Automotive Green Tires Market

Automotive Green Tires Market Size and Share Forecast Outlook From 2024 to 2034

The Automotive Green Tires Market had an estimated market share worth USD 11.5 billion in 2023, and it is predicted to reach a global market valuation of USD 25 billion by 2034, growing at a steady CAGR of 4.5% from 2024 to 2034.

Demand for eco-friendly tires is increasing as customers become more aware of the environmental effect of conventional tires along with the benefits of green alternatives.

Growing consumer awareness of environmental issues has led to an increase in the demand for green tires, which has expanded the industry and spurred more innovation in environmentally friendly tire solutions.

Sales Analysis of Automotive Green Tires

• Green tires often feature lower rolling resistance, which boosts vehicle fuel efficiency and lowers carbon emissions.
• Modern construction methods and materials provide greater endurance and durability, which lowers the need for tire changes.
• Green tires frequently provide better handling, braking, and traction, improving both the safety and overall driving pleasure.
• Green tires help to lessen carbon footprint and encourage environmental conservation by employing eco-friendly materials and production techniques.

Report Attribute	Details
Estimated Market Value in 2023	USD 11.5 billion
Expected Market Value for 2024	USD 12.4 billion
Projected Forecast Value in 2034	USD 25 billion
Anticipated Growth Rate from 2024 to 2034	4.5% CAGR

Sales Trend Analysis from 2019 to 2023 Compared to Market Outlook for 2024 to 2034

The demand for the automotive green tires market was estimated to reach a valuation of USD 8.2 billion in 2019, according to a report from Future Market Insights. From 2019 to 2023, sales witnessed significant growth in the automotive green tires market, registering a CAGR of 8.9%.

Historical CAGR from 2019 to 2023	8.9%
Forecast CAGR from 2024 to 2034	4.5%

The market for automotive green tires is driven by technological developments in tire production, such as the development of innovative materials and manufacturing techniques. These advances will fuel market expansion by making it possible to produce tires with better performance attributes including decreased rolling resistance, increased durability, and greater sustainability.

Some important factors that will boost the market growth through 2034 are:

• The market for automotive green tires may be driven by ongoing research and development into sustainable materials including bio-based rubber as well as recycled materials.
• The growing use of autonomous and electric vehicles (EVs) gives an opportunity for green tires to improve energy efficiency and range, harmonizing with the sustainability aims of these developing vehicle technologies.
• By improving vehicle safety, performance, and efficiency, the integration of smart tire technologies, such as tire pressure monitoring systems (TPMS) and tire performance sensors, may stimulate demand for green tires and therefore propel market expansion.
• Embracing circular economy ideas, such as tire recycling and retreading, may boost the automotive green tire industry by increasing tire material reuse and repurposing, decreasing waste, and minimizing environmental effect throughout the tire.

Key Growth Drivers for the Automotive Green Tires Market

Consumer Inclination towards Eco Friendly and Fuel Efficient Vehicles to Bolster Sales

The growing customer desire for environmentally friendly and fuel-efficient cars is a major factor propelling the market for automotive green tires. Customers are actively looking for environmentally friendly transportation solutions that reduce their carbon impact as environmental awareness rises.

Green tires suit these desires because they are recognized for their capacity to improve fuel economy and lower emissions. The market for automobile green tires is expanding as a result of automakers incorporating green tire technology into their lineup of vehicles to satisfy consumer demand for eco-friendly options.

Increasing Focus on Environmental Sustainability to Bolster demand globally

The growing emphasis on environmental sustainability and the need to minimize carbon emissions are key drivers of the automotive green tire market. As global concerns about climate change rise, countries throughout the world are enacting more stringent laws designed to lower car emissions.

This encourages both customers and automakers to look for environmentally friendly options, including green tires, which provide better fuel economy and less rolling resistance while also supporting market expansion and sustainability objectives.

