Global Automotive Tire Socks Market 2017-2021

Global Automotive Tire Socks Market 2017-2021

  • August 2017 •
  • 65 pages •
  • Report ID: 5069593
About Automotive Tire Socks

Tire socks are the next-generation traction products. Unlike tire chains, the grip is provided by a textile surface with no metal parts being used. They are lightweight and extremely quick and simple to install. As there is nothing to adjust, tire socks get automatically centered when the vehicle is in motion. Since there is no contact between the metal and the road, the socks provide a smoother drive without vibration or noise.

Technavio’s analysts forecast the global automotive tire socks market to grow at a CAGR of 6.66% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive tire socks market for 2017-2021. To calculate the market size, the report considers new installations of tire socks.

The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe

Technavio’s report, Global Automotive Tire Socks Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• MICHELIN
• Joubert Productions
• AutoSock
• ISSE SAFETY
• TireSocks

Other prominent vendors
• Weissenfels
• Silknet
• Novotool

Market driver
• Need for improved traction in cold weather
• For a full, detailed list, view our report

Market challenge
• Wear and tear issues related to tire socks
• For a full, detailed list, view our report

Market trend
• Providence of night vision reflectors in tire socks
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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