Logistics & Transport

Automobile Tire Market Growth 2019-2024


Automobile Tire5570.jpg

Automobile tire is a ring-shaped vehicle component that covers the wheel’s rim to protect it and enable better vehicle performance. Automobile tires provide flexible cushion between the vehicle and the road.Asia is the biggest supplier of automotive tire, the production market share of Asia was 59.23% in 2015. Europe is the second supplier, with the production market share of 16.9% in 2015.

Europe is the biggest consumer of automotive tire, the consumption of Europe was more than 479 million units in 2015 with the consumption market share of 26.12%. North America is the second consumer with the consumption market share of 23.25% in 2015.Market competition is intense. There are more than 60 key of automotive tire manufacturers in the world. Among them, the top 19 manufacturers occupied the global production marker share about 70%. Bridgestone, Michelin, Goodyear are the leaders of the industry. With the key technologies and patent, they formed the global market channel of the industry.

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According to this study, over the next five years the Automobile Tire market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automobile Tire business, shared in Chapter 3.This report presents a comprehensive overview, market shares, and growth opportunities of Automobile Tire market by product type, application, key manufacturers and key regions and countries.This study considers the Automobile Tire value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Bias Tire
  • Radial Tire

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Passenger Car
  • Commecial Car

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • Bridgestone
  • Michelin
  • Goodyear
  • Continental
  • Pirelli
  • Hankook
  • Sumitomo
  • Yokohama
  • Maxxis
  • Zhongce
  • GITI Tire
  • Cooper Tire
  • Kumho Tire
  • Toyo Tire
  • Apollo Tyres
  • Triangle Group
  • Nexen Tire
  • Hengfeng Rubber
  • Nokian Tyres

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Automobile Tire consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Automobile Tire market by identifying its various subsegments.
  • Focuses on the key global Automobile Tire manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Automobile Tire with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • To project the consumption of Automobile Tire submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automobile Tire Consumption 2014–2024
2.1.2 Automobile Tire Consumption CAGR by Region
2.2 Automobile Tire Segment by Type

3 Global Automobile Tire by Players
3.1 Global Automobile Tire Sales Market Share by Players
3.1.1 Global Automobile Tire Sales by Players (2017–2019)
3.1.2 Global Automobile Tire Sales Market Share by Players (2017–2019)

Key Que Answered in this report:

  1. What will the Automobile Tire Market?
  2. What are the key factors driving the Global Automobile Tire Market?
  3. What are the key market trends in Automobile Tire Market?
  4. improve pasting the growth of the Automobile Tire Market?
  5. What are the challenges to Automobile Tire Market?
  6. What are the market opportunities and threats faced by the vendors in the Global Automobile Tire Market?
  7. What are the key outcomes of the five forces analysis of Automobile Tire Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

Related Reports:-

Automobile Vacuum Tire Market Research Report 2019

Tire Pressure Monitoring System (TPMS) (Automobile TPMS) Consumption Market Report

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