israel tyre market by type 2020 brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Israel Tyre Market Forecast & Opportunities, 2020

© TechSci Research

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P r o d u c t O v e r v i e w

Product Definition

Global tyre supplier Michelin defines tyre as, “A precisely engineered assembly of rubber,chemicals, fabric, and metal, designed to provide traction, cushion road shock andcarry a load under varying conditions.”

Classification According to Vehicle Type

Vehicle Segment Sub-Segment Customer Segment

Passenger Car

Sedan

IndividualsSUV

Hatchback

Light Commercial Vehicle

Vans

Transportation & Logistics, Small Medium Enterprises (SMEs)

Pick Ups

Minibuses

Medium & Heavy Commercial Vehicle

3.6T-12.0T

Transport Companies, Logistics & Cargo

12.1T-15.9T

>16.0T

OTR (Off-the-Road) Vehicle

Mining

Farming, Mining & Quarrying Companies

Construction

Excavation

Two-Wheelers

< 125cc

Individuals126cc - 400cc

> 401cc

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T a b l e o f C o n t e n t s

S. No. Contents

1. Research Methodology

2. Analyst View

3. Product Overview

4. Israel Tyre Manufacturing Production Capacity

5. Israel Tyre Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type

5.2.2. By Company

5.2.3. By Region

6. Israel Passenger Car (PC) Tyre Market Outlook





7. Israel Off-The-Road (OTR) Tyre Market Outlook





8. Israel Light Commercial Vehicle (LCV) Tyre Market Outlook


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S. No. Contents




9. Israel Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook





10. Israel Two-Wheeler Tyre Market Outlook





11. Import-Export Analysis

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

13.1. Increasing Penetration of Chinese Tyres

13.2. Growing Retread Tyre Market

13.3. Rising Automotive Sales

13.4. Increasing Online Tyre Sales

13.5. Growing Value of Imported Tyres

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S. No. Contents

14. Policy & Regulatory Landscape

15. Israel Economic Profile

16. Competitive Landscape

16.1. Michelin SCA

16.2. Bridgestone Corporation

16.3. Hankook Tire Co. Ltd.

16.4. Toyo Tire & Rubber Co., Ltd.

16.5. Sumitomo Rubber Industries Ltd.

16.6. Giti Tire Pte. Ltd.

16.7. Goodyear Tire & Rubber Company

16.8. Alliance Tire Company Ltd.

16.9. Shandong Hengfeng Rubber & Plastic Co., Ltd.

16.10. Pirelli & C. S.p.A.

17. Strategic Recommendations

18. About Us & Disclaimer

R e s e a r c h M e t h o d o l o g y

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Baseline Methodology:

For the study, TechSci Research has gathered information through primary research surveys with leadingtyre suppliers based in Italy, and subsequently, verified information from major distributors ofautomobile tyres in the country. We also put through an exhaustive search of credible paid databasessuch as Business Week, Factiva, Hoovers, etc., including our internal database. Our team of analysts hasthen prudently evaluated all the collected information and presented the same in chronological order todepict a meaningful and clear picture of the tyre market in Israel.

While compiling the data, we have also cross checked all the collected information from multiple sourcesand data warehouses, so as to present the most accurate and precise information of the concernedindustry. We use innovative business model that focuses on improving productivity, which ensuringcreation of high-quality reports. The reports are prepared with in-depth primary research, followed byexhaustive secondary research.

Primary Research - Companies Interviewed

S. No. Company Name

1. Michelin SCA

2. Bridgestone Corporation

3. Sumitomo Rubber Industries Ltd.

4. Hankook Tire Co., Ltd.

5. Goodyear Tire & Rubber Company

Few of Sources of Secondary Research

S. No. Secondary Source

1. Central Bureau of Statistics (CBS)

2. Israel Tax Authority

3.International Organization of Motor

Vehicle Manufacturers (OICA)

4. UN Comtrade

5. World Bank


© TechSci Research

For the preparation of Israel tyre report, bottom up model has been used, which has been later on crossvalidated by using top down approach.

