Africa Off the Road (OTR) Tire

Africa Off the Road (OTR) Tire Market Research Report: Forecast (2021-2026)

By Type of Vehicle (Earth Moving Equipment, Agricultural Equipment, Material Handling Equipment), By Product (Excavator, Backhoe Loader, Crawler Loaders, Grader, Bulldozer, Motor Grader, Dump Trucks, Read more

  • Tire
  • Nov 2020
  • 178
  • TR44005

Africa Off the Road (OTR) Tire Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Africa Off the Road (OTR) Tire market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-26) 6%
Key Companies Profiled Continental Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Bridgestone Corporation, The Yokohama Rubber Co., Ltd, Sumitomo Rubber Industries, Ltd, Toyo Tire & Rubber Company, Hangzhou Zhongce Rubber Co. Ltd., Triangle Tyre Co. Ltd., CEAT Limited
Unit Denominations USD Million/Billion

 

According to MarkNtel Advisors’ research report “Africa Off the Road (OTR) Tire Market Analysis, 2021”, the Africa Off the Road (OTR) Tire market is anticipated to grow at a CAGR 6% during 2021-26. The growth of the market is accredited to rising inclination towards, increasing government investment on development of urban areas and surging infrastructure development activities along with launch of new truck tire in the market. Besides these, burgeoning demand for radial tire among agriculture industry, escalating government subsidies for farm equipment, and increasing investment in new radial tires plant are some of the factor placing a positive impact toward the growth of the market in the forecast period.

The COVID-19 pandemic adversely impacted the market of OTR tire in Africa due to disruption in supply chain, temporary shutdown of the manufacturing facilities and halt on various construction activities.

Africa Off the Road (OTR) Tire Market Research Report: Forecast (2021-2026)

Agricultural Vehicle Acquired the Significant Market Share

Based on Type of Vehicle, Agricultural Vehicle acquired the significant market share in the Africa Off the Road (OTR) tire market in 2019. Tractors accounted for the largest market share in the agricultural vehicle segment. This is due to rising government investment in agricultural mechanization, escalating number of medium-scale farmers owning tractors and increasing government subsidy rates on tractor. Moreover, snowballing demand for agricultural produce and significant rise in farm area under crop production are anticipated to strongly contribute towards the growth of Off the Road (OTR) Tire for online gaming in the coming years as stated by the MarkNtel Advisors’ research report “Africa Off the Road (OTR) Tire Market Analysis, 2021”. 

According to MarkNtel Advisors’, the key players with a considerable market share in the Africa Off the Road (OTR) Tire market include Continental Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Bridgestone Corporation, The Yokohama Rubber Co., Ltd, Sumitomo Rubber Industries, Ltd, Toyo Tire & Rubber Company, Hangzhou Zhongce Rubber Co. Ltd., Triangle Tyre Co. Ltd., CEAT Limited etc.

Key Questions Answered in the Market Research Report:

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Africa Off the Road (OTR) Tire Market?
  2. What is the region wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations in the Africa Off the Road (OTR) Tire Market?  
  4. Who are the key competitors or market players and how they perform in Africa Off the Road (OTR) Tire Market based on competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Africa Off the Road (OTR) Tire Market study?   

 Market Outlook, Segmentation and Statistics:

  • Impact of COVID-19 on Africa Off the Road (OTR) Tire Market
  • Market Size & Analysis
    • By Revenues
  • Market Share & Analysis
    • By Type of Vehicle
      • Earthmoving & Construction Equipment
        • Excavator
        • Backhoe Loaders
        • Crawler Loaders
        • Bulldozers
        • Motor Graders
        • Dump Trucks
      • Agricultural Vehicle
        • Tractors
        • Combined Harvester
        • Farm Trucks
        • Others
      • Material Handling Vehicle
        • Cranes
        • Forklifts
        • Tippers
        • Others
    • By OEM Vs Replacement
    • By Radial Vs Bias
    • By Season
      • All Season
      • Summer
      • Winter
    • By Sales Channel
      • Exclusive Stores
      • Authorized Dealers or Distributors
      • Others
    • By Price Category
      • Budget
      • Economy
      • Premium
    • By Rim Diameter
      • 20"- 25"
      • 26"-35"
      • 36"-48"
      • Above 48"
    • By Country
      • South Africa Off the Road (OTR) Tire Market Outlook, 2016-2026F (USD Billion)
      • Nigeria Off the Road (OTR) Tire Market Outlook, 2016-2026F (USD Billion)
      • Kenya Off the Road (OTR) Tire Market Outlook, 2016-2026F (USD Billion)
      • Algeria Off the Road (OTR) Tire Market Outlook, 2016-2026F (USD Billion)
      • Morocco Off the Road (OTR) Tire Market Outlook, 2016-2026F (USD Billion)
  • By Company
    • Revenue Shares
    • Strategic Factorial Indexing
    • Competitor Placement in MarkNtel Quadrant
  • Competition Outlook
    • Competitor Wise Growth Strategies
    • Company Profiles

