According to www.techsciresearch.com latest Report- Global OTR tire market stood at over $ 19 billion in 2019 and is projected to cross $ 31 billion by 2025, on the back of a growing number of infrastructure development projects worldwide
Report URL- https://www.techsciresearch.com/report/otr-tire-market/3725.html
Australia Tire Market Forecast and opportunities 2026TechSci Research
Australia tire market was valued around USD2.04 billion in 2020 and is forecast to reach USD2.70 billion by 2026, growing at a CAGR of 4.19% by 2026. https://bit.ly/3FpwZXr
Automotive voice recognition system market size , share & forecast 2024TechSci Research
According to www.techsciresearch.com latest Report- The Global Automotive voice recognition system market is projected to grow at a CAGR of around 20% and reach $ 34 billion by 2024.
Report URL- https://www.techsciresearch.com/report/voice-recognition-system-market/1765.html
Adaptive front light market forecast & opportunities, 2023 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Global adaptive front light market is projected to grow from $1.3 billion in 2017 to $ 2.6 billion by 2023, exhibiting a double digit CAGR of around 13% during the forecast period.
Report URL- https://www.techsciresearch.com/report/adaptive-front-lights-afl-market/3234.html
India Gas Genset Market Analysis 2027 | TechSci ResearchTechSci Research
Improved techniques with enhanced productivity, growing investments across upstream oil and gas sector, technological advancements and favorable government initiatives to bolster India gas genset market growth through FY2026. https://bit.ly/2Mrc0wJ
Markntel advisors Global OTR Tire Market Analysis, 2020ShivaKumar1833
MarkNtel Advisors comprises market specific information that is intended for key sets of customers which can be used for internal purposes, but not for general publication or disclosure to third parties. For more detail visit us at marknteladvisors.com or call us at +1 (613) 707-5086 or +91 120 4725470
Ground support equipment is the support equipment found at an airport, the servicing area by the terminal. Ground support equipment is used to service the aircraft between flights. Based on application, the market is segmented into commercial cargo service, passenger service, military cargo service, commercial cargo service and military aircraft service. In 2017, among the various application, commercial cargo service segment dominated the market followed by military cargo service. In addition, commercial cargo service is also expected to grow at the highest rate for the coming years.
As the medical device technology is on rise (especially in developing countries), the Europe connected healthcare market is projected to reach USD XXXX million in 2024 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, North America connected healthcare market touched USD XXXX million in 2016 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2024As a result, if seen from the big market point of view, m health services demand is higher in homecare settings followed by other healthcare facilities.
Australia Tire Market Forecast and opportunities 2026TechSci Research
Australia tire market was valued around USD2.04 billion in 2020 and is forecast to reach USD2.70 billion by 2026, growing at a CAGR of 4.19% by 2026. https://bit.ly/3FpwZXr
Automotive voice recognition system market size , share & forecast 2024TechSci Research
According to www.techsciresearch.com latest Report- The Global Automotive voice recognition system market is projected to grow at a CAGR of around 20% and reach $ 34 billion by 2024.
Report URL- https://www.techsciresearch.com/report/voice-recognition-system-market/1765.html
Adaptive front light market forecast & opportunities, 2023 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Global adaptive front light market is projected to grow from $1.3 billion in 2017 to $ 2.6 billion by 2023, exhibiting a double digit CAGR of around 13% during the forecast period.
Report URL- https://www.techsciresearch.com/report/adaptive-front-lights-afl-market/3234.html
India Gas Genset Market Analysis 2027 | TechSci ResearchTechSci Research
Improved techniques with enhanced productivity, growing investments across upstream oil and gas sector, technological advancements and favorable government initiatives to bolster India gas genset market growth through FY2026. https://bit.ly/2Mrc0wJ
Markntel advisors Global OTR Tire Market Analysis, 2020ShivaKumar1833
MarkNtel Advisors comprises market specific information that is intended for key sets of customers which can be used for internal purposes, but not for general publication or disclosure to third parties. For more detail visit us at marknteladvisors.com or call us at +1 (613) 707-5086 or +91 120 4725470
Ground support equipment is the support equipment found at an airport, the servicing area by the terminal. Ground support equipment is used to service the aircraft between flights. Based on application, the market is segmented into commercial cargo service, passenger service, military cargo service, commercial cargo service and military aircraft service. In 2017, among the various application, commercial cargo service segment dominated the market followed by military cargo service. In addition, commercial cargo service is also expected to grow at the highest rate for the coming years.
