Hungary’s favorable geographical location in Central Europe, expanding vehicle fleet, stable political environment and supportive investment policies make the country an ideal investment destination for automotive companies. With a population of around 9.9 million as of 2014, Hungary offers various economic advantages such as low interest rate scenario, near-zero inflation and favourable government policies for expansion of agriculture and construction sector. All these factors are expected to hugely benefit the automobile industry in the coming years, and thereby boost tire demand in the country during 2015 - 2020.

According to TechSci Research report, “Hungary Tyre Market Forecast and Opportunities, 2020”, the country’s tire market is projected to grow at over 8% during 2015 - 2020. In 2014, the replacement tire segment in Hungary accounted for more than 50% of market share. The passenger car tires segment accounted for more than 90% volume share in the Hungary tire market, followed by light commercial vehicle tire, medium & heavy commercial vehicle tire, two-wheeler tire and OTR tire segments. Hankook, Bridgestone and Michelin operate their tire manufacturing plants in the country, while global tire companies like Goodyear, Pirelli, Continental, Vredestein, etc., operate through their sales offices in Hungary. “Hungary Tyre Market Forecast and Opportunities, 2020” report elaborates following aspects of tire market in Hungary:

  • Hungary Tire Market Size, Share & Forecast
  • Segmental Analysis – Passenger Car Tires, Light Commercial Vehicle Tires, Off-The-Road (OTR) Tires, Medium and Heavy Commercial Tires & Two-Wheeler Tires
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations

Why You Should Buy This Report?

  • To gain an in-depth understanding of tire market in Hungary
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, tire companies and other stakeholders to align their market-centric strategies
  • To obtain research based business decision and add weight to presentations and marketing material
  • To gain competitive knowledge of leading players
  • To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs      

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with NSCLC drug manufacturers, healthcare providers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.     Research Methodology

2.     Analyst View

3.     Product Overview

4.     Hungary Tyre Production Overview

5.     Hungary 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 Cars, LCVs, M&HCVs, 2W & OTR)

5.2.2. By Company

5.2.3. By Region

5.2.4. By Demand Category (OEM & Replacement)

6.     Hungary Passenger Car (PC) Tyre Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value & Volume

6.2.   Market Share & Forecast

6.2.1. By Vehicle Type (Sedan, Hatchback and SUV & MPV)

6.2.2. By Demand Category (OEM & Replacement)

7.     Hungary Medium & Heavy Commercial Vehicle (MHCV) Tyre Market Outlook

7.1.   Market Size & Forecast

7.1.1. By Value & Volume

7.2.   Market Share & Forecast

7.2.1. By Vehicle Type (Trucks & Buses)

7.2.2. By Demand Category (OEM & Replacement)

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

8.1.   Market Size & Forecast

8.1.1. By Value & Volume

8.2.   Market Share & Forecast

8.2.1. By Demand Category (OEM & Replacement)

9.     Hungary Off-The-Road (OTR) Tyre Market Outlook

9.1.   Market Size & Forecast

9.1.1. By Value & Volume

9.2.   Market Share & Forecast

9.2.1. By Vehicle Type (Agriculture & Industrial Vehicles)

9.2.2. By Demand Category (OEM & Replacement)

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

10.1.Market Size & Forecast

10.1.1.   By Value & Volume

10.2.Market Share & Forecast

10.2.1.   By Vehicle Type (Scooters & Motorcycles)

10.2.2.   By Demand Category (OEM & Replacement)

11.  Import-Export Analysis

12.  Market Dynamics

12.1.Drivers

12.2.Challenges

13.  Market Trends & Developments

13.1.Growing Retreaded Tyre Market

13.2.Rising Winter Tyre Penetration

13.3.Increasing Tyre Recycling

13.4.Rising Online Tyre Sales

13.5.Increasing Domestic Tyre Production

14.  Policy & Regulatory Landscape

15.  Hungary Economic Profile

16.  Competitive Landscape

16.1.Bridgestone Hungary Kft.

