The US Farm Tire Market Report: 2016 Edition - New Report by Koncept Analytics

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The US Farm Tire Market Report
----------------------------------------- 2016
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• Executive Summary
• Agricultural/farm tires are categorized under
  specialty tires and are used for farm vehicles
  such as tractors and harvesters. The farm tire
  market in the US was comparatively down in 2015
  due to the decline in net farm income and exports
  of farm equipments. Moreover, new tire technology
  and sustainable materials and growing demand of
  eco-friendly tires have resulted in further
  development of farm tires, larger in size and for
  diversified uses. However, fluctuating raw
  material prices are a challenge for the
  manufacturers and dealers in the industry's
  supply chain.
• The total US farm tire market can be divided
  between replacement and original equipment
  segments, which can be further subdivided into
  radial rear, bias rear, and small farm categories
  of farm tires. The replacement segment accounts
  for the maximum share of the total US farm tire
  market. Apart from number of companies engaged in
  the manufacturing of farm tires, Firestone is the
  market leader in both the segments i.e. OE and
  RT. Other major players operating in the US farm
  tire industry include Goodyear, Michelin, Titan,
  BKT and Trelleborg.
• The report offers in-depth analysis of an
  overview of the US farm tire market. It discusses
  market size, segments, key trends and challenges
  associated with industry. The factors affecting
  the industry are US farm income and export of US
  agriculture equipment. The competitive aspects of
  the market are also highlighted and major players
  in the US farm tire market are being profiled
  with their key financials and business
  strategies.
• By combining SPSS Inc.s data integration and
  analysis capabilities with our relevant findings,
  we have predicted the future growth of the
  industry. We employed various significant
  variables that have an impact on this industry
  and created regression models with SPSS Base to
  determine the future direction of the industry.
  Before deploying the regression model, the
  relationship between several independent or
  predictor variables and the dependent variable
  was analyzed using standard SPSS output,
  including charts, tables and tests.

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The decrease in the market was primarily due to
continuous decrease in US net farm income.
The US Farm Tire Shipment by Volume (2010-2015)

• The total US farm tire shipments decreased to ..
  million units in 2015 from million units in
  2014, depicting a decline of .
• As of 2015, replacement farm tires accounted for
  the larger share of while original equipment
  farm tires had the remaining share of .
• At replacement level, small replacement farm
  tires accounted for share while bias rear and
  radial rear replacement farm tires had and
  of the market respectively in 2015.

The US Farm Tire Shipment by Segment (2015)
The US Replacement Farm Tire Shipments Share by
Category (2015)
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The downturn in radial rear, bias rear and small
farm tire affects the market
The US Replacement Farm Tire Shipments by Volume
(2010-2015)

• The US replacement farm tire shipments decreased
  by and reached thousand units in 2015, as
  compared to thousand units in 2014.
• The original equipment farm tire shipments
  reached thousand units in 2015, depicting a
  decline of as compared to thousand units in
  2014.
• At OE level, small farm OE tires accounted for
  of the market, followed by bias rear OE farm
  tires with share in 2015. Rear radial OE farm
  tires accounted for of the market.

The US OE Farm Tire Shipments by Volume
(2010-2015)
The US OE Farm Tire Market Shipments Share by
Category (2015)
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This decrease in the US farm tire shipments is
due to continuous decrease in US net farm income
and exports of US-made farm equipments
The US Farm Tire Shipments Forecast (2015-2019E)

• The US farm tire shipments are forecasted to
  decrease from million units in 2015 to
  million units by 2019.
• This decrease in the US farm tire shipments is
  due to continuous decrease in US net farm income
  and exports of US-made farm equipments.

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These are abridged and sanitized sample pages
from the comprehensive report on the The US
Farm Tire Market . To know more about this
report or for any customized research
requirement, please contact the following
Koncept Analytics CS-36, Second Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T.
91-120-4130959 C 91-9811715635
vikas_at_konceptanalytics.com
Vikas Gupta BD Manager
www.konceptanalytics.com