Ultra High Performance (UHP) Tire Market to Cross $ 43 Billion by 2023
Growing demand for high performance
vehicles and increasing inclination of tire manufacturers towards UHP tires
coupled with rising adoption of UHP tires by automakers to drive global UHP
tire market through 2023
According to TechSci Research report, “Global
Ultra High Performance (UHP) Tire Market By Vehicle Type, By Tire Type, By
Demand Category, By Region, Competition Forecast & Opportunities, 2013 –
2023”, the global UHP tire market is
projected to surpass $ 43 billion by 2023. Anticipated growth in the global UHP
tire market can be attributed to increasing consumer demand for high
performance vehicles and tires that can provide comfort even at high speed and
over bumpy areas. Growing sales of premium vehicles and increasing preference
for UHP tires among OEMs would positively influence the global UHP tire market
in the coming years.
Browse 171 Figures spread through 256 Pages and an
in-depth TOC on "Global Ultra High Performance (UHP) Tire Market"
https://www.techsciresearch.com/report/ultra-high-performance-uhp-tire-market/2086.html
According to a consumer survey by TechSci Research, Pirelli,
Continental and Michelin are the most recognized UHP tire brands across the
globe. These UHP tire brands are placed at the top in terms of satisfaction
level among customers with respect to lifetime, vehicle compatibility and performance
of tires. North America and European regions account for the largest share in
the global UHP market, backed by huge fleet size of performance vehicles, SUVs &
CUVs in these regions. Also, summer & all-season tires are the most
preferred tire types in the global UHP tire market, as they deliver precise
response in dry and wet conditions.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=2086
Customers can also request for 10% free customization
on this report.
“Michelin, Bridgestone, Goodyear, Continental,
Hankook and Pirelli are few of the market leaders in the global UHP tire market.
Their continued investments are anticipated to
intensify the market competition across the globe in the coming years.
Moreover, growing demand for high performance vehicles and comfortable ride
quality coupled with focus of several major tire manufacturers on increasing the
production of UHP tires would significantly boost UHP tire sales, globally, during
the forecast period”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Global Ultra High Performance (UHP) Tire
Market By Vehicle Type, By Tire Type, By Demand Category, By Region,
Competition Forecast & Opportunities, 2013 – 2023” has analyzed the potential of UHP tire market across the
globe, and provides statistics and information on market size, shares and
trends. The report will suffice in providing the intending clients with
cutting-edge market intelligence and help them in taking sound investment
decisions. Besides, the report also identifies and analyzes emerging trends
along with essential drivers and key challenges faced by the global UHP tire market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium market research
reports. Serving 700 global clients with more than 600 premium market research
studies, TechSci Research is serving clients across 11 different industrial
verticals. TechSci Research specializes in research-based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]