TechNavio's analysts forecast the Automotive market in Turkey to grow at a CAGR of 8.4 percent over the period 2011-2015. One of the key factors contributing to this market growth is the Turkish Government's support for the Automotive industry. The Automotive market in Turkey has also been witnessing an export shift toward the Middle East and North Africa. However, increasing raw material prices could pose a challenge to the growth of this market.
TechNavio's report, the Automotive Market in Turkey 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Turkey; it also covers the Automotive market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Renault SA., Ford Motor Co., Daimler AG, Otokar Otomotiv ve Savunma Sanayi AS. Other vendors mentioned in the report: Oyak-Renault Otomobil FabrikalarAﾂｱ AAz, TofaAY, Toyota Motor Manufacturing, Hyundai Assan Otomotiv San ve Tic AAz, Honda Turkiye AS, Mercedes-Benz Turk AS, Ford Otosan, Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS, Karsan Otomotiv Sanayii ve Ticaret AAz, Temsa Global, Otokar Otomotiv ve Savunma Sanayi AAz, British Motor Corp., Karsan Otomotiv Sanayii ve Ticaret AAz, Maschinenfabrik Augsburg-Nurnberg.
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