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Light Truck Tire(LT)-Global Market Insights and Sales Trends 2025

Light Truck Tire(LT)-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1842345

No of Pages : 112

Synopsis
The global Light Truck Tire(LT) market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Light Truck Tire(LT) in various end use industries. The expanding demands from the Truck Tire and Bus Tire, are propelling Light Truck Tire(LT) market. Bias Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Radial Tire segment is estimated at % CAGR for the next seven-year period.
According to our “Construction Machinery” research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China's construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our “Construction Machinery” research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Light Truck Tire(LT), with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Light Truck Tire(LT) market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Light Truck Tire(LT) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Light Truck Tire(LT) sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Light Truck Tire(LT) covered in this report include Bridgestone, Michelin, Goodyear, Continental, Pirelli, Hankook, Sumitomo, Yokohama and Maxxis, etc.
The global Light Truck Tire(LT) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgestone
Michelin
Goodyear
Continental
Pirelli
Hankook
Sumitomo
Yokohama
Maxxis
Zhongce
GITI Tire
Cooper Tire
Kumho Tire
Toyo Tire
Apollo Tyres
Triangle Group
Nexen Tire
Hengfeng Rubber
Nokian Tyres
Global Light Truck Tire(LT) market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Light Truck Tire(LT) market, Segment by Type:
Bias Tire
Radial Tire
Global Light Truck Tire(LT) market, by Application
Truck Tire
Bus Tire
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Light Truck Tire(LT) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Light Truck Tire(LT) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Light Truck Tire(LT) Market Overview
1.1 Light Truck Tire(LT) Product Overview
1.2 Light Truck Tire(LT) Market Segment by Type
1.2.1 Bias Tire
1.2.2 Radial Tire
1.3 Global Light Truck Tire(LT) Market Size by Type
1.3.1 Global Light Truck Tire(LT) Market Size Overview by Type (2018-2029)
1.3.2 Global Light Truck Tire(LT) Historic Market Size Review by Type (2018-2023)
1.3.3 Global Light Truck Tire(LT) Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Light Truck Tire(LT) Sales Breakdown by Type (2018-2023)
1.4.2 Europe Light Truck Tire(LT) Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Light Truck Tire(LT) Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Light Truck Tire(LT) Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Light Truck Tire(LT) Sales Breakdown by Type (2018-2023)
2 Global Light Truck Tire(LT) Market Competition by Company
2.1 Global Top Players by Light Truck Tire(LT) Sales (2018-2023)
2.2 Global Top Players by Light Truck Tire(LT) Revenue (2018-2023)
2.3 Global Top Players by Light Truck Tire(LT) Price (2018-2023)
2.4 Global Top Manufacturers Light Truck Tire(LT) Manufacturing Base Distribution, Sales Area, Product Type
2.5 Light Truck Tire(LT) Market Competitive Situation and Trends
2.5.1 Light Truck Tire(LT) Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Light Truck Tire(LT) Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Light Truck Tire(LT) as of 2022)
2.7 Date of Key Manufacturers Enter into Light Truck Tire(LT) Market
2.8 Key Manufacturers Light Truck Tire(LT) Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Light Truck Tire(LT) Status and Outlook by Region
3.1 Global Light Truck Tire(LT) Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Light Truck Tire(LT) Historic Market Size by Region
3.2.1 Global Light Truck Tire(LT) Sales in Volume by Region (2018-2023)
3.2.2 Global Light Truck Tire(LT) Sales in Value by Region (2018-2023)
3.2.3 Global Light Truck Tire(LT) Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Light Truck Tire(LT) Forecasted Market Size by Region
3.3.1 Global Light Truck Tire(LT) Sales in Volume by Region (2024-2029)
3.3.2 Global Light Truck Tire(LT) Sales in Value by Region (2024-2029)
3.3.3 Global Light Truck Tire(LT) Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Light Truck Tire(LT) by Application
4.1 Light Truck Tire(LT) Market Segment by Application
4.1.1 Truck Tire
4.1.2 Bus Tire
4.2 Global Light Truck Tire(LT) Market Size by Application
