Asia Pacific Automotive Smart Tire Market 2022-2030 by Product (Connected Tire, Intelligent Tire/TPMS), Engineering Technology (Pneumatic, Run-Flat, Non-Pneumatic), Vehicle Type (Commercial, Passenger), Vehicle Propulsion (Conventional, EV), Distribution Channel (OEMs, Aftermarket), and Country: Trend Forecast and Growth Opportunity

  • Report Code : 883233
  • Industry : Automotive
  • Published On : Feb 2023
  • Pages : 96
  • Publisher : Grace Market Data
  • Format: WMR PPT FormatWMR PDF Format

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Asia Pacific automotive smart tire market will grow by 8.3% annually with a total addressable market cap of $484,921.9 million over 2023-2030, driven by the escalating demand for electric vehicle to curb the GHG gas emission, the rapid emergence and advancement of autonomous and connected vehicles, as well as the increasing adoption of artificial intelligence (AI) and 5G networks.
Highlighted with 72 tables and 66 figures, this 148 page report "Asia Pacific Automotive Smart Tire Market 2022-2030 by Product (Connected Tire, Intelligent Tire/TPMS), Engineering Technology (Pneumatic, Run-Flat, Non-Pneumatic), Vehicle Type (Commercial, Passenger), Vehicle Propulsion (Conventional, EV), Distribution Channel (OEMs, Aftermarket), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire Asia Pacific automotive smart tire market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2022 and provides forecast from 2023 till 2030 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific automotive smart tire market in every aspect of the classification from perspectives of Product, Engineering Technology, Vehicle Type, Vehicle Propulsion, Distribution Channel, and Country.

Based on Product, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
• Connected Tire
• Intelligent Tire/TPMS

Based on Sensor Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.
• TPMS
• Accelerometer Sensor
• Strain Gauge Sensor
• RFID Chip
• Other Sensors

Based on Engineering Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.
• Pneumatic Tire
• Run-Flat Tire
• Non-Pneumatic Tire

By Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
• Commercial Vehicles
• Passenger Cars

By Vehicle Propulsion, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
• Conventional Vehicles
• Electric Vehicles (EV)

By Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
• OEMs
• Aftermarket

Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($mn) are available for 2022-2030. The breakdown of national markets by Product, Vehicle Type and Distribution Channel over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Bridgestone Corporation
Continental AG
Hankook Tire & Technology Co., Ltd.
Infineon Technologies AG
JK Tyres & Industries Ltd.
Michelin Group
Nexen Tire Corporation
Nokian Tyres Plc.
NXP Semiconductors
Pirelli & C. S.p.A
Revvo Technologies, Inc.
Schrader TPMS Solutions
Sumitomo Rubber Industries, Ltd.
The Goodyear Tire & Rubber Co.
The Yokohama Rubber Company, Limited
Toyo Tire Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 38
2.4 Emerging Opportunities and Market Trends 41
2.5 Porter's Fiver Forces Analysis 45
3 Segmentation of Asia Pacific Market by Product 49
3.1 Market Overview by Product 49
3.1.1 Connected Tire 52
3.1.2 Intelligent Tire/TPMS 54
3.2 Asia Pacific Automotive Smart Tire Market by Sensor 56
3.2.1 Tire Pressure Monitoring System (TPMS) 57
3.2.2 Accelerometer Sensor 58
3.2.3 Strain Gauge Sensor 59
3.2.4 RFID Chip 60
3.2.5 Other Sensors 61
4 Segmentation of Asia Pacific Market by Engineering Technology 62
4.1 Market Overview by Engineering Technology 62
4.2 Pneumatic Tire 64
4.3 Run-Flat Tire 65
4.4 Non-Pneumatic Tire 66
5 Segmentation of Asia Pacific Market by Vehicle Type 67
5.1 Market Overview by Vehicle Type 67
5.2 Commercial Vehicles 70
5.3 Passenger Cars 72
6 Segmentation of Asia Pacific Market by Vehicle Propulsion 74
6.1 Market Overview by Vehicle Propulsion 74
6.2 Conventional Vehicles 77
6.3 Electric Vehicles (EV) 79
7 Segmentation of Asia Pacific Market by Distribution Channel 81
7.1 Market Overview by Distribution Channel 81
7.2 OEMs 84
7.3 Aftermarket 86
8 Asia-Pacific Market 2019-2030 by Country 88
8.1 Overview of Asia-Pacific Market 88
8.2 Japan 92
8.3 China 95
8.4 Australia 97
8.5 India 99
8.6 South Korea 101
8.7 Rest of APAC Region 103
9 Competitive Landscape 105
9.1 Overview of Key Vendors 105
9.2 New Product Launch, Partnership, Investment, and M&A 108
9.3 Company Profiles 109
Bridgestone Corporation 109
Continental AG 111
Hankook Tire & Technology Co., Ltd. 116
Infineon Technologies AG 118
JK Tyres & Industries Ltd. 121
Michelin Group 123
Nexen Tire Corporation 126
Nokian Tyres Plc. 127
NXP Semiconductors 129
Pirelli & C. S.p.A 132
Revvo Technologies, Inc. 135
Schrader TPMS Solutions 137
Sumitomo Rubber Industries, Ltd. 139
The Goodyear Tire & Rubber Co. 141
The Yokohama Rubber Company, Limited 144
Toyo Tire Corporation 146
RELATED REPORTS 148

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