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Global Tire Testing Machine Market Size study, by Product Type (Flat belt tire test machine, Rolling resistance rig, Dynamic patch test rig, Tire balancing machine) by Application (Dynamic Stiffness, Wear resistance, Durability and endurance, Wheel balancing) by Industry (Tire manufacturing, Automobile and heavy vehicles manufacturing, Aircraft manufacturing) and Regional Forecasts 2020-2027

May 2021 | 200 pages | ID: G84E35E6D9F8EN
Bizwit Research & Consulting LLP

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Global Tire Testing Machine Market is valued approximately USD 0.23 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6% over the forecast period 2020-2027. Tire Testing Machine is a type of machine that helps us to analyze or understand the performance of the tire in terms of noise, wear, grip, rolling behavior and resistance. The increasing use of automatic tire testing machine, which provide faster cyclic time, decrease the lead time, surge in productivity and provide appreciable benefits to vehicle owners. Additionally, increasing demand from the military owned countries for the military vehicles is increasing the demand for the tire testing machines. For instance, as per the Statista, global demand for tire car and light commercial vehicle tires had surpassed 1.6 billion units in 2018. In 2019, the Japanese multinational motor vehicle parts manufacturer Bridgestone Corporation was the world’s largest tire manufacturing which generate sales around USD 27billion. However, high cost of machines and infrastructure setup impedes the growth of the market over the forecast period of 2020-2027. Also, increasing population which contributes to the sales of vehicles is likely to increase the market growth during the forecast period.

Key regions such as Asia Pacific, North America, Europe, and Latin America are considered for the regional analysis of global Tire Testing Machine market. In terms of market share, North America is the leading region across the world owing to the increasing demand for the vehicles and also they have prominent market players such as Calspan Corporation, MTS System and Corp Ametek Inc. Whereas, Asia-Pacific is expected to exhibit highest growth rate over the forecast period 2020-2027. Factors such as increasing population which increases demand for the vehicles and low cost labor would create lucrative growth prospects for the Tire Testing Machine market across Asia-Pacific region.

Major market player included in this report are:
Altracon Group
Calspan Corporation
MTS Systems
Talurit
Smithers Group
Leonardo Automation
Tianjin Jiurong Wheel tech
VMI Holland
Ropper Technologies
A & D

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Flat belt tire test machine
Rolling resistance rig
Dynamic patch test rig
Tire balancing machine
By Application:
Dynamic Stiffness
Wear resistance
Durability and endurance
Wheel balancing
By Industry:
Tire manufacturing
Automobile and heavy vehicle manufacturing
Aircraft manufacturing
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Tire Testing Machine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1.EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
  1.2.1. Tire Testing Machine Market, by Region, 2018-2027 (USD Billion)
  1.2.2. Tire Testing Machine Market, by Product Type, 2018-2027 (USD Billion)
  1.2.3. Tire Testing Machine Market, by Application, 2018-2027 (USD Billion)
  1.2.4. Tire Testing Machine Market, by Industry, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL TIRE TESTING MACHINE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL TIRE TESTING MACHINE MARKET DYNAMICS

3.1. Tire Testing Machine Market Impact Analysis (2018-2027)
  3.1.1. Market Drivers
    3.1.1.1. Increasing use of automatic tire testing machine
    3.1.1.2. Increasing aircraft demand from the military owned countries
  3.1.2. Market Challenges
    3.1.2.1. High cost of machines
    3.1.2.2. High cost of infrastructure setup
  3.1.3. Market Opportunities
    3.1.3.1. Increasing purchasing capacity of vehicles

CHAPTER 4. GLOBAL TIRE TESTING MACHINE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL TIRE TESTING MACHINE MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Tire Testing Machine Market by Product Type, Performance - Potential Analysis
5.3. Global Tire Testing Machine Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
5.4. Tire Testing Machine Market, Sub Segment Analysis
  5.4.1. Flat belt tire test machine
  5.4.2. Rolling resistance rig
  5.4.3. Dynamic patch test rig
  5.4.4. Tire balancing machine

CHAPTER 6. GLOBAL TIRE TESTING MACHINE MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Tire Testing Machine Market by Application, Performance - Potential Analysis
6.3. Global Tire Testing Machine Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Tire Testing Machine Market, Sub Segment Analysis
  6.4.1. Dynamic Stiffness
  6.4.2. Wear resistance
  6.4.3. Durability and endurance
  6.4.4. Wheel balancing

CHAPTER 7. GLOBAL TIRE TESTING MACHINE MARKET, BY INDUSTRY

7.1. Market Snapshot
7.2. Global Tire Testing Machine Market by Industry, Performance - Potential Analysis
7.3. Global Tire Testing Machine Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
7.4. Tire Testing Machine Market, Sub Segment Analysis
  7.4.1. Tire manufacturing
  7.4.2. Automobile and heavy vehicle manufacturing
  7.4.3. Aircraft manufacturing

