African market
Market Overview: Motorcycle use is growing in the African market and motorcycles. Are an important means of transportation in many regions. According to Statista, the African motorcycle tire market size is around $150 million in 2023 and is expect to reach $280 million by 2028, growing at a CAGR of 12.6%.
>Opportunities: Chinese brands can gradually strengthen brand influence. By cooperating with local distributors to provide tires suitable for local roads and climate conditions.
Tires for Electric Motorcycles
With the growing popularity of electric motorcycles, the market demand for low rolling resistance and high wear resistance tires namibia number data design for electric vehicles will grow rapidly. According to MarketsandMarkets, the global electric motorcycle tire market is expect to reach $1 billion by 2028, with an annual growth rate of 10%. Chinese brands can seize the market opportunity by developing tire products that are tailor to the characteristics of electric motorcycles.
Smart tires Motorcycle Tire Market
Smart tires equipp with sensors and IoT technology can monitor tire pressure, temperature and other information in real time to improve driving safety and comfort. Chinese companies can launch smart tire products to meet the nes of the high-end market through technological innovation. The smart motorcycle tire market is expect to reach $500 million by 2028.
3. Customiz tire services: Motorcycle Tire Market
Providing customiz tire services for specific customer nes, such as special sizes and tread patterns, can enhance brand jeff kahn co-founder & ceo value and customer loyalty. According to research companies, the customiz tire services market is expect to grow at an annual rate of 8%.
After-sales service and brand building
Strengthen the construction of after-sales service system, provide more convenient replacement, maintenance and consultation tg phone list services, improve customer experience. At the same time, through brand promotion activities, enhance brand visibility and reputation in the international market. It is estimat that the after-sales service market will reach 1.5 billion US dollars by 2028.
IV. Frequently Ask Questions Motorcycle Tire Market
1. How competitive are Chinese motorcycle tires in the international market?
– Chinese motorcycle tires have advantages in price and production scale. In recent years, they have also continuously improv in product quality and technological innovation, and gradually won recognition in the international market.