24 December 2018
– The Global ATV
Tires Market is expected to gain a significant CAGR in the
forthcoming period. An ATV is an all-terrain vehicle designed for terrain
driving and extreme road conditions. Technically, an ATV possess certain parts
needed for effective performance. Hence, these can be named as bead, belt,
plies, shoulder, sidewall and tread pattern. ATV tires have a different set of
physical characteristics that pertain to its load capacity, size, weight, speed
rating and tread pattern.
On a commercial level, the growth for ATV tires market is
subject to stimulation by growth in demand for military vehicles according to
specific dimensions coupled with innovation in engineering. Driving factors
responsible for the growth of the market includes rise in number of adventure
sports coupled with demand for ATV equipment and devices. In addition, ATV
tires offer extra advantages over conventional tires coupled with extra
durability and is expected to stimulate the growth of market. Also, the demand
from defence sector especially military, stimulates the market presence for ATV
tires.
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Based on segmentation by product, the ATV tires market
includes 8 inches, 12 inches and 16 inches. Segmentation based on application,
the ATV tires Industry includes family leisure and ATV game. Segmentation based
on type, the market includes dirt bikes, commercial ATVs and Military ATVs.
Geographical segmentation for ATV tires market includes
North America, South America, Europe, Asia-Pacific, Middle-East and Africa.
North America and Europe market is anticipated to grow at a higher CAGR in the
forthcoming period owing to rise in adventure sports coupled with demand for
adventure vehicles and dirt bikes. Europe market is anticipated to follow the
trend. APAC and MEA market is anticipated to grow at a higher CAGR in the
forthcoming period owing to rising military activities.
The key players in ATV tires market include Bridgestone,
Goodyear, Continental, Pirelli, Sumitomo, Yokohama, Maxxis, Zhongce, Triangle
Group, GITI Tire, Cooper Tire, Kumho Tire, Apollo Tires Ltd, Toyo Tire, and
Nexen Tire.
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Market Segment:
Global ATV Tires
market competition by top manufacturers, with production, price, revenue
(value) and market share for each manufacturer; the top players including
• Bridgestone
• Michelin
• Goodyear
• Continental
On the basis of
product, this report displays the production, revenue, price, market share and
growth rate of each type, primarily split into
• 8 Inches
• 12 Inches
• 16 Inches
• Other
On the basis of the
end users/applications, this report focuses on the status and outlook for major
applications/end users, consumption (sales), market share and growth rate for
each application, including
• ATV Game
• Family Leisure
• Other
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