Automotive Tire Market Analysis APAC, Europe, North America, South America, Middle East and Africa - US, China, India, Japan, Germany - Size and Forecast 2024-2028

Published: Jan 2024 Pages: 171 SKU: IRTNTR75693

Automotive Tire Market Forecast 2024-2028 

The automotive tire market size is forecast to increase by USD 55.94 billion, at a CAGR of 7.28% between 2023 and 2028. The market growth analysis depends on several factors such as, such as the rise in sales of passenger vehicles globally, the increasing adoption of e-commerce platforms by tire manufacturers, and the declining prices of natural rubber. 

The report includes a comprehensive outlook on the Automotive Tire Market, offering forecasts for the industry segmented by Distribution Channel, which comprises Aftermarket, and OEM. Additionally, it categorizes Vehicle Type into passenger vehicle, commercial vehicle, and electric vehicle, and covers Regions, including APAC, Europe, North America, South America, and Middle East and Africa. The market report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the size of the Automotive Tire Market During the Forecast Period?

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Key Drivers, Trends and Challenges

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Market Driver

The rise in sales of passenger vehicles globally is driving the market. The global market is experiencing growth driven by the increasing sales of various passenger vehicles, including sedans, hatchbacks, SUVs, MPVs, crossovers, and vans. These vehicles have longer lifespans, resulting in a continuous demand for tires. The BRIC countries, namely Brazil, Russia, India, and China, have become key growth markets for the automotive industry due to their economic expansion and the competition among global vehicle manufacturers. In the US, the average age of vehicles in use is rising, reaching a new record of 12.5 years.

Moreover, the improved durability and construction of vehicles lead consumers to keep their vehicles for longer periods. As a result, there is a growing demand for automotive replacement parts, including tires, to maintain and service these vehicles. With vehicles being used for extended periods, regular maintenance and tire replacements become essential. This creates a higher demand for tires through both offline and online channels. Consequently, the global market is expected to witness significant growth in line with the increasing sales of passenger vehicles during the forecast period.

Market Trends

The introduction of connected tires is the primary trend shaping market growth. Connected tires, equipped with sensors and communication technologies, drive automotive industry advancements. Real-time monitoring of tire pressure, temperature, and tread wear enhances safety and performance. Integration with vehicle systems optimizes efficiency, adjusting traction control and stability based on tire conditions. Data from connected tires improves road safety, preventing accidents from underinflated or overinflated tires.

Furthermore, in alignment with market trends and analysis, in commercial applications, connected tires play a pivotal role in fleet management, enabling remote monitoring and proactive maintenance scheduling based on tire performance data. Thus, as the automotive industry continues to embrace the era of connectivity and smart technologies, the integration of connected tires is expected to be a key driver for innovation, safety, and efficiency in the global market during the forecast period.

Market Challenge

The increasing threat of counterfeit tires is a challenge that affects market growth. Counterfeit tires are notorious for being made with inferior materials and lacking proper safety features. This can lead to blowouts, tread separation, and inadequate traction, putting drivers and passengers at risk. The presence of counterfeit tires erodes consumer confidence in the authenticity and reliability of tires in the market. This can lead to a decline in trust for genuine tire brands, impacting their market share and overall sales. Thus, counterfeit tires bearing the branding of reputable manufacturers can tarnish the image and reputation of these legitimate companies. 

Moreover, counterfeit tires often enter the market at lower prices, attracting cost-conscious consumers. This price competition can lead to a loss of revenue for legitimate tire manufacturers as they struggle to compete with counterfeit products on price. Furthermore, the prevalence of counterfeit tires creates an unfair playing field for legitimate manufacturers. Hence, the increasing threat of counterfeit tires is anticipated to impede market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Automotive Tire Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Bridgestone Corp.: The company offers automotive tires such as Ecopia fuel saving performance, Potenza road gripping performance, Turanza luxury performance, and Dueler versatile performance.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Apollo Tyres Ltd.
  • CEAT Ltd.
  • FURUKAWA Co. Ltd.
  • Hankook Tire and Technology Co. Ltd.
  • Hefei Wanli Tire Co., Ltd.
  • JK Tyre and Industries Ltd.
  • Michelin Group
  • MRF Ltd.
  • Nokian Tyres Plc
  • Pirelli and C S.p.A
  • Sailun Group
  • Salsons Impex Pvt. Ltd.
  • Schaeffler AG
  • Shandong Linglong Tyre Co. Ltd.
  • Sumitomo Rubber Industries Ltd.
  • The Goodyear Tire and Rubber Co.
  • Toyo Tire Corp.
  • Triangle Tyres
  • Zhongce Rubber Group Co. Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the growing segments in the Market?

