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Geregistreerd op: 21 Okt 2017
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Market Overview
Factors such as positive growth in automotive industry Gaston Silva Uruguay Jersey , rising sales of passenger vehicles and growing research and development in tire industry are positively impact on the growth of automotive tubeless tire market. The concept of “green tire” is now creating a benchmark for the industry’s competitiveness. Green tires provide numerous benefits over conventional tires including lower fuel consumption. Global automotive tubeless tire market is highly consolidated; fuel efficiency and safety concerns are the key factors influencing the sales of tubeless tires in developing countries. The tire industry is largely occupied by the organized sector; however the unorganized sector dominates the bicycle tire market. Big players of the market are setting up well equipped in-house R&D centers with emphasis on developing cutting-edge technology for new compounds, new designs for different segments and new reinforcement materials.
Market Segmentation
By Tire Type
• Radial Tubeless Tire
• Bias Tubeless Tire
By Vehicle Type
• Passenger Car
• Commercial Vehicles
• Others
By Distribution Channel
• Original Equipment manufacturer (OEMs)
• Aftermarket
By Region
• North America (U.S., Canada)
• Latin America (Mexico, Brazil and Rest of Latin America)
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe)
• Asia-Pacific (China, India, Singapore, Japan Gaston Ramirez Uruguay Jersey , Australia, New Zealand, South Korea and Rest of Asia Pacific)
• Middle East and Africa (MEA)
• Rest of World
Market Size and Forecast
The global automotive tubeless tire market is expected to reach USD 192.8 billion by the end of 2024; the market is likely to expand at a CAGR of 6.2% over the forecast period i.e. 2016-2024. Intense competition in the market has forced the major giants such as Yokohama Rubber, Apollo Tires and others to acquire small manufacturers in order to expand their business in untapped regions. As per the data of OICA, more than 60 million of passenger cars were sold in 2016; china dominated the global market with a revenue share of 58.5% in 2016. OEMs segment expected to witness significant growth due to rise in production of vehicles and increasing number of OEMs manufacturing plants in developing countries.
Key Players
• Goodyear Tire and Rubber Company
o Synopsis
o Financial Analysis
o Business Strategy
o Product Portfolio
o SWOT Analysis
• Yokohama Tires
• Bridgestone Corporation
• Continental AG
• Pirelli Tire S.p.A
• Sumitomo Rubber Industries, Ltd
• Hankook Tire Co. Ltd.
• Toyo Tire & Rubber Co. Ltd.
• MICHELIN
• MRF
• CEAT
• Apollo Tyres
• Kumho Tyre
• Alliance Tire Group
Scope Background
Market Synopsis
Market Segmentation
The global automotive tubeless tire market is segmented as follows:
• By Tire Type (Market Size, Demand Analysis and Growth Analysis)
• By Vehicle Type (Market Size, Demand Analysis and Growth Analysis)
• By Distribution Channel Type (Market Size, Demand Analysis and Growth Analysis)
By Regions
• North America (U.S., Canada)
• Latin America (Argentina, Mexico, Brazil and Rest of Latin America)
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands Fernando Muslera Uruguay Jersey , Sweden, Hungary, Russia, Poland, Rest of Europe)
• Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific)
• Middle East and North Africa (MENA)
• Rest of World
Market Dynamics: Growth Drivers, Restraints and Opportunities
• Risk Factors
• Regional Variations
• Recent Trends and Developments
Key Market Players
• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis
Porter’s Five Force Model
Market Landscape: Competition and Beyond
Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
Expert Analysis
Concluding Remarks
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