MarkNtel Advisors – Leading Market Research Company found Egypt Truck & Bus Radial Tire Market is expected to reach 3.5% CAGR Growth By 2030.
This report provides a comprehensive analysis of the Egypt Truck & Bus Radial Tire Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Egypt Truck & Bus Radial Tire Market
Base Year: 2023
Forecast Years: 2024-2030
Historical Years: 2019-2022
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- – https://www.marknteladvisors.com/query/request-sample/egypt-truck-and-bus-radial-tire-market.html
Scope of the Egypt Truck & Bus Radial Tire Market Report:
The Egypt Truck & Bus Radial Tire Market size is estimated to grow at a CAGR of around 3.5% during the forecast period, i.e., 2024-30. The market is proliferating due to the country’s high and rapid growth of the projects related to the development of infrastructure, and rapid industrialization and urbanization, which ultimately augments the demand for high-performance radial tires and thrives the Egypt Truck & Bus Radial Tire Market. Both vehicles buses and trucks have their application in different areas such as public transport, general cargo, chemical transportation, building & construction, agriculture & dairy transportation. The radial tires come in different price categories budget, economy, and premium. And, the use of radial tires is promoted due to their greater performance, durability, and not so high price than bias tires.
Which prominent factor is expected to drive the Egypt Truck & Bus Radial Tire Market during 2024-30?
Increasing Government Investments in Infrastructural Development & Urbanization-Related Projects – In the rapidly changing world, every economy wants to grow fast and increase its global presence. Therefore, there is a rising focus on the development of high-class infrastructure & industrial development, and to accommodate a large number of individuals, urbanization plans are also gaining traction in Egypt. In this type of big project, and development plan, there is a requirement for huge raw materials, and for their transportation heavy-duty vehicles are employed. So the demand for trucks is increasing in construction and manufacturing-related projects. On the other hand, for the developed infrastructure and urban settlements, there is an increasing requirement for buses to transport individuals from one place to the other, which ultimately creates the demand for radial tires and augments the growth & expansion of the industry.
What are the different Segment Available in the Egypt Truck & Bus Radial Tire Market?
By Type of Vehicle
- Truck-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Bus-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Application
- Public Transport-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- General Cargo Transport-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Chemicals Transportation-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Building & Construction -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Others (Agriculture Transportation, Dairy Transport, etc.) -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Price Category
- Budget -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Economy -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Premium -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Tire Size
- Tire Size 1 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Tire Size 2 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Tire Size 3 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Tire Size 4-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Tire Size 5 -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Sales Channel
- Direct Sales-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Online-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Multi-brand Stores -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Exclusive Outlets -Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Demand Type
- OEM-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
- Replacement-Market Size & Forecast 2019-2030, Unit Sold (Thousand)
By Region
- Cairo
- Alexandria
- Giza
- Rest of Egypt.
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Leading Egypt Truck & Bus Radial Tire companies operating in the Market
- 1. Bridgestone Corporation
- 2. Michelin
- 3. Continental AG
- 4. The Goodyear Tire & Rubber Company
- 5. The Yokohama Rubber Company Ltd.
- 6. Dunlop Tire
- 7. Prometeon Tyre Group S.r.l.
- 8. Trenco Transport and Engineering Co.
- 9. Triangle Tire Co.
- 10. Others.
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