Goodyear Tires is a leading tire manufacturer based in the United States. Goodyear manufactures, distributes and sells Image Masking tires for trucks, buses, two-wheelers, cars, agricultural vehicles and aircraft. With nearly 64,000 employees, the company is present in 48 sites in 22 countries. The company also manufactures rubber chemicals for various commercial and Image Masking industrial applications. The company recorded annual revenue of USD 16 billion in 2016 and expects a growth rate of more than 12% over the next few years.
The company plans to focus on the premium tire market which is expected to grow in the coming years. The company markets its Image Masking tires in almost every country in the world and focuses primarily on the United States and Europe, where it derives most of its business. Goodyear also has the merit of being the largest tire supplier to the popular Formula 1 motor racing event. Contents Goodyear Tire SWOT Analysis Highlights Goodyear Tire SWOT Analysis Weaknesses Opportunities in Image Masking Goodyear Tire SWOT Analysis.
Threats in the SWOT analysis of Goodyear tires Goodyear Tire SWOT Analysis Highlights Strengths are defined as what each Image Masking company does best in its range of operations, which can give it an edge over competitors. Here are Goodyear's highlights: Focus on high-growth segments: Goodyear has aligned its portfolio of products such as the Eagle F1 All-Season, Wrangler Image Masking SRA and Assurance Fuel Max with high-growth segments that are profitable for them. This guarantees a constant return on investment.