openPR Logo
Press release

Truck and Bus Radial (TBR) Tire Market Size 2024: Global Share, Industry And Report Analysis By 2031 | SmartSens technology Sony Group Corp. STMicroelectronics NV

10-09-2024 02:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Truck and Bus Radial (TBR) Tire Market

Truck and Bus Radial (TBR) Tire Market

Truck and bus radial (TBR) tire market is anticipated to grow at a CAGR of 6.0% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for commercial vehicles, expanding transportation and logistics industry, and technological advancements in tire manufacturing. Furthermore, factors such as the need for fuel efficiency, improved vehicle performance, and increased safety standards are expected to drive the demand for TBR tires. For instance, in August 2022, Apollo Tyres launched five new truck-bus radial tires in India, catering to various positions and applications. One of the tires, Apollo EnduTrax MA, is designed for tipper trucks, offering superior cut resistance and durability for challenging terrains. The Apollo EnduRace RA is a regional tire known for its mileage, durability, and traction on wet and dry roads. Additionally, three tires, Apollo EnduMile LHD, LDR, and LDT, are designed for long-haul operations, providing improved fuel efficiency, longevity, and highway traction. This launch aims to enhance Apollo Tyres' market presence in India's truck and bus radial tire segment.

Get Free Sample link @ https://www.omrglobal.com/request-sample/tbr-tire-market

The global TBR tire market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analysed at a regional or country level as per the requirement. Among regions, the Asia-Pacific region is projected to experience considerable growth in the TBR tire market. Rapid industrialization, infrastructure development, and increasing urbanization in countries like China and India are driving the demand for commercial vehicles and subsequently boosting the demand for TBR tires. Additionally, the expanding e-commerce sector and growing transportation requirements contribute to market growth in the region.

full report of Truck and Bus Radial (TBR) Tire Market available @ https://www.omrglobal.com/industry-reports/tbr-tire-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Truck and Bus Radial (TBR) Tire Market Report Segment
By Application
• Truck
• Bus

By Type
• Steer Tires
• Drive Tires
• Trailer Tires
• Others (All-Position Tire)

By Sales Channel
• Original Equipment Markets
• Aftermarket

Global Truck and Bus Radial (TBR) Tire Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global truck and bus radial (TBR) tire market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/tbr-tire-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Truck and Bus Radial (TBR) Tire Market Size 2024: Global Share, Industry And Report Analysis By 2031 | SmartSens technology Sony Group Corp. STMicroelectronics NV here

News-ID: 3684933 • Views:

More Releases from orion market research

Distributed Fiber Optic Sensor Market Set to Witness Significant Growth by 2033 | OFS Fitel, LLC, Bandweaver, Omnisens SA, AP Sensing GmbH, and DarkPulse Inc
Distributed Fiber Optic Sensor Market Set to Witness Significant Growth by 2033 …
The global Distributed Fiber Optic Sensor (DFOS) market was valued at approximately USD 1,415.6 million in 2024 and is projected to reach USD 3,650.6 million by 2033, growing at a compound annual growth rate (CAGR) of 11.1% from 2025 to 2033. Distributed Fiber Optic Sensor Market Overview The Distributed Fiber Optic Sensor (DFOS) market is experiencing significant growth due to the increasing demand for real-time monitoring and structural health assessment across
Burner Management System Market Set to Witness Significant Growth by 2034 | Emerson Electric Co., ABB Ltd., Profire Energy, The Cleaver-Brooks Company
Burner Management System Market Set to Witness Significant Growth by 2034 | Emer …
The global Burner Management System Market was valued at approximately USD 6.09 billion in 2024 and is projected to reach USD 11.09 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.53% from 2025 to 2033. Burner Management System Market Overview The global Burner Management System (BMS) Market is experiencing robust growth, driven by the increasing demand for safety, efficiency, and regulatory compliance in industrial operations. BMS solutions are
Urgent Care Center Market Set to Witness Significant Growth by 2034 | GoHealth Urgent Care, Fast Pace Health, WellNow Urgent Care, VillageMD
Urgent Care Center Market Set to Witness Significant Growth by 2034 | GoHealth U …
The global Urgent Care Center Market was valued at approximately USD 27.37 billion in 2024 and is projected to reach USD 45.77 billion by 2034, reflecting a compound annual growth rate (CAGR) of 5.28% from 2025 to 2034. Urgent Care Center Market Overview The Urgent Care Center Market is experiencing significant growth, driven by the increasing demand for accessible, cost-effective, and timely medical services. These centers provide immediate care for non-life-threatening
Topical Drug Delivery Market Set to Witness Significant Growth by 2033 | GSK, Bausch Health, Hisamitsu Pharmaceutical, Cipla, and Viatris.
Topical Drug Delivery Market Set to Witness Significant Growth by 2033 | GSK, Ba …
The global Topical Drug Delivery Market was valued at approximately USD 247.3 billion in 2024 and is projected to reach USD 409.0 billion by 2033, reflecting a compound annual growth rate (CAGR) of 8.8% from 2025 to 2033. Topical Drug Delivery Market Overview The Topical Drug Delivery Market is experiencing significant growth, driven by the increasing prevalence of chronic skin conditions, rising demand for non-invasive treatment options, and advancements in drug

All 5 Releases


More Releases for TBR

Global Opportunity Analysis of the Truck & Bus Radial (TBR) Tire Market (2023-20 …
Truck and bus radial (TBR) tires are designed for all heavy-duty vehicles. TBR tires are primarily designed for road systems as it offers the characteristics such as great adaptability of the sidewalls, greater driving comfort, less heat generation by the tires at high speeds, higher resistance against tread-related harm and lowers fuel utilization through improved energy transfer of vitality from machine to the road. TBR tires are primarily used in
TBR Tire Market Size, Share | Growth - 2030
Exclusive Report by Ameco Research: TBR Tire Market Size Projected to Reach USD 185 Billion by 2030, Growing at 4.30% CAGR Ameco Research is proud to announce the launch of its latest market research report, TBR Tire Market. This comprehensive report provides in-depth analysis and insights into the current market trends and future projections in the Industry/Market Segment. Ameco Research has been at the forefront of providing quality market research
Truck & Bus Radial (TBR) Tire Market Progresses for Huge Profits during 2030
A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Truck & Bus Radial (TBR) Tire market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2020 to 2030. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of
Truck & Bus Radial (TBR) Tire Market Growth Drivers and Restrain Factors Study R …
The recent market intelligence study by the research analysts at Transparency Market Research (TMR) takes a deep dive into inner operations of the global Truck & Bus Radial (TBR) Tire market. It thoroughly examines the landscape of the market to offer readers accurate insights regarding the current, as well as projected trajectory of the market. The business intelligence study on the market is prepared by employing industry-validated primary and secondary
Truck & Bus Radial (TBR) Tire Market to Develop Rapidly by 2031, TMR Study
According to the report, the global truck & bus radial (TBR) tire market is projected to surpass US$ 98 Bn by 2030, expanding at a CAGR of ~6% during the forecast period driven by the increase in the usage of trucks globally. Expansion of Truck & Bus Radial (TBR) Tire Market Last mile deliveries and advent of e-Commerce have spurred road transportation traffic. The increase in the number of miles driven by
TBR Tire Market By Types, Application, Geography and Forecast 2021-2028
A Latest Research report published by Acumen Research And Consulting with title "TBR Tire Market Outlook to 2028. A detailed study accumulated to offer Latest insights about acute features of the Global TBR Tire Market. This report provides a detailed overview of key factors in the TBR Tire Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including