16.2.Michelin Hungária Abroncsgyártó Kft.

16.3.Hankook Tire Budapest Kereskedelmi Kft.

16.4.Continental Hungaria Kft.

16.5.Apollo Vredestein Kft.

16.6.Kumho Tire Co., Inc

16.7.Goodyear Dunlop Tires Hungary Trading Limited Liability Co.

16.8.Pirelli Hungary Tyre Trading and Services Ltd

16.9.Nokian Tyres P.L.C.

16.10.  Cooper Tire & Rubber Co

17.  Strategic Recommendations

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

List of Figures 

Figure 1: Hungary Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 2: Hungary Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 3: Hungary Tyre Market Share, By Company, By Volume, 2014-2020F

Figure 4: Hungary Tyre Market Share, By Region, By Volume, 2014 & 2020F

Figure 5: Hungary Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 6: Hungary Passenger Car Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 7: Hungary Passenger Car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 8: Hungary Passenger Car Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 9: Hungary Medium & Heavy Commercial Vehicle Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 10: Hungary Medium & Heavy Commercial Vehicle Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 11: Hungary Medium & Heavy Commercial Vehicle Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 12: Hungary Light Commercial Vehicle Tyre Market, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 13: Hungary Light Commercial Vehicle Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 14: Hungary OTR Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 15: Hungary Off-the-Road Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 16: Hungary Off-the-Road Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 17: Hungary Two-Wheeler Tyre Market Size, By Value (USD Million), By Volume (Million Units), 2010-2020F

Figure 18: Hungary Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F

Figure 19: Hungary Two-Wheeler Tyre Market Share, By Demand Category, By Volume, 2010-2020F

Figure 20: Hungary Internet Penetration (per 100 people), 2010-2014 (%)

 

List of Tables 

Table 1: Hungary Tyre Production Capacity of Major Players, By Volume, 2014 (Million Unit/Year)

Table 2: Hungary Automobile Production, By Volume, 2010–2014 (Absolute Units)

Table 3: Hungary Automobile Sales, By Volume, 2010–2014 (Million Units)

Table 4: Hungary Automobile Fleet, By Volume, 2010–2014 (Thousand Units)

Table 5: Hungary Automobile Production, By Volume, 2015E–2020F (Million Units)

Table 6: Hungary Tyre Market Size, By Demand Category, By Volume, 2010 – 2020 (Million Units)

Table 7: Hungary Passenger Car Sales, By Volume, 2010–2014 (Units)

Table 8: Hungary Passenger Car Fleet, 2010–2014E (Thousand Units)

Table 9: Hungary Passenger Car Production, 2010–2014 (Units)

Table 10: Hungary Passenger car Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F (Million Units)

Table 11: Hungary Passenger Car Tyre Market Size, By Demand Category, By Volume, 2010 – 2020F (Million Units)

Table 12: Hungary Medium & Heavy Commercial Vehicle Production, By Volume, 2010–2014 (Units)

Table 13: Hungary Medium & Heavy Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 14: Hungary M&HCV Tyre Market Size, By Demand Category, By Volume, 2010 – 2020F (Million Units)

Table 15: Hungary Light Commercial Vehicle Sales, By Volume, 2010–2014 (Units)

Table 16: Hungary Off-the-Road Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F (Million Units)

Table 17: Hungary Motorcycle Sales, By Volume, 2010–2013 (Units)

Table 18: Hungary Two-Wheeler Tyre Market Share, By Vehicle Type, By Volume, 2010-2020F (Million Units)

Table 19: Hungary Tyre Imports, By Volume, 2010-2014 (Million Units)

Table 20: Hungary Tyre Exports, By Volume, 2010-2014 (Million Unit)

Table 21: Hungary Automobile Fleet Size, By Vehicle Type, By Volume, 2010-2014E (Million Units)

Table 22: Online Tyre Dealers in Hungary

Table 23: Hungary Custom Duties on Tyres, As of 2014

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