Global Automotive High-performance Tires Industry Overview
High-performance tires are designed to deliver optimum performance and driving characteristics compared with conventional tires. These tires offer performance benefits in the form of high-speed driving, responsiveness off the road, and greater traction for better control. Automotive high-performance tires are made of a soft rubber compound that help them in maintaining superior grip with the road surface as they feature wider section width, which offers a greater surface area for contact with the road surface. These tires offer higher heat dispersion, which avoids high-temperature build-up at high speeds. Additionally, high-performance tires offer reduced stopping distance while braking sharply. The high-performance tires work better with the onboard advanced systems such as anti-lock braking system, traction control system, electronic stability control, and electronic brakeforce distribution. All these factors are driving the demand for high-performance tires among end-consumers, owing to which the automotive high-performance tires market growth is increasing.
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Companies covered
The automotive high-performance tires market is slightly fragmented since the market has a number of companies. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive high-performance tire industry analysis report will aid clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of automotive high-performance tires manufacturers including:
- Bridgestone
- Continental
- MICHELIN
- Pirelli & C
- The Goodyear Tire & Rubber
- THE YOKOHAMA RUBBER
Automotive high-performance tires market growth based on geographic region:
With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in EMEA will contribute to the highest share of this automotive high-performance tires market. However, the countries in the APAC will register the maximum growth during the forecast period.
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Key highlights of the global automotive high-performance tires market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the automotive high-performance tires market during the next five years
- Precise estimation of the global automotive high-performance tires market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the automotive high-performance tires industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive information about factors that will challenge the growth of automotive high-performance tires companies
This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global automotive high-performance tires market and its stakeholders over the forecast years. The global automotive high-performance tires market analysts at Technavio have also considered how the performance of other related markets in the vertical will impact automotive high-performance tires market size till 2023.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Sports car - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Innovations in automotive high-performance tires market
- Increased product portfolio of eco-friendly tires
- Developments in tire retreading market
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Bridgestone
- Continental
- MICHELIN
- Pirelli & C
- The Goodyear Tire & Rubber
- THE YOKOHAMA RUBBER
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape