Published Year: 2019
Global Automotive Intelligent Tire and Sensor Market: Focus on Sales Channel, Vehicle Type, and Geog
The Automotive Intelligent Tire and Sensor Industry Analysis by BIS Research projects the...
Market Research Report
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Table of Contents
1.1 Industry Outlook
1.1.1 Smart Tire: Overview
1.1.1.1 Timeline: Evolution of the Tire Industry
1.1.1.2 Emergence of Smart Tire
1.1.2 Ecosystem Participants
1.1.3 Futuristic Trends
1.1.3.1 Energy Harvesting in Tires for Next-Generation Autonomous Vehicles
1.1.3.2 Green Tire
1.1.3.3 Self-Inflating Tire
1.1.3.4 Multi-Chamber Tire
1.1.3.5 Shape-Shifting Tire
1.1.4 Consortiums, Associations and Regulatory Bodies
1.1.5 Supply Chain Analysis
1.1.6 Value Chain Analysis
1.1.7 Patent Analysis
1.1.7.1 Introduction
1.1.7.2 Patent Landscape
1.1.7.3 Patent Landscape: Connected Tire
1.1.7.4 Patent Landscape: Green Tire
1.1.7.5 Patent Landscape: Chip-Embedded Tire
1.1.7.6 Patent Landscape: Self-Inflating Tire
1.1.7.7 Patent Landscape: Multi-Air Chamber Tire
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Increasing Concerns Regarding Environment and Vehicle Safety
1.2.1.2 Rising Adoption of 5G Technology in Smart Tires
1.2.1.3 Advancements in Fleet Management Solutions Through Smart Tires
1.2.1.4 Usage of Smart Tires in Platooning Systems
1.2.2 Business Challenges
1.2.2.1 Short-Term Challenges
1.2.2.1.1 Impact of Coronavirus Disease (COVID-19) on Automotive Smart Tire Market
1.2.2.1.2 Impact of COVID-19 on Raw Material Providers
1.2.2.1.3 Impact of COVID-19 on Tire Sensor Providers
1.2.2.2 Long-Term Challenges
1.2.2.2.1 Lack of Standardization and Commercialization of Smart Tires
1.2.2.2.2 Reliability Issues Faced by Smart Tire Sensors
1.2.2.2.3 Lower Adoption Rate of Automotive Smart Tires in Passenger Vehicles
1.2.3 Business Strategies
1.2.3.1 Product Developments and Innovations
1.2.3.2 Market Developments
1.2.4 Corporate Strategies
1.2.4.1 Partnerships, Collaborations, Mergers and Acquisitions, and Joint Ventures
1.2.5 Business Opportunities
1.2.5.1 Surging Demand for Autonomous Vehicles and Highly Automated Driving
1.2.5.2 Use of Intelligent Tires in Platooning Systems
1.2.5.3 Implementation of 3D Printing Techniques for Automotive Smart Tires
2.1 Application and Specification
2.1.1 Passenger Vehicle
2.1.2 Commercial Vehicle
2.2 Demand Analysis of Automotive Smart Tire (by Application)
2.2.1 Passenger Vehicle
2.2.1.1 Demand Analysis of Passenger Vehicle Smart Tire Market (by Region)
2.2.2 Commercial Vehicle
2.2.2.1 Demand Analysis of Commercial Vehicle Smart Tire Market (by Region)
3.1 Global Automotive Smart Tire Market (by Product)
3.1.1 Connected Tire
3.1.2 Intelligent Tire (TPMS)
3.2 Demand Analysis of Automotive Smart Tire (by Product)
3.2.1 Connected Tire
3.2.2 Intelligent Tire (TPMS)
3.2.3 Demand Analysis of Automotive Smart Tire Market (by Product)
3.3 Global Automotive Smart Tire Market (by Sensor Type)
3.3.1 TPMS
3.3.2 RFID Chip
3.3.3 Accelerometer Sensor
3.3.4 Strain Gauge Sensor
3.3.5 Others
3.4 Demand Analysis of Automotive Smart Tire Market (by Sensors)
3.5 Demand Analysis of Global Automotive Smart Tire Market (by Mode of Sales)
3.5.1 Original Equipment Manufacturer (OEM)
3.5.2 Aftermarket
3.6 Qualitative Analysis of Automotive Smart Tire Market (by Engineering)
3.6.1 Pneumatic Tire
3.6.2 Run-Flat Tire
3.6.3 Non-Pneumatic Tire
4.1 North America
4.1.1 Market
4.1.1.1 Key Manufacturers and Suppliers in North America
4.1.1.2 Business Drivers
4.1.1.3 Business Challenges
4.1.2 Application
4.1.2.1 North America Automotive Smart Tire Market (by Application)
4.1.3 Product
4.1.3.1 North America Automotive Smart Tire Market (by Sensor)
4.1.3.2 North America Automotive Smart Tire Market (by Product)
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Manufacturers and suppliers in the U.S.:
