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DTH (Direct-To-Home) TV Market – By Vehicle Type (Dump Truck, Wheel Loader, Backhoe Loader, Motor Grader and Bulldozer) and By Demand (OEM and Replacement): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026

  • Publish On: Jun-2020
  • Total Pages: 175
  • Report Code: FAF-1103
  • Base Year: 2019
  • Format:

Industry Insights

This professional and specialized report study examines the technical and business perspective of the DTH (Direct-To-Home) TV industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the DTH (Direct-To-Home) TV Market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall DTH (Direct-To-Home) TV Market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the DTH (Direct-To-Home) TV Market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the DTH (Direct-To-Home) TV Market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the DTH (Direct-To-Home) TV Market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the DTH (Direct-To-Home) TV Market.

The research study provides a critical assessment of the DTH (Direct-To-Home) TV industry by logically segmenting the market on the basis of product vehicle type, demand and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the DTH (Direct-To-Home) TV industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Mining vehicles are intensively used in the process of mining to carry out the mining procedures. This has led to increase in demand for mining tire market across the map. Rising federal and government plans and initiatives aimed to boost mining projects is expected to up surge the growth for retreaded mining tires and expanding dealership network and distributor by tire producers, attached with espousal of radial tires due to a number of features such as reduced wear and tear, improved fuel efficiency, performance efficiency and others, are some of the primary aspects that are driving the demand for global mining tires. Usage of dump trucks, Bulldozer and other heavy vehicles at mining and construction sites has increased the demand for mining tires market across the map.

The mining tire market is projected to grow owing to key factors such as increasing demand for construction & mining gears due to automation and increased infrastructural development in emerging countries such as India, China, South Korea and others      . Mining Tire Market is classified on the basis of Vehicle Type and Demand. The vehicle type segment is further categorized into Dump Truck, Wheel Loader, Backhoe Loader, Motor Grader and Bulldozer. By demand the market is divided into OEM and Replacements

Some of the key players operating in the DTH (Direct-To-Home) TV Market around the globe Apollo Tyres Ltd., Sumitomo Rubber Industries, Ltd., Balakrishnan Industries Limited, Michelin, Bridgestone Corporation, The Goodyear Tire & Rubber Company, The Yokohama Rubber Co., Ltd., Toyo Tire & Rubber Company, Triangle Tyre Co. Ltd., Titan Tire Corporation, JK Tyre, Double Coin Holdings and others.

The taxonomy of the DTH (Direct-To-Home) TV industry by its scope and segmentation is as follows:

Global Mining Tire Market: By Vehicle Type Segmentation Analysis

  • Dump Truck 
  • Wheel Loader 
  • Backhoe Loader 
  • Motor Grader 
  • Bulldozer

Global Mining Tire Market: By Demand Segmentation Analysis

  • OEM 
  • Replacement

Global DTH (Direct-To-Home) TV Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

  • Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
  • Direct and Indirect Rationales Impacting the Industry
  • In-depth and Micro Analysis of Viable Segments and Sub-segments
  • Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
  • Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
  • Key Buyers and End-Users Analysis
  • Value Chain and Manufacturing Cost Structure Analysis wherever relevant
  • Key Marketing Strategies as well as Key Sales Channels adopted in the market
  • Investment Opportunity Analysis & Patents Analysis wherever feasible
  • Technological Road Map & Technical Analysis
  • Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)

 

