Overview of the Global Summer Tire Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Global Summer Tire Market By Type of Vehicle (Sports Car, SUV/MUV, Light Trucks, Others), By Demand (OEM, Replacement), By Price Category (Budget- Upto USD250 Per unit, Economy- USD251 to 500 Per Unit, Premium- Above USD500 Per Unit), By Sales Channel (Dealer & Distributor, Online, Direct Sales), By Tire Size (Tire Size 1, Tire Size 2, Tire Size 3, Tire Size 4, Tire Size 5), The Global Summer Tire Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2025-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Global Summer Tire Market Growth and Scope:

Base Year: 2024

Forecast Period: 2025-30

Historical Data: 2020-23

CAGR (2025-2030): 4%

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A Comprehensive Analysis of Leading Companies of Summer Tire Market by MarkNtel Advisors:

• Bridgestone
• Michelin
• Pirelli
• Continental
• Goodyear
• Kumho
• Hankook
• Toyo
• Yokohama Rubber Co., Ltd
• Nankang Rubber Tire Corp., Ltd.
• Nitto tires
• NEXEN TIRE
• Apollo Tires
• Yokohama
• Sumitomo Rubber
• Nokian

Key Summer Tire Market Segmentation:

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/global-summer-tire-market-analysis.html

-By Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Medium & Heavy Commercial Vehicles
• Off-the-Road (OTR) Vehicles
• Two Wheelers
• Three Wheelers

Of all vehicle types, Passenger cars are anticipated to dominate the Global Summer Tire Market with the largest share during 2025-30.

-By Demand Category

• OEM
• Replacement

Here, the aftermarket summer tires are projected to acquire the largest market share through 2030.

-By Price Category

• Budget- Upto USD250 Per unit- Market Size & Forecast 2020-2030, Thousand Units
• Economy- USD251 to 500 Per Unit- Market Size & Forecast 2020-2030, Thousand Units
• Premium- Above USD500 Per Unit- Market Size & Forecast 2020-2030, Thousand Units

-By Sales Channel

• Dealer & Distributor- Market Size & Forecast 2020-2030, Thousand Units
• Online- Market Size & Forecast 2020-2030, Thousand Units
• Direct Sales- Market Size & Forecast 2020-2030, Thousand Units

-By Tire Size

• Tire Size 1- Market Size & Forecast 2020-2030, Thousand Units
• Tire Size 2- Market Size & Forecast 2020-2030, Thousand Units
• Tire Size 3- Market Size & Forecast 2020-2030, Thousand Units
• Tire Size 4- Market Size & Forecast 2020-2030, Thousand Units
• Tire Size 5- Market Size & Forecast 2020-2030, Thousand Units

Geographical Analysis

-By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia Pacific

Amongst all regions globally, Asia-Pacific is expected to dominate the Summer Tires Market with the largest share during 2025-30.

Key Reports Highlights:

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

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Key Advantages of the Report by MarkNtel Advisors:

• Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
• Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
• Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

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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 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.

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