Agriculture Tire & Tire Cord Market Top Vendors, Recent And Future Trends, Growth Factors, Size, Segmentation and Forecast to 2029
Agriculture Tire & Tire Cord Market is expected to reach USD 7.80 Billion at a CAGR of 5.6% during the forecast period 2029.
Agriculture Tire & Tire Cord Market Overview:
The "Global Agriculture Tire & Tire Cord Market Analysis" is an in-depth look at the Agriculture Tire & Tire Cord market, with a focus on global market trends and analysis. This study seeks to provide an overview of the Agriculture Tire & Tire Cord industry as well as detailed market segmentation by segment and geography. The Agriculture Tire & Tire Cord market is expected to expand rapidly over the forecast period. The research contains critical information on the market positions of the top Agriculture Tire & Tire Cord firms, as well as significant industry trends and opportunities.
Agriculture Tire & Tire Cord Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). Weights applied to each section based on usage rate and average sale price are used to determine percentage splits, market shares, and segment breakdowns. The percentage adoption or usage of the provided market Size in the relevant area or nation is used to determine the country-wise splits of the overall market and its sub-segments.
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Agriculture Tire & Tire Cord Market Segmentation:
by Fabric
Material Nylon
Polyester
Rayon
by Tier Type
Radial
Bias
by Application
Tractors
Harvesters
Implements
Irrigation and Other
by Sales
Channel OEMs
Aftermarket
Asia Pacific, North America, Europe, South America, and the Middle East and Africa comprise the regional segments of the global market. Over 65% of the total volume of the global market is held by Asia Pacific. There is a growth in demand for tractors in the region from developing nations like China and India. Tractors are essential to the expansion of agricultural output in India. The average number of tractors sold in India each year is between 600,000 and 700,000 units. According to Deere & Company, India is a major tractor manufacturer. Around 30% of the tractors exported from the United States are made in India, where they are produced in the majority. In the anticipated time frame, the market in the Asia-Pacific region is anticipated to rise steadily.
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Agriculture Tire & Tire Cord Market Key Players:
Primary and secondary research is used to discover industry titans, while primary and secondary research isutilized to assess market revenue. The core research included in-depth interviews with a variety of thought leaders and industry experts, including experienced front-line personnel, CEOs, and marketing specialists. Secondary research comprised an examination of well-known manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then cross-checked against primary data.The following are a few companies working in the Agriculture Tire & Tire Cord industry.
1. Claas KGaA mbH
2. CNH Industrial N.V.
3. AGCO Corporation
4. Mahindra & Mahindra Ltd.
5. Deere & Company
6. Kubota Corporation
7. Yanmar Co., Ltd.
8. Tractors and Farm Equipment Limited
9. Zetor Tractors A.S.
10. Alamo Group, Inc.
11. STEYR
12. New Holland Agriculture
13. Antonio Carraro
14. Argo Tractors S.p.A.
15. Changzhou Dongfeng Agricultural Machinery Group Co. Ltd.
16. CLAAS KGaA mbH
17. Steyr Landmaschinentechnik AG
18. Daedong-USA, Inc. KIOTI Tractor Division
19. Escorts Group
20. Force Motors Ltd.
21. Indo Farm Equipment Limited.
22. Iseki & Co. Ltd
23. Kubota Corporation
24. Mahindra and Mahindra Ltd.
25. Pronar Sp. z o.o.
Agriculture Tire & Tire Cord Market Regional Analysis:
The Agriculture Tire & Tire Cord research focuses into geographic analysis, which is further separated by sub-regions and nations. Profit projections and market share statistics for each country are included in this section of the research. This component of the study examines each region's and country's share and growth rate throughout the forecasted time period.
The report provides a thorough PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America, after considering political, economic, social, and technical issues effecting the Agriculture Tire & Tire Cord market in various sectors.
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COVID-19 Impact Analysis on Agriculture Tire & Tire Cord Market:
Customer behaviour has changed as a result of the COVID-19 virus across all areas of society. Businesses, on the other hand, will need to revise their strategy to account for changing market supply. This report provides an overview of the COVID-19's influence on the Agriculture Tire & Tire Cord market and will assist you in developing your business in accordance with the new industry norms.
Under the COVID-19 Impact section, the Agriculture Tire & Tire Cord Market Report delivers a 360-degree research ranging from the agile supply chain and trade restrictions to regional government policies and the firm's future impact. Primary market research (2021-2027), instances of venture rivalry, the benefits and drawbacks of large corporate channels, and industry growth trends (2021-2027) have all been provided.
Key Questions Answered in the Agriculture Tire & Tire Cord Market Report are:
- How big is the market for Agriculture Tire & Tire Cord?
- Which regional market will emerge as the market leader in the next years?
- Which application category is expected to develop the fastest?
- What opportunities for growth could exist in the Agriculture Tire & Tire Cord industry in the next years?
- What are the most significant future challenges that the Agriculture Tire & Tire Cord market may face?
- Who are the market leaders in the Agriculture Tire & Tire Cord category?
- What are the main trends that are influencing market growth?
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