Automotive Tires Market Analysis, Size, and Growth (2023 - 2031)
Automotive Tires Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 138.15 Billion |
Market Size by 2031 | US$ 216.86 Billion |
Global CAGR (2023 - 2031) | 5.8% |
Historical Data | 2021-2022 |
Forecast period | 2023-2031 |
Segments Covered |
By Material Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automotive Tires Market News and Recent Developments
The Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for Automotive Tires market and strategies:
- In January 2023- Sumitomo Rubber Industries partnered with Global Data Service for the expansion of the automotive tires and automotive components business. The automotive tire manufacturer designed for the users to access data using tires with the help of RFID technology. (Source: DJI, Press Release/Company Website/Newsletter)
- In October 2022 – Hankook Tire introduced AU06+ Smart iON Radial tire for trucks and buses for premium EVs. (Source: DJI, Press Release/Company Website/Newsletter)
Automotive Tires Market Report Coverage and Deliverables
The “Automotive Tires Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis