LONDON, Aug. 7, 2017 /PRNewswire/ -- Singapore tire market is projected to grow to over $ 0.23 billion by 2022. Growing automobile sales and increasing per capita income are the major factors boosting demand for tires across the country. Passenger car segment accounted for the largest share in Singapore tire market in 2016, and the segment is expected to maintain its leading position during the forecast period as well, owing to recovering sales of passenger cars in the country.
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According to TechSci Research report "Singapore Tire Market Forecast & Opportunities, 2012-2022", some of the major players operating in Singapore are Michelin Asia (Singapore) Co Pte Ltd, Continental Automotive Singapore Pte Ltd, Pirelli Asia Pte Ltd, Bridgestone Tyre Sales Singapore Pte. Ltd., Hankook Tire Singapore PTE., Ltd., Goodyear Orient Company (Private) Limited, Dunlop Tyre, TOYO Tire & Rubber Company, Giti Tire Pte. Ltd., Stamford Tyres Corporation Limited, etc. "Singapore Tire Market Forecast & Opportunities, 2012-2022" discusses the following aspects of tire market in Singapore:
- Singapore Tire Market Size, Share & Forecast
- Segmental Analysis – By Vehicle Type (Passenger Car, Medium & Heavy Commercial Vehicle, Light Commercial Vehicle, Two-Wheeler & Off-The-Road); By Demand Category (OEM Vs. Replacement); and By Radial Vs. Bias
- Policy & Regulatory Landscape
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
- To gain an in-depth understanding of Singapore tire market
- To identify the on-going trends and anticipated growth in the next five years
- To help industry consultants, tire companies and other stakeholders align their market-centric strategies
- To obtain research based business decisions and add weight to presentations and marketing material
- To gain competitive knowledge of leading market players
- To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer's specific needs
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with tire manufacturers, distributors, retailers, dealers and industry experts. Secondary research included an exhaustive search of relevant publications, such as company annual reports, financial reports and proprietary databases.
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