US Farm Tire Industry Forecasts to 2018
Agricultural/farm tires are a sub-segment of specialty tires
and are used for various farm vehicles such as tractors, combines, sprayers,
trailers and harvesters. Global OE demand ended the year down sharply in mature
markets, due to the extensive replacement sales of farm machinery in recent
years, falling grain prices and the reduction in agricultural tax incentives in
the US. In 2014, the replacement market in Europe was stable whereas the North
American replacement market was significantly lower than previous year.
The US farm tire market has two segments, replacement (RT)
and original equipment (OE) farm tires, and is further categorized into radial
bias and small farm types.
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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 enjoys a clear leadership 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 current report provides 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, increase in tire imports from China and export of US-made farm
equipments. The competitive aspects of the market are also highlighted and
major players in the US farm tire market, Bridgestone, Michelin, Trelleborg and
Titan, are being profiled with their key financials and business strategies.
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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.
Few Points from List
of Charts
The US Consumer Tire Imports from China (2010-2014)
Exports of US-Made Farm Equipment (2010-2014)
GDP Growth in the US (2009-2014E)
Natural and Synthetic Rubber Prices (2005-2015E)
Bridgestone's Revenue Share by Business Segment (2014)
Bridgestone’s Tire Segment Net Sales (2010-2014)
Michelin's Revenue Share by Business Segment (2014)
Michelin's Specialty Business Net Sales (2010-2014)
Trelleborg's Revenue Share by Business Segment (2014)
Trelleborg's Wheel Segment Net Sales (2010-2014)
Titan's Revenue Share by Business Segment (2014)
Titan’s Agricultural Segment Net Sales (2010-2014)
The US Farm Tire Shipments Forecast (2013-2018F)
Other Related
Report on Farm Tire Market:
The US Farm Tire
Market Report: 2014 Edition (http://www.marketreportsonline.com/323494.html) The current report provides an
overview of the US farm tire market. It discusses market size, segments, growth
drivers, and challenges. The competitive aspects of the market are also
highlighted and key players are profiled with their main business strategies.
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reports on Automotive Market at http://www.marketreportsonline.com/cat/automotive-market-research.html.
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