Global Truck-Bus Tires Market Growth 2023-2029

Global Truck-Bus Tires Market Growth 2023-2029

Truck-Bus Tires are primarily designed for the truck & bus which are more than 21 ft. in size & more than 10,000 lbs. in gross weight of the vehicle. The TBR tires are manufactured with the purpose of supporting transportation services. Since these vehicles have maximum travel time on highways, they are specifically designed with the features such as adaptive sidewalls for comfortable driving, low heating of tire at high speeds, higher impediment against tread-related harm, and provide benefit of low fuel consumption to enhance performance & durability. Players involved in manufacturing of tires are continually engaged on new innovations in truck and bus tire technology.

LPI (LP Information)' newest research report, the “Truck-Bus Tires Industry Forecast” looks at past sales and reviews total world Truck-Bus Tires sales in 2022, providing a comprehensive analysis by region and market sector of projected Truck-Bus Tires sales for 2023 through 2029. With Truck-Bus Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Truck-Bus Tires industry.

This Insight Report provides a comprehensive analysis of the global Truck-Bus Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Truck-Bus Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Truck-Bus Tires market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Truck-Bus Tires and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Truck-Bus Tires.

The global Truck-Bus Tires market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In the Japanese market, the major manufacturers are Bridgestone, Sumitomo Rubber, Yokohama and Toyo Tire.

This report presents a comprehensive overview, market shares, and growth opportunities of Truck-Bus Tires market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

OEM Tire

Replacement Tire

Segmentation by application

Truck

Bus

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bridgestone

Sumitomo Rubber

Yokohama

Toyo Tire

Key Questions Addressed in this Report

What is the 10-year outlook for the global Truck-Bus Tires market?

What factors are driving Truck-Bus Tires market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Truck-Bus Tires market opportunities vary by end market size?

How does Truck-Bus Tires break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.