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PUBLISHER: KBV Research | PRODUCT CODE: 1457285

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PUBLISHER: KBV Research | PRODUCT CODE: 1457285

LAMEA Racing Tires Market Size, Share & Trends Analysis Report By Tire Type, By Application, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

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The Latin America, Middle East and Africa Racing Tires Market would witness market growth of 6.9% CAGR during the forecast period (2023-2030).

The Brazil market dominated the LAMEA Racing Tires Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $339.7 Thousands by 2030. The Argentina market is showcasing a CAGR of 7.3% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 6.5% during (2023 - 2030).

Beyond electrification, the market has responded to the surge in interest in autonomous vehicle technologies. Autonomous racing events, where human intervention is minimized, have emerged as a fascinating frontier, prompting its manufacturers to innovate and adapt to the distinctive demands of these cutting-edge vehicles.

Additionally, the transition to autonomous racing introduces a host of unique demands on this, requiring manufacturers to rethink traditional tire designs and performance parameters. Unlike human drivers who can adapt their driving style in real-time, autonomous vehicles follow pre-programmed algorithms, necessitating tires that can handle the nuances of automated decision-making with precision.

As per the data from the Government of Saudi Arabia, the Ministry of Sport, alongside the Ministry of Culture and with the contribution of "Formula 1," launched on Wednesday, the 23rd of June 2021, the "Race with Art" contest. Professional and amateur Saudi abstract artists were invited to submit works for the "Saudi Arabian Grand Prix," held at Jeddah Waterfront.

Based on Tire Type, the market is segmented into Racing Slick Tires, and Racing Treaded Tires. Based on Application, the market is segmented into Auto Racing Tires, and Motorcycle Racing Tires. Based on Distribution Channel, the market is segmented into Replacement Tires, and OEMs. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Bridgestone Corporation
  • Continental AG
  • Michelin
  • Hankook Tire & Technology
  • Pirelli & C. S.p.A.
  • The Goodyear Tire & Rubber Company
  • The Yokohama Rubber Co., Ltd.
  • Zhongce Rubber Group Co., Limited
  • Nexen Tire
  • Maxxis International USA (Cheng Shin Rubber Industry Co.)

LAMEA Racing Tires Market Report Segmentation

By Tire Type

  • Racing Slick Tires
  • Racing Treaded Tires

By Application

  • Auto Racing Tires
  • Motorcycle Racing Tires

By Distribution Channel

  • Replacement Tires
  • OEMs

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1.Market Scope & Methodology

  • 1.1Market Definition
  • 1.2Objectives
  • 1.3Market Scope
  • 1.4Segmentation
    • 1.4.1LAMEA Racing Tires Market, by Tire Type
    • 1.4.2LAMEA Racing Tires Market, by Application
    • 1.4.3LAMEA Racing Tires Market, by Distribution Channel
    • 1.4.4LAMEA Racing Tires Market, by Country
  • 1.5Methodology for the research

Chapter 2.Market at a Glance

  • 2.1Key Highlights

Chapter 3.Market Overview

  • 3.1Introduction
    • 3.1.1Overview
      • 3.1.1.1Market Composition and Scenario
  • 3.2Key Factors Impacting the Market
    • 3.2.1Market Drivers
    • 3.2.2Market Restraints
    • 3.2.3Market Opportunities
    • 3.2.4Market Challenges
  • 3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Racing Tires Market

Chapter 5.LAMEA Racing Tires Market, By Tire Type

  • 5.1LAMEA Racing Slick Tires Market, By Country
  • 5.2LAMEA Racing Treaded Tires Market, By Country

Chapter 6.LAMEA Racing Tires Market, By Application

  • 6.1LAMEA Auto Racing Tires Market, By Country
  • 6.2LAMEA Motorcycle Racing Tires Market, By Country

Chapter 7.LAMEA Racing Tires Market, By Distribution Channel

  • 7.1LAMEA Replacement Tires Market, By Country
  • 7.2LAMEA OEMs Market, By Country

