Automotive Tires Market Share and Business Opportunities 2031
Automotive Tires Market: Strategic Insights
Automotive Tires Market
-
CAGR (2023 - 2031)5.8% -
Market Size 2023
US$ 138.15 Billion -
Market Size 2031
US$ 216.86 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Automotive Production and Sales is Expected to be the Prime Driver for The Automotive Body-In-White Market
FUTURE TRENDS
- Inncreased demand for the lightweight materials in automotive sector driving the market trend
OPPORTUNITIES
- Increasing Advancement in Artificial Intelligence, Robotics, and Growing Digitalization is Expected to Create Ample Opportunity for Market Growth
Key Players
- ABB Ltd
- Benteler International AG
- CIE Automotive
- Dura Automotive Systems
- Gestamp Automocion S A
- Kuka AG
- Magna International Inc
- Martinrea International Inc
- Norsk Hydro ASA
- Tata Steel Limited
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Material Type - Aluminium
- Steel
- Magnesium
- aCFRP
Vehicle Type - Passenger Cars
- Commercial Vehicles
Body Structure - Frame Mounted Structure and Monocoque Structure
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