Commercial Vehicle Tires Global Market by Vehicle Type & Data Validation, Trends, Analysis and Forecasts to 2023

Growing developments in construction sector, revival of mining industry, huge spending on infrastructure construction projects and mining activities are some key factors fostering the market growth. Moreover, emergence of self-inflating tires is one of the most recent trends that will gain traction in the global market.

Amongst Vehicle Types, Light commercial vehicle (LCVs) segment acquired largest market share during the forecast period. The growth is due to high growth in e-commerce logistics and transportation industries. In addition, the sales of these vehicles are increasing around the globe due to the availability of attractive financing programs. Asia Pacific will be the main revenue contributor to the market. The region has a high demand for trucks owing to the increasing number of industrial activities and water distribution network which will then increase the demand for the market.

For more information @ http://www.reportsweb.com/commercial-vehicle-tires-global-market-outlook-2017-2023

Some of the key players in the market include Bridgestone, Pirelli & C. S.p.A., The Yokohama Rubber Co., Ltd., Hankook Tire Co. Ltd., Sumitomo Rubber Industries, Ltd., Continental Aktiengesellschaft, MRF Limited, Apollo Tyres Ltd., Michelin, Triangle Tyre Co. Ltd., Toyo Tire & Rubber Company, The Goodyear Tire & Rubber Company, Kumho Tire Co., Inc., JK Tyre & Industries Ltd., Giti Tire Pte Ltd. and Bridgestone Corporation.

Vehicle Types Covered:
-Medium and heavy commercial vehicle (M&HCVs)
-Light commercial vehicle (LCVs)

Request Sample Copy http://www.reportsweb.com/inquiry&RW0001888471/sample

Regions Covered:
-North America
- US
- Canada
- Mexico
-Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
-Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- Rest of Asia Pacific
-Rest of the World
- Middle East
- Brazil
- Argentina
- South Africa
- Egypt

Make an enquiry: http://www.reportsweb.com/inquiry&RW0001888471/buying

Contact Us:
Call: +1-646-491-9876
Email: sales@reportsweb.com

ReportsWeb.com is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers. We provide best in class customer service and our customer support team is always available to help you on your research queries.

505, 6th floor, Amanora Township,
Amanora Chambers, East Block,
Kharadi Road, Hadapsar, Pune-411028

This release was published on openPR.