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The All-Weather Tire Market Size was valued at USD 205.71 billion in 2023 and is expected to reach USD 342.82 billion by 2031 and grow at a CAGR of 6.92% over the forecast period 2024-2031.
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.
| Report Attributes | Details |
|---|---|
| Market Segmentation | • by Rim Size (12”-17”, 18”-21”, >22”) • by Sales Channel (OEM, Aftermarket) • by Vehicle Type (Passenger cars, LCV, HCV) |
| Regional Analysis | 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 Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | 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 |
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:
12”-17”
18”-21”
>22”
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:
OEM
Aftermarket
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
LCV
HCV
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.
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 Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
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 2031 | US$ 342.82 Billion |
| CAGR | CAGR of 6.6% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| 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
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. All-Weather Tire Market Segmentation, By Rim Size
9.1 Introduction
9.2 Trend Analysis
9.3 12”-17”
9.4 18”-21”
9.5 >22”
10. All-Weather Tire Market Segmentation, By Sales Channel
10.1 Introduction
10.2 Trend Analysis
10.3 OEM
10.4 Aftermarket
11. All-Weather Tire Market Segmentation, By Vehicle Type
11.1 Introduction
11.2 Trend Analysis
11.3 Passenger cars
11.4 LCV
11.5 HCV
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America All-Weather Tire Market Segmentation, By Country
12.2.3 North America All-Weather Tire Market Segmentation, By Rim Size
12.2.4 North America All-Weather Tire Market Segmentation, By Sales Channel
12.2.5 North America All-Weather Tire Market Segmentation, By Vehicle Type
12.2.6 USA
12.2.6.1 USA All-Weather Tire Market Segmentation, By Rim Size
12.2.6.2 USA All-Weather Tire Market Segmentation, By Sales Channel
12.2.6.3 USA All-Weather Tire Market Segmentation, By Vehicle Type
12.2.7 Canada
12.2.7.1 Canada All-Weather Tire Market Segmentation, By Rim Size
12.2.7.2 Canada All-Weather Tire Market Segmentation, By Sales Channel
12.2.7.3 Canada All-Weather Tire Market Segmentation, By Vehicle Type
12.2.8 Mexico
12.2.8.1 Mexico All-Weather Tire Market Segmentation, By Rim Size
12.2.8.2 Mexico All-Weather Tire Market Segmentation, By Sales Channel
12.2.8.3 Mexico All-Weather Tire Market Segmentation, By Vehicle Type
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe All-Weather Tire Market Segmentation, by Country
12.3.2.2 Eastern Europe All-Weather Tire Market Segmentation, By Rim Size
12.3.2.3 Eastern Europe All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.4 Eastern Europe All-Weather Tire Market Segmentation, By Vehicle Type
12.3.2.5 Poland
12.3.2.5.1 Poland All-Weather Tire Market Segmentation, By Rim Size
12.3.2.5.2 Poland All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.5.3 Poland All-Weather Tire Market Segmentation, By Vehicle Type
12.3.2.6 Romania
12.3.2.6.1 Romania All-Weather Tire Market Segmentation, By Rim Size
12.3.2.6.2 Romania All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.6.4 Romania All-Weather Tire Market Segmentation, By Vehicle Type
12.3.2.7 Hungary
12.3.2.7.1 Hungary All-Weather Tire Market Segmentation, By Rim Size
12.3.2.7.2 Hungary All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.7.3 Hungary All-Weather Tire Market Segmentation, By Vehicle Type
12.3.2.8 Turkey
12.3.2.8.1 Turkey All-Weather Tire Market Segmentation, By Rim Size
12.3.2.8.2 Turkey All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.8.3 Turkey All-Weather Tire Market Segmentation, By Vehicle Type
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe All-Weather Tire Market Segmentation, By Rim Size
12.3.2.9.2 Rest of Eastern Europe All-Weather Tire Market Segmentation, By Sales Channel
