+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Winter Tire Market Research Report by Type (Studded and Studless), Vehicle Type, Distribution Channel, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • PDF Icon

    Report

  • 122 Pages
  • July 2022
  • Region: United States
  • 360iResearch™
  • ID: 5124593
UP TO OFF until Dec 31st 2022
The United States Winter Tire Market size was estimated at USD 3,594.40 million in 2021, USD 3,918.58 million in 2022, and is projected to grow at a CAGR 5.62% to reach USD 4,990.99 million by 2027.

Market Statistics:


The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:


This research report categorizes the Winter Tire to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Type, the market was studied across Studded and Studless.
  • Based on Vehicle Type, the market was studied across Commercial Vehicle and Passenger Vehicle.
  • Based on Distribution Channel, the market was studied across Aftermarket and OEM.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:


COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:


We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Winter Tire market considering the current update on the conflict and its global response.

Competitive Strategic Window:


The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:


The FPNV Positioning Matrix evaluates and categorizes the vendors in the Winter Tire Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:


The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:


The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:


The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Winter Tire Market, including Apollo Vredestein Belux SA, Bridgestone Corporation, Cheng Shin Rubber Ind Ltd., Compagnie Générale des Établissements Michelin, Continental AG, Cooper Tire & Rubber Company, GITI Tire, Goodyear Tire & Rubber Company, Hangzhou Zhongce Rubber Co., Ltd., Hankook Tire & Technology group, JSC Cordiant, Kumho Tire, Michelin Group, Nexen Tire Corporation, Nokian Tyres Oyj, Pirelli & C. S.p.A., Sumitomo Rubber Industries, Ltd, Toyo Tire Corporation, Triangle Group, and Yokohama Rubber Company, Limited.

The report provides insights on the following pointers:


1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:


1. What is the market size and forecast of the United States Winter Tire Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Winter Tire Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Winter Tire Market?
4. What is the competitive strategic window for opportunities in the United States Winter Tire Market?
5. What are the technology trends and regulatory frameworks in the United States Winter Tire Market?
6. What is the market share of the leading vendors in the United States Winter Tire Market?
7. What modes and strategic moves are considered suitable for entering the United States Winter Tire Market?
Frequently Asked Questions about the U.S. Winter Tire Market

What is the estimated value of the U.S. Winter Tire Market?

The U.S. Winter Tire Market was estimated to be valued at $3594.4 Million in 2021.

What is the growth rate of the U.S. Winter Tire Market?

The growth rate of the U.S. Winter Tire Market is 5.6%, with an estimated value of $4990.99 Million by 2027.

What is the forecasted size of the U.S. Winter Tire Market?

The U.S. Winter Tire Market is estimated to be worth $4990.99 Million by 2027.

Who are the key companies in the U.S. Winter Tire Market?

