小型商用車用タイヤ市場- 世界の産業規模、シェア、動向機会、2018年～2028年予測需要カテゴリー別（OEM、交換用）、駆動タイプ別（内燃機関車、電動車）、地域別、競合市場

小型商用車用タイヤの世界市場規模は2022年に446億米ドルに達し、予測期間のCAGRは5.5%で成長すると予測されています。

自動車用タイヤは、相手先ブランド製造業者（OEM）が販売する自動車に使用される工場装着タイヤです。これらのタイヤの車両への最初の取り付けは、タイヤメーカーによって定められています。高い燃費効率、耐久性、バランスの取れた乗り心地などの性能基準を満たす新車用のタイヤを選択するため、自動車メーカーはタイヤメーカーと協力します。小型商用車の生産と販売の増加が、自動車用タイヤOEM市場の拡大に拍車をかけると予測されています。自動車を購入する人が増えるにつれて、高性能車へのニーズが高まっています。

主な市場促進要因

経済成長と工業化

経済成長と工業化は小型商用車、ひいてはLCVタイヤの需要を促進する上で極めて重要な役割を果たしています。経済が拡大するにつれて、企業は物資の移動のための効率的な輸送ソリューションを必要とし、それがLCVの需要増につながっています。これらの車両は、耐久性、積載能力、燃費効率を提供するタイヤに依存しています。したがって、産業や商業活動が成長するにつれて、LCV用タイヤの需要も急増します。インドや中国などの新興市場は、力強い経済成長と都市化を経験している地域の代表例です。これらの国では、物流、配送サービス、小規模産業においてLCVの需要が高まっています。その結果、LCVタイヤメーカーはこの成長の恩恵を受け、売上と収益の増加につながります。

4.タイヤ技術とコネクティビティの進歩

先進技術のLCVタイヤへの統合は、近年勢いを増している動向です。これらの技術の進歩は、タイヤの性能、安全性、モニタリング能力を向上させる。タイヤ技術とコネクティビティの進歩は、より安全で効率的なLCVの運行に貢献するだけでなく、コネクテッドカーや自律走行車に向けた広範な業界動向にも合致しています。車両とデジタルシステムの統合が進むにつれて、スマートタイヤ技術は、リアルタイムのデータを提供し、車両全体の性能を向上させる上で重要な役割を果たすと思われます。

セグメント別の洞察

タイヤの種類は、異なる気象条件や運転嗜好に基づく消費者の多様なニーズを満たす上で重要な役割を果たします。温暖な気候向けに設計された夏用タイヤは、乾燥路や濡れた路面で優れたグリップとハンドリングを発揮します。主に暑い気候の地域で好まれます。一方、冬用タイヤは寒冷地や雪道、凍結した路面での走行に特化したタイヤで、低温下でのトラクションを高める独自のトレッドパターンとゴムコンパウンドが特徴です。オールシーズンタイヤは、小雪や雨を含む様々なコンディションで十分な性能を発揮するように設計された汎用性の高いタイヤで、年間を通じて利便性と信頼性を求める消費者に人気のある選択肢となっています。

タイヤサイズは車の性能と安全性に影響を与える重要な要素です。小型商用車用タイヤには、さまざまな車両や走行条件に対応できるよう、さまざまなサイズがあります。効率と操縦性を優先するコンパクトカーやサブコンパクトカーでは、小さめのタイヤサイズが一般的です。SUVやトラックでは、安定性と積載性を高めるために大きなタイヤサイズが主流です。適切なタイヤサイズの選択は、適切なハンドリング、ブレーキ、そして車両全体の性能を維持するために不可欠です。タイヤの構造は、乗り心地と耐久性に大きく影響します。ラジアルタイヤは最も一般的なタイヤで、タイヤの中心から放射状に配置されたファブリックコードの層が特徴です。滑らかな乗り心地で、トレッドの寿命も長いです。バイアスプライタイヤはコードが斜めに交差しており、トラックなどのヘビーデューティ用途に適しています。ランフラットタイヤは、パンクしても一時的に機能を継続するように設計されており、 促進要因が修理工場に到着できるようにすることで安全性を高めています。それぞれのタイヤ構造は、快適性、耐久性、安全性などの要素をバランスさせながら、特定のニーズに対応しています。

タイヤが消費者に届くには、流通経路が極めて重要な役割を果たします。OEM（Original Equipment Manufacturer：相手先ブランドによる生産）販売では、タイヤメーカーが自動車メーカーに直接タイヤを供給し、新車に装着します。アフターマーケット販売は、消費者が既存車用のタイヤを購入する交換用タイヤ市場を含みます。オンライン販売とeコマース・プラットフォームが脚光を浴び、消費者に利便性と幅広いタイヤ選択肢を提供し、価格を比較したりレビューを読んだりする柔軟性を提供しています。伝統的な実店舗のタイヤ販売店は依然として重要な販売チャネルであり、タイヤの取り付け、アライメント、メンテナンスなどのサービスを提供しています。

