growth of the market. 

Global Mountain E-bikes Market Report Segmentation

The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global mountain e-bikes market report based on drive, battery, propulsion, and region:

Drive Outlook (Revenue, USD Billion, 2018 - 2030)

Belt Drive

Chain Drive

Battery Outlook (Revenue, USD Billion, 2018 - 2030)

Lead-acid Battery

Lithium-ion Battery

Propulsion Outlook (Revenue, USD Billion, 2018 - 2030)

Pedal-assisted

Throttle-assisted

Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

UK

France

Asia Pacific

China

India

Japan

South Korea

Australia

Latin America

Brazil 

Middle East & Africa (MEA)

UAE

Kingdom of Saudi Arabia (KSA)

South Africa

Key Mountain E-bikes Companies:

The following are the leading companies in the mountain e-bikes market. These companies collectively hold the largest market share and dictate industry trends.

Bulls Bikes USA

Accell Group

Cycling Sports Group, Inc.

Heybike Inc.

Husqvarna E-Bicycles

Magnum Electric Bikes

RANDRIDE

Heybike Inc.

Pedego

Polygon Bikes

Order a free sample PDF of the Mountain E-bikes Market Intelligence Study, published by Grand View Research.

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Travel Without Polluting the Environment with Micro mobility

Air pollution is one of the biggest problems which has encircled the whole world. Vehicles have a lot of contributions to add to the air quality, and South Korea is not an exception to this. With the increasing level of air pollution and to save on transportation costs, the country has started looking forward to micro-mobility. And, because of this, the demand for electric scooters will rise at a mammoth rate of around 52%, and reach a value of around $11,179 million by the end of this decade.

Swing, an electric scooter and micro-mobility start-up of South Korea, announced that it has raised a sum of $24 million to spur its evolution and expansion to Japan. White Star Capital led the funding, which also participated in Berlin-based Tier Mobility, and included existing backer Hashed, amongst others. With the capital, Swing raised a total of about $33 million since its beginning in 2019.

CEO of the startup announced that the startup will make use of the proceeds to surge its fleet of micro-mobility and further penetrate the market in Japan. In 2022, Swing will deploy 100,000 e-bikes, e-scooters, and e-mopeds that will have a changeable battery that is substitutable with each other and mount 200 e-charging stations for its own use and for others as alternatives. Swing presently operates a convoy of 35,000 e- vehicles, like e-mopeds and e-scooters.

Apart from its app, the shared micro-mobility startup newly introduced a novel app called Dayrider that permits delivery riders to rent e-scooters or e-mopeds for just a couple of days without the annoyance of charging.

Seoul announced in the month of September that it will have an addition of 62,000 e-motorcycles, including e-mopeds, and install 200,000 other e-charging stations by 2025 in an effort to decrease GHG emissions. Seoul also announced that it would substitute 100% of the total of 35,000 motorcycles used for last-mile delivery with electric motors.

South Korea’s new rules on e-scooter have upset e-scooter companies. Under the amended act, effective from May 2021, e-scooter riders must be 16 years or over, have a valid license, and wear a helmet. If the new regulations are not followed by the people, a fine will be imposed. The e-scooter users must use bike paths and park the electric scooters away from cars and people. In July, Seoul announced that the illegally parked e-scooters will be towed and a penalty will be charged.

In excess of 20 e-scooter rental businesses are presently operational in South Korea, where there is no boundary on the count of companies or fleets that can operate the business in this sector. Industry sources told that consolidation was initiated in the e-scooter business last year.  A Berlin-based electric-scooter platform Wind Mobility, which arrived in the country’s market two years ago, wrapped its operations in the capital city last October.

The demand for e-two-wheelers in South Korea increased with the need to decrease the pollution level and the cost of traveling.

Source: P&S Intelligence

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Running Watches Global Market Overview, Size, Share, Trend and Forecast to 2031 | Market Strides

Running Watches Market Overview

The Running Watches Market Overview gives a clear picture of the current state of the industry, highlighting the main trends and key factors shaping the market. It looks at how companies are performing, how much market share they have, and the level of competition. The report also explores new technologies, innovations, and developments in the industry, as well as how different regions are contributing to the overall market growth. In short, it's a snapshot of where the market stands today and what to expect in the near future.

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What are Running Watches Market Dynamics?

