Market Overview:
The global crossover tires market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for crossover vehicles across the globe. The global crossover tires market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into OEM tire and replacement tire. The OEM tire segment is expected to account for a major share of the global crossover tires market in 2018 owing to increase in sales of new vehicles equipped with these types of tires.
Product Definition:
Crossover tires are designed to provide good handling and a comfortable ride on both paved roads and unpaved, gravel roads. They have a tread pattern that is optimized for both types of surfaces. Crossover tires are important because they allow people to travel safely and comfortably on unpaved roads.
OEM Tire:
OEM tire is a type of tire that is manufactured to the exact specifications and requirements of the original equipment manufacturer. The term OEM can also be used for tires that are approved by the vehicle's certification agency such as Federal Motor Vehicle Safety Standards (FMSCS) or Society for Automotive Engineers (SAE). These tires are designed and developed to meet all safety requirements which include Original Equipment Manufacturer specifications, design criteria, performance standards and federal motor vehicle safety standards.
Replacement Tire:
The replacement tire is a spare tire that is used in case of any puncture, cut or blowout. It is generally mounted on the rear of the vehicle and used as an alternative to regular tires when it comes to changing a flat. The growing trend among consumers towards buying high-quality and cost-efficient tires has led manufacturers to introduce new technologies in this industry.
Application Insights:
The other application segment includes buses, light trucks and medium trucks. The demand for crossover tires in this application is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the growing number of commercial vehicles in developing countries such as China and India.
The Latin America market for crossover tires is expected to exhibit significant growth over the forecast period on account of increasing automotive production in Brazil, Argentina and Mexico which has resulted in an increased demand for replacement tires. In addition, favorable government policies regarding passenger cars are anticipated to augment industry expansion over the coming years.
In terms of revenue, North America market dominated with a share of 41% in 2017 owing to availability of various products through multiple manufacturers along with presence of key automotive manufacturing facilities such as General Tire & Rubber Company (GT&RCO), Michelin tire plant near Detroit Michigan UHP.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key tire manufacturing companies such as Bridgestone, Firestone, Sumitomo Rubber Industries, Nippon Tire & Industry Co., Ltd., and Kunitake Group in countries such as Japan, China and India are some of the factors contributing to regional growth. Asia Pacific has been witnessing strong economic growth on account of rapid industrialization along with flourishing automotive industry.
The growing demand for passenger cars along with an increasing number of vehicle sales is also propelling regional growth. Furthermore, rising disposable income coupled with a high population density within emerging economies including China and India is anticipated to boost product demand over the forecast period. Latin America region accounted for 10% share in global market revenue owing to increased production facilities by major players coupled with government support aimed at promoting automobile industry within developing nations like Brazil and Argentina etc.
Growth Factors:
- Increasing demand for crossover vehicles from the developing countries
- Rising disposable income of the consumers in the developing countries
- Technological advancements in the manufacturing of crossover tires
- Growing awareness about the benefits of using crossover tires
- Increasing number of tire dealerships and service centers
Scope Of The Report
Report Attributes
Report Details
Report Title
Crossover Tires Market Research Report
By Type
OEM Tire, Replacement Tire
By Application
SAV, CDV, VAN, Other
By Companies
Bridgestone, Michelin, Continental, ZC Rubber, Sumitomo Rubber, Pirelli, Toyo Tires, Goodyear Tire, Yokohama Rubber, Bridgestone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Crossover Tires Market Report Segments:
The global Crossover Tires market is segmented on the basis of:
Types
OEM Tire, Replacement Tire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SAV, CDV, VAN, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bridgestone
- Michelin
- Continental
- ZC Rubber
- Sumitomo Rubber
- Pirelli
- Toyo Tires
- Goodyear Tire
- Yokohama Rubber
- Bridgestone
Highlights of The Crossover Tires Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- OEM Tire
- Replacement Tire
- By Application:
- SAV
- CDV
- VAN
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crossover Tires Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crossover tires are a type of tire that is designed to provide both good handling and stability on the road. They are typically wider than regular tires, which gives them more space to grip the pavement. This makes them better suited for use on roads with lots of curves or rough patches.
Some of the key players operating in the crossover tires market are Bridgestone, Michelin, Continental, ZC Rubber, Sumitomo Rubber, Pirelli, Toyo Tires, Goodyear Tire, Yokohama Rubber, Bridgestone.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Crossover Tires Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Crossover Tires Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Crossover Tires Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Crossover Tires Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Crossover Tires Market Size & Forecast, 2018-2028
4.5.1 Crossover Tires Market Size and Y-o-Y Growth
4.5.2 Crossover Tires Market Absolute $ Opportunity
Chapter 5 Global Crossover Tires Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Crossover Tires Market Size Forecast by Type
5.2.1 OEM Tire
5.2.2 Replacement Tire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Crossover Tires Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Crossover Tires Market Size Forecast by Applications
6.2.1 SAV
6.2.2 CDV
6.2.3 VAN
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Crossover Tires Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Crossover Tires Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Crossover Tires Analysis and Forecast
9.1 Introduction
9.2 North America Crossover Tires Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Crossover Tires Market Size Forecast by Type
9.6.1 OEM Tire
9.6.2 Replacement Tire
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Crossover Tires Market Size Forecast by Applications
9.10.1 SAV
9.10.2 CDV
9.10.3 VAN
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Crossover Tires Analysis and Forecast
10.1 Introduction
10.2 Europe Crossover Tires Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Crossover Tires Market Size Forecast by Type
10.6.1 OEM Tire
10.6.2 Replacement Tire
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Crossover Tires Market Size Forecast by Applications
10.10.1 SAV
10.10.2 CDV
10.10.3 VAN
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Crossover Tires Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Crossover Tires Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Crossover Tires Market Size Forecast by Type
11.6.1 OEM Tire
11.6.2 Replacement Tire
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Crossover Tires Market Size Forecast by Applications
11.10.1 SAV
11.10.2 CDV
11.10.3 VAN
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Crossover Tires Analysis and Forecast
12.1 Introduction
12.2 Latin America Crossover Tires Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Crossover Tires Market Size Forecast by Type
12.6.1 OEM Tire
12.6.2 Replacement Tire
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Crossover Tires Market Size Forecast by Applications
12.10.1 SAV
12.10.2 CDV
12.10.3 VAN
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Crossover Tires Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Crossover Tires Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Crossover Tires Market Size Forecast by Type
13.6.1 OEM Tire
13.6.2 Replacement Tire
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Crossover Tires Market Size Forecast by Applications
13.10.1 SAV
13.10.2 CDV
13.10.3 VAN
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Crossover Tires Market: Competitive Dashboard
14.2 Global Crossover Tires Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bridgestone
14.3.2 Michelin
14.3.3 Continental
14.3.4 ZC Rubber
14.3.5 Sumitomo Rubber
14.3.6 Pirelli
14.3.7 Toyo Tires
14.3.8 Goodyear Tire
14.3.9 Yokohama Rubber
14.3.10 Bridgestone
