Product Code: ETC13246933 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Automotive OE Tyres and Wheels Market was valued at USD 57.2 Billion in 2024 and is expected to reach USD 83.6 Billion by 2031, growing at a compound annual growth rate of 7.28% during the forecast period (2025-2031).
The Global Automotive OE Tyres and Wheels Market is a dynamic and rapidly evolving sector driven by factors such as increasing vehicle production, advancements in tire technology, and rising demand for high-performance and fuel-efficient vehicles. Original equipment (OE) tires and wheels are components that are installed by automakers during the manufacturing process. The market is highly competitive, with key players constantly innovating to meet the changing demands of consumers and regulatory requirements. Emerging trends in the market include the growing popularity of electric vehicles, which require specialized tires for optimal performance. The market is also influenced by factors such as changing consumer preferences, environmental concerns, and the emphasis on safety and durability. Overall, the Global Automotive OE Tyres and Wheels Market is poised for growth and innovation as the automotive industry continues to evolve.
The Global Automotive OE Tyres and Wheels Market is experiencing several key trends and opportunities. One prominent trend is the increasing demand for low rolling resistance tyres to improve fuel efficiency and reduce emissions in response to environmental concerns. The market is also witnessing a growing preference for advanced materials such as lightweight alloys in wheels to enhance performance and aesthetics. Additionally, the rise of electric vehicles is creating opportunities for specialized tyres and wheels to meet the unique requirements of these vehicles. Manufacturers are focusing on developing innovative tyre and wheel designs to cater to the evolving automotive landscape, which presents a significant opportunity for growth and differentiation in the market. Overall, the industry is expected to continue innovating to meet the changing needs of consumers and regulations in the automotive sector.
The Global Automotive OE Tyres and Wheels Market faces several challenges, including intense competition among key players leading to pricing pressures, stringent regulations on emissions and fuel efficiency driving the demand for advanced technologies and materials, and the increasing trend towards electric vehicles impacting the traditional demand for tires and wheels. Additionally, the fluctuating raw material prices, such as rubber and steel, pose a challenge to maintaining profitability. Moreover, the shift towards autonomous vehicles and connected technologies necessitates the development of specialized tires and wheels, further adding complexity to the market. Overall, navigating these challenges requires industry players to invest in research and development, innovation, and strategic partnerships to stay competitive in this dynamic market landscape.
The Global Automotive OE Tyres and Wheels Market is primarily driven by the increasing demand for vehicles worldwide, fueled by economic growth and rising disposable incomes. Additionally, the growing focus on vehicle safety and performance is leading to the adoption of high-quality original equipment (OE) tyres and wheels by automotive manufacturers. Stringent government regulations regarding vehicle emissions and fuel efficiency are also driving the market as manufacturers aim to develop more efficient and eco-friendly tyres and wheels. Technological advancements such as the development of smart tyres and lightweight wheels further contribute to market growth by enhancing overall vehicle performance and efficiency. Overall, the market is projected to witness continued growth due to these factors driving the demand for OE tyres and wheels in the automotive industry.
Government policies related to the Global Automotive OE Tyres and Wheels Market vary by region, with regulations on safety, emissions, and fuel efficiency driving much of the decision-making. In regions like Europe and North America, strict emissions standards have pushed manufacturers to develop more fuel-efficient tires and wheels. Additionally, regulations on tire labeling and recycling initiatives are being implemented to reduce environmental impact. In emerging markets such as Asia-Pacific, government policies focus on promoting local manufacturing and technological advancements in the automotive sector. Overall, government policies play a significant role in shaping the automotive OE tyres and wheels market by influencing product development, manufacturing processes, and consumer choices.
The future outlook for the Global Automotive OE Tyres and Wheels Market appears promising, driven by factors such as increasing vehicle sales, technological advancements in tire and wheel manufacturing, and growing demand for fuel-efficient and high-performance vehicles. The market is expected to witness steady growth, propelled by the rising importance of safety features in vehicles, stringent government regulations regarding vehicle emissions, and the shift towards electric and autonomous vehicles. Manufacturers are focusing on developing innovative products with enhanced durability, reduced rolling resistance, and improved efficiency to cater to evolving consumer preferences. Furthermore, the growing trend of customization and personalization in vehicles is likely to fuel demand for OE tires and wheels with unique designs and features, offering lucrative opportunities for market players to expand their product offerings and strengthen their market presence.
