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Global Light Commercial Vehicle Tire Market Analysis, 2021

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    Report

  • 243 Pages
  • May 2021
  • Region: Global
  • MarkNtel Advisors LLP
  • ID: 5439510

Market Overview


According to the publisher’ research report, “Global Light Commercial Vehicle Tire Market Analysis, 2021,” the market is likely to grow at a CAGR of around 3.5% in the forecast period of 2021-26 due to factors like the easy availability of vehicle investment schemes by various governments & key market players, the growing e-commerce sector, the increasing number of multiple infrastructural projects, and the flooding logistics around the globe.

Impact of COVID-19


The outbreak of the Covid-19 reduced the production of the market as several production units shut, and the supply was on hold due to lockdown impositions. Furthermore, the trade and export sector got disrupted as well, resulting in massive losses. However, with the upliftment of restrictions, the market is getting back on track and shall regain its pace in the forecast years.

Market Segmentation


Replacement segment to Dominate The Market


Based on demand, the replacement segment dominated the global market and is likely to continue its dominance in the forecast years. It owes to prominent factors like the expanding production of vehicles and numerous technological advancements in the industry. Furthermore, the gradual shift toward living a better lifestyle, environment-friendly tires, with growing tire sales in the replacement segment are other crucial factors contributing to the continuously increasing market size.

Vans and Pickup Trucks to Witness the Fastest Market Growth


Based on the Type of Vehicle, Vans and Pickup trucks are likely to witness the fastest market growth in the forecast years, majorly owing to their spacious seating and reasonable prices of tires used in them. Moreover, their easy availability & wide usage in the transportation of goods from one place to another require timely up-gradation of tires, leading to more sales of commercial tires. Hence, these factors are propelling the demand for pickup trucks and vans, thereby fueling the overall market growth across the globe, states the author in their research report, “Global Light Commercial Vehicle Tire Market Analysis, 2021.”

Regional Landscape


Europe to Witness the Largest Market Share


Europe is likely to witness substantial market growth in the forecast years due to the surging initiatives taken by numerous governments in the region to decrease carbon emissions. Ensuring this requires vehicles' tires to be replaced when their quality falls below the acceptable limits and attain its roadworthiness. It has become a significant driving factor for the market growth in the region, and hence, it is likely to continue achieving the fastest market growth in the global market.

Market Driver


The most prominent factor driving the market growth globally in the forecast years is the increasing sales of passenger vehicles. Furthermore, the rapidly emerging next-generation tire technologies with excellent fuel efficiency & inflation pressure is another critical factor likely to push the market toward even greater heights.

Competitive Landscape


According to Markel Advisors, the major leading players in the Global Light Commercial Vehicle Tire Market are Pirelli, Continental, Bridgestone, Goodyear Tire and Rubber Company, Yokohama, Michelin, Apollo, Hangzhou Zhongce, MRF Tyres, JK Tyres, Hankook, Sumitomo, Linglong, Toyo Tire, Weifang Goldshield Tire.

Key Questions Answered in the Market Research Report:


1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Light Commercial Vehicle Tire Market?
2. What is the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Light Commercial Vehicle Tire Market?
4. What are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Light Commercial Vehicle Tire Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Light Commercial Vehicle Tire Market study?

