트랙터용 타이어 시장 평가, 2024-2031년
세계의 식량 수요에 의해 농지가 확대되어 농업 작업이 강화되어 트랙터의 사용량이 증가하고 있습니다. 농업 생산의 확대와 효율화가 농가는 전용 타이어를 장착한 고성능 트랙터에 투자하게 되어 시장 확대에 기여하고 있습니다.
노동 비용이 증가함에 따라 농부는 육체 노동에 대한 의존을 줄이고 로봇의 대체를 요구합니다. 트랙터용 타이어 산업은 향후 수년간 꾸준히 성장할 것으로 예상됩니다.
트랙터용 타이어 시장 정의/개요
트랙터용 타이어는 주로 농업 기계 용으로 제조되어 다양한 현장 상황을 견딜 수 있도록 설계된 강력하고 트랙션이 높은 타이어입니다. 다양한 노면에서 뛰어난 트랙션을 발휘하도록 설계되어 있습니다. 심기, 수확 등의 농작업의 가혹함을 견디기 위해 크고 깊은 트레드와 보강된 측벽을 갖추고 있는 경우가 많습니다. 트랙터 요구 사항에 따라 디자인이 다릅니다.
기술 혁신과 현대 농업 요구의 변화는 트랙터 타이어의 발전을 촉진하는 것으로 보입니다. 공압이나 트레드의 열화를 감시하는 센서 등, 스마트 타이어 기술의 진보가 일반적으로 되어, 메인터넌스나 작업 효율의 향상으로 이어질 가능성이 있습니다.
지속가능성이 중요해짐에 따라 환경에 미치는 영향을 줄이는 친환경 소재와 설계가 추세가 될 수 있습니다. 기술을 통합하는 것은 농업의 성능과 생산성을 극대화하는 데 매우 중요하다고 생각됩니다.
트랙터용 타이어 시장은 농업의 기계화의 진전을 견인한다고 생각됩니다. 대수는 2000년부터 2018년 동안 2,760만대에서 3,570만대로 29% 증가했습니다.
농업 기계화에 대한 정부의 지원은 트랙터용 타이어 시장을 홍보할 것으로 보입니다. 이러한 계획은 자동화 된 농업 사용을 장려하고 트랙터 타이어 수요를 증가시킵니다. 오래 지속되는 타이어에 대한 수요가 높아지고 시장 성장의 원동력이 됩니다.
트랙터 타이어 시장은 경기 후퇴에 영향을 미칩니다. 경기 후퇴기에는 농업 기업이 재정적인 제약을 받을 수 있으므로 새로운 기계 및 타이어 교환을 포함한 유지 보수에 대한 투자가 줄어 듭니다. 트랙터 타이어의 구매가 연기되거나 감소되는 경우가 많아 시장 전체 수요에 영향을 미칩니다.
원재료 비용 상승은 트랙터 타이어 시장에 영향을 미칩니다. 비용 증가를 자주 경험하게 될 것이며, 그 결과 타이어 가격도 상승할 수 있습니다. 또는 비용 상승의 영향을 상쇄하기 위하여 다른 물자를 모색할 필요가 있을지도 모릅니다.
Tractor Tyres Market Valuation - 2024-2031
The global food demand has led to the expansion of agricultural land and intensification of farming practices, demanding more tractor use. The demand for agricultural activities in developing nations is increasing tractor sales and thus tire demand. The growing emphasis on increasing agricultural production and efficiency is driving farmers to invest in high-performance tractors with specialized tires, which contributes to market expansion. The market size surpass USD 8.42 Billion valued in 2024 to reach a valuation of aroundUSD 12.2 Billion by 2031.
The rising expense of labor is driving farmers to seek robotic alternatives, reducing their reliance on physical labor. This growth is directly tied to rising tractor purchases and the accompanying demand for tractor tires. As agriculture modernizes and expands, the tractor tire industry is expected to rise steadily in the future years. The rising demand for cost-effective and efficient tractor tyres is enabling the market grow at aCAGR of 5.23% from 2024 to 2031.
Tractor Tyres Market: Definition/ Overview
Tractor tyres are strong, high-traction tires built primarily for agricultural machines to withstand a variety of field situations. They are designed to withstand big loads, give stability, and provide excellent traction on a variety of surfaces, including soil, mud, and gravel. These tires often have big, deep treads and reinforced sidewalls to resist the rigors of farming activities such as plowing, planting, and harvesting. Their design varies according to the tractor's requirements, with options such as radial and bias-ply tyres responding to various operational demands and soil conditions.
Innovations in technology and the changing needs of modern agriculture are likely to drive advancements in tractor tyres. Improved materials and designs are intended to boost durability, fuel efficiency, and traction performance. Smart tyre technology advancements, such as sensors for monitoring tyre pressure and tread degradation, could become more common, resulting in improved maintenance and operational efficiency.
With the growing emphasis on sustainability, there may be a trend toward eco-friendly materials and designs that lessen environmental effects. As precision farming and self-driving tractors gain popularity, incorporating innovative tyre technology will be critical in maximizing performance and productivity in agricultural practices.
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The tractor tyres market will drive the growing mechanization of agriculture. As mechanized farming operations become more common, the demand for tractor tyres increases accordingly. According to the Food and Agriculture Organization (FAO), the global number of tractors increased by 29% between 2000 and 2018, from 27.6 million to 35.7 million. This significant increase in tractor numbers highlights the necessity for long-lasting, high-performance tires to sustain the expanding fleet, driving the market growth for tractor tyres.
