Research and Markets (http://www.researchandmarkets.com/research/c5m4pl/motorhome_tire) has announced the addition of the "Motorhome Tire Market in Europe 2014-2018 with Michelin, Continental Pirelli Dominating" report to their offering.
The increase in usage of winter tires due to government regulations in various countries in Europe is driving the Motorhome Tire market in Europe. The use of winter tires is a legal requirement during winter months, particularly from November to mid-April or if snow or slush is present on road surfaces, and failure to comply with the regulations can result in a penalty. In recent years, various countries in Europe, such as Italy and Romania, have adopted new legislation and countries such as France and Belgium are discussing the introduction of new legislation, while countries such as Germany and the Czech Republic have strengthened their existing winter tire laws. All European countries require winter tires to be fitted under certain conditions or vehicle owners to use equipment appropriate to the conditions.
According to the report, the Motorhome Tire market in Europe is driven by several factors, the main driver being the increasing demand for motorhome tires from the UK, Germany, and France. The high share of motorhomes in these countries has a positive impact on the sales of tires, and, thus, on the market in Europe.
Further, the report states that one of the main challenges in this market is the slow growth of the Leisure Vehicles market, which will have a negative impact on the sales of tires, and, consequently, on the market in Europe.
Key vendors dominating this space include:
- Compagnie Generale des Etablissements Michelin SCA
- Continental AG
- Pirelli C. S.p.A.
Key questions answered in this report:
- What will the market size be in 2018 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?
For more information visit http://www.researchandmarkets.com/research/c5m4pl/motorhome_tire
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Sector: Tyres