Market Overview:
The global bolt on type track pads market is estimated to grow at a CAGR of 4.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for excavators, trenchers, road milling & paving equipment, and other construction equipment. Additionally, the growing infrastructure development activities across the globe are also fueling the demand for bolt on type track pads. The global bolt on type track pads market is segmented by type into 2 bolts and 4 bolts. The 2 bolts segment is expected to hold a larger share of the market during the forecast period owing to its low installation cost and easy replacement process. The global bolt on type track pads market is further segmented by application into excavators, trenchers, road milling & paving equipment, and others (loaders & bulldozers). The excavators segment accounted for a major share of the global bolt on type track pad market in 2017 and is projected to grow at a CAGR of 5% during 2018-2030 owing to rising infrastructural development activities aroundthe world .
Product Definition:
Bolt on type track pads are metal plates that attach to the bottom of a vehicle's track assembly. They provide traction and protect the track from wear and tear.
2 Bolts:
2 bolts is a special type of track pad that uses two bolts to attach the vehicle's suspension to the chassis. The main advantage of using 2 bolts is that they allow easy customization and are less expensive than other types such as 3, 4 or 5 bolts.
The market for 2-bolts has been growing at a steady pace over the past few years and it was estimated by Jostle.
4 Bolts:
The 4 bolts and it's usage in Bolt On Type Track Pads is a new product that has been gaining popularity among the consumers. The track pads are used to provide traction for safety while performing maintenance or repair work on a vehicle’s tires. They are fixed with four bolts which hold them securely to the vehicle’s frame.
Application Insights:
The excavators segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand from construction industries across various regions coupled with increasing penetration of excavators on account of its high reliability, durability, and efficiency.
The road-milling & paving equipment segment is also anticipated to witness significant growth over the coming years owing to increased government spending on infrastructure development projects across various countries including China, India, U.S.
Moreover, growing urbanization along with industrialization in developing economies such as India.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of construction equipment manufacturers in this region. The U.S., being one of the most developed countries, has witnessed high demand from end-users for advanced and efficient equipment that consumes low cost energy to perform various construction activities such as road building and heavy machinery installation etc.
Asia Pacific is expected to be one of the fastest growing regions with a CAGR exceeding 5% during the forecast period on account rising government initiatives towards infrastructure development coupled with increasing investments by private players in order to expand their business operations within this region at a significant pace considering its rapid economic growth over past few years which is attributed towards strong economic policies implemented by respective governments along with favorable macroeconomic factors are some major factors responsible for its rapid growth rate observed during recent years which will continue till 2030 thus positively influencing market growth across this region significantly.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles is expected to drive the growth of bolt on type track pads market.
- Growing popularity of off-road vehicles and SUVs is also anticipated to boost the demand for bolt on type track pads in near future.
- Rising disposable income of consumers coupled with increasing spending on recreational activities is projected to propel the growth of bolt on type track pads market over next few years.
- Technological advancements in manufacturing process are likely to create new opportunities for bolt on type track pad manufacturers in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bolt On Type Track Pads Market Research Report
By Type
2 Bolts, 4 Bolts
By Application
Excavators, Trenchers, Road Milling & Paving Equipment, Others
By Companies
Everpads, Shanghai HuaXiang Rubber Track, Shanghai Puyi Industrial, Global Track Warehouse Group, Leach Lewis Rubber Tracks, Cohidrex, Astrak Group, TFI Tracks, kubota, Shanghai Kymoon Rubber, Zenith Track, Zhenjiang Yijiang Chemical, Xinle Shunde Trading, Linhai Wufeng Rubber Products, Shanghai Doan Machinery Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Bolt On Type Track Pads Market Report Segments:
The global Bolt On Type Track Pads market is segmented on the basis of:
Types
2 Bolts, 4 Bolts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Excavators, Trenchers, Road Milling & Paving Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Everpads
- Shanghai HuaXiang Rubber Track
- Shanghai Puyi Industrial
- Global Track Warehouse Group
- Leach Lewis Rubber Tracks
- Cohidrex
- Astrak Group
- TFI Tracks
- kubota
- Shanghai Kymoon Rubber
- Zenith Track
- Zhenjiang Yijiang Chemical
- Xinle Shunde Trading
- Linhai Wufeng Rubber Products
- Shanghai Doan Machinery Technology
Highlights of The Bolt On Type Track Pads Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2 Bolts
- 4 Bolts
- By Application:
- Excavators
- Trenchers
- Road Milling & Paving Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bolt On Type Track Pads Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bolt On Type Track Pads are a type of racing car track pad that attach to the vehicle's tires using bolts. They are often used on high-performance race cars because they provide increased grip and stability on the track.
