Tire Testing Machine Market Introduction and Overview
According to SPER Market Research, the Global Tire Testing Machine Market is estimated to reach USD 0.82 billion by 2033 with a CAGR of 4.93%.
The report includes an in-depth analysis of the Global Tire Testing Machine Market, including market size and trends, product mix, distribution channels, and supplier analysis. A tyre testing machine simulates real-world conditions and measures tyre behaviour to assess tyre performance, safety, and durability. In order to evaluate traction, braking, handling, wear resistance, and other factors, it imitates different road conditions and applies forces. With its sophisticated hardware and sensors, it collects accurate data for analysis. Common tests include those for loudness, homogeneity, traction, tread wear, and rolling resistance. The information gathered helps tyre producers meet regulatory requirements and make design and material advancements. Tyre testing equipment promotes ongoing innovation and guarantees that consumers will receive high-quality, secure, and performance tyres.
- Rising demand for high-quality tyres: A growing need for modern tyre testing equipment is being caused, as safety and performance become more and more of a priority.
- Technology improvements in the automotive industry: New vehicle types like electric and driverless vehicles, which are constantly being developed, call for tyre testing equipment that can assess their particular performance characteristics.
Market Opportunities and Challenges
The market for tyre testing equipment presents both opportunities and difficulties. Technology improvements offer possibilities for incorporating artificial intelligence (AI), machine learning, and data analytics into tyre testing equipment. Opportunities for specialised testing equipment are presented by the rising demand for electric and driverless vehicles. Market expansion can be facilitated by focusing on sustainability and expanding into new markets.
The tire testing machine market faces several challenges, including the high cost of advanced equipment, the need to stay updated with rapid technological advancements, complex testing requirements, stringent regulatory standards, and intense global competition. However, by overcoming these hurdles and capitalizing on the available opportunities, the market can thrive. Key factors to succeed include finding cost-effective solutions for sophisticated equipment, actively adapting to emerging technologies, streamlining testing specifications, ensuring compliance with regulations, and adopting competitive strategies to outperform rivals in the international arena. By addressing these issues and seizing the opportunities, the tire testing machine market has the potential to flourish.
Market Competitive Landscape
The tire testing machine market is characterized by moderate competition, with multiple players operating in the industry. The key players in the Global Tire Testing Machine market include A&D Technology, AMETEK, Inc, Burke Porter Group, Kistler Group, Kobelco Technology Co. Ltd, MTS Systems Corporation, TMSI LLC, ZF Friedrichshafen AG, Zwick Roell LP, Others.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Machine Type, By Application, By Operation, By End User
|
Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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Companies Covered | A&D Technology, AMETEK, Inc, Burke Porter Group, Kistler Group, Kobelco Technology Co. Ltd, MTS Systems Corporation, TMSI LLC, ZF Friedrichshafen AG, Zwick Roell LP, Others |
COVID-19 Impact on Global Tire Testing Machine Market
The COVID-19 pandemic had a conflicting effect on the market for tyre testing equipment. Due to the slump in the automotive industry, it had negative repercussions such supply chain disruptions and decreased demand. However, it also produced beneficial results, such as a sharper focus on quality and safety, a faster adoption of technology, a move towards online platforms for sales and demos, and a spurt in product creation. Despite the difficulties, producers who adjusted to the new environment and took advantage of the opportunities were able to successfully manage the pandemic's effects.
Key Target Audience:
- Automotive Enthusiasts and Motorsport Industry
- Automotive Industry
- Research and Development Institutions
- Regulatory Authorities
- Testing and Certification Agencies
- Tire Manufacturers
- Tire Retailers and Distributors
- Others
Our in-depth analysis of the Tire Testing Machine Market includes the following segments:
By Machine Type :
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Drum Tire Testing
Dynamic Contact
Endurance and High Speed
Endurance Tire Testing
Flat Belt
Load Tester
Plunger Test &Bead Unseating
Rolling Resistance
Run Flat Tire Durability Tester
Tire Balancing
Tire Force and Moment Measurement
Tire Stiffness &Footprint Measurement
Tire Trend Wear Simulation
Uniformity Test
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By Application :
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Aircraft
Defence Vehicles
Four Wheelers
Industrial & Off-road Vehicles
Two Wheelers
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By Operation :
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Automatic
Manual
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By End User :
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Aerospace
Automotive
Tire Manufacturers
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Key Topics Covered in the Report:
- Global Tire Testing Machine Market Size (FY’2023-FY’2033)
- Overview of Global Tire Testing Machine Market
- Segmentation of Global Tire Testing Machine Market By Machine Type (Flat Belt , Rolling Resistance, Dynamic Contact, Tire Balancing, Endurance Tire Testing, Endurance and High Speed, Tire Force and Moment Measurement, Plunger Test &Bead Unseating, Tire Stiffness & Footprint Measurement, Tire Trend Wear Simulation, Run Flat Tire Durability Tester, Load Tester, Uniformity Test, Drum Tire Testing, Others.)
