openPR Logo
Press release

Global Earthmoving Equipment Tyres Market Size, Status, Growth, Revenue & Report Forecasted by 2026: Fact.MR

06-22-2018 09:58 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Fact.MR

Fact.MR

As per the report by Fact.MR, the global earthmoving equipment tyres market is expected to witness moderate growth, growing at a CAGR of 4.0% in terms of value during the forecast period. The global earthmoving equipment tyres market is also estimated to bring in US$ 16,128.0 million in terms of value by the end of 2026. Meanwhile, in terms of volume, the market is projected to reach 1,884 million units by 2026 end. With advances in automation, the manufacturing process of tyres, especially earthmoving equipment tyres has accelerated. There has been an increase in construction and infrastructure projects globally and earthmovers are being used on a large scale in the construction industry. Hence, driving the demand for earthmoving equipment tyres. Below are the insights on how the global earthmoving equipment tyres market will perform in the coming years.

Request Free Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=379

4 Forecast Highlights on Global Earthmoving Equipment Tyres Market

1. Asia Pacific Excluding Japan (APEJ) is likely to lead the global market for earthmoving equipment tyres between 2017 and 2026. By the end of 2026, APEJ is projected to reach nearly US$ 4,800 million revenue. In APEJ region, China is one of the leading manufacturers of off-road-vehicles and also accounts for maximum sales. Meanwhile, India, Malaysia, and Thailand are also witnessing increasing sales of off-the-road vehicles and tyres.

2. Backhoe loaders are expected to emerge as the highly preferred vehicle type between 2017 and 2026. By the end of 2026, backhoe loaders are estimated to bring in close to US$ 4,400 million revenue.

3. Compared to the bias tyre type, radial tyre type is expected to gain maximum traction in the global earthmoving equipment tyres market. Radial tyres are estimated to reach nearly US$ 10,900 million revenue by 2026 end.

4. Rim size of 35-50 inch is expected to be used on a large scale in the global market for earthmoving equipment tyres. Towards 2026 end, 35-50 inch rim size is estimated to exceed US$ 5,800 million revenue.

Intelligent Technological Advancements to Impact the Global Market Growth

As technological upgradation continues to remain the need of the hour, manufacturers are focusing on incorporating leading technological advancements in the earthmoving equipment globally. Through incorporation of the advanced technological features such as intelligent communication system in the earthmoving equipment tyres, the leading companies in the construction equipment industry are looking to expand their customer base and gain a competitive edge in the global market. Integration of the intelligent communication systems in the earthmoving equipment tyres allows the end users to monitor information regarding the diesel level, hydraulic oil filter clogging, engine oil pressure, and air filter clogging. Increasing integration of technological advancements in the earthmoving equipment tyres is expected to reflect positively towards growth of the global earthmoving equipment tyres market during the forecast period.

Browse Full Report with TOC- https://www.factmr.com/report/379/earthmoving-equipment-tyres-market

Radial Tyre to Represent a Leading Segment

Growing need for tracked vehicles for moving large objects or digging purposes has led to surge in demand for crawler excavator in the construction industry. On the basis of vehicle type, the backhoe loaders segment is expected to represent a significant revenue growth, accounting for a value of over US$ 4,400 Mn by the end of 2026. Also, the backhoe loaders segment is expected to register a healthy CAGR throughout the forecast period.

Based on tyre type, the radial segment is expected to generate significant revenues, recording a value of over US$ 7,100 Mn by the end of 2017. In addition, the radial tyres type segment is expected to register a robust CAGR during the forecast period.

By rim size, the 35-50 segment is expected to witness the highest revenue growth, accounting for a value of over US$ 5,800 Mn by the end of 2026. Moreover, the 35-50 rim size segment is expected to register the highest CAGR throughout the forecast period.

On the basis of sales channel, the aftermarket segment is expected to represent a robust revenue growth, recording a value of over US$ 6,300 Mn by the end of 2017. On the other hand, the aftermarket sales channel segment is expected to register a significant CAGR during the forecast period.

Table of Content:

1. Global Economic Outlook

2. Global Earthmoving Equipment Tyre Market – Executive Summary

3. Global Earthmoving Equipment Tyre Market Overview
3.1. Introduction
3.1.1. Global Earthmoving Equipment Tyre Market Taxonomy
3.1.2. Global Earthmoving Equipment Tyre Market Definition
3.2. Global Earthmoving Equipment Tyre Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Earthmoving Equipment Tyre Market Y-o-Y Growth
3.3. Global Earthmoving Equipment Tyre Market Dynamics
3.4. Value Chain
3.5. Product lifecycle Assessment
3.6. Pricing Analysis
3.7. List of Distributors

4. Global Earthmoving Equipment Tyre Market Analysis and Forecast 2012-2026
4.1. Global Earthmoving Equipment Tyre Market Size and Forecast By Vehicle Type, 2012-2026
4.1.1. Crawlers Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region

Continued….