消費者は、ブランドの評判や予算を考慮してタイヤの購入を決めることが多いです。ミシュラン、ブリヂストン、グッドイヤーのような老舗タイヤブランドは、その品質と性能で知られており、ブランドの信頼性を優先する消費者を惹きつけています。バジェットまたはバリュー志向のタイヤブランドは、手頃な価格を提供し、コスト意識の高い消費者に人気があります。幅広い価格帯が用意されているため、消費者は性能や安全性の要件を満たしつつ、予算に見合ったタイヤを選ぶことができます。結論として、これらのセグメント別の洞察を理解することで、世界の小型商用車用タイヤ市場の包括的な見解が得られ、消費者の選択と市場ダイナミクスを形成する上で、タイヤの種類、サイズ、構造、販売チャネル、ブランドの評判、価格帯の重要性が浮き彫りになります。

地域別インサイト

アジア太平洋地域は、世界の小型商用車用タイヤ市場における強国です。人口が急増し、中産階級が増加している中国やインドなどの国々は、乗用車とタイヤの需要を大きく牽引しています。急速な都市化、経済成長、自動車保有率の増加がこの需要をさらに押し上げています。APACは重要な消費地であるだけでなく、数多くのタイヤ生産施設を擁するタイヤの主要生産拠点でもあります。タイヤの安全性と排ガス基準を推進する政府の政策は、この地域の市場ダイナミクスを形成する上で重要な役割を果たしています。

北米は小型商用車用タイヤ市場が成熟しており、競争が激しいです。この地域の消費者は、タイヤの選択において安全性、性能、耐久性を優先しています。この地域の気候条件は多様であるため、オールシーズンタイヤの需要が顕著です。グッドイヤーやミシュランを含む数多くの老舗タイヤメーカーが存在するため、競合情勢は確実なものとなっています。さらに、特に米国とカナダでは、厳しい安全規制と環境規制がタイヤの設計と製造工程に影響を与えています。欧州は、規制が厳しく環境意識の高い小型商用車用タイヤ市場を誇っています。欧州諸国ではタイヤの安全基準とラベリング基準が厳しく、消費者の意識と選択を促進しています。持続可能性への懸念が、燃費を向上させ排出ガスを削減する環境に優しいタイヤへの需要を後押ししています。欧州ではプレミアムタイヤブランドの市場が大きいが、同地域ではバリュー志向のブランドも重視されており、さまざまな予算の消費者に対応しています。欧州では高速道路が普及しているため、ハンドリング性能に優れたタイヤが必要とされ、タイヤの仕様に影響を与えています。

目次

第1章 イントロダクション

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 小型商用車用タイヤの世界市場におけるCOVID-19の影響

第5章 小型商用車用タイヤの世界市場展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 需要カテゴリー別（OEM、リプレイス）
  • 駆動タイプ別（内燃機関車、電気自動車）
  • 地域別
  • 企業別（上位5社、その他- 金額ベース、2022年）
• 小型商用車用タイヤの世界市場マッピングと機会評価
  • 需要カテゴリー別
  • ドライブタイプ別
  • 地域別

第6章 アジア太平洋地域の小型商用車用タイヤ市場展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 需要カテゴリー別
  • ドライブタイプ別
  • 国別
• アジア太平洋地域国別分析
  • 中国
  • インド
  • 日本
  • インドネシア
  • タイ
  • 韓国
  • オーストラリア

第7章 欧州・CIS小型商用車用タイヤ市場展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 需要カテゴリー別
  • ドライブタイプ別
  • 国別
• 欧州＆CIS：国別分析
  • ドイツ
  • スペイン
  • フランス
  • ロシア
  • イタリア
  • 英国
  • ベルギー

第8章 北米小型商用車用タイヤ市場展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 需要カテゴリー別
  • ドライブタイプ別
  • 国別
• 北米：国別分析
  • 米国
  • メキシコ
  • カナダ

第9章 南米の小型商用車用タイヤ市場展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 車両タイプ別
  • 需要カテゴリー別
  • ドライブタイプ別
  • 国別
• 南米：：国別分析
  • ブラジル
  • コロンビア
  • アルゼンチン

第10章 中東・アフリカ小型商用車用タイヤ市場の展望

• 市場規模・予測
  • 数量・金額別
• 市場シェアと予測
  • 車両タイプ別
  • 需要カテゴリー別
  • ドライブタイプ別
  • 国別
• 中東・アフリカ：国別分析
  • トルコ
  • イラン
  • サウジアラビア
  • アラブ首長国連邦

第11章 SWOT分析

• 強み
• 弱み
• 機会
• 脅威

第12章 市場力学

• 市場促進要因
• 市場の課題

第13章 市場動向と発展

第14章 競合情勢

• Company Profiles（Up to 10 Major Companies）
  • Bridgestone Corp.
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Continental Automotive AG.
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Cooper Tire & Rubber Company
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Goodyear Tire & Rubber Company
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Michelin Tires
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Hankook Tire & Technology Co., Ltd.
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • MRF（Madras Rubber Factory Limited）.
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • The Yokohama Rubber Co.
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Pirelli & C SpA
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel
  • Apollo Tires
    • Company Details
    • Key Product Offered
    • Financials（As Per Availability）
    • Recent Developments
    • Key Management Personnel

第15章 戦略的提言

• 重点地域
  • 対象地域
  • 対象車種
  • ターゲット需要カテゴリー

第16章 調査会社・免責事項

The Global Light Commercial Vehicle Tire Market size reached USD 44.6 billion in 2022 and is expected grow with a CAGR of 5.5% in the forecast period. Automotive tires are the factory-installed tires used on the cars that Original Equipment Manufacturers (OEMs) sell. The first installation of these tires onto the vehicle is defined by the tire manufacturer. To select a tire for a brand-new vehicle that meets performance criteria including high fuel efficiency, durability, and balanced ride noise, the vehicle manufacturer collaborates with tire manufacturers. It is projected that the growing production and sales of light commercial vehicles would fuel the expansion of the automotive tire OEM market. There is an increasing need for high-performance cars as more people buy vehicles.

