Press release
Demand for Commercial Vehicles Strengthening Indian CV Tyre Industry

The potential market for commercial vehicle tyres is anticipated to grow at a CAGR of 15% during FY 2012-2015, says RNCOS.
Though the commercial vehicles’ production is one of the lowest among all automobile segments in India, it constitutes a significant share in the tyre industry. The prices of commercial vehicle tyres are considerably higher as compared to other vehicles’ tyres. Also, these vehicles require more number of tyres than passenger carriers. Due to such attributes, commercial vehicles tyre segment has greater market potential than other divisions.
Further, the report by RNCOS has critically evaluated the factors responsible for the growth of Indian commercial vehicle industry, with special focus to the present and past market trends. The report offers detailed analysis of production, sales and exports of passenger and goods carrier commercial vehicles. It also studies the related industries, such as auto-component and used commercial vehicle industry to have a complete understanding of the market. Additionally, the report provides regional analysis of the industry. Thus, it is intended to help the clients understand the market potential and future growth prospects of the Indian commercial vehicle industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM259.htm
Some of our Related Reports are:
- Two-wheeler Market in India (http://www.rncos.com/Report/IM364.htm)
- Used Car Market in India (http://www.rncos.com/Report/IM360.htm)
- India CNG Vehicle Market Analysis (http://www.rncos.com/Report/IM359.htm)
- Indian Tyre Industry Analysis (http://www.rncos.com/Report/IM267.htm)
- Vietnam Automobile Forecast 2014 (http://www.rncos.com/Report/IM348.htm)
Check Related REPORTS on: http://www.rncos.com/Transportation.htm
About RNCOS
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.
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