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Top Five Global Automotive Tire Manufacturing Companies: Performance, Strategies, and Competitive Analysis, July 2012
The global automotive tire industry, after witnessing moderate growth during the last five years, is expected to reach an estimated $188 billion in 2017 with a CAGR of 4.1% over the next five years. The passenger car segment is forecast to experience the highest growth during 2012-2017. With improvement in economic conditions and increased vehicle production, good growth potential in the heavy truck tire segment is anticipated worldwide.
Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis of the top five global automotive tire manufacturing companies and presents its findings in
“Top Five Global Automotive Tire Manufacturing Companies: Performance, Strategies, and Competitive Analysis
”. The report makes a comparative analysis of the subject companies, their geographic footprints, financial metrics, market performance, marketing and corporate strategies, and presents a SWOT analysis.
The global automotive tire industry holds significant opportunities for industry players due to strong demand for replacement tires and increasing sales of passenger vehicles in developing countries. In 2011, Bridgestone Corporation earned the highest gross profit among the top five competitors, while Michelin SCA achieved the highest net profit. Pirelli & C. SpA depicted the highest revenue growth followed by Continental AG.
Lucintel’s analysts have identified that a loyal customer base and a strong global presence are the two major drivers of these companies. Stringent government standards and environmental legislation, in addition to the global financial slowdown, have affected the rubber and tire industry and could have a negative impact on the market dynamics.
In this study, Lucintel thoroughly profiles the following five companies with detailed competitive assessments:
The study provides up-to-date information on the market share, profit margins, capabilities, and strategies of the leaders. The report helps current suppliers realistically assess their capabilities and strategies versus leading competitors. It is designed to provide executives with strategically significant competitor information, data, analysis, and insight, critical to the development and implementation of effective marketing and sales plans.
This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business opportunities in global retail companies. In today’s chaotic economy, you need every advantage that you can find to keep ahead in your business.
In Lucintel's newest competitive research study on the world's automotive tire manufacturing companies, we thoroughly profile following five companies with detailed competitive assessments:
The Goodyear Tire & Rubber Company
Pirelli & C. SpA
The detailed analysis of each company offers a critical view into key strategic areas including:
Benchmarking (financial and market)
Marketing strategy and tactics
To make any investment, business, or strategic decisions, you need adequate and timely information. This market report fulfills this core need. This is an indispensable reference guide for industry executives who are dealing with the automotive tire industry. Some of the features of this multi-client market intelligence report are:
Market size estimates in terms of (US $) value by segments of the automotive tire manufacturing companies
Regional analysis: automotive tire manufacturing companies breakdown by key regions (North America, Europe, APAC, and ROW)
Market trends, drivers, and forecasts
Competitive benchmarking of each players against their financial and market strength
Global and regional market share estimates for the top players
Product line overview and positioning of top players
SWOT analysis of the leaders
Marketing strategy and tactics
More than 125 valuable figures/charts and 45 tables are provided in this report.
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