Chapter 8.LAMEA Racing Tires Market, By Country

  • 8.1Brazil Racing Tires Market
    • 8.1.1Brazil Racing Tires Market, By Tire Type
    • 8.1.2Brazil Racing Tires Market, By Application
    • 8.1.3Brazil Racing Tires Market, By Distribution Channel
  • 8.2Argentina Racing Tires Market
    • 8.2.1Argentina Racing Tires Market, By Tire Type
    • 8.2.2Argentina Racing Tires Market, By Application
    • 8.2.3Argentina Racing Tires Market, By Distribution Channel
  • 8.3UAE Racing Tires Market
    • 8.3.1UAE Racing Tires Market, By Tire Type
    • 8.3.2UAE Racing Tires Market, By Application
    • 8.3.3UAE Racing Tires Market, By Distribution Channel
  • 8.4Saudi Arabia Racing Tires Market
    • 8.4.1Saudi Arabia Racing Tires Market, By Tire Type
    • 8.4.2Saudi Arabia Racing Tires Market, By Application
    • 8.4.3Saudi Arabia Racing Tires Market, By Distribution Channel
  • 8.5South Africa Racing Tires Market
    • 8.5.1South Africa Racing Tires Market, By Tire Type
    • 8.5.2South Africa Racing Tires Market, By Application
    • 8.5.3South Africa Racing Tires Market, By Distribution Channel
  • 8.6Nigeria Racing Tires Market
    • 8.6.1Nigeria Racing Tires Market, By Tire Type
    • 8.6.2Nigeria Racing Tires Market, By Application
    • 8.6.3Nigeria Racing Tires Market, By Distribution Channel
  • 8.7Rest of LAMEA Racing Tires Market
    • 8.7.1Rest of LAMEA Racing Tires Market, By Tire Type
    • 8.7.2Rest of LAMEA Racing Tires Market, By Application
    • 8.7.3Rest of LAMEA Racing Tires Market, By Distribution Channel

Chapter 9.Company Profiles

  • 9.1Bridgestone Corporation
    • 9.1.1Company Overview
    • 9.1.2Financial Analysis
    • 9.1.3Segmental Analysis
    • 9.1.4Recent strategies and developments:
      • 9.1.4.1Product Launches and Product Expansions:
    • 9.1.5SWOT Analysis
  • 9.2Continental AG
    • 9.2.1Company Overview
    • 9.2.2Financial Analysis
    • 9.2.3Segmental and Regional Analysis
    • 9.2.4Research & Development Expense
    • 9.2.5Recent strategies and developments:
      • 9.2.5.1Partnerships, Collaborations, and Agreements:
      • 9.2.5.2Product Launches and Product Expansions:
    • 9.2.6SWOT Analysis
  • 9.3Michelin
    • 9.3.1Company Overview
    • 9.3.2Financial Analysis
    • 9.3.3Segmental and Regional Analysis
    • 9.3.4SWOT Analysis
  • 9.4Hankook Tire & Technology
    • 9.4.1Company Overview
    • 9.4.2Financial Analysis
    • 9.4.3Regional Analysis
    • 9.4.4Recent strategies and developments:
      • 9.4.4.1Partnerships, Collaborations, and Agreements:
      • 9.4.4.2Acquisition and Mergers:
    • 9.4.5SWOT Analysis
  • 9.5Pirelli & C. S.p.A.
    • 9.5.1Company Overview
    • 9.5.2Financial Analysis
    • 9.5.3Regional Analysis
    • 9.5.4Research & Development Expenses
    • 9.5.5Recent strategies and developments:
      • 9.5.5.1Partnerships, Collaborations, and Agreements:
      • 9.5.5.2Product Launches and Product Expansions:
    • 9.5.6SWOT Analysis
  • 9.6The Goodyear Tire & Rubber Company
    • 9.6.1Company Overview
    • 9.6.2Financial Analysis
    • 9.6.3Segmental and Regional Analysis
    • 9.6.4Research & Development Expenses
    • 9.6.5Recent strategies and developments:
      • 9.6.5.1Partnerships, Collaborations, and Agreements:
    • 9.6.6SWOT Analysis
  • 9.7The Yokohama Rubber Co., Ltd.
    • 9.7.1Company Overview
    • 9.7.2Financial Analysis
    • 9.7.3Segmental Analysis
    • 9.7.4Recent strategies and developments:
      • 9.7.4.1Partnerships, Collaborations, and Agreements:
    • 9.7.5SWOT Analysis
  • 9.8Zhongce Rubber Group Co., Limited
    • 9.8.1Company Overview
    • 9.8.2SWOT Analysis
  • 9.9Nexen Tire
    • 9.9.1Company Overview
    • 9.9.2Financial Analysis
    • 9.9.3SWOT Analysis
  • 9.10.Maxxis International-USA (Cheng Shin Rubber Industry Co.)
    • 9.10.1Company Overview
    • 9.10.2SWOT Analysis

