According to our (Global Info Research) latest study, the global Automotive Tyre market size was valued at USD 139460 million in 2023 and is forecast to a readjusted size of USD 195930 million by 2030 with a CAGR of 5.0% during review period.
Automotive Tyre is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Automotive Tyre provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock.
The Europe held the largest share in the global market, its revenue of global market exceeds 35%. The next is Asia Pacific. Bridgestone, GoodYear, Continental, Michelin and Sumitomo are the top 5 manufacturers of industry, and they had about 55% combined market share.
The Global Info Research report includes an overview of the development of the Automotive Tyre industry chain, the market status of Commercial Vehicle (OE Tyres, Replacement Tyres), Passenger Vehicle (OE Tyres, Replacement Tyres), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Automotive Tyre.
Regionally, the report analyzes the Automotive Tyre markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Automotive Tyre market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Automotive Tyre market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Automotive Tyre industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Units), revenue generated, and market share of different by Type (e.g., OE Tyres, Replacement Tyres).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Automotive Tyre market.
Regional Analysis: The report involves examining the Automotive Tyre market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Automotive Tyre market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Automotive Tyre:
Company Analysis: Report covers individual Automotive Tyre manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Automotive Tyre This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Vehicle, Passenger Vehicle).
Technology Analysis: Report covers specific technologies relevant to Automotive Tyre. It assesses the current state, advancements, and potential future developments in Automotive Tyre areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Automotive Tyre market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Automotive Tyre market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
OE Tyres
Replacement Tyres
Market segment by Application
Commercial Vehicle
Passenger Vehicle
Major players covered
Bridgestone
GoodYear
Continental
Michelin
Sumitomo
Hankook
Pirelli
Yokohama
Zhongce Rubber
Toyo Tire Corporation
Cooper Tire
Apollo Tyres
KUMHO TIRES
Linglong Tire
MRF
Cheng Shin Rubber (Maxxis)
Sailun Group
Nokian Tyres
Triangle Tire Group
JK TYRE
AEOLUS TYRE
Giti
Nexen Tire
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Tyre product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Tyre, with price, sales, revenue and global market share of Automotive Tyre from 2019 to 2024.
Chapter 3, the Automotive Tyre competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Tyre breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Automotive Tyre market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Tyre.
Chapter 14 and 15, to describe Automotive Tyre sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Automotive Tyre . Industry analysis & Market Report on Automotive Tyre is a syndicated market report, published as Global Automotive Tyre Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Automotive Tyre market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.