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The All-Weather Tire Market Size was USD 206.2 billion in 2023 and is expected to reach USD 328.20 billion by 2032 and grow at a CAGR of 5.3% by 2024-2032
All-weather tires have become a popular choice for drivers worldwide due to their versatility. Unlike seasonal tires, they can handle a wide range of weather conditions, making them suitable for most regions except those with extreme cold below 7°C. Their primary function goes beyond simple protection for the wheel rim. They provide the crucial grip needed for safe driving on various road surfaces. All-weather tires offer a compelling compromise between summer tires, known for longer tread life, and all-season tires, which excel in both dry and wet conditions. The future of the all-weather tire market looks promising due to several converging factors. Stricter government regulations are mandating clearer tire labelling, allowing consumers to make informed choices about safety features. A growing emphasis on proper vehicle maintenance, including tire care, is driving consumer interest in all-weather tires as a convenient and safe option. The rise of the aftermarket car modification scene, where drivers seek to customize their vehicles with different tires, presents another avenue for market growth.
KEY DRIVERS:
All-weather tires gain popularity as fuel efficiency concerns drives market growth
All-weather tires could benefit from the growing focus on reducing vehicle emissions. Compared to frequent seasonal tire changes, all-weather tires can potentially improve fuel efficiency. This is because they eliminate the rolling resistance associated with switching between summer and winter tires. With consumers becoming more environmentally conscious, the fuel-saving potential of all-weather tires might become a significant selling point, contributing to increased market adoption.
Rising disposable income and a growing automotive sector fuel investment in all-weather tires.
RESTRAINTS:
Higher initial cost of all-weather tires may delay the market growth despite long-term benefits
The all-weather tire market might face the problem due to the high upfront costs associated with these tires. Compared to some all-season options, the initial investment for all-weather tires could be higher. This price difference might deter budget-conscious consumers, potentially hindering broader market expansion. However, the long-term benefits of all-weather tires, such as their versatility and potentially longer tread life, need to be factored in to assess the overall value proposition.
OPPORTUNITIES:
Increasing adoption in Europe due to stricter winter tire regulations and environmental concerns.
Europe's roads are getting safer and greener thanks to a growing trend: winter tires. Stricter laws are mandating their use in many countries, ensuring drivers have better grip on snow and ice. This reduces accidents and keeps everyone on the road happy. They're also more fuel-efficient in cold weather, which helps reduce emissions and combats climate change.
Growing popularity of SUVs and crossover vehicles equipped with larger rim sizes suitable for all-weather tires.
CHALLENGES:
Fluctuations in raw material prices, like oil and synthetic rubber, can impact production costs and market stability.
Stringent winter tire regulations in some regions might limit the market for all-weather tires.
The war in Russia-Ukraine disrupts the all-weather tire market through a supply chain ripple effect. The Russia is a producer which contributes up to 20% of the world's synthetic rubber is facing sanctions and logistical hurdles. This could lead to global shortages of 5-10% and price hikes for rubber by 15-25%, impacting production costs for all-weather tires. Additionally, surging oil prices, another crucial raw material, could further inflate production costs by potentially translating to higher consumer prices of 3-8%. Consumer spending might also shift towards essentials due to economic uncertainty, potentially dampening overall demand in some regions by 5-10%. Areas reliant on winter tires due to harsh conditions might see a rise in all-weather tire demand by 10-15% if winter tire supplies are affected by the conflict, offering a more economical alternative.
An economic slowdown can disrupt the all-weather tire market in several ways. Consumer spending often face problem during economic downturns, with a potential decline of 5-10% in non-essential purchases like tires. This could decrease the overall demand for all-weather tires, particularly in discretionary replacement markets. The businesses might delay fleet maintenance or prioritize retreading existing tires, leading to a further decrease in demand by 3-8%. Economic hardship might make consumers more budget-conscious, leading to a potential rise in demand for all-weather tires by 2-5% as a more cost-effective alternative to purchasing both summer and winter tires. The impact might vary geographically, with established markets likely experiencing a smaller decline compared to newer markets that might see a steeper drop due to their lower overall demand.
By Rim Size:
By Rim Size is the dominating sub-segment in the All-Weather Tire Market by rim size holding around 35-40% of market share due to the increasing popularity of SUVs and crossover vehicles, which typically come equipped with larger rim sizes. These vehicles often prioritize a balance between performance and aesthetics, making all-weather tires a suitable choice. Additionally, the larger sidewalls of 18"-21" tires offer a smoother ride and can provide some additional protection against potholes and road hazards.
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By Sales Channel:
The aftermarket is the dominating sub-segment in the All-Weather Tire Market by sales channel holding around 60-65% of market share. All vehicles come prepared with all-weather tires as standard hardware and consumers might choose to replace their original tires with all-weather alternatives for included comfort and year-round execution. In this way, the aftermarket offers a wider variety of all-weather tire options from distinctive brands and with changing performance characteristics to cater to diverse consumer needs.
