DUBLIN--(BUSINESS WIRE)--The "Global Tire Building Machinery Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The tire building machinery market will register a CAGR of almost 3% by 2023.
Tire building machinery companies are increasingly using automation solutions to manufacture their product. This have allowed them to increase their productivity and lower their maintenance costs. This will be a key trend driving the growth of the market during the forecast period.
According to the report, one of the major drivers for this market is the increasing demand for replacement tires across the world. The demand for both passenger and commercial vehicle tires is expected to increase during the next five years which will lead to tire building machinery market growth.
Further, the report states that one of the major factors hindering the growth of this market is the frequent changes in tire specifications. Tire manufacturers find it difficult to produce specific tires as it requires a change in the whole tire building process. This hampers the growth of the tire building machinery market.
Key Players
- Harburg-Freudenberger Maschinenbau
- Larsen & Toubro
- Mitsubishi Heavy Industries
- Shenyang Blue Silver Industry Automation Equipment
- TKH Group
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Passenger vehicle - Market size and forecast 2018-2023
- Commercial vehicle - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
- Automation in tire building machinery
- Growing adoption of IoT in tire manufacturing
- Emergence of self-inflating tires (SITs)
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Harburg-Freudenberger Maschinenbau
- Larsen & Toubro
- Mitsubishi Heavy Industries
- Shenyang Blue Silver Industry Automation Equipment
- TKH Group
For more information about this report visit https://www.researchandmarkets.com/research/bnm2mf/tire_building?w=4