Factors Restraining the Growth of the Automotive Green Tires Market

Supply Chain Disruptions to Stifle the Market Growth

The market for automotive green tires is being hindered by supply chain interruptions brought on by things like labor shortages, delays in shipping, and shortages of raw materials. These issues cause delays in production and higher expenses because they interfere with manufacturing procedures.

Trade tensions and uncertainty surrounding the state of the world economy intensify market issues and impede the smooth growth and development of the automobile green tire sector.

Automotive Green Tires Industry Analysis by Top Investment Segments

This section focuses on providing detailed analysis of two particular market segments for automotive green tires, the dominant vehicle type and the significant end user. The two main segments discussed below are passenger vehicles and OEM.

Passengers Vehicles to drift towards an increased Adoption of Green Tires

Vehicle Type	Passenger Vehicle
CAGR from 2024 to 2034	7%

During the forecast period, the passenger vehicle segment is likely to garner a 7% CAGR. Green tires are expected to be widely used in passenger vehicles for a number of important reasons.

Green tires, which minimize environmental effect and reduce carbon emissions, are in high demand as a result of the increased consumer awareness of environmental issues and their desire to choose eco-friendly options. Green tires also provide improved fuel efficiency, which saves drivers money over time.

In order to comply with strict emissions regulations and fulfill customer expectations for environmentally friendly transportation options, manufacturers of automobiles are compelled by governmental pressures to emphasize sustainability, which has resulted in the widespread incorporation of green tire technology.

Automotive Green Tires to be Widely Used by the OEM Sector

End User	OEM
Market Share in 2024	51.2%

In 2024, the OEM segment is likely to acquire a 51.2% global market share. Green tires are expected to be widely used in the OEM (Original Equipment Manufacturer) sector for a variety of reasons. In order to comply with environmental requirements, manufacturers are compelled by strict emissions restrictions to integrate eco-friendly parts, such as tires, into their vehicles.

OEMs aim to conform to customer preferences while acknowledging the market demand for sustainable goods. Green tires support the objectives of OEMs for increased performance and sustainability by providing noticeable advantages like less carbon footprint and increased fuel economy.

Analysis of Top Regions Adopting Automotive Green Tire Solutions

The markets for automotive green tires in a few significant countries, including the United States, the United Kingdom, China, Japan, and South Korea, will be covered in detail in this section. The section will focus on the significant factors driving up demand for automotive green tires in these countries.

Countries	CAGR
The United States	7.5%
The United Kingdom	8.3%
China	7.8%
Japan	8.8%
South Korea	9.3%

Diverse Driving Conditions the United States to Further Automotive Green Tire Sales

The United States automotive green tires is anticipated to gain a CAGR of 7.5% through 2034. Factors that are bolstering the growth are:

• Driving conditions vary due to the huge geographical area and varying climates of the United States. This increases the need for green tires made for varying weather conditions and terrain.
• Tire performance is a major factor in the United States tire market, in addition to environmental considerations. This results in the development of environmentally friendly tires that provide excellent traction, longevity, and comfort along with sustainability advantages.

Tax Incentives and Emission Standards in the United Kingdom to Push Demand

The market in the United Kingdom is expected to expand with an 8.3% CAGR through 2034. The factors pushing the growth are:

• The strong dedication of the United Kingdom to sustainability increases demand for eco-friendly products, such as green tires, as customers prioritize lowering their carbon footprint and adhering to environmental laws.
• The superior research and development skills enable the development of innovative green tire solutions that include innovative materials and manufacturing techniques to improve performance and sustainability.
• The green tire market in the United Kingdom is expanding as a result of supportive policies that promote the adoption of green technology in the automobile industry, like tax incentives and emissions standards.

