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Global Automotive Smart Tire Market


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

Report code: SDMRAU1688794 | Industry: Automotive Smart Tire | Published On: 2023-03-09


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
RELATED  REPORTS 206
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