Table of Contents

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Global Light Commercial Vehicle Tire Market Outlook, 2016-2026F
3.1. Market Size & Analysis
3.1.1. By Units Sold
3.1.2. By Revenues
3.2. Market Share & Analysis
3.2.1. By Vehicle Type
3.2.1.1. Light Truck
3.2.1.2. Light Bus
3.2.1.3. Pickup Trucks and Vans
3.2.2. By Demand
3.2.2.1. OEM
3.2.2.2. Replacement
3.2.3. By Type of Tire
3.2.3.1. Radial
3.2.3.2. Bias
3.2.4. By Rim Size
3.2.4.1. Up to 15"
3.2.4.2. 15.1-16"
3.2.4.3. 16.1" to 17"
3.2.4.4. 17.1" to 18"
3.2.4.5. Above 18"
3.2.5. By End Users
3.2.5.1. Agricultural Transportation
3.2.5.2. Ecommerce
3.2.5.3. Dairy & Meat Transportation
3.2.5.4. Others
3.2.6. By Price Range Per Unit
3.2.6.1. Upto USD80
3.2.6.2. USD 81 to USD120
3.2.6.3. USD121 to USD200
3.2.6.4. Above USD200
3.2.7. By Region
3.2.7.1. North America
3.2.7.2. South America
3.2.7.3. Europe
3.2.7.4. CIS
3.2.7.5. Middle East
3.2.7.6. Africa
3.2.7.7. Asia Pacific
3.2.8. By Company
3.2.8.1. Market Share of Leading Players
4. North America Light Commercial Vehicle Tire Market Analysis, 2016-2026F
4.1. Market Size & Analysis
4.1.1. By Units Sold
4.1.2. By Revenues
4.2. Market Share & Analysis
4.2.1. By Vehicle Type
4.2.2. By Demand
4.2.3. By Type of Tire
4.2.4. By Rim Size
4.2.5. By Price Range Per Unit
4.2.6. By Country
4.2.7. The US Light Commercial Vehicle Tire Market Analysis, 2016-2026F
4.2.7.1. Market Size & Analysis
4.2.7.1.1. By Units Sold
4.2.7.1.2. By Revenues
4.2.7.2. Market Share & Analysis
4.2.7.2.1. By Vehicle Type
4.2.7.2.2. By Demand
4.2.7.2.3. By Type of Tire
4.2.7.2.4. By Rim Size
4.2.7.2.5. By Price Range Per Unit
4.2.8. Canada Light Commercial Vehicle Tire Market Analysis, 2016-2026F
4.2.8.1. Market Size & Analysis
4.2.8.1.1. By Units Sold
4.2.8.1.2. By Revenues
4.2.8.2. Market Share & Analysis
4.2.8.2.1. By Vehicle Type
4.2.8.2.2. By Demand
4.2.8.2.3. By Type of Tire
4.2.8.2.4. By Rim Size
4.2.8.2.5. By Price Range Per Unit
4.2.9. Mexico Light Commercial Vehicle Tire Market Analysis, 2016-2026F
4.2.9.1. Market Size & Analysis
4.2.9.1.1. By Units Sold
4.2.9.1.2. By Revenues
4.2.9.2. Market Share & Analysis
4.2.9.2.1. By Vehicle Type
4.2.9.2.2. By Demand
4.2.9.2.3. By Type of Tire
4.2.9.2.4. By Rim Size
4.2.9.2.5. By Price Range Per Unit
5. South America Light Commercial Vehicle Tire Market Analysis, 2016-2026F
5.1. Market Size & Analysis
5.1.1. By Units Sold
5.1.2. By Revenues
5.2. Market Share & Analysis
5.2.1. By Vehicle Type
5.2.2. By Demand
5.2.3. By Type of Tire
5.2.4. By Rim Size
5.2.5. By Price Range Per Unit
5.2.6. By Country
5.2.7. Brazil Light Commercial Vehicle Tire Market Analysis, 2016-2026F
5.2.7.1. Market Size & Analysis
5.2.7.1.1. By Units Sold
5.2.7.1.2. By Revenues
5.2.7.2. Market Share & Analysis
5.2.7.2.1. By Vehicle Type
5.2.7.2.2. By Demand
5.2.7.2.3. By Type of Tire
5.2.7.2.4. By Rim Size
5.2.8. Argentina Light Commercial Vehicle Tire Market Analysis, 2016-2026F
5.2.8.1. Market Size & Analysis
5.2.8.1.1. By Units Sold
5.2.8.1.2. By Revenues
5.2.8.2. Market Share & Analysis
5.2.8.2.1. By Vehicle Type
5.2.8.2.2. By Demand
5.2.8.2.3. By Type of Tire
5.2.8.2.4. By Rim Size
5.2.8.2.5. By Price Range Per Unit
5.2.9. Columbia Light Commercial Vehicle Tire Market Analysis, 2016-2026F
5.2.9.1. Market Size & Analysis
5.2.9.1.1. By Units Sold
5.2.9.1.2. By Revenues
