openPR Logo
Press release

OTR Tire Market | Business Growth, Development Factors, Current and Future Trends till 2030 | Nokian Tyres plc Pirelli & C. S.p.A. Sumitomo Rubber Industries, Ltd.

05-06-2024 07:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

OTR Tire Market

OTR Tire Market

OTR tire market is anticipated to grow at a significant CAGR of 14.7% during the forecast period (2024-2031). The market growth is attributed to the increasing infrastructure projects globally and an increased need for heavy machinery in the mining, construction, and agricultural sectors accelerating the demand for OTR tires. Furthermore, increasing tire technology innovation including improved tread patterns and durability stimulates market expansion by increasing equipment operator productivity and decreasing downtime.

Get Free Sample link @ https://www.omrglobal.com/request-sample/otr-tire-market

The real-time OTR tire monitoring system maintains track tire temperature and air pressure. On vehicles used in the mining, construction, and other off-road industries, operators can ensure correct tire inflation and preserve the life of the tires with the help of an OTR monitoring system. The OTR tire pressure sensor system is made especially to detect tire temperature and air pressure precisely under challenging conditions. Tyre operators in mining, quarrying, and other heavy machinery off-road vehicle applications can benefit from its precise calibration. OTR sensors are made with a seal design and an integrated filter to endure harsh operating environments, ensuring a long lifespan, improved safety, and reliable signal transmission.

full report of OTR Tire Market available @ https://www.omrglobal.com/industry-reports/otr-tire-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global OTR Tire Market by Equipment Type
o Articulated Dump Trucks
o Asphalt Finishers
o Backhoe Loaders
o Motor Graders
o Rigid Dump Trucks
o RTLT-Telescopic
o Skid-steer Loaders
o Wheeled Excavators
o Wheeled Loader
o Others (Agriculture Tractors)

Global OTR Tire Market by Tire Type
o Radial
o Bias
o Solid

Global OTR Tire Market by Application
o Construction & Mining Equipment
o Agriculture Tractors
o Industrial Equipment
o All-Terrain Vehicles

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o The Middle East & Africa

Company Profiles
o Apollo Tyres Ltd.
o Balkrishna Industries Ltd.
o Camso Inc.
o CEAT Ltd.
o Double Coin (CMA LLC.)
o Giti Tire
o JK TYRE & INDUSTRIES LTD.
o Shandong Linglong Tyre Co.,Ltd.
o MAXAM TIRE
o Michelin North America, Inc.
o Nokian Tyres plc
o Pirelli & C. S.p.A.
o Sumitomo Rubber Industries, Ltd.
o The Carlstar Group
o Titan International, Inc.
o Triangle Group Co., Ltd.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global OTR tire market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/otr-tire-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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 OTR Tire Market | Business Growth, Development Factors, Current and Future Trends till 2030 | Nokian Tyres plc Pirelli & C. S.p.A. Sumitomo Rubber Industries, Ltd. here

News-ID: 3484788 • Views:

More Releases from orion market research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for OTR

Driving Forces Of Agricultural Machinery On OTR Tires Market Growth: A Key Drive …
The OTR Tires Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Current OTR Tires Market Size and Its Estimated Growth Rate? The market size for OTR tires has witnessed a robust expansion in the past few years. The market growth is expected to
OTR Tires Market worth $11.0 billion by 2026
The Global OTR Tires Market is projected to grow from USD 8.7 billion in 2021 to USD 11.0 billion by 2026, at a CAGR of 5.0% during the forecast period. Increase in infrastructural development activities and growth in mining sector has created higher demand for the construction and mining equipments which is driving the demand for OTR tires from the OEMs. Also higher demand for farm mechanization and various schemes
OTR Tires Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the OTR Tires market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global OTR Tiresmarket by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of OTR Tiresmarket, market definition, overview, industry opportunities and trends, investment
Radial OTR Tires Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Radial OTR Tires Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Radial OTR Tires players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Radial OTR Tires with respect
Future of The Road Tires (OTR) Sales Report 2017
Report Hive market Research Released a New Research Report of 116 pages on Title "Future of The Road Tires (OTR) Sales Report 2017" with detailed Analysis, Forecast and Strategies. In this report, the global Off The Road Tires (OTR) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically,
Global OTR Tires Market Professional Survey Report 2016
Qyresearchreports include new market research report”Global OTR Tires Market Professional Survey Report 2016″ to its huge collection of research reports. The research report on the global OTR Tires market studies the market in the past based on which estimates are presented for the future. The report looks into vital market indicators, trends, and opportunities that will have a bearing on the development of this market. The report begins with an outline of