North America tire market stood at $ 65.50 billion in 2017 and is projected to reach $ 91.49 billion by 2023, exhibiting a CAGR of 5.88% during 2018-2023, on account of expanding vehicle fleet and growing construction industry in the region. Moreover, production and sales of passenger cars and light commercial vehicles in the region is growing at a robust pace, which in turn is anticipated to fuel demand for tires in the coming years. Additionally, anticipated growth in the replacement tire market would positively influence the region’s tire market during the forecast period.

Years considered for this report:

Historical Years: 2013 – 2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019 – 2023

Objective of the Study:

  • To study North America tire market scenario, which covers passenger car tire, light commercial vehicle tire, medium & heavy commercial vehicle tire, two-wheeler tire, three-wheeler tire and off-the-road tire.
  • To analyze and forecast the North America tire market size.
  • To classify and forecast North America tire market on the basis of vehicle type, demand category, radial vs. bias and country.


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Some of the major players operating in North America Tire Market are Bridgestone, Goodyear, Michelin, Continental, Hankook, Sumitomo, Yokohama, Pirelli and Kumho, among others.

In order to perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of North America tire companies. Subsequently, TechSci Research conducted primary research surveys, which included primary calls, e-mail responses, etc., with the identified companies. While interviewing, the respondents were asked about their major competitors. Through this technique, TechSci Research was able to include companies which could not be identified due to the limitations of secondary research.

TechSci Research calculated the North America tire market size using a bottom-up technique, wherein North America tire companies’ revenue for different vehicle types (passenger cars, light commercial vehicles, medium & heavy commercial vehicles, two-wheelers, three-wheelers and off-the-road vehicles) was recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated by analyzing historical data of respective tire companies to arrive at the overall market size. Multiple secondary sources such as directories, company websites, company annual reports, white papers, investor presentations and financial reports were also analyzed by TechSci Research.


Key Target Audience:

  • Tire manufacturers, suppliers, distributors and other stakeholders
  • Government bodies such as regulatory authorities and policy makers
  • Associations, organizations, forums and alliances related to tire industry
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as tire companies, distributors and policy makers. The study would enable the stakeholders in identifying the growing segments over the coming years, thereby aiding them in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, North America tire market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle
    • Two-Wheeler
    • Three-Wheeler
    • Off-the-Road
  • Market, by Demand Category:
    • OEM
    • Replacement
  • Market, by Country:
    • United States
    • Mexico
    • Canada
  • Market, by Company:
    • Bridgestone
    • Michelin
    • Goodyear
    • Continental
    • Hankook
    • Pirelli
    • Kumho
    • Sumitomo

Competitive Landscape

Company Profiles: Detailed analysis of the major companies operating in North America tire market.

Available Customizations: With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information: Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.       Product Overview

2.       Research Methodology

3.       North America Tire Production Overview

4.       North America Tire Market Outlook

4.1.    Market Size & Forecast

4.1.1.By Value & Volume

4.2.    Market Share & Forecast

4.2.1.By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two-Wheeler, Three-Wheeler and OTR)

4.2.2.By Demand Category

4.2.3.By Radial vs. Bias

4.2.4.By Country

4.2.5.By Company

4.3.   United States Tire Market Outlook

4.3.1.Market Size & Forecast

4.3.1.1.   By Value & Volume

4.3.2.Market Share & Forecast

4.3.2.1.   By Vehicle Type

4.3.2.2.   By Demand Category

4.3.2.3.   By Radial vs. Bias

4.4.   Mexico Tire Market Outlook

4.4.1.Market Size & Forecast

4.4.1.1.   By Value & Volume

4.4.2.Market Share & Forecast

4.4.2.1.   By Vehicle Type

4.4.2.2.   By Demand Category

4.4.2.3.   By Radial vs. Bias

4.5.   Canada Tire Market Outlook

4.5.1.Market Size & Forecast

4.5.1.1.   By Value & Volume

4.5.2.Market Share & Forecast

4.5.2.1.   By Vehicle Type

4.5.2.2.   By Demand Category

4.5.2.3.   By Radial vs. Bias

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]
  • List of Figures

     

    Figure 1: North America Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2013-2023F

    Figure 2: North America Population (Million), 2013-2017

    Figure 3: North America Tire Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 4: North America Tire Market Share, By Demand Category, By Volume, 2013-2023F

    Figure 5: North America Tire Market Share, By Radial Vs. Bias, By Volume, 2013-2023F

    Figure 6: Vehicle Sales in North America (Million Units), 2013-2017

    Figure 7: North America Tire Market Share, By Country, By Volume, 2013-2023F

    Figure 8: North America Tire Market Share, By Company, By Volume, 2017 & 2023F

    Figure 9: United States Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2013-2023F

    Figure 10: United States Population (Million), 2013-2017

    Figure 11: United States Tire Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 12: United States Tire Market Share, By Demand Category, By Volume, 2013-2023F

    Figure 13: United States Tire Market Share, By Radial Vs. Bias, By Volume, 2013-2023F

    Figure 14: Vehicle Sales in United States (Million Units), 2013-2017

    Figure 15: Mexico Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2013-2023F

    Figure 16: Mexico Population (Million), 2013-2017

    Figure 17: Mexico Tire Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 18: Mexico Tire Market Share, By Demand Category, By Volume, 2013-2023F

    Figure 19: Mexico Tire Market Share, By Radial Vs. Bias, By Volume, 2013-2023F

    Figure 20: Vehicle Sales in Mexico (Million Units), 2013-2017

    Figure 21: Canada Tire Market Size, By Value (USD Billion), By Volume (Million Units), 2013-2023F

    Figure 22: Canada Population (Million), 2013-2017

    Figure 23: Canada Tire Market Share, By Vehicle Type, By Volume, 2013-2023F

    Figure 24: Canada Tire Market Share, By Demand Category, By Volume, 2013-2023F

    Figure 25: Canada Tire Market Share, By Radial Vs. Bias, By Volume, 2013-2023F

    Figure 26: Vehicle Sales in Canada (Million Units), 2013-2017

     

    List of Tables

    Table 1: North America Tire Production, By Country, By Company and Plant Location, 2015