London, 01 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Agriculture Tires Market in Canada 2015-2019, which is expected to grow at a CGAR of 3.73 percent during the forecast period of 2014-2019.
“Tire manufacturers are not only testing stubble-resistant compounds, they are also making changes in design that will make tires more resilient to puncture,” says Faisal Ghaus, Vice President of TechNavio.
“Tire manufacturers have come up with the temporary solution of installing stubble shoes on the front end of the machines to minimize the damage.”
Key Market Drivers
- Easy Credit Options
- Increase in Farm Mechanization
- Increased Demand for Agriculture Equipment
- Government Policies
Key Market Trends
- Stubble-resistant Tires
- IF Tires
- VF Tires
- Eco-friendly Tires
Key Market Vendors
- Balkrishna Industries
- Bridgestone Corp.
- Michelin
- Titan Tire Corp.
- Trelleborg
To define the market circumstances 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.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
