Market Overview:
The global automotive snow socks market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive snow socks market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into 13-17 inches tire, 18-21 inches tire and beyond 21 inches tire. On the basis of application, the market has been segmented into passenger vehicles and commercial vehicles. Region wise, North America dominates the global automotive snow socks market followed by Europe owing to high adoption rate for passenger cars in these regions.
Product Definition:
Snow socks are a type of traction device that can be used on a vehicle to provide better traction in snowy or icy conditions. They are typically made of a rubber or fabric material and fit over the driving wheels of the vehicle. Snow socks work by increasing the surface area of the tire that is in contact with the ground, providing more grip and preventing slippage.
13-17 Inches Tire:
13-17 inches tire is a type of winter tires which are designed to provide better traction in snow and ice. The 13-17 inches tire size is commonly used for passenger cars, light truck and SUV models. The demand for 13-17 inches tires is expected to grow at a CAGR of XX% from 2016 to 2024 on account of the rising demand for vehicles in developing countries such as India, China, Brazil and Mexico among others.
18-21 Inches Tire:
18-21 inches tire is the standard size for winter tires and it's also known as snow tire. The 18-21 inches tire is designed to fit specifically on vehicles that are intended to drive on snow or ice. These tires are manufactured with a special tread pattern that provides grip while driving on ice and snow. The use of these tires during the winter season ensures safety, comfort, control, and performance of the vehicle in adverse weather conditions such as heavy snowfall or ice road.
Application Insights:
The passenger vehicles segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing demand for passenger cars as a result of rapid urbanization, rising disposable income and consumer preference for driving comfort. Moreover, stringent government regulations regarding road safety are encouraging automotive manufacturers to deploy snow socks on a large scale in order to improve vehicle handling and control skidding tendency during winters.
Commercial vehicles are expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to growing construction activities across various regions coupled with an increase in number of trucks for transportation services across countries including China, India and Australia due largely their logistics industry being developed at present day rates which is further propelling market growth over forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to stringent government regulations regarding winter tire usage and maintenance, which has resulted in increased sales of snow tires across the region. Moreover, increasing demand for heavy-duty vehicles is also anticipated to drive product demand over the forecast period.
Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 owing its large population base and rapid economic development coupled with rising disposable income levels among consumers driving overall vehicle sales in emerging countries such as India.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising awareness about the benefits of automotive snow socks
- Technological advancements in automotive snow socks manufacturing process
- Growing number of online retailers offering automotive snow socks at competitive prices
- Increasing number of installation centers for automotive snow socks
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Snow Socks Market Research Report
By Type
13-17 Inches Tire, 18-21 Inches Tire, Beyond 21 Inches Tire
By Application
Passenger Vehicles, Commercial Vehicles
By Companies
ISSE, Autosock, atliprime, JSHANMEI, Security Chain, VeMee, Shark Industries, Qoosea, MATCC, ATLI, ISSE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Snow Socks Market Report Segments:
The global Automotive Snow Socks market is segmented on the basis of:
Types
13-17 Inches Tire, 18-21 Inches Tire, Beyond 21 Inches Tire
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicles, Commercial Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ISSE
- Autosock
- atliprime
- JSHANMEI
- Security Chain
- VeMee
- Shark Industries
- Qoosea
- MATCC
- ATLI
- ISSE
Highlights of The Automotive Snow Socks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 13-17 Inches Tire
- 18-21 Inches Tire
- Beyond 21 Inches Tire
- By Application:
- Passenger Vehicles
- Commercial Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Snow Socks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive snow socks are a type of sock designed to keep your feet warm and dry while you're driving in the snow. They're made from a special fabric that wicks moisture away from your feet, and they have extra-thick padding to protect them from bumps and bruises.
Some of the major players in the automotive snow socks market are ISSE, Autosock, atliprime, JSHANMEI, Security Chain, VeMee, Shark Industries, Qoosea, MATCC, ATLI, ISSE.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Snow Socks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Snow Socks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Snow Socks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Snow Socks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Snow Socks Market Size & Forecast, 2018-2028
4.5.1 Automotive Snow Socks Market Size and Y-o-Y Growth
4.5.2 Automotive Snow Socks Market Absolute $ Opportunity
Chapter 5 Global Automotive Snow Socks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Snow Socks Market Size Forecast by Type
5.2.1 13-17 Inches Tire
5.2.2 18-21 Inches Tire
5.2.3 Beyond 21 Inches Tire
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Snow Socks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Snow Socks Market Size Forecast by Applications
6.2.1 Passenger Vehicles
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Snow Socks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Snow Socks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Snow Socks Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Snow Socks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Snow Socks Market Size Forecast by Type
9.6.1 13-17 Inches Tire
9.6.2 18-21 Inches Tire
9.6.3 Beyond 21 Inches Tire
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Snow Socks Market Size Forecast by Applications
9.10.1 Passenger Vehicles
9.10.2 Commercial Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Snow Socks Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Snow Socks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Snow Socks Market Size Forecast by Type
10.6.1 13-17 Inches Tire
10.6.2 18-21 Inches Tire
10.6.3 Beyond 21 Inches Tire
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Snow Socks Market Size Forecast by Applications
10.10.1 Passenger Vehicles
10.10.2 Commercial Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Snow Socks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Snow Socks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Snow Socks Market Size Forecast by Type
11.6.1 13-17 Inches Tire
11.6.2 18-21 Inches Tire
11.6.3 Beyond 21 Inches Tire
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Snow Socks Market Size Forecast by Applications
11.10.1 Passenger Vehicles
11.10.2 Commercial Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Snow Socks Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Snow Socks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Snow Socks Market Size Forecast by Type
12.6.1 13-17 Inches Tire
12.6.2 18-21 Inches Tire
12.6.3 Beyond 21 Inches Tire
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Snow Socks Market Size Forecast by Applications
12.10.1 Passenger Vehicles
12.10.2 Commercial Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Snow Socks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Snow Socks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Snow Socks Market Size Forecast by Type
13.6.1 13-17 Inches Tire
13.6.2 18-21 Inches Tire
13.6.3 Beyond 21 Inches Tire
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Snow Socks Market Size Forecast by Applications
13.10.1 Passenger Vehicles
13.10.2 Commercial Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Snow Socks Market: Competitive Dashboard
14.2 Global Automotive Snow Socks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ISSE
14.3.2 Autosock
14.3.3 atliprime
14.3.4 JSHANMEI
14.3.5 Security Chain
14.3.6 VeMee
14.3.7 Shark Industries
14.3.8 Qoosea
14.3.9 MATCC
14.3.10 ATLI
14.3.11 ISSE
