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

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 Category: Automotive and Transportation
SKU: PMR-119665  Published Date: 2023-09-04   Pages:206   Delivery Format:


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Market Executive Summary

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.)


Table of Contents

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


List of Figures

List of Tables:

Table 1. Snapshot of Global Automotive Smart Tire Market in Balanced Perspective, 2019-2030 20
Table 2. World Economic Outlook, 2021-2031 26
Table 3. World Economic Outlook, 2021-2023 27
Table 4. Scenarios for Economic Impact of Ukraine Crisis 31
Table 5. Association for Automotive Tire Industry by Country 37
Table 6. Main Product Trends and Market Opportunities in Global Automotive Smart Tire Market 43
Table 7. Global Automotive Smart Tire Market by Product, 2019-2030, $ mn 51
Table 8. Global Automotive Smart Tire Market by Product, 2019-2030, million units 51
Table 9. Global Automotive Smart Tire Market by Sensor, 2019-2030, $ mn 58
Table 10. Global Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn 64
Table 11. Global Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 69
Table 12. Global Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units 69
Table 13. Global Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn 76
Table 14. Global Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units 76
Table 15. Global Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 83
Table 16. Global Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units 83
Table 17. Global Automotive Smart Tire Market by Region, 2019-2030, $ mn 91
Table 18. Global Automotive Smart Tire Market by Region, 2019-2030, million units 92
Table 19. Leading National Automotive Smart Tire Market, 2019 and 2030F, $ mn 94
Table 20. North America Automotive Smart Tire Market by Country, 2019-2030, $ mn 97
Table 21. North America Automotive Smart Tire Market by Country, 2019-2030, million units 98
Table 22. U.S. Automotive Smart Tire Market by Product, 2019-2030, $ mn 101
Table 23. U.S. Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 101
Table 24. U.S. Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 101
Table 25. Canada Automotive Smart Tire Market by Product, 2019-2030, $ mn 103
Table 26. Canada Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 103
Table 27. Canada Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 103
Table 28. Mexico Automotive Smart Tire Market by Product, 2019-2030, $ mn 105
Table 29. Mexico Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 105
Table 30. Mexico Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 105
Table 31. Europe Automotive Smart Tire Market by Country, 2019-2030, $ mn 108
Table 32. Europe Automotive Smart Tire Market by Country, 2019-2030, million units 109
Table 33. Germany Automotive Smart Tire Market by Product, 2019-2030, $ mn 111
Table 34. Germany Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 111
Table 35. Germany Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 111
Table 36. U.K. Automotive Smart Tire Market by Product, 2019-2030, $ mn 113
Table 37. U.K. Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 113
Table 38. U.K. Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 113
Table 39. France Automotive Smart Tire Market by Product, 2019-2030, $ mn 115
Table 40. France Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 115
Table 41. France Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 115
Table 42. Spain Automotive Smart Tire Market by Product, 2019-2030, $ mn 117
Table 43. Spain Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 117
Table 44. Spain Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 117
Table 45. Italy Automotive Smart Tire Market by Product, 2019-2030, $ mn 119
Table 46. Italy Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 119
Table 47. Italy Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 119
Table 48. Russia Automotive Smart Tire Market by Product, 2019-2030, $ mn 121
Table 49. Russia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 121
Table 50. Russia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 121
Table 51. Automotive Smart Tire Market in Rest of Europe by Country, 2019-2030, $ mn 123
Table 52. APAC Automotive Smart Tire Market by Country, 2019-2030, $ mn 126
Table 53. APAC Automotive Smart Tire Market by Country, 2019-2030, million units 127
Table 54. Japan Automotive Smart Tire Market by Product, 2019-2030, $ mn 130
Table 55. Japan Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 130
Table 56. Japan Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 130
Table 57. China Automotive Smart Tire Market by Product, 2019-2030, $ mn 132
Table 58. China Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 132
Table 59. China Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 132
Table 60. Australia Automotive Smart Tire Market by Product, 2019-2030, $ mn 134
Table 61. Australia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 134
