Press release -
Agriculture Tire Market Size, Share, Competition Forecast & Opportunities 2019-2026
Global agriculture tire market size to reach $ 8.7 billion by 2026 from US$ 4. 5 billion in 2018 and is projected to grow at a CAGR of 8.9% from 2019 to 2026.
On account of increasing use of machineries and equipment in the agriculture sector coupled with constant growth in agricultural sector across the globe. Moreover, growing demand for replacement tires on account of expanding global agriculture vehicle fleet is further expected to boost agriculture tire sales, globally.
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Overview
The report analyzes and forecasts the agriculture tire market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global agriculture tire market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of agriculture tire market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
The report started with a succinct overview of the market. This part of the report also encompasses VRR’s analyses of key drivers, restraints, and trends from the supply and demand perspectives. Impact evaluation of primary growth drivers and restraints on the basis of the weighted average model are covered in market report to better equip and arm readers with robust decision-making insights.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted agriculture tire forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.
In the concluding part of the report, the global market landscape is covered to provide report audiences with a dashboard view of the key market players, their presence in the market portfolio and key differentiators. The agriculture tire industry structure and company market share analysis is detailed in this report. The global market share is projected on the basis of global sales of agriculture tire. Numerous sources referred while formulating the report include market players’ annual reports, analyst presentations, investor presentations, and company press releases. The result has been triangulated with distributors, retailers, and industry experts across the value chain of market.
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Key Target Audience:
- Agriculture tire manufacturers and suppliers
- Associations, organizations, forums and alliances related to agriculture tires
- Government bodies such as regulating authorities and policy makers
- Research organizations and consulting firms
Years considered for this report:
- Historical Years: 2014-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2019–2026
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Segmentation
- Market, By Vehicle Type:
- Tractors
- Trailers
- Combine Harvesters
- Others
- Market, By Region:
- Asia-Pacific
- Europe & CIS Countries
- North America
- South America
- Middle East & Africa
- Market, By Demand Category
- Replacement
- OEM
- Market, By Company
- Compagnie Générale des Établissements Michelin (CGEM
- Titan Tire Corporation
- Trelleborg AB
- Balkrishna Industries Limited
- Pirelli & C. S.p.A.
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.
Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
The study objectives of this report are:
- To analyze and study the global agriculture tire capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
- Focuses on the key agriculture tire manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content
1. Product Overview
2. Research Methodology
3. Analyst View
4. Voice of Customer
5. Global Agriculture Tire Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Vehicle Type (Tractors, Combine Harvesters, Trailers, Others)
5.2.2. By Company
5.2.3. By Region
5.2.4. By Demand Category (OEM & Replacement)
5.3. Market Attractiveness Index (By Vehicle Type)
5.4. Market Attractiveness Index (By Region)
