Heavy-duty Vehicle Tires Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, Canada, China, India, Japan - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 170 SKU: IRTNTR72778

Heavy-duty Vehicle Tires Market 2024-2028 

The heavy-duty vehicle tires market size is forecast to increase by USD 10.38 billion, at a CAGR of 5.15% between 2023 and 2028. The market The growth of the market depends on several factors such as the rising demand for heavy-duty trucks for freight transportation, the increasing penetration of TPMS, and the adoption of predictive maintenance of tires,

The report offers extensive research analysis on the Heavy-duty Vehicle Tires Market, with a categorization based on Application, including trucks and buses. It further segments the market by End-user, encompassing aftermarket and OEM. Additionally, the report provides Region segmentation, covering APAC, Europe, North America, Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD billion) for all the mentioned segments.

What will be the Size of the Heavy-duty Vehicle Tires Market During the Forecast Period?

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Heavy-duty Vehicle Tires Market: 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.

Key Heavy-duty Vehicle Tires Market Driver

One of the key factors driving the heavy-duty vehicle tires market growth is the increasing penetration of TPMS. Fleet managers increasingly use tire pressure monitoring systems (TPMS) to determine tire health and enhance safety. In addition, TPMS offers the schematics of tire health and notifies drivers and tire dealerships about the need for a replacement to ensure minimal waiting time.

Moreover, this system also notifies drivers of significant changes in tire air pressure to avoid running in under-inflated tires that increase fuel consumption. In addition, running in under-inflated tires increases rolling resistance and fuel consumption. Furthermore, fleet managers increasingly demand truck and bus tires equipped with the required sensors to ascertain information on tire health and avoid vehicle breakdown. Hence, such factors are driving the market growth during the forecast period. 

Key Heavy-duty Vehicle Tires Market Trends

A key factor shaping the heavy-duty vehicle tires market growth is the adoption of nanotechnology in tire manufacturing. Tire manufacturers are extensively leveraging nanotechnology to reduce the wear and tear of heavy-duty vehicle tires significantly. In addition, nanotechnology products offer stronger grips to winter tires when traversing snow-covered pavements. Furthermore, these tires give superior performance in extreme conditions.

Moreover, neoprene, a high-performance rubber additive, is used with the rubber mixture of the tire tread, which significantly helps reduce wear and tear. In addition, enhancements in rubber technology also impact the grip of tires. Neoprene is currently undergoing extensive tests. Hence, such factors are positively impacting the market which in turn drives the market growth during the forecast period.

Key Heavy-duty Vehicle Tires Market Challenge

Growing preference for 6x2 axles are one of the key challenges hindering the heavy-duty vehicle tires market growth. The increasing preference for fuel efficiency, as well as the rising stringency of vehicle emission systems, fuel the preference for commercial fuel-efficient trucks that do not compromise on load-pulling capacity. In addition, as a result, vehicle manufacturers have resorted to producing more truck models with 6x2 axle driveline configurations.

Moreover, a 6x2 axle driveline reduces the number of axles used in a truck and, as a result, the number of heavy-duty tires required. In addition, conventional commercial trucks are outfitted with 6x4 driveline configurations to improve traction on a variety of terrains. Furthermore, these heavy-duty vehicles have a drivetrain that powers both pairs of rear wheels, allowing them to transport heavy cargo over long distances without putting too much strain on the engine. Hence, such factors are hindering the market growth during the forecast period.

Heavy-duty Vehicle Tires 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 report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Heavy-duty Vehicle Tires Market Customer Landscape

Who are the Major Heavy-duty Vehicle Tires 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.

Apollo Tyres Ltd: The company offers heavy duty vehicle tires under the brand names of Amazer XL, Duramile, ENDUTMcomfort CA, ALT 118 and ALT 188.

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

  • Balkrishna Industries Ltd.
  • Bridgestone Corp.
  • Continental AG
  • Giti Tire
  • Hankook Tire and Technology Co. Ltd.
  • Hawk Tires
  • JK Tyre and Industries Ltd.
  • Michelin Group
  • MRF Ltd.
  • Nokian Tyres Plc
  • Shandong Linglong Tyre Co. Ltd.
  • Sumitomo Rubber Industries Ltd.
  • The Carlstar Group LLC
  • The Goodyear Tire and Rubber Co.
  • Toyo Tire Corp.
  • Trelleborg AB
  • Yokohama Rubber Co. Ltd.
  • Zhongce Rubber Group Co. Ltd.
  • Titan International Inc.

