Global Farm Tire Market, By Product (Radial Tire, Bias Tire, Municipal Tires, Implement Cross Ply Tires, Other Products), Pressure (High Pressure, Low Pressure, Extra Low Pressure), Horsepower (0-80 HP, 81-200 HP), Distribution Channel (Original Equipment's Manufacturers (OEMs), Aftermarket), Application (Harvesters, Tractors, Loaders, Drill, Forestry, Irrigation, Implements, Other Applications), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Farm Tire Market
Farm tire market is expected to reach USD 12,772.04 million by 2028 witnessing market growth at a rate of 11.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on farm tire market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth.
Farm tires also known as agricultural tires are used in different agriculture vehicles and equipment such as tractors, harvesters, and sowers. A major increase in crop yield was achieved by the use of advanced equipment in agriculture. Therefore, growers and farmers are gradually making use of agricultural vehicles and agricultural machinery.
Increasing number of agricultural activities, rising demand of food, growing awareness among farmers over the adoption of advanced farming techniques over traditional farming, rising demand for agricultural machinery from emerging economies, increasing penetration of farm vehicles in agriculture industry, increasing adoption of advanced technologies by farmers to increase agricultural yield are some of the major as well as vital factors which will likely to augment the growth of the farm tire market in the projected timeframe of 2021-2028. On the other hand, increasing prevalence of favourable trade policies along with rapid urbanization which will further contribute by generating massive opportunities that will lead to the growth of the farm tire market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with government promoting sustainable farming practices to reduce harmful environmental impacts of various agricultural practices which will likely to act as market restraints factor for the growth of the farm tire in the above mentioned projected timeframe. Easy availability of substitutes which will become the biggest and foremost challenge for the growth of the market.
This farm tire market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on farm tire market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Farm Tire Market Scope and Market Size
Farm tire market is segmented on the basis of product, pressure, horsepower, application and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Farm tire market on the basis of product has been segmented as radial tire, bias tire, municipal tires, implement cross ply tires, and other products.
- Based on pressure, the farm tire market has been segmented into high pressure, low pressure, extra and low pressure.
- On the basis of horsepower, the farm tire market has been segmented into 0-80 HP, and 81-200 HP.
- On the basis of application, the farm tire market has been segmented into harvesters, tractors, loaders, drill, forestry, irrigation, implements, and other applications. Tractors have been further segmented into farm tractors, and lawn tractors. Other applications have been further segmented into combines, sprayers, and trailers. Harvesters segment will hold the largest share in the growth of the market due to the introduction of several types of harvesters to suit specific farming needs, such as subsistence and commercial farming.
- Farm tire has also been segmented on the basis of distribution channel into original equipment's manufacturers (OEMs), and aftermarket.
Farm Tire Market Country Level Analysis
Farm tire market is analysed and market size, volume information is provided by country, product, pressure, horsepower, application and distribution channel as referenced above.
The countries covered in the farm tire market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the farm tire market due to the increasing growth of the agriculture industry, along with upgradation in farming equipment in the region while Asia-Pacific region will expect to grow in the forecast period of 2021-2028 due to the prevalence of various tire and tractor manufacturers along with rising growth in agricultural activities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Farm Tire Market Share Analysis
Farm tire market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to farm tire market.
The major players covered in the farm tire market report are Balkrishna Industries Limited (BKT).; Bridgestone; Continental AG; MICHELIN.; Sumitomo Rubber Industries, Ltd.; Titan International, Inc.; Trelleborg Wheel Systems Czech Republic a.s.; TBC Corporation.; Apollo Tyres; Hankook Tire & Technology Co.,Ltd.; MRF; JK TYRE & INDUSTRIES LTD; CEAT Ltd.; The Carlstar Group, LLC.; Specialty Tires of America, Inc.; YOHT.; Superking Manufacturers (Tyre) Pvt. Ltd.; Trelleborg AB; Asian Tire Factory Limited; MRL Tyres Limited.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Table of Content
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL FARM TIRE MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL FARM TIRE MARKET
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET GUIDE
2.2.4 COMPANY POSITIONING GRID
2.2.5 COMAPANY MARKET SHARE ANALYSIS
2.2.6 MULTIVARIATE MODELLING
2.2.7 TOP TO BOTTOM ANALYSIS
2.2.8 STANDARDS OF MEASUREMENT
2.2.9 VENDOR SHARE ANALYSIS
2.2.10 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.11 DATA POINTS FROM KEY SECONDARY DATABASES
