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Light Vehicle Tire Aftermarket in the US 2011-2015
Infiniti Research Limited, June 2012, Pages: 41
TechNavio's analysts forecast the Light Vehicle Tire Aftermarket in the US to grow at a CAGR of 4.9 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for high-performance tires. The Light Vehicle Tire Aftermarket in the US has also been witnessing the demand for lower cost tires. However, the emerging threat from stringent environment regulations could pose a challenge to the growth of this market.
TechNavio's report, the Light Vehicle Tire Aftermarket 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the US regions; it also covers the Light Vehicle Tire Aftermarket landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Bridgestone Corp., Cooper Tire and Rubber Co.
Michelin SCA, The Goodyear Tire and Rubber Co. Other vendors mentioned in the report: Pirelli Tire, and Continental Corp., Accuride Corp., TBC Corp., The General Tire and Rubber Co., Yokohama Tire Corp., Hankook Tire Co. Ltd., Toyo Tire U.S.A. Corp., Falken Tire Corp., Kumho Tires Co. Inc.
Key questions answered in this report:
What will the market size be in 2015 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of analyst time when you purchase this report. Details provided within the report.
TechNavio Announces the Publication of its Report – Light Vehicle Tire Aftermarket in the US 2011–2015
TechNavio today launched its report Light Vehicle Tire Aftermarket in the US 2011–2015 based on an in-depth study focusing exclusively on the US. The report aims to aid decision makers’ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said; “The Light Vehicle Tire aftermarket in the US continues to undergo consolidation as a means of enhancing competitiveness. Slow market growth and declining profit margins have increased the need for higher volume production and broader product portfolios. Thus, the Light Vehicle Tire aftermarket in the US is expected to witness consolidation in the near future.”
According to the report, the Light Vehicle Tire aftermarket in the US is witnessing growing demand for good-quality, high-performance tires. As a result of the increasing number of vehicles on the road and lack of public transportation, the usage of personal vehicles has increased, consequently pushing the demand for automotive parts and accessories. The maintenance and servicing of older vehicles also contributes to the demand for good-quality tires. Furthermore, aggressive driving habits lead to faster wearing out of tires, which drives the aftermarket. All these factors contribute to the growth of the Light Vehicle Tire aftermarket in the US.
Further, the report also discusses that the lack of qualified technicians in the aftermarket has led to end-users leaning toward the Original Equipment market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Buying Criteria
07. Market Growth Drivers
08. Drivers and their Impact
09. Market Challenges
10. Impact of Drivers and Challenges
11. Market Trends
12. Key Vendor Analysis
12.1 The Goodyear Tire and Rubber Co.
12.2 Bridgestone Corp.
12.3 Michelin SCA
12.4 Cooper Tire and Rubber Co.
13. Other Reports in this Series
List of Exhibits:
Exhibit 1: Overview of the Automotive Aftermarket in the US
Exhibit 2: Automotive Aftermarket in the US 2011-2015 (US$ billion)
Exhibit 3: Automotive Aftermarket in the US by Vehicle Segmentation 2011-2015(in percent)
Exhibit 4: Light Vehicle Aftermarket in the US by Revenue Segmentation 2011
Exhibit 5: Light Vehicle Tire Aftermarket in the US by Product Segmentation 2011 (in percent)
Exhibit 6: Light Vehicle Tire Aftermarket in the US 2011-2015 (US$ billion)
Exhibit 7: Light Vehicle Tire Aftermarket in the US by Type of Tire 2011 (in percent)
Exhibit 8: Light Vehicle Tire Aftermarket in the US by Unit Shipment 2011-2015 (US$ million)
Exhibit 9: Light Vehicle Tire Aftermarket Unit Shipments in the US by Product Segmentation 2011-2015 (US$ million)
Exhibit 10: Light Vehicle Tire Aftermarket in the US by Vendor Segmentation 2011
Exhibit 11: Light Truck Tire Aftermarket in the US by Vendor Segmentation 2011
Exhibit 12: Passenger Vehicle Tire Aftermarket in the US by Vendor Segmentation 2011
Bridgestone, Cooper Tire & Rubber, Michelin SCA, The Goodyear Tire & Rubber