Winter tire market
Winter Tire Market by Type (Studded, and Stud Less), by Vehicle Type (Passenger Vehicles, and Commercial Vehicles), by Sales Channel (OEM and Aftermarket) - Industry Size, Share, Global Trends, Competitive Analysis and Forecast, 2019 to 2025
Winter tires, also called snow tires, are tires which are designed specifically for use on ice and snow. These tires have a tread design with larger gaps as compared to that on summer tires. Such tread designs are employed to increase the traction of winter tires on ice and snow. Snow tires are specifically designed to drive under optimized winter conditions, at a temperature below 7°C (45°F). Further, in order to increase the tire traction on hard packed icy or snowy roads, snow tires come with ceramic or metal studs that protrude from the tire. Winter tires can be operated on various surfaces, including wet or dry pavements, mud, ice, and so on. The design on the tread is mainly incorporated so as to allow penetration into thread, where it gets compact and provide resistance against slippage on such roads.
The global winter tire market is expected to expand at a significant growth rate over the forecast period. The market for a winter tire is mainly driven by seasonal wintery road conditions and lower temperatures in northern countries and regions such as Western and Eastern Europe and North America. These conditions have urged demands for increased driving safety from motorists, insurance companies, and state and central governments. The report analyses the market on the basis of winter tire type, vehicle type, sales channel, and region. On the basis of type, the market is divided into studded and stud less tires. On the basis of vehicle type, the market is classified into passenger vehicles and commercial vehicles. Moreover, on the basis of the sales channel, the report covers OEM and aftermarket.
Geographically, the market is analyzed into North America, Europe, Asia-Pacific, and Rest of the World. Europe is expected to hold a significant market share in the global winter tire market in 2018. This is due to stringent government norms and harsh winters across European countries such as Russia, Germany, and many others. Europe is expected to be followed by North America and Asia-Pacific in terms of revenue generation. Furthermore, the market consists of several market players that are manufacturing and marketing winter tires to cater to the demand for a wide range of customers across the globe. Some of the market players include Michelin Group, The Goodyear Tire & Rubber Co., Continental AG, Pirelli & C. S.p.A., Sumitomo Rubber Industries Ltd., Toyo Tire & Rubber Co., Hankook Tire & Technology Co., Ltd., and Cooper Tire & Rubber Co. among others. All these companies are competing with each other in terms of sales, demands, reliable product development, revenue generation, and also post-sale processes at the global level.
Research Methodology:
The market study of the global winter tire market which is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers and news blogs
- Company websites and their product catalog
The report is intended for winter tire manufacturers, research organizations, insurance companies, government organizations, and third-party suppliers for overall market analysis and competitive analysis. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.
Market Segmentation:
- Global Winter Tire Market Research and Analysis by Type
- Global Winter Tire Market Research and Analysis by Vehicle Type
- Global Winter Tire Market Research and Analysis by Sales Channel
The Report Covers:
- Comprehensive research methodology of the global winter tire
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global winter tire market.
- Insights about market determinants which are stimulating the global winter tire
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. The scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Bridgestone Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. The Goodyear Tire & Rubber Co.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. The Yokohama Rubber Co., Ltd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Continental AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Pirelli & C. S.p.A.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Winter Tire Market by Type
5.1.1. Studded tier
5.1.2. Stud less Tiers
5.2. Global Winter Tire Market by Vehicle Type
5.2.1. Passenger Vehicles
5.2.2. Commercial Vehicles
5.3. Global Winter Tire Market, By Sales Channel
5.3.1. OEM
5.3.2. Aftermarket
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Apollo Tyres Ltd.
7.2. Bridgestone Corp.
7.3. Cheng Shin Rubber Ind Co. Ltd.
7.4. Continental AG
7.5. Cooper Tire & Rubber Co.
7.6. Hankook Tire & Technology Co., Ltd.
7.7. JSC Cordiant
7.8. Michelin Group
7.9. Nexen Tire Corp.
7.10. Nokian Tyres PLC
7.11. Pirelli & C. S.p.A.
7.12. PJSC Nizhnekamskshina
7.13. Sumitomo Rubber Industries Ltd.
7.14. The Goodyear Tire & Rubber Co.
7.15. The Kumho Tire Co.
7.16. The Yokohama Rubber Co. Ltd.
7.17. Toyo Tire & Rubber Co.
7.18. Zhongce Rubber Group Co. Ltd.
1. GLOBAL WINTER TIRE MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL STUDDED WINTER TIRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL STUD LESS WINTER TIRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL WINTER TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
5. GLOBAL WINTER TIRE FOR PASSENGER VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL WINTER TIRE FOR COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL WINTER TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNELS, 2018-2025 ($ MILLION)
8. GLOBAL OEM WINTER TIRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)5
9. GLOBAL AFTERMARKET WINTER TIRE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. NORTH AMERICAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
11. NORTH AMERICAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
12. NORTH AMERICAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
13. NORTH AMERICAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2018-2025 ($ MILLION)
14. EUROPEAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
15. EUROPEAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
16. EUROPEAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
17. EUROPEAN WINTER TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC WINTER TIRE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
19. ASIA-PACIFIC WINTER TIRE MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC WINTER TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC WINTER TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2018-2025 ($ MILLION)
22. REST OF THE WORLD WINTER TIRE MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025($ MILLION)
23. REST OF THE WORLD WINTER TIRE MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2018-2025($ MILLION)
24. REST OF THE WORLD WINTER TIRE MARKET RESEARCH AND ANALYSIS BY SALES CHANNEL, 2018-2025($ MILLION)
1. GLOBAL WINTER TIRE MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL WINTER TIRE MARKET SHARE BY VEHICLE TYPE, 2018 VS 2025 (%)
3. GLOBAL WINTER TIRE MARKET SHARE BY SALES CHANNEL, 2018 VS 2025 (%)
4. US WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
6. UK WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD WINTER TIRE MARKET SIZE, 2018-2025 ($ MILLION)