Tyre Production

TechSci Research has mapped production capacities of all the tyre manufacturing unit based in Israel.With the help of a series of primary research surveys of all the major tyre manufacturers distributing inIsrael, followed by cross validation through secondary sources such as company annual reports andindustry associations. TechSci Research has been successful in identifying the production capacities ofeach tyre plant as well as their respective plant locations, establishment dates and type of tyresmanufactured.

Vehicle Sales & Fleet Size

The basic data points that are needed for the analysis of Israel tyre market are the historical, current andforecast figures for vehicle sales and fleet size. As the country does not produce vehicles, data for fleetsize has been extracted through various government sources and credible data portals. TechSci Researchhas maintained a database for vehicle sales and fleet size for each vehicle segment (passenger cars, lightcommercial vehicle, medium & heavy commercial vehicles, two-wheelers & off-the-road vehicles), which isregularly updated through various primary research surveys and secondary sources such as automotiveassociations & government publications.

Tyre Demand

OEM Tyre Sales

There is no OEM tyre demand, due to absence of any automobile manufacturing facility in Israel.

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© TechSci Research

Replacement Tyre Sales

Replacement tyre demand of a particular country is directly dependent on country’s vehicle fleet size andhistorical vehicle sales. The replacement demand is therefore extracted by multiplying the vehicle fleet withthe replacement tyre ratio, which is obtained by conducting a series of surveys with car owners tounderstand the frequency of tyre replacement as it varies for different countries depending upon factorssuch as road conditions, climate, economic and regulatory policies applicable in a country. The replacementratio is expressed as a percentage; and is considered to be 100% if one tyre is replaced per vehicle peryear.

Example for Passenger Car replacement tyre demand calculation:

The calculated replacement tyre demand data is further analyzed by TechSci Research through Delphitechnique i.e. multiple rounds of telephonic interviews were conducted with tyre companies/dealers inIsrael. The information thus gathered through primary interviews was cross-verified through industryexperts and secondary sources such as annual reports and paid databases to generate meaningful results.

Total Tyre Market

Tyre Trade (Import & Export)

TechSci Research has analyzed tyre imports and exports in Israel. The data has been gathered throughgovernment agencies and credible paid databases. The total tyre trade has been segmented in accordancewith below mentioned HS codes:

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Passenger Car Fleet

Size (Volume)X

Replacement Ratio

(in %)X

No. of

Tyres=

Replacement Tyre

Demand

1,00,000 X 10% X 4 = 40,000 Tyres

OEM Tyre Sales + Replacement Tyre Sales = Total Tyre Market


© TechSci Research

The import and export figures for each HS Code have been depicted in Value (USD Million) and Volume(Million Units).

Tyre Brands Mapping

TechSci Research has mapped all tyre brands that are being sold in Israel. TechSci Research has gatheredthis information through primary and secondary research. The brands that are being sold in Israel arefurther segmented into “domestically manufactured” and “domestically non-manufactured” categories.The objective behind brand mapping is to understand more about the competition such as market share,current targets, future strategy, etc.

Forecast

For forecasting the numbers, we have used Time Series Analysis along with Regression Analysis, followedby judgmental analysis as certain factors would always differ in Israel such as infrastructure condition,economic outlook, etc.

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HS Code Description Tyre Type

401110 Motor Cars Passenger Car Tyre

401120 Bus or Lorries Tyres Commercial Vehicle Tyre

401140 Motorcycle Tyre Two-Wheeler Tyre

401161 Tyre Having a "Herring Bone"

OTR Tyre





401192 Agriculture Tyre

401193 Construction/Industrial Tyre

401194 Construction/Industrial Tyre

401199 Others Other Tyres

© TechSci Research

I n d u s t r y B r i e f

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Israel Tyre Market to Cross US$ 589 Million by 2020

Growing vehicle fleet coupled with rising passenger car sales to drive tyre demand in Israel through 2020

According to TechSci Research report, “Israel Tyre Market Forecast and Opportunities, 2020”, tyremarket in Israel is projected to surpass US$ 589 million by 2020. Growth in the market is anticipated onaccount of increasing passenger car sales, rising average selling price of tyres, expanding automobilefleet, coupled with favorable government policies like low interest rates. Israel tyre industry is majorlydominated by various tyre manufacturing giants such as Michelin, Toyo, Hankook, Bridgestone, etc.,which are operating through the import route in the country. Alliance Tyre is the only domestic tyremanufacturing company in the country.

