|07-17-2018 01:34 PM CET - Industry, Real Estate & Construction||
Earthmoving Equipment Tyres Industry Market Report (2017-2026) by Region - North America, Latin America, Europe, Japan, APEJ, MEA, Vehicle Type - Crawlers, Mini Excavaters, Backhoe Loaders, Compact Loaders, Skid Steer Loaders, Doazers, Wheeled Tractors, M
Press release from: Fact.MR
The scope of the report is to analyze the global Earthmoving Equipment Tyres Market for the period 2017-2026 and give readers an accurate, unbiased analysis. Earthmoving equipment tyres manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
The report begins with a concise summary of the global earthmoving equipment tyres market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global earthmoving equipment tyres market.
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Increasing preference for better infrastructure facilities among the urban population has led to surge in the number of construction projects. With the growing urban population, demand for constructing commercial spaces, residential complexes, and multiplexes is expected to remain high. Growing need for constructing commercial and residential buildings has led to surge in demand for earthmoving equipment in the construction industry significantly. Increasing demand for earthmoving equipment such as loaders, excavators, and construction tractors is expected to rev up demand for the earthmoving equipment tyres in the construction industry.
According to Fact.MR, the global earthmoving equipment tyres market is expected to represent a value of over US$ 16,100 Mn by the end of 2026. In terms of volume, the global earthmoving equipment tyres market is expected to reach over 1,800 Mn units during the forecast period.
Increasing Number of Construction Projects to Boost Demand
As the requirement for developing infrastructure in various cities continues to remain high, the ruling authorities are increasingly investing on construction of roads, highways, flyovers, and buildings. Rise in the urban population has also led to increase in demand for building construction projects globally. In addition, government in various countries are developing strategies to accommodate majority of their citizens within the safe confines of residential complexes with enhanced infrastructure facilities. In order to encourage development of smart cities, the ruling authorities are allocating funds to incorporate smart technological solutions for flyover, highways, buildings, streets, and roads. Increasing number of construction projects in various countries will continue to rope in demand for earthmoving equipment, which in turn is expected to reflect positively towards growth of the global market.
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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.
Leading market players operating in the global earthmoving equipment tyres market include Zodiac Aerospace Group, RECARO Aircraft Seating GmbH & Co. KG, B/E Aerospace, Inc, JAMCO Corporation, Aviointeriors S.p.A, Acro Aircraft Seating, Geven S.p.A, Mirus Aircraft Seating Ltd, Thompson Aero Seating Ltd, and ZANKER PROMOTION GMBH.
Table of Contents
Global Economic Outlook
Global Earthmoving Equipment Tyre Market - Executive Summary
Global Earthmoving Equipment Tyre Market Overview
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
3.8. Investment Feasibility Matrix
3.9 Global Construction Industry Projects
3.10 Global Earthmoving Equipment Tyre Market Scenario
3.11. Key Participants Market Presence (Intensity Map) By Region………………………Continued
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