Global Agricultural Tractor Tires Market 2017-2021

  • ID: 4240164
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ATG Tires
  • Bridgestone
  • CEAT
  • MICHELIN
  • Mitas
  • Titan International
  • MORE
About Agricultural Tractor Tires

The rapid growth of the agricultural sector is a significant factor that spurs the growth prospect of this market. The rise in the wages of agricultural laborers is empowering farmers to use modern methods of farming. Farmers have started using more farm equipment and tractors to be less dependent on human labor. Growth in the participation of private players and various government initiatives in the agricultural sector and increased willingness to increase farm output have led to the sales growth of the agricultural tractor tires market.

The analysts forecast the global agricultural tractor tires market to grow at a CAGR of 4.93% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global agricultural tractor tires market for 2017-2021. To calculate the market size, the report considers the number of tractors sold in each region.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe

The report, Global Agricultural Tractor Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Bridgestone
- MICHELIN
- Titan International

Other prominent vendors
- ATG Tires
- CEAT
- Mitas

Market drivers
- Growing participation of private players and government initiatives.
- For a full, detailed list, view the full report

Market challenges
- Intermediate layers curbing farmers' purchasing power.
- For a full, detailed list, view the full report

Market trends
- Increase in consolidation of fragmented land in Europe and Americas.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the 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 the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ATG Tires
  • Bridgestone
  • CEAT
  • MICHELIN
  • Mitas
  • Titan International
  • MORE
PART 01: Executive summary

PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by wheel width
  • Global agricultural tractor tires market by wheel width
  • Global agricultural tractor tires market in small-size tire segment
  • Global agricultural tractor tires market in large-size tire segment
PART 07: Geographical segmentation
  • Global agricultural tractor tires market by geography
  • Agricultural tractor tires market in Americas
  • Agricultural tractor tires market in Europe
  • Agricultural tractor tires market in APAC
PART 08: Key leading countries
  • Key leading countries in global agricultural tractor tires market
PART 09: Market drivers
  • High labor wages
  • Growing
PARTicipation of private players and government initiatives
  • Developing global agricultural industry
PART 10: Impact of drivers

PART 11: Market challenges
  • Increase in tractor rental market
  • Intermediate layers curbing farmers' purchasing power
  • Fluctuation in raw material prices
  • Impact of drivers and challenges
PART 12: Market trends
  • Increase in demand for high flexion tractor tires
  • Increase in consolidation of fragmented land in Europe and Americas
  • Asia to emerge as a hub for airless tire manufacturing
PART 13: Vendor landscape
  • Competitive scenario
  • Prominent vendors
PART 14: Key vendor analysis
  • Bridgestone
  • MICHELIN
  • Titan International
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Segmentation of global agricultural tractor tires market
Exhibit 02: Product offerings
Exhibit 03: Global agricultural tractor tires market 2016-2021 (millions of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global agricultural tractor tires market by wheel width 2016
Exhibit 06: Global agricultural tractor tires market by wheel width 2021
Exhibit 07: Global agricultural tractor tires market by wheel width 2016-2021 (millions of units)
Exhibit 08: Global agricultural tractor tires market in small-size tires segment 2016-2021 (millions of units)
Exhibit 09: Global agricultural tractor tires market in small-size tires segment by region 2016-2021 (millions of units)
Exhibit 10: Global agricultural tractor tires market in large-size tire segment 2016-2021 (millions of units)
Exhibit 11: Global agricultural tractor tires market in large-size tires segment by region 2016-2021 (millions of units)
Exhibit 12: Global agricultural tractor tires market by geography 2016 and 2021
Exhibit 13: Agricultural tractor tires market in Americas 2016-2021 (millions of units)
Exhibit 14: Average farm size in European countries (acres)
Exhibit 15: Global agricultural tractor tires market in Europe 2016-2021 (millions of units)
Exhibit 16: Sales of new tractors in European countries 2010-2015 (thousands of units)
Exhibit 17: Global agricultural tractor tires market in APAC 2016-2021 (millions of units)
Exhibit 18: Agricultural tractor tires market in APAC 2016-2021 (millions of units)
Exhibit 19: Key leading countries in global agricultural tractor tires market
Exhibit 20: Minimum wages in US states on hourly basis 2016
Exhibit 21: Impact of drivers
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Bridgestone: Business segmentation by revenue 2015
Exhibit 24: Bridgestone: Geographical segmentation by revenue 2015
Exhibit 25: Bridgestone: Recent developments
Exhibit 26: MICHELIN: Business segmentation by revenue 2015
Exhibit 27: MICHELIN: Recent developments
Exhibit 28: Titan International: Business segmentation by revenue 2015
Exhibit 29: Titan International: Recent developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ATG Tires
  • Bridgestone
  • CEAT
  • MICHELIN
  • Mitas
  • Titan International
  • MORE
New Report Released: – Global Agricultural Tractor Tires Market 2017-2021

The author of the report recognizes the following companies as the key players in the global agricultural tractor tires market: Bridgestone, MICHELIN, and Titan International.

Other Prominent Vendors in the market are: ATG Tires, CEAT, and Mitas.

Commenting on the report, an analyst from the research team said: “One trend in market is increase in demand for high flexion tractor tires. There has been a growing demand for high flexion tractor tires that can carry load with approximately 40% reduced air pressure. These tires have several advantages as they guarantee longer footprint by reducing soil compaction, causing a higher yield. The tire lugs are manufactured in such a way that they help tractors move in dirt and mud with ease and such designs also reduce tire slippage.”

According to the report, one driver in market is growing participation of private players and government initiatives. There is a growing focus on the agricultural sector, and most of the economies across the world are putting up their best effort to improve the productivity of their farms. Various initiatives have been taken by the government and spending on agricultural sector is on the rise across all the major economies. Private players are also investing heavily in the agricultural sector. India observed foreign direct investment (FDI) of $2.26 billion between April 2000 and December 2015 in the agricultural sector.

Further, the report states that one challenges in market is increase in tractor rental market. Farm areas in APAC, mostly in countries like India and China, are highly fragmented and small compared with farm areas in developed areas like the US and Europe. Farmers owning small plots often find it difficult to raise funds to buy tractors. The seasonal use of tractors makes it less appealing for cost-sensitive farmers to buy such tractors. Hence, farmers prefer renting tractors for a fraction of their cost and save the additional money, which would have otherwise be spent on tractor maintenance. Increase in the number of households participating in tractor rentals is causing less tractors to be sold to the farmers in India. About 3% of households depending on agriculture for livelihood amounting to about 5 million households are estimated to participate in tractor rentals in India during 2015.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Bridgestone
  • MICHELIN
  • Titan International
  • ATG Tires
  • CEAT
  • Mitas
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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