Increasing Sustainable Transportation in China to Spur Industry Growth

The automotive green tires ecosystem in China is anticipated to develop with a 7.8% CAGR from 2024 to 2034. The drivers behind this growth are:

• The enormous potential presented by the growing urbanization and automotive industry in China are noteworthy for manufacturers of green tires.
• Green tire adoption is fueled by the regional strict regulations designed to promote sustainability in the automobile industry and reduce pollution.
• China is a leader in eco-friendly tire production and adoption owing to its growing investments in sustainable transportation and green technologies.

Robust Automotive Innovation Hub in Japan to bolster Demand

The automotive green tires industry in Japan is anticipated to reach an 8.8% CAGR from 2024 to 2034. The drivers propelling growth forward are:

• The automotive industry in Japan is well-known for its demanding quality standards, which encourage tire manufacturers to develop premium green tires that fulfill stringent performance and durability requirements.
• The position of the country as a center of global innovation encourages the development of environmentally friendly technology, which results in the production of state-of-the-art green tire solutions that are more sustainable and efficient.
• Japan has a large metropolitan population and struggles with pollution and traffic, which is why there is a need for green tires that offer better fuel economy and lower emissions to address environmental issues in crowded places.

Government Initiatives towards Sustainable Solutions in South Korea to Enhance Demand

The automotive green tires ecosystem in South Korea is likely to evolve with a 9.3% CAGR during the forecast period. The factors bolstering the growth are:

• The need for green tires in the automotive sector is being driven by the pro-environment regulations and incentives throughout South Korea.
• High-tech capabilities encourage the development of environmentally friendly tire solutions, which accelerates market expansion by enhancing sustainability and performance.
• The adoption of green tires in South Korea's automobile sector is rising due to growing consumer desire for eco-friendly products and environmental consciousness.

Leading Suppliers in the Automotive Green Tires Sector

Companies in the global automotive green tires market are concentrating more on producing environmentally friendly tire solutions to solve sustainability issues and minimize carbon footprint.

Significant companies are funding research and development to create novel materials and production techniques that reduce energy use and emissions over the course of the lifespan of a tire.

Companies are working with manufacturers to incorporate green tire technology into cars, encouraging fuel economy and cutting greenhouse gas emissions. Companies are committed to meeting the increasing demand from consumers for sustainable transportation solutions, as seen by their strategic alliances and investments in environmentally friendly projects. The key players in this market include:

• Bridgestone Corporation
• Continental AG
• Michelin Group
• Apollo Tyres Limited
• Yokohama Tire Corporation
• Goodyear Tire & Rubber Company
• Pirelli & C. Spa
• Toyo Tire Corporation
• MRF Limited
• CEAT Limited

Significant advancements in the automotive green tires sector are being made by key market participants, and these include:

• In 2023, Bridgestone Americas (Bridgestone) held an official groundbreaking ceremony to mark the expansion of its Warren County, Tennessee Truck and Bus Radial (TBR) Tire Plant in Morrison. In order to accommodate the expanded capacity and to speed up the adoption of modern technologies that enable cleaner, safer, and more effective commercial truck and bus fleets, the USD 550 million investment will create 380 new jobs and grow the plant's current area by 850,000 square feet. Warren County will be among the first factories in the world to add the capacity to create the Enliten technology stack as part of the expansion. This technology stack is designed to minimize wear and rolling resistance.
• In 2022, GRI unveiled a new radial tire for the agricultural business at the SIMA 2022 show in Paris, France. The Green XLR EARTH 65+ is a new tire of the Green XLR Earth Series, which is dedicated to environmental preservation. Of the materials used in the production of the Green XLR EARTH 65+, 37.5% were sustainable. The tire provides comfort for drivers of vehicles used for both on- and off-road driving thanks to its tread pattern, which benefits from a simulated rib. It enhances steering inputs for faster moving tractors.

