DUBLIN, Ireland, April 23, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/7w7234/motorhome_tire) has announced the addition of the "Motorhome Tire Market in Europe 2014-2018" report to their offering.
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The analysts forecast the Motorhome Tire market in Europe to grow at a CAGR of 2.49 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for motorhome tires from the UK, Germany, and France. The Motorhome Tire market in Europe has also been witnessing the increase in usage of winter tires. However, the slow growth of the leisure vehicles could pose a challenge to the growth of this market.
The report, the Motorhome Tire market in Europe 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe; it also covers the Motorhome Tire market in Europe landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
- Compagnie Generale des Etablissements Michelin SCA
- Continental AG
- Pirelli & C. S.p.A.
For more information visit http://www.researchandmarkets.com/research/7w7234/motorhome_tire
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets