Insights into the Industry
The vehicle tire industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of vehicle tire ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the vehicle tire market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards vehicle tire 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the vehicle tire industry and impacting its growth. Our report divides the vehicle tire market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global vehicle tire market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Vehicle Tire Market research report which is segmented by Products (Less than 15, 15 to 20, More than 20), by Applications (OEM, Aftermarket), by Key Players/Companies The Goodyear Tire & Rubber Company, CEAT Ltd., Toyo Tire & Rubber Co. Ltd., Michelin AG, Pirelli & C.S.p.A., Sumitomo Rubber Industries Ltd., Bridgestone Corporation, Cooper Tire & Rubber Co. Ltd., Continental AG”. In 2020, the global vehicle tire market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Vehicle Tire Market Research Report |
| By Products | Less than 15, 15 to 20, More than 20 |
| By Applications | OEM, Aftermarket |
| By Key Players | The Goodyear Tire & Rubber Company, CEAT Ltd., Toyo Tire & Rubber Co. Ltd., Michelin AG, Pirelli & C.S.p.A., Sumitomo Rubber Industries Ltd., Bridgestone Corporation, Cooper Tire & Rubber Co. Ltd., Continental AG |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 116 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global vehicle tire industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, vehicle tire industry study report has included all major manufacturers and distributors operating in the vehicle tire market across all major regions.
Vehicle Tire Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating vehicle tire market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Vehicle Tire Market Key Trends Analysis
The key factors influencing the growth of the vehicle tire market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Vehicle Tire Market Key Segment Analysis
The report delivers a critical assessment on the vehicle tire market by segmenting it based on Products, Applications, and region. All the segments and categories of the vehicle tire market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global vehicle tire market is segmented into Less than 15, 15 to 20, More than 20. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into OEM, Aftermarket. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the vehicle tire market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Vehicle Tire Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global vehicle tire market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the vehicle tire market.
Some of the leading players profiled in the global vehicle tire market are,
- The Goodyear Tire & Rubber Company
- CEAT Ltd.
- Toyo Tire & Rubber Co. Ltd.
- Michelin AG
- Pirelli & C.S.p.A.
- Sumitomo Rubber Industries Ltd.
- Bridgestone Corporation
- Cooper Tire & Rubber Co. Ltd.
- Continental AG
The Key Audiences for Vehicle Tire Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the vehicle tire market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global vehicle tire market are as follows:
Global Vehicle Tire Market: By Products
- Less than 15
- 15 to 20
- More than 20
Global Vehicle Tire Market: By Applications
- OEM
- Aftermarket
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major vehicle tire . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Vehicle Tire market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- The Goodyear Tire & Rubber Company
- CEAT Ltd.
- Toyo Tire & Rubber Co. Ltd.
- Michelin AG
- Pirelli & C.S.p.A.
- Sumitomo Rubber Industries Ltd.
- Bridgestone Corporation
- Cooper Tire & Rubber Co. Ltd.
- Continental AG
