Europe automotive smart tire market was valued at $20,691.9 million in 2022 and will grow by 7.3% 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.
Highlighted with 75 tables and 67 figures, this 149 page report "Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe Market by Distribution Channel 81
7.1 Market Overview by Distribution Channel 81
7.2 OEMs 84
7.3 Aftermarket 86
8 European Market 2019-2030 by Country 88
8.1 Overview of European Market 88
8.2 Germany 92
8.3 U.K. 94
8.4 France 96
8.5 Spain 98
8.6 Italy 100
8.7 Russia 102
8.8 Rest of European Market 104
9 Competitive Landscape 106
9.1 Overview of Key Vendors 106
9.2 New Product Launch, Partnership, Investment, and M&A 109
9.3 Company Profiles 110
Bridgestone Corporation 110
Continental AG 112
Hankook Tire & Technology Co., Ltd. 117
Infineon Technologies AG 119
JK Tyres & Industries Ltd. 122
Michelin Group 124
Nexen Tire Corporation 127
Nokian Tyres Plc. 128
NXP Semiconductors 130
Pirelli & C. S.p.A 133
Revvo Technologies, Inc. 136
Schrader TPMS Solutions 138
Sumitomo Rubber Industries, Ltd. 140
The Goodyear Tire & Rubber Co. 142
The Yokohama Rubber Company, Limited 145
Toyo Tire Corporation 147
RELATED REPORTS 149
The Automotive Multi-domain Fusion Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Automotive Cross-domain Fusion Computing Platform Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competit...
The Smart Warehousing Integration Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manuf...
The Smart Toilet Management System Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manu...
The Smart Toilet Solution Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacturers...
The Automotive Public Cloud Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, manufacture...
The Automotive Cloud Computing Service Market is set to witness immense growth during the forecast period 2024-2031. This intelligence report offers an in-depth analysis of the market size, share, growth, opportunity, competitive landscape, ...
Market Overview
The Europe Banking as a Service (BaaS) Market is set to experience significant growth from 2024 to 2034, driven by the rapid digital transformation of the financial sector, the increasing adoption of embedded finance solutions, and the rising demand for seamless customer...
Market Overview
The Europe Perfume Packaging Market is poised for substantial growth from 2024 to 2034, fueled by rising consumer demand for premium fragrances, evolving aesthetic preferences, and the growing emphasis on sustainable packaging solutions. The market is projected to achiev...
Market Overview
The Europe Alternate Marine Power (AMP) Market is set to witness remarkable growth from 2024 to 2034, driven by stringent environmental regulations, increasing adoption of green maritime technologies, and the pressing need to reduce greenhouse gas (GHG) emissions in the ...