OTR Tires Market By Construction & Mining Equipment, By Agriculture Tractors, By Industrial Equipment, By Type, By Region Analysis - Global Forecast 2022-2027
The OTR Tires Market is expected to be around US$ 8 Billion by 2027 at a CAGR of 4.50%.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
4
REPORT DESCRIPTION
The OTR Tires Market is expected to be around US$ 8 Billion by 2027 at a CAGR of 4.50%.
Off the road (OTR) tires are designed to supply traction to vehicles in uneven tract and improve stability and performance. OTR tires are incorporated on machinery that are utilised in construction, mining, agriculture, and industrial sectors.
Increasing population and demand for higher yield is driving the demand for tractors and agriculture instrumentality vehicles, thereby driving the demand for OTR tires. Increase in preference for using trendy instrumentality for farming activities has boosted the adoption of tractors, that in turn is driving the OTR tire market.
Global OTR Tires Market is segmented based on the Construction & Mining Equipment as Articulated Dump Truck, Rigid Dump Truck, Backoe Loaders, Asphalt Finisher, Motor Grader, Motor Scraper, RTLT-Masted, RTLT-Telescopic, Skid- Steer Loaders, Wheeled Excavators, Wheeled Loaders < 80HP, Wheeled Loaders > 80HP, Crawler Dozer, Crawler Excavators, Crawler Loader and Mini Excavators. The report segments global OTR Tires Market based on Agriculture Tractors as <30 hp Tractors, 31-100 hp Tractors, 101-200 hp Tractors and >200 hp Tractors. Based on industrial equipment it covers Forklift, Aisle Trucks and Tow Tractors. Based on type it covers Global OTR Tires Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional OTR Tires Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Global OTR Tires Market share consists of several players including Continental AG, Bridgestone Corporation, MICHELIN, The Good Year Tire Company, Prometeon Tyre Group S.R.L., Yokohama Tire Corporation, Sumitomo Rubber Industries, Ltd., Nokian Tyres, China National Tire & Rubber Co., Ltd., JK Tyre & Industries Ltd., Trelleborg AB, Apollo Tyres Ltd., Quindao Rhino Tyre Co., Ltd., Titan, International Inc., and Balkrishna Industries Limited, Double Coin Tyre Group Ltd., and Triangle Group Co., Ltd.
The OTR Tires Market has been segmented as below:
OTR Tires Market, By Construction & Mining Equipment
OTR Tires Market, By Agriculture Tractors
OTR Tires Market, By Industrial Equipment
OTR Tires Market, By Type
OTR Tires Market, By Region
The report covers:
Report scope:
The global OTR Tires Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.
The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Continental AG, Bridgestone Corporation, MICHELIN, The Good Year Tire Company, Prometeon Tyre Group S.R.L., Yokohama Tire Corporation, Sumitomo Rubber Industries, Ltd., Nokian Tyres, China National Tire & Rubber Co., Ltd., JK Tyre & Industries Ltd., Trelleborg AB, Apollo Tyres Ltd., Quindao Rhino Tyre Co., Ltd., Titan, International Inc., and Balkrishna Industries Limited, Double Coin Tyre Group Ltd., and Triangle Group Co., Ltd.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. OTR Tires Market, By Construction and Mining Equipment
5.1. Key Points
5.2. Articulated Dump Truck
5.3. Rigid Dump Truck
5.4. Backoe Loaders
5.5. Asphalt Finisher
5.6. Motor Grader
5.7. Motor Scraper
5.8. RTLT-Masted
5.9. RTLT-Telescopic
5.10. Skid- Steer Loaders
5.11. Wheeled Excavators
5.12. Wheeled Loaders < 80HP
5.13. Wheeled Loaders > 80HP
5.14. Crawler Dozer
5.15. Crawler Excavators
5.16. Crawler Loader
5.17. Mini Excavators
6. OTR Tires Market, By Agriculture Tractors
6.1. Key Points
6.2. <30 hp Tractors
6.3. 31-100 hp Tractors
6.4. 101-200 hp Tractors
6.5. >200 hp Tractors
7. OTR Tires Market, By Industrial Equipment
7.1. Key Points
7.2. Forklift
7.3. Aisle Trucks
7.4. Tow Tractors
8. OTR Tires Market, By Application
8.1. Key Points
8.2. Wheeled
8.3. Track
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profile
10.1. Goodyear
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Pirelli
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. Yokohama
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Sumitomo
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Hankook Tire
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Nokian
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. Ceat
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
The OTR Tires Market has been segmented as below:
OTR Tires Market, By Construction & Mining Equipment
OTR Tires Market, By Agriculture Tractors
OTR Tires Market, By Industrial Equipment
OTR Tires Market, By Type
OTR Tires Market, By Region
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