Automotive OE tyres and wheels market will reach at an estimated value of USD 135.62 billion and grow at a CAGR of 3.25% in the forecast period of 2028. Rising focus on innovations and advancements in the market requiring light-weight materials is an essential factor driving the automotive OE tyres and wheels market.
Industry Analysis
Tyres are rubber structures that are shaped like a ring and surround the wheels of the vehicles. These tyres are responsible for the mobility of the vehicle and also help in distributing the weight of the vehicle from the axels to the ground. Increase in automotive production and sales across different vehicles segment is a crucial factor accelerating the market growth, also increase in competition among tire manufacturers, rising introduction of advanced technology in the manufacturing process, rising low production costs, increasing availability of economic labor, lenient emission and safety norms, and rising government initiatives for FDIs are the major factors among others boosting the automotive OE tyres and wheels market. Moreover, rising fuel efficiency and safety concerns, increasing technological advancements and rising modernization in the production techniques and increasing research and development activities in the market will further create new opportunities for automotive OE tyres and wheels market in the forecast period mentioned above.
However, volatile prices of raw materials and rising development in the market of retreading tires are the major factors among others restraining the market growth, and will further challenge the automotive OE tyres and wheels market in the forecast period mentioned above. This automotive OE tyres and wheels market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automotive OE tyres and wheels market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automotive OE Tyres and Wheels Market Scope and Market Size
Automotive OE tyres and wheels market is segmented on the basis of wheel material, vehicle type, tyre material, aspect ratio, selection width, vehicle class and wheel size. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of wheel material, automotive OE tyres and wheels market is segmented into
- alloy,
- carbon fibre,
- steel
Based on vehicle type, the automotive OE tyres and wheels market is segmented into
- commercial vehicles
- Passenger vehicles.
Based on tyre material, the automotive OE tyres and wheels market is segmented into
- Natural rubber
- Synthetic rubber.
Based on aspect ratio, the automotive OE tyres and wheels market is segmented into
- 60,
- 60-70
- 70.
Based on selection width, the automotive OE tyres and wheels market is segmented into
- 200,
- 200-230
- 230 mm.
Based on vehicle class, the automotive OE tyres and wheels market is segmented into
- luxury vehicles,
- economy vehicles
- Mid-priced vehicles.
The automotive OE tyres and wheels market is also segmented on the basis of wheel size into
- 13-15 inches,
- 16-18 inches,
- 19-21 inches
- Greater than 21 inches.
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Automotive OE Tyres and Wheels Market Scope Country Level Analysis
Automotive OE tyres and wheels market is analysed and market size, volume information is provided by country, wheel material, vehicle type, tyre material, aspect ratio, selection width, vehicle class and wheel size as referenced above.
The countries covered in the Automotive OE Tyres and Wheels Market report are
- S.
- Canada and Mexico in North America
- Germany
- Sweden
- Poland
- Denmark
- France
- K.
- Netherlands
- Switzerland
- Belgium
- Russia
- Italy
- Spain
- Turkey
- Rest of Europe in Europe
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
- Saudi Arabia
- A.E
- South Africa
- Egypt
- Israel
- Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
- Brazil
- Argentina and Rest of South America as part of South America.
Competitive Landscape and Automotive OE Tyres and Wheels Market Share Analysis
Automotive OE tyres and wheels market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automotive OE tyres and wheels market.
The major players covered in automotive OE tyres and wheels market report are
- IOCHPE,
- Bridgestone Corporation,
- Superior Industries International, Inc.,
- Apollo Tyres,
- MICHELIN,
- CITIC LIMITED,
- Steel Strips Wheels Limited,
- Hitachi Metals, Ltd.,
- The Goodyear Tire Rubber Company,
- Wanfeng Group Co., Ltd.,
- MANGELS,
- Accuride Wheels,
- Continental AG,
- RONAL GROUP,
- thyssenkrupp AG,
- TOPY INDUSTRIES LIMITED,
- Sumitomo Rubber Industries, Ltd.,
- Pirelli C. S.p.A.,
- ZC-RUBBER,
- THE YOKOHAMA RUBBER CO., LTD.,
- CST,
- MRF,
- TOYO TIRE RUBBER CO., LTD.
- Nokian Tyres plc
- Among other
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Automotive OE Tyres and Wheels Market by Product Procedure type
Get TOC Details: https://www.databridgemarketresearch.com/toc/?dbmr=global-automotive-oe-tyres-and-wheels-market
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