PUBLISHER: 360iResearch | PRODUCT CODE: 1397886
PUBLISHER: 360iResearch | PRODUCT CODE: 1397886
The Automotive Tires Market is projected to reach USD 339.30 billion by 2030 from USD 215.11 billion in 2022, at a CAGR of 5.86% during the forecast period.
Global Automotive Tires Market
KEY MARKET STATISTICS | |
---|---|
Base Year [2022] | USD 215.11 billion |
Estimated Year [2023] | USD 226.96 billion |
Forecast Year [2030] | USD 339.30 billion |
CAGR (%) | 5.86% |
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Automotive Tires Market.
Based on Type, market is studied across Tubed Tire and Tubeless Tire. The Tubeless Tire commanded largest market share of 59.63% in 2022, followed by Tubed Tire.
Based on Rim Size, market is studied across 12"-17", 18"-21", and >22". The 12"-17" commanded largest market share of 48.38% in 2022, followed by >22".
Based on Material, market is studied across Natural Rubber and Synthetic Rubber. The Synthetic Rubber commanded largest market share of 67.46% in 2022, followed by Natural Rubber.
Based on Distribution Channel, market is studied across Aftermarket and OEM. The OEM commanded largest market share of 78.77% in 2022, followed by Aftermarket.
Based on Vehicle Type, market is studied across Heavy Light Commercial Vehicle, Light Commercial Vehicle, and Passenger Vehicle. The Light Commercial Vehicle commanded largest market share of 35.42% in 2022, followed by Passenger Vehicle.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.45% in 2022, followed by Asia-Pacific.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is an indispensable tool for assessing the Automotive Tires Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
The Market Share Analysis offers invaluable insights into the vendor landscape Automotive Tires Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
The report delves into recent significant developments in the Automotive Tires Market, highlighting leading vendors and their innovative profiles. These include Apollo Tyres Limited, Bridgestone Corporation, CEAT Ltd., Cheng Shin Rubber Ind. Co. Ltd., Continental AG, Giti Tire Pte Ltd., Hankook Tire & Technology Group, Haulmax Tyres, Hefei Wanli Tire Co., Ltd., Inoac Corporation, JK Tyre & Industries Ltd., Kumho Tire Co., Inc., Madras Rubber Factory Limited, Magna Tyres Group, Michelin Corporation, Nexen Tire Corporation, Nokian Tyres PLC, Pirelli & C.S.p.A., Ralson (India) Limited, Sailun Group Co., Ltd., Salsons Impex Pvt. Ltd. by Atlas Group, Sinochem Group, Sumitomo Rubber Industries, Ltd., The Goodyear Tire & Rubber Company, Toyo Tire Corporation, Triangle Tyre Co., Ltd., TVS Srichakra Ltd., Xingyuan Tires Group, Yokohama Rubber Co. Ltd., and Zhongce Rubber Group Co., Ltd..
1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast for the Automotive Tires Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Automotive Tires Market?
3. What is the competitive strategic window for identifying opportunities in the Automotive Tires Market?
4. What are the latest technology trends and regulatory frameworks in the Automotive Tires Market?
5. What is the market share of the leading vendors in the Automotive Tires Market?
6. Which modes and strategic moves are suitable for entering the Automotive Tires Market?