Global Automotive Studless Tire Market is expected to reach US$ 8.13 Bn. by 2029, at a CAGR of 5.9% during the forecast period.Global Automotive Studless Tire Market: Overview
Automotive Studless Tire are used and designed to provide proper traction when the vehicle is driving on wet, snowy, and icy road condition. It is difficult to maintain traction on snowy road during winter which may lead to road accidents, so Studless tires come into work which provides better traction using their better trade design.Rubber compound and rubber manufacturing technology is developing, this tire maintains their flexibility in freezing condition.To know about the Research Methodology :- Request Free Sample Report
Global Automotive Studless Tire Market: Key Drivers
Increasing demand for road safety and ease in driving of vehicle is related to the condition of tire which is expected to drive Global Automotive Studless Tire Market. Automakers are adopting new vehicle standards which is expected to increase demand for Automotive Studless Tire Market. Increased tire traction increases braking efficiency and vehicle can easily take turns and so less effort will be required to drive vehicle. Increasing demand for vehicle all over the world and increasing customer count are driving the growth of Global Market. This studded tire usage is banned in several regions due to their high level of duct emission, thus it will increase demand for Global Market. Snowy and slippery road condition increases the fuel consumption of vehicle by 15% as compared to normal road surface.Global Automotive Studless Tire Market: Competition Landscape
Global Market has a large presence over the automotive among key players operating in the snowy regions. Key manufacturers of Automotive Studless Tire are developing new technologies to reduce time and cost to incorporate this tire in vehicle to ensure more safety. Detailed analysis of competition, strategic alliances, new entrants, mergers and acquisition in the Global Market is covered in the report. The report covers the market leaders and followers in the industry with the market dynamics by region.Global Automotive Studless Tire Market: Vehicle Type
By vehicle type, Global Market is segmented into two type Passenger Vehicle and Commercial vehicle. Passenger Vehicle segment dominates over all segment of vehicle. Passenger Vehicle has more adoption rate of Studless tire than commercial vehicle.Global Automotive Studless Tire Market: Regional Overview
Global Market is segmented into regions Asia Pacific, North America, Europe, South America, and Middle East & Africa. European region is the significant market for market followed by North America. In North American region, Canada have the highest demand for Studless tire, and it is expected to remain a major market in the forecasted period. In Asia Pacific region, China is an emerging market for Studless tires market as major manufacturers are operating in the region. The report also helps in understanding Automotive Studless Tire Market dynamics, structure by analyzing the market segments and projects Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.Scope of the Global Automotive Studless Tire Market: Inquire before buying
Global Automotive Studless Tire Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.44 Bn. Forecast Period 2023 to 2029 CAGR: 5.9% Market Size in 2029: US $ 8.13 Bn. Segments Covered: by Supply Chain OEM Aftermarket by End User Passenger Vehicles Commercial Vehicles Automotive Studless Tire Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Automotive Studless Tire Market, by Region
1. Bridgestone Corporation 2. Nokian Tires Plc 3. Continental Tires LLC 4. Goodyear Tire & Rubber Company 5. Hankook Tire Co. Ltd 6. Cooper Tire & Rubber Company 7. Pirelli & C S.p.A 8. Yokohama Rubber Co. Ltd 9. Apollo Tires Ltd 10. Michelin Tires 11. Dunlop Tires 12. NEXEN TIRE Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 2.9% during forecasting period 2023-2029. 3. What is scope of the Global Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Market? Ans: The important key players in the Global Market are – Bridgestone Corporation, Nokian Tires Plc, Continental Tires LLC, Goodyear Tire & Rubber Company, Hankook Tire Co. Ltd, Cooper Tire & Rubber Company, Pirelli & C S.p.A, Yokohama Rubber Co. Ltd, Apollo Tires Ltd, Michelin Tires, Dunlop Tires, NEXEN TIRE. 5. What is the study period of this Market? Ans: The Global Market is studied from 2022 to 2029.