""Running Watches Market Dynamics"" refers to the factors that influence how a market operates and changes over time. These can include things like supply and demand, pricing trends, competition between companies, technological advancements, consumer behavior, and economic conditions. In the case of the Grid Energy Storage market (likely referring to a specific industry or segment), market dynamics would cover everything that affects how products are produced, sold, and purchased, and how companies adapt to these changes.

Running Watches Market Trends

The Grid Energy Storage market trends refer to the latest developments and patterns shaping the industry. These trends could include shifts in consumer demand, new technological innovations, changes in manufacturing practices, and emerging strategies in marketing and sales. They also involve analyzing how major players in the industry are adapting to these changes and how different regions are contributing to overall market growth. In short, it’s about understanding what’s happening in the market now and what might happen in the near future.

Running Watches Market Opportunities

""Running Watches Market Opportunities"" refers to potential areas for growth and expansion in the Grid Energy Storage industry. These opportunities might include emerging trends, new technologies, untapped regions, or evolving customer needs that companies can take advantage of to increase their market presence, boost profits, and stay competitive. It highlights where businesses can invest or focus their efforts to capitalize on new developments in the market.

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What is Running Watches Market Segmentation?

""Running Watches Market Segmentation"" refers to dividing the Grid Energy Storage market into specific groups based on factors like product type, customer needs, geography, or other characteristics. This helps businesses target the right audience more effectively by focusing on different segments with tailored strategies.

Based on Type

Pedometer Watches

GPS Watches

Heart Rate Watches

GPS +HRM Watches

Based on Application

Running

Biking

Climbing

Cardio Training

Others

Grid Energy Storage Segmentation by Region

North America

U.S.

Canada

Europe

Germany

UK

France

Asia Pacific

China

India

Japan

Australia

South Korea

Latin America

Brazil

Middle East & Africa

UAE

Kingdom of Saudi Arabia

South Africa

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Grid Energy Storage Share by Key Players

Apple Inc.

Fitbit

Samsung

Garmin

Suunto

Casio

Polar

Motorola/Lenovo

TomTom

Xiaomi

Timex

Nokia

Soleus

Key Offerings:

Past Market Size and Competitive Landscape

Running Watches Market Size, Share, Size & Forecast by different segment

Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region

Running Watches Market Segmentation - A detailed analysis by Product

Competitive Landscape - Profiles of selected key players by region from a strategic perspective

Competitive landscape - Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

Value chain and supply chain analysis

Legal Aspects of business by region

Lucrative business opportunities with SWOT analysis

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weekly journal 2

💗Adventures Around the World: Memories with Family💗

Traveling has always been a cherished tradition in my family, a shared passion that has connected us through countless adventures. Since I was young, every school break or free time became an opportunity for us to pack our bags and explore new destinations together. Each journey has been a chance to create memories that we will treasure forever.

One of my most unforgettable trips was in 2017 when my family and I visited South Korea. Stepping off the plane, I was immediately captivated by the vibrant culture that surrounded us. The bustling streets of Seoul were alive with energy ,bright neon signs, street vendors selling delicious snacks, and the sound of K-pop music playing in the background. I remember trying Kimchi, the famous fermented dish, for the first time. It was spicy, tangy, and unlike anything I had ever tasted. We also visited ancient palaces, where we marveled at the beauty of traditional Korean architecture, and learned about the country’s rich history. My family and I even dressed in Hanbok, the traditional Korean attire, and felt like we were part of a beautiful story that transcended time. Each moment spent exploring the unique blend of old and new in Korea deepened our bond as a family and sparked our curiosity about the world.

The following year, in 2018, we embarked on another exciting adventure, this time to Switzerland. As we arrived, I was awestruck by the breathtaking landscapes that unfolded before us ,majestic mountains, sparkling lakes, and charming villages. The air was crisp and fresh, a delightful change from the tropical climate back home. We took a train ride through the Swiss Alps, where the stunning views felt like something straight out of a postcard. My heart raced as we stood atop the mountains, taking in the beauty that surrounded us.

Switzerland’s culture was just as enchanting. I loved indulging in Swiss chocolate and cheese, savoring the rich flavors that were unlike any I had experienced before. The locals were warm and welcoming, and it felt wonderful to immerse ourselves in their traditions, like visiting quaint markets and participating in outdoor activities like hiking and biking. Each day was filled with laughter and adventure, and the memories we created were as sweet as the chocolate we enjoyed.