Key Market Drivers

Economic Growth and Industrialization

Economic growth and industrialization play a pivotal role in driving the demand for light commercial vehicles and, consequently, LCV tires. As economies expand, businesses require efficient transportation solutions for the movement of goods, which leads to an increased demand for LCVs. These vehicles rely on tires that offer durability, load-carrying capacity, and fuel efficiency. Hence, as industrial and commercial activities grow, there is a corresponding surge in the demand for LCV tires. Emerging markets, such as India and China, are prime examples of regions experiencing robust economic growth and urbanization. These countries witness a rising demand for LCVs in logistics, delivery services, and small-scale industries. Consequently, LCV tire manufacturers benefit from this growth, leading to increased sales and revenue.

E-commerce and Last-Mile Delivery

The rapid growth of e-commerce has revolutionized the retail sector and given rise to last-mile delivery services. This trend has significantly increased the need for light commercial vehicles, as they are the primary means of transporting goods from distribution centers to the end consumer's doorstep. As e-commerce continues to thrive, the demand for LCVs and LCV tires is set to soar. LCV tires used in last-mile delivery applications must be robust, offer good traction, and provide a comfortable ride, given the frequent stops and starts involved in this type of operation. Tire manufacturers are responding by developing specialized tires tailored to the unique demands of last-mile delivery, further driving the market's growth.

Urbanization and Infrastructure Development

Rapid urbanization and infrastructure development are driving factors behind the LCV tire market's growth. As cities expand and modernize, the need for efficient transportation within urban areas escalates. Light commercial vehicles, including vans and small trucks, become indispensable for various urban tasks, such as construction, waste management, and utility maintenance. LCV tires are critical to ensuring the reliability and efficiency of these vehicles as they navigate urban environments. Moreover, improved road networks and infrastructure development projects necessitate the use of LCVs for construction and maintenance activities. Consequently, the demand for LCV tires surges, driven by the growing urban population and infrastructure projects.

Stringent Emission Regulations and Fuel Efficiency

Environmental concerns and stringent emission regulations have prompted automakers to develop more fuel-efficient LCVs. Fuel efficiency is directly linked to the rolling resistance of tires. As a result, there is a growing demand for LCV tires that can minimize rolling resistance, reduce fuel consumption, and lower carbon emissions. Tire manufacturers are responding to this demand by innovating and producing low-rolling-resistance tires that enhance the fuel efficiency of light commercial vehicles. These tires not only meet regulatory requirements but also help businesses reduce operational costs. As emission standards become stricter globally, the market for fuel-efficient LCV tires is poised for continuous growth.

Technological Advancements in Tire Manufacturing

Technological advancements in tire manufacturing have had a profound impact on the LCV tire market. These innovations encompass various aspects, including tire materials, tread design, and manufacturing processes. The incorporation of advanced materials, such as silica compounds and nanotechnology, has led to the development of tires that offer better grip, longer tread life, and improved fuel efficiency. Additionally, the use of computer-aided design (CAD) and simulation tools enables tire manufacturers to optimize tire performance for specific LCV applications. This results in tires that are tailored to meet the unique requirements of different types of light commercial vehicles, whether they are used for delivery, passenger transport, or specialized industrial tasks. Moreover, the emergence of self-healing and run-flat tire technologies enhances the durability and safety of LCV tires, appealing to both fleet operators and individual vehicle owners. These technological advancements not only boost tire performance but also drive market growth by attracting customers seeking superior products.

Fleet Management and Tire Maintenance Solutions

The adoption of fleet management and tire maintenance solutions by commercial vehicle operators has become a significant driver in the LCV tire market. Fleet managers are increasingly recognizing the importance of proactive tire maintenance to ensure vehicle safety, optimize fuel efficiency, and extend tire lifespan. Tire pressure monitoring systems (TPMS) and advanced telematics enable fleet managers to monitor tire conditions in real-time, ensuring that tires are properly inflated and maintained. This results in reduced downtime, lower maintenance costs, and improved safety. As a result, many fleet operators are investing in these solutions, creating a growing demand for advanced and durable LCV tires.

Safety and Regulatory Compliance

Safety remains a paramount concern for all vehicles, including light commercial vehicles. Government regulations and safety standards are continually evolving, imposing stricter requirements on vehicle manufacturers and, by extension, tire manufacturers. LCV tires must adhere to these regulations, ensuring they meet safety and performance standards. The demand for LCV tires with enhanced safety features, such as improved wet and dry traction, shorter braking distances, and superior handling, is on the rise. Tire manufacturers are investing in research and development to develop tires that not only comply with safety standards but also exceed customer expectations. Furthermore, the emergence of winter and all-season tires tailored for light commercial vehicles in regions with diverse climatic conditions has become a significant market driver, as they enhance vehicle safety during adverse weather conditions.

