AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Auto Tyre Market Study:
Bridgestone Corporation (Japan), Continental AG (Germany), Pirelli & C. S.p.A (Italy), Michelin (France), The Goodyear Tire & Rubber Co. (United States), Sumitomo Rubber Industries, Ltd. (Japan), Madras Rubber Factory Limited (India), The Yokohama Rubber Co. Ltd. (Japan), JK Tire & Industries Ltd. (India) and CEAT Ltd. (India)
In the last few years, Global market of Auto Tyre developed rapidly. Major factors driving the market are The rise in Sales of Automotive
.
On the basis of product type, the Auto Tyre market is segmented by Radial Tyre and Biased Tyre.
Latest Industry Highlights:
9th May 2019, Alliance Tire Group a tire manufacturing company which is fully owned subsidiary of The Yokohama Rubber Co, launched radial OTR range under its brand Galaxy which offer better performance, excellent stability, and optimal traction, sturdy construction with customized tread designs, minimum heat build-up, and strong carcass protection..
Some of the other players that are also part of study are Sumitomo Rubber Industries (Japan), Zhongce Rubber Group Co., Ltd. (China), Nokian Tyres (Finland), Hankook (South Korea) and Maxxis (Taiwan). The Global Auto Tyre market is gaining huge competition due to involvement of Japan companies that constantly invest in research & development to meet market expectation with new innovation.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Auto Tyre market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Auto Tyre market.
Identification of total players or companies operating in the global market which is further concentrated to a fewer or most impacting players which is considered under the reports scope. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Auto Tyre, Distributors of Auto Tyre, Technology Support Providers, Governmental Bodies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.