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Asia Pacific Automotive Smart Tire Market


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: SDMRAU1688797 | Industry: Automotive Smart Tire | Published On: 44985


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
List of Tables:

Table 1. Snapshot of Asia Pacific Automotive Smart Tire Market in Balanced Perspective, 2019-2030 18
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Association for Automotive Tire Industry by Country 35
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Automotive Smart Tire Market 41
Table 7. Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, $ mn 49
Table 8. Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, million units 49
Table 9. Asia Pacific Automotive Smart Tire Market by Sensor, 2019-2030, $ mn 56
Table 10. Asia Pacific Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn 62
Table 11. Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 67
Table 12. Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units 67
Table 13. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn 74
Table 14. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units 74
Table 15. Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 81
Table 16. Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units 81
Table 17. APAC Automotive Smart Tire Market by Country, 2019-2030, $ mn 90
Table 18. APAC Automotive Smart Tire Market by Country, 2019-2030, million units 91
Table 19. Japan Automotive Smart Tire Market by Product, 2019-2030, $ mn 94
Table 20. Japan Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 94
Table 21. Japan Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 94
Table 22. China Automotive Smart Tire Market by Product, 2019-2030, $ mn 96
Table 23. China Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 96
Table 24. China Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 96
Table 25. Australia Automotive Smart Tire Market by Product, 2019-2030, $ mn 98
Table 26. Australia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 98
Table 27. Australia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 98
Table 28. India Automotive Smart Tire Market by Product, 2019-2030, $ mn 100
Table 29. India Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 100
Table 30. India Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 100
Table 31. South Korea Automotive Smart Tire Market by Product, 2019-2030, $ mn 102
Table 32. South Korea Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 102
Table 33. South Korea Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 102
Table 34. Automotive Smart Tire Market in Rest of APAC by Country/Region, 2019-2030, $ mn 104
Table 35. Bridgestone Corporation: Company Snapshot 109
Table 36. Bridgestone Corporation: Business Segmentation 109
Table 37. Bridgestone Corporation: Product Portfolio 110
Table 38. Continental AG: Company Snapshot 111
Table 39. Continental AG: Business Segmentation 113
Table 40. Continental AG: Revenue by Region, 2019, % 113
Table 41. Continental AG: Product Portfolio of Automotive Smart Tire 114
Table 42. Hankook Tire & Technology Co., Ltd.: Company Snapshot 116
Table 43. Hankook Tire & Technology Co., Ltd.: Product Portfolio of Automotive Smart Tire 117
Table 44. Infineon Technologies AG: Company Snapshot 118
Table 45. Infineon Technologies AG: Revenue Distribution by Business Segment in 2020 119
Table 46. Infineon Technologies AG: Revenue Distribution by Region in 2020 119
Table 47. Infineon Technologies AG: Product Portfolio of Automotive Smart Tire 120
Table 48. JK Tyres & Industries Ltd.: Company Snapshot 121
Table 49. JK Tyres & Industries Ltd.: Product Portfolio of Automotive Smart Tire 122
Table 50. Michelin Group: Company Snapshot 123
Table 51. Michelin Group: Product Portfolio of Automotive Smart Tire 124
Table 52. Nexen Tire Corporation: Company Snapshot 126
Table 53. Nokian Tyres Plc.: Company Snapshot 127
Table 54. Nokian Tyres Plc.: Product Portfolio of Automotive Smart Tire 128
Table 55. NXP Semiconductors N.V.: Company Snapshot 129
Table 56. NXP Semiconductors N.V.: Revenue Distribution by Business Segment in 2020 130
Table 57. NXP Semiconductors N.V.: Revenue Distribution by Region in 2020 130
Table 58. NXP Semiconductors N.V.: Product Portfolio of Automotive Smart Tire 130
Table 59. Pirelli & C. S.p.A: Company Snapshot 132
Table 60. Pirelli & C. S.p.A: Product Portfolio of Automotive Smart Tire 133
Table 61. Revvo Technologies, Inc.: Company Snapshot 135
Table 62. Revvo Technologies, Inc.: Product Portfolio of Automotive Smart Tire 136
Table 63. Schrader TPMS Solutions: Company Snapshot 137
Table 64. Schrader TPMS Solutions: Product Portfolio of Automotive Smart Tire 138
Table 65. Sumitomo Rubber Industries, Ltd.: Company Snapshot 139
Table 66. Sumitomo Rubber Industries, Ltd.: Product Portfolio of Automotive Smart Tire 140
Table 67. The Goodyear Tire & Rubber Co.: Company Snapshot 141
Table 68. The Goodyear Tire & Rubber Co.: Product Portfolio of Automotive Smart Tire 142
Table 69. The Yokohama Rubber Company, Limited: Company Snapshot 144
Table 70. The Yokohama Rubber Company, Limited: Product Portfolio of Automotive Smart Tire 145
Table 71. Toyo Tire Corporation: Company Snapshot 146
Table 72. Toyo Tire Corporation: Product Portfolio of Automotive Smart Tire 147
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