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 Largest-Growing Segments in the Heavy-duty Vehicle Tires Market?

The trucks segment is estimated to witness significant growth during the forecast period. The expansion of the freight and logistics sector is fuelled by globalization and e-commerce, resulting in an increased demand for heavy-duty trucks and consequently their tires. In addition, global trade and the need for efficient transportation of goods across borders contribute to the growth of the global heavy-duty vehicle tire market.

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The trucks segment was the largest segment and was valued at USD 28.71 billion in 2018. Moreover, the continued growth of e-commerce and the need for timely and efficient transportation of goods support the demand for heavy-duty trucks and their tires. In addition, urbanization trends and the increasing focus on last-mile delivery services contribute to the demand for heavy-duty trucks designed for urban environments and their corresponding tires. Furthermore, ongoing innovations in tire design, materials, and manufacturing processes contribute to the development of heavy-duty truck tires with improved performance, durability, and safety features. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.

Which are the Key Regions for the Heavy-duty Vehicle Tires Market?

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APAC is estimated to contribute 40% 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 heavy-duty vehicle tire market in APAC is expected to grow significantly due to factors such as the rapid economic development in many APAC countries, such as India and China, leading to increased industrialization, construction, and transportation activities. As a result, it fuels the demand for heavy-duty vehicles and replacement tires. In addition, the ongoing urbanization and infrastructure development projects in many APAC countries contribute to increased demand for heavy-duty vehicles used in construction, logistics, and public transportation, fueling the need for replacement tires. Furthermore, the agricultural industry in APAC heavily relies on heavy-duty vehicles for tasks such as plowing, harvesting, and transportation. Hence, such factors are driving the market growth in APAC during the forecast period.

Segment Overview

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

  • Application Outlook
    • Trucks
    • Buses
  • End-user Outlook
    • Aftermarket
    • OEM
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Heavy-duty Vehicle Tires Market Scope

Report Coverage

Details

Page number

170

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.15%

Market Growth 2024-2028

USD 10.38 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.65

Regional analysis

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

Performing market contribution

APAC at 40%

Key countries

US, Canada, China, India, and Japan

Competitive landscape

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

Key companies profiled

Apollo Tyres Ltd., Balkrishna Industries Ltd., Bridgestone Corp., Continental AG, Giti Tire, Hankook Tire and Technology Co. Ltd., Hawk Tires, JK Tyre and Industries Ltd., Michelin Group, MRF Ltd., Nokian Tyres Plc, Shandong Linglong Tyre Co. Ltd., Sumitomo Rubber Industries Ltd., The Carlstar Group LLC, The Goodyear Tire and Rubber Co., Toyo Tire Corp., Trelleborg AB, Yokohama Rubber Co. Ltd., Zhongce Rubber Group Co. Ltd., and Titan International Inc.

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, and 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 Heavy-duty Vehicle Tires Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market 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, North America, Europe, South America, and the 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 Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • 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 heavy-duty vehicle tires market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global heavy-duty vehicle tires market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 End-user Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – End-user 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 Application

