DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Agricultural Tractor Tires Market 2017-2021" report to their offering.
The analysts forecast the global agricultural tractor tires market to grow at a CAGR of 4.93% during the period 2017-2021.
Global Agricultural Tractor Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is increase in demand for high flexion tractor tires. There has been a growing demand for high flexion tractor tires that can carry load with approximately 40% reduced air pressure. These tires have several advantages as they guarantee longer footprint by reducing soil compaction, causing a higher yield.
The tire lugs are manufactured in such a way that they help tractors move in dirt and mud with ease and such designs also reduce tire slippage.
One driver in market is growing participation of private players and government initiatives. There is a growing focus on the agricultural sector, and most of the economies across the world are putting up their best effort to improve the productivity of their farms.
Various initiatives have been taken by the government and spending on agricultural sector is on the rise across all the major economies. Private players are also investing heavily in the agricultural sector. India observed foreign direct investment (FDI) of $2.26 billion between April 2000 and December 2015 in the agricultural sector.
Other prominent vendors
- ATG Tires
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by wheel width
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Participation of private players and government initiatives
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/vjxpll/global