India Off Highway Vehicle Tire Market (2020 to 2025) – By Vehicle Type, Demand Category, Radial vs Bias, Region, Competition, Forecast & Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “India Off Highway Vehicle Tire Market, By Vehicle Type (Farm Equipment, Earth Moving Equipment, etc.), By Demand Category (OEM Vs Replacement), By Radial vs Bias, By Region, Competition, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering.

Over the recent years, India has emerged as one of the leading manufacturing and consumption hubs for off highway vehicle tire, primarily in the agriculture and mining segments. The growth of off highway vehicle tires is backed up by rising spending in construction and mining sectors. Major demand driving vehicle categories include tractors and earth moving equipment such as loaders, excavators, etc. Adoption rate of tractors in agriculture sector has been increasing to support the rising crop demand on account of increasing population in India. Growing use of earth movers for infrastructure development projects across the country is expected to boost demand for off highway vehicle tires during the forecast period.

The Indian Off Highway Vehicle Tire Market is projected to grow at 15% during 2020 – 2025. The country’s off highway vehicle tire market can be classified based on vehicle type, demand category, and radial vs bias. Based on the vehicle type, the market can be bifurcated into farm equipment tire, earth moving equipment tire, and mining, construction and industrial vehicle tire. Farm equipment holds the largest share in the off highway vehicle tire market owing to increasing tractor penetration in India’s rural regions.

Major players operating in the Indian Off Highway Vehicle Tire Market include Goodyear, CEAT, MRF, JK Tyre, Apollo Tyres, among others.

Objective of the Study:

• To assess the demand-supply scenario of off highway vehicle tire, which covers production, demand and supply of automotive off highway vehicle tire in India.
• To analyze and forecast the market size of the Indian Off Highway Vehicle Tire Market.
• To classify and forecast the Indian Off Highway Vehicle Tire Market based on vehicle type, demand category, radial vs bias, and regional distribution.
• To identify drivers and challenges for the Indian Off Highway Vehicle Tire Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian Off Highway Vehicle Tire Market.
• To conduct the pricing analysis for off highway vehicle tires in India.
• To identify and analyze the profile of leading players involved in the manufacturing of off highway vehicle tires in India.

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. India Off Highway Vehicle Tire Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Vehicle Type (Farm Equipment, Earth Moving Equipment, and Mining, Construction & Industrial Equipment)

5.2.2. By Demand Category (OEM Vs. Replacement)

5.2.3. By Radial Vs Bias

5.2.4. By Region

5.2.5. By Company

5.3. Market Attractiveness Index (By Region)

5.4. Market Attractiveness Index (By Vehicle Type)

6. India Farm Equipment Tire Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Demand Category (OEM Vs. Replacement)

6.2.2. By Radial Vs Bias

7. India Mining, Construction & Industrial Equipment Off Highway Vehicle Tire Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Demand Category (OEM Vs. Replacement)

7.2.2. By Radial Vs Bias

8. India Earth Moving Equipment Tire Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Demand Category

8.2.2. By Radial Vs Bias

9. Import-Export Analysis

10. Market Dynamics

10.1. Drivers

10.2. Challenges

11. Market Trends & Developments

12. Policy & Regulatory Landscape

13. India Economic Profile

14. Competitive Landscape

14.1. Goodyear

14.2. CEAT Ltd.

14.3. MRF Tyres

14.4. JK Tyre & Industries Ltd

14.5. Apollo Tyres

14.6. Balkrishna Industries Limited

14.7. Bridgestone

14.8. Michelin

15. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/nesszu

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