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

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Aftermarket - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Aftermarket - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Aftermarket - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Aftermarket - Year-over-year growth 2023-2028 (%)
    • 7.4 OEM - Market size and forecast 2023-2028
      • Exhibit 52: Chart on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on OEM - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on OEM - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on OEM - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 56: Market opportunity by End-user ($ billion)
      • Exhibit 57: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 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 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 India - Market size and forecast 2023-2028
      • Exhibit 87: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.10 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 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 Canada - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: 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 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Apollo Tyres Ltd.
              • Exhibit 111: Apollo Tyres Ltd. - Overview
              • Exhibit 112: Apollo Tyres Ltd. - Business segments
              • Exhibit 113: Apollo Tyres Ltd. - Key offerings
              • Exhibit 114: Apollo Tyres Ltd. - Segment focus
            • 12.4 Bridgestone Corp.
              • Exhibit 115: Bridgestone Corp. - Overview
              • Exhibit 116: Bridgestone Corp. - Business segments
              • Exhibit 117: Bridgestone Corp. - Key news
              • Exhibit 118: Bridgestone Corp. - Key offerings
              • Exhibit 119: Bridgestone Corp. - Segment focus
            • 12.5 Continental AG
              • Exhibit 120: Continental AG - Overview
              • Exhibit 121: Continental AG - Business segments
              • Exhibit 122: Continental AG - Key offerings
              • Exhibit 123: Continental AG - Segment focus
            • 12.6 Giti Tire
              • Exhibit 124: Giti Tire - Overview
              • Exhibit 125: Giti Tire - Product / Service
              • Exhibit 126: Giti Tire - Key offerings
            • 12.7 Hankook Tire and Technology Co. Ltd.
              • Exhibit 127: Hankook Tire and Technology Co. Ltd. - Overview
              • Exhibit 128: Hankook Tire and Technology Co. Ltd. - Product / Service
              • Exhibit 129: Hankook Tire and Technology Co. Ltd. - Key offerings
            • 12.8 Hawk Tires
              • Exhibit 130: Hawk Tires - Overview
              • Exhibit 131: Hawk Tires - Product / Service
              • Exhibit 132: Hawk Tires - Key offerings
            • 12.9 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
            • 12.10 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
            • 12.11 Nokian Tyres Plc
              • Exhibit 143: Nokian Tyres Plc - Overview
              • Exhibit 144: Nokian Tyres Plc - Business segments
              • Exhibit 145: Nokian Tyres Plc - Key news
              • Exhibit 146: Nokian Tyres Plc - Key offerings
              • Exhibit 147: Nokian Tyres Plc - Segment focus
            • 12.12 Sumitomo Rubber Industries Ltd.
              • Exhibit 148: Sumitomo Rubber Industries Ltd. - Overview
              • Exhibit 149: Sumitomo Rubber Industries Ltd. - Business segments
              • Exhibit 150: Sumitomo Rubber Industries Ltd. - Key offerings
              • Exhibit 151: Sumitomo Rubber Industries Ltd. - Segment focus
            • 12.13 The Carlstar Group LLC
              • Exhibit 152: The Carlstar Group LLC - Overview
              • Exhibit 153: The Carlstar Group LLC - Product / Service
              • Exhibit 154: The Carlstar Group LLC - Key offerings
            • 12.14 The Goodyear Tire and Rubber Co.
              • Exhibit 155: The Goodyear Tire and Rubber Co. - Overview
              • Exhibit 156: The Goodyear Tire and Rubber Co. - Business segments
              • Exhibit 157: The Goodyear Tire and Rubber Co. - Key news
              • Exhibit 158: The Goodyear Tire and Rubber Co. - Key offerings
              • Exhibit 159: The Goodyear Tire and Rubber Co. - Segment focus
            • 12.15 Toyo Tire Corp.
              • Exhibit 160: Toyo Tire Corp. - Overview
              • Exhibit 161: Toyo Tire Corp. - Business segments
              • Exhibit 162: Toyo Tire Corp. - Key news
              • Exhibit 163: Toyo Tire Corp. - Key offerings
              • Exhibit 164: Toyo Tire Corp. - Segment focus
            • 12.16 Trelleborg AB
              • Exhibit 165: Trelleborg AB - Overview
              • Exhibit 166: Trelleborg AB - Business segments
              • Exhibit 167: Trelleborg AB - Key news
              • Exhibit 168: Trelleborg AB - Key offerings
              • Exhibit 169: Trelleborg AB - Segment focus
            • 12.17 Yokohama Rubber Co. Ltd.
              • Exhibit 170: Yokohama Rubber Co. Ltd. - Overview
              • Exhibit 171: Yokohama Rubber Co. Ltd. - Business segments
              • Exhibit 172: Yokohama Rubber Co. Ltd. - Key news
              • Exhibit 173: Yokohama Rubber Co. Ltd. - Key offerings
              • Exhibit 174: Yokohama Rubber Co. Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 175: Inclusions checklist
                • Exhibit 176: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 177: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 178: Research methodology
                • Exhibit 179: Validation techniques employed for market sizing
                • Exhibit 180: Information sources
              • 13.5 List of abbreviations
                • Exhibit 181: 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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              heavy-duty vehicle tires 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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