United States Consumer Tires Market was valued at USD 25 Billion in 2022 and is projected to reach USD 34 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
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The United States Consumer Tires Market Has Experienced Significant Growth, Reaching Approximately $61 Billion In 2022. This Expansion Is Driven By Various Factors, Including Increasing Vehicle Ownership And Advancements In Tire Technology.
Types Of Consumer Tires In The U.S. Market
All-Season Tires: Designed To Perform Adequately In Various Weather Conditions, These Tires Are Popular Among Consumers Seeking Versatility Without The Need To Switch Tires Seasonally.
Winter Tires: Engineered For Enhanced Traction On Snow And Ice, Winter Tires Are Essential In Regions Experiencing Harsh Winter Conditions.
Performance Tires: Aimed At High-Performance Vehicles, These Tires Offer Superior Handling And Speed Capabilities, Catering To Driving Enthusiasts.
All-Terrain Tires: Suitable For Off-Road And On-Road Use, All-Terrain Tires Appeal To Drivers Requiring Durability Across Diverse Terrains.
Ev-Specific Tires: With The Rise Of Electric Vehicles (Evs), Manufacturers Have Developed Tires Tailored To The Unique Demands Of Evs, Such As Reduced Rolling Resistance And Increased Load-Bearing Capacity.
Industry Requirements And Trends
Fuel Efficiency: Consumers And Regulators Are Increasingly Prioritizing Fuel-Efficient Tires To Reduce Carbon Emissions And Improve Mileage. This Has Led To The Development Of Low Rolling Resistance Tires.
Technological Innovations: Modern Vehicles Equipped With Advanced Driver-Assistance Systems (Adas) Require Tires With Sensors And Smart Capabilities To Enhance Safety And Performance. For Instance, Goodyear'S Smart Tires Can Detect Road Conditions Like Rain And Ice, Improving Emergency Braking Systems. CiteTurn0News24
Durability And Longevity: As Vehicles Age, With The Average Age Reaching 13.6 Years, Consumers Demand Tires That Offer Extended Lifespan And Reliability. CiteTurn0News22
Specialization: The Trend Towards Specialized Tires, Such As Those For Evs Or Specific Weather Conditions, Is Growing. Manufacturers Are Focusing On Developing Products That Cater To Niche Markets, Enhancing Vehicle Performance And Safety. CiteTurn0Search2
In My Experience, Selecting The Right Tire Type Significantly Impacts Vehicle Performance And Safety. For Instance, Switching To All-Terrain Tires Improved My Vehicle'S Handling During Off-Road Trips, Providing A Noticeable Difference In Traction And Stability.
Moreover, The Market Dynamics Are Influenced By Economic Factors. The Recent Bankruptcy Filing Of American Tire Distributors, The Largest Seller Of Replacement Tires In The U.S., Highlights The Challenges Faced By Distributors In Adapting To Market Changes And Consumer Demands. CiteTurn0News27
In Conclusion, The U.S. Consumer Tires Market Is Evolving Rapidly, With Manufacturers And Industries Adapting To Technological Advancements And Changing Consumer Preferences. Staying Informed About These Trends Is Crucial For Consumers And Industry Stakeholders Alike.
Get an In-Depth Research Analysis of the US Consumer Tires Market Size And Forecast [2025-2032]
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Bridgestone
GoodYear
Continental
Michelin
Sumitomo
Hankook
Pirelli
Yokohama
Zhongce Rubber
Toyo Tire Corporation
Cooper Tire
Apollo Tyres
KUMHO TIRES
Linglong Tire
MRF
Cheng Shin Rubber(Maxxis)
Sailun Group
Nokian Tyres
Triangle Tire Group
JK TYRE
AEOLUS TYRE
Giti
Nexen Tire
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Consumer Tires Market
Radial Tires
Bias Ply Tires
Passenger Vehicles
Commercial Vehicles
Heavy Duty Vehicles
Two-Wheelers
Passenger Cars
Light Commercial Vehicles
Heavy Trucks
Buses
Motorcycles
On-Road Tires
Off-Road Tires
Original Equipment Manufacturer (OEM)
Aftermarket
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Consumer Tires Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Consumer Tires Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Consumer Tires Market, By Type
6. US Consumer Tires Market, By Application
7. US Consumer Tires Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Consumer Tires Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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