Market Research Logo

Global Heavy-duty Vehicle Tires Market 2019-2023

Global Heavy-duty Vehicle Tires Market 2019-2023

About this market

the The rising penetration of TPMS is one of the key factors anticipated to boost the heavy-duty vehicle tires market growth in the forthcoming years. Fleet managers are extensively using these systems for determining tire health and enhanced safety. These managers are increasingly demanding truck and bus tires equipped with the required sensors for ascertaining information on tire health and avoiding vehicle breakdown. In addition, governments across the globe have also started implementing stringent safety regulations concerning the development and sales of these systems in heavy-duty tires used in fleet vehicles. Such regulations will further foster the heavy-duty vehicle tires market growth in the forthcoming years. Technavio’s analysts have predicted that the heavy-duty vehicle tires market will register a CAGR of 5% by 2023.

Market Overview

Rising demand for buses and coaches

One of the growth drivers of the global heavy-duty vehicle tires market is the rising demand for buses and coaches. The growing adoption of bus transportation is expected to drive the demand for heavy-duty vehicle tires.

Overloading of heavy-duty trucks

One of the challenges in the growth of the global heavy-duty vehicle tires market is the overloading of heavy-duty trucks. Increased instances of overloading of heavy-duty trucks will pose a major challenge to the life and effectiveness of heavy-duty vehicle tires.

For the detailed list of factors that will drive and challenge the growth of the heavy-duty vehicle tires market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately concentrated and with the presence of a few market players. Many vendors in the tire manufacturing industry have started using advanced tire manufacturing techniques and processes that can lower carbon emission. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive tires market
      • Table Segments of global automotive tires market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Trucks - Market size and forecast 2018-2023
      • Table Trucks - Market size and forecast 2018-2023 ($ millions)
      • Table Trucks - Year-over-year growth 2019-2023 (%)
    • Buses - Market size and forecast 2018-2023
      • Table Buses - Market size and forecast 2018-2023 ($ millions)
      • Table Buses - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bridgestone Corporation
      • Table Bridgestone Corporation - Vendor overview
      • Table Bridgestone Corporation - Business segments
      • Table Bridgestone Corporation - Organizational developments
      • Table Bridgestone Corporation - Geographic focus
      • Table Bridgestone Corporation - Segment focus
      • Table Bridgestone Corporation - Key offerings
    • Continental AG
      • Table Continental AG - Vendor overview
      • Table Continental AG - Business segments
      • Table Continental AG - Organizational developments
      • Table Continental AG - Geographic focus
      • Table Continental AG - Segment focus
      • Table Continental AG - Key offerings
    • MICHELIN
      • Table MICHELIN - Vendor overview
      • Table MICHELIN - Business segments
      • Table MICHELIN - Organizational developments
      • Table MICHELIN - Geographic focus
      • Table MICHELIN - Segment focus
      • Table MICHELIN - Key offerings
    • Pirelli & C. S.p.A.
      • Table Pirelli & C. S.p.A. - Vendor overview
      • Table Pirelli & C. S.p.A. - Business segments
      • Table Pirelli & C. S.p.A. - Organizational developments
      • Table Pirelli & C. S.p.A. - Geographic focus
      • Table Pirelli & C. S.p.A. - Segment focus
      • Table Pirelli & C. S.p.A. - Key offerings
    • The Goodyear Tire & Rubber Company
      • Table The Goodyear Tire & Rubber Company - Vendor overview
      • Table The Goodyear Tire & Rubber Company - Product segment
      • Table The Goodyear Tire & Rubber Company - Organizational developments
      • Table The Goodyear Tire & Rubber Company - Geographic focus
      • Table The Goodyear Tire & Rubber Company - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report