Global Automotive Studless Tire Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Automotive Studless Tire Market Size, by Market Value (US$ Mn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Supply Chain 5. Supply Side and Demand Side Indicators 6. Automotive Studless Tire Market Analysis and Forecast 6.1. Automotive Studless Tire Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Automotive Studless Tire Market Analysis and Forecast, By End User 7.1. Introduction and Definition 7.2. Key Findings 7.3. Automotive Studless Tire Market Value Share Analysis, By End User 7.4. Automotive Studless Tire Market Size (US$ Mn) Forecast, By End User 7.5. Automotive Studless Tire Market Analysis, By End User 7.6. Automotive Studless Tire Market Attractiveness Analysis, By End User 8. Automotive Studless Tire Market Analysis and Forecast, By Supply Chain 8.1. Introduction and Definition 8.2. Key Findings 8.3. Automotive Studless Tire Market Value Share Analysis, By Supply Chain 8.4. Automotive Studless Tire Market Size (US$ Mn) Forecast, By Supply Chain 8.5. Automotive Studless Tire Market Analysis, By Supply Chain 8.6. Automotive Studless Tire Market Attractiveness Analysis, By Supply Chain 9. Automotive Studless Tire Market Analysis, by Region 9.1. Automotive Studless Tire Market Value Share Analysis, by Region 9.2. Automotive Studless Tire Market Size (US$ Mn) Forecast, by Region 9.3. Automotive Studless Tire Market Attractiveness Analysis, by Region 10. North America Automotive Studless Tire Market Analysis 10.1. Key Findings 10.2. North America Automotive Studless Tire Market Overview 10.3. North America Automotive Studless Tire Market Value Share Analysis, By End User 10.4. North America Automotive Studless Tire Market Forecast, By End User 10.4.1. Passenger Vehicles 10.4.2. Commercial Vehicles 10.5. North America Automotive Studless Tire Market Value Share Analysis, By Supply Chain 10.6. North America Automotive Studless Tire Market Forecast, By Supply Chain 10.6.1. OEM 10.6.2. Aftermarket 10.7. North America Automotive Studless Tire Market Value Share Analysis, by Country 10.8. North America Automotive Studless Tire Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Automotive Studless Tire Market Analysis, by Country 10.10. U.S. Automotive Studless Tire Market Forecast, By End User 10.10.1. Passenger Vehicles 10.10.2. Commercial Vehicles 10.11. U.S. Automotive Studless Tire Market Forecast, By Supply Chain 10.11.1. OEM 10.11.2. Aftermarket 10.12. Canada Automotive Studless Tire Market Forecast, By End User 10.12.1. Passenger Vehicles 10.12.2. Commercial Vehicles 10.13. Canada Automotive Studless Tire Market Forecast, By Supply Chain 10.13.1. OEM 10.13.2. Aftermarket 10.14. North America Automotive Studless Tire Market Attractiveness Analysis 10.14.1. By End User 10.14.2. By Supply Chain 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Automotive Studless Tire Market Analysis 11.1. Key Findings 11.2. Europe Automotive Studless Tire Market Overview 11.3. Europe Automotive Studless Tire Market Value Share Analysis, By End User 11.4. Europe Automotive Studless Tire Market Forecast, By End User 11.4.1. Passenger Vehicles 11.4.2. Commercial Vehicles 11.5. Europe Automotive Studless Tire Market Value Share Analysis, By Supply Chain 11.6. Europe Automotive Studless Tire Market Forecast, By Supply Chain 11.6.1. OEM 11.6.2. Aftermarket 11.7. Europe Automotive Studless Tire Market Value Share Analysis, by Country 11.8. Europe Automotive Studless Tire Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. Rest of Europe 11.9. Europe Automotive Studless Tire Market Analysis, by Country 11.10. Germany Automotive Studless Tire Market Forecast, By End User 11.10.1. Passenger Vehicles 11.10.2. Commercial Vehicles 11.11. Germany Automotive Studless Tire Market Forecast, By Supply Chain 11.11.1. OEM 11.11.2. Aftermarket 11.12. U.K. Automotive Studless Tire Market Forecast, By End User 11.12.1. Passenger Vehicles 11.12.2. Commercial Vehicles 11.13. U.K. Automotive Studless Tire Market Forecast, By Supply Chain 11.13.1. OEM 11.13.2. Aftermarket 11.14. France Automotive Studless Tire Market Forecast, By End User 