TYRE RECOGNIZING MACHINES MARKET, GLOBAL OUTLOOK AND FORECAST 2024-2030

Tyre Recognizing Machines Market, Global Outlook and Forecast 2024-2030

Tyre Recognizing Machines Market, Global Outlook and Forecast 2024-2030

Blog Article

The global Tyre Recognizing Machines market was valued at US$ 1.8 billion in 2023 and is projected to reach US$ 2.6 billion by 2030, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.


Switch Type Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Tyre Recognizing Machines include CyXplus, LMI Technologies, MICRO-EPSILON, Steinbichler Optotechnik, Mitsubishi Heavy Industries (MHI) Group, Rizhao Melion Industry and Beijing Xiangyuan Rubber and Tyre Inspection Technology, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

Tire Recognizing Machine is an important part of the expressway toll-by-weight system. It mainly has the functions of detecting the tire type of the vehicle and judging the driving direction of the vehicle.

This report aims to provide a comprehensive presentation of the global market for Tyre Recognizing Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tyre Recognizing Machines. This report contains market size and forecasts of Tyre Recognizing Machines in global, including the following market information:

  • Global Tyre Recognizing Machines Market Revenue, 2019-2024, 2025-2030, ($ millions)

  • Global Tyre Recognizing Machines Market Sales, 2019-2024, 2025-2030, (K Units)

  • Global top five Tyre Recognizing Machines companies in 2023 (%)


We surveyed the Tyre Recognizing Machines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Tyre Recognizing Machines Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Tyre Recognizing Machines Market Segment Percentages, by Type, 2023 (%)

  • Switch Type

  • Pressure Sensing Type


Global Tyre Recognizing Machines Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Tyre Recognizing Machines Market Segment Percentages, by Application, 2023 (%)

  • Commercial Vehicle

  • Passenger Car


Global Tyre Recognizing Machines Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Tyre Recognizing Machines Market Segment Percentages, By Region and Country, 2023 (%)

  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:

  • Key companies Tyre Recognizing Machines revenues in global market, 2019-2024 (Estimated), ($ millions)

  • Key companies Tyre Recognizing Machines revenues share in global market, 2023 (%)

  • Key companies Tyre Recognizing Machines sales in global market, 2019-2024 (Estimated), (K Units)

  • Key companies Tyre Recognizing Machines sales share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:

  • CyXplus

  • LMI Technologies

  • MICRO-EPSILON

  • Steinbichler Optotechnik

  • Mitsubishi Heavy Industries (MHI) Group

  • Rizhao Melion Industry

  • Beijing Xiangyuan Rubber and Tyre Inspection Technology


Outline of Major Chapters:

Chapter 1: Introduces the definition of Tyre Recognizing Machines, market overview.

Chapter 2: Global Tyre Recognizing Machines market size in revenue and volume.

Chapter 3: Detailed analysis of Tyre Recognizing Machines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Tyre Recognizing Machines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Tyre Recognizing Machines capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports
1.1 Tyre Recognizing Machines Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Tyre Recognizing Machines Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Tyre Recognizing Machines Overall Market Size
2.1 Global Tyre Recognizing Machines Market Size: 2023 VS 2030
2.2 Global Tyre Recognizing Machines Revenue, Prospects & Forecasts: 2019-2030
2.3 Global Tyre Recognizing Machines Sales: 2019-2030
3 Company Landscape
3.1 Top Tyre Recognizing Machines Players in Global Market
3.2 Top Global Tyre Recognizing Machines Companies Ranked by Revenue
3.3 Global Tyre Recognizing Machines Revenue by Companies
3.4 Global Tyre Recognizing Machines Sales by Companies
3.5 Global Tyre Recognizing Machines Price by Manufacturer (2019-2024)
3.6 Top 3 and Top 5 Tyre Recognizing Machines Companies in Global Market, by Revenue in 2023
3.7 Global Manufacturers Tyre Recognizing Machines Product Type
3.8 Tier 1, Tier 2 and Tier 3 Tyre Recognizing Machines Players in Global Market
3.8.1 List of Global Tier 1 Tyre Recognizing Machines Companies
3.8.2 List of Global Tier 2 and Tier 3 Tyre Recognizing Machine

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