Wednesday, 29 July 2020

United Kingdom Tire Market to Undergo Formidable Growth through 2025 – TechSci Research

Expanding production and demand for vehicles to drive United Kingdom tire market
According to TechSci Research report, “United Kingdom Tire Market By Vehicle Type (Passenger Car Tires, Light Commercial Vehicle Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires, Two-Wheeler Tires), By Design (Radial, Bias), By Rim Size (Less than 15 inches, 15-20 inch, More than 20 inch), By Season Type (Summer, Winter, All Seasons), By End Use (OEM, Replacement), By Region, Forecast & Opportunities, 2025”, the United Kingdom tire market is expected to witness a significant growth during the forecast period owing to the large and ever expanding vehicle fleet size in the country. The increasing production of both commercial and passenger vehicles, to meet the growing demand is acting as a major factor for the growth of United Kingdom tire market. Additionally, spike in sales of passenger vehicles due to the high per capita disposable income is accelerating the demand for tires in the country. Manufacturers are also coming up with advanced products like ecological, flat-run and nitrogen-based tires, that are environment-friendly. This is further anticipated to fuel the United Kingdom tire market in the coming years.
Moreover, thriving electric vehicles market is also one of the key factors creating the demand for tires. The strict emission laws and subsidies provided by the United Kingdom government is propelling the demand for electric vehicles, which in turn is supporting the tire industry. Further, the reduction in rubber prices is expected to boost the growth of tire market. However, UK's completion of the withdrawal from the European Union in December ,2019 is likely to impact the tire industry and domestic trade inflows.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on "United Kingdom Tire Market"
United Kingdom tire market is segmented based on vehicle type, design, rim size, season type, end use and region. Based on vehicle type, the market is segmented into passenger car tires, light commercial vehicle tires, medium and heavy commercial vehicle tires, Off-The-Road (OTR) tires and two-wheeler tires. Among them, the passenger car tires segment is expected to undergo high growth during the forecast period owing to rise in number of passenger car vehicle registration in United Kingdom. The increasing car production is further making passenger car tire market the dominant segment.
Based on season type, the United Kingdom tire market is segmented into summer, winter and all seasons. Among them, the all seasons tires held largest market share in 2019 and are further expected to hold clear dominance during the forecast period owing to their increased use in automobiles. Their all-round performance, reliability and durability are making them the preferred choice among both automobile manufacturers and consumers.
Major players operating in the United Kingdom tire market include Michelin Tyre plc, Pirelli UK Tyres Ltd, Cooper Tire & Rubber Co Europe Ltd, Goodyear Dunlop Tyres UK Ltd, Continental Tyre Group Ltd., Bridgestone United Kingdom Limited, Hankook Tyre UK Limited, Kumho Tyre UK Limited, Toyo Tires (UK) Limited and Yokohama HPT Limited. Manufacturers are undertaking growth strategies like partnerships, mergers & acquisitions to increase their market share in United Kingdom.
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“The strong economy of United Kingdom is making it one of the largest consumers of automobiles, especially passenger cars. This provides lucrative growth opportunity for tire manufacturers. A major portion of demand for tires comes from London and South East region owing to their high level of urbanization and large automobile fleet size. Besides, government push for adoption of electric fuel is anticipated to positively impact the growth of the market.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United Kingdom Tire Market By Vehicle Type (Passenger Car Tires, Light Commercial Vehicle Tires, Medium and Heavy Commercial Vehicle Tires, Off-The-Road (OTR) Tires, Two-Wheeler Tires), By Design (Radial, Bias), By Rim Size (Less than 15 inches, 15-20 inch, More than 20 inch), By Season Type (Summer, Winter, All Seasons), By End Use (OEM, Replacement), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States tire market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United Kingdom tire market.
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Global Run Flat Tire Market By Vehicle Type (Passenger Cars, LCV, HCV), By Tire Type (Self Supporting Type, Support Ring Type), By Rim Size (17 Inch, 18 Inch, 19 Inch, 20 Inch, 23 Inch, 24 Inch, Others), By Sales Channel (OEM v/s Aftermarket), By Application (Military, VIP cars, High Value Cargo Carriers, Others), By Region, Competition, Forecast & Opportunities, 2025


