The global farm tire market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for agricultural equipment and rising awareness about the benefits of using farm tires. The increasing demand for tractors and harvesters in developing economies such as China, India, Brazil, and Russia has led to an increase in the demand for farm tires. Original Equipment: Â Â Â Â Â Original equipment (OE) tires are manufactured by original equipment manufacturers (OEMs) such as Michelin, Goodyear, Bridgestone etc, which are fitted on tractors or harvesters when they are manufactured. These OE tires have a longer life span than replacement tires because they do not need to be replaced often due to wear and tear caused by usage on farms. Replacement Tires: Replacement tyres are made by aftermarket companies that manufacture them specifically for use on agricultural machinery such as tractors or harvesters that have been purchased second-hand or used previously without OE tyres fitted on them. These replacement tyres can be fitted onto any tractor or harvester irrespective of its make or model but their life span is shorter than OE tyres because they need frequent replacements due to wear and tear caused by usage on farms.
Some Of The Growth Factors Of This Market:
- The global population is expected to grow by 2 billion people by 2050, which will increase the demand for food and agricultural products.
- The world's population is aging, which will lead to a decrease in the number of farmers and farm workers available to produce food.
- Climate change has led to an increase in extreme weather events such as droughts and floods, which can devastate crops and reduce crop yields.
- Rising incomes in developing countries have led to an increased demand for meat products, which require more land than crops do for production purposes (e.g., cattle ranching).
- Increasing urbanization has led many people around the world to move from rural areas into cities where they are no longer able to produce their own food or work on farms.
Industry Growth Insights published a new data on “Farm Tire Market”. The research report is titled “Farm Tire Market research by Types (Original Equipment, Replacement Tires), By Applications (Tractors , Harvesters , Others (Combines Sprayers Trailers etc) ), By Players/Companies Bridgestone Corporation, Cooper Tire & Rubber Co, Michelin, Titan International, Balkrishna Industries Limited, Continental AG, The Goodyear Tire & Rubber Company , Mitas Tires Global, TBC Corp, Pirelli & C SPA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Farm Tire Market Research Report
By Type
Original Equipment, Replacement Tires
By Application
Tractors , Harvesters , Others (Combines Sprayers Trailers etc)Â
By Companies
Bridgestone Corporation, Cooper Tire & Rubber Co, Michelin, Titan International, Balkrishna Industries Limited, Continental AG, The Goodyear Tire & Rubber Company , Mitas Tires Global, TBC Corp, Pirelli & C SPA
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Farm Tire Market Report Segments:
The global Farm Tire market is segmented on the basis of:
Types
Original Equipment, Replacement Tires
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
Tractors , Harvesters , Others (Combines Sprayers Trailers etc)Â
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:
- Bridgestone Corporation
- Cooper Tire & Rubber Co
- Michelin
- Titan International
- Balkrishna Industries Limited
- Continental AG
- The Goodyear Tire & Rubber CompanyÂ
- Mitas Tires Global
- TBC Corp
- Pirelli & C SPA
Highlights of The Farm Tire 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:
- Original Equipment
- Replacement Tires
- By Application:
- TractorsÂ
- HarvestersÂ
- Others (Combines Sprayers Trailers etc)Â
- 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 Farm Tire 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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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?
Farm Tire is a company that manufactures and sells tires for agricultural purposes.
Some of the major companies in the farm tire market are Bridgestone Corporation, Cooper Tire & Rubber Co, Michelin, Titan International, Balkrishna Industries Limited, Continental AG, The Goodyear Tire & Rubber Company‚Â , Mitas Tires Global, TBC Corp, Pirelli & C SPA.
The farm tire market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Farm Tire 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. Farm Tire Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Farm Tire Market - Supply Chain
4.5. Global Farm Tire Market Forecast
4.5.1. Farm Tire Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Farm Tire Market Size (000 Units) and Y-o-Y Growth
4.5.3. Farm Tire Market Absolute $ Opportunity
5. Global Farm Tire 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. Farm Tire Market Size and Volume Forecast by Type
5.3.1. Original Equipment
5.3.2. Replacement Tires
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Farm Tire 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. Farm Tire Market Size and Volume Forecast by Application
6.3.1. Tractors
6.3.2. Harvesters
6.3.3. Others (Combines Sprayers Trailers etc)
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Farm Tire 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. Farm Tire 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 Farm Tire 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. Farm Tire 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 Farm Tire Demand Share Forecast, 2019-2026
9. North America Farm Tire 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 Farm Tire 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 Farm Tire Market Size and Volume Forecast by Application
9.4.1. Tractors
9.4.2. Harvesters
9.4.3. Others (Combines Sprayers Trailers etc)
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Farm Tire Market Size and Volume Forecast by Type
9.7.1. Original Equipment
9.7.2. Replacement Tires
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 Farm Tire Demand Share Forecast, 2019-2026
10. Latin America Farm Tire 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 Farm Tire 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 Farm Tire Market Size and Volume Forecast by Application
10.4.1. Tractors
10.4.2. Harvesters
10.4.3. Others (Combines Sprayers Trailers etc)
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Farm Tire Market Size and Volume Forecast by Type
10.7.1. Original Equipment
10.7.2. Replacement Tires
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 Farm Tire Demand Share Forecast, 2019-2026
11. Europe Farm Tire 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 Farm Tire 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 Farm Tire Market Size and Volume Forecast by Application
11.4.1. Tractors
11.4.2. Harvesters
11.4.3. Others (Combines Sprayers Trailers etc)
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Farm Tire Market Size and Volume Forecast by Type
11.7.1. Original Equipment
11.7.2. Replacement Tires
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 Farm Tire Demand Share, 2019-2026
12. Asia Pacific Farm Tire 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 Farm Tire 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 Farm Tire Market Size and Volume Forecast by Application
12.4.1. Tractors
12.4.2. Harvesters
12.4.3. Others (Combines Sprayers Trailers etc)
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Farm Tire Market Size and Volume Forecast by Type
12.7.1. Original Equipment
12.7.2. Replacement Tires
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 Farm Tire Demand Share, 2019-2026
13. Middle East & Africa Farm Tire 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 Farm Tire 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 Farm Tire Market Size and Volume Forecast by Application
13.4.1. Tractors
13.4.2. Harvesters
13.4.3. Others (Combines Sprayers Trailers etc)
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Farm Tire Market Size and Volume Forecast by Type
13.7.1. Original Equipment
13.7.2. Replacement Tires
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 Farm Tire Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Farm Tire Market: Market Share Analysis
14.2. Farm Tire Distributors and Customers
14.3. Farm Tire Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bridgestone Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cooper Tire & Rubber Co
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Michelin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Titan International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Balkrishna Industries Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Continental AG
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. The Goodyear Tire & Rubber Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Mitas Tires Global
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TBC Corp
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Pirelli & C SPA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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