Agricultural Tires Market Size, Demand and Global Outlook 2033

# Agricultural Tires Market Size, Demand and Global Outlook 2033 <h1>Market Overview:</h1> According to IMARC Group's latest research publication, "Agricultural Tires Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global<a href="https://www.imarcgroup.com/agricultural-tires-market"> agricultural tires market size</a> reached USD 8.39 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 12.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.15% during 2025-2033. This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis. <h2>How AI is Reshaping the Future of Agricultural Tires Market</h2> <ul> <li style="font-weight: 400;">AI-powered smart tire technologies enable real-time monitoring of tire pressure, temperature, and load conditions through embedded IoT sensors, reducing equipment downtime by up to 20% through predictive maintenance systems.</li> <li style="font-weight: 400;">Machine learning algorithms analyze usage patterns, wear, and environmental conditions to predict when tires need maintenance or replacement, optimizing farm equipment performance and extending tire lifespan.</li> <li style="font-weight: 400;">AI-enhanced precision farming systems integrate tire pressure monitoring with GPS and sensor technology, allowing farmers to adjust tire inflation from the cab for optimal traction while minimizing soil compaction across diverse terrains.</li> <li style="font-weight: 400;">Smart farm tire manufacturers are leveraging AI to develop tires with self-adjusting capabilities based on real-time field conditions, with over 30% of new tractors now featuring tire pressure monitoring systems as standard equipment.</li> <li style="font-weight: 400;">Autonomous agricultural machinery powered by neural networks and sophisticated AI algorithms requires specialized tire solutions, driving innovation in tire design to support Level 3 autonomy in tractors that can operate independently without human intervention.</li> </ul> Download a sample PDF of this report:<a href="https://www.imarcgroup.com/agricultural-tires-market/requestsample"> https://www.imarcgroup.com/agricultural-tires-market/requestsample</a> <h2>Key Trends in the Agricultural Tires Market</h2> <ul> <li style="font-weight: 400;">Radial Tire Technology Advancement: Modern radial tires with steel-belted construction and IF/VF (Increased/Very High Flexion) technologies now feature in over 50% of new high-horsepower tractor tires. IF tires carry 20% more load at lower pressures, while VF tires handle up to 40% more load, enhancing traction and fuel efficiency across agricultural operations.</li> <li style="font-weight: 400;">Smart Tire Integration with IoT: Agricultural tires embedded with sensors transmit data on tire pressure, temperature, and load to cloud-based platforms, accessible via mobile apps. Central Tire Inflation Systems (CTIS) extend tire life by up to 20% through on-the-fly pressure adjustments, optimizing performance for varying field conditions.</li> <li style="font-weight: 400;">Sustainability and Eco-Friendly Manufacturing: Over 100 new tire models launched globally in 2024 emphasize high-flotation and puncture-resistant designs. At least 20 new models utilize plant-based oils or recycled materials, with Europe selling over 100,000 agricultural tires certified for organic farming, reflecting growing environmental consciousness.</li> <li style="font-weight: 400;">Specialized Application-Focused Designs: Manufacturers are developing tires tailored for specific farming applications - sprayers, row crops, orchards, and winter conditions. Advanced tread designs focus on self-cleaning capabilities and enhanced traction, with products like Bridgestone's VX-R featuring wider tread patterns for superior grip.</li> <li style="font-weight: 400;">Aftermarket Customization Growth: With North America establishing over 3,500 specialized tire dealer locations and India opening 1,200 dedicated agricultural tire fitment centers, the aftermarket segment offers customizable solutions for tractors, harvesters, and specialized machinery, meeting unique operational requirements.</li> </ul> <h2>Growth Factors in the Agricultural Tires Market</h2> <ul> <li style="font-weight: 400;">Rising Agricultural Mechanization: Global tractor sales exceeded 1.7 million units in 2024, with each unit requiring four to six tires. The shift towards mechanized farming to enhance productivity and efficiency, particularly in developing economies, drives consistent demand for high-performance agricultural tires across diverse terrains.</li> <li style="font-weight: 400;">Labor Shortage Pressures: Rural-to-urban migration and rising labor costs compel farmers to invest in advanced agricultural equipment. India witnessed a drop from 158.2 million to 147.9 million agricultural workers (2022-2023), with projections indicating a 25.7% decline by 2050, accelerating mechanization and tire demand.</li> <li style="font-weight: 400;">Government Support and Subsidies: India's Macro-Management Scheme provides 25% subsidy on tractors up to 35 PTO HP, while Canada's Agricultural Loans Act offers farmers up to USD 500,000 for equipment purchases. The Canadian government invested USD 860,000 in agricultural innovation programs, boosting machinery adoption.