czech republic 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

Czech Republic Tyre Market Forecast and Opportunities , 2020

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

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

Classification According to Vehicle Type

Product Definition

Vehicle Segment Sub-Segment Customer Segment

Passenger Cars

Hatchback/Small Car

Individuals

Combi coupé

Sedan

SUV

Commercial Vehicle

LCV

Transport Companies, Logistics, Small Business Entrepreneurs

M&HCV & Bus

OTR (Farm Equipment & Earth Moving Equipment)

Two Wheeler

Motor Cycle

IndividualsMopeds

Scooter

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

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S. No. Contents

1. Research Methodology

2. Analyst View

3. Product Overview

4. Czech Republic Tyre Production Overview

5. Czech Republic 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 (Passenger Car, OTR, LCV, M&HCV and 2 Wheelers)

5.2.2. By Company

5.2.3. By Region

5.2.4. By Demand Category (OEM vs Replacement)

6. Czech Republic Passenger Car (PC) Tyre Market Outlook




6.2.1. By Vehicle Type (Hatchback & Station Wagon, SUV & MUV, Sedan and Others)


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


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S. No. Contents



7.2.1. By Vehicle Type (Industrial Vehicles and Other Vehicles)

8. Czech Republic Medium & Heavy Commercial Vehicle (M&HCV) Tyre Market Outlook





9. Czech Republic Light Commercial Vehicle (LCV) Tyre Market Outlook





10. Czech Republic Two-Wheeler (2W) Tyre Market Outlook




10.2.1. By Vehicle Type (Motorcycle and Moped & Scooter)


11. Import-Export Analysis

12. Market Dynamics

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S. No. Contents

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

13.1. Used Car Demand

13.2. Growing Investment In Tyre & Automotive Market

13.3. Increasing Retread & Used Tyres Demand

13.4. Requirement of Winter Tyres & Snow Chains

13.5. Increasing Online Sales

14. Policy & Regulatory Landscape

15. Czech Republic Economic Profile

16. Competitive Landscape

16.1. Barum Continental Spol. s r.o

16.2. Michelin Ceská Republika sro

16.3. Goodyear Dunlop Tires Czech s.r.o.

16.4. Bridgestone CR, s.r.o.

16.5. Mitas A.S.

16.6. Pirelli Tyre (Sussie) S.A. Czech

16.7. Hankook Tire Ceska Republika s.r.o.

16.8. Nexen Tire

16.9. Toyo Tyre & Rubber Co., Ltd

16.10. Nokian Tyres s.r.o.

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 companies based in Czech Republic, and subsequently, verified information from major distributorsof automobile 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 Czech Republic.

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, while ensuringcreation of high-quality reports. The reports are prepared with in-depth primary research, followed byexhaustive secondary research.

Primary Research - Companies Interviewed Few of Sources of Secondary Research

S. No. Secondary Source

1European Tyre and Rubber Manufacturers

Association (ETRMA)

2European Automotive Manufactures

Association (ACEA)

3 Eurostat

4International Organization of Motor Vehicle

Manufacturers (OICA)

6 Eurostat

7European Association of Motorcycle

Manufacturers (ACEM)

8 World Bank

S. No. Company Name

1 Pirelli Tyre (Sussie) S.A.

2 Goodyear Dunlop Tires Czech S.r.o.

3 Bridgestone CR, s.r.o.

4 Michelin Ceská Republika sro

5 Hankook Tire Ceska Republika s.r.o.


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© TechSci Research

For the preparation of Czech Republic tyre report, bottom up model has been used, which has been lateron cross validated by using top down approach.

Tyre Production

TechSci Research has mapped production capacities of almost all tyre manufacturing units in CzechRepublic. With the help of a series of primary research surveys of all the major tyre manufacturingcompanies in Czech Republic, followed by cross validation through secondary sources such as companyannual reports and industry associations. TechSci Research has been successful in identifying theproduction capacities of each tyre plant as well as their respective plant locations, establishment datesand type of tyres manufactured.

Vehicle Production, Sales & Fleet Size

The basic data points that are needed for the analysis of Czech Republic tyre market are the historical,current and forecast figures for vehicle production, sales and fleet size. Data for fleet size has beenextracted through various government sources and credible data portals. TechSci Research hasmaintained a database for vehicle production, sales and fleet size for each vehicle segment (passengercars, light commercial vehicle, medium & heavy commercial vehicles, two-wheelers & off-the-roadvehicles), which is regularly updated through various primary research surveys and secondary sourcessuch as automotive associations & government publications.

Tyre Demand

OEM Tyre Sales

OEM tyre demand has been calculated by multiplying the average number of tyres per vehicle to the totalnumber of vehicle produced. For example, for two-wheeler segment, the average number of tyres areconsidered to be two and for passenger cars, the average number of tyres is five. Further, the averagenumber of tyres for light commercial vehicles (LCVs), medium & heavy commercial vehicles (M&HCVs)and off-the road (OTR) vehicles have been considered as 5, 7 and 4, respectively.


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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 inCzech Republic. The information thus gathered through primary interviews was cross-verified throughindustry experts and secondary sources such as annual reports and paid databases to generate meaningfulresults.

