|By PR Newswire||
|April 15, 2014 06:59 PM EDT||
DUBLIN, Ireland, April 15, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/hhmd7c/winter_tire) has announced the addition of the "Winter Tire Market in the US 2014-2018" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The analysts forecast the Winter Tire market in the US to grow at a CAGR of 3.85 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing safety concerns. The Winter Tire market in the US has also been witnessing the emergence of high-performance. However, the increasing popularity of all-season tires could pose a challenge to the growth of this market.
The report, the Winter Tire Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the Winter Tire market in the US market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The Winter Tire market in the US is expected to witness the emergence of high-performance winter tires in the US in the coming years. For instance, many tire manufacturers have introduced new eco-friendly winter performance tires for the US market. The Winter i*cept evo by Hankook Tire Worldwide Co. Ltd. is specifically designed with an enhanced tread compound for better performance in all winter conditions for upper mid-size to prestige vehicles, luxury limousines, and medium to big sports utility vehicles. The market is expected to witness more innovations in the coming years.
According to the report, one of the main drivers in this market is the increasing safety concern. The increased public awareness about passenger safety and the increasing concern in this regard among customers, government, and automobile manufacturers is propelling the growth of this market.
Further, the report states that one of the main challenges in this market is the increasing popularity of all-season tires. This is expected to have a negative impact on the sales of winter tires and consequently on the Winter Tire market in the US.
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 vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by End-users
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
- Bridgestone Corp.
- Compagnie Generale des Etablissements Michelin SCA
- Cooper Tire & Rubber Co
- The Goodyear Tire and Rubber Co.
- Continental AG
- Hankook Tire Worldwide Co. Ltd.
- Falken Tire Corp.
- Pirelli & C. SpA.
For more information visit http://www.researchandmarkets.com/research/hhmd7c/winter_tire
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets