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

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The total US farm tire market can be divided between replacement and original equipment segments. For more mail: vikas@konceptanalytics.com – PowerPoint PPT presentation

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


1
The US Farm Tire Market Report
----------------------------------------- 2016
View Report Details
2
View Report Details
  • 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.

3
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)
4
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)
5
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.

6
Contact Us
View Report Details
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
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