Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Wheelchair Tires Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.6% during the review period (2022 to 2027).
Wheelchair Tires Market Overview
Wheelchair tires are pneumatic rubber devices that offer contact between the wheelchair and the ground. They come in diverse sizes, shapes, and tread patterns to meet the needs of numerous types of wheelchairs and applications. Wheelchair tires must be strong enough to support the weight of the wheelchair and its passengers, as well as withstand typical wear-and-tear conditions.
The growth aspects of the Wheelchair Tires Market include the growing prevalence of people with mobility impairment and geriatrics, increasing demand for lightweight wheelchairs, technological advancements in wheelchair design is anticipated to drive the market. In addition to this, rising awareness about the benefits of wheelchair tires is also predicted to positively influence growth.
Growing demand for powered wheelchairs, technological advancements in the wheelchair tires business, and the increasing geriatric population are some of the main factors driving the growth of the wheelchair tires market.
Who are the Major Players in the Wheelchair Tires Market?
The global Wheelchair Tires includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Schwalbe, Kenda Tires, Cheng Shin Rubber Ind. Co., Ltd. (Taiwan:2105.TW), Primo, INNOVA, Continental, MBL, Greentyre, IRC, CEW, Seven Stars, Panaracer, Invacare Corporation and others.
Industry News and Updates:
February 2022, Invacare Corporation announced the introduction of its next generation of power assist devices, the e-fix eco. The e-fix eco e-fix eco power assist transforms a manual wheelchair into a portable power chair via a joystick, battery, and in-wheel motors.
What are the major Applications, Types, and Regions for the Wheelchair Tires Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- Air Filled Wheelchair Tires
- Solid Wheelchair Tires
- Foam Filled Wheelchair Tires
By Application, it is segmented into
- Manual Wheelchair
- Electric Wheelchair
Wheelchair Tires Market Regional Analysis
The North America and Europe regions are dominating the Global Market with the highest market stake and is predicted to grow substantially and dominate the Global Power Wheelchair Tires Market throughout the forecast period.North America is anticipated to register the maximum market share during the forecast period owing to the increasing prevalence of chronic disease and the rising number of patients with mobility issues.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Wheelchair Tires Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 8.6% over the forecast period (2022-2027)
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By Type
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- Air Filled Wheelchair Tires
- Solid Wheelchair Tires
- Foam Filled Wheelchair Tires
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By Application
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- Manual Wheelchair
- Electric Wheelchair
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By Companies
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Schwalbe, Kenda Tires, Cheng Shin Rubber, Primo, INNOVA, Continental, MBL, Greentyre, IRC, CEW, Seven Stars, Panaracer and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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122
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Wheelchair Tires Report
- Evaluate Wheelchair Tires market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.
- Get a quick outlook on the Wheelchair Tires market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
Frequently Asked Questions
What is the study period of this market?
The Wheelchair Tires Market is studied from 2017 - 2027.
What is the growth rate of the Wheelchair Tires Market?
The Wheelchair Tires Market is growing at a CAGR of 8.6% over the next 5 years.
Who are the key players in Wheelchair Tires Market?
Schwalbe, Kenda Tires, Cheng Shin Rubber, Primo, INNOVA, Continental, MBL, Greentyre, IRC, CEW, Seven Stars, Panaracer and others.
What regions does this Wheelchair Tires Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Wheelchair Tires Market?
Air Filled Wheelchair Tires, Solid Wheelchair Tires, Foam Filled Wheelchair Tires
What are the major end-use applications of Wheelchair Tires Market?
Manual Wheelchair, Electric Wheelchair
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
