Fast Market Research announces the availability of the new TechNavio report, "Global Passenger Vehicle Replacement Tire Market 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 11/01/2016 --Advances in tire technology continued with the advent of new and existing companies. Present day tire vendors manufacture tires to suit the needs of multiple automobile classes and hence, the market is segmented in terms of application and technology. There are specific tires for definite weather conditions, including all-season, winter, and summer tires. There is a broad spectrum of both global and local tire vendors present in the tire market. This makes it very competitive.

Technavio's analysts forecast the global passenger vehicle replacement tire market to grow at a CAGR of 7.24% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Passenger Vehicle Replacement Tire Market 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global passenger vehicle replacement tire market for 2016-2020. To calculate the market size, the report considers a top down approach.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Passenger Vehicle Replacement Tire Market 2016-2020, 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.

Key vendors

-Bridgestone
-Goodyear
-Michelin
-Firestone

Other prominent vendors

-Yokohama
-Hankook
-Dunlop
-Cooper Tire and Rubber Company

Market driver

-Decrease in the price of gasoline by 60% in the US: Driving demand for gasoline-powered vehicles
-For a full, detailed list, view our report

Market challenge

-Growing market of retreading tires: Replacement tire market under pressure
-For a full, detailed list, view our report

Market trend

-Tire brands influencing buying preferences: Michelin ranked highest for satisfaction in luxury segment and Pirelli ranked highest in performance sports segment
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Bridgestone, Goodyear, Michelin, Firestone, Yokohama, Hankook, Dunlop, Cooper Tire Rubber Company

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Transportation research reports at Fast Market Research

You may also be interested in these related reports:

-Passenger Car Tires Market in Canada 2015-2019
-Passenger Car Tires Market in the Netherlands 2015-2019
-Passenger Car Tire Market in Spain 2015-2019
-Passenger Car Tires Market in India 2015-2019
-Passenger Car Tires Market in Brazil 2015-2019