North America OTR Tire Market (2019-2025) | Size, Share, Analysis, Revenue, Growth, Forecast, Trends, Outlook & Segmentation

Latest 2023 Developments of the North America OTR Tire Market

The North America OTR Tire Market is exponentially rising and the sector will continue to expand in the years to come. Adoption of smart tires in the sector is the most crucial development as it uses sensors to deliver real-time data on tire temperature, and pressure. This technology enables users to monitor the performance of their tires. The rising trend towards environmentally friendly products is another major development happening in the sector. A number of manufacturers use recycled materials for production, decreasing their carbon footprint and are able to maintain market standards for performance and durability. Online sales channels in the sector are becoming popular and consumers look for convenience when they buy OTR tires, which is driving the North America OTR Tire Market growth. 

North America OTR tire market Synopsis

Growing infrastructure projects have resulted in rising demand for construction equipment in the North America region, which in turn has increased the market for OTR tires in the region over the coming years. Additionally, the modernization of mining techniques and the use of advanced equipment in warehouse material handling are some of the key factors driving the North America OTR tire market.

According to 6Wresearch, the North America OTR tire market size is expected to register growth during 2019-2025. The growth is anticipated to be primarily driven by the rising number of construction and infrastructure development projects in the region. Additionally, government initiatives as well as tax incentives for infrastructure and megaprojects in North America are further fueling the demand for OTR tires in the region.

In the overall North American OTR market, the US has generated the majority of the market demand on the back of a growing number of construction equipment, material handling equipment, etc., in the country. Further, the aftermarket is exhibited to register key growth over the next six years.

The North America OTR tire market report thoroughly covers the market by product type, vehicle type, end users, target market and countries including the US, Canada and the rest of North America. The North America OTR tire market outlook report provides an unbiased and detailed analysis of the ongoing North America OTR tire market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Players Operating in the North America OTR Tire Market

The number of industry players is increasing since the competition is getting intense in the market. Some leading players that will continue to lead the market are:

• Bridgestone Americas Inc.
• Goodyear Tire & Rubber Company 
• Titan International Inc.

These players are currently leading the OTR Market in North America and they will continue to lead the market in the future.

Key Highlights of the Report:

• North America OTR Tire Market Overview
• North America OTR Tire Market Outlook
• North America OTR Tire Market Forecast
• Historical Data of North America OTR Tire Market Revenues for the Period 2015-2018
• North America OTR Tire Market Size and North America OTR Tire Market Forecast of Revenues & Volume, Until 2025
• Historical Data of North America OTR Tire Market Revenues & Volume, by Product Type, for the Period 2015-2018
• Market Size & Forecast of North America OTR Tire Market Revenues & Volume, by Product Type, until 2025
• Historical Data of North America OTR Tire Market Revenues & Volume, by Vehicle Type, for the Period 2015-2018
• Market Size & Forecast of North America OTR Tire Market Revenues & Volume, by Vehicle Type, until 2025
• Historical Data of North America OTR Tire Market Revenues & Volume, by End Users, for the Period 2015-2018
• Market Size & Forecast of North America OTR Tire Market Revenues & Volume, by End Users, until 2025
• Historical Data of U.S. OTR Tire Market Revenues & Volume, for the Period 2015-2018.
• Market Size & Forecast of U.S. OTR Tire Market Revenues & Volume, until 2025.
• Historical Data of Canada OTR Tire Market Revenues & Volume, for the Period 2015-2018.
• Market Size & Forecast of Canada OTR Tire Market Revenues & Volume, until 2025.
• Historical Data of Rest of North America OTR Tire Market Revenues & Volume, for the Period 2015-2018.
• Market Size & Forecast of Rest of North America OTR Tire Market Revenues & Volume, until 2025.
• Market Drivers and Restraints
• North America OTR Tire Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• North America OTR Tire Market Forecast and Opportunity Assessment
• North America OTR Tire Market Overview on Competitive Benchmarking
• North America OTR Tire Market Share, By Players
• North America OTR Tire Market Share, By Regions
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The North America OTR tire market report provides a detailed analysis of the following market segments:

By Types:

• Radial Tires
• Bias Tires

By Vehicle Types:

• Loaders
• Dump Truck
• Graders
• Cranes
• Dumpers
• Tractors
• Forklifts
• Others

By End Users:

• Construction
• Industrial
• Mining
• Others

By Countries:

• The U.S.
• Canada
• Rest of North America

North America OTR Tire Market: FAQs