Key Market Challenges

Fluctuating Raw Material Prices and Supply Chain Disruptions

One of the most pressing challenges for the LCV tire market is the volatility in raw material prices, particularly the prices of natural rubber, synthetic rubber, and other essential components used in tire manufacturing. The tire industry relies heavily on these raw materials, making it vulnerable to fluctuations in prices driven by factors such as weather conditions, geopolitical tensions, and global supply and demand dynamics. These fluctuations can significantly impact production costs and, in turn, tire pricing. Manufacturers often pass on these cost increases to consumers, which can lead to decreased affordability for LCV owners and fleet operators. Moreover, the unpredictability of raw material prices can disrupt long-term planning and investment in tire manufacturing, creating uncertainty within the industry.

Intense Market Competition

The LCV tire market is highly competitive, with numerous manufacturers vying for market share. This intense competition places downward pressure on prices and can result in thinner profit margins for tire companies. Market leaders often face challenges in maintaining their dominant positions, while smaller players struggle to gain traction in a crowded market. Competitive pressures can lead to a race to the bottom in terms of pricing, potentially compromising product quality. To cut costs, some manufacturers may resort to using subpar materials or reducing production standards, which can negatively impact tire performance and safety. To address this challenge, tire manufacturers must focus on innovation and differentiation. Developing advanced tire technologies, improving fuel efficiency, enhancing tread life, and optimizing safety features can help manufacturers stand out in the crowded market. Effective branding and marketing strategies are also crucial for maintaining a competitive edge.

Regulatory Compliance and Safety Standards

Tire manufacturers operating in the LCV segment must adhere to stringent regulatory standards and safety requirements imposed by governments and industry organizations. These standards cover various aspects of tire performance, including tread depth, load-carrying capacity, wet and dry traction, and rolling resistance. Meeting and maintaining compliance with these standards is a complex process that requires rigorous testing and quality control measures. Non-compliance can result in costly recalls, legal repercussions, and damage to a manufacturer's reputation. Keeping up with evolving regulations, which can differ from one region to another, adds another layer of complexity to the challenge.

Environmental Concerns and Sustainability

Environmental sustainability has become a critical concern for the automotive industry, including the LCV tire market. The production and disposal of tires can have a significant environmental impact, from the extraction of raw materials to energy consumption during manufacturing and the management of end-of-life tires. One major challenge is the disposal of old or worn-out tires, which can lead to environmental hazards if not managed properly. Improperly discarded tires can accumulate in landfills, release harmful chemicals into the soil and water, and pose fire risks. Addressing this challenge requires implementing effective tire recycling and disposal programs. Moreover, consumers and businesses are increasingly conscious of their carbon footprint, leading to a growing demand for eco-friendly and sustainable tires. Manufacturers need to develop tires that are more fuel-efficient, have reduced rolling resistance, and use sustainable materials in their production. Additionally, recycling initiatives, such as retreading, can help extend the lifespan of tires and reduce waste.

Rapid Technological Advancements and Innovation

While technological advancements are a driver of growth, they can also present challenges for the LCV tire market. The pace of innovation in tire technology is rapid, with constant improvements in materials, tread designs, and manufacturing processes. Keeping up with these advancements can be demanding for tire manufacturers, especially smaller companies with limited resources. Additionally, the integration of smart technologies into tires, such as tire pressure monitoring systems (TPMS) and advanced sensors, adds complexity to tire production. Manufacturers must invest in research and development to develop these technologies and ensure they are reliable and safe.

Changing Consumer Preferences and Mobility Trends

Consumer preferences and mobility trends are evolving, and this poses a challenge for the LCV tire market. As consumers become more environmentally conscious, there is a growing interest in electric LCVs and alternative mobility solutions. Electric vehicles (EVs) have different tire requirements due to their unique weight distribution and energy efficiency considerations. Furthermore, shared mobility services, such as ride-sharing and vehicle rental, are gaining popularity, particularly in urban areas. These services put a higher mileage burden on tires, necessitating more durable and longer-lasting products.

Key Market Trends

Growing Demand for Electric LCV Tires

One of the most significant trends in the LCV tire market is the increasing demand for tires designed specifically for electric LCVs (eLCVs). The rise of electric mobility, driven by environmental concerns and regulatory mandates to reduce emissions, has prompted the development of eLCVs across various segments, including delivery vans, minivans, and light-duty trucks. eLCVs have unique tire requirements compared to their traditional internal combustion engine counterparts. Factors such as the weight distribution of batteries and the need for improved rolling resistance to maximize electric range have led to the development of specialized tires. These tires are designed to optimize energy efficiency, reduce noise levels, and provide better handling characteristics.

To cater to the growing eLCV market, tire manufacturers are investing in research and development to produce tires that meet these specialized requirements. This trend is expected to gain further momentum as electric mobility continues to expand, making eLCV tires a critical segment within the LCV tire market.

Increasing Emphasis on Fuel Efficiency and Sustainability

Fuel efficiency has become a paramount concern in the LCV tire market, driven by both environmental considerations and the desire to reduce operational costs for vehicle owners and fleet operators. Consumers and businesses are increasingly conscious of their carbon footprint and operating expenses, leading to a growing demand for tires that contribute to improved fuel efficiency. Tire manufacturers are responding to this demand by developing tires with lower rolling resistance. Lower rolling resistance tires require less energy to roll, which translates to reduced fuel consumption. Improved fuel efficiency not only benefits vehicle owners by lowering their operating costs but also aligns with regulatory standards aimed at reducing greenhouse gas emissions.