Frequently Asked Questions

A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.

A. The market size/industry size or the market value is measured in terms of USD Billion.

A. The Africa Off the Road (OTR) Tire Market during 2021-26 is forecast grow at an CAGR of 6%.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Preface
  3. Executive Summary
  4. Impact of COVID-19 on Africa Tire Market
  5. Expert Verbatim-Interview Excerpts of industry experts
  6. Africa Off the Road Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Revenues in (USD Billion)
      2. Units Sold in Thousand
    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 Replacement
      3. By Radial Vs Bias
      4. By Season
        1. All Season
        2. Summer
        3. Winter
      5. By Sales Channel
        1. Exclusive Stores
        2. Authorized Dealers or Distributors
        3. Others
      6. By Price Category
        1. Budget
        2. Economy
        3. Premium
      7. By Rim Diameter
        1. 20"- 25"
        2. 26"-35"
        3. 36"-48"
        4. Above 48"
      8. By Country
        1. South Africa
        2. Nigeria
        3. Kenya
        4. Algeria
        5. Morocco
        6. Others
      9. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. South Africa Off the Road Tire Market Analysis, 2016-2026F
      1. Market Size & Analysis
        1. Units Sold in Thousand
        2. Revenues in USD Billion
      2. Market Share & Analysis
        1. By Type of Vehicle
        2. By OEM Vs Replacement
        3. By Radial Vs Bias
        4. By Season
        5. By Sales Channel
        6. By Price Category
        7. By Rim Size
  7. Nigeria Off the Road Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Thousand
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. By OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Price Category
      7. By Rim Size
  8. Kenya Off the Road Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Thousand
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. By OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Price Category
      7. By Rim Size
  9. Algeria Off the Road Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Thousand
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. By OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Price Category
      7. By Rim Size
  10. Morocco Off the Road Tire Market Analysis, 2016-2026F
    1. Market Size & Analysis
      1. Units Sold in Thousand
      2. Revenues in USD Billion
    2. Market Share & Analysis
      1. By Type of Vehicle
      2. By OEM Vs Replacement
      3. By Radial Vs Bias
      4. By Season
      5. By Sales Channel
      6. By Price Category
      7. By Rim Size
  11. Africa Off the Road Tire Market Value Chain Analysis
    1. Key Stakeholders in Value Chain
    2. Margin at Various Levels
  12. Africa Off the Road Tire Market Regulations, Policies, Regulation, Product Benchmarks
  13. Africa Off the Road Tire Market Trends & Insights
  14. Africa Off the Road Tire Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  15. Africa Off the Road Tire Market Hotspot & Opportunities
  16.  Africa Off the Road Tire Market Key Strategic Imperatives for Success & Growth
  17. Africa Off the Road Tire Market Import & Export Statistics
  18. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles of Top Companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Continental Aktiengesellschaft
      2. Compagnie Générale des Établissements Michelin
      3. Bridgestone Corporation
      4. The Yokohama Rubber Co., Ltd
      5. Sumitomo Rubber Industries, Ltd
      6. Toyo Tire & Rubber Company
      7. Hangzhou Zhongce Rubber Co. Ltd.
      8. Triangle Tyre Co. Ltd
      9. CEAT Limited
  19. Disclaimer
Africa Off the Road (OTR) Tire Market Segmentation