The global All-Terrain Vehicle (ATV) tires market is expected to gain a significant CAGR in the forthcoming period. ATVs. 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.
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.
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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.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of ATV Tires in these regions, from 2012 to 2022 (forecast), covering
• North America
• Southeast Asia
Global ATV Tires market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• GITI Tire
• Toyo Tire
• Cooper Tire
• Kumho Tire
• Apollo Tires Ltd
• Triangle Group
• Nexen Tire
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