South Africa MHCV Tire Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of South Africa MHCV Tire market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities
According to MarkNtel Advisors’ research report “South Africa MHCV Tire Market Analysis, 2021”, the South Africa MHCV Tire market is anticipated to grow at a CAGR of around 3.4% during 2021-26F. The growth of the market is attributed to burgeoning investment by the market players to set up truck, bus tire plant, the launch of innovative truck tires, and boost in the production of a truck tire in the country due to upsurge in the production of trucks locally and burgeoning domestic and export sales of the trucks. Moreover, the rising government inclination to curb carbon emission is propelling the demand for an electric commercial vehicle such as an electric bus for urban transportation along with the launch of an electric bus factory are the factors placing a lucrative opportunity for the growth of the market in the forecast period.

Market Segmentation
OEMs Witnessing Robust Growth
Based on Demand Type, OEMs is witnessing growth in the South Africa MHCV Tire in 2020. This is due to the burgeoning production of trucks and buses due to propelling domestic demand, increasing government inclination towards electric buses for urban transportation to curb emission rate and surging investment to launch electric bus factory in the country. However, this is further anticipated to upsurge the market share of replacement demand in the coming years. Thus, this is anticipated to drive the growth of the Medium and Heavy Commercial Vehicle Tire market globally in the near future as revealed by the MarkNtel Advisors’ research report “South Africa MHCV Tire Market Analysis, 2021”.

Competitive Landscape
According to MarkNtel Advisors’, the key players with a considerable market share in the South Africa MHCV Tire market include Bridgestone, Sumitomo, Goodyear, Continental, Michelin, Hangzhou Zhongce Rubber, Triangle, Kumho, Yokohama, Pirelli etc.

Key Questions Answered in the Market Research Report:
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of South Africa MHCV Tire Market?
2. What is the region-wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the South Africa MHCV Tire Market?
4. Who are the key competitors or market players and how they perform in South Africa MHCV Tire Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of the South Africa MHCV Tire Market study?

Market Outlook, Segmentation and Statistics:
1) Impact of COVID-19 on South Africa MHCV Tire Market
2) South Africa MHCV Market Outlook, 2016-2026F
a) Total Registered Fleet Size & Forecast 2016-2026
3) Market Size & Analysis
a) By Units Sold
4) Market Size & Analysis, By Categories
a) By Vehicle Type
i) Bus
ii) Truck
(1) By Type of Truck
(a) Semi-Trailer Trucks
(b) Extra Duty Trucks
(c) Tanker Trucks
(d) Garbage Trucks
(e) Dump Trucks
(f) Others
b) By Vocation
i) Freight Transportation
(1) Car Haulers & High Cube
(2) Container
(3) Dangerous Goods
(4) Dry Freight Full Truck Load / One Drop
(5) Dry Freight Less Truck Load / Multi Drop
(6) Express Mail & parcel
(7) Flat Bed & Special Transport
(8) Food & Beverage, including Tanker
(9) High-Value Goods
(10) Moving & Storage
(11) Refrigerated
(12) Solid Bulk / Agricultural transportation
(13) Transport of Living Animals
(14) Transportation of construction material
(15) Upstream Logistics
ii) People Transportation
(1) Inter-City People Transportation
(2) Urban People/school transportation
(3) Construction/Industrial Activity
(4) Cement (concrete mixers)
iii) Energy
(1) Infra & Housing Constr. & Maintenance
(2) Material Handling
(3) Port
(4) Waste management
(5) Agriculture
(6) Cereal Farming
(7) Others
iv) Others
(1) Military / Emergency / Administration
(2) Military
(3) Mobile Workforce
(4) Corporate Fleets
(5) Mining / Quarries
c) By Business Lines
i) Transport Long Distance (TLD)
ii) Urban Transportation
iii) Off-Road Transportation
iv) Mining
d) By Leading OEMs
i) Isuzu
ii) IVECO
iii) Toyota
iv) Nissan
v) Tata
vi) FAW Trucks
vii) Others
e) List of Top Fleet Operators
i) By Current Fleet Size
ii) Tire Supplier Details
iii) Future Fleet Expansion Plan
iv) No. of breakdowns happened in last 6 months/1 year for a fleet
5) South Africa Medium and Heavy Commercial Vehicle Tire Market Outlook, 2016-2026F
a) Market Size & Analysis
i) Market Revenues
ii) Unit Sold
b) Market Share & Analysis, By Categories
i) By Vehicle Type
(1) Bus
(2) Truck
(a) By Type of Truck
(i) Semi-Trailer Trucks
(ii) Extra Duty Trucks
(iii) Tanker Trucks
(iv) Garbage Trucks
(v) Dump Trucks
(vi) Others
ii) By Demand Type
(1) OEM
(2) Replacement
iii) By Type of Tire
(1) Radial
(2) Bias
iv) By Season
(1) All Season
(2) Summer
v) By Tube Categorization
(1) Tubed
(2) Tubeless
vi) By Price Category
(1) Budget
(2) Economy
(3) Premium
vii) By Rim Size
(1) Upto 20”
(2) 20.1” to 22.5”
(3) Above 22.5”
c) By Company
i) Revenue Shares
ii) Strategic Factorial Indexing
iii) Competitor Placement in MarkNtel Quadrant
6) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on South Africa MHCV Tire Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of South Africa MHCV Tire Market during 2021-26?
A. The South Africa MHCV Tire Market is forecast to grow at a CAGR of 3.4% during 2021-26.
Q. Who are the key competitors or players operating in South Africa MHCV Tire Market?
A. Bridgestone, Sumitomo, Goodyear, Continental, Michelin, Hangzhou Zhongce Rubber, Triangle, Kumho, Yokohama, Pirelli, are a few of the leading players in the South Africa MHCV Tire Market.
Q. Which vehicle type segment would emerge as an opportunity area for players in South Africa MHCV Tire Market?
A. Truck is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which demands type would emerge as an opportunity area for players in South Africa MHCV Tire Market?
A. Replacement continues to grow at the highest CAGR, presenting immense opportunities for market players of the South Africa MHCV Tire Market.