Key companies in the U.S. Winter Tire Market include Apollo Vredestein Belux SA, Bridgestone Corporation, Cheng Shin Rubber Ind Ltd., Compagnie Générale des Établissements Michelin, Continental AG, Cooper Tire & Rubber Company, GITI Tire, Goodyear Tire & Rubber Company and Hankook Tire & Technology group.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Winter Tire Market, by Type
6.1. Introduction
6.2. Studded
6.3. Studless
7. Winter Tire Market, by Vehicle Type
7.1. Introduction
7.2. Commercial Vehicle
7.3. Passenger Vehicle
8. Winter Tire Market, by Distribution Channel
8.1. Introduction
8.2. Aftermarket
8.3. Oem
9. California Winter Tire Market10. Florida Winter Tire Market11. Illinois Winter Tire Market12. New York Winter Tire Market13. Ohio Winter Tire Market14. Pennsylvania Winter Tire Market15. Texas Winter Tire Market
16. Competitive Landscape
16.1. Fpnv Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis
16.3. Market Share Analysis, by Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
17.1. Apollo Vredestein Belux Sa
17.2. Bridgestone Corporation
17.3. Cheng Shin Rubber Ind Ltd.
17.4. Compagnie Générale Des Établissements Michelin
17.5. Continental Ag
17.6. Cooper Tire & Rubber Company
17.7. Giti Tire
17.8. Goodyear Tire & Rubber Company
17.9. Hangzhou Zhongce Rubber Co., Ltd.
17.10. Hankook Tire & Technology Group
17.11. Jsc Cordiant
17.12. Kumho Tire
17.13. Michelin Group
17.14. Nexen Tire Corporation
17.15. Nokian Tyres Oyj
17.16. Pirelli & C. S.P.A.
17.17. Sumitomo Rubber Industries, Ltd
17.18. Toyo Tire Corporation
17.19. Triangle Group
17.20. Yokohama Rubber Company, Limited
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES WINTER TIRE MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES WINTER TIRE MARKET SIZE, 2021 VS 2027 (USD MILLION)
FIGURE 3. UNITED STATES WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 4. UNITED STATES WINTER TIRE MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 5. UNITED STATES WINTER TIRE MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 6. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES WINTER TIRE MARKET SIZE, BY STATE, 2027
FIGURE 7. UNITED STATES WINTER TIRE MARKET DYNAMICS
FIGURE 8. UNITED STATES WINTER TIRE MARKET SIZE, BY TYPE, 2021 VS 2027 (%)
FIGURE 9. UNITED STATES WINTER TIRE MARKET SIZE, BY TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 10. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES WINTER TIRE MARKET SIZE, BY TYPE, 2027
FIGURE 11. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDDED, 2019-2027 (USD MILLION)
FIGURE 12. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDDED, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 13. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDLESS, 2019-2027 (USD MILLION)
FIGURE 14. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDLESS, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 15. UNITED STATES WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2021 VS 2027 (%)
FIGURE 16. UNITED STATES WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 17. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2027
FIGURE 18. UNITED STATES WINTER TIRE MARKET SIZE, BY COMMERCIAL VEHICLE, 2019-2027 (USD MILLION)
FIGURE 19. UNITED STATES WINTER TIRE MARKET SIZE, BY COMMERCIAL VEHICLE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 20. UNITED STATES WINTER TIRE MARKET SIZE, BY PASSENGER VEHICLE, 2019-2027 (USD MILLION)
FIGURE 21. UNITED STATES WINTER TIRE MARKET SIZE, BY PASSENGER VEHICLE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 22. UNITED STATES WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS 2027 (%)
FIGURE 23. UNITED STATES WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2021 VS 2027 (USD MILLION)
FIGURE 24. COMPETITIVE STRATEGIC WINDOW FOR UNITED STATES WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2027
FIGURE 25. UNITED STATES WINTER TIRE MARKET SIZE, BY AFTERMARKET, 2019-2027 (USD MILLION)
FIGURE 26. UNITED STATES WINTER TIRE MARKET SIZE, BY AFTERMARKET, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 27. UNITED STATES WINTER TIRE MARKET SIZE, BY OEM, 2019-2027 (USD MILLION)
FIGURE 28. UNITED STATES WINTER TIRE MARKET SIZE, BY OEM, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 29. CALIFORNIA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 30. FLORIDA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 31. ILLINOIS WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 32. NEW YORK WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 33. OHIO WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 34. PENNSYLVANIA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 35. TEXAS WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
