The analysts forecast the Tire market in South Africa will grow at a CAGR of 8.24 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing purchasing power of consumers. The Tire market in South Africa has also been witnessing the growing adoption of Tire Pressure Monitoring System. However, labor issues could pose a challenge to the growth of this market.
The report, the Tire Market in South Africa 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Tire market in South Africa landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this space are Apollo Tyres Ltd., Bridgestone Corp., Continental AG, and The Goodyear Tire and Rubber Co.
The other vendors mentioned in the report are Compagnie Generale des Etablissements Michelin SCA, Cooper Tire and Rubber Co., Hankook Tire Co. Ltd., Pirelli and C. S.p.A., Sumitomo Rubber Industries Ltd., and Yokohama Rubber Co. Ltd.
Key questions answered in this report:
- What will the market size be in 2018 and what will be the growth rate?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of each of these key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details provided within the report.
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast by Revenue
06.3 Market Size and Forecast by Volume
06.4 Five Forces Analysis
06.5 PEST Analysis
06.5.1 Political Analysis:
06.5.2 Economic Analysis
06.5.3 Social Analysis
06.5.4 Technological Analysis
07. Buying Criteria
08. Market Growth Drivers
09. Drivers and their Impact
10. Market Challenges
11. Impact of Drivers and Challenges
12. Market Trends
13. Trends and their Impact
14. Vendor Landscape
14.1 Competitive Scenario
14.2 Market Share Analysis 2013
14.3 Other Prominent Vendors
15. Key Vendor Analysis
15.1 Apollo Tyres Ltd.
15.1.1 Business Overview
15.1.2 Business Segmentation
15.1.3 Key Information
15.1.4 SWOT Analysis
15.2 Bridgestone Corp.
15.2.1 Business Overview
15.2.2 Business Segmentation
15.2.3 Revenue Segmentation
15.2.4 Key Information
15.2.5 SWOT Analysis
15.3 Continental AG
15.3.1 Business Overview
15.3.2 Revenue Segmentation
15.3.3 Key Information
15.3.4 SWOT Analysis
15.4 The Goodyear Tire and Rubber Co.
15.4.1 Business Overview
15.4.2 Business Segmentation
15.4.3 Unit Shipment
15.4.4 Key Information
15.4.5 SWOT Analysis
16. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Tire Market in South Africa 2013-2018 (US$ billion)
Exhibit 3: Tire Market in South Africa 2013-2018 (million units)
Exhibit 4: PEST Analysis of Tire Market in South Africa 2013
Exhibit 5: Tire Market in South Africa by Vendor Share
Exhibit 6: Business Segmentation of Apollo Tyres Ltd.
Exhibit 7: Business Segmentation of Bridgestone Corp.
Exhibit 8: Revenue of Bridgestone Corp. by Product 2012
Exhibit 9: Continental Revenue by Segment 2012
Exhibit 10: Business Segmentation of The Goodyear Tire and Rubber Co. by Geography
Exhibit 11: Unit Shipment of The Goodyear Tire and Rubber Co. by Product Segmentation 2013
Commenting on the report, an analyst from the team said: “A TPMS is an electronic device used to monitor the air pressure in pneumatic tires. These systems are beneficial in reporting real-time tire pressure information to the vehicle driver. The messages are usually conveyed via a gauge, pictogram, or a warning light. They are adopted by OEMs and are also provided as an aftermarket solution. TPMS play an important role in reducing accidents caused by under-inflated tires, and hence are witnessing increasing adoption among users.”
According to the report, one of the major drivers in the market is the increasing purchasing power of the people in South Africa. South Africa is witnessing a huge improvement in its economic growth as well as increased investments from numerous automotive majors.
Further, the report states that one of the main challenges in this market is the country's labor issues, leading to increased days lost because of strikes. The country has one of the worst strike records, with strikes having a negative impact on the country's GDP.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Apollo Tyres Ltd.
- Bridgestone Corp.
- Continental AG
- The Goodyear Tire and Rubber Co.
- Compagnie Generale des Etablissements Michelin SCA
- Cooper Tire and Rubber Co.
- Hankook Tire Co. Ltd.
- Pirelli and C. S.p.A.
- Sumitomo Rubber Industries Ltd.
- and Yokohama Rubber Co. Ltd.