Germany Tires Market 2024-2030

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    GERMANY TIRES MARKET

     

    INTRODUCTION

    Tires are strong and flexible based rubber casings which are present and used within various industrial segments as required to have a sturdy support on vehicular movements.

     

    Tyres for most vehicles are pneumatic; air is held under pressure inside the tire. Until recently, pneumatic tires had an inner tube to hold the air pressure, but now pneumatic tires are designed to form a pressure seal with the rim of the wheel.

     

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    Tires can also be found on heavy duty trucks, buses, aircraft landing gear, tractors and other farm equipment, industrial vehicles such as forklifts, and common conveyances such as baby carriages, shopping carts, wheelchairs, bicycles, and motorcycles.

     

    Natural rubber is the main raw material used in manufacturing tires, although synthetic rubber is also used. In order to develop the proper characteristics of strength, resiliency, and wear-resistance, however, the rubber must be treated with a variety of chemicals and then heated.

     

    As part of a basic and maximized usage, the tires are manufactured by wrapping multiple layers of specially formulated rubber around a metal drum in a tire-forming machine.

     

    The different components of the tire are carried to the forming machine, where a skilled assembler cuts and positions the strips to form the different parts of the tire, called a “green tyre” at this point.

     

    When a green tyre is finished, the metal drum collapses, allowing the tire assembler to remove the tire. The green tire is then taken to a mould for curing.

     

    GERMANY TIRES MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Michelin to shut German car tire plant by early 2021 Group Michelin is expanding and contracting in Germany at the same time in response to market changes in Europe that favor larger rim-diameter tires. In the span of just a few days, the French tire maker disclosed it had converted production capacity at its plant in Bad Kreuznach to larger rim-size tires and announced plans to shut a plant in Hallstadt, which focuses on the production of smaller rim-size passenger tires, by early 2021 Germany This would enhance better Emission Controls

     

     

    GERMANY TIRES MARKET DYNAMICS

    Tire purchasing  and  disposal  impose  considerable  cost  and  waste  burdens  on  private  vehicle owners and fleet managers. The tire maintenance management practices and tire-related vehicle technologies that have the potential to relieve some of the vehicular burdens.

     

    Alongside these, the behaviour, attitudes, and practices of fleet personnel and individual drivers relate to tire  attributes and technologies.

     

    Because of the growing size of the car fleet and increased expenditure in R&D operations. Germany is also regarded as the world’s automobile industry’s epicentre, with the greatest number of passenger vehicles made and sold each year.

     

    Furthermore, the great buying power of the German people has a favourable impact on the German tyre market.

     

    This has resulted in an increase in the sale of passenger vehicles, which has resulted in a rise in the demand for passenger car tyres.

     

    Furthermore, the rising desire for energy-efficient cars, as well as government programmes aimed at promoting a green and clean environment, are all contributing to an increase in tyre demand across Germany.

     

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    Apart from meeting massive local demand, Germany also meets the needs of numerous foreign car markets throughout the world. Three-fourths of automobiles manufactured in Germany are exported to the rest of the globe, bolstering the country’s OEM tyre industry.

     

    Small and medium vehicle tyres dominate the passenger car sector, and it is expected to be the largest stakeholder in the German tyre market over the projected period.

     

    Furthermore, a few tyre firms are increasingly focused on developing more eco-friendly tyres, commonly referred to as “Green Tires,” and the adoption of these tyres is projected to rise over the next five years.

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GERMANY TIRES MARKET

    The digital era, also known as the 4.0 industry, is present in all sectors of the economy, making significant contributions to its growth. The automotive industry is undergoing transformation, which is affecting all of its sub-industries, including the automotive tyre sector.

     

    We are witnessing a process in which major corporations no longer offer a simple vehicle or tyres, but instead use new technology and digitalization to sell sophisticated services customised to clients’ requirements.

     

    Connectivity, mobility, and autonomy have emerged as key pillars in the development of such solutions integrated into the present market.

     

    One of the most comprehensive technological innovations of the modern tire era is run-flat tire technology. Run-flat technology allows drivers who sustain air loss due to a puncture or cut in their tire to drive approximately 50 miles at 50 m.p.h. so they can reach a safe location to change the tire.

     

    There has been developments done to decrease the operational sound produced during the running of tyres wherein the attempts to reduce the sound perception within the vehicle has been focused.

     

    There has been a ponderable amount of around 10 dBA reduction in the sound perception within the vehicle. Vehicle technology is changing very rapidly and so is tyre technology.

     

    New kinds of vehicles create new challengers for tyre makers, while new material research and tyre designs are creating greener more sustainable products. The introduction of the latest EV and Hybrid based vehicles as propulsion units have been the major focus.

     

    The tread on current generations of winter tyres is designed to give greater grip on wet, slushy, snowy, icy, and dry cold surfaces, and the rubber compound is more flexible and less prone to stiffening in freezing temperatures.

     

    A three-peaked mountain snowflake emblem distinguishes tyres suited for usage in extreme snow conditions. This tyre manufacturer-created mark is a performance-based standard that signifies the winter tyre achieves a snow traction index of 110 percent when tested using the ASTM F-1805 snow traction test, when compared to a known control tyre.

     

    COMPETITIVE LANDSCAPE

    The Tyre Manufacturers face a global levels of competition within the European union and have a considerable advantages as well in terms of the internal regulations and presence of high alignment towards research and development of new prospects of technology within the European union nations.

     

    Dunlop Germany is one of the leading manufacturer of tires in the country with most of its focus on integrating high end winter suited tires for Automobiles and Two wheelers.

     

    The Winter Tire systems has been integrated with specific bead seat system, which improves the connection between the tyre and the rim for a more accurate driving experience.

     

    The Specific Bead Seat System, like the grip between your hand and the steering wheel, improves control and provides excellent road input. Benefits: Improved road feedback; improved stability and accuracy.

     

    A motorsport derived tread compound that delivers high levels of grip, particularly on wet roads and in low temperatures. Benefits Superb braking and acceleration performance; high grip in wet and cold-weather conditions; low wear and tear.

     

    Cooper Tires are part of a major development and technologically advanced production spree which are designed to comply with all environmental conditions. The Discoverer Series of SUV  Tyres are majorly focused upon provisioning better mobility and contracted design at all times.

     

    The Discoverer® AT3 4S ™ with Adaptive-Traction-Technology ™ helps the vehicle to control the surface, regardless of whether it is rocky or smooth, and that even in the most difficult weather, regardless of whether it is hot or cold, wet, or dry.

     

    It has been specially developed with a 5-rib all-terrain pattern that offers greater cross-country mobility and improved wet / dry traction. Under this series it has made sure of integrating the patented technology of snow grooving technology. The patented sawtooth technology locks the snow in the tread and thus ensures traction on snow.

     

    COMPANIES PROFILED

    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, 2024
    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, 2024
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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