The global earthmoving equipment tyres market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for earthmoving equipment in developing economies such as China and India, which are witnessing rapid economic growth and urbanization. The increase in construction activities across these countries has led to an increased demand for earthmoving equipment, which in turn has boosted the demand for tyres.
Radial Tyres: Radial tyres are used on heavy-duty vehicles such as excavators and loaders that require high traction on rough surfaces or when operating at high speeds over long distances. These types of vehicles have a higher ground pressure than other types of vehicles due to their weight and size, which increases wear on radial tyres more quickly than bias-ply or cross-ply tyres do. This type of tyre also requires more maintenance because it is not self-sealing like bias-ply or cross-ply tires are; therefore, it needs regular inspection and repair work done on it before any damage can occur that could lead to a blowout or other safety hazard while driving the vehicle.
Bias Tyres: Bias tires are used primarily on construction tractors because they provide better traction than radial tires do when operating over uneven surfaces with deep ruts or holes that could cause loss of control if using a radial tire instead; however, they have lower durability than radial tires do because they have less rubber material covering them so they wear out faster than radials do when operated under similar conditions as well as being less resistant to punctures from sharp objects such as nails embedded in dirt roads where there may be debris from previous traffic accidents scattered about from time to time.
Some Of The Growth Factors Of This Market:
- Increasing demand for earthmoving equipment in emerging economies such as India and China is expected to drive the growth of the Earthmoving Equipment Tyres market.
- The increasing demand for earthmoving equipment in construction and mining industries is also driving the growth of the Earthmoving Equipment Tyres market.
- Increasing use of earthmover tyres in agriculture sector will also drive the growth of this market.
- Increasing focus on safety standards by manufacturers will boost this industry.
Industry Growth Insights published a new data on “Earthmoving Equipment Tyres Market”. The research report is titled “Earthmoving Equipment Tyres Market research by Types (Radial Tyres, Bias Tyres), By Applications (Excavators, Loaders, Construction Tractors, Others), By Players/Companies Michelin, Bridgestone, Continental, Goodyear, Sumitomo Rubber Industries, Pirelli, Yokohama Tire, Hankook Tire, Cooper Tire & Rubber, Toyo Tire & Rubber, Titan International, BKT, Nokian Tires, Triangle Tire”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Earthmoving Equipment Tyres Market Research Report
By Type
Radial Tyres, Bias Tyres
By Application
Excavators, Loaders, Construction Tractors, Others
By Companies
Michelin, Bridgestone, Continental, Goodyear, Sumitomo Rubber Industries, Pirelli, Yokohama Tire, Hankook Tire, Cooper Tire & Rubber, Toyo Tire & Rubber, Titan International, BKT, Nokian Tires, Triangle Tire
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Earthmoving Equipment Tyres Market Report Segments:
The global Earthmoving Equipment Tyres market is segmented on the basis of:
Types
Radial Tyres, Bias Tyres
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, Loaders, Construction Tractors, 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:
- Michelin
- Bridgestone
- Continental
- Goodyear
- Sumitomo Rubber Industries
- Pirelli
- Yokohama Tire
- Hankook Tire
- Cooper Tire & Rubber
- Toyo Tire & Rubber
- Titan International
- BKT
- Nokian Tires
- Triangle Tire
Highlights of The Earthmoving Equipment Tyres 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:
- Radial Tyres
- Bias Tyres
- By Application:
- Excavators
- Loaders
- Construction Tractors
- 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 Earthmoving Equipment Tyres 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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- Product & Brand Management
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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?
Earthmoving Equipment Tyres are tyres specifically designed for use on earthmoving equipment. They are made from a tough, durable rubber and have a tread pattern that is designed to grip the ground as the machine moves.
Some of the major players in the earthmoving equipment tyres market are Michelin, Bridgestone, Continental, Goodyear, Sumitomo Rubber Industries, Pirelli, Yokohama Tire, Hankook Tire, Cooper Tire & Rubber, Toyo Tire & Rubber, Titan International, BKT, Nokian Tires, Triangle Tire.
The earthmoving equipment tyres market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Earthmoving Equipment Tyres 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. Earthmoving Equipment Tyres Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Earthmoving Equipment Tyres Market - Supply Chain
4.5. Global Earthmoving Equipment Tyres Market Forecast
4.5.1. Earthmoving Equipment Tyres Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Earthmoving Equipment Tyres Market Size (000 Units) and Y-o-Y Growth
4.5.3. Earthmoving Equipment Tyres Market Absolute $ Opportunity
5. Global Earthmoving Equipment Tyres 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. Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
5.3.1. Radial Tyres
5.3.2. Bias Tyres
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Earthmoving Equipment Tyres 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. Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
6.3.1. Excavators
6.3.2. Loaders
6.3.3. Construction Tractors
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Earthmoving Equipment Tyres 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. Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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. Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Demand Share Forecast, 2019-2026
9. North America Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
9.4.1. Excavators
9.4.2. Loaders
9.4.3. Construction Tractors
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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
9.7.1. Radial Tyres
9.7.2. Bias Tyres
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 Earthmoving Equipment Tyres Demand Share Forecast, 2019-2026
10. Latin America Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
10.4.1. Excavators
10.4.2. Loaders
10.4.3. Construction Tractors
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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
10.7.1. Radial Tyres
10.7.2. Bias Tyres
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 Earthmoving Equipment Tyres Demand Share Forecast, 2019-2026
11. Europe Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
11.4.1. Excavators
11.4.2. Loaders
11.4.3. Construction Tractors
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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
11.7.1. Radial Tyres
11.7.2. Bias Tyres
11.8. Basis Point Share (BPS) Analysi 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 Earthmoving Equipment Tyres Demand Share, 2019-2026
12. Asia Pacific Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
12.4.1. Excavators
12.4.2. Loaders
12.4.3. Construction Tractors
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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
12.7.1. Radial Tyres
12.7.2. Bias Tyres
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 Earthmoving Equipment Tyres Demand Share, 2019-2026
13. Middle East & Africa Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres 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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Application
13.4.1. Excavators
13.4.2. Loaders
13.4.3. Construction Tractors
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 Earthmoving Equipment Tyres Market Size and Volume Forecast by Type
13.7.1. Radial Tyres
13.7.2. Bias Tyres
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 Earthmoving Equipment Tyres Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Earthmoving Equipment Tyres Market: Market Share Analysis
14.2. Earthmoving Equipment Tyres Distributors and Customers
14.3. Earthmoving Equipment Tyres Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Michelin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bridgestone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Continental
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Goodyear
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sumitomo Rubber Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pirelli
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yokohama Tire
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hankook Tire
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cooper Tire & Rubber
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Toyo Tire & 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. Titan International
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BKT
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nokian Tires
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Triangle Tire
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