Looking back on these trips, I realize that the true essence of travel lies not just in the places we visit, but in the experiences we share as a family. Whether it’s exploring a new city, trying new dishes, or simply enjoying each other's company, every moment adds to our collective story. I am grateful for the adventures we’ve had and look forward to many more, as each journey brings us closer together and opens our hearts to the beauty of the world.

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bike sharing Market Anaysis by Size And Growth to 2031 Shared in Latest Research

The Market report can help clients make business decisions and understand Industry Recent Trends, Share, Size, Growth, Opportunity, and Forecast 2024 to 2031” report by Report Ocean delivers a thorough industry evaluation, covering market trends, competitor analysis, regional insights, and the Recent market developments. Ideal for investors, researchers, consultants, and marketing strategists, it is a valuable resource for those looking to engage in the market. The study emphases on whole estimate of the value chain, technological progresses, prospects, future roadmaps and distributor study.

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Key Regions & Countries

North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Colombia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

The Report Covers - -Complete in-depth study of the market and Vital changes in market dynamics. - Detailed considerate of market-particular drivers, Trends, constraints, Restraints, Opportunities and important micro markets. - the report focus on  Complete valuation of all prospects and risk. - In depth study of business tactics for growth of the market core players. - Market latest innovations and key procedures. - the Research focus on Vital changes in market aspects, product development, current trends, Competitive Landscape. - Conclusive study about the development conspiracy of market for forthcoming years.

Table Of Content:

Some Major TOC Points:

Chapter 1. Report Overview

Chapter 2. Global Growth Trends

Chapter 3. Market Share by Main Players

Chapter 4. Breakdown Data by Type and Application

Chapter 5. Market by End Users/Application

Chapter 6. COVID-19 Outbreak: Chair Lifts Sales Industry Impact

Chapter 7. Opportunity Analysis in Covid-19 Crisis

Chapter 8. Market Driving Force

To Be Continued…!

Reason To Buy:

Robust study methodology with important analysis including Porter's Five Investigation and SWOT analysis.

Extensive analysis of aggressive commerce regulations and rules of numerous government agencies both internationally and regionally from the report to incorporate a wide picture of this market's potential.

Supplying crucial opportunities for market expansion throughout the forecast period.

Study of a Huge historic Information about market behavior, functionality, and creation from companies.

True and factual statistics consisting of a succinct graphical representations, tables, and statistics of this market in the report.

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Cycling Shorts Market Future Trends and Research Report by 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Cycling Shorts Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Cycling Shorts Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Cycling Shorts Market?

The global cycling shorts market was US$ 844.2 Million in 2022.  The market to register a revenue CAGR of 6.8% over the forecast period and account for a market size of US$ 1,526.1 Mn in 2031.

What are Cycling Shorts?

Cycling shorts are tailored, snug-fitting shorts created specifically for cyclists to wear while riding. Constructed from stretchable, breathable fabrics, these shorts offer comfort and support during extended cycling sessions. They commonly include a padded chamois in the seat area to minimize friction and absorb moisture, ensuring a comfortable ride and preventing skin irritation. With a close-fitting design that reduces air resistance and enhances aerodynamics, cycling shorts are an essential garment for cyclists, providing both comfort and performance advantages for riders at every skill level.

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What are the growth prospects and trends in the Cycling Shorts industry?

The cycling shorts market growth is driven by various factors and trends. The market for cycling shorts is steadily expanding, propelled by the increasing popularity of cycling for both leisure and fitness. These shorts are indispensable for cyclists, providing essential comfort and performance benefits. The market offers a wide array of options, including shorts tailored for road cycling, mountain biking, and casual riding, each designed with specific features to meet diverse cycling requirements. Noteworthy trends in the market include the adoption of advanced materials for enhanced comfort and longevity, as well as innovative designs to boost performance. Furthermore, there is a growing demand for sustainable and environmentally friendly cycling shorts, reflecting the broader shift towards eco-conscious products in the apparel industry. Hence, all these factors contribute to cycling shorts market growth

What is included in market segmentation?

