Passenger Car Tires Market in Japan 2015-2019
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Transcript of Passenger Car Tires Market in Japan 2015-2019
Covered in this Report• This report covers the present scenario and the
growth prospects of the passenger car tires market in Japan for the period 2015-2019.
• The report also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market.
• In addition, it discusses the major drivers that influence the growth of the passenger car tires market in Japan.
• It also outlines the challenges faced by the industry, as well as the key trends emerging in the market.
Passenger Car Tires Market in Japan
2015-2019
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Market Overview• The history of tires dates back to the mid-1800s,
during which only rubber tires, best known as solid tires, were used.
• Advances in technology led to the replacement of solid tires with pneumatic tires.
• They were first used in automobiles by the Michelin brothers who went on to become one of the prominent tire vendors in Europe.
• Over time, the tires market has witnessed new breakthroughs in technology and the entry of many vendors.
• The passenger car tires market in Japan is estimated to grow at a CAGR of 4.33% during the forecast period.
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Key Vendors and Regions
• Bridgestone Corporation
• Japan Michelin Tire Co., Ltd.
• Sumitomo Rubber Industries, Ltd.
• The Yokohama Rubber Co., Ltd.
• Toyo Tire & Rubber Co., Ltd.
View Our Report: Passenger Car Tires Market in Japan 2015-2019
• Japan
Vendors Regions
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Key Findings
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• The passenger car tires segment is the most critical segment for tire manufacturers in Japan.
• In terms of sales, it covers more than 70% of total tire sales volume for the Japanese market.
• Japan has been home to some of the major tire manufacturers, such as Bridgestone, Sumitomo, and Yokohama.
• As these tire manufacturers have a presence in multiple countries, they develop and innovate products that cater not only to the Japanese market but also to consumers worldwide.
• Both the OEM and replacement tire segments in Japan have been growing over the past few years, barring the years of global economic recession and the natural disaster of 2011.
• With growth in the mini car segment, the focus of tire manufacturers has shifted more toward manufacturing tires with a relatively shorter wheelbase diameter.
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?
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Passenger Car Tires Market in Japan 2015-2019
77 Pages | SKU: IRTNTR6669
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