</li> <li style="font-weight: 400;">Precision Farming Integration: The global precision agriculture market reached USD 9.3 billion in 2024 with a 9.66% CAGR projection. Approximately 46% of farms managing medium-to-large acreage have implemented AI-based systems, creating demand for specialized tires that minimize soil compaction and maximize field performance.</li> <li style="font-weight: 400;">Expanding Food Production Demands: FAO projections show feeding 9.1 billion people by 2050 requires raising food production by 70% from 2005/07 levels. With declining per-hectare arable land and increasing disposable incomes driving food consumption, farmers are adopting advanced equipment with durable, efficient tire solutions.</li> </ul> <h2>Leading Companies Operating in the Global Agricultural Tires Industry:</h2> <ul> <li style="font-weight: 400;">Apollo Tyres Limited</li> <li style="font-weight: 400;">Balkrishna Industries Limited (BKT)</li> <li style="font-weight: 400;">Bridgestone Corporation</li> <li style="font-weight: 400;">CEAT Ltd. (RPG Group)</li> <li style="font-weight: 400;">Continental AG</li> <li style="font-weight: 400;">JK Tyre & Industries Ltd.</li> <li style="font-weight: 400;">MRF Limited</li> <li style="font-weight: 400;">Specialty Tires of America Inc.</li> <li style="font-weight: 400;">Sumitomo Rubber Industries Ltd.</li> <li style="font-weight: 400;">TBC Corporation (Michelin)</li> <li style="font-weight: 400;">The Carlstar Group LLC</li> <li style="font-weight: 400;">Titan International Inc.</li> <li style="font-weight: 400;">Trelleborg AB</li> <li style="font-weight: 400;">Yokohama Off-Highway Tires America Inc. (Yokohama Rubber Company)</li> </ul> <h2>Agricultural Tires Market Report Segmentation:</h2> <h3>Breakup By Product:</h3> <ul> <li style="font-weight: 400;">Bias Tires</li> <li style="font-weight: 400;">Radial Tires</li> </ul> Bias tires account for the majority of shares (around 57.6% in 2024) on account of their robust construction, durability, and affordability, making them ideal for heavy-duty agricultural applications on uneven terrains. <h3>Breakup By Application:</h3> <ul> <li style="font-weight: 400;">Tractors</li> <li style="font-weight: 400;">Harvesters</li> <li style="font-weight: 400;">Forestry</li> <li style="font-weight: 400;">Irrigation</li> <li style="font-weight: 400;">Trailers</li> <li style="font-weight: 400;">Others</li> </ul> Tractors dominate the market with around 32.2% of market share in 2024 due to their essential role in performing a wide range of farming tasks such as plowing, tilling, planting, and harvesting, driving consistent demand for high-performance tires. <h3>Breakup By Distribution:</h3> <ul> <li style="font-weight: 400;">OEM</li> <li style="font-weight: 400;">Aftermarket</li> </ul> Aftermarket leads the market with around 32.8% of market share in 2024 due to the continuous need for tire replacements, maintenance, and upgrades to existing agricultural machinery driven by wear and tear. <h3>Breakup By Region:</h3> <ul> <li style="font-weight: 400;">North America (United States, Canada)</li> <li style="font-weight: 400;">Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)</li> <li style="font-weight: 400;">Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)</li> <li style="font-weight: 400;">Latin America (Brazil, Mexico, Others)</li> <li style="font-weight: 400;">Middle East and Africa</li> </ul> North America dominates the market with over 37.1% market share in 2024, driven by extensive agricultural sector, advanced machinery adoption, government subsidies for mechanized farming, and increasing demand for specialized tire solutions across diverse terrains and climatic conditions. <h2>Recent News and Developments in Agricultural Tires Market</h2> <ul> <li style="font-weight: 400;">November 2024: Bridgestone Americas expanded its Firestone Ag tire range with new tractor and trailer lines tailored for modern agricultural needs, focusing on enhanced stability, fuel efficiency, and soil conservation using advanced compounds.</li> <li style="font-weight: 400;">November 2024: Alliance Tire Group (Yokohama Group) launched the AGRI STAR II, incorporating cutting-edge Stratified Layer Technology for advanced tractor requirements, enhancing durability and agricultural efficiency while reducing downtime.</li> <li style="font-weight: 400;">June 2024: TVS Srichakra launched a new range of steel-belted radial agro-industrial tires designed to enhance durability and performance, catering to modern farming machinery demands with advanced traction and wear resistance.</li> <li style="font-weight: 400;">April 2024: Hercules Tire introduced the AG-TRAC F-2, a durable agricultural tire designed for 2WD front tractors, offering flotation, traction, and steering precision to boost productivity across varied farm terrains.</li> <li style="font-weight: 400;">March 2024: Bridgestone Americas introduced an improved Regency Plus bias tire portfolio for Firestone Ag, providing extensive, cost-effective options for various applications including fronts, implements, utility, light construction, and lawn and garden equipment.</li> </ul> Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations. <h2>About Us:</h2> IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. <h2>Contact Us:</h2> IMARC Group 134 N 4th St. Brooklyn, NY 11249, USA Email: sales@imarcgroup.com Tel No:(D) +91 120 433 0800 United States: +1-201-656-2060