5.2.9.2. Market Share & Analysis
5.2.9.2.1. By Vehicle Type
5.2.9.2.2. By Demand
5.2.9.2.3. By Type of Tire
5.2.9.2.4. By Rim Size
5.2.9.2.5. By Price Range Per Unit
5.2.10. Rest of South America Light Commercial Vehicle Tire Market Analysis, 2016-2026F
5.2.10.1. Market Size & Analysis
5.2.10.1.1. By Units Sold
5.2.10.1.2. By Revenues
5.2.10.2. Market Share & Analysis
5.2.10.2.1. By Vehicle Type
5.2.10.2.2. By Demand
5.2.10.2.3. By Type of Tire
5.2.10.2.4. By Rim Size
5.2.10.2.5. By Price Range Per Unit
6. Europe Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.1. Market Size & Analysis
6.1.1. By Units Sold
6.1.2. By Revenues
6.2. Market Share & Analysis
6.2.1. By Vehicle Type
6.2.2. By Demand
6.2.3. By Type of Tire
6.2.4. By Rim Size
6.2.5. By Price Range Per Unit
6.2.6. By Country
6.2.7. Germany Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.7.1. Market Size & Analysis
6.2.7.1.1. By Units Sold
6.2.7.1.2. By Revenues
6.2.7.2. Market Share & Analysis
6.2.7.2.1. By Vehicle Type
6.2.7.2.2. By Demand
6.2.7.2.3. By Type of Tire
6.2.7.2.4. By Rim Size
6.2.8. The United Kingdom Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.8.1. Market Size & Analysis
6.2.8.1.1. By Units Sold
6.2.8.1.2. By Revenues
6.2.8.2. Market Share & Analysis
6.2.8.2.1. By Vehicle Type
6.2.8.2.2. By Demand
6.2.8.2.3. By Type of Tire
6.2.8.2.4. By Rim Size
6.2.8.2.5. By Price Range Per Unit
6.2.9. France Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.9.1. Market Size & Analysis
6.2.9.1.1. By Units Sold
6.2.9.1.2. By Revenues
6.2.9.2. Market Share & Analysis
6.2.9.2.1. By Vehicle Type
6.2.9.2.2. By Demand
6.2.9.2.3. By Type of Tire
6.2.9.2.4. By Rim Size
6.2.9.2.5. By Price Range Per Unit
6.2.10. Italy Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.10.1. Market Size & Analysis
6.2.10.1.1. By Units Sold
6.2.10.1.2. By Revenues
6.2.10.2. Market Share & Analysis
6.2.10.2.1. By Vehicle Type
6.2.10.2.2. By Demand
6.2.10.2.3. By Type of Tire
6.2.10.2.4. By Rim Size
6.2.10.2.5. By Price Range Per Unit
6.2.11. Spain Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.11.1. Market Size & Analysis
6.2.11.1.1. By Units Sold
6.2.11.1.2. By Revenues
6.2.11.2. Market Share & Analysis
6.2.11.2.1. By Vehicle Type
6.2.11.2.2. By Demand
6.2.11.2.3. By Type of Tire
6.2.11.2.4. By Rim Size
6.2.11.2.5. By Price Range Per Unit
6.2.12. The Netherlands Light Commercial Vehicle Tire Market Analysis, 2016-2026F
6.2.12.1. Market Size & Analysis
6.2.12.1.1. By Units Sold
6.2.12.1.2. By Revenues
6.2.12.2. Market Share & Analysis
6.2.12.2.1. By Vehicle Type
6.2.12.2.2. By Demand
6.2.12.2.3. By Type of Tire
6.2.12.2.4. By Rim Size
6.2.12.2.5. By Price Range Per Unit
7. CIS Countries Light Commercial Vehicle Tire Market Analysis, 2016-2026F
7.1. Market Size & Analysis
7.1.1. By Units Sold
7.1.2. By Revenues
7.2. Market Share & Analysis
7.2.1. By Vehicle Type
7.2.2. By Demand
7.2.3. By Type of Tire
7.2.4. By Rim Size
7.2.5. By Price Range Per Unit
7.2.6. By Country
7.2.7. Russia Light Commercial Vehicle Tire Market Analysis, 2016-2026F
7.2.7.1. Market Size & Analysis
7.2.7.1.1. By Units Sold
7.2.7.1.2. By Revenues
7.2.7.2. Market Share & Analysis
7.2.7.2.1. By Vehicle Type
7.2.7.2.2. By Demand
7.2.7.2.3. By Type of Tire
7.2.7.2.4. By Rim Size
7.2.8. Ukraine Light Commercial Vehicle Tire Market Analysis, 2016-2026F
