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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215365

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215365

Global Truck & Bus Radial (TBR) Tire Market Size study & Forecast, by Application (Truck and Bus), by Sales Channel (OEM and Aftermarket) and Regional Analysis, 2022-2029

PUBLISHED: January 29, 2023

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DELIVERY TIME: 2-3 business days

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Global Truck & Bus Radial (TBR) Tire Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Truck & Bus Radial (TBR) Tire is a type of vehicular tire in which the threads of the carcass cord are arranged radially. There are different benefits associated with radial tires including long term operational capability, reduces rolling resistance, good traction, lowered fuel consumption, and lightweight among others. Moreover, these tires have certain drawbacks such as high cost, and these tires are vulnerable to mechanical stress and damage on side walls. The increasing demand for commercial vehicles and advantages associated with radial tires as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing demand for commercial vehicles across different industries such as logistics and transportation, manufacturing, e-commerce, and oil & gas among others is contributing to the growth of the Global Truck & Bus Radial (TBR) Tire Market. For instance, according to Statista - in 2020, the worldwide production of commercial vehicles was estimated at 20.2 million units, and it further increased to 23.2 million units in 2021. Moreover, in 2021, North America region topped commercial vehicle production with a production of 10.3 million units, followed by Asia and Oceania region with 3.3 million units produced. Also, growing expansion of logistics and transportation sector and rising emergence of smart tires would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Truck & Bus Radial (TBR) Tires stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Truck & Bus Radial (TBR) Tire Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and increasing adoption of light and medium commercial vehicles across the industries. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of logistics and transportation industry and increasing growth of the e-commerce sector in the region.

Major market players included in this report are:

Bridgestone Corporation

MICHELIN

Continental AG

The Goodyear Tire & Rubber Company

China National Tire & Rubber Corporation

BKT Industries Limited

KUMHO Tire

Yokohoma Rubber Corporation

Sumitomo Rubber Industries Limited

Apollo Tires.

Recent Developments in the Market:

In August 2022, Apollo Tires introduced 5 new truck-bus radial tires for the Indian market. These new tires were intended to expand Apollo's truck-bus radial segment in the region.

Global Truck & Bus Radial (TBR) Tire Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Application, Sales Channel, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application

Truck

Bus

By Sales Channel

OEM

Aftermarket

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Truck & Bus Radial (TBR) Tire Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Truck & Bus Radial (TBR) Tire Market, by Application, 2019-2029 (USD Billion)
- 1.2.3. Truck & Bus Radial (TBR) Tire Market, by Sales Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Truck & Bus Radial (TBR) Tire Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Truck & Bus Radial (TBR) Tire Market Dynamics

3.1. Truck & Bus Radial (TBR) Tire Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing demand for commercial vehicles
  - 3.1.1.2. Advantages associated with radial tires
  - 3.1.1.3. Strategic initiatives from leading market players
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Truck & Bus Radial (TBR) Tire
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing expansion of logistics and transportation sector
  - 3.1.3.2. Rising emergence of smart tires

Chapter 4. Global Truck & Bus Radial (TBR) Tire Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Truck & Bus Radial (TBR) Tire Market, by Application

6.1. Market Snapshot
6.2. Global Truck & Bus Radial (TBR) Tire Market by Application, Performance - Potential Analysis
6.3. Global Truck & Bus Radial (TBR) Tire Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
6.4. Truck & Bus Radial (TBR) Tire Market, Sub Segment Analysis
- 6.4.1. Truck
- 6.4.2. Bus

Chapter 7. Global Truck & Bus Radial (TBR) Tire Market, by Sales Channel

7.1. Market Snapshot
7.2. Global Truck & Bus Radial (TBR) Tire Market by Sales Channel, Performance - Potential Analysis
7.3. Global Truck & Bus Radial (TBR) Tire Market Estimates & Forecasts by Sales Channel 2019-2029 (USD Billion)
7.4. Truck & Bus Radial (TBR) Tire Market, Sub Segment Analysis
- 7.4.1. OEM
- 7.4.2. Aftermarket