2.3 GLOBAL FARM TIRE MARKET: RESEARCH SNAPSHOT
2.4 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHT
5.1 PORTERS FIVE FORCES
5.2 REGULATORY STANDARDS
5.3 TECHNOLOGICAL TRENDS
5.4 PATENT ANALYSIS
5.5 CASE STUDY
5.6 VALUE CHAIN ANALYSIS
5.7 COMPANY COMPARITIVE ANALYSIS
5.8 PRICING ANALYSIS
5.9 LIST OF FARM TIRES COMPANIES IN U.S.
6 GLOBAL FARM TIRE MARKET, BY PRODUCT
6.1 OVERVIEW
6.2 BIAS TIRE
6.3 RADIAL TIRE
6.4 MUNICIPAL TIRES
6.5 IMPLEMENT CROSS PLY TIRES
6.6 OTHERS
7 GLOBAL FARM TIRE MARKET, BY PRESSURE
7.1 OVERVIEW
7.2 HIGH PRESSURE
7.3 LOW PRESSURE
7.4 EXTRA LOW PRESSURE
8 GLOBAL FARM TIRE MARKET, BY RIM DIAMETER
8.1 OVERVIEW
8.2 UPTO 15
8.3 15 TO 30
8.4 ABOVE 30
9 GLOBAL FARM TIRE MARKET, BY TIRE TYPE
9.1 OVERVIEW
9.2 TUBELESS
9.3 TIRE TUBE
10 GLOBAL FARM TIRE MARKET, BY MATERIAL
10.1 OVERVIEW
10.2 NYLON
10.3 SOLID RUBBER
10.4 RUBBER
10.5 OTHERS
11 GLOBAL FARM TIRE MARKET, BY APPLICATION
11.1 OVERVIEW
11.2 TRACTORS
11.2.1 BY CATEGORY
11.2.1.1. R-1/R-2
11.2.1.2. R-3
11.2.1.3. R-4
11.2.2 BY THREAD TYPE
11.2.2.1. LUGS
11.2.2.2. RIBS
11.3 FLOTATION
11.4 LOADERS
11.5 TRAILER
11.6 TELEHANDLER
11.7 FORESTRY
11.8 IMPLEMENT
11.9 SPRAYER
11.1 HARVESTORS
11.11 DRILL
11.12 OTHERS
12 GLOBAL FARM TIRE MARKET, BY SALES CHANNEL
12.1 OVERVIEW
12.2 OEM
12.3 AFTERMARKET
13 GLOBAL FARM TIRE MARKET, BY GEOGRAPHY
GLOBAL FARM TIRE MARKET, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
13.1 NORTH AMERICA
13.1.1 U.S.
13.1.2 CANADA
13.1.3 MEXICO
13.2 EUROPE
13.2.1 GERMANY
13.2.2 FRANCE
13.2.3 U.K.
13.2.4 ITALY
13.2.5 SPAIN
13.2.6 RUSSIA
13.2.7 TURKEY
13.2.8 BELGIUM
13.2.9 NETHERLANDS
13.2.10 NORWAY
13.2.11 FINLAND
13.2.12 SWITZERLAND
13.2.13 DENMARK
13.2.14 SWEDEN
13.2.15 POLAND
13.2.16 REST OF EUROPE
13.3 ASIA PACIFIC
13.3.1 JAPAN
13.3.2 CHINA
13.3.3 SOUTH KOREA
13.3.4 INDIA
13.3.5 AUSTRALIA
13.3.6 NEW ZEALAND
13.3.7 SINGAPORE
13.3.8 THAILAND
13.3.9 MALAYSIA
13.3.10 INDONESIA
13.3.11 PHILIPPINES
13.3.12 TAIWAN
13.3.13 VIETNAM
13.3.14 REST OF ASIA PACIFIC
13.4 SOUTH AMERICA
13.4.1 BRAZIL
13.4.2 ARGENTINA
13.4.3 REST OF SOUTH AMERICA
13.5 MIDDLE EAST AND AFRICA
13.5.1 SOUTH AFRICA
13.5.2 EGYPT
13.5.3 SAUDI ARABIA
13.5.4 U.A.E
13.5.5 OMAN
13.5.6 BAHRAIN
