Monday, 25 January 2016

Analysts forecast the global agriculture tire market to grow at a CAGR of 4.22% during the period 2016-2020

About Agriculture Tire

Agriculture tires are designed for specific vehicles and equipment used in farms, including tractors, sowers, and harvesters. The use of advanced equipment has resulted in significant improvements on crop yield and more use of automation in farms.

Analysts forecast the global agriculture tire market to grow at a CAGR of 4.22% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global agriculture tire market for 2016-2020. To calculate the market size, the report considers the total production of agriculture tires for OEMs and replacement sales.

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The market is divided into the following segments based on application:
Tractor tires
Other tires

Technavio's report, Global Agriculture Tire Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ATG Tires
BKT Tires
Titan International

Other prominent vendors
Armour Tires
Harvest King

Market driver
Revival in global demand for agricultural equipment
For a full, detailed list, view our report

Market challenge
Growing market for re-treading
For a full, detailed list, view our report

Market trend
Exploration of new sales channels
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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