DUBLIN--(BUSINESS WIRE)--The "Global Passenger Vehicle Tire Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global passenger vehicle tire market in terms of volume, will grow close to 1,500 million units by 2022.
The report 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.
One trend in the market is growth of airless tires. Airless tires or non-pneumatic tires (NPT) are those that are supported by air pressure. Most of these tires are used in small vehicles, such as riding lawn mowers and motorized golf carts.
According to the report, one driver in the market is rise in sales of passenger vehicles. Increasing sales of passenger vehicles, such as sedans, hatchbacks, Sports Utility Vehicles (SUVs), Multi-Purpose Vehicles (MPVs), crossovers, and passenger vans, are driving the growth of the global passenger vehicle tire market.
Further, the report states that one challenge in the market is growing preference for public transport to reduce greenhouse gas emissions. Climate change is a serious global concern. Climate change summits, such as the Kyoto Protocol, are being conducted, which are aimed at adopting various measures to reduce the impact of greenhouse gases.
Market Trends
- Growth of Airless Tires
- 3D Printing Trend in Tire Industry
- Increasing Use of RFID Technology in Tires
Key Vendors
- Bridgestone
- Continental
- Michelin
- Pirelli
- The Goodyear Tire & Rubber
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by End-User
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/rr3qfm/outlook_on_the?w=4
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Related Topics: Cars, Automotive Tires