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 USD 270 million by 2024, from USD 220 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Snow Chain business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Snow Chain market by product type, application, key manufacturers and key regions and countries.

This study considers the Snow Chain value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Metal Snow Chain
Nonmetal Snow Chain
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Cars
Commercial Vehicles
Other Vehicles

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Pewag
Rud
Trygg
Thule
Peerless
Laclede Chain
Ottinger
Maggi Catene
BABAC Tire Chains
Felice Chain
Gowin
Lianyi Rubber

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Snow Chain consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Snow Chain market by identifying its various subsegments.
Focuses on the key global Snow Chain manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Snow Chain with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Snow Chain submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.