Global Studded Winter Tires Market Growth 2024-2030
Studded winter tires are specialized tires designed for enhanced traction and safety in icy and snowy conditions.
The global Studded Winter Tires market size is projected to grow from US$ 1542 million in 2024 to US$ 1693 million in 2030; it is expected to grow at a CAGR of 1.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Studded Winter Tires Industry Forecast” looks at past sales and reviews total world Studded Winter Tires sales in 2023, providing a comprehensive analysis by region and market sector of projected Studded Winter Tires sales for 2024 through 2030. With Studded Winter Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Studded Winter Tires industry.
This Insight Report provides a comprehensive analysis of the global Studded Winter Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Studded Winter Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Studded Winter Tires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Studded Winter Tires and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Studded Winter Tires.
United States market for Studded Winter Tires is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Studded Winter Tires is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Studded Winter Tires is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Studded Winter Tires players cover Bridgestone, Michelin, Continental, Goodyear, Nokian Tyres, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Studded Winter Tires market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Radial Tires
Non-Radial Tires
Segmentation by Application:
Passenger Car
Light Truck
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Bridgestone
Michelin
Continental
Goodyear
Nokian Tyres
Hankook
Nizhnekamskshina
Pirelli
Cooper Tire
Yokohama
Toyo Tire
Kumho Tire
JSC Cordiant
Zhongce
GITI Tire
Triangle
Apollo
Cheng Shin
Nexen Tire
Key Questions Addressed in this Report
What is the 10-year outlook for the global Studded Winter Tires market?
What factors are driving Studded Winter Tires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Studded Winter Tires market opportunities vary by end market size?
How does Studded Winter Tires break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.