4.1.4.1.1.3 Business Challenges
4.1.4.1.1.4 Business Drivers
4.1.4.1.2 Application
4.1.4.1.2.1 U.S. Automotive Smart Tire Market (by Application)
4.1.4.1.3 Product
4.1.4.1.3.1 U.S. Automotive Smart Tire Market (by Product)
4.1.4.1.3.2 U.S. Automotive Smart Tire Market (by Sensor)
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Manufacturers in Canada
4.1.4.2.1.3 Business Challenges
4.1.4.2.1.4 Business Drivers
4.1.4.2.2 Application
4.1.4.2.2.1 Canada Automotive Smart Tire Market (by Application)
4.1.4.2.3 Product
4.1.4.2.3.1 Canada Automotive Smart Tire Market (by Product)
4.1.4.2.3.2 Canada Automotive Smart Tire Market (by Sensor)
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Manufacturers in Mexico
4.1.4.3.1.3 Business Challenges
4.1.4.3.1.4 Business Drivers
4.1.4.3.2 Application
4.1.4.3.2.1 Mexico Automotive Smart Tire Market (by Application)
4.1.4.3.3 Product
4.1.4.3.3.1 Mexico Automotive Smart Tire Market (by Product)
4.1.4.3.3.2 Mexico Automotive Smart Tire Market (by Sensor)
4.2 South America
4.2.1 Market
4.2.1.1 Key Manufacturers and Suppliers in South America
4.2.1.2 Business Drivers
4.2.1.3 Business Challenges
4.2.2 Application
4.2.2.1 South America Automotive Smart Tire Market (by Application)
4.2.3 Product
4.2.3.1 South America Automotive Smart Tire Market (by Sensor)
4.2.3.2 South America Automotive Smart Tire Market (by Product)
4.3 Europe
4.3.1 Market
4.3.1.1 Key Manufacturers and Suppliers in Europe
4.3.1.2 Business Drivers
4.3.1.3 Business Challenges
4.3.2 Application
4.3.2.1 Europe Automotive Smart Tire Market (by Application)
4.3.3 Product
4.3.3.1 Europe Automotive Smart Tire Market (by Sensor)
4.3.3.2 Europe Automotive Smart Tire Market (by Product)
4.3.4 Europe (by Country)
4.3.4.1 Germany
4.3.4.1.1 Market
4.3.4.1.1.1 Buyer Attributes
4.3.4.1.1.2 Key Manufacturers in Germany
4.3.4.1.1.3 Business Challenges
4.3.4.1.1.4 Business Drivers
4.3.4.1.2 Application
4.3.4.1.2.1 Germany Automotive Smart Tire Market (by Application)
4.3.4.1.3 Product
4.3.4.1.3.1 Germany Automotive Smart Tire Market (by Product)
4.3.4.1.3.2 Germany Automotive Smart Tire Market (by Sensor)
4.3.4.2 France
4.3.4.2.1 Market
4.3.4.2.1.1 Buyer Attributes
4.3.4.2.1.2 Key Manufacturers in France
4.3.4.2.1.3 Business Challenges
4.3.4.2.1.4 Business Drivers
4.3.4.2.2 Application
4.3.4.2.2.1 France Automotive Smart Tire Market (by Application)
4.3.4.2.3 Product
4.3.4.2.3.1 France Automotive Smart Tire Market (by Product)
4.3.4.2.3.2 France Automotive Smart Tire Market (by Sensor)
4.3.4.3 Spain
4.3.4.3.1 Market
4.3.4.3.1.1 Buyer Attributes
4.3.4.3.1.2 Key Manufacturers in Spain
4.3.4.3.1.3 Business Challenges
4.3.4.3.1.4 Business Drivers
4.3.4.3.2 Application
4.3.4.3.2.1 Spain Automotive Smart Tire Market (by Application)
4.3.4.3.3 Product
4.3.4.3.3.1 Spain Automotive Smart Tire Market (by Product)
4.3.4.3.3.2 Spain Automotive Smart Tire Market (by Sensor)
4.3.4.4 Rest-of-Europe
4.3.4.4.1 Market
4.3.4.4.2 Application
4.3.4.4.2.1 Rest-of-Europe Automotive Smart Tire Market (by Application)
4.3.4.4.3 Product
4.3.4.4.3.1 Rest-of-Europe Automotive Smart Tire Market (by Product)