Table of Content

  1. CHAPTER 1. Executive Summary
  2. CHAPTER 2. Mining Tire market – Vehicle Type Analysis
    1. 2.1. Global Mining Tire Market – Vehicle Type Overview
    2. 2.2. Global Mining Tire Market Share, by Vehicle Type, 2018 & 2025 (USD Million)
    3. 2.3. Dump Truck
      1. 2.3.1. Global Dump Truck Mining Tire Market, 2016-2026 (USD Million)
    4. 2.4. Wheel Loader
      1. 2.4.1. Global Wheel Loader Mining Tire Market, 2016-2026 (USD Million)
    5. 2.5. Backhoe Loader
      1. 2.5.1. Global Backhoe Loader Mining Tire Market, 2016-2026 (USD Million)
    6. 2.6. Motor Grader
      1. 2.6.1. Global Motor Grader Mining Tire Market, 2016-2026 (USD Million)
    7. 2.7. Bulldozer
      1. 2.7.1. Global Bulldozer Mining Tire Market, 2016-2026 (USD Million)
  3. CHAPTER 3. Mining Tire market – Demand Analysis
    1. 3.1. Global Mining Tire Market – Demand Overview
    2. 3.2. Global Mining Tire Market Share, by Demand , 2018 & 2025 (USD Million)
    3. 3.3. OEM
      1. 3.3.1. Global OEM Mining Tire Market, 2016-2026 (USD Million)
    4. 3.4. Replacement
      1. 3.4.1. Global Replacement Mining Tire Market, 2016-2026 (USD Million)
  4. CHAPTER 4. Mining Tire market – Regional Analysis
    1. 4.1. Global Mining Tire Market Regional Overview
    2. 4.2. Global Mining Tire Market Share, by Region, 2018 & 2025 (Value)
    3. 4.3. North America
      1. 4.3.1. North America Mining Tire Market size and forecast, 2016-2026
      2. 4.3.2. North America Mining Tire Market, by Country, 2018 & 2025 (USD Million)
      3. 4.3.3. North America Mining Tire Market, by Vehicle Type, 2016-2026
        1. 4.3.3.1. North America Mining Tire Market, by Vehicle Type, 2016-2026 (USD Million)
      4. 4.3.4. North America Mining Tire Market, by Demand , 2016-2026
        1. 4.3.4.1. North America Mining Tire Market, by Demand , 2016-2026 (USD Million)
      5. 4.3.5. U.S.
        1. 4.3.5.1. U.S. Market size and forecast, 2016-2026 (USD Million)
      6. 4.3.6. Canada
        1. 4.3.6.1. Canada Market size and forecast, 2016-2026 (USD Million)
    4. 4.4. Europe
      1. 4.4.1. Europe Mining Tire Market size and forecast, 2016-2026
      2. 4.4.2. Europe Mining Tire Market, by Country, 2018 & 2025 (USD Million)
      3. 4.4.3. Europe Mining Tire Market, by Vehicle Type, 2016-2026
        1. 4.4.3.1. Europe Mining Tire Market, by Vehicle Type, 2016-2026 (USD Million)
      4. 4.4.4. Europe Mining Tire Market, by Demand , 2016-2026
        1. 4.4.4.1. Europe Mining Tire Market, by Demand , 2016-2026 (USD Million)
      5. 4.4.5. Germany
        1. 4.4.5.1. Germany Market size and forecast, 2016-2026 (USD Million)
      6. 4.4.6. France
        1. 4.4.6.1. France Market size and forecast, 2016-2026 (USD Million)
      7. 4.4.7. U.K.
        1. 4.4.7.1. U.K. Market size and forecast, 2016-2026 (USD Million)
      8. 4.4.8. Italy
        1. 4.4.8.1. Italy Market size and forecast, 2016-2026 (USD Million)
      9. 4.4.9. Spain
        1. 4.4.9.1. Spain Market size and forecast, 2016-2026 (USD Million)
      10. 4.4.10. Rest of Europe
        1. 4.4.10.1. Rest of Europe Market size and forecast, 2016-2026 (USD Million)
    5. 4.5. Asia Pacific
