The IMARC Group provides extensive analysis of Europe off-the-road (OTR) tire industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on the Europe off-the-road tire market report, size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
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| Europe OTR Tire Market |
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
- Historical market data from 2016-2021
- CAGR of the market during the forecast period 2022-2027
- Detailed information on factors that will drive market growth during the next five years
- Precise estimation of the Keyword market size and its contribution to the parent market
- Upcoming market trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on key players
- Comprehensive details of factors that will challenge the growth of smart meters market key players
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Industry Overview and Application:
Off-the-Road (OTR) tires are deep-treaded tires that are widely utilized with heavy-duty equipment and vehicles. They are designed to lift heavy weights, travel on difficult terrains, including mud, gravel and loose dirt, and perform well in rough conditions. They provide excellent durability, optimum stability, and easy mobility while enhancing the overall vehicular performance. As a result, they are commonly equipped with earthmovers, bulldozers, loaders, graders, military trucks and telescopic handlers.
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Market Trends and Drivers:
The market in Europe is primarily driven by significant growth in the construction industry. This is supported by the increasing investments by the governments of numerous countries across the region in infrastructural development projects. Along with this, significant growth in the mining sector has led to the rising adoption of large haul trucks across the region, which has provided a boost to the market growth. Other factors, such as the shifting preference from manual farming methods to farm mechanization in an attempt to enhance overall productivity and reduce labor costs across the agriculture sector, are contributing to the market growth further.
Europe Off-the-Road (OTR) Tire Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the Europe off-the-road tire market has been studied in the report with the detailed profiles of the key players operating in the market.
Competitive Landscape with Key Players:
- Balkrishna Industries Limited
- Bridgestone Corporation
- Continental AG
- Double Coin Tyre Group Ltd.
- Michelin
- Nokian Tyres
- Pirelli
- The Goodyear Tyre & Rubber Company
- Trelleborg
- Triangle Tires
- Yokohama Rubber Company Limited
Market Segmentation:
The report has segmented the Europe OTR tire market on the basis of vehicle type, tire type, end use, distribution channel, rim size and country.
Breakup by Vehicle Type:
- Mining Vehicles
- Construction & Industrial Vehicles
- Agricultural Vehicles
- Others
Breakup by Tire Type:
- Radial Tire
- Bias Tire
Breakup by End Use:
- OEM
- Replacement
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Rim Size:
- Below 24 inches
- 24-30 inches
- 31-35 inches
- 36-39 inches
- 40-50 inches
- 51-55 inches
- Above 56 inches
Breakup by Country:
- Germany
- France
- Russia
- United Kingdom
- Italy
- Spain
- Others
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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