Japan Tyre Market Forecast and Opportunities, 2020
MUMBAI, February 3, 2015 /PRNewswire/ --
Japan automotive industry is one of the most prominent and largest industries in the world. Around 9% of Japan's working population is involved in auto industry-related work, either directly or indirectly. The country is home to four major tyre companies - Bridgestone Corporation, Sumitomo Rubber Industries, Toyo Tire & Rubber Company, and Yokohama Rubber Company, all of which specialize in manufacturing of tyres for a variety of vehicles. Due to exceptional performance of these companies at both domestic and global level, and development of new varieties of tyre, Japan tyre industry is growing at a significant pace. The country also hosts a number of large automobile manufacturers including Toyota, Honda, Daihatsu, Nissan, Suzuki, Mazda, Mitsubishi, Subaru, Isuzu, Kawasaki, Yamaha, and Mitsuoka. These companies hold a large share in global automotive market and are contributing to the surge in demand for tyres in Japan.
According to "Japan Tyre Market Forecast & Opportunities, 2020", Japan tyre market is estimated to surpass USD26 billion in 2015. Growing demand for small & mini passenger cars, high vehicle ownership and increasing demand for better quality tyres would influence Japan tyre market over the next few years. Passenger car tyre market is the dominant segment in the country's tyre market followed by light commercial vehicle tyre market and heavy commercial vehicle tyre market. Japan tyre market is predominantly a replacement driven market owing to large vehicle fleet and high vehicle ownership ratio. Prominent export markets for Japan tyre manufacturers are Europe, North America and Middle East. These regions account for more than half of the country's total tyre exports. On the other hand, Japan imports most of its tyres from major tyre manufacturing Asian countries like Thailand, Indonesia and Malaysia. Kanto and Kansai regions of Japan held a cumulative market share of more than 45%, in volume terms in 2014. Both these regions have high population growth and economic concentration which makes them the largest contributors to tyre sales in Japan. Kanto and Kansai regions are expected to remain dominant in the market over the forecast period. "Japan Tyre Market Forecast and Opportunities, 2020" discusses the following aspects:
- Japan Tyre Market Size, Share & Forecast
- Segmental Analysis - Passenger Car Tyres, Commercial Vehicle Tyres, Motorcycle Tyres & OTR Tyres
- Import & Export Analysis
- Policy and Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
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Why You Should Buy This Report?
- To gain an in-depth understanding of tyre market in Japan
- To identify the on-going trends and segment wise anticipated growth in the next five years
- To help industry consultants, tyre companies and other stakeholders to align their market-centric strategies
- To obtain research based business decision and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
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Table of Contents
- Research Methodology
- Product Definition and Market Segmentation
- Analyst View
- Japan Tyre Market Outlook
Tyre Production
By Vehicle Segment
By Plant Location
Market Size & Forecast
Market Share & Forecast
By Region
By Vehicle Type
By Company
By Demand Category (OEM & Replacement) - Japan Passenger Car Tyre Market Outlook
Market Size & Forecast
Market Share & Forecast
By Vehicle Type
By Demand Category (OEM & Replacement) - Japan Light Commercial Vehicle Tyre Market Outlook
Market Size & Forecast
Market Share & Forecast
By Vehicle Type
By Demand Category (OEM & Replacement) - Japan Heavy Commercial Vehicle Tyre Market Outlook
Market Size & Forecast
Market Share & Forecast
By Vehicle Type
By Demand Category (OEM & Replacement) - Japan OTR/Special Vehicle Tyre Market Outlook
Market Size & Forecast
Market Share & Forecast
By Vehicle Type
By Demand Category (OEM & Replacement) - Japan Two-Wheeler Tyre Market Outlook
Market Size & Forecast
Market Share & Forecast
By Demand Category (OEM & Replacement) - Japan Tyre Trade Analysis
Imports
Exports - Japan Tyre Market Raw Material Analysis
Japan Tyre Market Supply Chain Analysis
Japan Tyre Market Dynamics
Growth Drivers
Challenges - Policy & Regulatory Landscape
- Japan Tyre Market Trends & Developments
Green Tyre Technology
Printed Tyres
Tyre Pressure Management System (TPMS)
Consistent Growth in Vehicle Sales
Fuel Efficient Tyres - Japan Economic Outlook
- Strategic Recommendations
- About Us & Disclaimer
Companies Covered:
- Bridgestone Corporation
- Sumitomo Rubber Industries Limited
- Yokohama Rubber Company Limited
- Toyo Tires & Rubber Company Limited
- Kumho Tire Japan Inc
- Japan Michelin tire Co Ltd
- Japan Goodyear Inc
- Japan Pirelli Inc
- Hankook Tire Japan
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