Buy this Report- https://www.factmr.com/checkout/379/S

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

Contact Us

Fact.MR
Suite 9884
27 Upper Pembroke Street,
Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com
Web: https://www.factmr.com/
Get More Industry Insights At: https://www.linkedin.com/company/factmr/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Earthmoving Equipment Tyres Market Size, Status, Growth, Revenue & Report Forecasted by 2026: Fact.MR here

News-ID: 1093554 • Views:

More Releases from Fact.MR

Elevators Market to Grow at 11% CAGR, Reaching $270 Billion by 2033
Elevators Market to Grow at 11% CAGR, Reaching $270 Billion by 2033
The international elevators market (エレベーター市場) got to an evaluation of United States $ 95 billion in 2023 as well as is predicted to get to United States $ 270 billion by the end of 2033. This market is anticipated to expand at a substantial CAGR of 11% from 2023 to 2033. The elevators market stands as a crucial cog in the wheel of contemporary facilities, promoting upright mobility in significantly metropolitan
Stone Paper Market Explosive Growth CAGR of 8.0% to Reach $2,096.9 Million by 2033
Stone Paper Market Explosive Growth CAGR of 8.0% to Reach $2,096.9 Million by 20 …
The international stone paper market (ストーンペーパーマーケット) is forecasted to get to an assessment of United States $ 972.6 million by the end of 2023 and also is anticipated to expand at a CAGR of 8.0% to get to United States $ 2,096.9 million by the end of 2033. The stone paper market is experiencing considerable development possibilities driven by raising need from the product packaging as well as publishing markets. Customer
Foliar Fertilizers Market Predicts 4% CAGR, $344 Million Expansion by 2029
Foliar Fertilizers Market Predicts 4% CAGR, $344 Million Expansion by 2029
The worldwide foliar fertilizers market is forecasted to accomplish a 4% ordinary substance yearly development price (CAGR) by the verdict of the projection duration. This development is anticipated to produce an increment chance of United States$ 344 million by the end of 2029. Foliar plant foods supply an useful choice for supplying nutrients to plants as they can be straight related to the fallen leaves. This approach not just improves nutrient
E-Compass Market $11.9 Billion Discovery By 2033 | Fact.MR
E-Compass Market $11.9 Billion Discovery By 2033 | Fact.MR
In 2023, the global E-Compass Market reached a valuation of US$ 2.6 billion, and projections indicate a substantial growth trajectory, with estimates soaring to US$ 11.9 billion by 2033. 𝗚𝗲𝘁 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗖𝗼𝗽𝘆: https://www.factmr.com/connectus/sample?flag=S&rep_id=8417 This remarkable surge in market value is attributed to the anticipated surge in worldwide electronic compass sales, expected to surge at an impressive Compound Annual Growth Rate (CAGR) of 16.5% over the coming decade. The eCompass, an electric

All 5 Releases


More Releases for Tyre

Off-road Tyre Market See Huge Growth for New Normal | AEOLUS TYRE, TOYO Tyre, Co …
The latest report on the "Off-road Tyre Market" study has evaluated the future growth potential and provides information and useful stats on market structure and size. The research provides a comprehensive analysis of development trends, revenue growth, and market share for the forecast period of 2022 to 2028. It highlights an overview of the market dynamics of the Off-road Tyre market, which includes drivers, restraints, and opportunities that are influencing
Rubber Tyre and Tube Market 2020: Key Players – General Tyre and Rubber, Servi …
Rubber Tyre and Tube Industry Description Wiseguyreports.Com Adds “Rubber Tyre and Tube -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025” To Its Research Database Rubber Tyre and Tube market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Rubber Tyre and Tube market will be able to gain the upper hand as they use the report as a powerful resource. The segmental
Pakistan Rubber Tyre and Tube Market Players to See Huge Investments Opportuniti …
Key Findings of the Pakistan Rubber Tyre and Tube Market: o In 2017, based on channel, aftermarket generated the highest revenue. o In 2017, by vehicle type, the commercial vehicles type was the highest revenue contributor. o In 2017, by design, the radial segment was the highest revenue contributor. Download Report Sample (177 Pages PDF with Insights): https://www.alliedmarketresearch.com/request-sample/6242 The key players analyzed in this pakistan rubber tyre and tube market report include General Tyre and Rubber Co. Ltd.,
Automotive Tyre Industry 2018 Key Players are Bridgestone, CEAT Tyres Limited, A …
Automotive Tyre Market is classifies on the basis of vehicle types including passenger car, light and heavy commercial vehicle. End users of product are OEM’s and Aftermarket. Based on its type they are bifurcated into bias and radial. Various applications of these tyre include cars, trucks, two wheelers, machinery in various industries, airplanes, tractors and forklifts. North America, especially the U.S. has the oldest share in automobile sector. Ford is
Tubeless Tyre Market Is Booming Worldwide | Bridgestone Corporation, The Goodyea …
A new business intelligence report released by HTF MI with title “United States Tubeless Tyre Market Report 2018” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. Request Sample Report @: https://www.htfmarketreport.com/sample-report/992164-united-states-tubeless-tyre-market-1 If you are
Global Radial Tyre Market 2018 - GT Radial, Michelin, BFGoodrich, Otani Tyre
Accord Market, recently published a detailed market research study focused on the “Radial Tyre Market” across the global, regional and country level. The report provides 360° analysis of “Radial Tyre Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Radial Tyre on the