Racing Tires Market

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Racing Tires MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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Racing Tire market size is forecast to reach
12.6 billion by 2025, growing at CAGR 4.28
during 2020-2025 owing to the increasing revenue
generation from formula one racing
championship. The growing number of viewership
across the world opting for viewing through
online channels on smartphones is set to open up
new streams of revenue generation in the racing
business.
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• Key Takeaways
• Auto racing tires market held the major share in
  2019 and set to witness significant growth during
  2020-2025 with the growing sponsorship in formula
  series events especially formula E championship
• Europe attributed to the major share of the
  global racing tires market owing to the regions
  propriety in hosting racing events and large
  investments by the major automakers in this
  region for developing vehicles and parts
  specifically tailored for racing events

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By Distribution Channel- Segment Analysis The
auto racing segment is analyzed to dominate the
global racing tires market in 2018 owing to the
broad spectrum races in this category and the
introduction of Formula E championship since
2014. Formula E racing also known as ABB FIA
Formula E Championship following the price
sponsorship by ABB is an electric car racing
event. The championship witnessed significant
contribution in terms of technology by the major
auto makers such as Audi, BMW, Renault and so on.
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• Racing Tires Market Industry Outlook
• Apollo Tire
• Continental Ag
• Bridgestone Corporation
• Pirelli C. Spa
• Goodyear Tire And Rubber Co
• Hankook Tire
• Michelin
• Kumho Tires
• Yokohama Rubber Co. Ltd
• Cooper Tire Rubber Company

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Racing Tires Market - Forecast(2023 -
2028) Learn More About the Report
_at_ https//www.industryarc.com/Research/Racing-Tir
es-Market-Research-502647
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• Analyst Briefing
• Data Tables
• Key Contacts
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Reddy Contact (1) 970-236-3677 Email
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