LIST OF TABLES

  • TABLE 1LAMEA Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 2LAMEA Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 3LAMEA Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 4LAMEA Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 5LAMEA Racing Slick Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 6LAMEA Racing Slick Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 7LAMEA Racing Treaded Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 8LAMEA Racing Treaded Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 9LAMEA Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 10LAMEA Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 11LAMEA Auto Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 12LAMEA Auto Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 13LAMEA Motorcycle Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 14LAMEA Motorcycle Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 15LAMEA Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 16LAMEA Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 17LAMEA Replacement Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 18LAMEA Replacement Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 19LAMEA OEMs Market, By Country, 2019 - 2022, USD Million
  • TABLE 20LAMEA OEMs Market, By Country, 2023 - 2030, USD Million
  • TABLE 21LAMEA Racing Tires Market, By Country, 2019 - 2022, USD Million
  • TABLE 22LAMEA Racing Tires Market, By Country, 2023 - 2030, USD Million
  • TABLE 23Brazil Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 24Brazil Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 25Brazil Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 26Brazil Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 27Brazil Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 28Brazil Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 29Brazil Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 30Brazil Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 31Argentina Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 32Argentina Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 33Argentina Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 34Argentina Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 35Argentina Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 36Argentina Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 37Argentina Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 38Argentina Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 39UAE Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 40UAE Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 41UAE Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 42UAE Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 43UAE Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 44UAE Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 45UAE Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 46UAE Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 47Saudi Arabia Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 48Saudi Arabia Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 49Saudi Arabia Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 50Saudi Arabia Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 51Saudi Arabia Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 52Saudi Arabia Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 53Saudi Arabia Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 54Saudi Arabia Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 55South Africa Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 56South Africa Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 57South Africa Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 58South Africa Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 59South Africa Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 60South Africa Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 61South Africa Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 62South Africa Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 63Nigeria Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 64Nigeria Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 65Nigeria Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 66Nigeria Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 67Nigeria Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 68Nigeria Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 69Nigeria Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 70Nigeria Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 71Rest of LAMEA Racing Tires Market, 2019 - 2022, USD Million
  • TABLE 72Rest of LAMEA Racing Tires Market, 2023 - 2030, USD Million
  • TABLE 73Rest of LAMEA Racing Tires Market, By Tire Type, 2019 - 2022, USD Million
  • TABLE 74Rest of LAMEA Racing Tires Market, By Tire Type, 2023 - 2030, USD Million
  • TABLE 75Rest of LAMEA Racing Tires Market, By Application, 2019 - 2022, USD Million
  • TABLE 76Rest of LAMEA Racing Tires Market, By Application, 2023 - 2030, USD Million
  • TABLE 77Rest of LAMEA Racing Tires Market, By Distribution Channel, 2019 - 2022, USD Million
  • TABLE 78Rest of LAMEA Racing Tires Market, By Distribution Channel, 2023 - 2030, USD Million
  • TABLE 79Key Information - Bridgestone Corporation
  • TABLE 80Key Information - Continental AG
  • TABLE 81Key Information - Michelin
  • TABLE 82Key Information - Hankook Tire & Technology
  • TABLE 83Key Information - Pirelli & C. S.p.A.
  • TABLE 84Key Information - The Goodyear Tire & Rubber Company
  • TABLE 85Key Information - The Yokohama Rubber Co., Ltd.
  • TABLE 86Key Information - Zhongce Rubber Group Co., Limited
  • TABLE 87Key Information - Nexen Tire
  • TABLE 88Key Information - Maxxis International-USA
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Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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