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(Transportation-News.com, July 26, 2017 ) 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)
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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
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Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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