- The key vendors in the agriculture tires market in Europe 2015-2019 are Apollo Vredestein BV, Brisa, Bridgestone Europe, Michelin, Mitas A/S and Pirelli
London, 22 April 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the agriculture tires market in Europe 2015-2019. Increased adoption of stubble-resistant tires is one of the latest trends emerging in the market. Tire manufacturers are testing stubble-resistant compounds and are also making changes in design that will make tires more resilient to puncture. The stubble shoes knock down the stalks before the tires drive over them, and in this way damage is reduced. The agriculture tires market in Europe is expected to grow at a CAGR of 1.47% during the forecast period of 2014-2019.
The agriculture tires market in Europe is one of the largest agriculture tires market in the world marked by the presence of well-established international vendors. The international players in the market are increasing their R&D investments. The competitive environment is expected to intensify with an increase in product lines and advances in technology.
“Increased flexion technology is the latest technology to become a trend in the agriculture tires market,” says Faisal Ghaus, Vice President of Technavio Research.
“An IF tire can handle the same load at 20% less air pressure or can handle 20% more load at the same pressure.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Agriculture Tires Market in Europe 2015-2019, please send an e-mail to media@TechNavio.com
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