As the medical device technology is on rise (especially in developing countries), the Europe connected healthcare market is projected to reach USD XXXX million in 2024 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, North America connected healthcare market touched USD XXXX million in 2016 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2024As a result, if seen from the big market point of view, m health services demand is higher in homecare settings followed by other healthcare facilities.
Increasing mechanization in agriculture and growing popularity of bank financing facilities are expected to lead to the growth of tractors all over the globe in the forecast period.https://bit.ly/3tGrSg5
“Global OTR (Off-the-Road) Tires Market Outlook 2024” contains a detailed overview of the global OTR (off-the-road) tires market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by components type, by applications and by End Users.
Overall, the report represents the global OTR tires market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Strategy for Adoption of Two-Wheeler Electric Vehicles in Urban Markets of IndiaRajesh Gusain
This paper attempts to evaluate the adoption strategy in the short to medium term to drive demand for the electric vehicle in urban transportation markets in India.
Industrial Absorbents Market Forecast 2024 | TechSci ResearchTechSci Research
According to www.techsciresearch.com latest report- Industrial absorbents market, globally, is projected to grow from $ 3.8 billion in 2018 to $ 5.1 billion by 2024, exhibiting a CAGR of 5.24% during the forecast period.
Report URL- https://www.techsciresearch.com/report/global-industrial-absorbents-market/3811.html
Global silicone coating market is anticipated to grow at a formidable CAGR during the forecast period. The growing manufacturing & end-use industries coupled with increasing construction sector is surging the demand for silicone coatings in the Asia-Pacific region.
Global atv tire market size, share & market forecast 2024 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Global ATV tire market is forecast to reach $ 646 million by 2024 on account of increasing demand for all-terrain vehicle (ATV) for off-road activities.
Report URL- https://www.techsciresearch.com/report/atv-tire-market/3898.html
The global automotive glazing market is anticipated to grow at a CAGR of 8.55% during the forecast period to reach USD24,353.29 million by 2026. https://bit.ly/3M8W63Z
Egypt Tire Market, Forecast and Opportunities, 2030 - Techsci ResearchTechSci Research
According to www.techsciresearch.com Latest Report- Egypt tire market is expected to grow at a CAGR of over 8.3%, to reach $ 1.82 billion by 2030, on the back of growing vehicle sales, increasing purchasing power of consumers and growing infrastructure development across the country.
Report URL- https://www.techsciresearch.com/report/egypt-tire-market/4274.html
Global electric motorcycle market stood around USD1,930.64 million in 2020 and is estimated to reach USD6,220.82 million in 2026, advancing with a CAGR of 19.36%.
Click : https://bit.ly/3LzKTt9
Automotive Ventilated Seats Market 2024 - BrochureTechSci Research
Global automotive ventilated seats market is anticipated to reach $ 9.2 billion by 2024 on account of surging demand for comfortable and luxurious seating features. https://www.techsciresearch.com/report/automotive-ventilated-seats-market/4195.html
Global automotive seat tracks market is expected to show robust growth with an impressive CAGR in the forecast period, 2016-2026 . https://redirect.is/qyi2ykn
Global automotive memory market size, share & market forecast 2025 TechSci Research
ccording to www.techsciresearch.com latest Report- Global automotive memory market is anticipated to grow at a double digit CAGR through 2025 on account of growing use of memory bundles in automobiles coupled with growing popularity of connected devices.
Report URL- https://www.techsciresearch.com/report/automotive-memory-market/4342.html
Africa Two-Wheeler Market Forecast 2021 - brochureKen Mathews
According to www.techsciresearch.com report, “Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast & Opportunities, 2011 – 2021”, the two-wheeler market in Africa is projected to cross $9 billion by 2021.
