Automotive tire market Industry Size, Growth & Forecast to 2023 Automotive tire PDF file... | Page 3
in 2017 and 2016 respectively. The passenger car segment includes Hatchback, Sedan, Coupe, and SUVs.
Europe has showed a growth of 2.6% in 2017 and Asia has showed a growth of 3.2% in 2017. Globally,
about three quarter of the total vehicle sales are passenger cars. In 2017, out of 29.1 million 4-wheeler
vehicles sold in China, 85% were passenger cars, similarly in India out of 4 million total 4-wheeler
vehicles, 80% are passenger cars. Factors that are motivating the passenger car market are wide
available price range, wide variety of model and increasing disposable income of the people in
developed & developing economies. Hence, a significant growth rate and market share will be observed
in the passenger car market during the forecast period.
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market :
Comprehensive research methodology of Global Automobile Tire Market.
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key
recommendations.
Analysis of regional regulations and other government policies impacting the
Global Automobile Tire Market.
Insights about market determinants which are stimulating the Global Automobile Tire Market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
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