Market Overview

Market OverviewTitan Europe designs, develops, manufactures and supplies tracked and wheeled movement systems for mining, construction and agricultural vehicles.

Titan Europe holds a leading position in all of its markets and this is further strengthened by the following factors:

• An absence of alternative products to wheels, tracks, brakes and ground engaging tools.
• The limited number of existing competitive technologies.
• The barriers to entry presented by the high capital cost associated with establishing manufacturing facilities for large wheels and undercarriage components and the patent protection of the giant mining wheels and the brake products.
• The technical complexity in the high volume production process which combines small batch sizes of a wide range of part numbers.