Get In Touch

Tire Building Machinery Market: Introduction

  • Tire manufacturers are increasingly adopting automation solutions in their production process to enhance their production capacity and product quality.
  • Leading vendors are looking for tire manufacturing machines which come with high production output and low maintenance cost as well as low manpower requirement.
  • With technological advancement, tire building machinery is enable to produce large tire dimensions and new tires with sophisticated designs. Therefore, integration of automation solutions in tire building machinery is expected to drive the market in the next few years.

Tire Building Machinery Market: Dynamics

  • Increase in demand for replacement tires in passenger and commercial vehicles due to various factors such as constant exposure to wear and tear, harsh road conditions, need for seasonal tires, and changing consumer perspective, is expected to drive the market. In commercial vehicles, tires have a short life span and they need to be replaced after completion of five years of service period. Both developed and developing countries are witnessing a rising demand for replacement tires and this encourages manufacturers to enhance the production capacity of tire plants. Hence, rise in demand for replacement tires is expected to drive the market in the near future.
  • The building machinery companies are increasingly adopting automation solutions in their manufacturing process to increase its productivity and decrease their maintenance cost, which is likely to supplement the growth of tire building machinery market
  • Adoption of IoT in tire manufacturing is projected to advance the growth of the tire building industry.
  • Automotive industry is expanding significantly and it leads to increase in number of newly designed car models. Different car models require tires of different patterns and sizes. However, tire manufacturers find it difficult to manufacture specific tires as per requirement, as it results in changing the entire tire-building process. Thus, frequent changes in tire specifications are likely to hinder the tire building machinery market.

Planning to lay down future strategy? Perfect your plan with our Report Brochure

tire building machinery market

Tire Building Machinery Market: Segmentation Analysis

  • Based on structure, the global tire building machinery market can be divided into bias tire and radial tire.
  • Based on application, the global tire building machinery market can be divided into commercial vehicle and passenger vehicle. The passenger vehicle segment accounted for leading share of the tire building machinery market in 2018. This application segment is expected to maintain its dominance in the global tire building machinery market throughout the forecast period.

Asia Pacific to Lead the Global Market for Tire Building Machinery

  • In terms of region, the global tire building machinery market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is likely to witness the maximum demand for tire building machinery from 2019 to 2027, followed by EMEA and America. Major manufacturers of tire building machinery have been investing heavily in emerging countries including China and India, especially in the passenger vehicle
  • APAC region is expected to maintain its leading position over the forecast period in global tire building machinery market.

Key Manufacturers Operating in Market

The global tire building machinery market was highly competitive in 2018. Key manufacturers operating in the global market are:

  • Harburg-Freudenberger Maschinenbau GmbH
  • Larsen & Toubro Limited
  • Mitsubishi Heavy Industries Ltd.
  • TKH Group NV
  • Shenyang Blue Silver Industry Automatic Equipment Co Ltd.

Looking for Exclusive Market Insights from Business Experts? Request a Custom Report 

Tire Building Machinery Market: Competitive Landscape            

tire building machinery market 1

Global Tire Building Machinery Market: Research Scope

Tire Building Machinery Market, by structure

  • Bias Tire
  • Radial Tire

Tire Building Machinery Market, by application

  • Passenger vehicles
  • Commercial vehicles

Global Tire Building Machinery Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
tire building machinery market 2


This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Tire Building Machinery Market