DUBLIN--(BUSINESS WIRE)--The "Global Motorcycle Tires Market 2017-2021" report has been added to Research and Markets' offering.
The analysts forecast the global motorcycle tires market to grow at a CAGR of 4.39% during the period 2017-2021.
The report, Global Motorcycle Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the increasing investments by manufacturers on smart tires. Smart tires come with an advanced sensor that can communicate with the ECU, ABS, traction control system, and braking system to offer exceptional ride quality. These tires can automatically fill the air and adapt to the terrain to offer a comfortable ride. Individual readings of tire status are displayed, which consist of air pressure, tire wear and tear, driving mode, terrain details, and model number. These tires will notch up the ride comfort to next level.
One of the major drivers for this market is the increasing demand for motorcycles in APAC. Tires are the most critical part of a motorcycle, which provide balance and grip and makes the ride smoother. Any issue with the tires impacts the motorcycle's performance. Even a minor issue like low tire pressure leads to low fuel efficiency. The global motorcycle tires market is heavily dependent on the motorcycle industry. This also impacts the OEMs and the aftermarket vendors. The demand for motorcycles is directly dependent on a nation's gross domestic product (GDP) growth, disposable income, and employment rate.
Key vendors
- Bridgestone
- Continental
- Dunlop (Goodyear)
- Michelin
Other prominent vendors
- Apollo Tyres
- CEAT
- JK Tyre & Industries
- MRF
- Pirelli
- Giti Tire
- Hankook Tire
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Stakeholders
Part 07: Geographical Segmentation
Part 08: Decision Framework
Part 09: Drivers And Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/8lqdvt/global_motorcycle
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Related Topics: Automotive Tires