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the global automotive tire market is anticipated to grow at a robust growth rate throughout the period of assessment and poised to register a CAGR of 6.3% by value during the 2017-2027 period. This market is also expected to be valued at about US$ 645 Bn by the end of 2027. The key trends, drivers, restraints and opportunity analyses are portrayed which impact the growth of the global automotive tire market.
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Automotive Tire Market to Register Steadfast CAGR of 6.3% in Terms of Value Over US$ 645 Bn In Forecast Period, 2017 - 2027 September 2017 Report Id :REP-GB-2686 Status :Published Category : Automotive & Transportation ©2019 Future Market Insights, All Rights Reserved
AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2019 Future Market Insights, All Rights Reserved
Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases ©2019 Future Market Insights, All Rights Reserved
Automotive Tire Market A comprehensive market evaluation put forth by Future Market Insights on the global automotive tire market in its new research report titled “Automotive Tire Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)” covers the drivers, impact, challenges, trends as well as opportunities in the global automotive tire market with competition assessment during the period of 2017-2027. A detailed market segmentation is included in the research publication based on which the value and volume analysis of various segments and sub-segments is carried out during the period of assessment. The global automotive tire market is expected to witness robust growth across main regions of Asia Pacific excluding Japan (APEJ), North America, Western Europe, Eastern Europe, Latin America, Japan and Middle and Africa (MEA) during the forecast period. Request For Report Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2686 Global Automotive Tire Market: Trends There are various trends captured by Future Market Insights in this research report which impact the global automotive tire market, and influence its growth during 2017-2027. The evolving technology which is set to changing the future scenario of tires, increasing mergers and acquisitions with a view to expand the retail network, the increasing use of tire pressure monitoring systems (TPMS) thus increasing the awareness of tires and its functionality among ©2019 Future Market Insights, All Rights Reserved
Automotive Tire Market • consumers, strategic collaborations taking place between tire manufacturers with famous non-tire entities to promote brand value and better positioning of their tires, increasing use of digital platform with which several consumers are able to buy through e-commerce, trend of switching to green tires as an environment friendly option and decrease in the selling price of small tires. • Global Automotive Tire Market: Forecast • According to Future Market Insights, the global automotive tire market is expected to grow at a robust growth rate during the forecast period, to register a CAGR of 6.3% during 2017-2027 and is anticipated to be valued at about US$ 645 Bn by 2027 end. • Buy Now @ :https://www.futuremarketinsights.com/checkout/2686 • Global Automotive Tire Market: Segmental Snapshot • The global automotive tire market is segmented by vehicle type (2/3 wheeler, passenger vehicle, commercial vehicle and specialty vehicle), by sales channel (OEM and aftermarket), by tire structure (radial and bias) and region. ©2019 Future Market Insights, All Rights Reserved
Automotive Tire Market • Passenger cars segment by vehicle type is expected to lead the global market in terms of growth rate and market share. This segment is anticipated to grow at a high CAGR of 6.8% throughout the forecast period • Commercial vehicle segment by vehicle type, also shows high potential, and is poised to grow at a CAGR of 6.1% during the assessment period. In this category, the light commercial vehicle segment is a high growth segment and is expected to be valued at US$ 102.7 Bn by the end of2027 • By tire structure, the radial segment is expected to be valued at US$ 550.2 Bn by 2027 end and also anticipated to grow at a robust growth rate throughout the forecast period 2017-2027 • By sales channel, OEM segment reflects higher growth rate during the period of assessment, however, the aftermarket segment is poised to show high market value by the end of the forecasted year. The OEM segment is expected to grow at a CAGR of 6.4% during 2017-2027 • By Region, Asia Pacific excluding Japan (APEJ) region and Western Europe region are expected to grow at similar growth rates, however, APEJ is poised to lead the global automotive tire market in terms of high market share by 2027 end, as it is expected to be valued at around US$ 194 Bn by the end of the assessment period ©2019 Future Market Insights, All Rights Reserved
Automotive Tire Market Request For Report Table of Content (TOC):https://www.futuremarketinsights.com/askus/rep-gb-2686 Global Automotive Tire Market: Competitive Assessment The global automotive tire market research report has analysed various key players involved in the operations related to automotive tires. Continental AG, Bridgestone Corp., Michelin, Goodyear Tire And Rubber Company, Pirelli & C. S.P.A, Yokohama Rubber Company, Limited, Cheng Shin Rubber Industries, Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Company, Trelleborg AB, Cooper Tire & Rubber Company, Hankook Tire, Madras Rubber Factory Limited, Kumho Tire Co. Inc., Apollo Tyres Ltd, Sailun Tires Ltd, Shandong LinglongTyre, NokianRenkaatOjy, Titan Tire Corporation, and Nexen Tire America Inc. are the key companies profiled in the global automotive tire market reseach report. ©2019 Future Market Insights, All Rights Reserved
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