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Vehicle Tire Market Share by Type (2020-2026) 1.5.2 Less than 15 1.5.3 15 to 20 1.5.4 More than 20 1.6 Market by Application 1.6.1 Global Vehicle Tire Market Share by Application (2020-2026) 1.6.2 OEM 1.6.3 Aftermarket 1.7 Vehicle Tire Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Vehicle Tire Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Vehicle Tire Market 3.1 Value Chain Status 3.2 Vehicle Tire Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Vehicle Tire 3.2.3 Labor Cost of Vehicle Tire 3.2.3.1 Labor Cost of Vehicle Tire Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 The Goodyear Tire & Rubber Company 4.1.1 The Goodyear Tire & Rubber Company Basic Information 4.1.2 Vehicle Tire Product Profiles, Application and Specification 4.1.3 The Goodyear Tire & Rubber Company Vehicle Tire Market Performance (2015-2020) 4.1.4 The Goodyear Tire & Rubber Company Business Overview 4.2 CEAT Ltd. 4.2.1 CEAT Ltd. Basic Information 4.2.2 Vehicle Tire Product Profiles, Application and Specification 4.2.3 CEAT Ltd. Vehicle Tire Market Performance (2015-2020) 4.2.4 CEAT Ltd. Business Overview 4.3 Toyo Tire & Rubber Co., Ltd. 4.3.1 Toyo Tire & Rubber Co., Ltd. Basic Information 4.3.2 Vehicle Tire Product Profiles, Application and Specification 4.3.3 Toyo Tire & Rubber Co., Ltd. Vehicle Tire Market Performance (2015-2020) 4.3.4 Toyo Tire & Rubber Co., Ltd. Business Overview 4.4 Michelin AG 4.4.1 Michelin AG Basic Information 4.4.2 Vehicle Tire Product Profiles, Application and Specification 4.4.3 Michelin AG Vehicle Tire Market Performance (2015-2020) 4.4.4 Michelin AG Business Overview 4.5 Pirelli & C.S.p.A. 4.5.1 Pirelli & C.S.p.A. Basic Information 4.5.2 Vehicle Tire Product Profiles, Application and Specification 4.5.3 Pirelli & C.S.p.A. Vehicle Tire Market Performance (2015-2020) 4.5.4 Pirelli & C.S.p.A. Business Overview 4.6 Sumitomo Rubber Industries, Ltd. 4.6.1 Sumitomo Rubber Industries, Ltd. Basic Information 4.6.2 Vehicle Tire Product Profiles, Application and Specification 4.6.3 Sumitomo Rubber Industries, Ltd. Vehicle Tire Market Performance (2015-2020) 4.6.4 Sumitomo Rubber Industries, Ltd. Business Overview 4.7 Bridgestone Corporation 4.7.1 Bridgestone Corporation Basic Information 4.7.2 Vehicle Tire Product Profiles, Application and Specification 4.7.3 Bridgestone Corporation Vehicle Tire Market Performance (2015-2020) 4.7.4 Bridgestone Corporation Business Overview 4.8 Cooper Tire & Rubber Co., Ltd. 4.8.1 Cooper Tire & Rubber Co., Ltd. Basic Information 4.8.2 Vehicle Tire Product Profiles, Application and Specification 4.8.3 Cooper Tire & Rubber Co., Ltd. Vehicle Tire Market Performance (2015-2020) 4.8.4 Cooper Tire & Rubber Co., Ltd. Business Overview 4.9 Continental AG 4.9.1 Continental AG Basic Information 4.9.2 Vehicle Tire Product Profiles, Application and Specification 4.9.3 Continental AG Vehicle Tire Market Performance (2015-2020) 4.9.4 Continental AG Business Overview 5 Global Vehicle Tire Market Analysis by Regions 5.1 Global Vehicle Tire Sales, Revenue and Market Share by Regions 5.1.1 Global Vehicle Tire Sales by Regions (2015-2020) 5.1.2 Global Vehicle Tire Revenue by Regions (2015-2020) 5.2 North America Vehicle Tire Sales and Growth Rate (2015-2020) 5.3 Europe Vehicle Tire Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Vehicle Tire Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Vehicle Tire Sales and Growth Rate (2015-2020) 5.6 South America Vehicle Tire Sales and Growth Rate (2015-2020) 6 North America Vehicle Tire Market Analysis by Countries 6.1 North America Vehicle Tire Sales, Revenue and Market Share by Countries 6.1.1 North America Vehicle Tire Sales by Countries (2015-2020) 6.1.2 North America Vehicle Tire Revenue by Countries (2015-2020) 6.1.3 North America Vehicle Tire Market Under COVID-19 6.2 United States Vehicle Tire Sales and Growth Rate (2015-2020) 6.2.1 United States Vehicle Tire Market Under COVID-19 6.3 Canada Vehicle Tire Sales and Growth Rate (2015-2020) 6.4 Mexico Vehicle Tire Sales and Growth Rate (2015-2020) 7 Europe Vehicle Tire Market Analysis by Countries 7.1 Europe Vehicle Tire Sales, Revenue and Market Share by Countries 7.1.1 Europe Vehicle Tire Sales by Countries (2015-2020) 7.1.2 Europe Vehicle Tire Revenue by Countries (2015-2020) 7.1.3 Europe Vehicle Tire Market Under COVID-19 7.2 Germany Vehicle Tire Sales and Growth Rate (2015-2020) 7.2.1 Germany Vehicle Tire Market Under COVID-19 7.3 