7.2.8.1. Market Size & Analysis
7.2.8.1.1. By Units Sold
7.2.8.1.2. By Revenues
7.2.8.2. Market Share & Analysis
7.2.8.2.1. By Vehicle Type
7.2.8.2.2. By Demand
7.2.8.2.3. By Type of Tire
7.2.8.2.4. By Rim Size
7.2.8.2.5. By Price Range Per Unit
7.2.9. Kazakhstan Light Commercial Vehicle Tire Market Analysis, 2016-2026F
7.2.9.1. Market Size & Analysis
7.2.9.1.1. By Units Sold
7.2.9.1.2. By Revenues
7.2.9.2. Market Share & Analysis
7.2.9.2.1. By Vehicle Type
7.2.9.2.2. By Demand
7.2.9.2.3. By Type of Tire
7.2.9.2.4. By Rim Size
7.2.9.2.5. By Price Range Per Unit
8. Middle East Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.1. Market Size & Analysis
8.1.1. By Units Sold
8.1.2. By Revenues
8.2. Market Share & Analysis
8.2.1. By Vehicle Type
8.2.2. By Demand
8.2.3. By Type of Tire
8.2.4. By Rim Size
8.2.5. By Price Range Per Unit
8.2.6. By Country
8.2.7. Saudi Arabia Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.2.7.1. Market Size & Analysis
8.2.7.1.1. By Units Sold
8.2.7.1.2. By Revenues
8.2.7.2. Market Share & Analysis
8.2.7.2.1. By Vehicle Type
8.2.7.2.2. By Demand
8.2.7.2.3. By Type of Tire
8.2.7.2.4. By Rim Size
8.2.8. UAE Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.2.8.1. Market Size & Analysis
8.2.8.1.1. By Units Sold
8.2.8.1.2. By Revenues
8.2.8.2. Market Share & Analysis
8.2.8.2.1. By Vehicle Type
8.2.8.2.2. By Demand
8.2.8.2.3. By Type of Tire
8.2.8.2.4. By Rim Size
8.2.8.2.5. By Price Range Per Unit
8.2.9. Qatar Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.2.9.1. Market Size & Analysis
8.2.9.1.1. By Units Sold
8.2.9.1.2. By Revenues
8.2.9.2. Market Share & Analysis
8.2.9.2.1. By Vehicle Type
8.2.9.2.2. By Demand
8.2.9.2.3. By Type of Tire
8.2.9.2.4. By Rim Size
8.2.9.2.5. By Price Range Per Unit
8.2.10. Kuwait Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.2.10.1. Market Size & Analysis
8.2.10.1.1. By Units Sold
8.2.10.1.2. By Revenues
8.2.10.2. Market Share & Analysis
8.2.10.2.1. By Vehicle Type
8.2.10.2.2. By Demand
8.2.10.2.3. By Type of Tire
8.2.10.2.4. By Rim Size
8.2.10.2.5. By Price Range Per Unit
8.2.11. Iran Light Commercial Vehicle Tire Market Analysis, 2016-2026F
8.2.11.1. Market Size & Analysis
8.2.11.1.1. By Units Sold
8.2.11.1.2. By Revenues
8.2.11.2. Market Share & Analysis
8.2.11.2.1. By Vehicle Type
8.2.11.2.2. By Demand
8.2.11.2.3. By Type of Tire
8.2.11.2.4. By Rim Size
8.2.11.2.5. By Price Range Per Unit
9. Africa Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.1. Market Size & Analysis
9.1.1. By Units Sold
9.1.2. By Revenues
9.2. Market Share & Analysis
9.2.1. By Vehicle Type
9.2.2. By Demand
9.2.3. By Type of Tire
9.2.4. By Rim Size
9.2.5. By Price Range Per Unit
9.2.6. By Country
9.2.7. South Africa Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.2.7.1. Market Size & Analysis
9.2.7.1.1. By Units Sold
9.2.7.1.2. By Revenues
9.2.7.2. Market Share & Analysis
9.2.7.2.1. By Vehicle Type
9.2.7.2.2. By Demand
9.2.7.2.3. By Type of Tire
9.2.7.2.4. By Rim Size
9.2.8. Nigeria Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.2.8.1. Market Size & Analysis
9.2.8.1.1. By Units Sold
9.2.8.1.2. By Revenues
9.2.8.2. Market Share & Analysis
9.2.8.2.1. By Vehicle Type
9.2.8.2.2. By Demand
9.2.8.2.3. By Type of Tire
9.2.8.2.4. By Rim Size
9.2.8.2.5. By Price Range Per Unit
9.2.9. Ethiopia Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.2.9.1. Market Size & Analysis
