France Advanced Tires Market By Vehicle Type (On-Highway & Off-Highway), By Technology (Chip-Embedded Tires, Self-Inflating Tires, TPMS & Multi Chambered Tires), By Tire Type (Run-Flat, Airless & Pneumatic), By Material Type, Competition, Forecast & Opportunities, 2024
France advanced tires market is projected to grow from $ 196 million in 2018 to $ 333 million by 2024, exhibiting a CAGR of over 9% during the forecast period, on account of increasing production and sales of premium cars and developments in connected car technologies. Moreover, growing focus of tire manufacturers on advanced technologies such as organic raw material, 3D printing and autonomous vehicles is expected to bolster the demand for advanced tires in the country. In terms of vehicle type, France advanced tires market has been categorized into on-highway vehicle and off-highway vehicle. Of these categories, on-highway vehicles are further segmented into light-duty vehicles and heavy-duty vehicles. Owing to the growing production of premium vehicles, the light-duty vehicle segment is expected to account for the largest share in the country’s advanced tires market during the forecast period.
Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast France advanced tires market size.
- To classify and forecast France advanced tires market based on vehicle type, technology, tire type, material type and regional distribution.
- To identify drivers and challenges for France advanced tires market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in France advanced tires market.
- To conduct the pricing analysis for France advanced tires market.
- To identify and analyze the profile of leading players operating in France advanced tires market.
Some of the prominent players in France advanced tires market are Compagnie Générale des Établissements Michelin (CGEM), Bridgestone Europe NV/SA, Continental Aktiengesellschaft, Goodyear France SAS, Pirelli & C. S.p.A., Hankook Tire France SARL, Yokohama France SAS, Apollo Tyres Ltd., Cooper Tire & Rubber Company France SARL and Kumho Tire Co., Inc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed manufacturers and distribution channels along with the presence of all major manufacturers across the country.
TechSci Research calculated France advanced tires market size by using a bottom-up approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these vehicle types and technologies for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Original equipment manufacturers
- Advanced tire manufacturers, suppliers and distributors
- End users of advanced tires
- Research organizations and consulting companies
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to advanced tires
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, France advanced tires market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by Vehicle Type:
- Light Duty Vehicles
- Heavy Duty Vehicles
- Agricultural Tractors
- Construction & Mining Equipment
- Industrial Equipment
- Market, by Technology:
- Chip-Embedded Tires
- Multi-Chambered Tires
- Self-Inflating Tires
- All-In-One Tires
- Market, by Tire Type:
- Market, by Material Type:
- Natural Rubber
- Synthetic Rubber
- Market, by Region:
- Northern France
- Western France
- Southern France
- Eastern France
- South Western France
- Central France
Company Profiles: Detailed analysis of the major companies present in France advanced tires market.
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
- Detailed analysis and profiling of additional market players (up to five).
Printing is not available on single-user licenses.