The report has segmented the market into the following categories:

By Product Type:

Road Shorts / Bib Shorts

Mountain Bike Shorts / Baggy Shorts

Smart Cycling Shorts

Others

Consumer Orientation:

Men

Women

Children

Pad Type:

Padded

Non-Padded Shorts

Sales Channel:

Hypermarket/Supermarkets

Specialty Stores

Online Retailers

Multi-brand Stores

Sports Variety Stores

Other Sales Channel

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Middle East & Africa:

Saudi Arabia

South Africa

United Arab Emirates

Israel

Who are the key players operating in the industry?

The report covers the major market players including:

Specialized Bicycle Components, Inc.

Aero Tech Designs Cyclewear

THE WRIGHT BROTHERS

Baleaf Sports

Nike, Inc.

Zara

Hennes & Mauritz AB

Manifattura Valcismon S.p.A.

Rapha Racing Limited

ITS Cycling Limited T/A Hunt Bike Wheels

Assos of Switzerland

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Cycling Self-locking Shoes Market Market Overview: Exploring Industry Expansion by 2032

New Research Report on “Cycling Self-locking Shoes Market Market” provide insightful data on the main market segments, dynamics, growth potentials and future prospects of industry. The study covers complete analysis on changing market trends for industry. The report shows the year-on-year growth of each segment and touches upon the different factors that are likely to impact the growth of each market segment. Each segment has analyzed completely on the basis of its production, consumption as well as revenue. And also offers Cycling Self-locking Shoes Market market size and share of each separate segment in the industry.

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The global cycling self-locking shoes market size was USD 361.3 million in 2024 and the market is projected to touch USD 470 million by 2031, exhibiting a CAGR of 3.8% during the forecast period.

Top Key Players in the Cycling Self-locking Shoes Market Market:

Sidi Alba (Italy)

Specialized (U.S.)

Giro (U.S.)

Garneau (Canada)

Fizik (Italy)

Shimano (Japan)

Giant (Taiwan)

Bont (Australia)

Mavic (France)

Vittoria Shoes (Italy)

QUOC(U.K.)

Luck (Spain)

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The Cycling Self-locking Shoes Market market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Market split by Type, can be divided into:

Mountain Lock Shoes

Road Lock Shoes

Market split by Application, can be divided into:

Road Bikes

Mountain Bikes

Report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our Cycling Self-locking Shoes Market market covers the following areas:

Cycling Self-locking Shoes Market market sizing

Cycling Self-locking Shoes Market market forecast

Cycling Self-locking Shoes Market market industry analysis

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What Global Cycling Self-locking Shoes Market Market Report Offers?

Provides strategic profiling of key players in the Cycling Self-locking Shoes Market market.

Drawing a competitive landscape for the world Cycling Self-locking Shoes Market industry.

Describes insights about factors affecting the Cycling Self-locking Shoes Market market growth.

Analyze the Cycling Self-locking Shoes Market industry share based on various factors- price analysis, supply chain analysis etc.

Extensive analysis of the industry structure along with Cycling Self-locking Shoes Market market forecast 2020-2024.

Granular Analysis with respect to the current Cycling Self-locking Shoes Market industry size and future perspective.

Regions Covered in Cycling Self-locking Shoes Market Market Report:

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

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Sweden Bike Sharing Market: Forthcoming Trends and Share Analysis by 2030

Sweden Bike Sharing is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

Big Swedish towns like Stockholm, Gothenburg, and Malmö have seen a rise in the use of bike sharing by both locals and tourists. The availability of strategically positioned docking stations and the ease of hiring bikes on-demand through smartphone apps have both contributed to the growing popularity of bike-sharing services. Bike sharing has gained popularity as a practical and effective means of transportation among commuters, visitors, and residents looking for an eco-friendly way to get about the city.

Sweden's dedication to environmental conservation and sustainability has increased demand for environmentally friendly modes of transportation. Bike sharing is a great fit with the nation's goal of cutting carbon emissions and advancing environmentally friendly transportation options. Consequently, the market for bike sharing has experienced steady expansion, propelled by the rising number of people who place a premium on sustainability when making transportation decisions.