4.2.1 Global Light Truck Tire(LT) Market Size Overview by Application (2018-2029)
4.2.2 Global Light Truck Tire(LT) Historic Market Size Review by Application (2018-2023)
4.2.3 Global Light Truck Tire(LT) Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Light Truck Tire(LT) Sales Breakdown by Application (2018-2023)
4.3.2 Europe Light Truck Tire(LT) Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Light Truck Tire(LT) Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Light Truck Tire(LT) Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Light Truck Tire(LT) Sales Breakdown by Application (2018-2023)
5 North America Light Truck Tire(LT) by Country
5.1 North America Light Truck Tire(LT) Historic Market Size by Country
5.1.1 North America Light Truck Tire(LT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Light Truck Tire(LT) Sales in Volume by Country (2018-2023)
5.1.3 North America Light Truck Tire(LT) Sales in Value by Country (2018-2023)
5.2 North America Light Truck Tire(LT) Forecasted Market Size by Country
5.2.1 North America Light Truck Tire(LT) Sales in Volume by Country (2024-2029)
5.2.2 North America Light Truck Tire(LT) Sales in Value by Country (2024-2029)
6 Europe Light Truck Tire(LT) by Country
6.1 Europe Light Truck Tire(LT) Historic Market Size by Country
6.1.1 Europe Light Truck Tire(LT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Light Truck Tire(LT) Sales in Volume by Country (2018-2023)
6.1.3 Europe Light Truck Tire(LT) Sales in Value by Country (2018-2023)
6.2 Europe Light Truck Tire(LT) Forecasted Market Size by Country
6.2.1 Europe Light Truck Tire(LT) Sales in Volume by Country (2024-2029)
6.2.2 Europe Light Truck Tire(LT) Sales in Value by Country (2024-2029)
7 Asia-Pacific Light Truck Tire(LT) by Region
7.1 Asia-Pacific Light Truck Tire(LT) Historic Market Size by Region
7.1.1 Asia-Pacific Light Truck Tire(LT) Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Light Truck Tire(LT) Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Light Truck Tire(LT) Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Light Truck Tire(LT) Forecasted Market Size by Region
7.2.1 Asia-Pacific Light Truck Tire(LT) Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Light Truck Tire(LT) Sales in Value by Region (2024-2029)
8 Latin America Light Truck Tire(LT) by Country
8.1 Latin America Light Truck Tire(LT) Historic Market Size by Country
8.1.1 Latin America Light Truck Tire(LT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Light Truck Tire(LT) Sales in Volume by Country (2018-2023)
8.1.3 Latin America Light Truck Tire(LT) Sales in Value by Country (2018-2023)
8.2 Latin America Light Truck Tire(LT) Forecasted Market Size by Country
8.2.1 Latin America Light Truck Tire(LT) Sales in Volume by Country (2024-2029)
8.2.2 Latin America Light Truck Tire(LT) Sales in Value by Country (2024-2029)
9 Middle East and Africa Light Truck Tire(LT) by Country
9.1 Middle East and Africa Light Truck Tire(LT) Historic Market Size by Country
9.1.1 Middle East and Africa Light Truck Tire(LT) Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Light Truck Tire(LT) Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Light Truck Tire(LT) Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Light Truck Tire(LT) Forecasted Market Size by Country
9.2.1 Middle East and Africa Light Truck Tire(LT) Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Light Truck Tire(LT) Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bridgestone
10.1.1 Bridgestone Company Information
10.1.2 Bridgestone Introduction and Business Overview
10.1.3 Bridgestone Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bridgestone Light Truck Tire(LT) Products Offered
10.1.5 Bridgestone Recent Development
10.2 Michelin
10.2.1 Michelin Company Information
10.2.2 Michelin Introduction and Business Overview
10.2.3 Michelin Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Michelin Light Truck Tire(LT) Products Offered
10.2.5 Michelin Recent Development
10.3 Goodyear
10.3.1 Goodyear Company Information
10.3.2 Goodyear Introduction and Business Overview
10.3.3 Goodyear Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Goodyear Light Truck Tire(LT) Products Offered
10.3.5 Goodyear Recent Development
10.4 Continental
10.4.1 Continental Company Information
10.4.2 Continental Introduction and Business Overview
10.4.3 Continental Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Continental Light Truck Tire(LT) Products Offered