11.14.1. Passenger Vehicles 11.14.2. Commercial Vehicles 11.15. France Automotive Studless Tire Market Forecast, By Supply Chain 11.15.1. OEM 11.15.2. Aftermarket 11.16. Italy Automotive Studless Tire Market Forecast, By End User 11.16.1. Passenger Vehicles 11.16.2. Commercial Vehicles 11.17. Italy Automotive Studless Tire Market Forecast, By Supply Chain 11.17.1. OEM 11.17.2. Aftermarket 11.18. Spain Automotive Studless Tire Market Forecast, By End User 11.18.1. Passenger Vehicles 11.18.2. Commercial Vehicles 11.19. Spain Automotive Studless Tire Market Forecast, By Supply Chain 11.19.1. OEM 11.19.2. Aftermarket 11.20. Sweden Automotive Studless Tire Market Forecast, By End User 11.20.1. Passenger Vehicles 11.20.2. Commercial Vehicles 11.21. Sweden Automotive Studless Tire Market Forecast, By Supply Chain 11.21.1. OEM 11.21.2. Aftermarket 11.22. Rest of Europe Automotive Studless Tire Market Forecast, By End User 11.22.1. Passenger Vehicles 11.22.2. Commercial Vehicles 11.23. Rest of Europe Automotive Studless Tire Market Forecast, By Supply Chain 11.23.1. OEM 11.23.2. Aftermarket 11.24. Europe Automotive Studless Tire Market Attractiveness Analysis 11.24.1. By End User 11.24.2. By Supply Chain 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Automotive Studless Tire Market Analysis 12.1. Key Findings 12.2. Asia Pacific Automotive Studless Tire Market Overview 12.3. Asia Pacific Automotive Studless Tire Market Value Share Analysis, By End User 12.4. Asia Pacific Automotive Studless Tire Market Forecast, By End User 12.4.1. Passenger Vehicles 12.4.2. Commercial Vehicles 12.5. Asia Pacific Automotive Studless Tire Market Value Share Analysis, By Supply Chain 12.6. Asia Pacific Automotive Studless Tire Market Forecast, By Supply Chain 12.6.1. OEM 12.6.2. Aftermarket 12.7. Asia Pacific Automotive Studless Tire Market Value Share Analysis, by Country 12.8. Asia Pacific Automotive Studless Tire Market Forecast, By Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. ASEAN 12.8.10. Rest of Asia Pacific 12.9. Asia Pacific Automotive Studless Tire Market Analysis, by Country 12.10. China Automotive Studless Tire Market Forecast, By End User 12.10.1. Passenger Vehicles 12.10.2. Commercial Vehicles 12.11. China Automotive Studless Tire Market Forecast, By Supply Chain 12.11.1. OEM 12.11.2. Aftermarket 12.12. India Automotive Studless Tire Market Forecast, By End User 12.12.1. Passenger Vehicles 12.12.2. Commercial Vehicles 12.13. India Automotive Studless Tire Market Forecast, By Supply Chain 12.13.1. OEM 12.13.2. Aftermarket 12.14. Japan Automotive Studless Tire Market Forecast, By End User 12.14.1. Passenger Vehicles 12.14.2. Commercial Vehicles 12.15. Japan Automotive Studless Tire Market Forecast, By Supply Chain 12.15.1. OEM 12.15.2. Aftermarket 12.16. South Korea Automotive Studless Tire Market Forecast, By End User 12.16.1. Passenger Vehicles 12.16.2. Commercial Vehicles 12.17. South Korea Automotive Studless Tire Market Forecast, By Supply Chain 12.17.1. OEM 12.17.2. Aftermarket 12.18. Australia Automotive Studless Tire Market Forecast, By End User 12.18.1. Passenger Vehicles 12.18.2. Commercial Vehicles 12.19. Australia Automotive Studless Tire Market Forecast, By Supply Chain 12.19.1. OEM 12.19.2. Aftermarket 12.20. Indonesia Automotive Studless Tire Market Forecast, By End User 12.20.1. Passenger Vehicles 12.20.2. Commercial Vehicles 12.21. Indonesia Automotive Studless Tire Market Forecast, By Supply Chain 12.21.1. OEM 12.21.2. Aftermarket 12.22. Malaysia Automotive Studless Tire Market Forecast, By End User 12.22.1. Passenger Vehicles 12.22.2. Commercial Vehicles 12.23. Malaysia Automotive Studless Tire Market Forecast, By Supply Chain 12.23.1. OEM 12.23.2. Aftermarket 12.24. Vietnam Automotive Studless Tire Market Forecast, By End User 12.24.1. Passenger Vehicles 12.24.2. Commercial Vehicles 12.25. Vietnam Automotive Studless Tire Market Forecast, By Supply Chain 12.25.1. OEM 12.25.2. Aftermarket 12.26. Rest of Asia Pacific Automotive Studless Tire Market Forecast, By End User 12.26.1. Passenger Vehicles 12.26.2. Commercial Vehicles 12.27. Rest of Asia Pacific Automotive Studless Tire