12.3.2.9.3 Rest of Eastern Europe All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3 Western Europe
12.3.3.1 Western Europe All-Weather Tire Market Segmentation, by Country
12.3.3.2 Western Europe All-Weather Tire Market Segmentation, By Rim Size
12.3.3.3 Western Europe All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.4 Western Europe All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.5 Germany
12.3.3.5.1 Germany All-Weather Tire Market Segmentation, By Rim Size
12.3.3.5.2 Germany All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.5.3 Germany All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.6 France
12.3.3.6.1 France All-Weather Tire Market Segmentation, By Rim Size
12.3.3.6.2 France All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.6.3 France All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.7 UK
12.3.3.7.1 UK All-Weather Tire Market Segmentation, By Rim Size
12.3.3.7.2 UK All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.7.3 UK All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.8 Italy
12.3.3.8.1 Italy All-Weather Tire Market Segmentation, By Rim Size
12.3.3.8.2 Italy All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.8.3 Italy All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.9 Spain
12.3.3.9.1 Spain All-Weather Tire Market Segmentation, By Rim Size
12.3.3.9.2 Spain All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.9.3 Spain All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands All-Weather Tire Market Segmentation, By Rim Size
12.3.3.10.2 Netherlands All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.10.3 Netherlands All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland All-Weather Tire Market Segmentation, By Rim Size
12.3.3.11.2 Switzerland All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.11.3 Switzerland All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.1.12 Austria
12.3.3.12.1 Austria All-Weather Tire Market Segmentation, By Rim Size
12.3.3.12.2 Austria All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.12.3 Austria All-Weather Tire Market Segmentation, By Vehicle Type
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe All-Weather Tire Market Segmentation, By Rim Size
12.3.3.13.2 Rest of Western Europe All-Weather Tire Market Segmentation, By Sales Channel
12.3.3.13.3 Rest of Western Europe All-Weather Tire Market Segmentation, By Vehicle Type
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific All-Weather Tire Market Segmentation, by Country
12.4.3 Asia-Pacific All-Weather Tire Market Segmentation, By Rim Size
12.4.4 Asia-Pacific All-Weather Tire Market Segmentation, By Sales Channel
12.4.5 Asia-Pacific All-Weather Tire Market Segmentation, By Vehicle Type
12.4.6 China
12.4.6.1 China All-Weather Tire Market Segmentation, By Rim Size
12.4.6.2 China All-Weather Tire Market Segmentation, By Sales Channel
12.4.6.3 China All-Weather Tire Market Segmentation, By Vehicle Type
12.4.7 India
12.4.7.1 India All-Weather Tire Market Segmentation, By Rim Size
12.4.7.2 India All-Weather Tire Market Segmentation, By Sales Channel
12.4.7.3 India All-Weather Tire Market Segmentation, By Vehicle Type
12.4.8 Japan
12.4.8.1 Japan All-Weather Tire Market Segmentation, By Rim Size
12.4.8.2 Japan All-Weather Tire Market Segmentation, By Sales Channel
12.4.8.3 Japan All-Weather Tire Market Segmentation, By Vehicle Type
12.4.9 South Korea
12.4.9.1 South Korea All-Weather Tire Market Segmentation, By Rim Size
12.4.9.2 South Korea All-Weather Tire Market Segmentation, By Sales Channel
12.4.9.3 South Korea All-Weather Tire Market Segmentation, By Vehicle Type
12.4.10 Vietnam
12.4.10.1 Vietnam All-Weather Tire Market Segmentation, By Rim Size
12.4.10.2 Vietnam All-Weather Tire Market Segmentation, By Sales Channel
12.4.10.3 Vietnam All-Weather Tire Market Segmentation, By Vehicle Type
12.4.11 Singapore
12.4.11.1 Singapore All-Weather Tire Market Segmentation, By Rim Size
12.4.11.2 Singapore All-Weather Tire Market Segmentation, By Sales Channel
