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www.technavio.com enquiry@technavio .com Passenger Car Tires Market in the UK 2015-2019

Passenger Car Tires Market in the UK 2015-2019

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Passenger Car Tires Market in the UK 2015-2019

Covered in this Report• Based on distribution channel, the passenger car tires

market in the UK can be segmented into two: OEM and replacement.

• To calculate the market size, the report considers revenue generated through the combined sales of tires from these two segments.

• Technavio's report, Passenger Car Tires Market in the UK 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.

Passenger Car Tires Market in the UK

2015-2019

USA – CANADA – UK – CHINA – INDIA

Market Overview

• The automotive industry in the UK is one of the critical industries as it contributes around 4% to the UK's GDP.

• The global economic recession of 2008-209 had negatively impacted this industry and was further affected by the eurozone crisis.

• The industry experienced the negative effects of such incidents only for a short term.

• Post the recession, the scenario has changed completely, and the industry is growing at a rapid rate, creating thousands of jobs, and attracting more investments from automakers.

• Technavio's analysts forecast the passenger car tires market in the UK to grow at a CAGR of 2.98% over the period 2014-2019.

To know more aboutPassenger Car Tires Market

in the UK 2015-2019,please mail us at

[email protected]

USA – CANADA – UK – CHINA – INDIA

Key Findings

USA – CANADA – UK – CHINA – INDIA

• There has been an increase in focus nowadays on environmental protection by governments and authorities worldwide.

• Being a key industry, the automotive industry too is subject to the emissions regulations adopted worldwide.

• Over time, manufacturers have been focusing on reducing vehicle weight, alternate drivetrains, and changes in tire tread patterns and designs to ensure their contribution to reducing harmful emissions.

• To that end, the concept of eco-friendly tires has been gaining popularity.

• The concept of eco-friendly tires deals with the environmental effects of the tire manufacturing process, the impact tires have on the environment during their life, and the effect of tires on the environment after they are disposed.

• Tire manufacturers are trying to focus on raw materials, rolling resistance, and recycling of tires to reduce the impact on the environment.

Key Questions Answered in Our 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?

Have a question of your own about this report?

Ask our Analysts

USA – CANADA – UK – CHINA – INDIA

• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

USA – CANADA – UK – CHINA – INDIA

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USA – CANADA – UK – CHINA – INDIA