Notifications
9 minutes, 9 seconds
-119 Views 0 Comments 0 Likes 0 Reviews
According to the latest report by MarkNtel Advisors, titled “Japan Tire Market By Vehicle Type (Passenger Cars (SUV, Sedan, Hatchback & Bakkies), Light Commercial Vehicles (LCV) (Light Trucks, Light Buses, Pickup Trucks & Vans), Medium & Heavy Commercial Vehicles (Bus, Truck), Two Wheelers (Moped, Scooters, Motorcycles), Off the Road (OTR) (Earthmoving Equipment, Material Handling Equipment, Industrial & Mining Equipment)), By Type of Tire (Radial, Bias), By Demand Type (OEM, Replacement), By Season (All-Season, Summer), By Sales Channel (Online, Dealers/ Exclusive Outlets), By Rim Size (Up to 12, 12.1” to 15”, 15.1.” to 18”, 18.1” to 20”, 20.1” to 22.5”, 22.6” to 26”, 26.1” to 35”, 35.1” to 47”, Above 47”), By Price Category (Low, Medium, High) and others, The Japan Tire Market sales volume was 119.32 million units in 2022 and is projected to grow at a CAGR of around 1.8% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-30): 1.8%
In case you missed it, we are currently revising our reports. Click on the "request sample report" button to get the latest research data with forecast for the years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.
Request Free Sample Report (Exclusive Offer on this report): https://www.marknteladvisors.com/query/request-sample/japan-tire-market.html
Leveraging the Electric Vehicle Trend: The government of Japan aims to bring a 100% transition to EVs by 2035, resulting in a growing emphasis on exploring electric vehicles (EVs) trends. EVs often demand specialized tires designed for better energy efficiency and reduced road noise. This preference change might open up new opportunities for tire manufacturers in Japan to cater to the emerging electric vehicle market. By embracing this trend, the Japanese automotive industry garners international investors and partners, positioning itself as an attractive destination for EV-related investments and collaborations. This fosters technology transfers and elevates the industry's global competitiveness. Besides, re-entering the EV segment allows Japanese tire manufacturers to consolidate their dominance as a major player in the world's automotive market, further solidifying their reputation for innovation and sustainable mobility solutions.
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/japan-tire-market.html
-By Demand Type
Of both, the demand for replacement tires has witnessed a significant surge during the historical period.
-By Type of Vehicle
Here, passenger cars dominate the Japan Tire Market with the largest share, and the same trend is likely during 2024-30.
-By Type of Tire
-By Season
-By Sales Channel
-By Rim Size
-By Price Category
-By Region
Contact Our Analysts for Brochure Requests, Customization, or Any Pre-Purchase Inquiries: https://www.marknteladvisors.com/query/request-customization/japan-tire-market.html
“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 1.80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Media Contact:
Company Name: MarkNtel Advisors
Email: sales@marknteladvisors.com
Website: www.marknteladvisors.com/
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh - 201301, India
Japan Tire Market Share Japan Tire Market Trends Japan Tire Market Growth