9.2.9.1.1. By Units Sold
9.2.9.1.2. By Revenues
9.2.9.2. Market Share & Analysis
9.2.9.2.1. By Vehicle Type
9.2.9.2.2. By Demand
9.2.9.2.3. By Type of Tire
9.2.9.2.4. By Rim Size
9.2.9.2.5. By Price Range Per Unit
9.2.10. Algeria Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.2.10.1. Market Size & Analysis
9.2.10.1.1. By Units Sold
9.2.10.1.2. By Revenues
9.2.10.2. Market Share & Analysis
9.2.10.2.1. By Vehicle Type
9.2.10.2.2. By Demand
9.2.10.2.3. By Type of Tire
9.2.10.2.4. By Rim Size
9.2.10.2.5. By Price Range Per Unit
9.2.11. Egypt Light Commercial Vehicle Tire Market Analysis, 2016-2026F
9.2.11.1. Market Size & Analysis
9.2.11.1.1. By Units Sold
9.2.11.1.2. By Revenues
9.2.11.2. Market Share & Analysis
9.2.11.2.1. By Vehicle Type
9.2.11.2.2. By Demand
9.2.11.2.3. By Type of Tire
9.2.11.2.4. By Rim Size
9.2.11.2.5. By Price Range Per Unit
10. Asia Pacific Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.1. Market Size & Analysis
10.1.1. By Units Sold
10.1.2. By Revenues
10.2. Market Share & Analysis
10.2.1. By Vehicle Type
10.2.2. By Demand
10.2.3. By Type of Tire
10.2.4. By Rim Size
10.2.5. By Price Range Per Unit
10.2.6. By Country
10.2.7. China Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.2.7.1. Market Size & Analysis
10.2.7.1.1. By Units Sold
10.2.7.1.2. By Revenues
10.2.7.2. Market Share & Analysis
10.2.7.2.1. By Vehicle Type
10.2.7.2.2. By Demand
10.2.7.2.3. By Type of Tire
10.2.7.2.4. By Rim Size
10.2.8. India Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.2.8.1. Market Size & Analysis
10.2.8.1.1. By Units Sold
10.2.8.1.2. By Revenues
10.2.8.2. Market Share & Analysis
10.2.8.2.1. By Vehicle Type
10.2.8.2.2. By Demand
10.2.8.2.3. By Type of Tire
10.2.8.2.4. By Rim Size
10.2.8.2.5. By Price Range Per Unit
10.2.9. Japan Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.2.9.1. Market Size & Analysis
10.2.9.1.1. By Units Sold
10.2.9.1.2. By Revenues
10.2.9.2. Market Share & Analysis
10.2.9.2.1. By Vehicle Type
10.2.9.2.2. By Demand
10.2.9.2.3. By Type of Tire
10.2.9.2.4. By Rim Size
10.2.9.2.5. By Price Range Per Unit
10.2.10. Thailand Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.2.10.1. Market Size & Analysis
10.2.10.1.1. By Units Sold
10.2.10.1.2. By Revenues
10.2.10.2. Market Share & Analysis
10.2.10.2.1. By Vehicle Type
10.2.10.2.2. By Demand
10.2.10.2.3. By Type of Tire
10.2.10.2.4. By Rim Size
10.2.10.2.5. By Price Range Per Unit
10.2.11. Indonesia Light Commercial Vehicle Tire Market Analysis, 2016-2026F
10.2.11.1. Market Size & Analysis
10.2.11.1.1. By Units Sold
10.2.11.1.2. By Revenues
10.2.11.2. Market Share & Analysis
10.2.11.2.1. By Vehicle Type
10.2.11.2.2. By Demand
10.2.11.2.3. By Type of Tire
10.2.11.2.4. By Rim Size
10.2.11.2.5. By Price Range Per Unit
11. Company Profiles
11.1. Bridgestone
11.2. Michelin
11.3. Continental
11.4. Goodyear
11.5. Yokohama
11.6. Pirelli
11.7. Hankook
11.8. Kumho
11.9. Sumitomo
11.10. Zhongce Rubber
12. Disclaimer

Companies Mentioned

  • Pirelli
  • Continental
  • Bridgestone
  • Goodyear Tire and Rubber Company
  • Yokohama
  • Michelin
  • Apollo
  • Hangzhou Zhongce
  • MRF Tyres
  • JK Tyres
  • Hankook
  • Sumitomo
  • Linglong
  • Toyo Tire
  • Weifang Goldshield Tire

Methodology

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