Total Tyre Market

Tyre Trade (Import & Export)

TechSci Research has analyzed tyre imports and exports in Czech Republic. The data has been gatheredthrough government agencies and credible paid databases. The total tyre trade has been segmented inaccordance with below mentioned HS codes:

Passenger

Car Fleet

Size

(Volume)

X

Replacement

Ratio

(in %)

X No. of Tyres =

Replaceme

nt Tyre

Demand

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

Tyres

OEM Tyre Sales +Replacement

Tyre Sales= Total Tyre Market


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© TechSci Research

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

Tyre Brands Mapping

TechSci Research has mapped all tyre brands that are being sold in Czech Republic. TechSci Research hasgathered this information through primary and secondary research. The brands that are being sold inCzech Republic are further segmented into “domestically manufactured” and “domestically non-manufactured” categories. The objective behind brand mapping is to understand more about thecompetition 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 Czech Republic such as infrastructurecondition, economic outlook, etc.

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

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

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Czech Republic Tyre Market to Witness CAGR of 6.5% between 2015 and 2020

Increasing passenger car production coupled with growing automobile exports to drive Czech Republic tyre marketthrough 2020

According to TechSci Research report, “Czech Republic Tyre Market Forecast and Opportunities, 2020”, tyremarket in Czech Republic is projected to grow at a CAGR of 6.5% during 2015-2020, due to growing demand fromthe OEM segment, especially passenger car production, and increasing automobile exports. Global passenger carmanufacturing companies like Skoda, Toyota, Hyundai, etc., cumulatively manufactured around one millionpassenger cars in Czech Republic in 2014, most of which are being exported to the other European countries.Strong automobile production and export scenario for passenger cars in Czech Republic is anticipated to continuedriving the country’s tyre market during 2015 - 2020.

In 2014, passenger car tyre segment dominated Czech Republic tyre market, due to the growing demand for tyresfor hatchbacks, sedans, SUVs, coupes, etc. Large-scale manufacturing of passenger cars in Spain is anticipated todrive OEM demand for tyres in the country. Western region, which includes cities such as Prague, CentralBohemian, Plzen, Karlovy Vary, Usti and Labem, was the largest regional market for tyres in Czech Republic.Continental and Michelin tyres, along with global players such as Bridge stone, Goodyear, etc., are the leadingplayers operating in Czech Republic tyre market.

“Implementation of government regulations have made it mandatory to use winter tyres and snow chains duringwinters. Growing trend of using winter and snow tyres is anticipated to fuel growth in Czech Republic tyre marketin the coming years. Government is working towards increasing awareness regarding benefits of using winter tyresin order to avoid accidents during cold weather. Increasing awareness among people about such tyres is anticipatedto drive demand for these tyres during 2015 - 2020.” said Mr. Karan Chechi, Research Director with TechSciResearch, a research based global management consulting firm.

http://www.techsciresearch.com/report/czech-republic-tyre-market-forecast-and-opportunities-2020/137.html

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

Czech Republic Tyre Market Size, By Value (USD

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

1 2 3 4 57 8 9 10 11 12

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

3 5 7 9 11 15 17 19 21 23 25

Value (USD Million) Volume (Million Units)

Czech Republic Tyre Market Share, By Company, By Volume, 2014-2020F

23.00% 23.01% 23.02% 23.03% 23.04% 23.05% 23.06%8.00% 8.01% 8.02% 8.03% 8.04% 8.05% 8.06%

10.00% 10.01% 10.02% 10.03% 10.04% 10.05% 10.06%

12.00% 12.01% 12.02% 12.03% 12.04% 12.05% 12.06%

40.00% 40.01% 40.02% 40.03% 40.04% 40.05% 40.06%

2014 2015E 2016F 2017F 2018F 2019F 2020F

Continental Michelin Goodyear Bridgestone Others

Czech Republic Tyre Market Share, By Region, By Volume, 2014 & 2020F

Western Region

2014 : X%

2020F : X%

Northern Region

2014 : X%

2020F : X%

Eastern Region

2014 : X%

2020F : X%

Southern Region

2014 : X%

2020F : X%

Czech Republic Two-wheeler Tyre Market Share, By

Vehicle Type, By Volume, 2010-2020F1

40.00% 40.01% 40.02% 40.03% 40.04% 40.05% 40.06% 40.07% 40.08% 40.09% 40.10%

58.00% 58.01% 58.02% 58.03% 58.04% 58.05% 58.06% 58.07% 58.08% 58.09% 58.10%

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

Moped & Scooter Motorcycle

Year 2010 2011 2012 2013 20142015 (Nov)

Motorcycle Sales

XXXX XXXX XXXX XXXX XXXX XXXX

Y-o-Y XXXX XXXX XXXX XXXX XXXX XXXX

Czech Republic Two-Wheeler Sales, By Volume, 2010-2015 (Units)

Czech Republic Two-Wheeler Tyre Market Size, By Value (USD Million),

By Volume (Million Units), 2010-2020F

3 5 7 9 1115 17 19 21 23 25

Value (USD Million) Volume (Million Units)

1 2 3 4 57 8 9 10 11 12

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

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

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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

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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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czech republic tyre market by type 2020 brochure

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