Press release
Tires Market to reach USD 169.06 Bn by 2029, emerging at a CAGR of 4.2 percent and forecast 2023-2029
Tires Market Report Scope and Research Methodology :To derive these insights, a robust research methodology was employed, ensuring the accuracy and reliability of the data. Interested parties can delve into the details by requesting a free sample report.
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Tires Market Dynamics:
The global tire market is propelled by the surge in vehicle production and sales globally. This includes not only standard vehicles but also commercial vehicles like trucks, tractors, and trailers. The market also witnesses growth due to consumer demand for low-weight and luxury vehicles.
Tires Market Regional Insights:
In the U.S., the tire market holds a 28% share, poised to grow at 5.4% during the forecast period. Europe is anticipated to reach 593 billion units, with Germany growing at a CAGR of 3.4%. The Asia-Pacific region, holding 48% of the global market in 2022, is expected to grow at a CAGR of 5.3% during the forecast period.
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Tires Market Segmentation:
by Type
Radial Tires
Bias Tires
Non-Pneumatic Tires
by Vehicle Type
Passenger Cars
Commercial Cars
Off-Road Cars
Tires Market Key Players:
North America
Cooper Tire & Rubber Company (U.S)
Goodyear Tire & Rubber Company (U.S)
Europe
Avon Tyres (U.K)
Continental AG (Germany)
MITAS A.S. (Czech Republic)
Michelin (France)
Groupe Michelin (France)
Nokian Tyres Oyj (Finland)
Pirelli & C. S.p.A (Italy)
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-tires-market/112589/
Table of content for the Tires Market includes:
Global Tires Market : Research Methodology
Global Tires Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Tires Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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