DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/r9pmvk/passenger_car) has announced the addition of the "Passenger Car Tires Market in France 2015-2019" report to their offering.
The report, Passenger Car Tires Market in France 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.
The automotive industry in France is among the leading automobile industry in Europe in terms of automobile production after Germany and Spain. France is home to the major automakers such as PSA Peugeot Citroen and Renault, and it is among the leading automotive market in the world.
To distinguish tires with ContiSeal technology, tires are marked clearly with a symbol on the sidewall. Tires with this technology are compatible with all commonly available rims. At a broader level, other manufacturers also have run-flat tires within their product portfolio. For instance, Bridgestone has developed DriveGuard, a line of run-flat tires that can work even after the air pressure within them drops. These tires can run up to 50 miles at a maximum speed of 50 mph.
According to the report, the collaborative efforts of companies have improved the taxi situation in Paris, and the number of chauffeur-driven cabs has increased considerably over time. There are now 17,600 licensed taxis in Paris, but the French capital has a dearth of cabs (VTCs). The concept of private cab services has been well received by consumers in Paris as they were tired of taxi drivers' monopoly. There is a sizeable opportunity to be tapped in this market, and companies are exploring ways to tap the potential of this market. An increase in cab services leads to new car sales as the fleet owners have to improve their fleet size. With the growing fleet size, the OEM market for tires is gaining growth momentum.
Further, the report states that the combined impact of the present economic conditions and the said change in consumer behavior is affecting the passenger car tires market in the country, especially the OEM tires market.
Key Vendors
- Apollo Vredestein
- Bridgestone Europe
- Continental
- Goodyear Dunlop (EMEA)
- Michelin
- Pirelli Tyres
Other Prominent Vendors
- Cooper Tire & Rubber
- Debica
- Hankook Tire Group
- Nankang Rubber Tire
- Nokian Tyres
- Syron Tires
For more information visit http://www.researchandmarkets.com/research/r9pmvk/passenger_car
