Global Market Research Company US Egypt Tire Market, Forecast and Opportunities, 20 | Page 11

Research Methodology
For the preparation of Egypt tire market report, bottom-up model has been used, which has been later cross
validated by using top down approach.
Vehicle Sales & Fleet Size
The basic data points that are needed for the analysis of Egypt tire market are the historical, current and forecast
figures for vehicle sales and fleet size. The data for vehicle sales and fleet size has been extracted through various
secondary sources and credible data portals. TechSci Research has also maintained a database for vehicle sales
and fleet size for each vehicle segment (passenger cars, light commercial vehicles, medium & heavy commercial
vehicles, two-wheelers, three-wheelers & off-the-road vehicles), which is regularly updated through various
primary research surveys and secondary sources such as automotive associations & government publications.
Tire Demand
Replacement Tire Sales
Replacement tire demand of a particular country is directly dependent on the country’s vehicle fleet size and
historical vehicle sales. The replacement demand is, therefore, extracted by multiplying the vehicle fleet with the
replacement tire ratio, which is obtained by conducting a series of surveys with car owners to understand the
frequency of tire replacement as it varies for different countries depending upon factors such as road conditions,
climate, economic and regulatory policies applicable in a country. The replacement ratio is expressed as a
percentage. For example, in case of passenger cars, replacement ratio is considered to be 100% if four tires are
replaced per vehicle per year.
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