Some of the major players in the bolt on type track pads market are Everpads, Shanghai HuaXiang Rubber Track, Shanghai Puyi Industrial, Global Track Warehouse Group, Leach Lewis Rubber Tracks, Cohidrex, Astrak Group, TFI Tracks, kubota, Shanghai Kymoon Rubber, Zenith Track, Zhenjiang Yijiang Chemical, Xinle Shunde Trading, Linhai Wufeng Rubber Products, Shanghai Doan Machinery Technology.
The bolt on type track pads market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bolt On Type Track Pads Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bolt On Type Track Pads Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bolt On Type Track Pads Market - Supply Chain
4.5. Global Bolt On Type Track Pads Market Forecast
4.5.1. Bolt On Type Track Pads Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bolt On Type Track Pads Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bolt On Type Track Pads Market Absolute $ Opportunity
5. Global Bolt On Type Track Pads Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bolt On Type Track Pads Market Size and Volume Forecast by Type
5.3.1. 2 Bolts
5.3.2. 4 Bolts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bolt On Type Track Pads Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bolt On Type Track Pads Market Size and Volume Forecast by Application
6.3.1. Excavators
6.3.2. Trenchers
6.3.3. Road Milling & Paving Equipment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bolt On Type Track Pads Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bolt On Type Track Pads Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bolt On Type Track Pads Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bolt On Type Track Pads Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bolt On Type Track Pads Demand Share Forecast, 2019-2026
9. North America Bolt On Type Track Pads Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bolt On Type Track Pads Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bolt On Type Track Pads Market Size and Volume Forecast by Application
9.4.1. Excavators
9.4.2. Trenchers
9.4.3. Road Milling & Paving Equipment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bolt On Type Track Pads Market Size and Volume Forecast by Type
9.7.1. 2 Bolts
9.7.2. 4 Bolts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bolt On Type Track Pads Demand Share Forecast, 2019-2026
10. Latin America Bolt On Type Track Pads Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bolt On Type Track Pads Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bolt On Type Track Pads Market Size and Volume Forecast by Application
10.4.1. Excavators
10.4.2. Trenchers
10.4.3. Road Milling & Paving Equipment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bolt On Type Track Pads Market Size and Volume Forecast by Type
10.7.1. 2 Bolts
10.7.2. 4 Bolts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bolt On Type Track Pads Demand Share Forecast, 2019-2026
11. Europe Bolt On Type Track Pads Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bolt On Type Track Pads Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bolt On Type Track Pads Market Size and Volume Forecast by Application
11.4.1. Excavators
11.4.2. Trenchers
11.4.3. Road Milling & Paving Equipment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bolt On Type Track Pads Market Size and Volume Forecast by Type
11.7.1. 2 Bolts
11.7.2. 4 Bolts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bolt On Type Track Pads Demand Share, 2019-2026
12. Asia Pacific Bolt On Type Track Pads Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bolt On Type Track Pads Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bolt On Type Track Pads Market Size and Volume Forecast by Application
12.4.1. Excavators
12.4.2. Trenchers
12.4.3. Road Milling & Paving Equipment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bolt On Type Track Pads Market Size and Volume Forecast by Type
12.7.1. 2 Bolts
12.7.2. 4 Bolts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bolt On Type Track Pads Demand Share, 2019-2026
13. Middle East & Africa Bolt On Type Track Pads Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bolt On Type Track Pads Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bolt On Type Track Pads Market Size and Volume Forecast by Application
13.4.1. Excavators
13.4.2. Trenchers
13.4.3. Road Milling & Paving Equipment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bolt On Type Track Pads Market Size and Volume Forecast by Type
13.7.1. 2 Bolts
13.7.2. 4 Bolts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bolt On Type Track Pads Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bolt On Type Track Pads Market: Market Share Analysis
14.2. Bolt On Type Track Pads Distributors and Customers
14.3. Bolt On Type Track Pads Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Everpads
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shanghai HuaXiang Rubber Track
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Shanghai Puyi Industrial
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Global Track Warehouse Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Leach Lewis Rubber Tracks
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cohidrex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Astrak Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TFI Tracks
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. kubota
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shanghai Kymoon Rubber
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Zenith Track
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhenjiang Yijiang Chemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xinle Shunde Trading
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Linhai Wufeng Rubber Products
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Doan Machinery Technology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
