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The heavy-duty vehicle tires market is forecasted to grow by USD 10.38 bn during 2023-2028, accelerating at a CAGR of 5.15% during the forecast period. The report on the heavy-duty vehicle tires market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for heavy-duty trucks for freight transportation, increasing penetration of TPMs, and adoption of predictive maintenance of tires.
The heavy-duty vehicle tires market is segmented as below:
By Application
- Trucks
- Buses
By End-user
- Aftermarket
- OEM
By Geography
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on the heavy-duty vehicle tires market covers the following areas:
- Heavy-duty vehicle tires market sizing
- Heavy-duty vehicle tires market forecast
- Heavy-duty vehicle tires market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global heavy-duty vehicle tires market: Apollo Tyres Ltd., Balkrishna Industries Ltd., Bridgestone Corp., Continental AG, Giti Tire, Hankook Tire and Technology Co. Ltd., Hawk Tires, JK Tyre and Industries Ltd., Michelin Group, MRF Ltd., Nokian Tyres Plc, Shandong Linglong Tyre Co. Ltd., Sumitomo Rubber Industries Ltd., The Carlstar Group LLC, The Goodyear Tire and Rubber Co., Toyo Tire Corp., Trelleborg AB, Yokohama Rubber Co. Ltd., Zhongce Rubber Group Co. Ltd., and Titan International Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is the emergence of smarter tires.'
According to the report, one of the major drivers for this market is the rising demand for heavy-duty trucks for freight transportation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apollo Tyres Ltd.
- Balkrishna Industries Ltd.
- Bridgestone Corp.
- Continental AG
- Giti Tire
- Hankook Tire and Technology Co. Ltd.
- Hawk Tires
- JK Tyre and Industries Ltd.
- Michelin Group
- MRF Ltd.
- Nokian Tyres Plc
- Shandong Linglong Tyre Co. Ltd.
- Sumitomo Rubber Industries Ltd.
- The Carlstar Group LLC
- The Goodyear Tire and Rubber Co.
- Toyo Tire Corp.
- Trelleborg AB
- Yokohama Rubber Co. Ltd.
- Zhongce Rubber Group Co. Ltd.
- Titan International Inc.