13.5.7 ISRAEL
13.5.8 KUWAIT
13.5.9 QATAR
13.5.10 REST OF MIDDLE EAST AND AFRICA
13.6 KEY PRIMARY INSIGHTS: BY MAJOR COUNTRIES
14 GLOBAL FARM TIRE MARKET,COMPANY LANDSCAPE
14.1 COMPANY SHARE ANALYSIS: GLOBAL
14.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
14.3 COMPANY SHARE ANALYSIS: EUROPE
14.4 COMPANY SHARE ANALYSIS: ASIA PACIFIC
14.5 MERGERS & ACQUISITIONS
14.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
14.7 EXPANSIONS
14.8 REGULATORY CHANGES
14.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
15 GLOBAL FARM TIRE MARKET, SWOT & DBMR ANALYSIS
16 GLOBAL FARM TIRE MARKET, COMPANY PROFILE
16.1 TITAN INTERNATIONAL, INC.
16.1.1 COMPANY SNAPSHOT
16.1.2 REVENUE ANALYSIS
16.1.3 GEOGRAPHIC PRESENCE
16.1.4 PRODUCT PORTFOLIO
16.1.5 RECENT DEVELOPMENT
16.2 BALKRISHNA INDUSTRIES LIMITED (BKT)
16.2.1 COMPANY SNAPSHOT
16.2.2 REVENUE ANALYSIS
16.2.3 GEOGRAPHIC PRESENCE
16.2.4 PRODUCT PORTFOLIO
16.2.5 RECENT DEVELOPMENT
16.3 JK TYRE & INDUSTRIES LTD
16.3.1 COMPANY SNAPSHOT
16.3.2 REVENUE ANALYSIS
16.3.3 GEOGRAPHIC PRESENCE
16.3.4 PRODUCT PORTFOLIO
16.3.5 RECENT DEVELOPMENT
16.4 MAHANSARIA TYRES PVT LTD (MTPL)
16.4.1 COMPANY SNAPSHOT
16.4.2 REVENUE ANALYSIS
16.4.3 GEOGRAPHIC PRESENCE
16.4.4 PRODUCT PORTFOLIO
16.4.5 RECENT DEVELOPMENT
16.5 CEAT LTD
16.5.1 COMPANY SNAPSHOT
16.5.2 REVENUE ANALYSIS
16.5.3 GEOGRAPHIC PRESENCE
16.5.4 PRODUCT PORTFOLIO
16.5.5 RECENT DEVELOPMENT
16.6 BRIDGESTONE AMERICAS TIRE OPERATIONS, LLC.
16.6.1 COMPANY SNAPSHOT
16.6.2 REVENUE ANALYSIS
16.6.3 GEOGRAPHIC PRESENCE
16.6.4 PRODUCT PORTFOLIO
16.6.5 RECENT DEVELOPMENT
16.7 MICHELIN
16.7.1 COMPANY SNAPSHOT
16.7.2 REVENUE ANALYSIS
16.7.3 GEOGRAPHIC PRESENCE
16.7.4 PRODUCT PORTFOLIO
16.7.5 RECENT DEVELOPMENT
16.8 CONTINENTAL TIRES
16.8.1 COMPANY SNAPSHOT
16.8.2 REVENUE ANALYSIS
16.8.3 GEOGRAPHIC PRESENCE
16.8.4 PRODUCT PORTFOLIO
16.8.5 RECENT DEVELOPMENT
16.9 GRI TIRES
16.9.1 COMPANY SNAPSHOT
16.9.2 REVENUE ANALYSIS
16.9.3 GEOGRAPHIC PRESENCE
16.9.4 PRODUCT PORTFOLIO
16.9.5 RECENT DEVELOPMENT
16.1 MRL TYRES LIMITED
16.10.1 COMPANY SNAPSHOT
16.10.2 REVENUE ANALYSIS
16.10.3 GEOGRAPHIC PRESENCE
16.10.4 PRODUCT PORTFOLIO
16.10.5 RECENT DEVELOPMENT
16.11 THE CARLSTAR GROUP, LLC
