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MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET FORECAST 2018-2026

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MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET FORECAST 2018-2026

The automotive high-performance tire market in the Middle East and Africa is expected to grow over the forecast period of 2018-2026 at a CAGR of 13.01%.  Market surge is being driven by a variety of factors such as rapid urbanization and growing infrastructural & industrial development in the economies across the region.

MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET FORECAST 2018-2026

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The automotive high-performance tire market in the Middle East and Africa is expected to grow over the forecast period of 2018-2026 at a CAGR of 13.01%.  Market surge is being driven by a variety of factors such as rapid urbanization and growing infrastructural & industrial development in the economies across the region.

In the recent years, the Middle East has emerged as the world’s most significant automotive markets. The rising demand for high-end and luxury vehicles is expected to create a demand for automotive high-performance tires. The regions covered in this report include South Africa, Saudia Arabia, UAE and the rest of the Middle East and Africa.  The UAE market is anticipated to register the highest CAGR over the forecast period. One of the key drivers for this market has been the booming tourism sector in UAE, which has increased the number of luxury and premium cars owned by the hotel owners to provide a luxurious travel experience to the customers. Overall, the Middle East and Africa automotive high-performance tire market has been segmented on the basis of verticals, end-users and tire types.

Inkwood Research has profiled market companies like Hankook Tires, Goodyear Tire & Rubber Company, Bridgestone Corporation, Yokohama Rubber Co., Ltd, Michelin, Cooper Tire & Rubber Company, Sumitomo Tires, Continental Ag, Pirelli & C.Spa, Kumho Tires Inc, and MRF for this market.

 

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    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • ASIA PACIFIC EMERGES AS THE FASTEST GROWING REGION
        • INDIA EMERGES AS THE FASTEST GROWING COUNTRY
        • RISE IN DEMAND OF HIGH-PERFORMANCE TIRES IN RACING VEHICLES
        • GROWING USAGE OF RACING SLICK/SLICK TIRES
        • NORTH AMERICA LEADS THE MARKET SHARE IN THE HIGH-PERFORMANCE TIRE MARKET
    1. MARKET DYNAMICS
      • MARKET DEFINITION
      • MARKET DRIVERS
        • RISE IN POPULARITY OF VARIOUS RACING COMPETITIONS
        • RECYCLING OF TIRES
        • IMPROVEMENTS AND INNOVATIONS
      • MARKET RESTRAINTS
        • LIMITATIONS TO END USERS
        • HIGH COST OF TIRES
      • MARKET OPPORTUNITIES
        • REINTRODUCTION OF SLICK TIRES
      • MARKET CHALLENGES
        • STRINGENT GOVERNMENT REGULATIONS
        • PREMIUM PRICING
    1. MARKET BY TIRE TYPE
      • RACING SLICKS
      • TREAD TIRES
    2. MARKET BY VEHICLE
      • RACING VEHICLES
        • FORMULA CAR RACING
        • SPORTS CAR RACING
        • TOURING CAR RACING
      • PASSENGER VEHICLES
      • OTHERS
    3. MARKET BY END USER
      • OEMS
      • REPLACEMENT/ AFTERMARKET
    4. . KEY ANALYTICS
      • PORTER’S FIVE FORCE ANALYSIS
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTES
        • BARGAINING POWER OF BUYER
        • BARGAINING POWER OF SUPPLIER
        • INTENSITY OF COMPETITIVE RIVALRY
      • VENDOR’S LANDSCAPE
      • OPPORTUNITY MATRIX
    5. GEOGRAPHICAL ANALYSIS
      • MIDDLE EAST AND AFRICA (MEA)
        • SOUTH AFRICA
        • SAUDI ARABIA
        • UNITED ARAB EMIRATES (UAE)
        • REST OF MIDDLE EAST & AFRICA (MEA)
    1. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
      • CORPORATE STRATEGY
      • COMPANY PROFILE
        • BRIDGESTONE CORPORATION
        • CONTINENTAL AG
        • COOPER TIRE & RUBBER COMPANY
        • GOODYEAR TIRE & RUBBER COMPANY
        • KUMHO TIRES INC.
        • MICHELIN
        • MRF
        • PIRELLI & C.SPA
        • SUMITOMO TIRES
        • YOKOHAMA RUBBER CO., LTD.
        • HANKOOK TIRES