By Vehicle Type:
Passenger cars is the dominating sub-segment in the All-Weather Tire Market by vehicle type holding around 55% of market share. This dominance can be attributed to the sheer volume of passenger cars on the road compared to commercial vehicles. The passenger car owners are often more likely to prioritize convenience and year-round performance, making all-weather tires a compelling option.
The North America is the dominating region in the all-weather tire market, holding around 60% of market share. This dominance stems from a strong presence of major automakers pre-equipping vehicles with all-weather tires, diverse weather patterns across the region, and a high level of consumer awareness fostered by marketing and educational campaigns. Europe is the second highest region driven by increasingly stringent winter tire regulations that push drivers towards all-weather alternatives for year-round performance. The environmental consciousness and advancements in all-weather tire technology further fuel European market growth.
The Asia Pacific region emerges as the fastest growing market due to its expanding middle class with rising disposable income, leading to increased vehicle ownership and demand for convenient tire solutions. Improving infrastructure and the lack of strict winter tire regulations further solidify the all-weather tire's appeal in this dynamic region.
KEY PLAYERS:
Continental AG (Germany), CEAT Ltd. (India), Bridgestone Corporation (Japan), Pengda Rubber Product Factory (China), Zhejiang PDW Industrial Co., Ltd. (China), Michelin (France), The Goodyear Tyre & Rubber Company (US), Aliner Automotive Equipment Pvt. Ltd. (India), Pirelli & C. S.p.A. (Italy), Sumitomo Corporation (Japan), Yokohama Tire Corporation (Japan), Nokian Tyres plc (Finland), Hankook Tire & Technology Co., Ltd. (South Korea), Toyo Tire Corporation (Japan), Shandong Tang Ren Import and Export Trading Co., Ltd. (China), Hebei Huichao Machinery Parts Co., Ltd. (China), Jiangxi Deyou Technology Co., Ltd. (China), Trading Company (China), Shandong Juling Group (China), Auto Tool Equipment Solution (India), and Qingdao Keter Tyre Co. Ltd are some of the affluent competitors with significant market share in the All-Weather Tire Market.
In January 2024: Ceat introduces Sportrad and Crossrad, a premium line of steel radial motorcycle tires in India. Sportrad caters to high-performance bikes, excelling in speed and cornering, while Crossrad tackles diverse terrains. Both utilize steel-belted radial construction for superior high-speed handling.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 205.71 Billion |
Market Size by 2032 | US$ 328.20 Billion |
CAGR | CAGR of 5.3% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Drivers | • Rising consumer awareness about vehicle emissions is likely to promote the use of all-weather tires. • A shift in consumer preference toward fuel-efficient transportation technologies. |
RESTRAINTS | • The high cost of initial investments is projected to stifle market expansion. • The growth is likely to be hampered by the replacement of all-weather tires with winter tires for intense winter conditions. |
Major Players in All-Weather Tire Market are Continental AG (Germany), CEAT Ltd. (India), Bridgestone Corporation (Japan), Pengda Rubber Product Factory (China), Zhejiang PDW Industrial Co., Ltd. (China), Michelin (France), The Goodyear Tyre & Rubber Company (US), Aliner Automotive Equipment Pvt. Ltd. (India), Pirelli & C. S.p.A. (Italy), Sumitomo Corporation (Japan), Yokohama Tire Corporation (Japan), Nokian Tyres plc (Finland), Hankook Tire & Technology Co., Ltd., and others in final report.
The market is segmented into three segments, by Rim Size, by Sales Channel, and by Vehicle Type.