Report URL :- https://www.techsciresearch.com/report/africa-two-wheeler-market-by-vehicle-type-motorcycle-vs-scooter-by-country-south-africa-nigeria-tanzania-kenya-algeria-uganda-egypt-morocco-angola-and-ethiopia-competition-forecast-opportunities-2011-2021/769.html
Japan tire market size, share and market forecast 2025 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Japan tire market is projected to cross $ 35 billion by 2025, on the back of increasing production of vehicles and expanding automobile fleet size in the country.
Report URL- https://www.techsciresearch.com/report/japan-tire-market/4483.html
Automotive navigation systems market size, share & market forecast - TechSci ...TechSci Research
According to www.techsciresearch.com latest Report- Global automotive navigation systems market is projected to surpass $ 6 billion by 2024, on account of increasing need for monitoring real-time traffic
Report URL- https://www.techsciresearch.com/report/automotive-navigation-systems-market/3863.html
Global Electric Power Steering Market, Forecast and Opportunities, 2027.pdfTechSci Research
Global electric power steering market is anticipated to grow at a CAGR of 4.40% during the forecast period to reach USD56.43 billion by 2027. Click : https://bit.ly/3O0qnTT
Global Off the Road (OTR) Tire Market AnalysisAdrenaSharma
Global Off the Road (OTR) Tire Market is likely to grow at a CAGR of around 4.8% during 2021-26. The proliferation of mining activities and the rising number of OTR vehicle fleets can gradually fuel the OTR Tire market during 2021-26.
Global Off the Road (OTR) Tire Market 2021| MarkNtel AdvisorsMarkNtel Advisors
The proliferation of mining activities and the rising number of OTR vehicle fleets can gradually fuel the OTR Tire market during 2021-26. Due to the increased machine hours, the demand for OTR tires in agricultural tractors, construction, and mining equipment is likely to drive the market.
Reports URL- https://www.marknteladvisors.com/research-library/global-otr-tire-market-analysis.html
Global Forklift Market Share & Forecast 2023 - BrochureTechSci Research
Rapidly growing e-commerce sector, technological advancements and rising globalization to aid growth of global forklift market through 2023. https://www.techsciresearch.com/news/3724-motorized-hand-segment-to-witness-fastest-growth-in-global-forklift-market-through-2023-techsci-research.html
Global electric vehicle components market size, share & forecast, 2025TechSci Research
According to www.techsciresearch.com latest Report- Global electric vehicle components market is projected to grow at CAGR of close to 30% during the forecast period on account of surging sales of electric vehicles .
Report URL- https://www.techsciresearch.com/report/-electric-vehicle-components-market/4462.html
Increasing mechanization in agriculture and growing popularity of bank financing facilities are expected to lead to the growth of tractors all over the globe in the forecast period.https://bit.ly/3tGrSg5
“Global OTR (Off-the-Road) Tires Market Outlook 2024” contains a detailed overview of the global OTR (off-the-road) tires market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by components type, by applications and by End Users.
Overall, the report represents the global OTR tires market trends along with a market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
Strategy for Adoption of Two-Wheeler Electric Vehicles in Urban Markets of IndiaRajesh Gusain
This paper attempts to evaluate the adoption strategy in the short to medium term to drive demand for the electric vehicle in urban transportation markets in India.
Industrial Absorbents Market Forecast 2024 | TechSci ResearchTechSci Research
According to www.techsciresearch.com latest report- Industrial absorbents market, globally, is projected to grow from $ 3.8 billion in 2018 to $ 5.1 billion by 2024, exhibiting a CAGR of 5.24% during the forecast period.
Report URL- https://www.techsciresearch.com/report/global-industrial-absorbents-market/3811.html
Global silicone coating market is anticipated to grow at a formidable CAGR during the forecast period. The growing manufacturing & end-use industries coupled with increasing construction sector is surging the demand for silicone coatings in the Asia-Pacific region.
Global atv tire market size, share & market forecast 2024 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Global ATV tire market is forecast to reach $ 646 million by 2024 on account of increasing demand for all-terrain vehicle (ATV) for off-road activities.
Report URL- https://www.techsciresearch.com/report/atv-tire-market/3898.html
The global automotive glazing market is anticipated to grow at a CAGR of 8.55% during the forecast period to reach USD24,353.29 million by 2026. https://bit.ly/3M8W63Z
Egypt Tire Market, Forecast and Opportunities, 2030 - Techsci ResearchTechSci Research
According to www.techsciresearch.com Latest Report- Egypt tire market is expected to grow at a CAGR of over 8.3%, to reach $ 1.82 billion by 2030, on the back of growing vehicle sales, increasing purchasing power of consumers and growing infrastructure development across the country.
Report URL- https://www.techsciresearch.com/report/egypt-tire-market/4274.html
Global electric motorcycle market stood around USD1,930.64 million in 2020 and is estimated to reach USD6,220.82 million in 2026, advancing with a CAGR of 19.36%.
Click : https://bit.ly/3LzKTt9
Automotive Ventilated Seats Market 2024 - BrochureTechSci Research
Global automotive ventilated seats market is anticipated to reach $ 9.2 billion by 2024 on account of surging demand for comfortable and luxurious seating features. https://www.techsciresearch.com/report/automotive-ventilated-seats-market/4195.html
Global automotive seat tracks market is expected to show robust growth with an impressive CAGR in the forecast period, 2016-2026 . https://redirect.is/qyi2ykn
Global automotive memory market size, share & market forecast 2025 TechSci Research
ccording to www.techsciresearch.com latest Report- Global automotive memory market is anticipated to grow at a double digit CAGR through 2025 on account of growing use of memory bundles in automobiles coupled with growing popularity of connected devices.
Report URL- https://www.techsciresearch.com/report/automotive-memory-market/4342.html
Africa Two-Wheeler Market Forecast 2021 - brochureKen Mathews
According to www.techsciresearch.com report, “Africa Two-Wheeler Market By Vehicle Type, By Country, Competition Forecast & Opportunities, 2011 – 2021”, the two-wheeler market in Africa is projected to cross $9 billion by 2021.
Report URL :- https://www.techsciresearch.com/report/africa-two-wheeler-market-by-vehicle-type-motorcycle-vs-scooter-by-country-south-africa-nigeria-tanzania-kenya-algeria-uganda-egypt-morocco-angola-and-ethiopia-competition-forecast-opportunities-2011-2021/769.html
Japan tire market size, share and market forecast 2025 - TechSci ResearchTechSci Research
According to www.techsciresearch.com latest Report- Japan tire market is projected to cross $ 35 billion by 2025, on the back of increasing production of vehicles and expanding automobile fleet size in the country.
Report URL- https://www.techsciresearch.com/report/japan-tire-market/4483.html
Automotive navigation systems market size, share & market forecast - TechSci ...TechSci Research
According to www.techsciresearch.com latest Report- Global automotive navigation systems market is projected to surpass $ 6 billion by 2024, on account of increasing need for monitoring real-time traffic
Report URL- https://www.techsciresearch.com/report/automotive-navigation-systems-market/3863.html
Global Electric Power Steering Market, Forecast and Opportunities, 2027.pdfTechSci Research
Global electric power steering market is anticipated to grow at a CAGR of 4.40% during the forecast period to reach USD56.43 billion by 2027. Click : https://bit.ly/3O0qnTT
Global Off the Road (OTR) Tire Market AnalysisAdrenaSharma
Global Off the Road (OTR) Tire Market is likely to grow at a CAGR of around 4.8% during 2021-26. The proliferation of mining activities and the rising number of OTR vehicle fleets can gradually fuel the OTR Tire market during 2021-26.
Global Off the Road (OTR) Tire Market 2021| MarkNtel AdvisorsMarkNtel Advisors
The proliferation of mining activities and the rising number of OTR vehicle fleets can gradually fuel the OTR Tire market during 2021-26. Due to the increased machine hours, the demand for OTR tires in agricultural tractors, construction, and mining equipment is likely to drive the market.
