The passenger vehicle tire market is forecasted to grow by USD 12,332.27 mn during 2023-2028, accelerating at a CAGR of 6.76% during the forecast period. The report on the passenger vehicle tire market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 urbanization globally, growing demand for ride-share and ride-hail services., and increasing e-commerce and online shopping.
Technavio's passenger vehicle tire market is segmented as below:
By Type
All season
Summer
Winter
By End-user
OEM
Aftermarket
By Geographical Landscape
APAC
Europe
North America
South America
Middle East and Africa
This study identifies the growing use of green and sustainable tires as one of the prime reasons driving the passenger vehicle tire market growth during the next few years. Also, rising micromobility and last-mile transport and emergence of smart tire technology will lead to sizable demand in the market.
The report on the passenger vehicle tire market covers the following areas:
Passenger vehicle tire market sizing
Passenger vehicle tire market forecast
Passenger vehicle tire market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading passenger vehicle tire market vendors that include Apollo Tyres Ltd., Bridgestone Corp., Continental AG, Federal Corp., Giti Tire, Hankook Tire and Technology Co. Ltd., Huayi Tire Canada Inc., Kesoram Industries Ltd., Kumho Tire Co. Inc., Maxxis International, Michelin Group, NEXEN TIRE Co. Ltd., Nokian Tyres Plc, Pirelli and C S.p.A, Sumitomo Rubber Industries Ltd., The Goodyear Tire and Rubber Co., Toyo Tire Corp., Triangle Tyres, Yokohama Rubber Co. Ltd., and Zhongce Rubber Group Co. Ltd.. Also, the passenger vehicle tire market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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 in addition to an analysis of the key vendors.
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global content protection market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global content protection market 2018 - 2022 ($ billion)