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Automotive Tire Market Size to Attain USD 211.6 Billion By 2032

The automotive tire market size is poised to grow by $ 211.6 billion by 2032 from $ 130.5 Billion in 2022, exhibiting a CAGR of 5.00% during the forecast period 2023-2032. 

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COVID-19 Impact

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the electric vehicle fuel cell market in 2020.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

Major companies operating in this area

  • Continental AG
  • Bridgestone Corporation
  • Pirelli Tyre C. S.p.A. (China National Chemical Corporation)
  • MICHELIN
  • Toyo Tire Corporation
  • Hankook Tire & Technology Co., Ltd.
  • The Goodyear Tire & Rubber Company
  • The Yokohama Rubber Co., Ltd
  • Sumitomo Rubber Industries Ltd
  • Nokian Tyres plc

Market Segmentation

By Season Tire Type

  • Winter
  • Summer
  • All Season

By Rim Size

  • Less than 15
  • Between 15 to 20
  • Greater than 20

By Vehicle Type

  • Commercial Vehicle
    • Light Commercial
    • Heavy Commercial
  • Passenger Car
  • Electric Vehicle

By Distribution Channel

  • Aftermarket
  • OEM

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Major highlights of Report:

  • Figures related to sales volume, market remuneration, and segmental shares
  • Featuring market dynamics
  • Growth prospects and expansion graph
  • PROCON study of direct & indirect sales channels
  • Profiles of prominent traders, dealer, and distributors in the industry

Geographical landscape: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry forecasts based on region and at country level
  • Data about sales volume recorded, industry share held, and profit margins amassed
  • Overall remuneration and estimated growth rate for each regional market

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Automotive Tire Market, By Season Tire

7.1. Automotive Tire Market, by Season Tire Type, 2020-2027
7.1.1. Winter
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Summer
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. All Season
7.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Automotive Tire Market, By Rim Size

8.1. Automotive Tire Market, by Rim Size, 2020-2027
8.1.1. Less than 15
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Between 15 to 20
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Greater than 20
8.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Automotive Tire Market, By Vehicle Type

9.1. Automotive Tire Market, by Vehicle Type, 2020-2027
9.1.1. Commercial Vehicle (Light Commercial, Heavy Commercial)
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Passenger Car
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Electric Vehicle
9.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Automotive Tire Market, By Distribution Channel Type

10.1. Automotive Tire Market, by Distribution Channel Type, 2020-2027
10.1.1. Aftermarket
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. OEM
10.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Automotive Tire Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.1.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.1.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.2.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.2.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.3.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.3.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.4.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.4.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Season Tire (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Rim Size (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Vehicle Type (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Distribution Channel Type (2016-2027)

Chapter 12. Company Profiles

12.1. Continental AG
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Bridgestone Corporation
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pirelli Tyre C. S.p.A. (China National Chemical Corporation)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. MICHELIN
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Toyo Tire Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Hankook Tire & Technology Co., Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. The Goodyear Tire & Rubber Company
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. The Yokohama Rubber Co., Ltd
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Sumitomo Rubber Industries Ltd
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Nokian Tyres plc
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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Call: +1 9197 992 333

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Automotive Tire Market Size to Attain USD 211.6 Billion By 2032

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