Reports URL- https://www.marknteladvisors.com/research-library/global-otr-tire-market-analysis.html
Global Forklift Market Share & Forecast 2023 - BrochureTechSci Research
Rapidly growing e-commerce sector, technological advancements and rising globalization to aid growth of global forklift market through 2023. https://www.techsciresearch.com/news/3724-motorized-hand-segment-to-witness-fastest-growth-in-global-forklift-market-through-2023-techsci-research.html
Global electric vehicle components market size, share & forecast, 2025TechSci Research
According to www.techsciresearch.com latest Report- Global electric vehicle components market is projected to grow at CAGR of close to 30% during the forecast period on account of surging sales of electric vehicles .
Report URL- https://www.techsciresearch.com/report/-electric-vehicle-components-market/4462.html
According to www.techsciresearch.com report “Vietnam Tire Market Forecast & Opportunities, 2021”, tire market in Vietnam is projected to cross US$ 3 billion by the end of 2021.
Automotive Navigation Systems Market Size, Share and Trends Report 2024Ashwani Pal Kailiya
Rising need for monitoring real-time traffic and growing demand from sectors such as e-commerce, taxi and logistics requiring locating various addresses to drive global automotive navigation systems market through 2024.
View Complete Report at TechSci: https://www.techsciresearch.com/report/automotive-navigation-systems-market/3863.html
Saudi Arabia has witnessed a robust increase in the number of vehicles over the past five years. During 2012-17, the country has witnessed a compounded growth rate of around 7.44% in the growth of newly registered vehicles on the road. Among the newly registered vehicles passenger car grabbed more than 50% of the overall registration every year, as reported by the General Authority for Statistics.
For more detail call us at +1 (613) 707-5086 or +91 120 4725470
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India passenger car cabin air filter market stood at USD101.45 million in FY2021 and is expected to register growth with a CAGR of approximately 11.69%. http://bit.ly/3MEeQJ5
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Saudi Arabia spare parts market generated a value of USD 4,732.85 million in the year 2021 and the market is expected to grow at a CAGR of 6.24% during the forecast. http://bit.ly/3ZO3ZTq
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Global offshore wind turbine market was valued at USD28.20 billion in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 13.75% due to high investment and development in the power industry. http://bit.ly/3Wq4TCN
Middle East Facility Management Market was valued at USD 64.27 billion in 2022 and is anticipated to project robust growth during the forecast period, registering a CAGR of 8.13% through 2027. http://bit.ly/3IZ64G4
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Malaysia Elevators & Escalators Market was valued at USD 544.84 million in 2021 and is anticipated to project robust growth in the forecast period with a CAGR of 5.03% owing to the rapid rise in urbanization and increase in infrastructure, making way for the elevators & escalators market. https://www.techsciresearch.com/report/malaysia-elevator-and-escalator-market/7209.html
Global Industrial Valves Market was valued at USD 68,702.45 million in 2022 and is anticipated to grow with a CAGR of 4.96% through 2028. The flow of liquids, gases, and slurries can be managed with the help of industrial valves. http://bit.ly/3XlIUOu
Turkey Medical Tourism market stood at USD1497.07 million in 2021 and is expected to grow at steady rate of 12.23% during the forecast period.
https://www.techsciresearch.com/report/turkey-medical-tourism-market/9418.html
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Saudi Arabia automotive lead acid battery market registered around USD280.80 million in 2021 and is estimated to reach USD437.94 million in 2027, advancing with a CAGR of 8.09%. Rapidly increasing fleet of four-wheelers and escalating fleet size across the country to drive the Saudi Arabia automotive lead acid battery market in the upcoming years.
