North America Off the Road (OTR) Tire Market 2022 – Geographical Analysis, Latest Technology, Investment Opportunities, Future Trends and Outlook 2027

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The North America Off the Road (OTR) Tire Market size is projected to grow at a CAGR of around 6.42% during the forecast period, i.e., 2022-27. According to MarkNtel Advisors Study.

North America Off the Road (OTR) Tire Market Driver:

Construction & Resource-Sector Capex Boom Accelerating Heavy Equipment Utilization: North America’s OTR tire demand is being propelled by a multi-year upswing in construction and resource-sector capital expenditure. Large public infrastructure programs, industrial re-shoring/near-shoring projects, and private investments in logistics parks, data centers, and renewable energy sites are translating into sustained utilization of earthmovers, haul trucks, graders, loaders, and cranes. In parallel, robust activity in aggregates, metals mining, and oil & gas (including brownfield maintenance and selective greenfield expansions) is lifting hours-worked for surface mining fleets—directly increasing wear rates and accelerating replacement cycles for OTR tires.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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North America Off the Road (OTR) Tire Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2021

-Historical Period: 2017 to 2020

-Forecast Period: 2022 to 2027

  • By Type of Vehicle
    • Earthmoving & Construction Equipment
      • Excavator
      • Backhoe Loaders
      • Crawler Loaders
      • Bulldozers
      • Motor Graders
      • Dump Trucks
    • Agricultural Vehicle
      • Tractors
      • Combined Harvester
      • Farm Trucks
      • Others
    • Material Handling Vehicle
      • Cranes
      • Forklifts
      • Tippers
      • Others
  • By OEM Vs Aftermarket
  • By Radial Vs Bias
  • By Country
    • The United States
    • Canada
    • Mexico
  • By Season
    • All Season
    • Summer
    • Winter
  • By Sales Channel
    • Exclusive Stores
    • Authorized Dealers or Distributors
    • Others
  • By Price Category
    • Budget
    • Economy
    • Premium
  • By Rim Diameter
    • 20"- 25"
    • 26"-35"
    • 36"-48"
    • Above 48"

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Michelin, Goodyear, Bridgestone, Continental, Zhongce Rubber, Kumho, Toyo, Yokohama, Trelleborg, Triangle Group are looking forward to strengthening their market positions.

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Data-Driven Insights Backed by Proven Research

We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.

From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.

About Us –

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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