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


Related Reports

Automotive Engineering Services Market (By Product: Meat Flavored, Fish Flavored, Cheese Flavored, Chocolate Flavored, Others; By Dosage Form: Liquid Form/ Concentrates, Medicated Chewable Forms; By Animal Type: Cats, Dogs, Birds, Small Animals Reptiles, Horse and Large Animals) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive engineering services market is expected to grow at a CAGR of around 12.3% from 2019 to 2026 and expected to reach the market value of around 352 Bn by 2026. Automotive engineering is the activity of designing and constructing automobiles with the combination of mechanical, electrical, electronic, software and safety engineering. Automotive engineering services are provided for designing a

Automotive Lightweight Materials Market By Material Type (Metals, Composites, Plastics, Elastomer), By Electric & Hybrid Vehicle Type (BEV, HEV, PHEV, Truck, Bus), By Vehicle Type (PC, LCV, HCV), By Component (Frame, Wheel, Bumpers & Fenders, Engine & Exhaust, Fuel Tank, Transmission, Doors, Hood & Trunk Lid, Seats, Instrument Panel), By Application (Body in white, Chassis & suspension, Powertrain, Closures, Interiors, Others) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive lightweight materials market is expected to grow at a CAGR of 8.0% over the forecast period 2019 to 2026 and market to attain valuation of over US$ 155,985 Mn by 2026. In order to reduce their weight and increase their speed and fuel consumption, automotive lightweight materials are used. These lightweight materials are an appropriate replacement for heavy con

Automotive VVT System Market By Product Type (Continuous VVT, Non-continuous VVT), By Application (Passenger Vehicle, Light commercial vehicle, Heavy commercial vehicle) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

The global automotive VVT system market size is expected to reach around US$ 76,545 million by 2026 with a CAGR of above 4% over the forecast period 2019-2026. Automotive industry is experiencing a drastic change across the globe. Rising government regulation related to pollution, carbon footprints, and developing transportation sector is shifting manufacturers focus on development

Automotive Laser Headlight Market By Vehicle: (Passenger Vehicle, Commercial Vehicle) By Sales Channel: (OEM, Aftermarket) – Global Industry Analysis, Market Size, Opportunities And Forecast, 2019 - 2026

The global automotive laser headlight market size is expected to reach around 339.7 Bn by 2026 and growing at a CAGR of around 67.9% from forecast period 2019 to 2026. Laser headlights are the automotive components used for lighting the road surface to increase safety, and also to avoid risk of accidents. Laser headlights are an innovative technology used in the automobiles, where

Car Rental Market (By Booking Type: Online Access, Offline Access; By Application Type: Leisure/Tourism and Business; By Vehicle Type: Economy/Budget Cars, Luxury/Premium Car) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global car rental market size is expected to reach over USD 187.5 billion by 2026 and is expected to grow at a CAGR of 13.7% during the forecast period, 2019–2026. During last few years, the trend of the car and automotive buying has changed the scenario. Rental cars have got the traction during last few years. Car rental service provides car and automobiles on rent for l

Electric Vehicle Market (By Type: Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle; By Application: Two-Wheeler, Passenger Cars, and Commercial Cars) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019-2026 and will reach over USD 568.2 Billion by 2026. Electric vehicle also knows as electric motor or EV, is a vehicle that uses electric motor for propulsion. Some of the common electric vehicles are electric car, electric truck, electric train, electric airplanes, electric lorries, electric boats,

Cart Summary