IMARC Group has published a market research report titled “United States Tire Market Report by Design (Radial, Bias), End-Use (OEM, Replacement), Vehicle Type (Passenger Cars, Light Commercial Vehicles, Medium and Heavy Commercial Vehicles, Two Wheelers, Three Wheelers, Off-The-Road (OTR)), Distribution Channel (Offline, Online), Season (All Season Tires, Winter Tires, Summer Tires), and Region 2024-2032“, offers a comprehensive analysis of the industry, which comprises insights on the United States tire market outlook. The market size reached 350.6 Million Units in 2023. Looking forward, IMARC Group expects the market to reach 400.3 Million Units by 2032, exhibiting a growth rate (CAGR) of 1.4% during 2024-2032.
The growing automotive industry, as well as technological advancements in tire manufacturing, are the factors responsible for the growth of the United States tire market. Additionally, the market is catalyzing owing to rising spending on purchasing new vehicles, which is creating a need for high-quality tires. Besides this, the replacement tire segment continues to see robust sales, bolstered by the average demand for regular vehicle maintenance and the overall aging vehicle fleet across the country. Moreover, the expansion of the automotive sector, including the steady rise in sales of commercial vehicles driven by the e-commerce boom and increased logistic activities, further stimulates the utilization of specialized commercial tires, supporting market growth.
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United States Tire Market Trends and Drivers:
The United States tire market is also being shaped by technological innovations that are leading to the development of advanced tire technologies such as airless tires and eco-friendly tires made from sustainable materials. These innovations are largely driven by environmental considerations and regulatory standards aimed at reducing the carbon footprint of vehicles. In addition to this, the increasing focus on sustainability has prompted tire manufacturers to invest in green technologies that minimize the environmental impact of their production processes and products, positively impacting the market. Furthermore, the integration of smart tire technologies, which feature sensors for monitoring pressure and temperature, is gaining traction among safety-conscious consumers, which is anticipated to drive the United States tire market over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Design:
- Radial
- Bias
Breakup by End-Use:
- OEM
- Replacement
Breakup by Vehicle Type:
- Passenger Cars
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Light Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Medium and Heavy Commercial Vehicles
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Two Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Three Wheelers
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
- Off-The-Road (OTR)
- Market Breakup by Rim Size
- Market Breakup by Tire Size
- Price Ranges by Rim Size
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Season:
- All Season Tires
- Winter Tires
- Summer Tires
Breakup by Region:
- Northeast
- Midwest
- South
- West
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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