Germany’s tire market is projected to witness a modest growth at a CAGR of 2.2% during the forecast period. The country is one of the largest manufactured of the vehicle all across the globe. As per the OICA, the country produced 4.6 million vehicles in 2019. As per the European Tyre & Rubber Manufacturers Association, the country has the largest tire sales in consumer tires, and motorcycles in 2019. Moreover, it was the second largest in agricultural and motorcycle in Europe.
Germany tire market is segmented on the basis of vehicle type, road application, construction, tire type, and sales channel. By vehicle type, the market is further segmented into passenger cars, light & medium commercial vehicles, heavy commercial vehicles, two-wheeler, and other. Passenger cars will maintain the largest market share during the forecast period.
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Germany Tire Market Segmentation
By Vehicle Type
- Passenger Cars
- Light &Medium Commercial Vehicle
- Heavy Commercial Vehicle
- Two-Wheeler
- Other (Construction, Agricultural, Customized Sports)
By Road Application
- All-Season Tire
- Summer Tire
- Winter Tire
- Other (All-Terrain Tire)
By Construction
- Radial Tire
- Bias PlyTire
By Tire Type
- Tubeless Tire
- Tubbed Tire
By Sales Channel
- OEM (Original Equipment Manufacturer)
- Aftermarket (Replacement)
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Company Profiles
- Aeolus Tyre Co. Ltd.
- Apollo Tires Ltd.
- Bridgestone Corp.
- Cheng Shin Rubber Ind. Co. Ltd.
- Continental AG
- Cooper Tire & Rubber Co.
- Goodyear Tire and Rubber Co.
- Hankook Tire Co. Ltd.
- Kenda Rubber Industrial Co., Ltd.
- Kumho Tire Co. Inc.
- Michelin Group
- Pirelli & C. S.p.A.
- Toyo Tire Corp.
- Trelleborg AB
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