4.3.4.4.3.2 Rest-of-Europe Automotive Smart Tire Market (by Sensor)
4.4 U.K.
4.4.1 Market
4.4.1.1 Buyer Attributes
4.4.1.2 Key Manufacturers in the U.K.
4.4.1.3 Business Challenges
4.4.1.4 Business Drivers
4.4.2 Application
4.4.2.1 U.K. Automotive Smart Tire Market (by Application)
4.4.3 Product
4.4.3.1 U.K. Automotive Smart Tire Market (by Sensor)
4.4.3.2 U.K. Automotive Smart Tire Market (by Product)
4.5 Middle East and Africa
4.5.1 Market
4.5.1.1 Key Manufacturers and Suppliers in the Middle East and Africa
4.5.1.2 Business Drivers
4.5.1.3 Business Challenges
4.5.2 Application
4.5.2.1 Middle East and Africa Automotive Smart Tire Market (by Application)
4.5.3 Product
4.5.3.1 Middle East and Africa Automotive Smart Tire Market (by Sensor)
4.5.3.2 Middle East and Africa Automotive Smart Tire Market (by Product)
4.6 China
4.6.1 Market
4.6.1.1 Buyer Attributes
4.6.1.2 Key Manufacturers in China
4.6.1.3 Business Challenges
4.6.1.4 Business Drivers
4.6.2 Application
4.6.2.1 China Automotive Smart Tire Market (by Application)
4.6.3 Product
4.6.3.1 China Automotive Smart Tire Market (by Sensor)
4.6.3.2 China Automotive Smart Tire Market (by Product)
4.7 Asia-Pacific and Japan (APJ)
4.7.1 Market
4.7.1.1 Key Manufacturers and Suppliers in Asia-Pacific and Japan
4.7.1.2 Business Drivers
4.7.1.3 Business Challenges
4.7.2 Application
4.7.2.1 Asia-Pacific and Japan Automotive Smart Tire Market (by Application)
4.7.3 Product
4.7.3.1 Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor)
4.7.3.2 Asia-Pacific and Japan Automotive Smart Tire Market (by Product)
4.7.4 Asia-Pacific and Japan (by Country)
4.7.4.1 Japan
4.7.4.1.1 Market
4.7.4.1.1.1 Buyer Attributes
4.7.4.1.1.2 Key Manufacturers in Japan
4.7.4.1.1.3 Business Challenges
4.7.4.1.1.4 Business Drivers
4.7.4.1.2 Application
4.7.4.1.2.1 Japan Automotive Smart Tire Market (by Application)
4.7.4.1.3 Product
4.7.4.1.3.1 Japan Automotive Smart Tire Market (by Product)
4.7.4.1.3.2 Japan Automotive Smart Tire Market (by Sensor)
4.7.4.2 India
4.7.4.2.1 Market
4.7.4.2.1.1 Buyer Attributes
4.7.4.2.1.2 Key Manufacturers in India
4.7.4.2.1.3 Business Challenges
4.7.4.2.1.4 Business Drivers
4.7.4.2.2 Application
4.7.4.2.2.1 India Automotive Smart Tire Market (by Application)
4.7.4.2.3 Product
4.7.4.2.3.1 India Automotive Smart Tire Market (by Product)
4.7.4.2.3.2 India Automotive Smart Tire Market (by Sensor)
4.7.4.3 South Korea
4.7.4.3.1 Market
4.7.4.3.1.1 Buyer Attributes
4.7.4.3.1.2 Key Manufacturers and suppliers in South Korea
4.7.4.3.1.3 Business Challenges
4.7.4.3.1.4 Business Drivers
4.7.4.3.2 Application
4.7.4.3.2.1 South Korea Automotive Smart Tire Market (by Application)
4.7.4.3.3 Product
4.7.4.3.3.1 South Korea Automotive Smart Tire Market (by Product)
4.7.4.3.3.2 South Korea Automotive Smart Tire Market (by Sensor)
4.7.4.4 Rest-of-Asia-Pacific and Japan
4.7.4.4.1 Market
4.7.4.4.2 Application
4.7.4.4.2.1 Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Application)
4.7.4.4.3 Product
4.7.4.4.3.1 Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Product)
4.7.4.4.3.2 Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor)