6. Asia-Pacific Agriculture Tire Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type
6.2.2. By Country
6.3. Market Attractiveness Index (By Vehicle Type)
6.4. Market Attractiveness Index (By Country)
6.5. Prominent Tire Sizes (By Country)
6.6. Asia-Pacific: Country Analysis
6.6.1. India Agriculture Tire Market Outlook
6.6.1.1. Market Size & Forecast
6.6.1.1.1. By Value & Volume
6.6.1.2. Market Share & Forecast
6.6.1.2.1. By Vehicle Type
6.6.1.3. Market Attractiveness Index (By Vehicle Type)
6.6.2. China Agriculture Tire Market Outlook
6.6.2.1. Market Size & Forecast
6.6.2.1.1. By Value & Volume
6.6.2.2. Market Share & Forecast
6.6.2.2.1. By Vehicle Type
6.6.2.3. Market Attractiveness Index (By Vehicle Type)
6.6.3. Japan Agriculture Tire Market Outlook
6.6.3.1. Market Size & Forecast
6.6.3.1.1. By Value & Volume
6.6.3.2. Market Share & Forecast
6.6.3.2.1. By Vehicle Type
6.6.3.3. Market Attractiveness Index (By Vehicle Type)
6.6.4. Australia Agriculture Tire Market Outlook
6.6.4.1. Market Size & Forecast
6.6.4.1.1. By Value & Volume
6.6.4.2. Market Share & Forecast
6.6.4.2.1. By Vehicle Type
6.6.4.3. Market Attractiveness Index (By Vehicle Type)
6.6.5. South Korea Agriculture Tire Market Outlook
6.6.5.1. Market Size & Forecast
6.6.5.1.1. By Value & Volume
6.6.5.2. Market Share & Forecast
6.6.5.2.1. By Vehicle Type
6.6.5.3. Market Attractiveness Index (By Vehicle Type)
7. Europe & CIS Countries Agriculture Tire Market Outlook
7.1. Market Size & Forecast
7.1.1.By Value & Volume
7.2. Market Share & Forecast
7.2.1.By Vehicle Type
7.2.2.By Country
7.3. Market Attractiveness Index (By Vehicle Type)
7.4. Market Attractiveness Index (By Country)
7.5. Prominent Tire Sizes (By Country)
7.6. Europe & CIS: Country Analysis
7.6.1. Turkey Agriculture Tire Market Outlook
7.6.1.1. Market Size & Forecast
7.6.1.1.1. By Value & Volume
7.6.1.2. Market Share & Forecast
7.6.1.2.1. By Vehicle Type
7.6.1.3. Market Attractiveness Index (By Vehicle Type)
7.6.2. France Agriculture Tire Market Outlook
7.6.2.1. Market Size & Forecast
7.6.2.1.1. By Value & Volume
7.6.2.2. Market Share & Forecast
7.6.2.2.1. By Vehicle Type
7.6.2.3. Market Attractiveness Index (By Vehicle Type)
7.6.3. Germany Agriculture Tire Market Outlook
7.6.3.1. Market Size & Forecast
7.6.3.1.1. By Value & Volume
7.6.3.2. Market Share & Forecast
7.6.3.2.1. By Vehicle Type
7.6.3.3. Market Attractiveness Index (By Vehicle Type)
7.6.4. Russia Agriculture Tire Market Outlook
7.6.4.1. Market Size & Forecast
7.6.4.1.1. By Value & Volume
7.6.4.2. Market Share & Forecast
7.6.4.2.1. By Vehicle Type
7.6.4.3. Market Attractiveness Index (By Vehicle Type)
7.6.5. Italy Agriculture Tire Market Outlook
7.6.5.1. Market Size & Forecast
7.6.5.1.1. By Value & Volume
7.6.5.2. Market Share & Forecast
7.6.5.2.1. By Vehicle Type
7.6.5.3. Market Attractiveness Index (By Vehicle Type)
7.6.6. United Kingdom Agriculture Tire Market Outlook
7.6.6.1. Market Size & Forecast
7.6.6.1.1. By Value & Volume
7.6.6.2. Market Share & Forecast
7.6.6.2.1. By Vehicle Type
7.6.6.3. Market Attractiveness Index (By Vehicle Type)
8. North America Agriculture Tire Market Outlook
8.1. Market Size & Forecast
8.1.1.By Value & Volume
8.2. Market Share & Forecast
8.2.1.By Vehicle Type
8.2.2.By Country
8.3. Market Attractiveness Index (By Vehicle Type)
8.4. Market Attractiveness Index (By Country)
8.5. Prominent Tire Sizes (By Country)
8.6. North America: Country Analysis
8.6.1. United States Agriculture Tire Market Outlook
8.6.1.1. Market Size & Forecast
8.6.1.1.1. By Value & Volume
8.6.1.2. Market Share & Forecast
8.6.1.2.1. By Vehicle Type
8.6.1.3. Market Attractiveness Index (By Vehicle Type)
8.6.2. Canada Agriculture Tire Market Outlook
8.6.2.1. Market Size & Forecast
8.6.2.1.1. By Value & Volume
8.6.2.2. Market Share & Forecast
8.6.2.2.1. By Vehicle Type
8.6.2.3. Market Attractiveness Index (By Vehicle Type)
