Frequently Asked Questions:
- What are the main threats in the market?
Suppliers in this market have moderate bargaining power due to low pressure from substitutes and moderate threat from new entrants.
- What is the expected price variation on the market?
The Tires market is expected to have a CAGR of 3.54% during the period 2020-2024.
- Who are the main suppliers in the tire market?
Bridgestone Corp., Compagnie GÃ©nÃ©rale des Ãtablissements Michelin, The Goodyear Tire & Rubber Co., Continental AG, Pirelli & CSpA, Sumitomo Rubber Industries Ltd., Hankook Tire & Technology Co. Ltd., The YokohamaRubber Co. Ltd., Cheng Shin Rubber Ind. Co. Ltd. and ZC-Rubber are among the main players in the market.
- What are the pricing models followed by buyers?
Contract-based pricing, cost-plus pricing, and volume-based pricing are the pricing models widely adopted in the purchase of commercial vehicle cabs.
- What will be the additional expenses for tires?
The purchasing market will record additional expenditure of around 46 billion dollars, in 2020-2024.
- What is the expected CAGR of the Tires market?
The Tires market will grow at a CAGR of around 3.54% during the period 2020-2024.
SpendEdge offers three forecast scenarios (optimistic, probable and pessimistic) given the impact of COVID-19. SpendEdge’s extensive research has had a direct and indirect impact on COVID-19 market research reports.
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To access the definitive buying guide on the Tires that answer all your key questions about price trends and analysis:
- The best pricing models on the market
- What are the factors behind the price changes?
- Modification of price forecasts
- How should the price forecast change? What is driving current and future price changes?
- Key trends and drivers of this market
- Market Snapshot
- Category pricing information
- Cost reduction opportunities
- Best practices
- Ecosystem Category
- Category management strategy
- Category management facilitators
- Selection of suppliers
- Covered suppliers
- US Market Snapshot
- Scope of the category
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