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Global Automotive High-performance Tires Market 2019-2023

Global Automotive High-performance Tires Market 2019-2023

About this market

Innovations in automotive high-performance tires market will likely to help the market grow. The automotive high-performance tires market is witnessing developments wherein the vendors are spending on more efficient tread designs and side profiles. Such research and development activities in improving the overall performance and reliability of high-performance tires are resulting in the production of more efficient high-performance tires. Technavio’s analysts have predicted that the automotive high-performance tires market will register a CAGR of more than 16% by 2023.

Market Overview

Performance benefits and advantages of high-performance tires

High performance tires are designed to deliver optimum performance and driving characteristics compared with conventional tires.

High-performance tires are expensive

The developments in automotive tires include new material, tread design, and manufacturing process. These developments are highly expensive, hence posing a biggest challenge for the automotive high-performance tires market.

For the detailed list of factors that will drive and challenge the growth of the automotive high-performance tires market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Bridgestone and Continental the competitive environment is quite intense. Factors such as the innovations in automotive high-performance tires and performance benefits and advantages of high-performance tires, will provide considerable growth opportunities to automotive high-performance tires manufactures. Bridgestone, Continental, MICHELIN, Pirelli & C, The Goodyear Tire & Rubber, and THE YOKOHAMA RUBBER are some of the major companies covered in this report.

‘With the presence of a considerable number of companies, this market appears to be fragmented. The prominent tire manufacturers globally are investing considerably in research and development of green tires. These tire manufacturers are using their competitive intelligence and expertise in tire designs and development to manufacture ultra-low-rolling-resistance tires, which are not only fuel-efficient but also reduce carbon emissions significantly.’


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Automotive High-Performance Tires Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive high-performance tires market: Bridgestone, Continental, MICHELIN, Pirelli & C, The Goodyear Tire & Rubber, and THE YOKOHAMA RUBBER.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the innovations in automotive high-performance tires.”

According to the report, one of the major drivers for this market is the performance benefits and advantages of high-performance tires.

Further, the report states that one of the major factors hindering the growth of this market is the high-performance tires are expensive.

Companies Mentioned

Bridgestone

Continental

MICHELIN

Pirelli & C

The Goodyear Tire & Rubber

THE YOKOHAMA RUBBER

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global automotive tires market
      • Table Segments of global automotive tires market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 (million units)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Sports car - Market size and forecast 2018-2023
      • Table Sports car - Market size and forecast 2018-2023 (million units)
      • Table Sports car - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 (million units)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 (million units)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 (million units)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 (million units)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Innovations in automotive high-performance tires market
    • Increased product portfolio of eco-friendly tires
    • Developments in tire retreading market
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bridgestone
      • Table Bridgestone - Vendor overview
      • Table Bridgestone - Business segments
      • Table Bridgestone - Organizational developments
      • Table Bridgestone - Geographic focus
      • Table Bridgestone - Segment focus
      • Table Bridgestone - Key offerings
    • Continental
      • Table Continental - Vendor overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • MICHELIN
      • Table MICHELIN - Vendor overview
      • Table MICHELIN - Business segments
      • Table MICHELIN - Organizational developments
      • Table MICHELIN - Geographic focus
      • Table MICHELIN - Segment focus
      • Table MICHELIN - Key offerings
    • Pirelli & C.
      • Table Pirelli & C. - Vendor overview
      • Table Pirelli & C. - Business segments
      • Table Pirelli & C. - Organizational developments
      • Table Pirelli & C. - Geographic focus
      • Table Pirelli & C. - Segment focus
      • Table Pirelli & C. - Key offerings
    • The Goodyear Tire & Rubber
      • Table The Goodyear Tire & Rubber - Vendor overview
      • Table The Goodyear Tire & Rubber - Organizational developments
      • Table The Goodyear Tire & Rubber - Geographic focus
      • Table The Goodyear Tire & Rubber - Key offerings
    • THE YOKOHAMA RUBBER
      • Table THE YOKOHAMA RUBBER - Vendor overview
      • Table THE YOKOHAMA RUBBER - Business segments
      • Table THE YOKOHAMA RUBBER - Organizational developments
      • Table THE YOKOHAMA RUBBER - Geographic focus
      • Table THE YOKOHAMA RUBBER - Segment focus
      • Table THE YOKOHAMA RUBBER - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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