Global Snow Chain Market Growth 2019-2024

Snow chains, or tire chains, are devices are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically. The Major regions to produce snow chain are North America, Europe and Asia, which accounting for above 90 % of production in total. Europe is the largest production region (production share 39.76% in 2015). Snow chain is mainly produced by Pewag, Rud and Trygg, and these two companies occupied 50.06% market share by sale volume in 2015. Along with the automotive production and ownership and the climatic situation in winter, North America, Europe and Asia are major consumption regions in snow chain market. The largest consumption region is Europe, accounting for 34.54% market share in 2015 by consumption volume, followed by Asia. Although sales of snow chain brought a lot of opportunities, the industry barrier is not high and the automotive industry supply chain is rather closed. Therefore, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the automotive seat heater field hastily. According to this study, over the next five years the Snow Chain market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 270 million by 2024, from US$ 220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Sn ...
Table of Contents 2019-2024 Global Snow Chain Consumption Market Report 1 Scope of the Report 1.1 Market Introduction 1.2 Research Objectives 1.3 Years Considered 1.4 Market Research Methodology 1.5 Economic Indicators 1.6 Currency Considered 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Snow Chain Consumption 2014-2024 2.1.2 Snow Chain Consumption CAGR by Region 2.2 Snow Chain Segment by Type 2.2.1 Metal Snow Chain 2.2.2 Nonmetal Snow Chain 2.3 Snow Chain Consumption by Type 2.3.1 Global Snow Chain Consumption Market Share by Type (2014-2019) 2.3.2 Global Snow Chain Revenue and Market Share by Type (2014-2019) 2.3.3 Global Snow Chain Sale Price by Type (2014-2019) 2.4 Snow Chain Segment by Application 2.4.1 Passenger Cars 2.4.2 Commercial Vehicles 2.4.3 Other Vehicles 2.5 Snow Chain Consumption by Application 2.5.1 Global Snow Chain Consum ...
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