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The European tire market is projected to witness a CAGR of 2.1% during the forecast period (2020-2026). Stable vehicle sales, high expenditure on vehicles, and its accessories are some of the major factors for the growth of the market in the region.
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Orion Market Research Europe Tire Market, Size, Share, Analysis Report & Forecast to 2026 Request a Free Sample of our Europe Tire Market: https://www.omrglobal.com/request- sample/europe-tire-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The European tire market is projected to witness a CAGR of 2.1% during the forecast period (2020- 2026). Stable vehicle sales, high expenditure on vehicles, and its accessories are some of the major factors for the growth of the market in the region. Growth in the demand for high-performance tires is another major factor for the growth of the market in the region. Increasing total vehicle fleet is also one of the major factors for market growth in the region. As per the European Automobile Manufacturers Association (ACEA), the total vehicle fleet of Europe was more than 386 million as compared to nearly 379 million in 2017. A full Report of Europe Tire Market is Available at: https://www.omrglobal.com/industry- reports/europe-tire-market Europe's tire market is segmented based on vehicle type, road application, construction, tire type, and sales channel. By vehicle type, the market is further segmented into passenger cars, light & medium commercial vehicles, heavy commercial vehicles, two-wheeler, and other. During the forecast period, passenger car segment expected to maintain a major market share in the country. As per the ACEA, the passenger vehicle fleet was around 326 million in 2018 whereas the total commercial vehicle fleet was around 55.2 million in 2018. Request a Free Sample of our Europe Tire Market: https://www.omrglobal.com/request- sample/europe-tire-market Europe Automotive Tire Market Segmentation By Vehicle Type Passenger Cars Light &Medium Commercial Vehicle Heavy Commercial Vehicle Two-Wheeler Other (Construction, Agricultural, Customized Sports) By Road Application All-Season Tire Summer Tire Winter Tire Other (All-Terrain Tire) Europe Automotive Tire Market By Construction Radial Tire Bias PlyTire By Tire Type
Tubeless Tire Tubbed Tire Europe Automotive Tire Market By Sales Channel OEM (Original Equipment Manufacturer) Aftermarket (Replacement) Regional Analysis Germany UK France Spain Italy Company Profiles Aeolus Tyre Co. Ltd. Overview Aeolus Tyre Co. Ltd. in Europe Aeolus Tyre Co. Ltd. in Tire Landscape Recent Developments Apollo Tires Ltd. Bridgestone Corp. Ceat Ltd. Cheng Shin Rubber Ind. Co. Ltd. Continental AG Cooper Tire & Rubber Co. Giti Tire Pte Ltd. Goodyear Tire and Rubber Co. Hankook Tire Co. Ltd. Kenda Rubber Industrial Co., Ltd. Kumho Tire Co. Inc. Michelin Group Nexan Tire Corp. Nokian Tyres PLC Pirelli & C. S.p.A. The Yokohama Rubber Co, Ltd. Toyo Tire Corp. Trelleborg AB
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