Table 62. Australia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 134
Table 63. India Automotive Smart Tire Market by Product, 2019-2030, $ mn 136
Table 64. India Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 136
Table 65. India Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 136
Table 66. South Korea Automotive Smart Tire Market by Product, 2019-2030, $ mn 138
Table 67. South Korea Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 138
Table 68. South Korea Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 138
Table 69. Automotive Smart Tire Market in Rest of APAC by Country/Region, 2019-2030, $ mn 140
Table 70. South America Automotive Smart Tire Market by Country, 2019-2030, $ mn 143
Table 71. South America Automotive Smart Tire Market by Country, 2019-2030, million units 144
Table 72. Argentina Automotive Smart Tire Market by Product, 2019-2030, $ mn 146
Table 73. Argentina Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 146
Table 74. Argentina Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 146
Table 75. Brazil Automotive Smart Tire Market by Product, 2019-2030, $ mn 148
Table 76. Brazil Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 148
Table 77. Brazil Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 148
Table 78. Chile Automotive Smart Tire Market by Product, 2019-2030, $ mn 150
Table 79. Chile Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 150
Table 80. Chile Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 150
Table 81. MEA Automotive Smart Tire Market by Country, 2019-2030, $ mn 154
Table 82. MEA Automotive Smart Tire Market by Country, 2019-2030, million units 155
Table 83. UAE Automotive Smart Tire Market by Product, 2019-2030, $ mn 157
Table 84. UAE Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 157
Table 85. UAE Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 157
Table 86. Saudi Arabia Automotive Smart Tire Market by Product, 2019-2030, $ mn 159
Table 87. Saudi Arabia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 159
Table 88. Saudi Arabia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 159
Table 89. South Africa Automotive Smart Tire Market by Product, 2019-2030, $ mn 161
Table 90. South Africa Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 161
Table 91. South Africa Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 161
Table 92. Bridgestone Corporation: Company Snapshot 167
Table 93. Bridgestone Corporation: Business Segmentation 167
Table 94. Bridgestone Corporation: Product Portfolio 168
Table 95. Continental AG: Company Snapshot 169
Table 96. Continental AG: Business Segmentation 171
Table 97. Continental AG: Revenue by Region, 2019, % 171
Table 98. Continental AG: Product Portfolio of Automotive Smart Tire 172
Table 99. Hankook Tire & Technology Co., Ltd.: Company Snapshot 174
Table 100. Hankook Tire & Technology Co., Ltd.: Product Portfolio of Automotive Smart Tire 175
Table 101. Infineon Technologies AG: Company Snapshot 176
Table 102. Infineon Technologies AG: Revenue Distribution by Business Segment in 2020 177
Table 103. Infineon Technologies AG: Revenue Distribution by Region in 2020 177
Table 104. Infineon Technologies AG: Product Portfolio of Automotive Smart Tire 178
Table 105. JK Tyres & Industries Ltd.: Company Snapshot 179
Table 106. JK Tyres & Industries Ltd.: Product Portfolio of Automotive Smart Tire 180
Table 107. Michelin Group: Company Snapshot 181
Table 108. Michelin Group: Product Portfolio of Automotive Smart Tire 182
Table 109. Nexen Tire Corporation: Company Snapshot 184
Table 110. Nokian Tyres Plc.: Company Snapshot 185
Table 111. Nokian Tyres Plc.: Product Portfolio of Automotive Smart Tire 186
Table 112. NXP Semiconductors N.V.: Company Snapshot 187
Table 113. NXP Semiconductors N.V.: Revenue Distribution by Business Segment in 2020 188
Table 114. NXP Semiconductors N.V.: Revenue Distribution by Region in 2020 188
Table 115. NXP Semiconductors N.V.: Product Portfolio of Automotive Smart Tire 188
Table 116. Pirelli & C. S.p.A: Company Snapshot 190
Table 117. Pirelli & C. S.p.A: Product Portfolio of Automotive Smart Tire 191
Table 118. Revvo Technologies, Inc.: Company Snapshot 193
Table 119. Revvo Technologies, Inc.: Product Portfolio of Automotive Smart Tire 194
Table 120. Schrader TPMS Solutions: Company Snapshot 195
Table 121. Schrader TPMS Solutions: Product Portfolio of Automotive Smart Tire 196
Table 122. Sumitomo Rubber Industries, Ltd.: Company Snapshot 197
Table 123. Sumitomo Rubber Industries, Ltd.: Product Portfolio of Automotive Smart Tire 198
Table 124. The Goodyear Tire & Rubber Co.: Company Snapshot 199
Table 125. The Goodyear Tire & Rubber Co.: Product Portfolio of Automotive Smart Tire 200
Table 126. The Yokohama Rubber Company, Limited: Company Snapshot 202
Table 127. The Yokohama Rubber Company, Limited: Product Portfolio of Automotive Smart Tire 203
Table 128. Toyo Tire Corporation: Company Snapshot 204
Table 129. Toyo Tire Corporation: Product Portfolio of Automotive Smart Tire 205

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