Sweden's tourism business greatly benefits from bike sharing, which provides visitors with an immersive and one-of-a-kind means of seeing the nation's breathtaking scenery, iconic sites, and cultural attractions. Renting bikes allows tourists to take leisurely rides through scenic areas, improving their trip experiences and making lifelong memories.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the Sweden Bike Sharing Market include:

 Helbiz (Italy), Green Bike Sweden (Sweden), Nextbike (Germany), Lime (US), Mobike (China), PBSC (BIXI) (Canada), Vaimoo (Italy), Bycyklen (Denmark), Smoove (France), City Bikes (Sweden), Jump (US), Donkey Republic (Denmark), Velove (Sweden), Easymile (France), Malmö by Bike (Sweden), Ofo (China), Voi (Sweden), Citizen (Belgium), Beryl (UK), Mobike (China), and Other Major Players.

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

If You Have Any Query Sweden Bike Sharing Market Report, Visit:

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Segmentation of Sweden Bike Sharing Market:

By Bike Type

Traditional Bike

E-bike

By Sharing System

Docked

Dockless

By User Type

Tourists and Visitors

Regular Commuters

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Sweden Bike Sharing Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Sweden Bike Sharing Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Japan Bike Sharing Market: Forthcoming Trends and Share Analysis by 2030

Japan Bike Sharing is Expected to Grow at a Significant Growth Rate, and the Forecast Period is 2023-2030, Considering the Base Year as 2022.

In Japan, the market for bike sharing has been steadily expanding and becoming more popular. Major cities leading the way in this transportation trend were Tokyo, Osaka, Kyoto, and Fukuoka. The majority of bike-sharing firms used a station-based business model, letting customers use membership cards or smartphone apps to easily borrow and return bicycles at pre-designated stations.

The accessibility of electric bikes, or e-bikes, to a diverse spectrum of consumers, including the elderly and those looking for more convenient mobility, added to the allure of these services. Remarkably, a number of bike-sharing programs were easily incorporated into public transportation networks, allowing customers to borrow bikes with the same transport cards they use for buses and trains.

There was fierce competition in the market, with many businesses fighting for a piece of the larger market in the bigger cities. Regulations and safety measures are essential for preserving order and guaranteeing a smooth traffic flow as the bike-sharing scene changes. Although the data shown here represents the market situation as of September 2021, it is essential to check more current sources for the most up-to-date information and insights regarding the Japanese bike-sharing industry.

Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Leading players involved in the Japan Bike Sharing Market include:

Hello Cycling (Japan), Docomo Bikeshare (Japan), Pedicab (Japan), Cogoo (Japan), Jitensha Chokin (Japan), Sharecycle (Japan), Bikeshare Studio (Japan), Cycleone (Japan), Cocomo (Japan), Joybike (Japan), Pocket Cycle (Japan), Landis Japan (Japan), Anycafe Corporation (Japan), Bikekc (Japan), Green Pedal (Japan), Easygo Japan (Japan), Bike Share Japan (Japan), Team Kashiwa (Japan), Bike Base (Japan), Street Kart Japan (Japan), and Other Major Players. 

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

If You Have Any Query Japan Bike Sharing Market Report, Visit:

Segmentation of Japan Bike Sharing Market:

By Bike Type

Traditional Bike

E-bike

By Sharing System

Docked

Dockless

By User Type

Tourists and Visitors

Regular Commuters

By Regions: -

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Highlights from the report:

Market Study: It includes key market segments, key manufacturers covered, product range offered in the years considered, Global Japan Bike Sharing Market, and research objectives. It also covers segmentation study provided in the report based on product type and application.

Market Executive Summary: This section highlights key studies, market growth rates, competitive landscape, market drivers, trends, and issues in addition to macro indicators.

Market Production by Region: The report provides data related to imports and exports, revenue, production and key players of all the studied regional markets are covered in this section.

Japan Bike Sharing Market Profiles of Top Key Competitors: Analysis of each profiled Roll Hardness Tester market player is detailed in this section. This segment also provides SWOT analysis of individual players, products, production, value, capacity, and other important factors.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Acquire This Reports: -

About Us:

We are technocratic market research and consulting company that provides comprehensive and data-driven market insights. We hold the expertise in demand analysis and estimation of multidomain industries with encyclopedic competitive and landscape analysis. Also, our in-depth macro-economic analysis gives a bird's eye view of a market to our esteemed client. Our team at Pristine Intelligence focuses on result-oriented methodologies which are based on historic and present data to produce authentic foretelling about the industry. Pristine Intelligence's extensive studies help our clients to make righteous decisions that make a positive impact on their business. Our customer-oriented business model firmly follows satisfactory service through which our brand name is recognized in the market.

