Bus Tires Market Top Key Players- Bridgestone, Michelin Tires, Goodyear, China National Tires and Rubber Corporation, BKT Industries, Yokohoma Tires, Firestone Tires, Continental Tires

Bus tires are designed and manufactured to meet stringent regulatory requirements, internal business specifications, and vehicle performance and driver requirements. State-of-the-art tire technology combines a unique balance of chemistry, physics and engineering to provide drivers with high levels of tire performance including safety, reliability, efficiency, long wear and comfort.

The best tire for the bus is selected the same way many pickup/delivery companies do. The first choice will depend on the type of pavement used, clean off-road tires are preferred in paved areas, and mixed-use (on/off-road) tires are used when the path contains significant amounts of gravel or rough surfaces.

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GLOBAL BUS TIRES MARKET DYNAMICS

Various governments are actively involved in the logistics and transportation industry. This is because both of these sectors are important for accelerating the growth of the country as a whole. Commercial vehicle manufacturers' entry and friendly trade agreements the market is expected to expand with various trade agreements between the government and non-governmental organizations.

Last mile Shipping and the growth of e-commerce have significantly increased the demand for trucking. The increasing mileage of trucks and buses increases the demand for bus radial tires. Because bus radial tires must be replaced on a regular basis, there is a significant aftermarket demand for them.

Furthermore, considerations such as the trade war between the United States and China, an increase in the production levels of bus radial tires worldwide, and an increase in the number of last mile deliveries due to the unprecedented growth of the ecommerce sector all have an impact on the global bus tire market`s expansion.

It is primarily driven by two key factors which includes a rise in the number of buses on the road and an increase in global demand for medium transit buses. Furthermore, since technology advances at a quick pace, the freight and distribution sector has seen steady advancements over the last two decades.

GLOBAL BUS TIRES MARKET SEGMENTATION

The Global Bus Tires Market can be segmented into following categories for further analysis.

Bus Tires Market By Rim Size Type

• 15 inches and below
• 15 to 20 inches
• 20 inches and higher

Bus Tires Market By Vehicle Classification Type

• Military Buses
• School Buses
• Commercial buses
• Passenger Service Buses
• Industrial buses

Bus Tires Market By Technology Focus Type

• Battery Electric Vehicle
• Conventional Fuel Technology
• Hybrid Technology

Bus Tires Market By Regional Classification

• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region

RECENT TECHNOLOGICAL TRENDS IN GLOBAL BUS TIRES MARKET

Bus tires are brought to market with a focus on technological advancements. Rubber compounding is a complex field that combines several basic ingredients to create thermoplastics with precise properties.

The rubber compound depends on its location and what role it plays in the tire. Radial bus tires usually consist of several steel belts with steel cords arranged at opposite angles. Fabric belts are also found on bias truck tires. Belts increase the stability of the tire tread, improving wear, handling and traction.

BUS TIRES MARKET COMPETITIVE LANDSCAPE

Much longer tire life means more mileage per tire thanks to thicker sidewalls and stronger carcass and the latest rolling resistance technology that helps optimize fuel efficiency and minimize emissions.

Tires can also be cut back to increase durability. Performance is often sacrificed when meeting the environmental requirements of a vehicle. Firestone is one of the world's leading bus tire manufacturers. He introduced the FS 400 tires with an emphasis on better terrain adaptation on the fly.

BUS TIRES MARKET COMPANIES PROFILED

• Bridgestone
• Michelin Tires
• Goodyear
• China National Tires and Rubber Corporation
• BKT Industries
• Yokohoma Tires
• Firestone Tires
• Continental Tires

Read More Information: https://mobilityforesights.com/product/bus-tires-market/



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