8.6.3. Mexico Agriculture Tire Market Outlook
8.6.3.1. Market Size & Forecast
8.6.3.1.1. By Value & Volume
8.6.3.2. Market Share & Forecast
8.6.3.2.1. By Vehicle Type
8.6.3.3. Market Attractiveness Index (By Vehicle Type)
9. South America Agriculture Tire Market Outlook
9.1. Market Size & Forecast
9.1.1.By Value & Volume
9.2. Market Share & Forecast
9.2.1.By Vehicle Type
9.2.2.By Country
9.3. Market Attractiveness Index (By Vehicle Type)
9.4. Market Attractiveness Index (By Country)
9.5. Prominent Tire Sizes (By Country)
9.6. South America: Country Analysis
9.6.1. Brazil Agriculture Tire Market Outlook
9.6.1.1. Market Size & Forecast
9.6.1.1.1. By Value & Volume
9.6.1.2. Market Share & Forecast
9.6.1.2.1. By Vehicle Type
9.6.1.3. Market Attractiveness Index (By Vehicle Type)
9.6.2. Argentina Agriculture Tire Market Outlook
9.6.2.1. Market Size & Forecast
9.6.2.1.1. By Value & Volume
9.6.2.2. Market Share & Forecast
9.6.2.2.1. By Vehicle Type
9.6.2.3. Market Attractiveness Index (Vehicle Type)
9.6.3. Chile Agriculture Tire Market Outlook
9.6.3.1. Market Size & Forecast
9.6.3.1.1. By Value & Volume
9.6.3.2. Market Share & Forecast
9.6.3.2.1. By Vehicle Type
9.6.3.3. Market Attractiveness Index (Vehicle Type)
9.6.4. Colombia Agriculture Tire Market Outlook
9.6.4.1. Market Size & Forecast
9.6.4.1.1. By Value & Volume
9.6.4.2. Market Share & Forecast
9.6.4.2.1. By Vehicle Type
9.6.4.3. Market Attractiveness Index (By Vehicle Type)
10. Middle East & Africa (MEA) Agriculture Tire Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Country
10.3. Market Attractiveness Index (By Vehicle Type)
10.4. Market Attractiveness Index (By Country)
10.5. Prominent Tire Sizes (By Country)
10.6. Middle East & Africa (MEA): Country Analysis
10.6.1. South Africa Agriculture Tire Market Outlook
10.6.1.1. Market Size & Forecast
10.6.1.1.1. By Value & Volume
10.6.1.2. Market Share & Forecast
10.6.1.2.1. By Vehicle Type
10.6.1.3. Market Attractiveness Index (By Vehicle Type)
10.6.2. Morocco Agriculture Tire Market Outlook
10.6.2.1. Market Size & Forecast
10.6.2.1.1. By Value & Volume
10.6.2.2. Market Share & Forecast
10.6.2.2.1. By Vehicle Type
10.6.2.3. Market Attractiveness Index (By Vehicle Type)
10.6.3. Iran Agriculture Tire Market Outlook
10.6.3.1. Market Size & Forecast
10.6.3.1.1. By Value & Volume
10.6.3.2. Market Share & Forecast
10.6.3.2.1. By Vehicle Type
10.6.3.3. Market Attractiveness Index (By Vehicle Type)
10.6.4. Kenya Agriculture Tire Market Outlook
10.6.4.1. Market Size & Forecast
10.6.4.1.1. By Value & Volume
10.6.4.2. Market Share & Forecast
10.6.4.2.1. By Vehicle Type
10.6.4.3. Market Attractiveness Index (By Vehicle Type)
10.6.5. Saudi Arabia Agriculture Tire Market Outlook
10.6.5.1. Market Size & Forecast
10.6.5.1.1. By Value & Volume
10.6.5.2. Market Share & Forecast
10.6.5.2.1. By Vehicle Type
10.6.5.3. Market Attractiveness Index (By Vehicle Type)
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Competitive Landscape
13.1. Compagnie Générale des Établissements Michelin (CGEM)
13.2. Titan Tire Corporation
13.3. Trelleborg AB
13.4. Balkrishna Industries Limited
13.5. Pirelli & C. S.p.A.
13.6. Bridgestone Corporation
13.7. Prometeon Tyre Group S.r.l.
13.8. The Goodyear Tire & Rubber Company
13.9. The Yokohama Rubber Co., Ltd.
13.10. Continental Aktiengesell
13.11. Sumitomo Rubber Industries, Ltd.
13.12. Apollo Tyres Ltd.
13.13. Hankook Tire Co. Ltd.
13.14. Hangzhou Zhongce Rubber CO., LTD.
13.15. Cheng Shin Rubber Ind. Co., Ltd.
13.16. Giti Tire Pte. Ltd.
13.17. Triangle Tyre Co. Ltd.
13.18. MRF Limited
13.19. JK Tyre & Industries Ltd.
13.20. CEAT Limited
14. Strategic Recommendations
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Topics
- Contracting, Machines
Categories
- agriculture tire market
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