The emphasis on fuel efficiency and sustainability is expected to persist and drive further innovation in the LCV tire market. As regulatory standards become more stringent, consumers and businesses will increasingly prioritize environmentally friendly and cost-effective tire solutions.

Rise of All-Season and Winter LCV Tires

Traditionally, LCV owners and fleet operators would switch between summer and winter tires to adapt to seasonal weather conditions. However, a significant trend in the LCV tire market is the increasing popularity of all-season and winter-specific tires designed to provide optimal performance year-round. The convenience of not having to change tires seasonally and the desire for enhanced safety and handling in adverse weather conditions are driving the demand for these specialized tire types.

All-Season Tires: All-season LCV tires are designed to offer good performance in a variety of weather conditions, including dry, wet, and light snow conditions. They strike a balance between grip, durability, and comfort, making them suitable for year-round use. These tires typically feature tread patterns optimized for versatile performance.

Winter Tires: Winter-specific LCV tires, often referred to as snow tires, are engineered to provide superior traction and handling in cold, snowy, and icy conditions. They feature specialized rubber compounds that remain pliable at low temperatures, as well as tread designs with deep sipes and biting edges for enhanced grip on slippery surfaces.

Manufacturers are investing in research and development to produce all-season and winter LCV tires that deliver optimal performance without compromising safety or durability. As consumer awareness of the benefits of these tires grows, their market share is expected to expand.

4. Advancements in Tire Technology and Connectivity

The integration of advanced technologies into LCV tires is a trend that has gained momentum in recent years. These technological advancements enhance tire performance, safety, and monitoring capabilities. The advancements in tire technology and connectivity not only contribute to safer and more efficient LCV operation but also align with broader industry trends towards connected and autonomous vehicles. As vehicles become more integrated with digital systems, smart tire technology will play a crucial role in providing real-time data and improving overall vehicle performance.

Segmental Insights

Tire types play a crucial role in meeting the diverse needs of consumers based on different weather conditions and driving preferences. Summer tires, designed for warm weather, excel in providing superior grip and handling on dry and wet roads. They are favored in regions with predominantly hot climates. On the other hand, winter tires are specialized for cold, snowy, and icy conditions, featuring unique tread patterns and rubber compounds that enhance traction in low temperatures. All-season tires are versatile, designed to offer satisfactory performance in various conditions, including light snow and rain, making them a popular choice for consumers seeking year-round convenience and reliability.

Tire size is a critical factor influencing vehicle performance and safety. Light Commercial Vehicle tires come in various sizes to accommodate different vehicles and driving requirements. Smaller tire sizes are common in compact and subcompact cars, where efficiency and maneuverability are prioritized. Larger tire sizes are prevalent in SUVs and trucks, offering enhanced stability and load-carrying capacity. The selection of the right tire size is essential to maintain proper handling, braking, and overall vehicle performance. Tire construction significantly impacts ride quality and durability. Radial tires are the most prevalent, featuring layers of fabric cords arranged radially from the tire's center. They offer a smooth ride and good tread life. Bias-ply tires have cords that crisscross diagonally, making them suitable for heavy-duty applications like trucks. Run-flat tires are engineered to continue functioning temporarily even after a puncture, enhancing safety by allowing drivers to reach a repair facility. Each tire construction type caters to specific needs, balancing factors like comfort, durability, and safety.

The sales channel through which tires are distributed plays a pivotal role in reaching consumers. Original Equipment Manufacturer (OEM) sales involve tire manufacturers supplying tires directly to automakers for installation on new vehicles. Aftermarket sales encompass the replacement tire market, where consumers purchase tires for existing vehicles. Online sales and e-commerce platforms have gained prominence, offering consumers convenience and a wide range of tire options with the flexibility to compare prices and read reviews. Traditional brick-and-mortar tire dealerships remain a crucial sales channel, providing services like tire installation, alignment, and maintenance.

Consumers often make tire purchasing decisions based on brand reputation and budget considerations. Established tire brands like Michelin, Bridgestone, and Goodyear are known for their quality and performance, attracting consumers who prioritize brand reliability. Budget or value-oriented tire brands offer affordability and are popular among cost-conscious consumers. The availability of a wide price range allows consumers to choose tires that align with their budget while still meeting performance and safety requirements. In conclusion, understanding these segmental insights provides a comprehensive view of the global Light Commercial Vehicle Tire Market, highlighting the significance of tire type, size, construction, sales channels, brand reputation, and price range in shaping consumer choices and market dynamics.

Regional Insights

The Asia-Pacific region stands as a powerhouse in the global Light Commercial Vehicle Tire Market. Countries like China and India, with their burgeoning populations and growing middle class, drive substantial demand for passenger cars and tires. Rapid urbanization, economic growth, and increasing vehicle ownership rates have further boosted this demand. In addition to being a significant consumer, APAC also serves as a major manufacturing hub for tires, with numerous tire production facilities. Government policies promoting tire safety and emissions standards play a crucial role in shaping the market's dynamics in this region.