Contact Us:

Office No 101, Saudamini Commercial Complex,

Right Bhusari Colony,

Kothrud, Pune,

Maharashtra, India - 411038 (+1) 773 382 1049 +91 - 81800 - 96367

Email: sales@pristineintelligence.com

[lalsingh228-blog]

Airless Tires Market to See Huge Growth by 2030

Global Airless Tires Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some are the key & emerging players that are part of coverage and have being profiled are Michelin Group (France), Cooper Tire & Rubber Company (United States), Goodyear Tire & Rubber Company (United States), Hankook Tire Group (South Korea), Bridgestone Corporation (Japan), Tannus Ltd. (United Kingdom), Toyo Tires (Japan), Sumitomo Rubber Industries (Japan), Amerityre Corporation (United States), Kenda Rubber Industrial Company (Taiwan), Marathon Industries, Inc. (United States). Get Free Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/27848-global-airless-tires-market The airless tire is tires which are not upheld by air pressure. It is used in small vehicles, for example, riding yard cutters and mechanized golf trucks. They are additionally used in irresistible hardware, such as excavators, which are required to work on locales, for example, building obliteration, where the danger of tire punctures is high. Tires made out of shutting cell polyurethane froth are also made for bikes and wheelchairs. The main thing which must be considered when trying to design a non-pneumatic tire is the issue of deformation. The tire must be strong enough to hold the car and withstand a large amount of abuse, and also be able to deform slightly when it comes in contact with the road.

The titled segments and sub-section of the market are illuminated below:

by Type (Radial, Bias), Vehicle (Light Commercial Vehicles, Heavy Commercial Vehicles, Military Vehicles, Passenger Cars, Two-Wheelers), Sales Channel (Original Equipment Manufacturers, Aftermarket), Material (Rubber, Plastic)

Market Trends:

Evolving More Reliable and Seamless Airless Tire Design

Increasing Emphasis on 3D-Printed Airless Tires

Opportunities:

Upsurge in Demand for Airless Tires in Aftermarket and Technological Advancements

Market Drivers:

Prevent Accidents Due To Blowouts and Punctures Which Ensure Safety

Rise in Number of Heavy Commercial Vehicles Due To Urbanization

Global Airless Tires market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years. Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Have Any Questions Regarding Global Airless Tires Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/27848-global-airless-tires-market Points Covered in Table of Content of Global Airless Tires Market:

Chapter 01 – Airless Tires Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Airless Tires Market - Pricing Analysis

Chapter 05 – Global Airless Tires Market Background

Chapter 06 -- Global Airless Tires Market Segmentation

Chapter 07 – Key and Emerging Countries Analysis in Global Airless Tires Market

Chapter 08 – Global Airless Tires Market Structure Analysis

Chapter 09 – Global Airless Tires Market Competitive Analysis

Chapter 10 – Assumptions and Acronyms Chapter 11 – Research Methodology Read Detailed Index of full Research Study at @https://www.advancemarketanalytics.com/reports/27848-global-airless-tires-market Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 sales@advancemarketanalytics.com

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Lithium Ion Battery

The global lithium-ion battery market is anticipated to reach a valuation of US$ 40.7 billion in 2019, with an expected double-digit Compound Annual Growth Rate (CAGR) forecasted for the foreseeable future. The lithium-ion battery sales for 2019 are projected to be around 130 thousand MWh, primarily driven by the rising adoption of electric vehicles, especially in China. Within this landscape, the automotive segment is poised to contribute to over 55% of the total revenue in the global lithium-ion battery market.

To read more about the topic please visit site: https://bekryl.com/industry-trends/lithium-ion-battery-market-share-analysis

Global Lithium-Ion Battery Market, by Technology Type:

In 2019, the LiFePO segment dominates the global lithium-ion battery market, holding over 70% market share. This technology is predominantly utilized in electric vehicles and industrial applications. Following closely is the NMC segment, with applications ranging from consumer electronics to electric vehicles. LCO technology is predominantly used in various electronic devices like smartphones, tablets, and ultra-thin portable PCs.

Global Lithium-Ion Battery Market Key Developments, Insights, and Trends:

Players in the lithium-ion battery ecosystem are expanding or establishing new production facilities to meet the growing demand for lithium-ion batteries.

