The report provides rational insights along with historical and forecast data to aid in better understanding of the Global ATV-UTV Tire Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of the ATV-UTV Tire market. This study also provides a detailed overview of the opportunities along with the current trends observed in the target market.
The global ATV-UTV tire market was valued at $385.8 million in 2018, and is projected to reach $698.1 million by 2026, registering a CAGR of 7.5%. North America was the highest revenue contributor, accounting for $196.6 million in 2018, and is estimated to reach $327.8 million by 2026, with a CAGR of 6.4%. Asia-Pacific is estimated to reach $258.6 million by 2026, at a significant CAGR of 9.0%. North America and Asia-Pacific collectively accounted for around 84.1% share in 2018, with the former constituting around 51.0% share. Asia-Pacific and Europe are expected to witness considerable CAGRs of 9.0% and 8.2%, respectively, during the forecast period. The cumulative share of these two segments was 44.2% in 2018, and is anticipated to reach 48.7% by 2026.
The report covers major players operating in the market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities. Key players of the global ATV-UTV Tire market are included as given below:
Key players including Bridgestone, Carlisle, Duro Tire, Goodyear, KENDA Tire, Maxxis, Michelin, Sedona Tire and Wheel, Titan International Inc., Toyo Tire and others account for a major ATV-UTV Tire market share.
The global ATV-UTV Tire market has been segmented as below:
By Type
Racing Tires
Sand Tires
Mud Tires
All Terrain Tires
By Application
All-Terrain Vehicle (ATV)
Utility Terrain Vehicle (UTV)
By Industry Vertical
Agriculture
Military
Mountaineering
Others
By Region
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o France
o UK
o Rest of Europe
Asia-Pacific
o Japan
o China
o India
o Rest of Asia-Pacific
LAMEA
o Latin America
o Middle East
o Africa
Reasons to Purchase this Report:
Estimates ATV-UTV Tire development trends with SWOT analysis
Detailed business profiles including product offerings, recent developments, key financial information, and strategies employed by main market players
Analysis of various regions and countries that includes the demand and supply based actions, which consequently have a major influence on the market's expansion
Market dynamics scenario, along with growth opportunities for players in the years to come
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the mentioned forecast period
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
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