Snow Tire Market - Forecasts from 2019 to 2025
The snow tire market is expected to grow at a compound annual growth rate of 3.18% over the period 2019 to 2025 to reach a market size of US$6.171 billion by 2025 from US$5.113 billion in 2019. Snow tires are required when the roads are covered with ice, during ice and snow season. Growing concerns for safety and rising vehicles sale in Nordic countries are considered as the driving factor for the growth of the market. Countries that experience cold winters and snow are expected to increase the demand for snow tires. Restriction of the market to the cold regions in the world is considered as the restraining factor for the growth of the market. Moreover, government regulation for the usage of snow tire is also considered as the driving factor for the market.
The Snow Tire Market – Forecasts from 2019 to 2025 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, vehicle type, end user and geography.
The snow tire market has been segmented based on type, vehicle type, end user and geography. By type, the market is segmented as studded tires and studless tires. By vehicle type, market is segmented as commercial vehicles and passenger vehicles. By end-user, the market is segmented as OEM and aftermarket.
Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2025. The global market has been broken down into North America, Europe and Asia Pacific. The report also analyzes 6 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major industry players profiled as part of the report are Continental AG, The Goodyear Tire, The Yokohoma Rubber Co., Ltd, Bridgestone Corporation, Sumitomo Rubber Industries, Ltd. and Nokian Tyres plc among other.
Segmentation
The snow tire market has been analyzed through the following segments:
The Snow Tire Market – Forecasts from 2019 to 2025 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, vehicle type, end user and geography.
The snow tire market has been segmented based on type, vehicle type, end user and geography. By type, the market is segmented as studded tires and studless tires. By vehicle type, market is segmented as commercial vehicles and passenger vehicles. By end-user, the market is segmented as OEM and aftermarket.
Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2025. The global market has been broken down into North America, Europe and Asia Pacific. The report also analyzes 6 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major industry players profiled as part of the report are Continental AG, The Goodyear Tire, The Yokohoma Rubber Co., Ltd, Bridgestone Corporation, Sumitomo Rubber Industries, Ltd. and Nokian Tyres plc among other.
Segmentation
The snow tire market has been analyzed through the following segments:
- By Type
- Studded tires
- Studless tires
- By Vehicle Type
- Commercial vehicles
- Passenger Vehicles
- By End user
- OEM
- After market
- By Geography
- North America
- USA
- Canada
- Europe
- Nordic Counties
- Germany
- Russia
- Others
- Asia Pacific
- China
- Japan
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SNOW TIRE MARKET BY TYPE
5.1. Studded tires
5.2. Studless tires
6. SNOW TIRE MARKET BY VEHICLE TYPE
6.1. Commercial Vehicles
6.2. Passenger Vehicles
7. SNOW TIRE MARKET BY END USER
7.1. OEM
7.2. After market
8. NORTH AMERICA SNOW TIRE MARKET FORECAST AND TRENDS
8.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
8.4. By Country
8.4.1. United States
8.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9. EUROPE SNOW TIRE MARKET FORECAST AND TRENDS
9.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4. By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.2. Russia
9.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.3. Nordic Countries
9.4.3.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.3.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.3.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.4. Others (US$ Million) (units)
10. ASIA PACIFIC SNOW TIRE MARKET FORECAST AND TRENDS
10.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4. By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4.3. Others (US$ Million) (units)(Units)
11. COMPETITIVE INTELLIGENCE
11.1. Competitive Benchmarking and Analysis
11.2. Strategies of Key Players
11.3. Recent Investments and Deals
12. COMPANY PROFILES
12.1. Continental AG
12.2. The Goodyear Tire
12.3. The Yokohoma Rubber Co., Ltd
12.4. Bridgestone Corporation
12.5. Sumitomo Rubber Industries, Ltd
12.6. Nokian Tyres plc
12.7. Hankook Tire
12.8. Nexen Tire Corporation
12.9. Pirelli
12.10. Michelin
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, And Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. SNOW TIRE MARKET BY TYPE
5.1. Studded tires
5.2. Studless tires
6. SNOW TIRE MARKET BY VEHICLE TYPE
6.1. Commercial Vehicles
6.2. Passenger Vehicles
7. SNOW TIRE MARKET BY END USER
7.1. OEM
7.2. After market
8. NORTH AMERICA SNOW TIRE MARKET FORECAST AND TRENDS
8.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
8.4. By Country
8.4.1. United States
8.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
8.4.2. Canada
8.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
8.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
8.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9. EUROPE SNOW TIRE MARKET FORECAST AND TRENDS
9.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4. By Country
9.4.1. Germany
9.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.2. Russia
9.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.3. Nordic Countries
9.4.3.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
9.4.3.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
9.4.3.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
9.4.4. Others (US$ Million) (units)
10. ASIA PACIFIC SNOW TIRE MARKET FORECAST AND TRENDS
10.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4. By Country
10.4.1. China
10.4.1.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.4.1.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.4.1.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4.2. Japan
10.4.2.1. Market Size and Forecast, By Type, 2019 to 2025 (US$ Million) (units)
10.4.2.2. Market Size and Forecast, By Vehicle Type, 2019 to 2025 (US$ Million) (units)
10.4.2.3. Market Size and Forecast, By End user, 2019 to 2025 (US$ Million) (units)
10.4.3. Others (US$ Million) (units)(Units)
11. COMPETITIVE INTELLIGENCE
11.1. Competitive Benchmarking and Analysis
11.2. Strategies of Key Players
11.3. Recent Investments and Deals
12. COMPANY PROFILES
12.1. Continental AG
12.2. The Goodyear Tire
12.3. The Yokohoma Rubber Co., Ltd
12.4. Bridgestone Corporation
12.5. Sumitomo Rubber Industries, Ltd
12.6. Nokian Tyres plc
12.7. Hankook Tire
12.8. Nexen Tire Corporation
12.9. Pirelli
12.10. Michelin