Asia-Pacific region is dominating the All-Weather Tire Market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Feature Analysis, 2023
5.2 User Demographics, 2023
5.3 Integration Capabilities, by Software, 2023
5.4 Impact on Decision-making
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. All-Weather Tire Market Segmentation, by Rim Size
7.1 Chapter Overview
7.2 12”-17”
7.2.1 12”-17” Market Trends Analysis (2020-2032)
7.2.2 12”-17” Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3 18”-21”
7.2.3.1 18”-21” Market Trends Analysis (2020-2032)
7.2.3.2 18”-21” Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4 >22”
7.2.4.1 >22” Market Trends Analysis (2020-2032)
7.2.4.2 >22” Market Size Estimates and Forecasts to 2032 (USD Billion)
8. All-Weather Tire Market Segmentation, by Sales Channel
8.1 Chapter Overview
8.2 OEM
8.2.1 OEM Trends Analysis (2020-2032)
8.2.2 OEM Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Aftermarket
8.3.1 Aftermarket Market Trends Analysis (2020-2032)
8.3.2 Aftermarket Market Size Estimates and Forecasts to 2032 (USD Billion)
9. All-Weather Tire Market Segmentation, by Vehicle Type
9.1 Chapter Overview
9.2 Passenger cars
9.2.1 Passenger cars Market Trends Analysis (2020-2032)
9.2.2 Passenger cars Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 LCV
9.3.1 LCV Market Trends Analysis (2020-2032)
9.3.2 LCV Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 HCV
9.4.1 HCV Market Trends Analysis (2020-2032)
9.4.2 HCV Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.2.4 North America All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.2.5 North America All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.2.6.2 USA All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.2.6.3 USA All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.2.7.2 Canada All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.2.7.3 Canada All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.2.8.2 Mexico All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.2.8.3 Mexico All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.6.2 Poland All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.6.3 Poland All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.7.2 Romania All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.7.3 Romania All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.8.2 Hungary All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.8.3 Hungary All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.9.2 Turkey All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.9.3 Turkey All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.4 Western Europe All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.5 Western Europe All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.6.2 Germany All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.6.3 Germany All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.7.2 France All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.7.3 France All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.8.2 UK All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.8.3 UK All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.9.2 Italy All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.9.3 Italy All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.10.2 Spain All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.10.3 Spain All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.13.2 Austria All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.13.3 Austria All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.4 Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.5 Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.6.2 China All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.6.3 China All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.7.2 India All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.7.3 India All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.8.2 Japan All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.8.3 Japan All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.9.2 South Korea All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.9.3 South Korea All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.10.2 Vietnam All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.10.3 Vietnam All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.11.2 Singapore All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.11.3 Singapore All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.12.2 Australia All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.12.3 Australia All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.4 Middle East All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.5 Middle East All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.6.2 UAE All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.6.3 UAE All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.7.2 Egypt All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.7.3 Egypt All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.9.2 Qatar All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.9.3 Qatar All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.2.4 Africa All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.2.5 Africa All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.2.6.2 South Africa All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.2.6.3 South Africa All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America All-Weather Tire Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.6.4 Latin America All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.6.5 Latin America All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.6.6.2 Brazil All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.6.6.3 Brazil All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.6.7.2 Argentina All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.6.7.3 Argentina All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.6.8.2 Colombia All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.6.8.3 Colombia All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America All-Weather Tire Market Estimates and Forecasts, by Rim Size (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America All-Weather Tire Market Estimates and Forecasts, by Sales Channel (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America All-Weather Tire Market Estimates and Forecasts, by Vehicle Type (2020-2032) (USD Billion)
11. Company Profiles
11.1 Continental AG
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
11.1.4 The SNS View
11.2 CEAT Ltd.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products / Services Offered
11.2.4 The SNS View
11.3 Bridgestone Corporation
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products / Services Offered
11.3.4 The SNS View
11.4 Pengda Rubber Product Factory
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products / Services Offered
11.4.4 The SNS View
11.5 Zhejiang PDW Industrial Co., Ltd.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products / Services Offered
11.5.4 The SNS View
11.6 Michelin
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products / Services Offered
11.6.4 The SNS View
11.7 Nokian Tyres plc
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products / Services Offered
11.7.4 The SNS View
11.8 Hankook Tire & Technology Co., Ltd.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products / Services Offered
11.8.4 The SNS View
11.9 Shandong Tang Ren Import and Export Trading Co., Ltd.
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products / Services Offered
11.9.4 The SNS View
11.10 Others
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Products / Services Offered
11.10.4 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. Use Case and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Rim Size:
12”-17”
18”-21”
>22”
By Sales Channel:
OEM
Aftermarket
By Vehicle Type:
Passenger cars
LCV
HCV
Request for Segment Customization as per your Business Requirement: Segment Customization Request
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
The Route Optimization Software Market Size was valued at USD 7.01 Billion in 2023 & will reach USD 23.50 Bn by 2032 & grow at a CAGR of 14.41% by 2024-2032
The Off-highway Brake Oil Aftermarket Market was valued at USD 17.95 billion in 2023 and is expected to reach USD 25.70 billion by 2032, growing at a CAGR of 4.08% over the forecast period 2024-2032.
The Electric Vehicle Charging Infrastructure Market Size was $25.8 billion in 2023 & will reach $199.25 bn by 2032 & grow at a CAGR of 25.5% by 2024-2032
The Shared Mobility Market size was valued at USD 255.96 Billion in 2023 and is expected to reach USD 1167.54 Billion by 2032 and grow at a CAGR of 17.3% over the forecast period 2024-2032.
The Automotive Keyless Entry Systems Market Size was valued at USD 1.98 billion in 2023 and is expected to reach USD 4.78 billion by 2031 and grow at a CAGR of 9.92% over the forecast period 2024-2031.
The Automotive Engineering Service Provider Market Size was valued at USD 166.70 billion in 2023 and is expected to reach USD 355.82 billion by 2032 and grow at a CAGR of 8.79% over the forecast period 2024-2032.
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