In July 2019, Tata Chemicals announced plans to establish a new lithium-ion manufacturing plant in Gujarat, India, to meet the surging demand for electric vehicles in the country.

In April 2019, Micropower Group unveiled plans to expand lithium-ion battery production by establishing a new manufacturing plant in Växjö, Sweden.

Global Lithium-Ion Battery Market, by Region:

The Asia Pacific lithium-ion battery market, particularly China, currently dominates the global market, accounting for a substantial share. China is expected to contribute over 45% of the global market revenue, followed by Japan with approximately 30%. The dominance of China is attributed to the increased adoption of electric buses and bikes, driven by stringent government environmental policies and favorable subsidies. Meanwhile, the European market is projected to experience significant growth during the forecast period, driven by increased production capacity to cater to regional demands for large utility projects, residential storage, and electric vehicles.

Global Lithium-Ion Battery Market Size and Forecast: Competition Landscape:

Key players based in China, such as BYD, TianJin Lishen Battery Joint-Stock CO.,LTD., and Contemporary Amperex Technology Co. Ltd., are expanding their production capacities to meet the growing demand for lithium-ion batteries in electric vehicles. They are also targeting emerging markets such as India and Brazil for revenue opportunities.

In February 2019, BYD Co. Ltd. announced plans to establish a new 20 GWh electric vehicle battery manufacturing facility in Chongqing Municipality, China, with an estimated investment of approximately US$ 1.5 billion.

South Korea-based companies are focusing on expanding their presence in Southeast Asian countries, while Europe-based companies are concentrating on enhancing their production capacity.

Some key Lithium-Ion Battery market players include:

LG Chem Ltd.

Samsung SDI Co. Ltd

Tesla, Inc.

BYD Co. Ltd.

Contemporary Amperex Technology Co. Limited

Johnson Controls International plc

TianJin Lishen Battery Joint-Stock CO.,LTD.

Sony Corporation

Sanyo Panasonic

Saft Groupe S.A.

Duracell Inc.

Guoxuan High-tech Co. Ltd.

OptimumNano Co. Ltd.

First New Energy

Research Scope:

By Product Type:

Cylindrical

Prismatic

Laminate

By Technology Type:

LiFePO

NMC

NCA

LCO

LMO

LTO

By Application:

Automotive

E-bikes

Cellular Phones

Portable PCs

Tablets

Camcorders

Power Tools

Others

[adityarana1687-blog]

E-bikes Market To Reach $52.37 Billion By 2030 | CAGR: 14.5%

The global e-bikes market size is expected to reach USD 52.37 billion by 2030, expanding at a CAGR of 14.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. Electric bikes are considered an eco-friendly and flexible mode of transportation. They are an ideal substitute for public transport, scooters, and smart cars as they help avoid traffic jams and achieve high speed with minimal effort. Moreover, they enable riders to maintain a healthy lifestyle through increased physical activity. These factors are contributing to the growth of the global market.

The declining consumer inclination toward cars owing to increased traffic on streets and growing urbanization is expected to offer lucrative growth opportunities for the market across the globe. Additionally, governments of several countries, including India, U.K., and Canada, are focused on developing infrastructures for bicycles owing to the growing consumer preferences for electric bikee-bikes. For instance, in 2017, Bikeep, a commercial bike parking systems and bike racks manufacturer, introduced a smart bicycle rack solution that offers electric bicycle charging. The solution is designed to cater to various popular electric bicycles.

Key players in the market are focused on strategies such as new product launch and geographic expansion to enhance their business operations and product offerings. For instance, in October 2020, Giant Manufacturing Co. Ltd. announced the launch of a full-composite trail bike, Trance X Advanced Pro 29. The bike is equipped with an updated Maestro rear suspension and flip-chip feature that permits riders to modify the frame geometry. Similarly, in October 2020, Pedego Electric Bikes opened a new store in Boca Raton, Florida. The store offers a full range of electric bikes for rental and sale, along with related accessories and services.

