Global automotive smart tire market will reach $161,616.7 million by 2030, growing by 7.7% annually over 2022-2030, 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. In terms of sales volume, the global market will grow at a 2022-2030 CAGR of 8.8%.
Highlighted with 129 tables and 105 figures, this 206-page report "Global 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 Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global 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 global 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 global automotive smart tire market in every aspect of the classification from perspectives of Product, Engineering Technology, Vehicle Type, Vehicle Propulsion, Distribution Channel, and Region.
Based on Product, the global 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 global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2030. The breakdown of all regional markets by country and split of each national market 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 10
1.1 Industry Definition and Research Scope 10
1.1.1 Industry Definition 10
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 25
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 30
2.2 Major Growth Drivers 34
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter's Fiver Forces Analysis 47
3 Segmentation of Global Market by Product 51
3.1 Market Overview by Product 51
3.1.1 Connected Tire 54
3.1.2 Intelligent Tire/TPMS 56
3.2 Global Automotive Smart Tire Market by Sensor 58
3.2.1 Tire Pressure Monitoring System (TPMS) 59
3.2.2 Accelerometer Sensor 60
3.2.3 Strain Gauge Sensor 61
3.2.4 RFID Chip 62
3.2.5 Other Sensors 63
4 Segmentation of Global Market by Engineering Technology 64
4.1 Market Overview by Engineering Technology 64
4.2 Pneumatic Tire 66
4.3 Run-Flat Tire 67
4.4 Non-Pneumatic Tire 68
5 Segmentation of Global Market by Vehicle Type 69
5.1 Market Overview by Vehicle Type 69
5.2 Commercial Vehicles 72
5.3 Passenger Cars 74
6 Segmentation of Global Market by Vehicle Propulsion 76
6.1 Market Overview by Vehicle Propulsion 76
6.2 Conventional Vehicles 79
6.3 Electric Vehicles (EV) 81
7 Segmentation of Global Market by Distribution Channel 83
7.1 Market Overview by Distribution Channel 83
7.2 OEMs 86
7.3 Aftermarket 88
8 Segmentation of Global Market by Region 90
8.1 Geographic Market Overview 2019-2030 90
8.2 North America Market 2019-2030 by Country 95
8.2.1 Overview of North America Market 95
8.2.2 U.S. 99
8.2.3 Canada 102
8.2.4 Mexico 104
8.3 European Market 2019-2030 by Country 106
8.3.1 Overview of European Market 106
8.3.2 Germany 110
8.3.3 U.K. 112
8.3.4 France 114
8.3.5 Spain 116
8.3.6 Italy 118
8.3.7 Russia 120
8.3.8 Rest of European Market 122
8.4 Asia-Pacific Market 2019-2030 by Country 124
8.4.1 Overview of Asia-Pacific Market 124
8.4.2 Japan 128
8.4.3 China 131
8.4.4 Australia 133
8.4.5 India 135
8.4.6 South Korea 137
8.4.7 Rest of APAC Region 139
8.5 South America Market 2019-2030 by Country 141
8.5.1 Argentina 145
8.5.2 Brazil 147
8.5.3 Chile 149
8.5.4 Rest of South America Market 151
8.6 MEA Market 2019-2030 by Country 152
8.6.1 UAE 156
8.6.2 Saudi Arabia 158
8.6.3 South Africa 160
8.6.4 Other National Markets 162
9 Competitive Landscape 163
9.1 Overview of Key Vendors 163
9.2 New Product Launch, Partnership, Investment, and M&A 166
9.3 Company Profiles 167
Bridgestone Corporation 167
Continental AG 169
Hankook Tire & Technology Co., Ltd. 174
Infineon Technologies AG 176
JK Tyres & Industries Ltd. 179
Michelin Group 181
Nexen Tire Corporation 184
Nokian Tyres Plc. 185
NXP Semiconductors 187
Pirelli & C. S.p.A 190
Revvo Technologies, Inc. 193
Schrader TPMS Solutions 195
Sumitomo Rubber Industries, Ltd. 197
The Goodyear Tire & Rubber Co. 199
The Yokohama Rubber Company, Limited 202
Toyo Tire Corporation 204
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