      1. 4.5.1. Asia Pacific Mining Tire Market size and forecast, 2016-2026
      2. 4.5.2. Asia Pacific Mining Tire Market, by Country, 2018 & 2025 (USD Million)
      3. 4.5.3. Asia Pacific Mining Tire Market, by Vehicle Type, 2016-2026
        1. 4.5.3.1. Asia Pacific Mining Tire Market, by Vehicle Type, 2016-2026 (USD Million)
      4. 4.5.4. Asia Pacific Mining Tire Market, by Demand , 2016-2026
        1. 4.5.4.1. Asia Pacific Mining Tire Market, by Demand , 2016-2026 (USD Million)
      5. 4.5.5. China
        1. 4.5.5.1. China Market size and forecast, 2016-2026 (USD Million)
      6. 4.5.6. Japan
        1. 4.5.6.1. Japan Market size and forecast, 2016-2026 (USD Million)
      7. 4.5.7. India
        1. 4.5.7.1. India Market size and forecast, 2016-2026 (USD Million)
      8. 4.5.8. South Korea
        1. 4.5.8.1. South Korea Market size and forecast, 2016-2026 (USD Million)
      9. 4.5.9. South-East Asia
        1. 4.5.9.1. South-East Asia Market size and forecast, 2016-2026 (USD Million)
      10. 4.5.10. Rest of Asia Pacific
        1. 4.5.10.1. Rest of Asia Pacific Market size and forecast, 2016-2026 (USD Million)
    6. 4.6. Latin America
      1. 4.6.1. Latin America Mining Tire Market size and forecast, 2016-2026
      2. 4.6.2. Latin America Mining Tire Market, by Country, 2018 & 2025 (USD Million)
      3. 4.6.3. Latin America Mining Tire Market, by Vehicle Type, 2016-2026
        1. 4.6.3.1. Latin America Mining Tire Market, by Vehicle Type, 2016-2026 (USD Million)
      4. 4.6.4. Latin America Mining Tire Market, by Demand , 2016-2026
        1. 4.6.4.1. Latin America Mining Tire Market, by Demand , 2016-2026 (USD Million)
      5. 4.6.5. Brazil
        1. 4.6.5.1. Brazil Market size and forecast, 2016-2026 (USD Million)
      6. 4.6.6. Mexico
        1. 4.6.6.1. Mexico Market size and forecast, 2016-2026 (USD Million)
      7. 4.6.7. Rest of Latin America
        1. 4.6.7.1. Rest of Latin America Market size and forecast, 2016-2026 (USD Million)
    7. 4.7. The Middle-East and Africa
      1. 4.7.1. The Middle-East and Africa Mining Tire Market size and forecast, 2016-2026
      2. 4.7.2. The Middle-East and Africa Mining Tire Market, by Country, 2018 & 2025 (USD Million)
      3. 4.7.3. The Middle-East and Africa Mining Tire Market, by Vehicle Type, 2016-2026
        1. 4.7.3.1. The Middle-East and Africa Mining Tire Market, by Vehicle Type, 2016-2026 (USD Million)
      4. 4.7.4. The Middle-East and Africa Mining Tire Market, by Demand , 2016-2026
        1. 4.7.4.1. The Middle-East and Africa Mining Tire Market, by Demand , 2016-2026 (USD Million)
      5. 4.7.5. GCC Countries
        1. 4.7.5.1. GCC Countries Market size and forecast, 2016-2026 (USD Million)
      6. 4.7.6. South Africa
        1. 4.7.6.1. South Africa Market size and forecast, 2016-2026 (USD Million)
      7. 4.7.7. Rest of Middle-East Africa
        1. 4.7.7.1. Rest of Middle-East Africa Market size and forecast, 2016-2026 (USD Million)
  5. CHAPTER 5. Mining Tire market – Competitive Landscape
    1. 5.1. Competitor Market Share – Revenue
    2. 5.2. Market Concentration Rate Analysis, Top 3 and Top 5 Players
    3. 5.3. Strategic Development
      1. 5.3.1. Acquisitions and Mergers
      2. 5.3.2. New Products