Global Airless Tires Market, By Type (Radial and Bias), By Vehicle (Military Vehicles, LCV, HCV, Terrain Vehicles, Utility Vehicles and Others), By Material (Rubber and Plastic), By Tire Size (Less than 20 inches, 21-25 inches and Others), By Sales Channel (OEMs and Aftermarket), By Region, By Company, Competition, Forecast & Opportunities, 2025

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Adalimumab Market to Undergo Substantial Growth through 2025 -TechSci Research

Rising prevalence of arthritis & Crohn’s disease and increasing geriatric population to drive global adalimumab market
According to TechSci Research report, “Global Adalimumab Market By Type (Adalimumab, Adalimumab Biosimilar), By Type of Disease (Rheumatoid Arthritis, Psoriatic Arthritis, Psoriasis, Crohn’s Disease, Ulcerative Colitis), By Route of Administration (Parenteral, Others), By End Users (Hospitals, Specialty Clinics, Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others), By Region, Forecast & Opportunities, 2025”, the global adalimumab market is expected to witness a significant CAGR during the forecast period owing to increasing prevalence of arthritis around the world. The burgeoning elderly population are acting as key factor behind the growing demand for adalimumab, as most women suffer from arthritis during old age due to the loss of calcium in their body. Furthermore, sedentary lifestyle is leading to another medical condition called psoriasis, whose treatment requires adalimumab drugs. Manufacturers are undergoing extensive clinical trials and R&D activities, which in turn is fueling the growth of this market. With increasing investment and growth in healthcare sector, global adalimumab market is expected to witness high growth through 2025.
Additionally, the availability of well-structured regulatory framework and reimbursement coverage provided in various countries are boosting the growth of adalimumab market. Also, increasing stress and immune system malfunction among a large number of population around the world are propelling the demand for adalimumab. Moreover, adalimumab is used to cure moderate to severe autoimmune inflammatory disorders. This is further expected to augment the market growth in the coming years.

However, global adalimumab market might also face some restrains. Patent expiry from many companies and increasing prices of adalimumab might hamper the market growth during the forecast period.
Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on "Global Adalimumab Market"
The global adalimumab market is segmented based on type, type of disease, route of administration, end users, distribution channel and region. Based on type, the market is segmented into adalimumab and adalimumab biosimilar. Among them, adalimumab biosimilar segment is expected to undergo fastest growth rate during the forecast period owing to the introduction of new biosimilars in the market which are highly effective in treating chronic diseases.
Based on type of disease, the global adalimumab market is segmented into rheumatoid arthritis, psoriatic arthritis, psoriasis, crohn’s disease and ulcerative colitis. Among them, the rheumatoid arthritis accounted for largest share in 2019 owing to high prevalence among elderly population. The segment is further expected to dominate the global market through 2025 as more elderly women are getting prone to rheumatoid arthritis.
Major players operating in the global adalimumab market include Abbvie Inc., Pfizer Inc., Amgen Inc., Novartis AG, Mylan N.V.6, Samsung Bioepis Co Ltd, Boehringer Ingelheim International GmbH, Merck & Co., Inc., Cadila Healthcare Ltd., Hetero Healthcare Ltd., Bristol-Myers Squibb, Hoffmann-La Roche Ltd., Glenmark Pharmaceuticals and Torrent Pharmaceuticals Ltd. The companies are focusing on development of adalimumab biosimilars for the treatment of rheumatoid arthritis and psoriasis.
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“The advanced healthcare infrastructure and reimbursement coverage being provided in North America is making the region most lucrative market for adalimumab manufacturers. North America is followed by Europe where the availability of well-organized regulatory framework is acting as key growth driver for adalimumab. However, Asia-Pacific is also evolving as a profitable market owing to the increasing geriatric population in countries such as India and China ,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Adalimumab Market By Type (Adalimumab, Adalimumab Biosimilar), By Type of Disease (Rheumatoid Arthritis, Psoriatic Arthritis, Psoriasis, Crohn’s Disease, Ulcerative Colitis), By Route of Administration (Parenteral, Others), By End Users (Hospitals, Specialty Clinics, Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global adalimumab market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global adalimumab market.
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Global Self-monitoring Blood Glucose Market By Type (Type 1, Type 2, Hyperglycemia ,Hypoglycemia), By Frequency (One, Four, Others), By Product (Glucometer, Software, Test Strips, Lancet), By End-User (Hospital, Personal Care), By Region, Forecast & Opportunities, 2025