FIGURE 36. UNITED STATES WINTER TIRE MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 37. UNITED STATES WINTER TIRE MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 38. COMPETITIVE SCENARIO ANALYSIS IN UNITED STATES WINTER TIRE MARKET, BY TYPE
List of Tables
TABLE 1. UNITED STATES WINTER TIRE MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2016-2020
TABLE 3. UNITED STATES WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 4. UNITED STATES WINTER TIRE MARKET SIZE, BY STATE, 2019-2027 (USD MILLION)
TABLE 5. UNITED STATES WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 6. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDDED, BY STATE, 2019-2027 (USD MILLION)
TABLE 7. UNITED STATES WINTER TIRE MARKET SIZE, BY STUDLESS, BY STATE, 2019-2027 (USD MILLION)
TABLE 8. UNITED STATES WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 9. UNITED STATES WINTER TIRE MARKET SIZE, BY COMMERCIAL VEHICLE, BY STATE, 2019-2027 (USD MILLION)
TABLE 10. UNITED STATES WINTER TIRE MARKET SIZE, BY PASSENGER VEHICLE, BY STATE, 2019-2027 (USD MILLION)
TABLE 11. UNITED STATES WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 12. UNITED STATES WINTER TIRE MARKET SIZE, BY AFTERMARKET, BY STATE, 2019-2027 (USD MILLION)
TABLE 13. UNITED STATES WINTER TIRE MARKET SIZE, BY OEM, BY STATE, 2019-2027 (USD MILLION)
TABLE 14. CALIFORNIA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 15. CALIFORNIA WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 16. CALIFORNIA WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 17. CALIFORNIA WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 18. FLORIDA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 19. FLORIDA WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 20. FLORIDA WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 21. FLORIDA WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 22. ILLINOIS WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 23. ILLINOIS WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 24. ILLINOIS WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 25. ILLINOIS WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 26. NEW YORK WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 27. NEW YORK WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 28. NEW YORK WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 29. NEW YORK WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 30. OHIO WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 31. OHIO WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 32. OHIO WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 33. OHIO WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 34. PENNSYLVANIA WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 35. PENNSYLVANIA WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 36. PENNSYLVANIA WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 37. PENNSYLVANIA WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 38. TEXAS WINTER TIRE MARKET SIZE, 2019-2027 (USD MILLION)
TABLE 39. TEXAS WINTER TIRE MARKET SIZE, BY TYPE, 2019-2027 (USD MILLION)
TABLE 40. TEXAS WINTER TIRE MARKET SIZE, BY VEHICLE TYPE, 2019-2027 (USD MILLION)
TABLE 41. TEXAS WINTER TIRE MARKET SIZE, BY DISTRIBUTION CHANNEL, 2019-2027 (USD MILLION)
TABLE 42. UNITED STATES WINTER TIRE MARKET: FPNV POSITIONING MATRIX - SCORES, 2021
TABLE 43. UNITED STATES WINTER TIRE MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2021
TABLE 44. UNITED STATES WINTER TIRE MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2021
TABLE 45. UNITED STATES WINTER TIRE MARKET RANKING
TABLE 46. UNITED STATES WINTER TIRE MARKET SHARE, BY KEY PLAYER, 2021
TABLE 47. UNITED STATES WINTER TIRE MARKET MERGER & ACQUISITION
TABLE 48. UNITED STATES WINTER TIRE MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 49. UNITED STATES WINTER TIRE MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 50. UNITED STATES WINTER TIRE MARKET INVESTMENT & FUNDING
TABLE 51. UNITED STATES WINTER TIRE MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 52. UNITED STATES WINTER TIRE MARKET: LICENSE & PRICING

Companies Mentioned

  • Apollo Vredestein Belux SA
  • Bridgestone Corporation
  • Cheng Shin Rubber Ind Ltd.
  • Compagnie Générale des Établissements Michelin
  • Continental AG
  • Cooper Tire & Rubber Company
  • GITI Tire
  • Goodyear Tire & Rubber Company
  • Hangzhou Zhongce Rubber Co., Ltd.
  • Hankook Tire & Technology group
  • JSC Cordiant
  • Kumho Tire
  • Michelin Group
  • Nexen Tire Corporation
  • Nokian Tyres Oyj
  • Pirelli & C. S.p.A.
  • Sumitomo Rubber Industries, Ltd
  • Toyo Tire Corporation
  • Triangle Group
  • Yokohama Rubber Company, Limited

Methodology

Loading
LOADING...