North America is marked by a mature and highly competitive Light Commercial Vehicle tire market. The region's consumers prioritize safety, performance, and durability in their tire choices. The demand for all-season tires is prominent due to the region's diverse climate conditions. The presence of numerous well-established tire manufacturers, including Goodyear and Michelin, ensures a competitive landscape. Additionally, strict safety and environmental regulations, particularly in the United States and Canada, influence tire design and manufacturing processes. Europe boasts a highly regulated and environmentally conscious Light Commercial Vehicle tire market. European countries have stringent safety and labeling standards for tires, promoting consumer awareness and choice. Sustainability concerns drive the demand for eco-friendly tires that enhance fuel efficiency and reduce emissions. While Europe sees a considerable market for premium tire brands, the region also values value-oriented brands, catering to consumers with varying budgets. The prevalence of high-speed highways in Europe necessitates tires with excellent handling capabilities, influencing tire specifications.

Key Market Players

Bridgestone Corp.

Continental Automotive AG

Cooper Tire & Rubber Company

Goodyear Tire & Rubber Company

Hankook Tires Group

Michelin Tires

MRF (Madras Rubber Factory Limited)

Pirelli & C SpA

Apollo Tires

Yokohama Rubber Co. Ltd

Report Scope:

In this report, the Global Light Commercial Vehicle Tire Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Light Commercial Vehicle Tire Market, By Demand Category:

• OEM
• Replacement

Light Commercial Vehicle Tire Market, By Drive Type:

• ICE
• Electric Vehicles

Light Commercial Vehicle Tire Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe & CIS
• Germany
• Spain
• France
• Russia
• Italy
• United Kingdom
• Belgium
• Asia-Pacific
• China
• India
• Japan
• Indonesia
• Thailand
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• Turkey
• Iran
• Saudi Arabia
• UAE

Competitive Landscape

• Company Profiles: Detailed analysis of the major companies present in the Global Light Commercial Vehicle Tire Market.

Available Customizations:

• Global Light Commercial Vehicle Tire Market report with the given market data, Tech Sci 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).

Table of Contents

1. Introduction

• 1.1. Product Overview
• 1.2. Key Highlights of the Report
• 1.3. Market Coverage
• 1.4. Market Segments Covered
• 1.5. Research Tenure Considered

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Market Overview
• 3.2. Market Forecast
• 3.3. Key Regions
• 3.4. Key Segments

4. Impact of COVID-19 on Global Light Commercial Vehicle Tire Market

5. Global Light Commercial Vehicle Tire Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Volume & Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Demand Category Market Share Analysis (OEM and Replacement)
  • 5.2.2. By Drive Type Market Share Analysis (ICE and Electric Vehicles)
  • 5.2.3. By Regional Market Share Analysis
    • 5.2.3.1. Asia-Pacific Market Share Analysis
    • 5.2.3.2. Europe & CIS Market Share Analysis
    • 5.2.3.3. North America Market Share Analysis
    • 5.2.3.4. South America Market Share Analysis
    • 5.2.3.5. Middle East & Africa Market Share Analysis
  • 5.2.4. By Company Market Share Analysis (Top 5 Companies, Others - By Value, 2022)
• 5.3. Global Light Commercial Vehicle Tire Market Mapping & Opportunity Assessment
  • 5.3.1. By Demand Category Market Mapping & Opportunity Assessment
  • 5.3.2. By Drive Type Market Mapping & Opportunity Assessment
  • 5.3.3. By Regional Market Mapping & Opportunity Assessment

6. Asia-Pacific Light Commercial Vehicle Tire Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Volume & Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Demand Category Market Share Analysis
  • 6.2.2. By Drive Type Market Share Analysis
  • 6.2.3. By Country Market Share Analysis
    • 6.2.3.1. China Market Share Analysis
    • 6.2.3.2. India Market Share Analysis
    • 6.2.3.3. Japan Market Share Analysis
    • 6.2.3.4. Indonesia Market Share Analysis
    • 6.2.3.5. Thailand Market Share Analysis
    • 6.2.3.6. South Korea Market Share Analysis
    • 6.2.3.7. Australia Market Share Analysis
    • 6.2.3.8. Rest of Asia-Pacific Market Share Analysis
• 6.3. Asia-Pacific: Country Analysis
  • 6.3.1. China Light Commercial Vehicle Tire Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Volume & Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Demand Category Market Share Analysis
      • 6.3.1.2.2. By Drive Type Market Share Analysis
  • 6.3.2. India Light Commercial Vehicle Tire Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Volume & Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Demand Category Market Share Analysis
      • 6.3.2.2.2. By Drive Type Market Share Analysis
  • 6.3.3. Japan Light Commercial Vehicle Tire Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Volume & Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Demand Category Market Share Analysis
      • 6.3.3.2.2. By Drive Type Market Share Analysis
  • 6.3.4. Indonesia Light Commercial Vehicle Tire Market Outlook
    • 6.3.4.1. Market Size & Forecast
      • 6.3.4.1.1. By Volume & Value
    • 6.3.4.2. Market Share & Forecast
      • 6.3.4.2.1. By Demand Category Market Share Analysis
      • 6.3.4.2.2. By Drive Type Market Share Analysis
  • 6.3.5. Thailand Light Commercial Vehicle Tire Market Outlook
    • 6.3.5.1. Market Size & Forecast
      • 6.3.5.1.1. By Volume & Value
    • 6.3.5.2. Market Share & Forecast
      • 6.3.5.2.1. By Demand Category Market Share Analysis
      • 6.3.5.2.2. By Drive Type Market Share Analysis
  • 6.3.6. South Korea Light Commercial Vehicle Tire Market Outlook
    • 6.3.6.1. Market Size & Forecast
      • 6.3.6.1.1. By Volume & Value
    • 6.3.6.2. Market Share & Forecast
      • 6.3.6.2.1. By Demand Category Market Share Analysis
      • 6.3.6.2.2. By Drive Type Market Share Analysis
  • 6.3.7. Australia Light Commercial Vehicle Tire Market Outlook
    • 6.3.7.1. Market Size & Forecast
      • 6.3.7.1.1. By Volume & Value
    • 6.3.7.2. Market Share & Forecast
      • 6.3.7.2.1. By Demand Category Market Share Analysis
      • 6.3.7.2.2. By Drive Type Market Share Analysis

