Asia Pacific Farm Tire Market Size & Outlook, 2022-2030
Asia Pacific farm tire market, 2018-2030 (US$M)
Related Markets
Asia Pacific farm tire market highlights
- The Asia Pacific farm tire market generated a revenue of USD 3,293.3 million in 2022.
- The market is expected to grow at a CAGR of 6.6% from 2023 to 2030.
- In terms of segment, bias was the largest revenue generating product in 2022.
- Bias is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 3,293.3 million |
| Market revenue in 2030 | USD 5,496.7 million |
| Growth rate | 6.6% (CAGR from 2022 to 2030) |
| Largest segment | Bias |
| Fastest growing segment | Bias |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bias, Radial |
| Key market players worldwide | Bridgestone Corp, Continental AG, Compagnie Financiere Richemont SA Class A, Sumitomo Rubber Industries Ltd, Titan International Inc, Michelin, Carlisle Companies Inc, Yokohama Rubber Co Ltd, Trelleborg AB ADR |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 42.8% of the global farm tire market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,496.7 million by 2030.
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Farm Tire Market Scope
Farm Tire Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific farm tire market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to farm tire market will help companies and investors design strategic landscapes.
Bias was the largest segment with a revenue share of 73.52% in 2022. Horizon Databook has segmented the Asia Pacific farm tire market based on bias, radial covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Farm Tire Product Outlook (Revenue, USD Million, 2018-2030)
- Bias
- OEM
- Aftermarket
- Radial
- OEM
- Aftermarket
- Bias
- Asia Pacific Farm Tire Application Outlook (Revenue, USD Million, 2018-2030)
- Tractors
- Small
- Bias
- Radial
- Medium
- Bias
- Radial
- Large
- Bias
- Radial
- Ultra Large
- Bias
- Radial
- Small
- Harvesters
- Bias
- Radial
- Forestry
- Bias
- Radial
- Irrigation
- Bias
- Radial
- Implements
- Bias
- Radial
- Sprayers
- Bias
- Radial
- Tractors
- Asia Pacific Farm Tire Distribution Outlook (Revenue, USD Million, 2018-2030)
- OEM
- Bias
- Radial
- Aftermarket
- Bias
- Radial
- OEM
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific farm tire market databook
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Our clientele includes a mix of farm tire market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific farm tire market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific farm tire market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific farm tire market size, by country, 2018-2030 (US$M)
Asia Pacific Farm Tire Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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