16.11.1 COMPANY SNAPSHOT
16.11.2 REVENUE ANALYSIS
16.11.3 GEOGRAPHIC PRESENCE
16.11.4 PRODUCT PORTFOLIO
16.11.5 RECENT DEVELOPMENT
16.12 NOKIAN TYRES PLC
16.12.1 COMPANY SNAPSHOT
16.12.2 REVENUE ANALYSIS
16.12.3 GEOGRAPHIC PRESENCE
16.12.4 PRODUCT PORTFOLIO
16.12.5 RECENT DEVELOPMENT
16.13 APOLLO TYRES LTD
16.13.1 COMPANY SNAPSHOT
16.13.2 REVENUE ANALYSIS
16.13.3 GEOGRAPHIC PRESENCE
16.13.4 PRODUCT PORTFOLIO
16.13.5 RECENT DEVELOPMENT
16.14 ATG TIRE GROUP (A SUBSIDIARY OF YOKOHAMA)
16.14.1 COMPANY SNAPSHOT
16.14.2 REVENUE ANALYSIS
16.14.3 GEOGRAPHIC PRESENCE
16.14.4 PRODUCT PORTFOLIO
16.14.5 RECENT DEVELOPMENT
16.15 HBI TYRES & WHEELS
16.15.1 COMPANY SNAPSHOT
16.15.2 REVENUE ANALYSIS
16.15.3 GEOGRAPHIC PRESENCE
16.15.4 PRODUCT PORTFOLIO
16.15.5 RECENT DEVELOPMENT
16.16 DEESTONE-TIRES
16.16.1 COMPANY SNAPSHOT
16.16.2 REVENUE ANALYSIS
16.16.3 GEOGRAPHIC PRESENCE
16.16.4 PRODUCT PORTFOLIO
16.16.5 RECENT DEVELOPMENT
16.17 SPECIALTY TIRES OF AMERICA, INC.
16.17.1 COMPANY SNAPSHOT
16.17.2 REVENUE ANALYSIS
16.17.3 GEOGRAPHIC PRESENCE
16.17.4 PRODUCT PORTFOLIO
16.17.5 RECENT DEVELOPMENT
16.18 PROMETEON TYRE GROUP S.R.L.
16.18.1 COMPANY SNAPSHOT
16.18.2 REVENUE ANALYSIS
16.18.3 GEOGRAPHIC PRESENCE
16.18.4 PRODUCT PORTFOLIO
16.18.5 RECENT DEVELOPMENT
16.19 MAGNA TYRES GROUP
16.19.1 COMPANY SNAPSHOT
16.19.2 REVENUE ANALYSIS
16.19.3 GEOGRAPHIC PRESENCE
16.19.4 PRODUCT PORTFOLIO
16.19.5 RECENT DEVELOPMENT
16.2 ASIAN TIRE FACTORY LIMITED
16.20.1 COMPANY SNAPSHOT
16.20.2 REVENUE ANALYSIS
16.20.3 GEOGRAPHIC PRESENCE
16.20.4 PRODUCT PORTFOLIO
16.20.5 RECENT DEVELOPMENT
16.21 MRF TIRES
16.21.1 COMPANY SNAPSHOT
16.21.2 REVENUE ANALYSIS
16.21.3 GEOGRAPHIC PRESENCE
16.21.4 PRODUCT PORTFOLIO
16.21.5 RECENT DEVELOPMENT
16.22 BIRLA TYRES
16.22.1 COMPANY SNAPSHOT
16.22.2 REVENUE ANALYSIS
16.22.3 GEOGRAPHIC PRESENCE
16.22.4 PRODUCT PORTFOLIO
16.22.5 RECENT DEVELOPMENT
NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDY AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST
17 CONCLUSION
18 QUESTIONNAIRE
19 RELATED REPORTS
20 ABOUT DATA BRIDGE MARKET RESEARCH
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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