 Request a free sample copy or view report summary: E-bikes Market Report

E-bikes Market Report Highlights

The pedal-assisted segment is expected to dominate the market over the forecast period owing to the rising demand for pedal-assisted e-bikes among the youth and elderly population

The lead-acid battery segment dominated the market with a 55.2% market share in 2022, owing to benefits such as low cost and robustness. However, the share is anticipated to decline as a result of a significant rise in demand for Li-ion batteries

The Asia Pacific is expected to become the largest regional market over the forecast period owing to significant investments in the vehicle charging infrastructure and government subsidies for battery-powered vehicles

E-bikes Market Segmentation

Grand View Research has segmented the global e-bikes market based on propulsion type, battery type, power, application, and region:

E-bikes Propulsion Type Outlook (Revenue, USD Million, 2018 - 2030)

Pedal-assisted

Throttle-assisted

E-bikes Battery Type Outlook (Revenue, USD Million, 2018 - 2030)

Lithium-ion Battery

Lead-acid Battery

E-bikes Power Outlook (Revenue, USD Million, 2018 - 2030)

Less than or equal to 250W

Above 250W

E-bikes Application Outlook (Revenue, USD Million, 2018 - 2030)

City/Urban

Trekking

Cargo

Others

E-bikes Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Europe

U.K.

Germany

France

Asia Pacific

China

Japan

India

Australia

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

Saudi Arabia

South Africa

UAE

List of Key Players in E-bikes Market

Accell Group N.V.

Aima Technology Group Co. Ltd.

Giant Manufacturing Co. Ltd.

Merida Industry Co., Ltd.

Pedego Electric Bikes

Pon.Bike

Rad Power Bikes Inc.

Trek Bicycle Corporation

Yadea Group Holdings Ltd.

Yamaha Motor Company

[david843346]

Automotive Tubeless Tires Market to grow by CAGR of ~6% During 2022-2031

Research Nester published a report titled “Automotive Tubeless Tires Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global automotive tubeless tires marketin terms of market segmentation by type, vehicle type, distribution channel, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global automotive tubeless tires market is anticipated to grow with a CAGR of 6% over the forecast period, i.e., 2022 – 2031. The market is segmented by vehicle type into two wheelers, passenger cars, and commercial vehicles. Out of this, passenger car segment is anticipated to garner significant revenue in the coming years on account of the adoption of electric vehicles, an increase in the number of passenger cars in developing countries, and an increase in per capita income. In the U.S. economy from 1870 to 2018, the GDP per person has grown at ~2% per year with very short deviations. By selling 3 million new passenger cars, China boosted its sales to 170% in 2021.

The global automotive tubeless tires market is estimated to garner a revenue of USD 240 Billion by the end of 2031, up from a revenue of USD 190 million in the year 2021. Increased raise of two-wheelers, a prominent decline of flat tires with decreased repair facilities, increased production of vehicles with tubeless tires are some major factors anticipated to drive the growth of market size in the forecast period.

Geographically, the global automotive tubeless tires market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of these, The Asia Pacific region is projected to garner significant revenue by the end of 2031. The sales of passenger cars in the Asia Pacific and Middle East were estimated to be 33 million cars in 2021 with 20 million cars from China.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Surge in Advancements of Technology for Safety and Reliability to Drive Market Growth

Electric vehicles are on boost with electric bikes and cars trending in the market with the advancement of electric batteries in place of fuel. The sales share of new electric cars grew from 1% in 2015 to 14% in 2020. The advancement of this technology in the tire manufacturing industry is estimated to drive the growth opportunities of the market. These tubeless tires are turned into intelligent tires with eco-friendly, and safer with more shelf life. The new advancement includes a self-sealing option where the puncture closes on its own with a squirt of liquid. This helps to reduce fuel costs and expenses in the market and aids in the conservation of fuel reserves. The consumption of fuel is reduced by 0.2% for four tires for one pound of pressure decrease. And milage can be increased by an average of 0.6% up to 3%.

However, high price of raw materials, shortage of supply, and ban of import and export which are expected to operate as key restraint to the growth of global automotive tubeless tires market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global automotive tubeless tires market which includes company profiling of The Goodyear Tyre & Rubber Company, Bridgestone Corporation, Continental AG, MICHELIN Group, MRF (Madras Rubber Factory), Pirelli Tyre & C.S.p.A, Copper Tire & Rubber Company, CEAT Ltd., Yokohama Tire Corporation, Toyo Tire Corporation. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global automotive tubeless tires market that will help industry consultants, equipment manufacturers, 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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