Tire Market in the U.S. - Facts & Statistics

The most commonly used tires around the world today can be categorized under the pneumatic segment: They contain or operate by air or gas under pressure. Their primary purposes are to provide traction between vehicles or bicycles with the road as well as shock absorption for impact. Virtually all wheeled land vehicles in operation, whether off-road or on-road, use tires, which makes the industry an important one in the manufacturing process. With around 12 million passenger and commercial vehicles being produced in the United States, the U.S. market calls for a large number of tire manufacturers.

In light of globalization, tire manufacturers need not necessarily be located in the United States, though. Goodyear Tire and Rubber Co. and Cooper Tire and Rubber Co. are among the key tire makers with headquarters in the United States. Asia-headquartered Bridgestone is the leading manufacturer of tires in the world, and the world's second largest tire manufacture, Michelin, is based in Europe.

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New vehicle registrations in the U.S.

17.4m

Bridgestone's sales in the Americas

1.3tr JPY
Overview of the Industry
New vehicle registrations in the U.S. 17.4m U.S. domestic auto production 3m units U.S. auto sales 6.1m units Tire manufacturing gross output in the U.S. 18.9bn USD Largest country for U.S. passenger car tire imports China Auto dealerships share of the U.S. consumer tire retail market 8.5% Most popular season for tire sales in the U.S. 30% The world's largest tire manufacturer Bridgestone
Tire Manufacturers at a Glance
Bridgestone's sales in the Americas 1.3tr JPY Bridgestone's R&D expenditures 99.8bn JPY Michelin's employees in the NAFTA region 22k Michelin's worldwide net sales 22bn EUR Goodyear's global net sales 15.4bn USD NAFTA's share of Continental AG's employees 19% Continental AG's sales in the NAFTA region 10.8bn EUR

Tire market in the U.S. - Important statistics

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Tire market in the U.S.
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The whole topic in one document

Tire market in the U.S.
  • Edited and prepared
  • Download in PPT/PDF format
  • Instant access
  • From $365
View dossier
Overview of the Industry
New vehicle registrations in the U.S. 17.4m U.S. domestic auto production 3m units U.S. auto sales 6.1m units Tire manufacturing gross output in the U.S. 18.9bn USD Largest country for U.S. passenger car tire imports China Auto dealerships share of the U.S. consumer tire retail market 8.5% Most popular season for tire sales in the U.S. 30% The world's largest tire manufacturer Bridgestone
Tire Manufacturers at a Glance
Bridgestone's sales in the Americas 1.3tr JPY Bridgestone's R&D expenditures 99.8bn JPY Michelin's employees in the NAFTA region 22k Michelin's worldwide net sales 22bn EUR Goodyear's global net sales 15.4bn USD NAFTA's share of Continental AG's employees 19% Continental AG's sales in the NAFTA region 10.8bn EUR

Recommended statistics

Continental AG's revenue 1999-2017
Continental AG's number of employees 1999-2017
Michelin - worldwide net sales 2008-2017
Bridgestone - net sales by region 2008-2012
Goodyear tires - gross profit 2011-2017 (in million U.S. dollars)
Continental AG - total assets 2004-2017

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