Israel Tire Market Size Study, by Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicles (M&HCV), Off-the-Road Vehicles (OTR), Two-Wheeler), by Tire Construction Type (Radial, Bias), by Demand Category (OEM, Replacement) and Forecasts 2022-2032

August 2024 | 200 pages | ID: I2DAFFD93B6EEN
Bizwit Research & Consulting LLP

Abstracts

Israel Tire Market, valued at approximately USD 373.73 million in 2023, is anticipated to exhibit a robust growth trajectory with a compound annual growth rate (CAGR) of 6.78% over the forecast period 2024-2032. Tire provides traction between the vehicle and road, ensuring stability, steering, and braking performance. Tires are designed with various tread patterns to suit different driving conditions, such as wet, dry, or off-road surfaces. They are composed of multiple layers, including rubber, fabric, and steel belts, to enhance durability and performance. Proper tire maintenance is crucial for safety, fuel efficiency, and overall vehicle performance.

The Israel Tire Market is driven by the increasing sales of automobiles and the expansion of vehicle fleets within the region. As a result, there is a substantial uptick in the demand for both replacement tires and original equipment manufacturer (OEM) tires. Moreover, transport and logistics sector in Israel plays a pivotal role in this market expansion. The surge in freight transportation necessitates the use of heavy-duty tires capable of enduring rigorous transport conditions, thereby creating lucrative opportunities for manufacturers specializing in these tires. Additionally, the market has witnessed a growing preference for high-end performance tires, particularly due to the rising demand for luxury and sports cars. Consumers in this segment seek tires that not only deliver superior performance but also enhance vehicle handling capabilities. Furthermore, the Israel Tire Market's poised for steady growth, driven by continuous adaptation and innovation to meet evolving consumer needs and regulatory standards. As the automotive industry progresses and tire demand escalates, the Israel Tire Market is strategically positioned to leverage these opportunities and enhance its growth trajectory further. However, the market faces several challenges. Adhering to stringent environmental regulations is one such obstacle, compelling tire manufacturers to innovate and produce more sustainable and eco-friendly products. Moreover, the competition from retreaded tires, which offer a cost-effective alternative to new tires, presents another significant challenge.

Major market players included in this report are:

Bridgestone Corporation

Continental AG

Goodyear Tire & Rubber Company

Sumitomo Rubber Industries Ltd

Michelin Group

Pirelli & C. S.p.A.

Yokohama Rubber Company Limited

Kumho Tire Co. Inc.

Kislev Transportation Ltd

Amity Tires Ltd

The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:

• Passenger Car
• Light Commercial Vehicle (LCV)
• Medium & Heavy Commercial Vehicles (M&HCV)
• Off-the-Road Vehicles (OTR)
• Two-Wheeler

By Tire Construction Type:

• Radial
• Bias

By Demand Category:

• OEM
• Replacement

Years considered for the study are as follows:

• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market

Contents

CHAPTER 1. ISRAEL TIRE MARKET EXECUTIVE SUMMARY

1.1. Israel Tire Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Vehicle Type
  1.3.2. By Tire Construction Type
  1.3.3. By Demand Category
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. ISRAEL TIRE MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. ISRAEL TIRE MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Surge in Automotive Sales
  3.1.2. Increase in Vehicle Fleets
3.2. Market Challenges
  3.2.1. Environmental Regulations
  3.2.2. Competition from Retreaded Tires
3.3. Market Opportunities
  3.3.1. High-End Performance Tires
  3.3.2. Heavy-Duty Tires for Freight Transport

CHAPTER 4. ISRAEL TIRE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ISRAEL TIRE MARKET SIZE & FORECASTS BY VEHICLE TYPE 2022-2032

5.1. Segment Dashboard
5.2. Israel Tire Market: Vehicle Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
  5.2.1. Passenger Car
  5.2.2. Light Commercial Vehicle (LCV)
  5.2.3. Medium & Heavy Commercial Vehicles (M&HCV)
  5.2.4. Off-the-Road Vehicles (OTR)
  5.2.5. Two-Wheeler

