MarkNtel Advisors, a leading market research company, has recently released its latest Japan Tire Market Report By Type of Tire (Radial, Bias), By Demand Type (OEM, Replacement), By Season (All-Season, Summer) and others forecast [2024-30]. This comprehensive examination analyzes the Japan Tire market size, share, growth, and revenue of the market by 2030. Our research provides valuable insights for individuals making data-driven decisions, including business owners and analysts. Whether your objective is to explore new markets, launch a new product, or maintain a competitive edge, our research report on the market offers well-researched facts and figures related to market size, share, growth, and revenue in the industry.
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.
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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.
The report looks closely at big companies in the market, studying how they plan to be in the market over the coming years. The information we gathered can even help new companies in the long run. With useful facts and advice, our report gives a clear picture of the market, helping investors and others make strong decisions in the Japan Tire market. The report points out important companies, including:
> Bridgestone Corporation
> Sumitomo Rubber Industries Limited
> Yokohama Rubber Company Limited
> Toyo Tires & Rubber Company Limited
> Kumho Tire Japan Inc
> Japan Michelin tire Co Ltd
> Japan Goodyear Inc
> Japan Pirelli Inc
> Hankook Tire Japan
accompanied by their respective net worth and valuation in USD.
Link to See Our Full Insight of Study [Include Description + TOC], – https://www.marknteladvisors.com/research-library/japan-tire-market.html
The segmented of Japan Tire Market is as follows:
By Vehicle Type
> Passenger Cars
> Light Commercial Vehicles (LCV)
> Medium & High Commercial Vehicles
> Two Wheelers
> Off the Road (OTR)
By Demand Type
> OEM
> Replacement
By Type of Tire
> Radial
> Bias
By Season
> All Season
> Summer
By Sales Channel
> Online
> Dealers/ Exclusive Outlets
> Others
By Rim Size
> Upto 12
> 12.1” to 15”
> 15.1.” to 19”
> 19.1” 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
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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.