Scope and Coverage of the Automotive Green Tires Market Report

Report Attribute	Details
Growth Rate	CAGR of 4.5% from 2024 to 2034
Market value in 2024	USD 12.4 billion
Market value in 2034	USD 25 billion
Base Year for Estimation	2023
Historical Data	2019 to 2023
Forecast Period	2024 to 2034
Quantitative Units	USD billion for value
Report Coverage	Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Vehicle Type, End User, Region
Regions Covered	North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa
Countries Profiled	The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel
Key Companies Profiled	Bridgestone Corporation; Continental AG; Michelin Group; Apollo Tyres Limited; Yokohama Tire Corporation; Goodyear Tire & Rubber Company; Pirelli & C. Spa; Toyo Tire Corporation; MRF Limited; CEAT Limited
Customization Scope	Available on Request

Table of Content

• 1. Executive Summary
• 2. Market Overview
• 3. Market Background
• 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
• 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type
  • 5.1. Passenger Vehicles
  • 5.2. Commercial Vehicles
• 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User Type
  • 6.1. OEM
  • 6.2. Aftermarket
• 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
  • 7.1. North America
  • 7.2. Latin America
  • 7.3. Europe
  • 7.4. East Asia
  • 7.5. South Asia
  • 7.6. Oceania
  • 7.7. MEA
• 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 10. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 11. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 12. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 13. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 14. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
• 15. Key Countries Market Analysis
• 16. Market Structure Analysis
• 17. Competition Analysis
  • 17.1. Bridgestone Corporation
  • 17.2. Continental AG
  • 17.3. Michelin Group
  • 17.4. Apollo Tyres Limited
  • 17.5. Yokohama Tire Corporation
  • 17.6. Goodyear Tire & Rubber Company
  • 17.7. Pirelli & C. Spa
  • 17.8. Toyo Tire Corporation
  • 17.9. MRF Limited
  • 17.10. CEAT Limited
• 18. Assumptions & Acronyms Used
• 19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034

Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034

Table 3: Global Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 4: Global Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 5: Global Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 6: Global Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 7: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 8: North America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 9: North America Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 10: North America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 11: North America Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 12: North America Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 14: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034

Table 15: Latin America Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 16: Latin America Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 17: Latin America Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 18: Latin America Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 20: Europe Market Volume (Units) Forecast by Country, 2019 to 2034

Table 21: Europe Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 22: Europe Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 23: Europe Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 24: Europe Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 26: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 27: East Asia Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 28: East Asia Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 29: East Asia Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 30: East Asia Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 32: South Asia Market Volume (Units) Forecast by Country, 2019 to 2034

Table 33: South Asia Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 34: South Asia Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 35: South Asia Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 36: South Asia Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 38: Oceania Market Volume (Units) Forecast by Country, 2019 to 2034

Table 39: Oceania Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 40: Oceania Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 41: Oceania Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 42: Oceania Market Volume (Units) Forecast by End-User Type, 2019 to 2034

Table 43: MEA Market Value (US$ Million) Forecast by Country, 2019 to 2034

Table 44: MEA Market Volume (Units) Forecast by Country, 2019 to 2034

Table 45: MEA Market Value (US$ Million) Forecast by Vehicle Type, 2019 to 2034

Table 46: MEA Market Volume (Units) Forecast by Vehicle Type, 2019 to 2034

Table 47: MEA Market Value (US$ Million) Forecast by End-User Type, 2019 to 2034

Table 48: MEA Market Volume (Units) Forecast by End-User Type, 2019 to 2034

List of Figures

Figure 1: Global Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 2: Global Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034

Figure 5: Global Market Volume (Units) Analysis by Region, 2019 to 2034

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034

Figure 8: Global Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 9: Global Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 10: Global Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 11: Global Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 12: Global Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 13: Global Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 14: Global Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 15: Global Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 16: Global Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 17: Global Market Attractiveness by End-User Type, 2024 to 2034

Figure 18: Global Market Attractiveness by Region, 2024 to 2034

Figure 19: North America Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 20: North America Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 21: North America Market Value (US$ Million) by Country, 2024 to 2034

