Truck And Bus Tire Market Analysis - Global Industry Size, Share, Trends and Forecast, 2018 - 2026

Category : Automotive, Transportation and Logistics | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC489

Introduction

Truck and bus are the widely used mode of transportation for freight and public, globally and the tires are most essential part of such vehicles. Vehicle tires offer a higher level of safety, dependability, and cost effectiveness for city, highway, on road and off road and winter driving conditions. Players involved in manufacturing of tires are continually engaged on new innovations in truck and bus tire technology.

Market Dynamics

The increasing need of passenger and freight transportation vehicles and innovations in tire manufacturing technology is directly benefiting the overall sale of truck and bus tires. Manufacturers of tire are constantly making innovations in the material used such as non-pneumatic tires, firmer tiring nanomaterialand technologies for overcoming present wear and rolling resistance and tire grip in truck tires. Likewise, more focus has been given in quest of alternative, sustainability, and abate the use of volatile raw materials such as oil derived products or organic rubber for quality advancement of tires.Increasein pubic and freight transportation due to growing mobility and urbanization has increased the need for vehicle ownership and in due course has up-surged the demand for quality tires and is leading to the market growth.

Market Classification and Overview

The market can be bifurcated on the basis of tire type, vehicle type, by weatherability, and geography. By tire type, the market is segment into tube-type, tubeless, non-radial, or radial. On the basis of vehicle type, the market is classified into light duty vehicle, heavy duty vehicle and passenger bus vehicle. Based on weatherability, the market can be segmented into summer tires, winter tires, and all-season tires. On the basis of geography, the truck and bus tire market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market

Truck-Bus Tire Market

Analysis Period

2016 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

Tire Type, Vehicle Type, Weatherability, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis

 

Market Participants

Some of the major players involved in the sale of truck and bus tires include Sumitomo, Bridgestone, Michelin, Goodyear, Cooper Tire, Triangle Group, Yokohama, Maxxis, Hengfeng Rubber, GITI Tire,  Kumho Tire, Toyo Tire, Apollo Tyres, Continental, Pirelli, Nexen Tire, Zhongce, Nokian Tyres,  and Hankook among others.

Market Segmentation

Market By Tire Type

·         Tube-type

·         Tubeless

·         Non-Radial

·         Radial

Market By Vehicle Type

·          Light duty vehicle

o    Sports utility vehicles

o    Crossover utility vehicles

o    Pickup trucks

o    Minivans

·         Heavy duty vehicle

o    Concrete transport truck (cement mixer)

o    Garbage truck

o    Refrigerator truck

o    Tank truck

o    Others (Mobile crane, Dump truck, Tractor unit, Log carrier)

·         Passenger bus vehicle

o    Articulated bus

o    Customized bus

o    Double-decker bus

o    Electric bus

o    Others

Market By Weatherability

·         Summer tires

·         Winter tires

·         All-season tires

Market By Geography

·         North America

o    US

o    Canada

o    Mexico

·         Europe

o    UK

o    Germany

o    France

o    Rest of Europe

·         Asia-Pacific

o    China

o    Japan

o    India

o    Australia

o    Rest of Asia-Pacific

·         Latin America

o    Brazil

o    Rest of Latin America

·         Middle East and Africa (MEA)

o    South Africa

o    Saudi Arabia

o    Rest of MEA


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