Global Commercial Vehicle Tires Market 2017-2021

  • ID: 4298776
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Apollo Tyres
  • Bridgestone
  • Continental
  • DUNLOP TIRES,
  • Hankook Tire
  • Hendrickson
  • MORE

About Commercial Vehicle Tires

Tires are the only components of a vehicle that come in direct contact with the road. These are also for vehicle safety and fuel efficiency. Tires carry the load of the vehicle and are exposed to various environments and road conditions. These components are typically manufactured using raw materials such as natural or synthetic rubber. The raw materials include styrene-butadiene rubber and polybutadiene rubber, nylon tire, cord fabric, and carbon black.

The analysts forecast the global commercial vehicle tires market to grow at a CAGR of 3.64% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle tires market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe

The report, Global Commercial Vehicle Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Bridgestone
  • Continental
  • The Goodyear Tire & Rubber Company
  • MICHELIN

Other prominent vendors

  • Apollo Tyres
  • DUNLOP TIRES
  • Hankook Tire
  • Hendrickson
  • Pirelli
  • THE YOKOHAMA RUBBER CO.

Market drivers

  • Emerging markets driving demand for CV tires
  • For a full, detailed list, view the full report

Market challenges

  • Low-cost tires from China affecting the sales of global tire manufacturers
  • For a full, detailed list, view the full report

Market trends

  • Development of intelligent tires
  • For a full, detailed list, view the full report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.

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FEATURED COMPANIES

  • Apollo Tyres
  • Bridgestone
  • Continental
  • DUNLOP TIRES,
  • Hankook Tire
  • Hendrickson
  • MORE

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by vehicle type

  • Market overview
  • Market size and forecast

PART 07: Market segmentation by distribution channel

  • Market overview
  • Market size and forecast

PART 08: Geographical segmentation

  • Market overview
  • CV tires market in APAC
  • CV tires market in Americas
  • CV tires market in EMEA

PART 09: Decision framework

PART 10: Drivers and challenges

  • Market drivers
  • Market challenges

PART 11: Market trends

  • Emergence of self-inflating tires (SITs)
  • Development of intelligent tires
  • Development of powerful Micro Electric Mechanical Sensors (MEMS)and SensoMotoric instruments (SMIs) for precision and accuracy

PART 12: Vendor landscape

  • Competitive benchmarking
  • Other prominent vendors

PART 13: Key vendor analysis

  • Bridgestone
  • Continental
  • The Goodyear Tire & Rubber Company
  • MICHELIN

PART 14: Appendix

  • List of abbreviations

List of Exhibits
Exhibit 01: Tire load-speed ratio comparison by application
Exhibit 02: Tire manufacturing process: An overview
Exhibit 03: Sales in global commercial vehicles market 2016-2021 (million units)
Exhibit 04: Classification of LCV tires
Exhibit 05: Classification of M&HCV tires
Exhibit 06: Market landscape of global CV tires market
Exhibit 07: Sales in global CV tires market 2016-2021 (million units)
Exhibit 08: Five forces analysis
Exhibit 09: Global CV tires market by vehicle type 2016 (% share)
Exhibit 10: Global CV tires market by vehicle type 2021 (% share)
Exhibit 11: Sales in global LCV tires market 2016-2021 (million units)
Exhibit 12: Sales in global M&HCV tires market 2016-2021 (million units)
Exhibit 13: Global CV tires by distribution channels 2016 (% share)
Exhibit 14: Global CV tires by distribution channels 2021 (% share)
Exhibit 15: Sales in global CV replacement tires market 2016-2021 (million units)
Exhibit 16: Sales in global OE CV tires market 2016-2021 (million units)
Exhibit 17: Global CV tires market by geography 2016 (% share)
Exhibit 18: Global CV tires market by geography 2021 (% share)
Exhibit 19: Sales of CV tires in APAC 2016-2021 (million units)
Exhibit 20: Sales of CV tires in Americas 2016-2021 (million units)
Exhibit 21: Sales of CV tires in EMEA 2016-2021 (million units)
Exhibit 22: Competitive benchmarking of players in global CV tires market
Exhibit 23: Other prominent vendors
Exhibit 24: Bridgestone: Product portfolio
Exhibit 25: Bridgestone: Recent developments
Exhibit 26: Continental: Recent developments

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FEATURED COMPANIES

  • Apollo Tyres
  • Bridgestone
  • Continental
  • DUNLOP TIRES,
  • Hankook Tire
  • Hendrickson
  • MORE

New Report Released: - Global Commercial Vehicle Tires Market 2017-2021

The author of the report recognizes the following companies as the key players in the global commercial vehicle tires market: Bridgestone, Continental, The Goodyear Tire & Rubber Company, and MICHELIN.

Other Prominent Vendors in the market are: Apollo Tyres, DUNLOP TIRES, Hankook Tire, Hendrickson, Pirelli, and THE YOKOHAMA RUBBER CO.

Commenting on the report, an analyst from the research team said: "One trend in the market is emergence of self-inflating tires (SITs). SITs, also known as automatic tire inflating systems (ATISs), comprise tires integrated with a tire pressure monitoring system (TPMS) and a system for air inflation and deflation. The TPMS monitors the pressure level in tires, and if it goes below of a pre-set target pressure, air is re-inflated to the tires automatically.

According to the report, one driver in the market is emerging markets driving demand for CV tires. Varying market conditions, maturity in demand, and strict emission norms are some of the factors that adversely affect the CV market in triad countries. However, emerging markets, such as China and India, are experiencing growth in the CV market due to the increasing investment in infrastructure, economic expansion, and increasing transport volumes.

Further, the report states that one challenge in the market is low-cost tires from China affecting the sales of global tire manufacturers. The US tire industry is highly dependent on the imports from China. During 2014-15, China exported a record of 60.5 million passenger and LCV tires to the US. This represented almost 25% of the entire US domestic consumer tire replacement needs. Chinese exports are thrice in volume compared with the second largest exporter, namely, Canada, and twice as large in volumes as all the NAFTA members combined.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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  • Apollo Tyres
  • Bridgestone
  • Continental
  • DUNLOP TIRES,
  • Hankook Tire
  • Hendrickson
  • MICHELIN
  • Pirelli
  • THE YOKOHAMA RUBBER CO.
  • The Goodyear Tire & Rubber Company
Note: Product cover images may vary from those shown
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The methodology is available for download below.
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