turkey_automobile_sector_forecast_2008_2012 - Brochure More...

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Brochure More information from http://www.researchandmarkets.com/reports/648800/ Turkey Automobile Sector Forecast (2008-2012) Description: Automobile sector plays a vital role in Turkey’s economy and it has taken an important place in the export mix from the country. The automobile export in 2007 from Turkey was nearly 75% of its total auto production, a straight growth of 18% from the previous year. Increasing export volumes are making Turkey the next export hub for automobile, says the research report – “Turkey Automobile Sector Forecast (2008-2012)” The emergence of Turkey as an export centre is attracting major players from across the world to invest in the auto sector. In fact, FDI inflow in the sector has been continuously increasing from past few years on account of Turkey’s strategic location and closeness with both European and the Middle East countries. Various automobile giants have made Turkey a gateway to enter the European auto markets and taking the benefits of government incentives. The report studies the Turkish automobile market, comprising of passenger cars, commercial vehicles, tractors, and automotive component market, comprehensively. It also evaluates the export market and opportunities for the automobile industry and its associated industries. Key Findings - Free Trade Zones (FTZs) are designed to encourage trade to and from Turkey, boosting the automobile sector in the country. - Passenger car segment has the largest share in all aspects of the automobile industry i.e. exports, production, imports, and sales. - Production of automobiles in Turkey grew by 11% in 2007 over 2006. - Automotive component production grew at a CAGR of 21.55% during 2003–2007; therefore, the annual automobile production is estimated to increase to 1.8 Million by 2012. - Exports by the Turkish automobile industry are projected to surge at a CAGR of 11.49% during 2008-2012. Key Issues and Facts Analyzed - What are the driving factors for the Turkish automobile industry? - What are the trends in automobile component industry? - What are the opportunities for the automobile industry and its associated industries? - Which segment of the automobile sector holds major share? - What would be the projected growth of automobile industry in various aspects? - Who are the major players in the Turkish automobile industry in terms of production, exports and sales? Research Methodology Used Information Sources The information has been taken from authentic and reliable sources like books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases. Analysis Method
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This note was uploaded on 02/13/2011 for the course ECONOMY 0132436892 taught by Professor Natalia during the Spring '10 term at Yeditepe Üniversitesi.

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turkey_automobile_sector_forecast_2008_2012 - Brochure More...

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