- Segmentation of Global Tire Testing Machine Market By Application (2 Wheelers, 4 Wheelers, Industrial Off-road Vehicles, Aircraft, Defence Vehicles.)
- Segmentation of Global Tire Testing Machine Market By Operation (Automatic, Manual)
- Segmentation of Global Tire Testing Machine Market By End User (Automotive, Aerospace, Tire Manufacturers, Others.)
- Statistical Snap of Global Tire Testing Machine Market
- Expansion Analysis of Global Tire Testing Machine Market
- Problems and Obstacles in Global Tire Testing Machine Market
- Competitive Landscape in the Global Tire Testing Machine Market
- Impact of COVID-19 and Demonetization on Global Tire Testing Machine Market
- Details on Current Investment in Global Tire Testing Machine Market
- Competitive Analysis of Global Tire Testing Machine Market
- Prominent Players in the Global Tire Testing Machine Market
- SWOT Analysis of Global Tire Testing Machine Market
- Global Tire Testing Machine Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Tire Testing Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Tire Testing Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Tire Testing Machine Market
7. Global Tire Testing Machine Market, By Machine Type (USD Million)
7.1. Global Tire Testing Machine Market Value Share and Forecast, By Machine Type, 2023-2033
7.2. Drum Tire Testing
7.3. Dynamic Contact
7.4. Endurance and High Speed
7.5. Endurance Tire Testing
7.5.1. 2 Position
7.5.2. 4 Position
7.6. Flat Belt
7.7. Load Tester
7.8. Plunger Test &Bead Unseating
7.9. Rolling Resistance
7.10. Run Flat Tire Durability Tester
7.11. Tire Balancing
7.12. Tire Force and Moment Measurement
7.13. Tire Stiffness &Footprint Measurement
7.14. Tire Trend Wear Simulation
7.15. Uniformity Test
7.16. Others
8. Global Tire Testing Machine Market, By Application (USD Million)
8.1. Global Tire Testing Machine Market Value Share and Forecast, By Application, 2023-2033
8.2. Aircraft
8.3. Defence Vehicles
8.4. Four Wheelers
8.4.1. Heavy Commercial Vehicles
8.4.2. Motorsports
8.4.3. Passenger Cars
8.5. Industrial & Off-road Vehicles
8.6. Two Wheelers
9. Global Tire Testing Machine Market, By Operation (USD Million)
9.1. Global Tire Testing Machine Market Value Share and Forecast, By Operation, 2023-2033
9.2. Automatic
9.3. Manual
10. Global Tire Testing Machine Market, By End User (USD Million)
10.1. Global Tire Testing Machine Market Value Share and Forecast, By End User, 2023-2033
10.2. Aerospace
10.3. Automotive
10.3.1. OEMs
10.3.2. Repair & Maintenance Service Stations
10.3.3. Tire Dealers & Speciality Shops
10.4. Tire Manufacturers
10.5. Other Testing, Research & Certification Agencies
11. Global Tire Testing Machine Market Forecast, 2019-2033 (USD Million)
11.1. Global Tire Testing Machine Market Size and Market Share
12. Global Tire Testing Machine Market, By Machine Type, 2019-2033 (USD Million)
12.1. Global Tire Testing Machine Market Size and Market Share By Machine Type (2019-2026)
12.2. Global Tire Testing Machine Market Size and Market Share By Machine Type (2027-2033)
13. Global Tire Testing Machine Market, By Application, 2019-2033 (USD Million)
13.1. Global Tire Testing Machine Market Size and Market Share By Application (2019-2026)
13.2. Global Tire Testing Machine Market Size and Market Share By Application (2027-2033)
14. Global Tire Testing Machine Market, By Operation, 2019-2033 (USD Million)
14.1. Global Tire Testing Machine Market Size and Market Share By Operation (2019-2026)
14.2. Global Tire Testing Machine Market Size and Market Share By Operation (2027-2033)
15. Global Tire Testing Machine Market, By End User, 2019-2033 (USD Million)
15.1. Global Tire Testing Machine Market Size and Market Share By End User (2019-2026)
15.2. Global Tire Testing Machine Market Size and Market Share By End User (2027-2033)
16. Global Tire Testing Machine Market, By Region, 2019-2033 (USD Million)
16.1. Global Tire Testing Machine Market Size and Market Share By Region (2019-2026)
16.2. Global Tire Testing Machine Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific
16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. A&D Technology
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. AMETEK,Inc
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Burke Porter Group
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Calpan Corporation
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Kistler Group
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Kobelco Technology
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Kokusai
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Leonardo-Test Industry Group
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. MTS Systems Corporation
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Qingdao GaoCe Technology Co. Ltd
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. TMSI
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. ZF Friedrichshafen AG
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. Zwick Roell LP
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
17.14. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope