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.
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?
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102 pages •
By Infiniti Research Limited
• Aug 2018
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