CHAPTER 6. ISRAEL TIRE MARKET SIZE & FORECASTS BY TIRE CONSTRUCTION TYPE 2022-2032

6.1. Segment Dashboard
6.2. Israel Tire Market: Tire Construction Type Revenue Trend Analysis, 2022 & 2032 (USD Million)
  6.2.1. Radial
  6.2.2. Bias

CHAPTER 7. ISRAEL TIRE MARKET SIZE & FORECASTS BY DEMAND CATEGORY 2022-2032

7.1. Segment Dashboard
7.2. Israel Tire Market: Demand Category Revenue Trend Analysis, 2022 & 2032 (USD Million)
  7.2.1. OEM
  7.2.2. Replacement

CHAPTER 8. COMPETITIVE INTELLIGENCE

8.1. Key Company SWOT Analysis
  8.1.1. Company
  8.1.2. Company
  8.1.3. Company
8.2. Top Market Strategies
8.3. Company Profiles
  8.3.1. Bridgestone Corporation
    8.3.1.1. Key Information
    8.3.1.2. Overview
    8.3.1.3. Financial (Subject to Data Availability)
    8.3.1.4. Product Summary
    8.3.1.5. Market Strategies
  8.3.2. Continental AG
  8.3.3. Goodyear Tire & Rubber Company
  8.3.4. Sumitomo Rubber Industries Ltd
  8.3.5. Michelin Group
  8.3.6. Pirelli & C. S.p.A.
  8.3.7. Yokohama Rubber Company Limited
  8.3.8. Kumho Tire Co. Inc.
  8.3.9. Kislev Transportation Ltd
  8.3.10. Amity Tires Ltd

CHAPTER 9. RESEARCH PROCESS

9.1. Research Process
  9.1.1. Data Mining
  9.1.2. Analysis
  9.1.3. Market Estimation
  9.1.4. Validation
  9.1.5. Publishing
9.2. Research Attributes

List Of Tables

LIST OF TABLES

TABLE 1. Israel Tire Market, report scope
TABLE 2. Israel Tire Market estimates & forecasts by Region 2022-2032 (USD Million)
TABLE 3. Israel Tire Market estimates & forecasts by Vehicle Type 2022-2032 (USD Million)
TABLE 4. Israel Tire Market estimates & forecasts by Tire Construction Type 2022-2032 (USD Million)
TABLE 5. Israel Tire Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Israel Tire Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Israel Tire Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Israel Tire Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Israel Tire Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Israel Tire Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Israel Tire Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Israel Tire Market by region, estimates & forecasts, 2022-2032 (USD Million)
……
This list is not complete, the final report does contain more than 100 tables. The list may be updated in the final deliverable

List Of Figures

LIST OF FIGURES

FIG 1. Israel Tire Market, research methodology
FIG 2. Israel Tire Market, market estimation techniques
FIG 3. Israel market size estimates & forecast methods.
FIG 4. Israel Tire Market, key trends 2023
FIG 5. Israel Tire Market, growth prospects 2022-2032
FIG 6. Israel Tire Market, porters 5 force model
FIG 7. Israel Tire Market, PESTEL analysis
FIG 8. Israel Tire Market, value chain analysis
FIG 9. Israel Tire Market by segment, 2022 & 2032 (USD Million)
FIG 10. Israel Tire Market by segment, 2022 & 2032 (USD Million)
FIG 11. Israel Tire Market by segment, 2022 & 2032 (USD Million)
FIG 12. Israel Tire Market by segment, 2022 & 2032 (USD Million)
FIG 13. Israel Tire Market by segment, 2022 & 2032 (USD Million)
FIG 20. Israel Tire Market, company market share analysis (2023)
……..
This list is not complete, the final report does contain more than 50 figures. The list may be updated in the final deliverable