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 23: North America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 26: North America Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 27: North America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 28: North America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 29: North America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 30: North America Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 31: North America Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 32: North America Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 33: North America Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 34: North America Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 35: North America Market Attractiveness by End-User Type, 2024 to 2034

Figure 36: North America Market Attractiveness by Country, 2024 to 2034

Figure 37: Latin America Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 38: Latin America Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 39: Latin America Market Value (US$ Million) by Country, 2024 to 2034

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 41: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 44: Latin America Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 45: Latin America Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 48: Latin America Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 49: Latin America Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 52: Latin America Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 53: Latin America Market Attractiveness by End-User Type, 2024 to 2034

Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034

Figure 55: Europe Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 56: Europe Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 57: Europe Market Value (US$ Million) by Country, 2024 to 2034

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 59: Europe Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 62: Europe Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 63: Europe Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 64: Europe Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 65: Europe Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 66: Europe Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 67: Europe Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 68: Europe Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 69: Europe Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 70: Europe Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 71: Europe Market Attractiveness by End-User Type, 2024 to 2034

Figure 72: Europe Market Attractiveness by Country, 2024 to 2034

Figure 73: East Asia Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 74: East Asia Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 75: East Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 77: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 80: East Asia Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 81: East Asia Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 82: East Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 83: East Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 84: East Asia Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 85: East Asia Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 86: East Asia Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 88: East Asia Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 89: East Asia Market Attractiveness by End-User Type, 2024 to 2034

Figure 90: East Asia Market Attractiveness by Country, 2024 to 2034

Figure 91: South Asia Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 92: South Asia Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 93: South Asia Market Value (US$ Million) by Country, 2024 to 2034

Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 95: South Asia Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 98: South Asia Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 99: South Asia Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 100: South Asia Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 101: South Asia Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 102: South Asia Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 103: South Asia Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 104: South Asia Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 105: South Asia Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 106: South Asia Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 107: South Asia Market Attractiveness by End-User Type, 2024 to 2034

Figure 108: South Asia Market Attractiveness by Country, 2024 to 2034

Figure 109: Oceania Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 110: Oceania Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 111: Oceania Market Value (US$ Million) by Country, 2024 to 2034

Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 113: Oceania Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 116: Oceania Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 117: Oceania Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 118: Oceania Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 119: Oceania Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 120: Oceania Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 121: Oceania Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 122: Oceania Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 123: Oceania Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 124: Oceania Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 125: Oceania Market Attractiveness by End-User Type, 2024 to 2034

Figure 126: Oceania Market Attractiveness by Country, 2024 to 2034

Figure 127: MEA Market Value (US$ Million) by Vehicle Type, 2024 to 2034

Figure 128: MEA Market Value (US$ Million) by End-User Type, 2024 to 2034

Figure 129: MEA Market Value (US$ Million) by Country, 2024 to 2034

Figure 130: MEA Market Value (US$ Million) Analysis by Country, 2019 to 2034

Figure 131: MEA Market Volume (Units) Analysis by Country, 2019 to 2034

Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2024 to 2034

Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034

Figure 134: MEA Market Value (US$ Million) Analysis by Vehicle Type, 2019 to 2034

Figure 135: MEA Market Volume (Units) Analysis by Vehicle Type, 2019 to 2034

Figure 136: MEA Market Value Share (%) and BPS Analysis by Vehicle Type, 2024 to 2034

Figure 137: MEA Market Y-o-Y Growth (%) Projections by Vehicle Type, 2024 to 2034

Figure 138: MEA Market Value (US$ Million) Analysis by End-User Type, 2019 to 2034

Figure 139: MEA Market Volume (Units) Analysis by End-User Type, 2019 to 2034

Figure 140: MEA Market Value Share (%) and BPS Analysis by End-User Type, 2024 to 2034

Figure 141: MEA Market Y-o-Y Growth (%) Projections by End-User Type, 2024 to 2034

Figure 142: MEA Market Attractiveness by Vehicle Type, 2024 to 2034

Figure 143: MEA Market Attractiveness by End-User Type, 2024 to 2034

Figure 144: MEA Market Attractiveness by Country, 2024 to 2034