      3. 5.3.3. Research & Development Activities
  6. CHAPTER 6. Company Profiles
    1. 6.1. Apollo Tyres Ltd.
      1. 6.1.1. Company Overview
      2. 6.1.2. Apollo Tyres Ltd. Revenue and Gross Margin
      3. 6.1.3. Product portfolio
      4. 6.1.4. Recent initiatives
    2. 6.2. Sumitomo Rubber Industries, Ltd.
      1. 6.2.1. Company Overview
      2. 6.2.2. Sumitomo Rubber Industries, Ltd. Revenue and Gross Margin
      3. 6.2.3. Product portfolio
      4. 6.2.4. Recent initiatives
    3. 6.3. Balakrishnan Industries Limited
      1. 6.3.1. Company Overview
      2. 6.3.2. Balakrishnan Industries Limited Revenue and Gross Margin
      3. 6.3.3. Product portfolio
      4. 6.3.4. Recent initiatives
    4. 6.4. Michelin
      1. 6.4.1. Company Overview
      2. 6.4.2. Michelin Revenue and Gross Margin
      3. 6.4.3. Product portfolio
      4. 6.4.4. Recent initiatives
    5. 6.5. Bridgestone Corporation
      1. 6.5.1. Company Overview
      2. 6.5.2. Bridgestone Corporation Revenue and Gross Margin
      3. 6.5.3. Product portfolio
      4. 6.5.4. Recent initiatives
    6. 6.6. The Goodyear Tire & Rubber Company
      1. 6.6.1. Company Overview
      2. 6.6.2. The Goodyear Tire & Rubber Company Revenue and Gross Margin
      3. 6.6.3. Product portfolio
      4. 6.6.4. Recent initiatives
    7. 6.7. The Yokohama Rubber Co., Ltd.,
      1. 6.7.1. Company Overview
      2. 6.7.2. The Yokohama Rubber Co., Ltd., Revenue and Gross Margin
      3. 6.7.3. Product portfolio
      4. 6.7.4. Recent initiatives
    8. 6.8. Toyo Tire & Rubber Company,
      1. 6.8.1. Company Overview
      2. 6.8.2. Toyo Tire & Rubber Company, Revenue and Gross Margin
      3. 6.8.3. Product portfolio
      4. 6.8.4. Recent initiatives
    9. 6.9. Triangle Tyre Co. Ltd.
      1. 6.9.1. Company Overview
      2. 6.9.2. Triangle Tyre Co. Ltd. Revenue and Gross Margin
      3. 6.9.3. Product portfolio
      4. 6.9.4. Recent initiatives
    10. 6.10. Titan Tire Corporation
      1. 6.10.1. Company Overview
      2. 6.10.2. Titan Tire Corporation Revenue and Gross Margin
      3. 6.10.3. Product portfolio
      4. 6.10.4. Recent initiatives
  7. CHAPTER 7. Mining Tire — Industry Analysis
    1. 7.1. Mining Tire Market – Key Trends
      1. 7.1.1. Market Drivers
      2. 7.1.2. Market Restraints
      3. 7.1.3. Market Opportunities
    2. 7.2. Value Chain Analysis
    3. 7.3. Technology Roadmap and Timeline
    4. 7.4. Mining Tire Market – Attractiveness Analysis
      1. 7.4.1. By Vehicle Type
      2. 7.4.2. By Demand
      3. 7.4.3. By Region
  8. CHAPTER 8. Marketing Strategy Analysis, Distributors
    1. 8.1. Marketing Channel
    2. 8.2. Direct Marketing
    3. 8.3. Indirect Marketing
    4. 8.4. Marketing Channel Development Trend
    5. 8.5. Economic/Political Environmental Change
  9. CHAPTER 9. Report Conclusion
  10. CHAPTER 10. Research Approach & Methodology
    1. 10.1. Report Description
    2. 10.2. Research Scope
    3. 10.3. Research Methodology
      1. 10.3.1. Secondary Research
      2. 10.3.2. Primary Research
      3. 10.3.3. Models
        1. 10.3.3.1. Company Share Analysis Model
        2. 10.3.3.2. Revenue Based Modeling
        3. 10.3.3.3. Research Limitations