UK Vehicle Tire Sales and Growth Rate (2015-2020) 7.3.1 UK Vehicle Tire Market Under COVID-19 7.4 France Vehicle Tire Sales and Growth Rate (2015-2020) 7.4.1 France Vehicle Tire Market Under COVID-19 7.5 Italy Vehicle Tire Sales and Growth Rate (2015-2020) 7.5.1 Italy Vehicle Tire Market Under COVID-19 7.6 Spain Vehicle Tire Sales and Growth Rate (2015-2020) 7.6.1 Spain Vehicle Tire Market Under COVID-19 7.7 Russia Vehicle Tire Sales and Growth Rate (2015-2020) 7.7.1 Russia Vehicle Tire Market Under COVID-19 8 Asia-Pacific Vehicle Tire Market Analysis by Countries 8.1 Asia-Pacific Vehicle Tire Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Vehicle Tire Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Vehicle Tire Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Vehicle Tire Market Under COVID-19 8.2 China Vehicle Tire Sales and Growth Rate (2015-2020) 8.2.1 China Vehicle Tire Market Under COVID-19 8.3 Japan Vehicle Tire Sales and Growth Rate (2015-2020) 8.3.1 Japan Vehicle Tire Market Under COVID-19 8.4 South Korea Vehicle Tire Sales and Growth Rate (2015-2020) 8.4.1 South Korea Vehicle Tire Market Under COVID-19 8.5 Australia Vehicle Tire Sales and Growth Rate (2015-2020) 8.6 India Vehicle Tire Sales and Growth Rate (2015-2020) 8.6.1 India Vehicle Tire Market Under COVID-19 8.7 Southeast Asia Vehicle Tire Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Vehicle Tire Market Under COVID-19 9 Middle East and Africa Vehicle Tire Market Analysis by Countries 9.1 Middle East and Africa Vehicle Tire Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Vehicle Tire Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Vehicle Tire Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Vehicle Tire Market Under COVID-19 9.2 Saudi Arabia Vehicle Tire Sales and Growth Rate (2015-2020) 9.3 UAE Vehicle Tire Sales and Growth Rate (2015-2020) 9.4 Egypt Vehicle Tire Sales and Growth Rate (2015-2020) 9.5 Nigeria Vehicle Tire Sales and Growth Rate (2015-2020) 9.6 South Africa Vehicle Tire Sales and Growth Rate (2015-2020) 10 South America Vehicle Tire Market Analysis by Countries 10.1 South America Vehicle Tire Sales, Revenue and Market Share by Countries 10.1.1 South America Vehicle Tire Sales by Countries (2015-2020) 10.1.2 South America Vehicle Tire Revenue by Countries (2015-2020) 10.1.3 South America Vehicle Tire Market Under COVID-19 10.2 Brazil Vehicle Tire Sales and Growth Rate (2015-2020) 10.2.1 Brazil Vehicle Tire Market Under COVID-19 10.3 Argentina Vehicle Tire Sales and Growth Rate (2015-2020) 10.4 Columbia Vehicle Tire Sales and Growth Rate (2015-2020) 10.5 Chile Vehicle Tire Sales and Growth Rate (2015-2020) 11 Global Vehicle Tire Market Segment by Types 11.1 Global Vehicle Tire Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Vehicle Tire Sales and Market Share by Types (2015-2020) 11.1.2 Global Vehicle Tire Revenue and Market Share by Types (2015-2020) 11.2 Less than 15 Sales and Price (2015-2020) 11.3 15 to 20 Sales and Price (2015-2020) 11.4 More than 20 Sales and Price (2015-2020) 12 Global Vehicle Tire Market Segment by Applications 12.1 Global Vehicle Tire Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Vehicle Tire Sales and Market Share by Applications (2015-2020) 12.1.2 Global Vehicle Tire Revenue and Market Share by Applications (2015-2020) 12.2 OEM Sales, Revenue and Growth Rate (2015-2020) 12.3 Aftermarket Sales, Revenue and Growth Rate (2015-2020) 13 Vehicle Tire Market Forecast by Regions (2020-2026) 13.1 Global Vehicle Tire Sales, Revenue and Growth Rate (2020-2026) 13.2 Vehicle Tire Market Forecast by Regions (2020-2026) 13.2.1 North America Vehicle Tire Market Forecast (2020-2026) 13.2.2 Europe Vehicle Tire Market Forecast (2020-2026) 13.2.3 Asia-Pacific Vehicle Tire Market Forecast (2020-2026) 13.2.4 Middle East and Africa Vehicle Tire Market Forecast (2020-2026) 13.2.5 South America Vehicle Tire Market Forecast (2020-2026) 13.3 Vehicle Tire Market Forecast by Types (2020-2026) 13.4 Vehicle Tire Market Forecast by Applications (2020-2026) 13.5 Vehicle Tire Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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