North America 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 : 883231
  • Industry : Automotive
  • Published On : Feb 2023
  • Pages : 89
  • 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.

North America automotive smart tire market is projected to grow by 6.5% annually in the forecast period and reach $38,723.4 million by 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 65 tables and 63 figures, this 143 page report "North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico
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 North America Market by Product 50
3.1 Market Overview by Product 50
3.1.1 Connected Tire 53
3.1.2 Intelligent Tire/TPMS 55
3.2 North America Automotive Smart Tire Market by Sensor 57
3.2.1 Tire Pressure Monitoring System (TPMS) 58
3.2.2 Accelerometer Sensor 59
3.2.3 Strain Gauge Sensor 60
3.2.4 RFID Chip 61
3.2.5 Other Sensors 62
4 Segmentation of North America Market by Engineering Technology 63
4.1 Market Overview by Engineering Technology 63
4.2 Pneumatic Tire 65
4.3 Run-Flat Tire 66
4.4 Non-Pneumatic Tire 67
5 Segmentation of North America Market by Vehicle Type 68
5.1 Market Overview by Vehicle Type 68
5.2 Commercial Vehicles 71
5.3 Passenger Cars 73
6 Segmentation of North America Market by Vehicle Propulsion 75
6.1 Market Overview by Vehicle Propulsion 75
6.2 Conventional Vehicles 78
6.3 Electric Vehicles (EV) 80
7 Segmentation of North America Market by Distribution Channel 82
7.1 Market Overview by Distribution Channel 82
7.2 OEMs 85
7.3 Aftermarket 87
8 North America Market 2019-2030 by Country 89
8.1 Overview of North America Market 89
8.2 U.S. 93
8.3 Canada 96
8.4 Mexico 98
9 Competitive Landscape 100
9.1 Overview of Key Vendors 100
9.2 New Product Launch, Partnership, Investment, and M&A 103
9.3 Company Profiles 104
Bridgestone Corporation 104
Continental AG 106
Hankook Tire & Technology Co., Ltd. 111
Infineon Technologies AG 113
JK Tyres & Industries Ltd. 116
Michelin Group 118
Nexen Tire Corporation 121
Nokian Tyres Plc. 122
NXP Semiconductors 124
Pirelli & C. S.p.A 127
Revvo Technologies, Inc. 130
Schrader TPMS Solutions 132
Sumitomo Rubber Industries, Ltd. 134
The Goodyear Tire & Rubber Co. 136
The Yokohama Rubber Company, Limited 139
Toyo Tire Corporation 141
RELATED REPORTS 143

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