        List of Figures

        FIG. 1 Global Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 2 Global Mining Tire  Market Share, by Vehicle Type, 2018 & 2025 (USD Million)
        FIG. 3 Global Dump Truck Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 4 Global Wheel Loader Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 5 Global Backhoe Loader Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 6 Global Motor Grader Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 7 Global Bulldozer Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 8 Global Mining Tire  Market Share, by Demand , 2018 & 2025 (USD Million)
        FIG. 9 Global OEM  Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 10 Global Replacement Mining Tire  Market, 2016-2026 (USD Million)
        FIG. 11 Global Mining Tire  Market Share, by Region, 2018 & 2025
        FIG. 12 North America Mining Tire  Market, 2016-2026
        FIG. 13 U.S. Mining Tire  Market, 2016-2026
        FIG. 14 Canada Mining Tire  Market, 2016-2026
        FIG. 15 Europe Mining Tire  Market, 2016-2026
        FIG. 16 Germany Mining Tire  Market, 2016-2026
        FIG. 17 France Mining Tire  Market, 2016-2026
        FIG. 18 U.K. Mining Tire  Market, 2016-2026
        FIG. 19 Italy Mining Tire  Market, 2016-2026
        FIG. 20 Spain Mining Tire  Market, 2016-2026
        FIG. 21 Rest of Europe Mining Tire  Market, 2016-2026
        FIG. 22 Asia Pacific Mining Tire  Market, 2016-2026
        FIG. 23 China Mining Tire  Market, 2016-2026
        FIG. 24 Japan Mining Tire  Market, 2016-2026
        FIG. 25 India Mining Tire  Market, 2016-2026
        FIG. 26 South  Korea Mining Tire  Market, 2016-2026
        FIG. 27 South-East Asia Mining Tire  Market, 2016-2026
        FIG. 28 Rest of Asia Pacific Mining Tire  Market, 2016-2026
        FIG. 29 Latin America Mining Tire  Market, 2016-2026
        FIG. 30 Brazil Mining Tire  Market, 2016-2026
        FIG. 31 Mexico Mining Tire  Market, 2016-2026
        FIG. 32 Rest of Latin America Mining Tire  Market, 2016-2026
        FIG. 33 The Middle-East and Africa Mining Tire  Market, 2016-2026
        FIG. 34 GCC Countries Mining Tire  Market, 2016-2026
        FIG. 35 South Africa Mining Tire  Market, 2016-2026
        FIG. 36 Rest of Middle-East Africa Mining Tire  Market, 2016-2026
        FIG. 37 Competitor Market Share – Revenue
        FIG. 38 Apollo Tyres Ltd. Revenue and Growth Rate
        FIG. 39 Apollo Tyres Ltd. Market Share
        FIG. 40 Sumitomo Rubber Industries, Ltd. Revenue and Growth Rate
        FIG. 41 Sumitomo Rubber Industries, Ltd. Market Share
        FIG. 42 Balakrishnan Industries Limited Revenue and Growth Rate
        FIG. 43 Balakrishnan Industries Limited Market Share
        FIG. 44 Michelin Revenue and Growth Rate
        FIG. 45 Michelin Market Share
        FIG. 46 Bridgestone Corporation Revenue and Growth Rate
        FIG. 47 Bridgestone Corporation Market Share
        FIG. 48 The Goodyear Tire & Rubber Company Revenue and Growth Rate
        FIG. 49 The Goodyear Tire & Rubber Company Market Share
        FIG. 50 The Yokohama Rubber Co., Ltd., Revenue and Growth Rate
        FIG. 51 The Yokohama Rubber Co., Ltd., Market Share
        FIG. 52 Toyo Tire & Rubber Company, Revenue and Growth Rate
        FIG. 53 Toyo Tire & Rubber Company, Market Share
        FIG. 54 Triangle Tyre Co. Ltd. Revenue and Growth Rate
        FIG. 55 Triangle Tyre Co. Ltd. Market Share
        FIG. 56 Titan Tire Corporation Revenue and Growth Rate
        FIG. 57 Titan Tire Corporation Market Share
        FIG. 58 Market Dynamics
        FIG. 59 Global Mining Tire  – Value Chain Analysis
        FIG. 60 Technology Roadmap and Timeline
        FIG. 61 Market Attractiveness Analysis – By Vehicle Type
        FIG. 62 Market Attractiveness Analysis – By Demand
        FIG. 63 Market Attractiveness Analysis – By Region
        FIG. 64 Market Channel
        FIG. 65 Marketing Channel Development Trend
        FIG. 66 Growth in World Gross Product, 2008-2018