Global Portable Ventilator Market, By Type (Invasive Ventilation, Non-Invasive Ventilation), By Mode (Pressure Mode Ventilation; Volume Mode Ventilation; Combined Mode Ventilation), By Application (Aeromedical; Pediatrics; Domiciliary Ventilation; Non-Invasive Ventilation), By End User (Hospital; Ambulance; Clinic; Rehabilitation Center; Others), By Region, Forecast & Opportunities, 2025

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Mr. Ken Mathews
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Tuesday, 28 July 2020

Bicycle Market to Grow at a Significant CAGR During Forecast Period – TechSci Research

Increasing awareness about adoption of healthy lifestyle to drive global bicycle market
According to TechSci Research report, “Global Bicycle Market By Product Type (Mountain Bike, Hybrid/Commuter Bike, Road Bikes, Youth Bike, Touring Bikes, Electric Bikes & Others), By Technology (Conventional, Electric), By Price (Premium, Mid-Range, Low-Range), By End User (Men, Women, Kids), By Region, Forecast & Opportunities, 2025”, the global market for bicycles is expected to grow at a significant CAGR during the forecast period. The major driving factor for the market is the increasing awareness amongst the population about leading a healthy lifestyle. Individuals have initiated taking care of their physical health by shifting from cars and motorcycles to bicycles in order to carry out physical exercises and stay fit. A consistent inclination towards physically active lifestyle has, in a way, promoted sport activities like cycling, running, etc. all around the world. Therefore, the increasing in demand of such leisure activities has also led to the market growth globally. Furthermore, governments all around the world are taking initiatives to promote the use of bicycles by conducting international tournaments and improving the participation rate in them. This is also a major factor pushing the market towards growth. One such initiative is that the UK government incorporated a GBP long-term plan worth 1.2 billion to ensure that walking and cycling are chosen over other means of transport for short journeys.

Browse XX market data Tables and XX Figures spread through XXX Pages and an in-depth TOC on " Global Bicycle Market"

Global bicycle market is segmented based on product type, technology, price, end user, company and region. Based on product type, market is segmented into mountain bike, hybrid/commuter bike, road bikes, youth bike, touring bikes, electric bikes & others. Out of these, road bikes segment dominated the market in the year 2019 as it is the most basic mode of transport. It is easily available and requires no special features as in mountain bikes or touring bikes. Based on end user, market is trifurcated into men, women, and kids. Amongst these, men segment held the lion’s share in the market in 2019 as the number of men riding bicycles are larger than the number of women or kids riding bicycles.
Based on regional analysis, Asia-Pacific dominated the market in the year 2019 owing to emphasis on using bicycle in countries such as China, Singapore, Japan, etc., over any other means of transport.
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Some of the leading players in global bicycle market include Accell Group NV, Atlas Cycles Ltd., Derby Cycle Holding GmbH, Dorel Industries Inc., Giant Manufacturing Co. Ltd., GUANGDONG TANDEM INDUSTRIES Co. Ltd., Insera Sena. PT., Merida Industry Co. Ltd., Tandem Group Plc, Trek Bicycle Corp, and many others. Various new innovations are being made by the global players in order to stay highlighted in the market such as introducing shock absorbers and efficient gear systems in bicycles.
“Global bicycle market is anticipated to witness significant growth during the next five years as the rapid urbanization and technological advancements has changed the lifestyle of the people and pushed it towards a negative path. Thus, there is a soaring need of people to adopt healthy lifestyle, which is expected to drive the market during the forecast period. However, people have shown more inclination towards refurbished bicycles lately, which is expected to slow down the market growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Bicycle Market By Product Type (Mountain Bike, Hybrid/Commuter Bike, Road Bikes, Youth Bike, Touring Bikes, Electric Bikes & Others), By Technology (Conventional, Electric), By Price (Premium, Mid-Range, Low-Range), By End User (Men, Women, Kids), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of global bicycle market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global bicycle market.
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India Bicycle Market By Type (Roadster, Sports and Kids), By Geared Vs Gearless, By Rim Size (26 Inch, 20 Inch, 28 Inch, 24 Inch, 18 Inch, 16 Inch, 29 Inch, 14 Inch, 12 Inch, 27.5 Inch and Others), Competition Forecast and Opportunities, 2011 - 2021
Malaysia Tire Market By Vehicle Type (Passenger Cars, Medium & Heavy Commercial Vehicles, Light Commercial Vehicles, Off the Road, Two-Wheeler), By Radial vs Bias, By Demand Category, By Price Segment, By Tire Size, By Rim Size, Competition, Forecast & Opportunities, 2025F