Market Forecast, By Supply Chain 12.27.1. OEM 12.27.2. Aftermarket 12.28. Asia Pacific Automotive Studless Tire Market Attractiveness Analysis 12.28.1. By End User 12.28.2. By Supply Chain 12.29. PEST Analysis 12.30. Key Trends 12.31. Key Developments 13. Middle East & Africa Automotive Studless Tire Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Automotive Studless Tire Market Overview 13.3. Middle East & Africa Automotive Studless Tire Market Value Share Analysis, By End User 13.4. Middle East & Africa Automotive Studless Tire Market Forecast, By End User 13.4.1. Passenger Vehicles 13.4.2. Commercial Vehicles 13.5. Middle East & Africa Automotive Studless Tire Market Value Share Analysis, By Supply Chain 13.6. Middle East & Africa Automotive Studless Tire Market Forecast, By Supply Chain 13.6.1. OEM 13.6.2. Aftermarket 13.7. Middle East & Africa Automotive Studless Tire Market Value Share Analysis, by Country 13.8. Middle East & Africa Automotive Studless Tire Market Forecast, By Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Automotive Studless Tire Market Analysis, by Country 13.10. GCC Automotive Studless Tire Market Forecast, By End User 13.10.1. Passenger Vehicles 13.10.2. Commercial Vehicles 13.11. GCC Automotive Studless Tire Market Forecast, By Supply Chain 13.11.1. OEM 13.11.2. Aftermarket 13.12. South Africa Automotive Studless Tire Market Forecast, By End User 13.12.1. Passenger Vehicles 13.12.2. Commercial Vehicles 13.13. South Africa Automotive Studless Tire Market Forecast, By Supply Chain 13.13.1. OEM 13.13.2. Aftermarket 13.14. Rest of Middle East & Africa Automotive Studless Tire Market Forecast, By End User 13.14.1. Passenger Vehicles 13.14.2. Commercial Vehicles 13.15. Rest of Middle East & Africa Automotive Studless Tire Market Forecast, By Supply Chain 13.15.1. OEM 13.15.2. Aftermarket 13.16. Middle East & Africa Automotive Studless Tire Market Attractiveness Analysis 13.16.1. By End User 13.16.2. By Supply Chain 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Automotive Studless Tire Market Analysis 14.1. Key Findings 14.2. South America Automotive Studless Tire Market Overview 14.3. South America Automotive Studless Tire Market Value Share Analysis, By End User 14.4. South America Automotive Studless Tire Market Forecast, By End User 14.4.1. Passenger Vehicles 14.4.2. Commercial Vehicles 14.5. South America Automotive Studless Tire Market Value Share Analysis, By Supply Chain 14.6. South America Automotive Studless Tire Market Forecast, By Supply Chain 14.6.1. OEM 14.6.2. Aftermarket 14.7. South America Automotive Studless Tire Market Value Share Analysis, by Country 14.8. South America Automotive Studless Tire Market Forecast, By Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Automotive Studless Tire Market Analysis, by Country 14.10. Brazil Automotive Studless Tire Market Forecast, By End User 14.10.1. Passenger Vehicles 14.10.2. Commercial Vehicles 14.11. Brazil Automotive Studless Tire Market Forecast, By Supply Chain 14.11.1. OEM 14.11.2. Aftermarket 14.12. Mexico Automotive Studless Tire Market Forecast, By End User 14.12.1. Passenger Vehicles 14.12.2. Commercial Vehicles 14.13. Mexico Automotive Studless Tire Market Forecast, By Supply Chain 14.13.1. OEM 14.13.2. Aftermarket 14.14. Rest of South America Automotive Studless Tire Market Forecast, By End User 14.14.1. Passenger Vehicles 14.14.2. Commercial Vehicles 14.15. Rest of South America Automotive Studless Tire Market Forecast, By Supply Chain 14.15.1. OEM 14.15.2. Aftermarket 14.16. South America Automotive Studless Tire Market Attractiveness Analysis 14.16.1. By End User 14.16.2. By Supply Chain 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Vehicles, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Bridgestone Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Nokian Tires Plc 15.3.3. Continental Tires LLC 15.3.4. Goodyear Tire & Rubber Company 15.3.5. Hankook Tire Co. Ltd 15.3.6. Cooper Tire & Rubber Company 15.3.7. Pirelli & C S.p.A 15.3.8. Yokohama Rubber Co. Ltd 15.3.9. Apollo Tires Ltd 15.3.10. Michelin Tires 15.3.11. Dunlop Tires 15.3.12. NEXEN TIRE 16. Primary Key Insights