ATV-UTV Tire Market by Type (Racing Tires, Sand Tires, Mud Tires, and All Terrain Tires), Application (All-Terrain Vehicle (ATV) and Utility Terrain Vehicle (UTV)), and Industry Vertical (Agriculture, Military, Mountaineering, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026
ATV-UTV tires are special type of tires, which are designed to operate effectively and efficiently in special conditions such as mountaineering and military operations. ATV-UTV tires are fitted across the rim of a wheel to transfer load of a vehicle from axle to the ground. They are made of high-performance rubber that consists of tread, joint less cap piles, beads, and other materials; such as synthetic rubber, carbon black, and fabric, which are responsible for effective working of vehicles. Since, tires used in a vehicle are used to protect the wheel rim of a vehicle and at the same time offer tractive force between road surface and vehicle causing the vehicle to move. In addition, the ATV-UTV tires are manufactured with treads marked on them which causes the vehicle to move and at the same time are responsible for efficient driving of the vehicle.
Numerous ATV-UTV tires have been introduced by companies having a wider application in ATVs and UTVs, which supplements the growth of the market. Wider use of ATVs and UTVs for different purposes, such as use in adventurous sports and military operations, supplement the growth of ATV-UTV tire market. The applications of ATVs and UTVs are anticipated to witness significant growth over the years, owing to increased demand for such types of vehicles.
The global ATV-UTV tire market is segmented on the basis of type, application, industry vertical, and region. By type, it is categorized into racing tires, sand tires, mud tires, and all terrain tires. By application, it is categorized into all-terrain vehicle (ATV) and utility terrain vehicle (UTV). By industry vertical, it is categorized into agriculture, military, mountaineering, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in the ATV-UTV tire market include Bridgestone, Carlisle, Duro Tire, Goodyear, KENDA Tire, Maxxis, Michelin, Sedona Tire and Wheel, Titan International Inc., Toyo Tire and others which holds major ATV-UTV tire market share.
KEY BENEFITS FOR STAKEHOLDERS
• This study presents the analytical depiction of the global ATV-UTV tire market along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current market is quantitatively analyzed from 2018 to 2026 to highlight the financial competency of the market.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
KEY MARKET SEGMENTS
o Racing Tires
o Sand Tires
o Mud Tires
o All Terrain Tires
o All-Terrain Vehicle (ATV)
o Utility Terrain Vehicle (UTV)
By Industry Vertical
o North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
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