Global Intelligent Rubber Track Market Research Report 2021 - Impact of COVID-19 on the Market

Rubber track is a type of circular tape made of rubber and fiber or metal composite materials mounted over the wheels of vehicles to assist the wheel's movement in a condition where wheels are not helpful. It is expected that rubber tracks may be substantial replacement of tires in heavy machineries used in the construction, mining, agriculture and military sectors. The intelligent rubber tracks provide better traction, with high stability, small ground pressure, low vibration, low noise floatation and durability without damaging the road at high speed. Additionally, the braking distance is greatly reduced at slippery surfaces, such as ice, mud, snow and hard surface. It is expected that the top speed of the vehicle may increase by 8–10 km/h when the acceleration is increased by 15–25%, but this phenomenon totally depends on the type of vehicle and soil. Intelligent rubber track is mainly used in dozers, pavers and excavators.
The Intelligent Rubber Track market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Intelligent Rubber Track market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Intelligent Rubber Track Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Intelligent Rubber Track market are:
McLaren Industries Inc.
Chermack Machine Inc.
GRUPPO MINITOP srl
Bridgestone Industrial Products America, Inc.
Suntrac Industrial Co., Ltd.
Artic Investments S.A.
GTW group
Tempo International Inc.
Continental AG
Jiangxi Jinlilong Rubber Track Co., Ltd.

Most important types of Intelligent Rubber Track products covered in this report are:
Triangular Track
Regular Track

Most widely used downstream fields of Intelligent Rubber Track market covered in this report are:
Agricultural Machinery
Industry Machinery
Industrial & Energy plant
Military Machinery
Airport
Municipal & Sports Vehicles
Others

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026