Albany, NY -- (SBWIRE) -- 12/30/2014 -- TechNavio's analysts forecast the Two-wheeler Tire market in Indonesia to grow at a CAGR of 17.98 percent over the period 2013-2018. One of the key factors contributing to this market growth is the strong demand for two-wheelers. The Two-wheeler Tire market in Indonesia has also been witnessing the growing demand for replacement tires. However, the infrastructure-related issues could pose a challenge to the growth of this market.

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TechNavio's report, the Two-wheeler Tire Market in Indonesia 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the sales of two-wheeler tires in Indonesia; it also covers the Two-wheeler Tire market in Indonesia 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 space include PT Gajah Tunggal Tbk, PT Industri Karet Deli, PT Sumi Rubber Indonesia, and PT Suryaraya Rubberindo Industries.

Other vendors mentioned in the report are PT Bategng Pratama, PT Elang Perdana Tyre Industry, PT Hung A Indonesia, PT Multistrada Arah Sarana Tbk, PT Surabaya Kencana Tyre Industry, and PT United King-land Company Ltd.

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Key questions answered in this report:

- What will the market size be in 2018 and what will be the growth rate?
- What are key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by key vendors?
- What are the strengths and weaknesses of each of these key vendors?

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A motor controller is a device that serves to govern energy transmission between traction power source and the motor, being one of the core components of electric vehicle. With the development of electric vehicle market, the demand for EV motor controllers in China has been on the rise. In 2013, China's EV motor controller demand approached 18,000 sets, with the market size reaching RMB331 million. It is projected that by 2017 this figure will rise to 280,000 sets and that the market size will hit RMB4.6 billion, with an AAGR of as much as 93%.

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At present, China's EV motor controllers are at the initial stage, but the market demand showed a sound development trend, with a higher profitability. Take example for Shenzhen Inovance Technology and Shenzhen V&T Technologies, whose gross margins are over 45%. As the EV market size expands, the profit margin for EV motor controllers is facing certain downward pressure. But in the short term, it will be at a relatively higher level. Considerable profitability and fast-growing market demand drive a number of domestic enterprises to speed up the construction of related projects.

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As the most potential segment in the connector industry, automotive connectors will trigger the market value of USD12.7 billion (up 5.3% from 2013) in 2014, whilst the global connector market is expected to hit USD50.2 billion (representing a slight increase of 2.6% compared with 2013). The growth of the automotive connector market is attributed to: First, the intensified automotive electronization (especially PEVs and PHEVs) generates more demand for connectors. Second, Chinese and American automotive markets grow strongly, particularly luxury cars and SUVs featured with higher electronization degree and higher requirements on quality grow aggressively.

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