About Dirt Bike Tire
Dirt bike tire market is expected to grow in the future due to rising motocross races and various other competitions across the globe. Dirt bikes tire is designed for off-road use. These tires are specially designed for use on rough surfaces such as dirt roads or trails. Such tires are special and suspension for riding on unpaved roads and over rough terrain. As the popularity of motor race events is increasing, the demand for dirt bike tires has been increasing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dirt Bike Tire is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs and preferences of consumers. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dirt Bike Tire market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Camso (Canada), Michelin ( France), Continental AG (Germany), Trelleborg AB (Sweden), Yokohama Rubber Company (Japan), Advance Tire Wholesale (United States), Pirelli & C. S.p.A. (Italy), Bridgestone Corporation (Japan), Hankook Tire & Technology group (South Korea), Mitas Motorcycle Tires and Tubes (Slovenia) and MotoSport, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Titan (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dirt Bike Tire market by Type (Pneumatic, Solid and Polyurethane) and Region.
On the basis of geography, the market of Dirt Bike Tire has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. OEM will boost the Dirt Bike Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Online will boost the Dirt Bike Tire market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in the Dirt Bike Tire Designs
Market Growth Drivers:
Increasing Motocross Races and Various Other Competitions across the Globe and Rising Disposable Personal Income among Population in Developing Countries
Challenges:
Compatibility of Tires with Motorcycle
Restraints:
High Price of Dirt Bike Tire
Opportunities:
Outgrowing Sponsorships to the Riders and Races by Big Brands and Rising Popularity and Involvement of Women in the Motocross Races in the Asia Pacific
Market Leaders and their expansionary development strategies
In November 2023, NIU Technologies, the world-renowned leader in two-wheeled electric vehicles, is proud to announced the launch of its first-ever electric dirt bike, the NIU XQi3. This contemporary electric vehicle combines the latest technology and sleek design to deliver a thrilling, stylish, and smart urban adventure ride, for those seeking on-road and off-road excitement, and embodying NIU's commitment to excellence, innovation, and sustainability.
In May 2023, Maxxis launched its latest range of motocross tyres, with the and hard terrain Maxxis MX-IH and soft terrain Maxxis MX-SI tyres, developed with input from Jeremy McGrath.
Key Target Audience
Dirt Bike Tire Manufacturers, Dirt Bike Tire Suppliers/Distributors, Raw Material Suppliers, Potential Investors and Automobile Companies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.