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Mr. Ken Mathews
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Monday, 27 July 2020

Indonesia Two Wheeler Market to Cross $ 10 Billion Milestone by 2025 – TechSci Research

Rising demand for economical and personal transportation to boost two wheeler market in Indonesia
According to TechSci Research report, “Indonesia Two-Wheeler Market By Vehicle Type, By Engine Capacity, By Region, Competition, Forecast & Opportunities, 2025”, Indonesia two wheeler market is anticipated to grow to $ 10 billion by 2025 on account of surging demand for economical transportation. Increase in consumer spending, increasing number of female riders, improving road infrastructure and growing popularity of credit facilities are the other key factors responsible for growth of two wheelers market in Indonesia. Indonesia two wheeler market is categorized based on vehicle type, engine capacity, and region. Based on vehicle type, the market is segmented into scooters, motorcycles and mopeds. Scooter segment holds the majority share and is expected to grow at a stable rate during the forecast period. Motorcycles held the second largest share in 2019 but their popularity is decreases amongst Indonesian customers due to their shifting interest towards automatic two wheelers. Hence, market share of the motorcycle segment is expected to depreciate over the next five years.

Browse 37 market data Figures and Tables spread through 70 Pages and an in-depth TOC on "Indonesia Two Wheeler Market"

In terms of engine capacity, vehicles are categorized into three groups, first engines that are less than 150 cc, then engines with displacement between 151 cc and 250 cc and at last engines with displacement above 250cc. Light weight scooters being most popular amongst Indonesian people, hold the maximum share. In terms of by region, the market is segmented into Java, Sumatra, Kalimanthan, Sulawesi, Maluka & Papua, and Bali & Nusa. Java and Sumatra are the leading regional market in India tow wheelers market, with both the regions cumulatively accounting for more than three-fourth of the market share in 2019.
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Leading companies operating in Indonesia two wheeler market include Honda, Yamaha, Suzuki, Kawasaki, TVS, KTM, Bajaj, and Harley Davidson. Honda and Yamaha are the leading two wheeler brands operating in the country. “PT Astra Honda Motors dominated the two wheeler market in Indonesia in 2019, due to its huge dealer network and great product range that is just apt for Indonesian customers. Demand for two wheelers is anticipated to continue growing in the country over the next five years on account of increasing consumer preference for safer, economical and aesthetic two wheelers.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Indonesia Two-Wheeler Market By Vehicle Type, By Engine Capacity, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Indonesia two-wheeler market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Indonesia two wheeler market.
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Global Electric Passenger Car Market By Vehicle Type (Sedan, Hatchback & SUV), By Technology Type (PHEV Vs. BEV), By Driving Range (Up to 150 Miles Vs. Above 150 Miles), By Region, Competition Forecast & Opportunities, 2013 – 2023

India Passenger Car Market By Vehicle Type (Hatchback, Sedan, SUV & MUV), By Segment Type (Mini, Compact, Micro, C1, C2, D, E, & F), By Fuel Type (Petrol, Diesel & CNG), By Engine Capacity, Competition Forecast & Opportunities, 2012 – 2022

About TechSci Research
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