Region-wise, in 2014, Tel-Aviv and Central District accounted for the majority volume share in the overalltyre demand emanating in Israel. Same trend is anticipated to continue through 2020, owing to growingpopulation and rapid urbanisation in these regions. In 2014, the country had a high motorization rate(passenger cars and commercial vehicles) of more than 360 vehicles per 1,000 people. Passenger car tyreand light commercial vehicle tyre segments cumulatively captured a market share of more than 80% in2014.

“Over the next five years, passenger car tyre segment is anticipated to witness higher growth, followedby light commercial vehicle tyre, OTR tyre, medium & heavy commercial vehicle tyre and two-wheelertyre segments. Moreover, the country’s vehicle fleet is dominated by passenger cars. Consequently, thepassenger car tyre segment, which already has a major share in the country’s tyre market, is expected tocontinue its dominance in the country’s tyre market through 2020.” said Mr. Karan Chechi, ResearchDirector with TechSci Research, a research based global management consulting firm.

http://www.techsciresearch.com/report/israel-tyre-market-forecast-and-opportunities-2020/236.html

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Israel Tyre Market Size, By Value (USD Million), By

Volume (Million Units), 2010-2020F

S a m p l e D a t a - S n a p s h o t

1 2 3 4 5 7 8 9 10 11 12

3 5 7 9 1115 17 19 21 23 25

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

Value (USD Million) Volume (Million Units)

Israel Tyre Market Share, By Vehicle Type, By Volume, 2014-2020F

3.00% 3.01% 3.02% 3.03% 3.04% 3.05% 3.06% 3.07% 3.08% 3.09% 3.10%

4.00% 4.01% 4.02% 4.03% 4.04% 4.05% 4.06% 4.07% 4.08% 4.09% 4.10%7.00% 7.01% 7.02% 7.03% 7.04% 7.05% 7.06% 7.07% 7.08% 7.09% 7.10%

18.00% 18.01% 18.02% 18.03% 18.04% 18.05% 18.06% 18.07% 18.08% 18.09% 18.10%

60.00% 60.01% 60.02% 60.03% 60.04% 60.05% 60.06% 60.07% 60.08% 60.09% 60.10%

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

2-W M&HCV OTR LCV PC

Israel Tyre Market Share, By Region, By Volume, 2014-2020F

Haifa District:2014: X%2020: X%

Tel Aviv District:2014: X%2020: X%

Central District:2014: X%2020: X%

Northern District:2014: X%2020: X%

Judea and Samaria Area:

2014: X%2020: X%

Jerusalem District:2014: X%2020: X%

Southern District:2014: X%2020: X%

Israel Passenger Car Tyre Market Share, By Vehicle

Type, By Volume, 2010-2020F

16.0% 16.0% 16.0% 16.0% 16.0% 16.1% 16.1% 16.1% 16.1% 16.1%16.1%

82.0% 82.0% 82.0% 82.0% 82.0% 82.1% 82.1% 82.1% 82.1% 82.1% 82.1%

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

Agriculture Equipment Vehicles Industrial Equipment Vehicles

Israel Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Size,

By Value (USD Million), By Volume (Million Units), 2010-2020F

1 2 3 4 57 8 9 10 11 12

35

79

1115

1719

2123

25

2010 2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F

Value (USD Million) Volume (Million Units)

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R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name : Israel Tyre Market Forecast and Opportunities,

2020

License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $3000

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Electronic Access - Multi-User License $4500



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About Us

TechSci Research is a global market research and consulting company with offices in Canada, India and the UK . TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

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Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

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israel tyre market by type 2020 brochure

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