Tire Testing Machine Market Poised to Expand at 4.6% CAGR by 2031: Key Insights and Growth Drivers

Tire Testing Machine Market
Tire Testing Machine Market

Tires are crucial components in modern vehicles, impacting both performance and safety. Tire testing machines assess tires in various conditions, checking material properties and ensuring vehicle safety. As tire specifications continually adapt to meet the diverse needs of industries such as automotive, aerospace, and defense, tire testing equipment is increasingly sophisticated in evaluating different tire profiles.

In its latest report, the ESOMAR-certified consulting firm Future Market Insights (FMI) provides insights into the key factors driving the demand for tire testing machines globally. The study examines tire testing machine sales in high-growth markets and explores the impact of COVID-19 on both the tire industry at large and the tire testing machine sector specifically.

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Tires play a pivotal role in today’s vehicles. Given the conditions vehicles have to ride on, tires are required to perform under extreme conditions in terms of weather, driving characteristics, and serve longer miles before they wear out. Product innovations, patent filings, technical developments, research, and tire testing have paved way for the entry of many tire testing machine manufacturers. Most of the investments have been focused on the improvement of machine compatibility, its performance and its output. According to FMI’s analysis, on the back of these factors, tire testing machine will grow at 4.6% CAGR between 2021 and 2031.

The key players in the tire testing machine market are actively engaged in various forms of partnerships with tire manufacturers and automotive OEMs to help them address a large market. These partnerships are creating new avenues for product development, its market positioning, improving the product value, its lifecycle, and easy deployment of product into the market. They are providing a stimulus in the Tire Testing Machine market.

Some of the leading companies operating in the market are:

  • MTS Systems Corporation;
  • A&D Technology
  • Burke Porter Group
  • AMETEK,Inc.
  • TMSI  LLC
  • Kistler Group
  • Kobelco Technology
  • Kokusai Co. Ltd
  • ZF Friedrichshafen AG
  • Zwick Roell LP
  • Calspan Corporation
  • Qingdao GaoCe Technology Co., LTD
  • Leonardo Automation

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

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Tire Testing Machine Market by Segments

Machine Type

  • Flat Belt Tire Testing Machine
  • Rolling Resistance Testing Machine
  • Dynamic Contact Testing Machine
  • Tire Balancing Machine
  • Drum Tire Testing Machine
  • Endurance Testing Machine
    • 2 Position
    • 4 Position
  • Endurance + High Speed Testing Machine
  • Tire Force & Moment Measurement Systems
  • Plunger Test & Bead Unseating Test machine
  • Tire Stiffness & Footprint Measurement machine
  • Tire Tread Wear Simulation Systems
  • Run Flat tire Durability Tester
  • Load Tester
  • Uniformity Tester

Application

  • Two Wheelers Tire Testing Machine
  • Four Wheelers Tire Testing Machine
    • Passenger Cars Tire Testing Machine
    • Motorsports Tire Testing Machine
    • Heavy Commercial Vehicles Tire Testing Machine
  • Industrial & Off-road vehicles Tire Testing Machine
  • Aircraft Tire Testing Machine
  • Defence Vehicles Tire Testing Machine

Operation

  • Automatic Tire Testing Machine
  • Manual Tire Testing Machine

End-use

  • Automotive
    • OEMs
    • Repair & Maintenance Service Stations
    • Tire Dealers & Specialty Shops
  • Aerospace
  • Tire Manufacturers
  • Other Testing, Research & Certification Agencies

Region

  • North America
  • Latin America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
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sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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