Inquire Before Buying - North America Off the Road (OTR) Tire Market

North America Off the Road (OTR) Tire Market Research Report: Forecast (2022-27)

By Type of Vehicle (Earthmoving & Construction Equipment [Excavator, Backhoe Loaders, Crawler Loaders, Bulldozers, Motor Graders, Dump Trucks], Agricultural Vehicle [Tractors, Comb......ined, Harvester, Farm Trucks, Others], Material Handling Vehicle [Cranes, Forklifts, Tippers, Others]), By Demand Type (OEM, Replacement), By Type of Tire (Radial, Bias), By Sales Channel (Exclusive Stores, Authorized Dealers or Distributors, Others), By Price Category (Budget, Economy, Premium), By Season (All Season, Summer, Winter), By Rim Diameter (20"- 25", 26"-35", 36"-48", Above 48") By Company (Michelin, Goodyear, Bridgestone, Continental, Zhongce Rubber, Kumho, Toyo, Yokohama, Trelleborg, Triangle Group) Read more

Tire
Apr 2022
Pages 188
Report Format: PDF, Excel, PPT

Market Definition

The automotive & tire sectors across North America are vast & rapidly expanding. Several countries across the region are showcasing a swift acceleration in the vehicle fleet and thus positively influencing the demand for tires. Moreover, with the extensive presence of prominent automakers & tire manufacturers, the region is anticipated to generate lucrative prospects for the tire industry in the coming years.

Market Insights

The North America Off the Road (OTR) Tire Market is projected to grow at a CAGR of around 6.42% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by the increasing government focus on infrastructural developments, i.e., displaying a swift escalation in the number of housing facilities & industries, along with the construction of roads, railways, & airports, among others. It, in turn, is augmenting the need for heavy commercial vehicles and fueling the sales of OTR tires. Besides, various ongoing & upcoming construction projects, i.e., leading to the deployment of cranes, bulldozers, etc., is another aspect infusing the demand for OTR tires and driving the market.

Report Coverage	Details
Study Period	Historical Data: 2017-20
	Base Year: 2021
	Forecast Period: 2022-27
CAGR(2022-27)	6.42%
Country Covered	The United States, Canada, Mexico
Key Companies Profiled	Michelin, Goodyear, Bridgestone, Continental, Zhongce Rubber, Kumho, Toyo, Yokohama, Trelleborg, Triangle Group
Unit Denominations	USD Million/Billion

In addition, the region is also undergoing increasing mining activities and propelling the need for fully mechanized equipment to attain operational efficiency. The same aspect is boosting the demand for OTR tires & generating growth opportunities for the leading tire manufacturers to expand their production in the years to come.

Moreover, the growing consumer inclination toward buying dirt bikes & sports vehicles for recreational purposes is also contributing to the rapidly growing tire industry. Nevertheless, technological advancements in tires like the integration of sensors for monitoring their condition and minimizing the possibilities of accidents further project remunerative prospects for the North America Off the Road (OTR) Tire Market in the coming years.

Impact of Covid-19 on the North America Off the Road (OTR) Tire Market

The emergence of Covid-19 in 2020 severely affected various industries across North America and introduced several unprecedented challenges for the leading players in the Off the Road (OTR) Tire Market. Lockdowns and trade & movement restrictions led to the suspension of all business operations associated with the tire industry. As a result, tire manufacturers faced significant revenue losses owing to raw material shortages, supply chain disruptions, delivery & production delays, etc.

Regardless, with a gradual decline in the number of Covid-19 cases across North America, the upliftment of restrictions & recommencement of business operations enabled tire manufacturers to resume their production units to cater to the burgeoning end-user requirements across the region. Furthermore, in light of the pandemic, several tire manufacturers adopted digitalization to sell their products via e-commerce platforms and offer door-step delivery & installation of tires to their customers.

