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Global Automotive Smart Tire Market


Global Automotive Smart Tire Market 2020-2030 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

Report code: SDMRAU1613117 | Industry: Automotive and Transportation | Published On: 2022-02-15


Global automotive smart tire market will reach $161.6 billion by 2030, growing by 7.5% annually over 2020-2030 considering the impact of COVID-19 pandemic. The unit shipment of automotive smart tire is anticipated to grow by 8.6% annually over the forecast years. The market is driven by the escalating demand for electric vehicle, 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 93 tables and 105 figures, this 181-page report “Global Automotive Smart Tire Market 2020-2030 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 a 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 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
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. The balanced (most likely) projection is used to quantify global automotive smart tire market in every aspect of the classification from perspectives of Product, Sensor, 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 annual shipment (million units) for 2019-2030 included in each section.
• Connected Tire
• Intelligent Tire/TPMS

By Sensor, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 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 2019-2030 included in each section.
• Pneumatic Tire
• Run-Flat Tire
• Non-Pneumatic Tire

Based on Vehicle Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• Commercial Vehicles
• Passenger Cars

Based on Vehicle Propulsion, the global market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• Conventional Vehicles
• Electric Vehicles (EV)

Based on Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 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)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) and demand volume (million units) are available for 2019-2030. The breakdown of all regional markets by country and split of key 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.
Key Players (this may not be a complete list and extra companies can be added upon request):
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
Yokohama Rubber Co., Ltd.
(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
2.2  Major  Growth  Drivers 30
2.3  Market  Restraints  and  Challenges 36
2.4  Emerging  Opportunities  and  Market  Trends 39
2.5  Porter’s  Fiver  Forces  Analysis 43
3  Segmentation  of  Global  Market  by  Product 47
3.1  Market  Overview  by  Product 47
3.1.1  Connected  Tire 50
3.1.2  Intelligent  Tire/TPMS 52
3.2  Global  Automotive  Smart  Tire  Market  by  Sensor 54
3.2.1  Tire  Pressure  Monitoring  System  (TPMS) 55
3.2.2  Accelerometer  Sensor 56
3.2.3  Strain  Gauge  Sensor 57
3.2.4  RFID  Chip 58
3.2.5  Other  Sensors 59
4  Segmentation  of  Global  Market  by  Engineering  Technology 60
4.1  Market  Overview  by  Engineering  Technology 60
4.2  Pneumatic  Tire 62
4.3  Run-Flat  Tire 63
4.4  Non-Pneumatic  Tire 64
5  Segmentation  of  Global  Market  by  Vehicle  Type 65
5.1  Market  Overview  by  Vehicle  Type 65
5.2  Commercial  Vehicles 68
5.3  Passenger  Cars 70
6  Segmentation  of  Global  Market  by  Vehicle  Propulsion 72
6.1  Market  Overview  by  Vehicle  Propulsion 72
6.2  Conventional  Vehicles 75
6.3  Electric  Vehicles  (EV) 77
7  Segmentation  of  Global  Market  by  Distribution  Channel 79
7.1  Market  Overview  by  Distribution  Channel 79
7.2  OEMs 82
7.3  Aftermarket 84
8  Segmentation  of  Global  Market  by  Region 86
8.1  Geographic  Market  Overview  2019-2030 86
8.2  North  America  Market  2019-2030  by  Country 91
8.2.1  Overview  of  North  America  Market 91
8.2.2  U.S. 95
8.2.3  Canada 98
8.2.4  Mexico 100
8.3  European  Market  2019-2030  by  Country 102
8.3.1  Overview  of  European  Market 102
8.3.2  Germany 106
8.3.3  U.K. 108
8.3.4  France 110
8.3.5  Spain 112
8.3.6  Italy 114
8.3.7  Russia 116
8.3.8  Rest  of  European  Market 118
8.4  Asia-Pacific  Market  2019-2030  by  Country 120
8.4.1  Overview  of  Asia-Pacific  Market 120
8.4.2  Japan 124
8.4.3  China 127
8.4.4  Australia 129
8.4.5  India 131
8.4.6  South  Korea 133
8.4.7  Rest  of  APAC  Region 135
8.5  South  America  Market  2019-2030  by  Country 137
8.5.1  Argentina 141
8.5.2  Brazil 143
8.5.3  Chile 145
8.5.4  Rest  of  South  America  Market 147
8.6  MEA  Market  2019-2030  by  Country 148
8.6.1  UAE 152
8.6.2  Saudi  Arabia 154
8.6.3  South  Africa 156
8.6.4  Other  National  Markets 158
9  Competitive  Landscape 159
9.1  Overview  of  Key  Vendors 159
9.2  New  Product  Launch,  Partnership,  Investment,  and  M&A 162
9.3  Company  Profiles 163
Bridgestone  Corporation 163
Continental  AG 165
Hankook  Tire  &  Technology  Co.,  Ltd. 166
Infineon  Technologies  AG 167
JK  Tyres  &  Industries  Ltd. 168
Michelin  Group 169
Nexen  Tire  Corporation 170
Nokian  Tyres  Plc. 171
NXP  Semiconductors 172
Pirelli  &  C.  S.p.A 173
Revvo  Technologies,  Inc. 174
Schrader  TPMS  Solutions 175
Sumitomo  Rubber  Industries,  Ltd. 176
The  Goodyear  Tire  &  Rubber  Co. 177
The  Yokohama  Rubber  Company,  Limited 178
Toyo  Tire  Corporation 179
Yokohama  Rubber  Co.,  Ltd. 180
RELATED  REPORTS 181
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