The aftermarket segment is estimated to witness significant growth during the forecast period. As vehicles age, the aftermarket tire segment gains momentum with consumers aiming to uphold or enhance their vehicle's performance and safety. Offering a variety of brands, types, and specifications, the aftermarket accommodates customization based on preferences, driving habits, and budget constraints

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The aftermarket segment was the largest segment and was valued at USD 74.12 billion in 2018. Seasonal changes prompt demand for specialized tires, while enthusiasts seek high-performance options for improved handling and aesthetics. Online platforms like Amazon facilitate easy access to a diverse selection of aftermarket tires, supporting segment growth. Notable manufacturers, including Goodyear, Hankook, and Pirelli, cater to consumer needs for replacement or upgraded tires in the aftermarket. Thus, such factors will drive market growth during the forecast period. 

Key Regions 

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APAC is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The APAC  market is flourishing due to a burgeoning automotive industry and escalating vehicle demand. The presence of major manufacturers like Great Wall Motors, Toyota, Hyundai, and Tata in China, Japan, South Korea, and India respectively, solidifies APAC as a pivotal tire manufacturing hub.

Further, supportive government policies impact tire production and quality positively. APAC boasts the world's largest motorcycle industry, with a 13.2% increase in two-wheeler sales in India in 2022. Rising demand for tires spans passenger cars and light, and heavy commercial vehicles, notably from emerging markets like India and Bangladesh, fueled by increased disposable income and evolving lifestyles.  Thus, such factors will drive the growth of the regional market during the forecast period.

Segment Overview

The market analysis and report forecasts market growth and forecasting by revenue at global, regional & country levels and provides an analysis of the latest market growth and trends opportunities from 2018 to 2028. 

  • Distribution Channel Outlook
    • Aftermarket
    • OEM
  • Vehicle Type Outlook
    • Passenger vehicle
    • Commercial vehicle
    • Electric vehicle
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Automotive Tire Market Scope