Government support for agricultural mechanization will propel the tractor tyre market. Policies such as India's Sub-Mission on Agricultural Mechanization (SMAM) plan have resulted in significant increases in tractor sales, with a 5.2% increase observed between 2016-17 and 2018-19. Such programs encourage the use of automated farming, which increases the demand for tractor tires. As more tractors are sold and utilized, the demand for high-quality, long-lasting tyres rises, driving the market growth.
The tractor tyre market impact economic downturns. During economic downturns, agricultural enterprises may experience financial constraints, resulting in lower investments in new machinery and maintenance, including tire replacements. Lower farmer incomes and tighter budgets frequently result in deferred or reduced tractor tyre purchases, affecting overall market demand. Reduced agricultural output and slower expansion in automation during economic downturns can also contribute to a slowdown in the tractor tyre market.
The increasing cost of raw materials will have an impact on the tractor tyre market. The production of tractor tyres is primarily reliant on raw materials like rubber, steel, and various chemicals. When the costs of these materials grow, manufacturers frequently experience greater production costs, which might result in higher tire pricing. Rising raw material costs may lower consumer demand as prices rise, thereby impeding market growth. Furthermore, producers may need to adapt their pricing strategy or explore other materials to offset the impact of rising costs.
Bias tires segment is projected to dominate the tractor tire market. Heavy weights will propel the bias tyres segment of the tractor tyre market. Bias tyres are made up of numerous layers of fabric plies, which increases their strength and longevity, making them ideal for managing the large weights found in agricultural operations. Their structure provides improved weight distribution and resistance under strong machinery stress, making them appealing to farmers who want dependable tyres for difficult operations like plowing and transporting. As the requirement for strong tyres to withstand large loads grows, the bias tyre segment is expected to capitalize on rising market demand.
The capacity to bear heavy loads will propel the bias tyre section of the tractor tyre market. Bias tyres are designed with numerous layers of fabric plies to increase strength and longevity, making them perfect for supporting the large weights experienced in agricultural activities. This characteristic provides higher load-bearing capacity and resilience under harsh conditions, making bias tyres the preferable choice for tractors employed in intense farming operations. As the demand for tyres that can dependably manage heavy loads grows, the bias tire segment is projected to expand in response.
The agricultural tractor segment is the tractor tire market. Harvesting and transportation will propel the agricultural tractors section of the tractor tires market. Tractors serve an important role in both harvesting and transporting agricultural goods, necessitating the use of high-performance tires capable of handling a wide range of field conditions and large loads. The efficiency and efficacy of these operations are dependent on the capabilities of agricultural tractors, which increases demand for tyres that can resist the rigors of harvesting and transportation. As agricultural operations expand and the requirement for efficient machinery grows, the demand for agricultural tractors is expected to rise, benefiting the tractor tyres market.
Geographic distribution will drive the agricultural tractors section of the tractor tyres market. The growth of agricultural activities in new and different regions raises the demand for tractors with tires designed to handle varying soil conditions and terrains. As farming techniques spread into previously undeveloped areas, the demand for dependable agricultural tractors increases to support new cultivation and harvesting activities. This regional dispersion drives the tractor tire market as manufacturers and suppliers strive to suit the demands of various regions with unique solutions, hence boosting the overall growth of the agricultural tractors segment.
North America is anticipated to hold major share in the tractor tire market. Advanced technologies will accelerate the North American tractor tyre market. The expanding use of precision agriculture technologies, such as GPS-guided tractors and self-driving vehicles, raises the demand for smart tractor tires capable of supporting these advancements. The USDA forecasts a considerable increase in the usage of auto-steer systems, with adoption rates for major crops expected to reach 40% by 2025.
Furthermore, the Precision Agriculture Market is predicted to increase from USD 4.7 Billion in 2020 to USD 8.3 Billion by 2025, according to the Association of Equipment Manufacturers. In Canada, investments in these technologies have increased by 35% during 2018, substantially increasing the market.
Established infrastructure will fuel the North American tractor tyre market. The region's excellent distribution and supply chain networks provide efficient delivery of tractor tyres, which helps to meet the growing demand for agricultural equipment. The transportation and warehousing sector in the United States is predicted to increase its GDP contribution from USD 664.2 Billion in 2020 to USD 730 Billion by 2025, reflecting a more effective distribution system. The expected 28% rise in freight tonnage by 2032, along with a comprehensive transportation network, ensures prompt delivery. These well-developed and constantly improving infrastructure networks are essential to fueling the expansion of the tractor tyre market in North America.
The Asia Pacific region is seeing the fastest growth in the tractor tire market. Rapid economic expansion will drive the Asia-Pacific tractor tyre market. The region's substantial economic progress, with GDP growth projected at 5.2% in 2023 and 5.3% in 2024, is driving increase in agricultural mechanization and productivity. This trend is supported by the rising mechanization index, which has increased from 0.8 in 2000 to a projected 1.5 by 2030, as well as significant increases in tractor sales in nations such as China and India.
Infrastructure development will fuel the Asia-Pacific tractor tyre market. Agricultural mechanization and productivity are increasing in tandem with the region's high economic growth, which is expected to reach 5.2% in 2023 and 5.3% in 2024. Infrastructure development, such as transportation and supply chain network, helps to fuel this growth by allowing for more efficient delivery of agricultural machinery and tires. The Food and Agriculture Organization (FAO) predicts that the mechanization index would rise from 0.8 in 2000 to 1.5 by 2030, and with major increases in tractor sales in countries such as China and India, infrastructural improvements are critical to meeting rising demand.
The tractor tyres market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the tractor tyres market include: