Global Automotive Tires Market (2022-2027) by Section Width, Aspect Ratio, Rim Size, Material, Tube, Vehicle Type, Vehicle Type and Geography, IGR Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis
The Global Automotive Tires Market is estimated to be USD 154.28 Bn in 2022 and is expected to reach USD 190.43 Bn by 2027, growing at a CAGR of 4.3%.
Market dynamics are forces that impact the prices and behaviors of the Global Automotive Tires Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
The Global Automotive Tires Market is segmented based on Section Width, Aspect Ratio, Rim Size, Material, Tube, Vehicle Type, Vehicle Type and Geography.
By Section Width, the market is classified into 200 MM, 200-230 MM, and >230 MM.
By Aspect Ratio, the market is classified into<60, 60-70, and 70-90.
By Rim Size, the market is classified into 13-15, 16-18, 19-21, and 21-26.
By Material, the market is classified into Natural Rubber and Synthetic Rubber.
By Tube, the market is classified into Tubed Tire and Tubeless Tire.
By Vehicle Type, the market is classified into Heavy Commercial Vehicle, Light Commercial Vehicle and Passenger Vehicle.
By Vehicle Type, the market is classified into OEM and Aftermarket.
By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Bridgestone, Sumitomo Rubber Industries, Pirelli Tyre, Apollo Tyres, JK Tyres, Nokian Tyres plc, Toyo Tire Corporation, The Yokohama Rubber Company, Limited, Hankook Tire & Technology Co., etc.
America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
The report presents a detailed Ansoff matrix analysis for the Global Automotive Tires Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
Infogence Global Research analyses the Global Automotive Tires Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, Infogence Global Research has devised suitable strategies for market growth.
Why buy this report?
Sumitomo Rubber Industries
Nokian Tyres plc
Toyo Tire Corporation
The Yokohama Rubber Company, Limited
Hankook Tire & Technology Co.
Alliance Tire Company Ltd.
Cheng Shin Rubber
Cooper Tyres and Rubber Company
Hoosier Racing Tire
Inoue Rubber Co., Ltd.
Titan Tire Corporation
Vogue Tyre and Rubber
Firestone Tire and Rubber Company
Madras Rubber Factory Tyres
Balkrishna Industries Ltd.
Goodyear India Ltd.
TVS Srichakra Ltd.
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