0

Global Bus Tire Market 2019-2023

  • Published: Dec 2018
  • Pages: 127
  • SKU: IRTNTR30345
Technavio

The 2022-2026 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!

Get me the latest version! (includes COVID-19 impact)
Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The global bus tire market size will grow by 1.77 million units during 2019-2023. This report offers an analysis of the market based on product (replacement tires and OE tires) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Bridgestone, Continental, MICHELIN, Pirelli & C., The Goodyear Tire & Rubber, and THE YOKOHAMA RUBBER.

Below are some of the key findings from the bus tire market research report

bus tire market

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

Get a FREE sample now!

Global bus tire industry overview

The key factor driving the growth of the global bus tire market is the falling rubber prices which is boosting the profit margins of tire manufacturers. The significant drop in rubber prices over the past few years has added to manufacturers' bottom lines. Tire manufacturing costs involve raw materials that usually represents about 50% of the overall cost. Lower rubber prices could make a strong impact on smaller players in the tire manufacturing industry. Hence, the outlook for tire manufacturers is positive, and the demand should continue to trend upward with volume growth in line with broad economic indicators. This will drive the global bus tire market and the market is expected to post a CAGR of nearly 3% during the period.

The development of specialized tires for electric buses is identified as one of the key emerging trends in the global bus tire market. The global bus and coaches market is increasingly shifting from conventional buses to electric buses. Moreover, one of the crucial factors impacting the adoption of electric buses is mileage. Consequently, bus manufacturers are making constant efforts to enhance mileage by adopting advanced technologies. As tires contribute significantly to the energy consumption of electric buses, tire manufacturers have developed specialized tires. Prominent tire manufacturers have developed specialized tires for electric vehicles as electric bus adoption is growing across the world. Apart from the development of specialized tires for electric processes and falling prices of rubber, the growing adoption of environment-friendly tire manufacturing processes is gaining significance in the bus tire market to reduce the carbon footprint.

Top bus tire companies covered in this market research report

The bus tire market is highly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this bus tire industry analysis report will aid clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • Bridgestone
  • Continental
  • MICHELIN
  • Pirelli & C.
  • The Goodyear Tire & Rubber
  • THE YOKOHAMA RUBBER

Bus tire market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. This region will witness an increase in its market share and dominate the market during the forecast period.

Bus tire market segmentation based on product

  • Replacement tires
  • OE tires

The replacement tires segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the bus tire market size.

Key highlights of the global bus tire market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the bus tire market during the next five years
  • Precise estimation of the global bus tire market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the bus tire industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of bus tire companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Replacement tires - Market size and forecast 2018-2023
  • OE tires - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • Americas - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 10: TRENDS

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bridgestone
  • Continental
  • MICHELIN
  • Pirelli & C.  
  • The Goodyear Tire & Rubber 
  • THE YOKOHAMA RUBBER

PART 13: APPENDIX

  • Research methodology
  • 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.

TechnavioINFORMATION 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
Technavio

TechnavioDATA 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
Technavio

TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
Interested in this report?
Get your FREE sample now!
Safe and Secure SSL Encrypted
Technavio

Single User:

2500 USD

Technavio Get the report (PDF) sent to your email within minutes.

Subscribe & Save

Get lifetime access to our
Technavio Insights

Want to customize this report?

This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase
Technavio
Enquire Before Buying
  1. Home
  2. Consumer Discretionary
  3. Published Reports 2019
17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>