7. Europe & CIS Light Commercial Vehicle Tire Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Volume & Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Demand Category Market Share Analysis
  • 7.2.2. By Drive Type Market Share Analysis
  • 7.2.3. By Country Market Share Analysis
    • 7.2.3.1. Germany Market Share Analysis
    • 7.2.3.2. Spain Market Share Analysis
    • 7.2.3.3. France Market Share Analysis
    • 7.2.3.4. Russia Market Share Analysis
    • 7.2.3.5. Italy Market Share Analysis
    • 7.2.3.6. United Kingdom Market Share Analysis
    • 7.2.3.7. Belgium Market Share Analysis
    • 7.2.3.8. Rest of Europe & CIS Market Share Analysis
• 7.3. Europe & CIS: Country Analysis
  • 7.3.1. Germany Light Commercial Vehicle Tire Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Volume & Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Demand Category Market Share Analysis
      • 7.3.1.2.2. By Drive Type Market Share Analysis
  • 7.3.2. Spain Light Commercial Vehicle Tire Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Volume & Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Demand Category Market Share Analysis
      • 7.3.2.2.2. By Drive Type Market Share Analysis
  • 7.3.3. France Light Commercial Vehicle Tire Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Volume & Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Demand Category Market Share Analysis
      • 7.3.3.2.2. By Drive Type Market Share Analysis
  • 7.3.4. Russia Light Commercial Vehicle Tire Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Volume & Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Demand Category Market Share Analysis
      • 7.3.4.2.2. By Drive Type Market Share Analysis
  • 7.3.5. Italy Light Commercial Vehicle Tire Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Volume & Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Demand Category Market Share Analysis
      • 7.3.5.2.2. By Drive Type Market Share Analysis
  • 7.3.6. United Kingdom Light Commercial Vehicle Tire Market Outlook
    • 7.3.6.1. Market Size & Forecast
      • 7.3.6.1.1. By Volume & Value
    • 7.3.6.2. Market Share & Forecast
      • 7.3.6.2.1. By Demand Category Market Share Analysis
      • 7.3.6.2.2. By Drive Type Market Share Analysis
  • 7.3.7. Belgium Light Commercial Vehicle Tire Market Outlook
    • 7.3.7.1. Market Size & Forecast
      • 7.3.7.1.1. By Volume & Value
    • 7.3.7.2. Market Share & Forecast
      • 7.3.7.2.1. By Demand Category Market Share Analysis
      • 7.3.7.2.2. By Drive Type Market Share Analysis

8. North America Light Commercial Vehicle Tire Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Volume & Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Demand Category Market Share Analysis
  • 8.2.2. By Drive Type Market Share Analysis
  • 8.2.3. By Country Market Share Analysis
    • 8.2.3.1. United States Market Share Analysis
    • 8.2.3.2. Mexico Market Share Analysis
    • 8.2.3.3. Canada Market Share Analysis
• 8.3. North America: Country Analysis
  • 8.3.1. United States Light Commercial Vehicle Tire Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Volume & Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Demand Category Market Share Analysis
      • 8.3.1.2.2. By Drive Type Market Share Analysis
  • 8.3.2. Mexico Light Commercial Vehicle Tire Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Volume & Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Demand Category Market Share Analysis
      • 8.3.2.2.2. By Drive Type Market Share Analysis
  • 8.3.3. Canada Light Commercial Vehicle Tire Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Volume & Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Demand Category Market Share Analysis
      • 8.3.3.2.2. By Drive Type Market Share Analysis

9. South America Light Commercial Vehicle Tire Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Volume & Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Vehicle Type Market Share Analysis
  • 9.2.2. By Demand Category Market Share Analysis
  • 9.2.3. By Drive Type Market Share Analysis
  • 9.2.4. By Country Market Share Analysis
    • 9.2.4.1. Brazil Market Share Analysis
    • 9.2.4.2. Argentina Market Share Analysis
    • 9.2.4.3. Colombia Market Share Analysis
    • 9.2.4.4. Rest of South America Market Share Analysis
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Light Commercial Vehicle Tire Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Volume & Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Demand Category Market Share Analysis
      • 9.3.1.2.2. By Drive Type Market Share Analysis
  • 9.3.2. Colombia Light Commercial Vehicle Tire Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Volume & Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Demand Category Market Share Analysis
      • 9.3.2.2.2. By Drive Type Market Share Analysis
  • 9.3.3. Argentina Light Commercial Vehicle Tire Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Volume & Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Demand Category Market Share Analysis
      • 9.3.3.2.2. By Drive Type Market Share Analysis