10.4.5 Continental Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Light Truck Tire(LT) Products Offered
10.5.5 Pirelli Recent Development
10.6 Hankook
10.6.1 Hankook Company Information
10.6.2 Hankook Introduction and Business Overview
10.6.3 Hankook Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hankook Light Truck Tire(LT) Products Offered
10.6.5 Hankook Recent Development
10.7 Sumitomo
10.7.1 Sumitomo Company Information
10.7.2 Sumitomo Introduction and Business Overview
10.7.3 Sumitomo Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Sumitomo Light Truck Tire(LT) Products Offered
10.7.5 Sumitomo Recent Development
10.8 Yokohama
10.8.1 Yokohama Company Information
10.8.2 Yokohama Introduction and Business Overview
10.8.3 Yokohama Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Yokohama Light Truck Tire(LT) Products Offered
10.8.5 Yokohama Recent Development
10.9 Maxxis
10.9.1 Maxxis Company Information
10.9.2 Maxxis Introduction and Business Overview
10.9.3 Maxxis Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Maxxis Light Truck Tire(LT) Products Offered
10.9.5 Maxxis Recent Development
10.10 Zhongce
10.10.1 Zhongce Company Information
10.10.2 Zhongce Introduction and Business Overview
10.10.3 Zhongce Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zhongce Light Truck Tire(LT) Products Offered
10.10.5 Zhongce Recent Development
10.11 GITI Tire
10.11.1 GITI Tire Company Information
10.11.2 GITI Tire Introduction and Business Overview
10.11.3 GITI Tire Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.11.4 GITI Tire Light Truck Tire(LT) Products Offered
10.11.5 GITI Tire Recent Development
10.12 Cooper Tire
10.12.1 Cooper Tire Company Information
10.12.2 Cooper Tire Introduction and Business Overview
10.12.3 Cooper Tire Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Cooper Tire Light Truck Tire(LT) Products Offered
10.12.5 Cooper Tire Recent Development
10.13 Kumho Tire
10.13.1 Kumho Tire Company Information
10.13.2 Kumho Tire Introduction and Business Overview
10.13.3 Kumho Tire Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Kumho Tire Light Truck Tire(LT) Products Offered
10.13.5 Kumho Tire Recent Development
10.14 Toyo Tire
10.14.1 Toyo Tire Company Information
10.14.2 Toyo Tire Introduction and Business Overview
10.14.3 Toyo Tire Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Toyo Tire Light Truck Tire(LT) Products Offered
10.14.5 Toyo Tire Recent Development
10.15 Apollo Tyres
10.15.1 Apollo Tyres Company Information
10.15.2 Apollo Tyres Introduction and Business Overview
10.15.3 Apollo Tyres Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Apollo Tyres Light Truck Tire(LT) Products Offered
10.15.5 Apollo Tyres Recent Development
10.16 Triangle Group
10.16.1 Triangle Group Company Information
10.16.2 Triangle Group Introduction and Business Overview
10.16.3 Triangle Group Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Triangle Group Light Truck Tire(LT) Products Offered
10.16.5 Triangle Group Recent Development
10.17 Nexen Tire
10.17.1 Nexen Tire Company Information
10.17.2 Nexen Tire Introduction and Business Overview
10.17.3 Nexen Tire Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Nexen Tire Light Truck Tire(LT) Products Offered
10.17.5 Nexen Tire Recent Development
10.18 Hengfeng Rubber
10.18.1 Hengfeng Rubber Company Information
10.18.2 Hengfeng Rubber Introduction and Business Overview
10.18.3 Hengfeng Rubber Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Hengfeng Rubber Light Truck Tire(LT) Products Offered
10.18.5 Hengfeng Rubber Recent Development
10.19 Nokian Tyres
10.19.1 Nokian Tyres Company Information
10.19.2 Nokian Tyres Introduction and Business Overview
10.19.3 Nokian Tyres Light Truck Tire(LT) Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Nokian Tyres Light Truck Tire(LT) Products Offered
10.19.5 Nokian Tyres Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Light Truck Tire(LT) Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Light Truck Tire(LT) Industrial Chain Analysis
11.4 Light Truck Tire(LT) Market Dynamics
11.4.1 Light Truck Tire(LT) Industry Trends
11.4.2 Light Truck Tire(LT) Market Drivers
11.4.3 Light Truck Tire(LT) Market Challenges
11.4.4 Light Truck Tire(LT) Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Light Truck Tire(LT) Distributors
12.3 Light Truck Tire(LT) Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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