CHAPTER 8. GLOBAL TIRE TESTING MACHINE MARKET, REGIONAL ANALYSIS

8.1. Tire Testing Machine Market, Regional Market Snapshot
8.2. North America Tire Testing Machine Market
  8.2.1. U.S. Tire Testing Machine Market
    8.2.1.1. Product Type breakdown estimates & forecasts, 2017-2027
    8.2.1.2. Application breakdown estimates & forecasts, 2017-2027
    8.2.1.3. Industry breakdown estimates & forecasts, 2017-2027
  8.2.2. Canada Tire Testing Machine Market
8.3. Europe Tire Testing Machine Market Snapshot
  8.3.1. U.K. Tire Testing Machine Market
  8.3.2. Germany Tire Testing Machine Market
  8.3.3. France Tire Testing Machine Market
  8.3.4. Spain Tire Testing Machine Market
  8.3.5. Italy Tire Testing Machine Market
  8.3.6. Rest of Europe Tire Testing Machine Market
8.4. Asia-Pacific Tire Testing Machine Market Snapshot
  8.4.1. China Tire Testing Machine Market
  8.4.2. India Tire Testing Machine Market
  8.4.3. Japan Tire Testing Machine Market
  8.4.4. Australia Tire Testing Machine Market
  8.4.5. South Korea Tire Testing Machine Market
  8.4.6. Rest of Asia Pacific Tire Testing Machine Market
8.5. Latin America Tire Testing Machine Market Snapshot
  8.5.1. Brazil Tire Testing Machine Market
  8.5.2. Mexico Tire Testing Machine Market
8.6. Rest of The World Tire Testing Machine Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Top Market Strategies
9.2. Company Profiles
  9.2.1. Altracon Group
    9.2.1.1. Key Information
    9.2.1.2. Overview
    9.2.1.3. Financial (Subject to Data Availability)
    9.2.1.4. Product Summary
    9.2.1.5. Recent Developments
  9.2.2. Calspan Corp.
  9.2.3. MTS Systems
  9.2.4. Talurit
  9.2.5. Smithers Group
  9.2.6. Leonardo Automation
  9.2.7. Tianjin Jiurong Wheel Tech
  9.2.8. VMI Holland
  9.2.9. Roper Technologies
  9.2.10. A&D

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Tire Testing Machine market, report scope
TABLE 2. Global Tire Testing Machine market estimates & forecasts by Region 2017-2027 (USD Billion)
TABLE 3. Global Tire Testing Machine market estimates & forecasts by Product Type 2017-2027 (USD Billion)
TABLE 4. Global Tire Testing Machine market estimates & forecasts by Application 2017-2027 (USD Billion)
TABLE 5. Global Tire Testing Machine market estimates & forecasts by Industry 2017-2027 (USD Billion)
TABLE 6. Global Tire Testing Machine market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 7. Global Tire Testing Machine market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 8. Global Tire Testing Machine market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 9. Global Tire Testing Machine market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 10. Global Tire Testing Machine market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 11. Global Tire Testing Machine market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 12. Global Tire Testing Machine market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 13. Global Tire Testing Machine market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 14. Global Tire Testing Machine market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 15. Global Tire Testing Machine market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 16. U.S. Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 17. U.S. Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 18. U.S. Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 19. Canada Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 20. Canada Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 21. Canada Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 22. UK Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 23. UK Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 24. UK Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 25. Germany Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 26. Germany Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 27. Germany Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 28. RoE Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 29. RoE Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 30. RoE Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 31. China Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 32. China Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 33. China Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 34. India Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 35. India Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 36. India Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 37. Japan Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 38. Japan Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 39. Japan Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 40. RoAPAC Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 41. RoAPAC Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 42. RoAPAC Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 43. Brazil Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 44. Brazil Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 45. Brazil Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 46. Mexico Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 47. Mexico Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 48. Mexico Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 49. RoLA Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 50. RoLA Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 51. RoLA Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 52. Row Tire Testing Machine market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 53. Row Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 54. Row Tire Testing Machine market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Tire Testing Machine market
TABLE 56. List of primary sources, used in the study of global Tire Testing Machine market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered


LIST OF FIGURES

FIG 1. Global Tire Testing Machine market, research methodology
FIG 2. Global Tire Testing Machine market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Tire Testing Machine market, key trends 2019
FIG 5. Global Tire Testing Machine market, growth prospects 2020-2027
FIG 6. Global Tire Testing Machine market, porters 5 force model
FIG 7. Global Tire Testing Machine market, pest analysis
FIG 8. Global Tire Testing Machine market, value chain analysis
FIG 9. Global Tire Testing Machine market by segment, 2017 & 2027 (USD Billion)
FIG 10. Global Tire Testing Machine market by segment, 2017 & 2027 (USD Billion)
FIG 11. Global Tire Testing Machine market by segment, 2017 & 2027 (USD Billion)
FIG 12. Global Tire Testing Machine market by segment, 2017 & 2027 (USD Billion)
FIG 13. Global Tire Testing Machine market by segment, 2017 & 2027 (USD Billion)
FIG 14. Global Tire Testing Machine market, regional snapshot 2017 & 2027
FIG 15. North America Tire Testing Machine market 2017 & 2027 (USD Billion)
FIG 16. Europe Tire Testing Machine market 2017 & 2027 (USD Billion)
FIG 17. Asia pacific Tire Testing Machine market 2017 & 2027 (USD Billion)
FIG 18. Latin America Tire Testing Machine market 2017 & 2027 (USD Billion)
FIG 19. Global Tire Testing Machine market, company market share analysis (2019)


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