1. Market Research
  2. > Automotive
  3. > Tire Market Trends

Automotive Tire Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2021

  • June 2015
  • 90 pages
  • Transparency Market Research
Report ID: 3095683

Summary

Table of Contents

This market research study analyzes the Automotive Tire System Market on a global level, and provides estimates in terms of revenue (USD billion) from 2015 to 2021. It identifies the drivers and restraints affecting the industry and analyzes their impact over the forecast period. Moreover, it identifies the significant opportunities for market growth in the next few years.

Tire is a ring shaped vehicle component that covers the wheel rim to enable better vehicle performance. Out of two types, radial tires are being commonly used in passenger vehicle, light commercial vehicle and heavy commercial vehicle whereas bias tires are being used in two wheelers segment. Currently, system integrators and OEM’s are heavily investing in R&D for manufacturing of cheaper and technologically improved tires. Global players like Continental, Bridgestone are investing approximately 4.5 % of their total sales. The tires come in different sizes and shapes depending on the vehicle requirements.

The global automotive tire market is segmented by region into North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW). The increasing production of vehicles along with improving economic conditions is set to bolster the growth of the global automotive tire market. Moreover, with the economic growth in the developing region, GDP gains and increased rate of car production in developed countries in APAC and RoW poised the growth of the market. India, China and Japan are the major contributors for the growth of automotive tire market in Asia Pacific. Several system integrators and OEMs are increasing penetration in Asia-pacific to supply the considerable demand for vehicles in the region. Europe is estimated to be the second largest market for tires, owing to the increased production of vehicles and presence of some major car manufacturers in the region. In addition, the report segments the market based on types which includes Radial Tire and Bias Tire. All these segments have also been estimated on the basis of geography in terms of revenue (USD billion).

This report provides strategic analysis of the global automotive tire market, and the growth forecast for the period 2015 to 2021. The span of the report includes competitive analysis of various market segments based on the types, module and in-depth cross sectional analysis of the automotive tires market across different geographic segments. To support the strategic decision making, the report also includes profiling of leading players in the industry, their market share and various strategies adopted by them. The value chain and market attractiveness analysis included in the report provide insight into market dynamics and industry competition.

The report also provides company market share analysis of the various industry participants with company overview, financial overview, business strategies, and recent developments in the field of Automotive Tire market. Major market participants profiled in this report include Bridgestone, Michelin, Goodyear, Pirelli, Continental, and among others. Product innovation is one of the essential strategies implemented by the companies to sustain in the global market. In order to do so, the leading players in the automotive tire market are investing heavily on a continued basis on research and development activities. Green tires with high durability and energy efficiency are being largely demanded by the consumers and automobile manufacturers. Therefore, there has been increasing efforts by the automotive tire manufacturers to meet such demands by bringing innovation in their products. In the automotive tire market, it is essential for all companies to adhere to the safety standards and regulations set up by governments of respective countries. Superior quality of products ensures long term business profitability through customer satisfaction. Adherence to the quality standards also creates goodwill and a positive brand image of the company.

The report segments the global automotive tire market as:

Automotive Tire Market: By geography
North America
Europe
Asia Pacific
Rest of the World
The report provides a cross-sectional analysis of all the above segments with respect to the above mentioned regions.

Automotive Tire Market: By type
Radial Tire
Bias Tire
Automotive Tire Market: By application
Passenger Cars
Light Commercial Vehicle
Heavy Commercial Vehicle
Two Wheelers

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Winter Tire Market Forecast & Opportunities, 2021

  • $ 4400
  • Industry report
  • March 2017
  • by TechSci Research

Winter tires or snow tires are designed for use in cold weather, snow and ice. They have a tread design with bigger gaps than those on summer tires, which increases the traction on snow and mud. Some have ...

Global Automotive Snow Chain Market 2017-2021

  • $ 3500
  • Industry report
  • May 2017
  • by Infiniti Research Limited

About Automotive Snow Chain Snow chains are mainly nets of chains designed to wrap around the tires to provide traction in times of adverse weather conditions such as freezing temperatures. One pair of ...

Automotive Tire Market Report 2017-2027

  • $ 3247
  • Industry report
  • March 2017
  • by Visiongain

Report Details Visiongain assesses that the worldwide automotive tire market will achieve a value of $219bn in 2017. The global automotive tire market is of course strongly correlated with the production ...


Download Unlimited Documents from Trusted Public Sources

The future of the Auto Tire Industry in the US

  • April 2017
    12 pages
  • Auto Tire  

    Tire  

    Training  

  • United States  

View report >

Auto Tire Industry - Forecast

  • February 2017
    6 pages
  • Auto Tire  

View report >

Auto Tire Industry in the US

  • January 2017
    8 pages
  • Auto Tire  

  • United States  

View report >

Tire Industry

8 days ago

Related Market Segments :

Auto Tire
Tire

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.