US Tire Market - Forecast(2022 - 2027) - PowerPoint PPT Presentation

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US Tire Market - Forecast(2022 - 2027)

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Due to the heavy usage of trucks, buses, and other heavy duty vehicles in the U.S., the commercial vehicles application segment of the U.S. tire market is poised escalate at a CAGR of 2.55% through 2025. – PowerPoint PPT presentation

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Title: US Tire Market - Forecast(2022 - 2027)


1
US Tire Market Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report (2022 - 2027)
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • The key application segment of the US tire market
    is found to be the commercial vehicles segment,
    which includes trucks, buses, company cars, and
    other vehicles.
  • According to the International Organization of
    Motor Vehicles Manufacturers (OICA), in 2018,
    8,518,734 commercial vehicles were manufactured
    with a 1.1 year on year increment in the US.
  • Due to the heavy usage of trucks, buses, and
    other heavy duty vehicles in the U.S., the
    commercial vehicles application segment of the
    U.S. tire market is poised escalate at a CAGR of
    2.55 through 2025.

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3

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Key Takeaways
  • Goodyear Acquires Ventech In November 2017, the
    Goodyear Tire Rubber Company aquired Ventech
    Systems a company that provides fully-automated
    tire inspection technology.
  • The acquisition has been strengthening Goodyears
    position in the U.S. tire market as the
    organization is now leveraging Ventechs advanced
    inspection technology, which is improving the
    efficiency and providing better products to the
    customers.

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  • By Distribution Channel- Segment Analysis
  • The rising demand for autonomous vehicles across
    the globe can be fathomed by the growth of the
    self-driving trucks, self driving cars, and
    semi-autonomous and autonomous vehicles markets.
  • Recently, the National League of Cities executed
    a survey. The results of the survey indicate that
    more cities will observe autonomous vehicle
    pilots across America, and this penetration of
    autonomous vehicles will play a significant role
    in further growth of the U.S. tire market.

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5
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  • US Tire Market Industry Outlook 
  • Cooper Tire Rubber Company,
  • Goodyear Tires USA,
  • Pirelli C. S.p.A,
  • Michelin,
  • Bridgestone Corporation,
  • Continental AG,
  • Dunlop Tyres Company,
  • Yokohama Rubber Company, and BFGoodrich.

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6
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US Tire Market Market - Forecast(2022 -
2027) Learn More About the Report
_at_ https//www.industryarc.com/Report/18522/us-tir
e-market-research-report-analysis.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization

  • Purchase Full Report _at_
  • https//www.industryarc.com/purchasereport.php?id
    18522

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com
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