12.4.11.3 Singapore All-Weather Tire Market Segmentation, By Vehicle Type
12.4.12 Australia
12.4.12.1 Australia All-Weather Tire Market Segmentation, By Rim Size
12.4.12.2 Australia All-Weather Tire Market Segmentation, By Sales Channel
12.4.12.3 Australia All-Weather Tire Market Segmentation, By Vehicle Type
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific All-Weather Tire Market Segmentation, By Rim Size
12.4.13.2 Rest of Asia-Pacific All-Weather Tire Market Segmentation, By Sales Channel
12.4.13.3 Rest of Asia-Pacific All-Weather Tire Market Segmentation, By Vehicle Type
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East All-Weather Tire Market Segmentation, by Country
12.5.2.2 Middle East All-Weather Tire Market Segmentation, By Rim Size
12.5.2.3 Middle East All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.4 Middle East All-Weather Tire Market Segmentation, By Vehicle Type
12.5.2.5 UAE
12.5.2.5.1 UAE All-Weather Tire Market Segmentation, By Rim Size
12.5.2.5.2 UAE All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.5.3 UAE All-Weather Tire Market Segmentation, By Vehicle Type
12.5.2.6 Egypt
12.5.2.6.1 Egypt All-Weather Tire Market Segmentation, By Rim Size
12.5.2.6.2 Egypt All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.6.3 Egypt All-Weather Tire Market Segmentation, By Vehicle Type
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia All-Weather Tire Market Segmentation, By Rim Size
12.5.2.7.2 Saudi Arabia All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.7.3 Saudi Arabia All-Weather Tire Market Segmentation, By Vehicle Type
12.5.2.8 Qatar
12.5.2.8.1 Qatar All-Weather Tire Market Segmentation, By Rim Size
12.5.2.8.2 Qatar All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.8.3 Qatar All-Weather Tire Market Segmentation, By Vehicle Type
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East All-Weather Tire Market Segmentation, By Rim Size
12.5.2.9.2 Rest of Middle East All-Weather Tire Market Segmentation, By Sales Channel
12.5.2.9.3 Rest of Middle East All-Weather Tire Market Segmentation, By Vehicle Type
12.5.3 Africa
12.5.3.1 Africa All-Weather Tire Market Segmentation, by Country
12.5.3.2 Africa All-Weather Tire Market Segmentation, By Rim Size
12.5.3.3 Africa All-Weather Tire Market Segmentation, By Sales Channel
12.5.3.4 Africa All-Weather Tire Market Segmentation, By Vehicle Type
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria All-Weather Tire Market Segmentation, By Rim Size
12.5.3.5.2 Nigeria All-Weather Tire Market Segmentation, By Sales Channel
12.5.3.5.3 Nigeria All-Weather Tire Market Segmentation, By Vehicle Type
12.5.3.6 South Africa
12.5.3.6.1 South Africa All-Weather Tire Market Segmentation, By Rim Size
12.5.3.6.2 South Africa All-Weather Tire Market Segmentation, By Sales Channel
12.5.3.6.3 South Africa All-Weather Tire Market Segmentation, By Vehicle Type
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa All-Weather Tire Market Segmentation, By Rim Size
12.5.3.7.2 Rest of Africa All-Weather Tire Market Segmentation, By Sales Channel
12.5.3.7.3 Rest of Africa All-Weather Tire Market Segmentation, By Vehicle Type
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America All-Weather Tire Market Segmentation, by country
12.6.3 Latin America All-Weather Tire Market Segmentation, By Rim Size
12.6.4 Latin America All-Weather Tire Market Segmentation, By Sales Channel
12.6.5 Latin America All-Weather Tire Market Segmentation, By Vehicle Type
12.6.6 Brazil
12.6.6.1 Brazil All-Weather Tire Market Segmentation, By Rim Size
12.6.6.2 Brazil All-Weather Tire Market Segmentation, By Sales Channel
12.6.6.3 Brazil All-Weather Tire Market Segmentation, By Vehicle Type
12.6.7 Argentina
12.6.7.1 Argentina All-Weather Tire Market Segmentation, By Rim Size
12.6.7.2 Argentina All-Weather Tire Market Segmentation, By Sales Channel
12.6.7.3 Argentina All-Weather Tire Market Segmentation, By Vehicle Type
12.6.8 Colombia
12.6.8.1 Colombia All-Weather Tire Market Segmentation, By Rim Size
12.6.8.2 Colombia All-Weather Tire Market Segmentation, By Sales Channel
