Commercial Vehicle Tire Market in Europe 2024-2030

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    COMMERCIAL VEHICLE TIRE MARKET IN EUROPE

     

    INTRODUCTION

    Tires are an essential element of every vehicle and more so in case of commercial vehicles as they are subject to more usage than passenger vehicles and their reliability can make a world fo difference to a fleet operators’ earnings

     

    COMMERCIAL VEHICLE TIRE MARKET DYNAMICS IN EUROPE

    Continental and VDL Bus and Coach have pooled their aptitude and together created starting model tires.

     

    These tires are at present being tried at Continental’s Conti dorm demonstrating grounds. VDL Bus and Coach dispatched its first electric Cites metropolitan transport in 2013.

     

    COMMERCIAL VEHICLE TIRE MARKET IN EUROPE IMPACT OF GROWING EV EDOPTION

    as with every electric vehicle, these transport tires are presented to higher force when moving off and quickening. In midtown traffic specifically, vehicles need to run discreetly, with the goal that the solace offered by calm electric drive isn’t reduced by noisy street tire clamor..

     

    Also, the deceleration of electric transports in metropolitan rush hour gridlock is a critical factor in the energy recuperation or ‘recovery’ measure, Continental says. Here, the electric engine goes about as a generator and, driven by the deceleration of the transport, produces energy to charge the battery. This prompts a checked expansion in the vehicle’s reach. Contrasted with ordinary brake the executives frameworks, this cycle of recovery puts included strain the drive hub tires.

     

    Thusly, tires for electric transports need to adapt to harder prerequisites than their partners for transports with burning motors, Continental says.

     

    Simultaneously, they need to convey a similar mileage and satisfy similar wellbeing guidelines as transport tires for traditional drive frameworks.

     

    At this moment, the tires on the VDL vehicles at the Conti dorm are as yet running on tires worked by the prototyping division in Hanover-Stocken with hand-cut track designs, Continental says, adding that generally speaking, the tire advancement cycle from beginning model to volume creation takes three to five years.

     

    COMMERCIAL VEHICLE TIRE MARKET IN EUROPE MARKET SIZE AND FORECAST

    Commercial vehicle tire market in Europe is estimated at $XX Billion in 2023 growing at –% CAGR till 2030.

     

    COMMERCIAL VEHICLE TIRE MARKET IN EUROPE COMPETITIVE LANDSCAPE

    Michelin has reported an augmentation of its X Multi truck tire range. Two new multi-position and drive tires have been added that, under Michelin test conditions, given expanded mileage capability of up to 15% and 10% separately.

     

    Two new high burden limit tires have likewise been added, which in tests have given mileage increments of up to 30% when contrasted with the active compound.

     

    315/80 R22.5 X Multi Z (multi-position) and D (drive) tires have been added to the reach because of “significant market interest”. X Multi Z includes Michelin’s new Recension self-recovering track, which “conveys grasp in all conditions all through its working life”.  They additionally incorporate Infini Coil, which is a steel wire folded over the tire to improve eco-friendliness and mileage potential. Forchion is an extra Michelin innovation remembered for the compound, which improves protection from scraped spots, cuts, piecing and chipping.

     

    The heap bearing trailer tire, HLT, has been dispatched to counter the difficulties presented by, “tri-pivot trailers in explicit applications progressively clearing a path for couples.” Capable of conveying an extra ton for each hub, HLT fuses Recension and Cambion innovations to upgrade toughness and offer up to 25% more prominent future.

     

    The new tires, which have accomplished 3 Peak Mountain Snowflake accreditation, proceed with Michelin’s ‘Beginning and end Sustainable’ promise. This implies they can be regrooved and retreaded to boost life span contingent on application.

    In preliminaries with Volvo Trucks on UK test courses, the new Michelin X Line Energy range has established new effectiveness precedents.

     

    The most recent test, finished for the current month, restored a normal of 10.31mpg more than 471 miles. 355/50 R22.5 X Line Energy Z (steer) and 295/60 R22.5 X Line Energy D (drive) tires were fitted to a Globetrotter sleeper taxi prepared 4×2 Volvo FM 420 and tri-hub trailer at 40-tons. The past Commercial Motor 40-ton record of 8.6mpg was set in 2008.

     

    The Goodyear Tire and Rubber Company and Safe AI have entered an essential relationship to join tire knowledge into the programming of autonomous heavy equipment vehicles.

     

    Through a reconciliation with the Safe AI self-sufficient biological system, the organizations state they will trade site information to ensure tire wellbeing, eliminate downtime and add to a more astute, more secure norm for the construction industry. Tire knowledge from Goodyear’s TPMS Heavy Duty edge mounted sensors will be conveyed at a functioning building site in Cupertino, Calif.

     

    With this coordinated effort, Goodyear says it will furnish a Caterpillar 725, retrofitted with Safe AI’s independent programming, to catch weight and temperature information and screen generally tire wellbeing. These sensors can recognize and impart unfavorable conditions before they cause upkeep issues and wreck a venture.

     

    COMMERCIAL VEHICLE TIRE MARKET IN EUROPE COMPANIES PROFILED

     

    THIS COMMERCIAL VEHICLE TIRE MARKET IN EUROPE REPORT WILL ANSWER FOLLOWING QUESTIONS

    • Market Size and Forecast, by geography($M)
    • Opportunities and risks in Commercial Vehicle Tire Market in Europe
    • Important technology trends and regulatory changes
    • 5 key predictions for next 5 years in Commercial Vehicle Tire Market in Europe
    • Competitive landscape and market share of leading vendors
    • OE- Supplier alignment in Commercial Vehicle Tire Market in Europe
    • New product development in Commercial Vehicle Tire Market in Europe
    • COVID impact on Commercial Vehicle Tire Market in Europe and suppliers` earnings

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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