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The next 10 years to witness an upswing in the Motorcycle Tires Market

Motorcycle tires are the external part of a motorcycle’s wheels and they are primarily attached to wheel rims, offering traction, and absorbing surface unevenness and anomalies. They are resistant to wear and tear and permit the rider to effectively turn the motorcycle via counter steering.

Contact with the front and rear tires is the ultimate connection of the motorcycle with the ground, thus the tires must be designed and manufactured according to safety standards and codes. An ideal tire is one wherein the bike’s suspension behavior adheres to braking, fuel economy, safety and noise level and offers a seamless riding experience.

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FACTS AT A GLANCE

Companies: Metro Tyres limited,Continental Corporation,Bridgestone Corporation,Kenda Tires,Michelin,LEVORIN,Pirelli & C. S.p.A,Dunlop,MRF,CEAT Ltd.

Coverage: All major geographies and key segments

Segments: Motorcycle Tires Market Segmented By product type such as Tubed Tire, Tubeless Tire and Solid Tire with tire type such as Front Tire and Rear Tire

Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

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ABSTRACT-

Motorcycle tires have evolved over a hundred years, starting with the invention of inflated tires in 1888 by John Boyd Dunlop. These were widely used in basic bicycles and particular initial motorcycle prototypes by 1895. Thereafter, they have been used extensively by all manufacturers and installed on all specialized and normal motorcycles ever since.

The research and development department holds substantial growth potential for the motorcycle tires market. Also, the market for motorcycle tires has increased owing to rising consumer inclination towards safety and an enhanced riding experience. Development in the overall motorcycle market is another factor spurring growth for the motorcycle tires market. Tires tend to wear at a fast rate as they are subjected to harsh climatic conditions; hence, they have a good replacement rate as compared to other parts of a motorcycle.

Moreover, if the condition of tires is not timely checked it can prove hazardous for the rider at the time of operation, hence tires must be replaced periodically for safety of the rider and greater performance of the motorcycle. The aftermarket for tires is expected to hold a major portion of the overall motorcycle market and is anticipated to grow with incremental prominence over the forecast period. Additionally, events such as the MotoGP, British Grand Prix and other motorcycle professional races will fuel growth of the motorcycle tires market in the near future.

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