https://www.techsciresearch.com/report/saudi-arabia-automotive-lead-acid-battery-market/12848.html
The India facility management market stood at USD46.27 billion in 2022 and is forecast to grow at a CAGR of 14.84% by 2028. https://www.techsciresearch.com/report/india-facility-management-market/1383.html
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India water heater market is expected to reach USD422.78 million by 2028, growing at a CAGR of 7.16% during the forecast period. The India water heater market is mainly driven by increasing demand from the residential sector, growing per capita income, rising GDP, the increase in sales through online channels, etc. https://bit.ly/3DtyMMM
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Middle East and Africa Electric three-wheeler market stood at USD15,748.91 thousand in 2021 and is forecast to grow at a CAGR of 14.38% to reach USD50,808.07 thousand by 2030. https://bit.ly/3wM0Gyk
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𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
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INDUSTRY BRIEF
According to TechSci Research report, “Global OTR Tire Market By Vehicle Type, By Demand Category, By Region, Competition, Forecast & Opportunities, 2015-2025”,
the global OTR tire market is projected to surpass $ 31 billion by 2025, on account of growing OTR vehicle sales, increasing OTR vehicle fleet size and steadily rising OTR tire
prices. With increasing number of development activities being witnessed across the globe, especially in construction, mining and industrial sectors, demand for OTR tires is
expected to increase at a healthy pace during the forecast period. On account of modernization and increasing use of latest technology, agriculture sector in emerging
economies is also witnessing growth. Various types of advanced OTR vehicles are being introduced for farming, which help in overcoming the problems associated with manual
labor and aid in achieving higher productivity.
In 2018, mining, construction & industrial equipment segment dominated global OTR tire market and the trend is anticipated to continue during the forecast period. Owing to the
introduction of various plans and programs for the development of infrastructure by the governments of various countries, demand for OTR vehicles used in the construction
projects is also increasing and consequently fueling the demand for their tires. Garnering support from increasing surface and underground mining and increasing quarrying
activities across the world, the demand for dump truck, excavators, loaders, etc. is rising considerably, which in turn is propelling the market for OTR tires, globally.
Asia-Pacific accounts for nearly half of the market, backed by several infrastructure and construction projects across the region. Projects like “One Belt One Road” (OBOR)
project in China, which would involve an investment of USD4-6 trillion, is in pipeline, while ongoing projects such as Beijing Shanghai High Speed Railway project, Xiluodu Dam
project, Delhi-Mumbai Industrial Corridor, East Coast Rail Link, Kuala Lumpur-Tumpat projects, Kayan River Hydropower Project and North Kalimantan are boosting demand for
construction equipment, which in turn is aiding the global OTR tire market. According to the Asian Development Bank report, Asia will need to invest USD26 trillion between 2016
to 2030 on developing sectors such as power, transport, telecommunication, water supply, etc., to maintain its targeted growth rates.
“Expanding construction, mining and agriculture sectors coupled with expansion in agriculture vehicle fleet will continue to propel demand for OTR tires, globally, in the coming
years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm. Michelin is the leader in the global OTR tire
market, backed by a varied product portfolio and wide dealership network across the globe. Moreover, presence of various companies like Bridgestone, BKT and Yokahama is
intensifying competition in the global OTR tire market, as they are coming with competitive pricing strategy and advanced OTR tire technology. Moreover, continuous
developments in tire technology are also projected to increase demand for radial OTR tires across the world. Chinese companies such as Zhongce Rubber, Triangle, etc., are
also expanding their product offering and distribution network to gain market share in the global OTR tire market.
24. 24
SAMPLE DATA - SNAPSHOT
CAGR 2015-2019
By Value: xx%
By Volume: xx%
CAGR 2020E-2025F
By Value: xx%
By Volume: xx%
Value (USD Billion) Volume (Million Unit)
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Global OTR Tire Market Size, By Value (USD Billion), By Volume (Million Unit), 2015-2025F
North America OTR Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%
50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Mining, Construction & Industrial Equipment Agriculture Vehicles Others
Mexico OTR Tire Market Share, By Vehicle Type, By Volume, 2015-2025F
20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%
30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%
50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%
2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F
Mining, Construction & Industrial Equipment Agriculture Vehicles Others
25. 25
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26. About Us & Disclaimer
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