Earthmoving Equipment Tyres Market is expected to rev up demand for tyres in the construction industry
About
Earthmoving
Equipment
Tyres
Market
Increasing preference for better
infrastructure facilities among the urban population has led to surge
in the number of construction projects. With the growing urban
population, demand for constructing commercial spaces, residential
complexes, and multiplexes is expected to remain high. Growing need
for constructing commercial and residential buildings has led to
surge in demand for earthmoving equipment in the construction
industry significantly. Increasing demand for earthmoving equipment
such as loaders, excavators, and construction tractors is expected to
rev up demand for the earthmoving equipment tyres in the construction
industry.
Get
Sample copy of this Report @
https://www.factmr.com/connectus/sample?flag=S&rep_id=379
global earthmoving equipment tyres
market
According to Fact.MR, the global
earthmoving equipment tyres market is expected to represent a value
of over US$ 16,100 Mn by the end of 2026. In terms of volume, the
global earthmoving equipment tyres market is expected to reach over
1,800 Mn units during the forecast period.
Increasing Number of
Construction Projects to Boost Demand
As
the requirement for developing infrastructure in various cities
continues to remain high, the ruling authorities are increasingly
investing on construction of roads, highways, flyovers, and
buildings. Rise in the urban population has also led to increase in
demand for building construction projects globally. In addition,
government in various countries are developing strategies to
accommodate majority of their citizens within the safe confines of
residential complexes with enhanced infrastructure facilities. In
order to encourage development
of smart cities, the ruling authorities are allocating funds to
incorporate smart technological solutions for flyover, highways,
buildings, streets, and roads. Increasing number of construction
projects in various countries will continue to rope in demand for
earthmoving equipment, which in turn is expected to reflect
positively towards growth of the global market.
Intelligent Technological
Advancements to Impact the Global Market Growth
As technological upgradation
continues to remain the need of the hour, manufacturers are focusing
on incorporating leading technological advancements in the
earthmoving equipment globally. Through incorporation of the advanced
technological features such as intelligent communication system in
the earthmoving equipment tyres, the leading companies in the
construction equipment industry are looking to expand their customer
base and gain a competitive edge in the global market. Integration of
the intelligent communication systems in the earthmoving equipment
tyres allows the end users to monitor information regarding the
diesel level, hydraulic oil filter clogging, engine oil pressure, and
air filter clogging. Increasing integration of technological
advancements in the earthmoving equipment tyres is expected to
reflect positively towards growth of the global earthmoving equipment
tyres market during the forecast period.
Get
Discount
of this Report @
https://www.factmr.com/connectus/sample?flag=D&rep_id=379
Radial Tyre to Represent a
Leading Segment
Growing need for tracked vehicles
for moving large objects or digging purposes has led to surge in
demand for crawler excavator in the construction industry. On the
basis of vehicle type, the backhoe loaders segment is expected to
represent a significant revenue growth, accounting for a value of
over US$ 4,400 Mn by the end of 2026. Also, the backhoe loaders
segment is expected to register a healthy CAGR throughout the
forecast period.
Based on tyre type, the radial
segment is expected to generate significant revenues, recording a
value of over US$ 7,100 Mn by the end of 2017. In addition, the
radial tyres type segment is expected to register a robust CAGR
during the forecast period.
By rim size, the 35-50 segment is
expected to witness the highest revenue growth, accounting for a
value of over US$ 5,800 Mn by the end of 2026. Moreover, the 35-50
rim size segment is expected to register the highest CAGR throughout
the forecast period.
On the basis of sales channel, the
aftermarket segment is expected to represent a robust revenue growth,
recording a value of over US$ 6,300 Mn by the end of 2017. On the
other hand, the aftermarket sales channel segment is expected to
register a significant CAGR during the forecast period.
Competition Tracking
Leading market players operating
in the global earthmoving equipment tyres market include Zodiac
Aerospace Group, RECARO Aircraft Seating GmbH & Co. KG, B/E
Aerospace, Inc, JAMCO Corporation, Aviointeriors S.p.A, Acro Aircraft
Seating, Geven S.p.A, Mirus Aircraft Seating Ltd, Thompson Aero
Seating Ltd, and ZANKER PROMOTION GMBH.
Note: The insights mentioned here
are of the respective analysts, and do not reflect the position of
Fact.MR
Table of Contents
1. Global Economic Outlook
2. Global Earthmoving Equipment
Tyre Market - Executive Summary
3. Global Earthmoving Equipment
Tyre Market Overview
3.1. Introduction
3.1.1. Global Earthmoving
Equipment Tyre Market Taxonomy
3.1.2. Global Earthmoving
Equipment Tyre Market Definition
3.2. Global Earthmoving Equipment
Tyre Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1. Global Earthmoving
Equipment Tyre Market Y-o-Y Growth
3.3. Global Earthmoving Equipment
Tyre Market Dynamics
3.4. Value Chain
3.5. Product lifecycle Assessment
3.6. Pricing Analysis
3.7. List of Distributors
3.8. Investment Feasibility Matrix
3.9 Global Construction Industry
Projects
3.10 Global Earthmoving Equipment
Tyre Market Scenario
3.11. Key Participants Market
Presence (Intensity Map) By Region
About us
Fact.MR is focused on offering
transformative intelligence that inspires breakthroughs and
innovation. We believe that the right decisions at the opportune time
are integral to achieve extraordinary success. We are here to help
you with your strategic decision making. And, how do we that? By
tapping into the vast labyrinth of data to bring you intelligence
that inspires.
Contact
Mr. Rohit Bhisey
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Tel: +353-1-6111-593
Website:
https://www.factmr.com
Comments
Post a Comment