Report Coverage

Details

Page number

171

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.28%

Market Growth 2024-2028

USD 55.94 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.76

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 42%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Apollo Tyres Ltd., Bridgestone Corp., CEAT Ltd., FURUKAWA Co. Ltd., Hankook Tire and Technology Co. Ltd., Hefei Wanli Tire Co., Ltd., JK Tyre and Industries Ltd., Michelin Group, MRF Ltd., Nokian Tyres Plc, Pirelli and C S.p.A, Sailun Group, Salsons Impex Pvt. Ltd., Schaeffler AG, Shandong Linglong Tyre Co. Ltd., Sumitomo Rubber Industries Ltd., The Goodyear Tire and Rubber Co., Toyo Tire Corp., Triangle Tyres, and Zhongce Rubber Group Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market forecast between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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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 Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle 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 automotive tire market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive tire market 2018 - 2022 ($ billion)
    • 4.2 Distribution Channel Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Distribution Channel Segment 2018 - 2022 ($ billion)
    • 4.3 Vehicle Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Vehicle Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 30: Chart on Distribution Channel - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Distribution Channel - Market share 2023-2028 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 32: Chart on Comparison by Distribution Channel
      • Exhibit 33: Data Table on Comparison by Distribution Channel
    • 6.3 Aftermarket - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
    • 6.4 OEM - Market size and forecast 2023-2028
      • Exhibit 38: Chart on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on OEM - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on OEM - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 42: Market opportunity by Distribution Channel ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ billion)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Vehicle Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Vehicle Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 46: Chart on Comparison by Vehicle Type
      • Exhibit 47: Data Table on Comparison by Vehicle Type
    • 7.3 Passenger vehicle - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Passenger vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Passenger vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Passenger vehicle - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Passenger vehicle - Year-over-year growth 2023-2028 (%)
    • 7.4 Commercial vehicle - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Commercial vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Commercial vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Commercial vehicle - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Commercial vehicle - Year-over-year growth 2023-2028 (%)
    • 7.5 Electric vehicle - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Electric vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Electric vehicle - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Electric vehicle - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Electric vehicle - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Vehicle Type
      • Exhibit 60: Market opportunity by Vehicle Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Vehicle Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 Apollo Tyres Ltd.
              • Exhibit 115: Apollo Tyres Ltd. - Overview
              • Exhibit 116: Apollo Tyres Ltd. - Business segments
              • Exhibit 117: Apollo Tyres Ltd. - Key offerings
              • Exhibit 118: Apollo Tyres Ltd. - Segment focus
            • 12.4 Bridgestone Corp.
              • Exhibit 119: Bridgestone Corp. - Overview
              • Exhibit 120: Bridgestone Corp. - Business segments
              • Exhibit 121: Bridgestone Corp. - Key news
              • Exhibit 122: Bridgestone Corp. - Key offerings
              • Exhibit 123: Bridgestone Corp. - Segment focus
            • 12.5 CEAT Ltd.
              • Exhibit 124: CEAT Ltd. - Overview
              • Exhibit 125: CEAT Ltd. - Business segments
              • Exhibit 126: CEAT Ltd. - Key offerings
              • Exhibit 127: CEAT Ltd. - Segment focus
            • 12.6 Hankook Tire and Technology Co. Ltd.
              • Exhibit 128: Hankook Tire and Technology Co. Ltd. - Overview
              • Exhibit 129: Hankook Tire and Technology Co. Ltd. - Product / Service
              • Exhibit 130: Hankook Tire and Technology Co. Ltd. - Key offerings
            • 12.7 Hefei Wanli Tire Co., Ltd.
              • Exhibit 131: Hefei Wanli Tire Co., Ltd. - Overview
              • Exhibit 132: Hefei Wanli Tire Co., Ltd. - Key offerings
            • 12.8 JK Tyre and Industries Ltd.
              • Exhibit 133: JK Tyre and Industries Ltd. - Overview
              • Exhibit 134: JK Tyre and Industries Ltd. - Business segments
              • Exhibit 135: JK Tyre and Industries Ltd. - Key news
              • Exhibit 136: JK Tyre and Industries Ltd. - Key offerings
              • Exhibit 137: JK Tyre and Industries Ltd. - Segment focus
            • 12.9 Michelin Group
              • Exhibit 138: Michelin Group - Overview
              • Exhibit 139: Michelin Group - Business segments
              • Exhibit 140: Michelin Group - Key news
              • Exhibit 141: Michelin Group - Key offerings
              • Exhibit 142: Michelin Group - Segment focus
            • 12.10 MRF Ltd.
              • Exhibit 143: MRF Ltd. - Overview
              • Exhibit 144: MRF Ltd. - Product / Service
              • Exhibit 145: MRF Ltd. - Key offerings
            • 12.11 Pirelli and C S.p.A
              • Exhibit 146: Pirelli and C S.p.A - Overview
              • Exhibit 147: Pirelli and C S.p.A - Business segments
              • Exhibit 148: Pirelli and C S.p.A - Key offerings
              • Exhibit 149: Pirelli and C S.p.A - Segment focus
            • 12.12 Sailun Group
              • Exhibit 150: Sailun Group - Overview
              • Exhibit 151: Sailun Group - Product / Service
              • Exhibit 152: Sailun Group - Key offerings
            • 12.13 Salsons Impex Pvt. Ltd.
              • Exhibit 153: Salsons Impex Pvt. Ltd. - Overview
              • Exhibit 154: Salsons Impex Pvt. Ltd. - Product / Service
              • Exhibit 155: Salsons Impex Pvt. Ltd. - Key offerings
            • 12.14 Schaeffler AG
              • Exhibit 156: Schaeffler AG - Overview
              • Exhibit 157: Schaeffler AG - Business segments
              • Exhibit 158: Schaeffler AG - Key offerings
              • Exhibit 159: Schaeffler AG - Segment focus
            • 12.15 Shandong Linglong Tyre Co. Ltd.
              • Exhibit 160: Shandong Linglong Tyre Co. Ltd. - Overview
              • Exhibit 161: Shandong Linglong Tyre Co. Ltd. - Product / Service
              • Exhibit 162: Shandong Linglong Tyre Co. Ltd. - Key offerings
            • 12.16 Sumitomo Rubber Industries Ltd.
              • Exhibit 163: Sumitomo Rubber Industries Ltd. - Overview
              • Exhibit 164: Sumitomo Rubber Industries Ltd. - Business segments
              • Exhibit 165: Sumitomo Rubber Industries Ltd. - Key offerings
              • Exhibit 166: Sumitomo Rubber Industries Ltd. - Segment focus
            • 12.17 The Goodyear Tire and Rubber Co.
              • Exhibit 167: The Goodyear Tire and Rubber Co. - Overview
              • Exhibit 168: The Goodyear Tire and Rubber Co. - Business segments
              • Exhibit 169: The Goodyear Tire and Rubber Co. - Key news
              • Exhibit 170: The Goodyear Tire and Rubber Co. - Key offerings
              • Exhibit 171: The Goodyear Tire and Rubber Co. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              automotive tire market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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