Automotive Tire Market Size, Share, By Type (Advanced Metering Infrastructure and Auto Meter Reading), By Application (Residential, Industrial, Commercial, and Others), and Regional Forecast, 2023 -2030. and Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030” in its research data.

Projected market size and growth rate of the Automotive Tire Market

According to latest report published by Fortune Business Insights, size is projected to grow from USD 13.88 billion by 2025 to USD 47.22 billion in 2018, at a CAGR of CAGR of 4.7% during the forecast period.

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Top Automotive Tire Market Size Manufacturers covered in the Market Report include:

  • Bridgestone Corp.
  • Michelin SCA
  • Goodyear Tyre & Rubber co.
  • Continental AG
  • Sumitomo Rubber Industries, Ltd.
  • Pirelli & C. SpA
  • Zhongce Rubber Company
  • Cheng Shin Rubber Industry Co.
  • MRF LTD
  • Toyo Tire & Rubber Co., Ltd
  • Cooper Tire and Rubber Company
  • Apollo Tyres Ltd
  • Nokian Tyres plc

Highlights of the Report:

  • Fortune Business Insights follows a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research.
  • The information used to estimate the market size and forecast for various segments at the global, regional, and country level is derived from the most credible published sources and through interviews with the right stakeholders.

Recent Key Industry Development:

January 2023- Sumitomo Rubber Industries collaborated with Global Data Service Organization for Tires and Automotive Components (GDSO). The collaboration is done to enhance the individual tire identification and management systems for tire traceability.

Automotive Tire Market Report Scope [2023-2030]

  • Report Title: Automotive Tire OEM Market Size, Share & Industry Analysis, By Design (Radial, Bias), By Tire Type (Tubeless, Tube), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), and Regional Forecast, 2019-2025
  • Automotive Tire Market CAGR:4.7%
  • Report Coverage: Revenue estimation and forecast, company profile, competitive landscape, growth factors, and recent trends
  • Segments Covered:Passenger Car Segment to Lead Due to Growing Demand
    16”-18” Size to Lead Due to Growing Production of Passenger Cars
    Radial Segment to Lead Due to the Strength and Flexibility of the Tire
    Tubeless Tire to Lead as it has High Resistance

If You Want More Insights Into The Automotive Tire Market, Buy Now This Exclusive Report:https://www.fortunebusinessinsights.com/checkout-page/101594

An Overview of the Impact of COVID-19 on this Market:

The outbreak of the COVID-19 pandemic has negatively impacted various business sectors across the world. Various impositions like lockdown, social distancing and ban on imports and exports have impacted the production and distribution of various goods and services, which were considered as non-essential by the governments. Many enterprises in the Automotive Tire Market were obliged to temporarily suspend operations due to the COVID-19 pandemic, in order to comply with new government rules aimed at preventing the disease’s spread. This pause in activities has a direct influence on the market’s revenue flow.

Report Inclusions:

Market Overview: It includes a product overview and scope of the global Automotive Tire Market. It offers a summary of the segmental analysis provided in the report. Here, product, application, and regional segments are highlighted. This chapter also includes market estimations related to revenue and sales.

Competition: This section sheds light on the competitive situations and trends, gives an analysis of manufacturers and provides figures related to average price by the player, revenue and revenue shares of individual market players, sales, and sales shares of individual players.

Region-wise Sales Analysis: The report in this section offers market numbers, and an analysis of revenue, sales, and market shares of individual regions. In addition, it provides sales and sales growth rate, pricing structure, revenue, and some other estimations for each regional market that has been studied.

Company Profiles: This section of the report offers in-depth insightful information about the financial and strategic business data of some of the leading companies operating in the global Automotive Tire Market landscape. In addition, product specifications, portfolios, regional footprint, revenue shares, and several other details are also covered in this chapter of the report.

FREQUENTLY ASKED QUESTIONS:

  • How much was the global Automotive Tire Market Market worth in 2030?
  • Who are the top players actively operating across the market?
  • How much will the global market be worth by 2030?
  • What are the key market drivers?
  • Which application segment is the leading across the globe?
  • At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

For More Specific Information, Speak to Our Analyst at:https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/101594

Major Points from Table of Contents

Global Automotive Tire Market Research Report 2023-2030, by Manufacturers, Regions, Types and Applications

  • Introduction
    • Objective of the Study
    • Definition of the Market
    • Market Scope
    • Market Segment by Type, Application and Marketing Channel
    • Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
    • Years Considered for the Study
    • Currency Considered (U.S. Dollar)
  • Key Findings of the Study
    • Market Dynamics
    • Driving Factors for this Market
    • Factors Challenging the Market
    • Opportunities of the Global Automotive Tire Market Market (Regions, Growing/Emerging Downstream Market Analysis)
    • Technological and Market Developments in the Automotive Tire Market
    • Industry News by Region
    • Regulatory Scenario by Region/Country
    • Market Investment Scenario Strategic Recommendations Analysis
  • Value Chain of the Automotive Tire Market
    • Value Chain Status
    • Upstream Raw Material Analysis
    • Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
    • Distributors/Traders
    • Downstream Major Customer Analysis (by Region)
    • Global Automotive Tire Market -Segmentation by Type
    • Global Automotive Tire Market -Segmentation by Application
    • Global Automotive Tire Market -Segmentation by Marketing Channel
    • Competitive Intelligence Company Profiles
  • Global Automotive Tire Market -Segmentation by Geography
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East and Africa
  • Future Forecast of the Global Automotive Tire Market from 2023-2030
    • Future Forecast of the Global Automotive Tire Market from 2023-2030 Segment by Region
    • Global Automotive Tire Market Production and Growth Rate Forecast by Type (2023-2030)
    • Global Automotive Tire Market Consumption and Growth Rate Forecast by Application (2023-2030)
  • Appendix
    • Methodology
    • Research Data Source

Continued….

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