Chapter 8. Global Truck & Bus Radial (TBR) Tire Market, Regional Analysis

8.1. Truck & Bus Radial (TBR) Tire Market, Regional Market Snapshot
8.2. North America Truck & Bus Radial (TBR) Tire Market
- 8.2.1. U.S. Truck & Bus Radial (TBR) Tire Market
  - 8.2.1.1. Application breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Sales Channel breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Truck & Bus Radial (TBR) Tire Market
8.3. Europe Truck & Bus Radial (TBR) Tire Market Snapshot
- 8.3.1. U.K. Truck & Bus Radial (TBR) Tire Market
- 8.3.2. Germany Truck & Bus Radial (TBR) Tire Market
- 8.3.3. France Truck & Bus Radial (TBR) Tire Market
- 8.3.4. Spain Truck & Bus Radial (TBR) Tire Market
- 8.3.5. Italy Truck & Bus Radial (TBR) Tire Market
- 8.3.6. Rest of Europe Truck & Bus Radial (TBR) Tire Market
8.4. Asia-Pacific Truck & Bus Radial (TBR) Tire Market Snapshot
- 8.4.1. China Truck & Bus Radial (TBR) Tire Market
- 8.4.2. India Truck & Bus Radial (TBR) Tire Market
- 8.4.3. Japan Truck & Bus Radial (TBR) Tire Market
- 8.4.4. Australia Truck & Bus Radial (TBR) Tire Market
- 8.4.5. South Korea Truck & Bus Radial (TBR) Tire Market
- 8.4.6. Rest of Asia Pacific Truck & Bus Radial (TBR) Tire Market
8.5. Latin America Truck & Bus Radial (TBR) Tire Market Snapshot
- 8.5.1. Brazil Truck & Bus Radial (TBR) Tire Market
- 8.5.2. Mexico Truck & Bus Radial (TBR) Tire Market
- 8.5.3. Rest of Latin America Truck & Bus Radial (TBR) Tire Market
8.6. Rest of The World Truck & Bus Radial (TBR) Tire Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Bridgestone Corporation
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. MICHELIN
- 9.2.3. Continental AG
- 9.2.4. The Goodyear Tire & Rubber Company
- 9.2.5. China National Tire & Rubber Corporation
- 9.2.6. BKT Industries Limited
- 9.2.7. KUMHO Tire
- 9.2.8. Yokohoma Rubber Corporation
- 9.2.9. Sumitomo Rubber Industries Limited
- 9.2.10. Apollo Tires.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Truck & Bus Radial (TBR) Tire Market, report scope
TABLE 2. Global Truck & Bus Radial (TBR) Tire Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Truck & Bus Radial (TBR) Tire Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 4. Global Truck & Bus Radial (TBR) Tire Market estimates & forecasts by Sales Channel 2019-2029 (USD Billion)
TABLE 5. Global Truck & Bus Radial (TBR) Tire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Truck & Bus Radial (TBR) Tire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Truck & Bus Radial (TBR) Tire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Truck & Bus Radial (TBR) Tire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Truck & Bus Radial (TBR) Tire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Truck & Bus Radial (TBR) Tire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Truck & Bus Radial (TBR) Tire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Truck & Bus Radial (TBR) Tire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Truck & Bus Radial (TBR) Tire Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Truck & Bus Radial (TBR) Tire Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Truck & Bus Radial (TBR) Tire Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Truck & Bus Radial (TBR) Tire Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Truck & Bus Radial (TBR) Tire Market
TABLE 70. List of primary sources, used in the study of global Truck & Bus Radial (TBR) Tire Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Truck & Bus Radial (TBR) Tire Market, research methodology
FIG 2. Global Truck & Bus Radial (TBR) Tire Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Truck & Bus Radial (TBR) Tire Market, key trends 2021
FIG 5. Global Truck & Bus Radial (TBR) Tire Market, growth prospects 2022-2029
FIG 6. Global Truck & Bus Radial (TBR) Tire Market, porters 5 force model
FIG 7. Global Truck & Bus Radial (TBR) Tire Market, pest analysis
FIG 8. Global Truck & Bus Radial (TBR) Tire Market, value chain analysis
FIG 9. Global Truck & Bus Radial (TBR) Tire Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Truck & Bus Radial (TBR) Tire Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Truck & Bus Radial (TBR) Tire Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Truck & Bus Radial (TBR) Tire Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Truck & Bus Radial (TBR) Tire Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Truck & Bus Radial (TBR) Tire Market, regional snapshot 2019 & 2029
FIG 15. North America Truck & Bus Radial (TBR) Tire Market 2019 & 2029 (USD Billion)
FIG 16. Europe Truck & Bus Radial (TBR) Tire Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Truck & Bus Radial (TBR) Tire Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Truck & Bus Radial (TBR) Tire Market 2019 & 2029 (USD Billion)
FIG 19. Global Truck & Bus Radial (TBR) Tire Market, company Market share analysis (2021)