DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qp2j95/low_rolling) has announced the addition of the "Low Rolling Resistance Truck and Bus Radial Tire market in Europe 2015-2019" report to their offering.
One major trend in the market is the intense competition among vendors. The major global vendors such as Michelin, Bridgestone, and Goodyear have strong presence in all segments and compete intensely to gain bigger shares in the market in Europe. These global players have to face intense competition from local vendors and also from the low-cost Chinese products available in the market.
According to the report, one of the main drivers in this market is the compliance with stringent fuel efficiency standards. Light trucks with footprints of 75 sq. ft. were required to have a fuel economy of 22 miles per gallon in 2012, with a mandated increase to 23.5 miles per gallon by 2015 and 25 miles per gallon by 2020.
The cost of these tires makes it difficult for automobile manufacturers to keep their product prices low. In such a situation, they have to choose between keeping their profit margins low and shifting the pressure onto end-users.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Low Rolling Resistance Truck and Bus Radial Tire Market in Europe by Raw Material
08. Segmentation Based on Manufacturing Cost
09. Geographical Segmentation
10. Key Leading Countries
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
20. Other Reports in this Series
Companies Mentioned:
- Apollo Vredestein
- Bridgestone
- Continental
- Falken Tire
- Hankook Tire Worldwide
- Kumho Tire
- Maxxis International
- Michelin Group
- Nokian Tyres
- Pirelli & C.
- Sumitomo Rubber Industries
- The Goodyear Tire and Rubber
- Toyo Tire & Rubber
- YokohamaRubber
For more information visit http://www.researchandmarkets.com/research/qp2j95/low_rolling
