Welcome!

News Feed Item

South Africa Tyre Market Forecast and Opportunities to 2019

DUBLIN, April 2, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/crvdfg/south_africa_tyre) has announced the addition of the "South Africa Tyre Market Forecast and Opportunities to 2019" report to their offering. 

     (Logo: http://photos.prnewswire.com/prnh/20130307/600769 )

According to South Africa Tyre Market Forecast & Opportunities to 2019, the South African tyre market is expected to witness phenomenal growth over the next five years due to the increasing exports and domestic sales of automobiles coupled with the demand for tyres in the replacement market. The tyre market in South Africa is projected to grow at a CAGR of around 9% during 2014-19. 

Increasing automobile exports and continuous launch of new vehicle models in the domestic market are driving the tyre industry in South Africa. Major global automobile manufacturers have established their production or assembly plants in the country to address the growing domestic and global demand. Also, South Africa has various trade agreements such as SADC (Southern African Development Community), EAC (East African Community), COMESA (Common Market for Eastern and Southern Africa) and BRICS, which have helped the country in establishing itself as a manufacturing base for automotive products. In 2013, South Africa also launched APDP (Automotive Production and Development Program) to support domestic manufacturing. Tyre sales in South Africa are mainly concentrated in three of the country's nine provinces that include Gauteng, the Eastern Cape and KwaZulu-Natal, due to the presence of major auto OEMs in these areas.

The presence of major auto OEMs is expected to drive the tyre demand in OEM as well as in replacement market due to presence of large vehicle parc in the country. Goodyear, Apollo, Continental and Bridgestone are the major tyre companies in the South African tyre market. 

Report Methodology 

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with tyre manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, government policy documents and proprietary databases. 

Key Topics Covered: 

1. Executive Summary
2. South Africa Tyre Market Outlook
3. South Africa Replacement Tyre Market Outlook
4. South Africa Passenger Car Tyres Market Outlook
5. South Africa Commercial Vehicle Tyres Market Outlook
6. South Africa OTR and Two Wheeler Tyres Market Outlook
7. Price Point Analysis
8. Raw Material Analysis
9. Market Dynamics
10. Policy & Regulatory Landscape
11. Market Trends & Developments
12. South Africa Economic Profile
13. Competitive Landscape
14. Strategic Recommendations
15. Research Methodology

Companies Mentioned:

  • Apollo Tyres South Africa (Pty) Limited
  • Bridgestone South Africa (Pty) Ltd.
  • Continental Tyre SA (Pty) Ltd.
  • Goodyear SA (Pty) Ltd.
  • Kumho Tyre Co. Inc.
  • Michelin Tyre Company South Africa
  • Pirelli Tyre (Pty) Ltd.
  • Sumitomo Rubber South Africa (Pty) Ltd.

For more information visit http://www.researchandmarkets.com/research/crvdfg/south_africa_tyre

Media Contact: Laura Wood, +353-1-481-1716, [email protected]

SOURCE Research and Markets

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2016 Silicon Valley. The 6thInternet of @ThingsExpo will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Most of us already know that adopting new cloud applications can boost a business’s productivity by enabling organizations to be more agile and ready to change course in our fast-moving and connected digital world. But the rapid adoption of cloud apps and services also brings with it profound security threats, including visibility and control challenges that aren’t present in traditional on-premises environments. At the same time, the cloud – because of its interconnected, flexible and adaptable...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...