    TABLE LIST

    TABLE 1 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET 2018-2026 (USD BILLION)

    TABLE 2 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE BY TIRE TYPE 2018-2026 (USD BILLION)

    TABLE 3 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY VEHICLE TYPE 2018-2026 (USD BILLION)

    TABLE 4 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY RACING VEHICLE TYPE, 2018-2026 (USD BILLION)

    TABLE 5 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY END USERS 2018-2026 (USD BILLION)

    TABLE 6 VENDOR’S LANDSCAPE

    TABLE 7 OPPORTUNITY MATRIX

    TABLE 8 2018 FIA FORMULA ONE WORLD CHAMPIONSHIP SCHEDULE

    TABLE 9 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY COUNTRY 2018-2026 (USD BILLION)

    TABLE 10 STRATEGIES INVOLVED IN AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET

     

    FIGURE LIST

    FIGURE 1 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY VEHICLE TYPE, 2017 & 2026 (USD BILLION)

    FIGURE 2 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY RACING VEHICLE 2018-2026 (USD BILLION)

    FIGURE 3 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY RACING SLICKS 2018-2026 (USD BILLION)

    FIGURE 4 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY TIRE TYPE, IN 2017 & 2026 (IN %)

    FIGURE 5 MIDDLE EAST & AFRICA HIGH-PERFORMANCE TIRE MARKET BY RACING SLICKS 2018-2026 (USD BILLION)

    FIGURE 6 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY TREAD TIRE 2018-2026 (USD BILLION)

    FIGURE 7 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY VEHICLE TYPE, 2017 & 2026 (IN %)

    FIGURE 8 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET SHARE, BY RACING VEHICLES (2017)

    FIGURE 9 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY FORMULA CAR RACING 2018-2026 (USD BILLION)

    FIGURE 10 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY SPORTS CAR RACING 2018-2026 (USD BILLION)

    FIGURE 11 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY TOURING CAR RACING 2018-2026 (USD BILLION)

    FIGURE 12 MIDDLE EAST & AFRICA ALL VEHICLE PRODUCTION STATISTICS, 2013-17 (IN UNITS)

    FIGURE 13 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY PASSENGER VEHICLES TYPE 2018-2026 (USD BILLION)

    FIGURE 14 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY OTHER VEHICLES 2018-2026 (USD BILLION)

    FIGURE 15 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY END USERS, 2017 & 2026

    FIGURE 16 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY OEM 2018-2026 (USD BILLION)

    FIGURE 17 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET BY REPLACEMENT 2018-2026 (USD BILLION)

    FIGURE 18 PORTER’S FIVE FORCE ANALYSIS

    FIGURE 19 MIDDLE EAST & AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET, COUNTRY OUTLOOK, 2017 & 2016 (IN %)

    FIGURE 20 SOUTH AFRICA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET 2018-2026 (USD BILLION)

    FIGURE 21 SAUDI ARABIA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET 2018-2026 (USD BILLION)

    FIGURE 22 UAE AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET 2018-2026 (USD BILLION)

    FIGURE 23 REST OF MEA AUTOMOTIVE HIGH-PERFORMANCE TIRE MARKET 2018-2026 (USD BILLION)

    FIGURE 24 MARKET SHARE ANALYSIS

    1. GEOGRAPHICAL ANALYSIS
      • MIDDLE EAST AND AFRICA (MEA)
        • SOUTH AFRICA
        • SAUDI ARABIA
        • UNITED ARAB EMIRATES (UAE)
        • REST OF MIDDLE EAST & AFRICA (MEA)
      • RACING SLICKS
      • TREAD TIRES
    2. MARKET BY VEHICLE
      • RACING VEHICLES
        • FORMULA CAR RACING
        • SPORTS CAR RACING
        • TOURING CAR RACING
      • PASSENGER VEHICLES
      • OTHERS
    3. MARKET BY END USER
      • OEMS
      • REPLACEMENT/ AFTERMARKET

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