        List of Tables

        TABLE 1 Global Mining Tire  Market, 2018 & 2025 (USD Million)
        TABLE 2 Global Mining Tire  market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 3 Global Mining Tire  market, by Demand , 2016-2026 (USD Million)
        TABLE 4 Global Mining Tire  market, by Region, 2016-2026 (USD Million)
        TABLE 5 North America Mining Tire  Market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 6 North America Mining Tire  Market, by Demand , 2016-2026 (USD Million)
        TABLE 7 Europe Mining Tire  Market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 8 Europe Mining Tire  Market, by Demand , 2016-2026 (USD Million)
        TABLE 9 Asia Pacific Mining Tire  Market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 10 Asia Pacific Mining Tire  Market, by Demand , 2016-2026 (USD Million)
        TABLE 11 Latin America Mining Tire  Market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 12 Latin America Mining Tire  Market, by Demand , 2016-2026 (USD Million)
        TABLE 13 The Middle-East and Africa Mining Tire  Market, by Vehicle Type, 2016-2026 (USD Million)
        TABLE 14 The Middle-East and Africa Mining Tire  Market, by Demand , 2016-2026 (USD Million)
        TABLE 15 Global Mining Tire  Market - Company Revenue Analysis 2016-2019 (USD Million)
        TABLE 16 Global Mining Tire  Market - Company Revenue Share Analysis 2016-2019(%)
        TABLE 17 Acquisitions and Mergers
        TABLE 18 New Product/Service Launch
        TABLE 19 Research & Development Activities
        TABLE 20 Market Drivers
        TABLE 21 Market Restraints
        TABLE 22 Market Opportunities
        

Key Insights from Primary Research

  • Our primary respondents believe the market to witness a steady growth of 5% over the forecast period on account of rising awareness towards standard cosmetics and skin care products around the globe.
  • Some of the CXOs predict the Dump Trucks segment to maintain its dominance throughout 2026 due to increase increased use of these trucks in mining and construction sectors. Furthermore, the manufacturers operating in this market are partnering with local and domestic players to increase their goodwill in the ever competitive market ecosystem.
  • Some of the industry experts interviewed in Asia Pacific revealed that the OEM segment in Mining Tire is expected to generate considerable revenues for the Mining Tire industry.
  • Regionally, North America region is expected to contribute largely to the global Mining Tire market. Some of the interviewees said that their future plans are to focus majorly innovating in features of Mining Tire application areas. The manufacturers operating in countries such as the U.S. and Canada are expected to create higher adoption opportunities for Mining Tire market.
  • The information & technology subject matter experts suggest investing in R&D activities to come up with newer, economic and more efficient Mining Tire. They believe advanced technology in energy and power industry will witness widespread acceptance across the value chain of Mining Tire market.

Key Recommendations from Analysts

  • Our analysts recommend focusing on the North America Mining Tire market since their calculations revealed that this region turned out to be the top investment pocket across the globe owing to greater opportunities in countries such as the U.S. and Canada.
  • The major reason behind the up surge growth and lucrative opportunities underlying in this region is the adoption of Mining Tire by the construction and mining sites across the countries of North America.
  • Asia Pacific on the other hand, is expected to foresee a robust growth of across the forecasted time span. This is majorly attributed to rising manufacturing sector in emerging countries of APAC.
  • The strategic mergers and acquisitions by key industry players and high demand across end-use industries is anticipated to fuel the market growth
  • To compete effectively, companies are offering higher compensations and other benefits to the employees and offering unique features to capture market share in this market.

Mining Tire – Cost Structure

Industry Major Market Players

Apollo Tyres Ltd.
Sumitomo Rubber Industries Ltd.
Balakrishnan Industries Limited
Michelin
Bridgestone Corporation
The Goodyear Tire & Rubber Company
The Yokohama Rubber Co. Ltd.
Toyo Tire & Rubber Company
Triangle Tyre Co. Ltd.
Titan Tire Corporation
JK Tyre
Double Coin Holdings 

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