In the global Automotive OE Tyres and Wheels market, each region contributes uniquely to the industry landscape. Asia, particularly China and India, stands out for its rapid growth in vehicle production, driving significant demand for OE tyres and wheels. North America boasts a mature automotive market with a strong emphasis on technological advancements and premium quality products. Europe is known for its stringent regulations on vehicle safety and emissions, leading to a focus on eco-friendly tyre and wheel options. The Middle East and Africa region is witnessing a rise in luxury vehicle sales, creating opportunities for high-end OE products. Latin America shows potential for growth, driven by increasing vehicle ownership and infrastructure development initiatives. Overall, these regional insights highlight diverse market dynamics shaping the global Automotive OE Tyres and Wheels industry.
Global Automotive OE Tyres and Wheels Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Automotive OE Tyres and Wheels Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Global Automotive OE Tyres and Wheels Market - Industry Life Cycle |
3.4 Global Automotive OE Tyres and Wheels Market - Porter's Five Forces |
3.5 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Wheel Material, 2021 & 2031F |
3.7 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Tyre Material, 2021 & 2031F |
3.9 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Vehicle Class, 2021 & 2031F |
3.10 Global Automotive OE Tyres and Wheels Market Revenues & Volume Share, By Wheel Size, 2021 & 2031F |
4 Global Automotive OE Tyres and Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Automotive OE Tyres and Wheels Market Trends |
6 Global Automotive OE Tyres and Wheels Market, 2021 - 2031 |
6.1 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Alloy, 2021 - 2031 |
6.1.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Carbon Fibre, 2021 - 2031 |
6.1.4 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Steel, 2021 - 2031 |
6.1.5 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.2.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Passenger Vehicles, 2021 - 2031 |
6.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Natural Rubber, 2021 - 2031 |
6.3.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Synthetic Rubber, 2021 - 2031 |
6.4 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Luxury Vehicles, 2021 - 2031 |
6.4.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Economy Vehicles, 2021 - 2031 |
6.4.4 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Mid-Priced Vehicles, 2021 - 2031 |
6.5 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By 13-15 inches, 2021 - 2031 |
6.5.3 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By 16-18 inches, 2021 - 2031 |
6.5.4 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By 19-21 inches, 2021 - 2031 |
6.5.5 Global Automotive OE Tyres and Wheels Market, Revenues & Volume, By Greater than 21 inches, 2021 - 2031 |
7 North America Automotive OE Tyres and Wheels Market, Overview & Analysis |
7.1 North America Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
7.2 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
7.4 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
7.5 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
7.6 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
7.7 North America Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
8 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Overview & Analysis |
8.1 Latin America (LATAM) Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
8.4 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
8.5 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
8.6 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
8.7 Latin America (LATAM) Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
9 Asia Automotive OE Tyres and Wheels Market, Overview & Analysis |
9.1 Asia Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
9.4 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
9.5 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
9.6 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
9.7 Asia Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
10 Africa Automotive OE Tyres and Wheels Market, Overview & Analysis |
10.1 Africa Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
10.4 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
10.5 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
10.6 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
10.7 Africa Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
11 Europe Automotive OE Tyres and Wheels Market, Overview & Analysis |
11.1 Europe Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
11.4 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
11.5 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
11.6 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
11.7 Europe Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
12 Middle East Automotive OE Tyres and Wheels Market, Overview & Analysis |
12.1 Middle East Automotive OE Tyres and Wheels Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Automotive OE Tyres and Wheels Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Material, 2021 - 2031 |
12.4 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Type, 2021 - 2031 |
12.5 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Tyre Material, 2021 - 2031 |
12.6 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Vehicle Class, 2021 - 2031 |
12.7 Middle East Automotive OE Tyres and Wheels Market, Revenues & Volume, By Wheel Size, 2021 - 2031 |
13 Global Automotive OE Tyres and Wheels Market Key Performance Indicators |
14 Global Automotive OE Tyres and Wheels Market - Export/Import By Countries Assessment |
15 Global Automotive OE Tyres and Wheels Market - Opportunity Assessment |
15.1 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Wheel Material, 2021 & 2031F |
15.3 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
15.4 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Tyre Material, 2021 & 2031F |
15.5 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Vehicle Class, 2021 & 2031F |
15.6 Global Automotive OE Tyres and Wheels Market Opportunity Assessment, By Wheel Size, 2021 & 2031F |
16 Global Automotive OE Tyres and Wheels Market - Competitive Landscape |
16.1 Global Automotive OE Tyres and Wheels Market Revenue Share, By Companies, 2024 |
16.2 Global Automotive OE Tyres and Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |