PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: TechSci Research

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

India Farm Tyre Market Rose at 9% During 2009-13 Finds TechSci Research Study - Large tractor / trailer fleet size coupled with growing demand for tractors would continue to augment farm tyre sales through 2019 - TechSciResearch.com
India Farm Tyre Market Rose at 9% During 2009-13 Finds TechSci Research Study

 

NewswireToday - /newswire/ - Burnaby, British Columbia, Canada, 2014/09/15 - Large tractor / trailer fleet size coupled with growing demand for tractors would continue to augment farm tyre sales through 2019 - TechSciResearch.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Farm tyre market in India accounts for about 80% share of the overall OTR (Off-the-Road) tyre market. Farm tyres comprise Tractor Front, Tractor Rear and Tractor Trailer tyres. Tractor Front is the most dominating farm tyre segment in volume terms, followed by Tractor Rear tyres and Tractor Trailer Tyres. While both Tractor Front and Rear tyres are sold in OEM and replacement segments, Tractor Trailer tyres are sold only in replacement market, with unorganized Trailer manufacturers assembling these tyres at their units. Robust growth in domestic tractor sales and exports, rise in mechanized farming, usage of tractors in horticulture, floriculture, hoe farming, etc., coupled with increasing tractor usage in urban and semi urban centers in infrastructure and construction activities, and large tractor fleet size are the major reasons boosting the country’s farm tyre market.

According to TechSci Research report “India Tractor and Trailer Vehicles and Tractor and Trailer Tyre Market Forecast and Opportunities, 2019”, the farm tyre market in India witnessed a CAGR of 9% during 2009-13. Major reasons behind this growth include the country’s large tractor fleet, continuing growth in tractor sales, rise in mechanization level of farming, tax rebate given by many state governments in the country on the purchase of agricultural products. Tractor and tractor trailer companies in India manufactured around 0.8 million tractors and tractor trailers in 2013 to address the increasing demand for the same in agriculture and semi urban civil applications in the country. Though the farm tyre demand continues to grow in India, level of radialization in Farm Tyres is still at a very nascent stage as majority of tyres sold account for bias based farm tyres. Currently, all the Tractor Front and Tractor Trailer tyres sold in India are based on bias tyre technology.

“Demand for tractor tyres is directly co-related to the existing tractor/trailer fleet and the growth being witnessed for tractors/trailers. Increasing production capacity of tractor manufactures coupled with growing penetration of tractors and trailers in infrastructure and construction sectors of semi urban and rural areas are driving tractor/trailer market in India, thereby benefitting the country’s farm tyre market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Tractor and Trailer Vehicles and Tractor and Trailer Tyre Market Forecast and Opportunities, 2019” has evaluated the future growth potential of India Farm Tyre industry and provides statistics and information on market structure, exports and future growth of India’s Farm Tyre industry. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides all this, the report identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in Farm Tyre industry in India.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: TechSci Research

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


India Farm Tyre Market Rose at 9% During 2009-13 Finds TechSci Research Study

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Ken Mathews - TechSciResearch.com 
+91 12 04316223 ken.mathews[.]techsciresearch.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any TechSci Research securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From TechSci Research / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’
First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)