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(MoneyNewsWire.Net, July 07, 2015 )
About Passenger Car Tires Market in France
The automotive industry in France is among the leading automobile industry in Europe in terms of automobile production after Germany and Spain. France is home to the major automakers such as PSA Peugeot Citroen and Renault, and it is among the leading automotive market in the world.
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During the economic downfall, consumers reduced their spending significantly as they preferred to refrain from heavy investments. However, an improvement in the economic condition in France contributes to the domestic demand for new cars and, hence, the OEM market for tires. Therefore, the passenger car tires market in France is expected to grow at a steady rate during the forecast period, because the automotive industry in the country is experiencing an improvement in the sales of new cars. Moreover, the automotive market in France received a positive push from the proliferation of cab services in the country, which translates into a positive impact on car sales and subsequently the tires market.
Technavio's analysts forecast the passenger car tires market in France to grow at a CAGR of 2.73% over the period 2014-2019.
Covered in this Report
The report covers the present scenario and the growth prospects of the passenger car tires market in France for the period 2015-2019. Based on distribution channel, the market can be segmented into two: OEM and replacement. To calculate the market size, the report considers the combined sales from these two segments.
Technavio's report, Passenger Car Tires Market in France 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors
• Apollo Vredestein
• Bridgestone Europe
• Continental
• Goodyear Dunlop (EMEA)
• Michelin
• Pirelli Tyres
Other Prominent Vendors
• Cooper Tire & Rubber
• Debica
• Hankook Tire Group
• Nankang Rubber Tire
• Nokian Tyres
• Syron Tires
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Key Market Driver
• Increase in Cab Services
• For a full, detailed list, view our report
Key Market Challenge
• Declining Interest of Consumers in Buying Cars
• For a full, detailed list, view our report
Key Market Trend
• Increased Focus on Green Tires
• For a full, detailed list, view our report
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Key Questions Answered in this Report
• What will the market size be in 2019 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?
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