10. Middle East & Africa Light Commercial Vehicle Tire Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Volume & Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Vehicle Type Market Share Analysis
  • 10.2.2. By Demand Category Market Share Analysis
  • 10.2.3. By Drive Type Market Share Analysis
  • 10.2.4. By Country Market Share Analysis
    • 10.2.4.1. Turkey Market Share Analysis
    • 10.2.4.2. Iran Market Share Analysis
    • 10.2.4.3. Saudi Arabia Market Share Analysis
    • 10.2.4.4. UAE Market Share Analysis
    • 10.2.4.5. Rest of Middle East & Africa Market Share Africa
• 10.3. Middle East & Africa: Country Analysis
  • 10.3.1. Turkey Light Commercial Vehicle Tire Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Volume & Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Demand Category Market Share Analysis
      • 10.3.1.2.2. By Drive Type Market Share Analysis
  • 10.3.2. Iran Light Commercial Vehicle Tire Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Volume & Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Demand Category Market Share Analysis
      • 10.3.2.2.2. By Drive Type Market Share Analysis
  • 10.3.3. Saudi Arabia Light Commercial Vehicle Tire Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Volume & Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Demand Category Market Share Analysis
      • 10.3.3.2.2. By Drive Type Market Share Analysis
  • 10.3.4. UAE Light Commercial Vehicle Tire Market Outlook
    • 10.3.4.1. Market Size & Forecast
      • 10.3.4.1.1. By Volume & Value
    • 10.3.4.2. Market Share & Forecast
      • 10.3.4.2.1. By Demand Category Market Share Analysis
      • 10.3.4.2.2. By Drive Type Market Share Analysis

11. SWOT Analysis

• 11.1. Strength
• 11.2. Weakness
• 11.3. Opportunities
• 11.4. Threats

12. Market Dynamics

• 12.1. Market Drivers
• 12.2. Market Challenges

13. Market Trends and Developments

14. Competitive Landscape

• 14.1. Company Profiles (Up to 10 Major Companies)
  • 14.1.1. Bridgestone Corp.
    • 14.1.1.1. Company Details
    • 14.1.1.2. Key Product Offered
    • 14.1.1.3. Financials (As Per Availability)
    • 14.1.1.4. Recent Developments
    • 14.1.1.5. Key Management Personnel
  • 14.1.2. Continental Automotive AG.
    • 14.1.2.1. Company Details
    • 14.1.2.2. Key Product Offered
    • 14.1.2.3. Financials (As Per Availability)
    • 14.1.2.4. Recent Developments
    • 14.1.2.5. Key Management Personnel
  • 14.1.3. Cooper Tire & Rubber Company
    • 14.1.3.1. Company Details
    • 14.1.3.2. Key Product Offered
    • 14.1.3.3. Financials (As Per Availability)
    • 14.1.3.4. Recent Developments
    • 14.1.3.5. Key Management Personnel
  • 14.1.4. Goodyear Tire & Rubber Company
    • 14.1.4.1. Company Details
    • 14.1.4.2. Key Product Offered
    • 14.1.4.3. Financials (As Per Availability)
    • 14.1.4.4. Recent Developments
    • 14.1.4.5. Key Management Personnel
  • 14.1.5. Michelin Tires
    • 14.1.5.1. Company Details
    • 14.1.5.2. Key Product Offered
    • 14.1.5.3. Financials (As Per Availability)
    • 14.1.5.4. Recent Developments
    • 14.1.5.5. Key Management Personnel
  • 14.1.6. Hankook Tire & Technology Co., Ltd.
    • 14.1.6.1. Company Details
    • 14.1.6.2. Key Product Offered
    • 14.1.6.3. Financials (As Per Availability)
    • 14.1.6.4. Recent Developments
    • 14.1.6.5. Key Management Personnel
  • 14.1.7. MRF (Madras Rubber Factory Limited).
    • 14.1.7.1. Company Details
    • 14.1.7.2. Key Product Offered
    • 14.1.7.3. Financials (As Per Availability)
    • 14.1.7.4. Recent Developments
    • 14.1.7.5. Key Management Personnel
  • 14.1.8. The Yokohama Rubber Co.
    • 14.1.8.1. Company Details
    • 14.1.8.2. Key Product Offered
    • 14.1.8.3. Financials (As Per Availability)
    • 14.1.8.4. Recent Developments
    • 14.1.8.5. Key Management Personnel
  • 14.1.9. Pirelli & C SpA
    • 14.1.9.1. Company Details
    • 14.1.9.2. Key Product Offered
    • 14.1.9.3. Financials (As Per Availability)
    • 14.1.9.4. Recent Developments
    • 14.1.9.5. Key Management Personnel
  • 14.1.10. Apollo Tires
    • 14.1.10.1. Company Details
    • 14.1.10.2. Key Product Offered
    • 14.1.10.3. Financials (As Per Availability)
    • 14.1.10.4. Recent Developments
    • 14.1.10.5. Key Management Personnel

15. Strategic Recommendations

• 15.1. Key Focus Areas
  • 15.1.1. Target Regions
  • 15.1.2. Target Vehicle Type
  • 15.1.3. Target Demand Category

16. About Us & Disclaimer