Introduction
1. Research Process
2. Assumptions
3. Glossary
4. Market Segmentation
Executive Summary
Expert Verbatim- What the experts say?
North America Off the Road Vehicle Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Earthmoving & Construction Equipment
      1. Excavator
      2. Backhoe Loaders
      3. Crawler Loaders
      4. Bulldozers
      5. Motor Graders
      6. Dump Trucks
    2. Agricultural Vehicle
      1. Tractors
      2. Combined Harvester
      3. Farm Trucks
      4. Others
    3. Material Handling Vehicle
      1. Cranes
      2. Forklifts
      3. Tippers
      4. Others
  2. By OEM Vs Aftermarket
  3. By Radial Vs Bias
  4. By Country
    1. The United States
    2. Canada
    3. Mexico
  5. By Season
    1. All Season
    2. Summer
    3. Winter
  6. By Sales Channel
    1. Exclusive Stores
    2. Authorized Dealers or Distributors
    3. Others
  7. By Price Category
    1. Budget
    2. Economy
    3. Premium
  8. By Rim Diameter
    1. 20"- 25"
    2. 26"-35"
    3. 36"-48"
    4. Above 48"
  9. By Company
    1. Market Share, By Competitors
    2. Competitor Strategic Factorial Indexing
    3. Competitor Evaluation on MarkNtel Quadrant
North America Earthmoving & Construction Equipment Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Excavator
    2. Backhoe Loaders
    3. Crawler Loaders
    4. Bulldozers
    5. Motor Graders
    6. Dump Trucks
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Country
  5. By Season
  6. By Sales Channel
  7. By Price Category
North America Agricultural Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Tractors
    2. Combined Harvester
    3. Farm Trucks
    4. Others
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Country
  5. By Season
  6. By Sales Channel
  7. By Price Category
North America Material Handling Vehicle Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
    1. Cranes
    2. Forklifts
    3. Tippers
    4. Others
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Country
  5. By Season
  6. By Sales Channel
  7. By Price Category
The United States Off the Road Vehicle Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Region
  5. By Season
  6. By Sales Channel
  7. By Price Category
  8. By Rim Diameter
Canada Off the Road Vehicle Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Region
  5. By Season
  6. By Sales Channel
  7. By Price Category
  8. By Rim Diameter
Mexico Off the Road Vehicle Tire Market Outlook, 2017-2027
1. Market Size & Analysis
  1. Units Sold
  2. Industry Revenue
2. Market Share & Analysis
  1. By Type of Vehicle
  2. By OEM Vs Replacement
  3. By Radial Vs Bias
  4. By Region
  5. By Season
  6. By Sales Channel
  7. By Price Category
  8. By Rim Diameter
North America Off the Road Vehicle Tire Market Trends & Insights
North America Off the Road Vehicle Tire Market Industry Dynamics
1. Drivers
2. Challenges
3. Impact Analysis
North America Off the Road Vehicle Tire Market Hotspot & Opportunities
North America Off the Road Vehicle Key Strategic Imperatives of Success
North America Off the Road Vehicle Tire Market Outlook, 2017-2027
North America Off the Road Vehicle Tire Market Porter’s Five Forces Analysis
North America Off the Road Vehicle Tire Market Import Export Statistics
North America Off the Road Vehicle Tire Market Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Specialization
  3. Target Markets
  4. Target End Users
  5. Research & Development
  6. Strategic Alliances
  7. Strategic Initiatives
2. Company Profiles
  1. Michelin
  2. Goodyear
  3. Bridgestone
  4. Continental
  5. Zhongce Rubber
  6. Kumho
  7. Toyo
  8. Yokohama
  9. Trelleborg
  10. Triangle Group
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

FILL THE FORM TO INQUIRE BEFORE BUYING THIS REPORT

Name *

Email ID *

Country *

Contact Number *

Your Enquiry Details

Your data is 100% confidential & secure

By submitting, you agree to our Terms and Privacy Policy .

Flexible Licensing Options

We offer flexible licensing options to cater to varying organizational needs. Choose the pricing pack that best suits your requirements:

Buy Now

Related Reports

Talk to our Consultant

Customization Offered

Request Customization