12.6.8.3 Colombia All-Weather Tire Market Segmentation, By Vehicle Type
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America All-Weather Tire Market Segmentation, By Rim Size
12.6.9.2 Rest of Latin America All-Weather Tire Market Segmentation, By Sales Channel
12.6.9.3 Rest of Latin America All-Weather Tire Market Segmentation, By Vehicle Type
13. Company Profiles
13.1 Continental AG (Germany)
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 CEAT Ltd. (India)
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Bridgestone Corporation (Japan)
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Pengda Rubber Product Factory (China)
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Zhejiang PDW Industrial Co., Ltd. (China)
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Michelin (France)
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 The Goodyear Tyre & Rubber Company (US)
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Aliner Automotive Equipment Pvt. Ltd. (India)
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Pirelli & C. S.p.A. (Italy)
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Sumitomo Corporation (Japan)
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Yokohama Tire Corporation (Japan)
13.11.1 Company Overview
13.11.2 Financial
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
13.12 Nokian Tyres plc (Finland)
13.12.1 Company Overview
13.12.2 Financial
13.12.3 Products/ Services Offered
13.12.4 SWOT Analysis
13.12.5 The SNS View
13.13 Hankook Tire & Technology Co., Ltd. (South Korea)
13.13.1 Company Overview
13.13.2 Financial
13.13.3 Products/ Services Offered
13.13.4 SWOT Analysis
13.13.5 The SNS View
13.14 Toyo Tire Corporation (Japan)
13.14.1 Company Overview
13.14.2 Financial
13.14.3 Products/ Services Offered
13.14.4 SWOT Analysis
13.14.5 The SNS View
13.15 Shandong Tang Ren Import and Export Trading Co., Ltd. (China)
13.15.1 Company Overview
13.15.2 Financial
13.15.3 Products/ Services Offered
13.15.4 SWOT Analysis
13.15.5 The SNS View
13.16 Hebei Huichao Machinery Parts Co., Ltd. (China)
13.16.1 Company Overview
13.16.2 Financial
13.16.3 Products/ Services Offered
13.16.4 SWOT Analysis
13.16.5 The SNS View
13.17 Jiangxi Deyou Technology Co., Ltd. (China)
13.17.1 Company Overview
13.17.2 Financial
13.17.3 Products/ Services Offered
13.17.4 SWOT Analysis
13.17.5 The SNS View
13.18 Trading Company (China)
13.18.1 Company Overview
13.18.2 Financial
13.18.3 Products/ Services Offered
13.18.4 SWOT Analysis
13.18.5 The SNS View
13.19 Shandong Juling Group (China)
13.19.1 Company Overview
13.19.2 Financial
13.19.3 Products/ Services Offered
13.19.4 SWOT Analysis
13.19.5 The SNS View
13.20 Auto Tool Equipment Solution (India)
13.20.1 Company Overview
13.20.2 Financial
13.20.3 Products/ Services Offered
13.20.4 SWOT Analysis
13.20.5 The SNS View
13.21 Qingdao Keter Tyre Co. Ltd
13.21.1 Company Overview
13.21.2 Financial
13.21.3 Products/ Services Offered
13.21.4 SWOT Analysis
13.21.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. 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.
The Automotive Hinges Market Size was $5.29 billion in 2023 and is expected to reach USD 7.4 billion by 2031 and grow at a CAGR of 4.3% by 2024-2031.
The Automotive Active Health Monitoring System Market size was valued at USD 3.5 billion in 2023 and is expected to reach USD 18.57 billion by 2031 and grow at a CAGR of 23.2% over the forecast period 2024-2031.
The Automotive Sunroof Market Size was valued at USD 7.45 billion in 2023 and is expected to reach USD 17.41 billion by 2031 and grow at a CAGR of 11.2% over the forecast period 2024-2031.
The Ultra High-Performance Tire Market Size was USD 13.29 billion in 2023 & will reach USD 30.64 billion by 2031 and grow at a CAGR of 11% by 2024-2031
Truck Platooning Market Report Scope & Overview:
The Light Commercial Vehicles Market size was valued at USD 528 billion in 2023, will reach USD 804.19 billion by 2031 & grow at a CAGR of 5.4% by 2024-2031
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