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Russia ATV tire market is projected to grow at a steady CAGR during the forecast period, 2023-2027. The market growth can be attributed to the massive demand for ATV tire from agriculture sector, defense sector, recreation, sports, and mining sector. Also, high-end investments by the market players to manufacture retread tires and the development of electric variant of ATV vehicles is expected to create lucrative growth opportunities for the market players over the next five years. ATV tires are designed to operate effectively under special conditions such as mountaineering and military operations since they are made up of high-performance rubber. Major function of these tires is to provide a flexible cushion to reduce the impact of vibrations and absorb shock for the vehicle. Major tire manufacturing companies are introducing different types of ATV tires for better grip and better driving experience. Rising trend of adventurous sporting and recreational activities in the country is expected to boost the demand for ATV tires. Government rules to support driving ATVs on road and production of safer ATVS are estimated to boost the Russia ATV tire market growth. Moreover, emergence of various national parks and increased government spending to build new off-road trails are boosting adventure sports in the region, creating high demand for ATV tires.Speak directly to the analyst to clarify any post sales queries you may have.
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Russia ATV tire market is segmented into vehicle type, demand category, radial v/s bias, tire size, application, and regional distribution. Based on vehicle type, the market is fragmented into utility ATV, sports ATV & youth ATV. Utility ATV is expected to capture the highest market share in the forecast period, 2023-2027. They are powerful and strong and have a lot of storage space. They can carry small to medium-sized loads and are used in locations where the truck cannot be used to carry out the operations.
Based on application, the market is segmented into entertainment, sports, agriculture, and others. The sports segment is expected to account for a significant market share in the forecast period, 2023-2027. The growing popularity of adventurous sports such as mountain biking is driving the segment demand.
Major players operating in the Russia ATV Tire Market are Carlisle Tire, Maxxis International, Titan International Inc, STI Powersports, Bridgestone Corporation, Goodyear Russia LLC, Zhongce Rubber, TREKOL company, Michelin Russia and CIS, Nokian Tyres PLC, among others.
Objective of the Study:
- To analyze the historical growth and market size of Russia ATV Tire Market from 2017 to 2020.
- To estimate and forecast the market size of Russia ATV Tire Market from 2023 to 2027 and growth rate until 2027.
- To classify and forecast Russia ATV Tire Market based on vehicle type, demand category, radial v/s bias, tire size, application, and regional distribution.
- To identify dominant region or segment in the Russia ATV Tire Market.
- To identify drivers and challenges for Russia ATV Tire Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Russia ATV Tire Market.
- To identify and analyze the profile of leading players operating in Russia ATV Tire Market.
- To identify key sustainable strategies adopted by market players in Russia ATV Tire Market.
The publisher calculated the market size of Russia ATV Tire Market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- ATV tires manufacturers, end users, service providers and other stakeholders
- Distributers and suppliers of ATV tires and services and other stakeholders
- Organizations, forums, and alliances related to biometrics system
- Market research and consulting firms
Report Scope:
In this report, Russia ATV Tire Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:- Market, By Vehicle Type:
- Utility ATV
- Sports ATV
- Youth ATV
- Market, By Demand Category:
- OEM
- Replacement
- Market, By Radial v/s Bias
- Market, By Tire Size:
- 8 Inches
- 12 Inches
- 16 Inches
- Others
- Market, By Application:
- Entertainment
- Sports
- Agriculture
- Others
- Market, By Region:
- Eastern Region
- North-West Region
- North Region
- Siberian Region
- Ural Region
- South Region & Crimean Region
- Volga Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Russia ATV Tire Market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID -19 on Russia ATV Tire Market5. Russia ATV Tire Market Overview11. Market Trends & Developments12. Import Export Analysis13. Policy & Regulatory Landscape14. Russia Economic Profile16. Strategic Recommendations
6. Russia ATV Tire Market Outlook
7. Russia Utility ATV Tire Market Outlook
8. Russia Sports ATV Tire Market Outlook
9. Russia Youth ATV Tire Market Outlook
10. Market Dynamics
15. Competitive Landscape
Companies Mentioned
- Carlisle Tire
- Maxxis International
- Titan International Inc
- STI Powersports
- Bridgestone Corporation
- Goodyear Russia LLC
- Zhongce Rubber
- TREKOL company
- Michelin Russia and CIS
- Nokian Tyres PLC