5.1 Competitive Benchmarking
5.2 Continental AG
5.2.1 Company Overview
5.2.1.1 Role of Continental AG in Global Automotive Smart Tire Market
5.2.1.2 Product Portfolio
5.2.1.3 Production Sites
5.2.2 Business Strategies
5.2.2.1 Product Developments
5.2.2.2 Market Developments
5.2.3 Corporate Strategies
5.2.3.1 Partnership and Collaboration
5.2.4 Strength and Weakness of Continental AG
5.2.5 R&D Analysis
5.3 Bridgestone Corporation
5.3.1 Company Overview
5.3.1.1 Role of Bridgestone Corporation in Global Automotive Smart Tire Market
5.3.1.2 Product Portfolio
5.3.1.3 Production Sites
5.3.2 Business Strategies
5.3.2.1 Product Developments
5.3.3 Corporate Strategies
5.3.3.1 Merger and Acquisition
5.3.4 Strength and Weakness of Bridgestone Corporation
5.3.5 R&D Analysis
5.4 Michelin
5.4.1 Company Overview
5.4.1.1 Role of Michelin Corporation in Global Automotive Smart Tire Market
5.4.1.2 Product Portfolio
5.4.1.3 Production Sites
5.4.2 Business Strategies
5.4.2.1 Product Developments
5.4.3 Corporate Strategies
5.4.3.1 Partnership and Collaboration
5.4.4 Strength and Weakness of Michelin
5.4.5 R&D Analysis
5.5 The Goodyear Tire & Rubber Co.
5.5.1 Company Overview
5.5.1.1 Role of The Goodyear Tire & Rubber Co. in Global Automotive Smart Tire Market
5.5.1.2 Product Portfolio
5.5.1.3 Production Sites
5.5.2 Business Strategies
5.5.2.1 Product Developments
5.5.2.2 Market Developments
5.5.3 Corporate Strategies
5.5.3.1 Partnership and Collaboration
5.5.4 Strength and Weakness of The Goodyear Tire & Rubber Co.
5.5.5 R&D Analysis
5.6 Pirelli & C. S.p.A
5.6.1 Company Overview
5.6.1.1 Role of Pirelli & C. S.p.A in Global Automotive Smart Tire Market
5.6.1.2 Product Portfolio
5.6.1.3 Production Sites
5.6.2 Business Strategies
5.6.2.1 Product Developments
5.6.3 Corporate Strategies
5.6.3.1 Partnership and Collaboration
5.6.4 Strength and Weakness of Pirelli & C. S.p.A
5.6.5 R&D Analysis
5.7 The Yokohama Rubber Company, Limited
5.7.1 Company Overview
5.7.1.1 Role of The Yokohoma Rubber Company, Limited in Global Automotive Smart Tire Market
5.7.1.2 Product Portfolio
5.7.1.3 Production Sites
5.7.2 Corporate Strategies
5.7.2.1 Partnership and Collaboration
5.7.3 Strength and Weakness of The Yokohoma Rubber Company, Limited
5.7.4 R&D Analysis
5.8 Hankook Tire & Technology Co., Ltd.
5.8.1 Company Overview
5.8.1.1 Role of Hankook Tire & Technology Co., Ltd. in Global Automotive Smart Tire Market
5.8.1.2 Product Portfolio
5.8.1.3 Production Sites
5.8.2 Business Strategies
5.8.2.1 Product Developments
5.8.3 Corporate Strategies
5.8.3.1 Partnerships and Collaborations
5.8.4 Strength and Weakness of Hankook Tire & Technology Co., Ltd.
5.8.5 R&D Analysis
5.9 Nokian Tyres Plc.
5.9.1 Company Overview
5.9.1.1 Role of Nokian Tyres Plc. in Global Automotive Smart Tire Market
5.9.1.2 Product Portfolio
5.9.1.3 Production Sites
5.9.2 Business Strategies
5.9.2.1 Product Developments
5.9.2.2 Market Developments
5.9.3 Strength and Weakness of Nokian Tyres Plc
5.9.4 R&D Analysis
5.10 Toyo Tire Corporation
5.10.1 Company Overview
5.10.1.1 Role of Toyo Tire Corporation in Global Automotive Smart Tire Market
5.10.1.2 Product Portfolio
5.10.1.3 Production Sites
5.10.2 Business Strategies
5.10.2.1 Product Developments
5.10.2.2 Market Developments
5.10.3 Strength and Weakness of Toyo Tire Corporation
5.10.4 R&D Analysis
5.11 Sumitomo Rubber Industries, Ltd.
5.11.1 Company Overview
5.11.1.1 Role of Sumitomo Rubber Industries, Ltd. In Global Automotive Smart Tire Market
5.11.1.2 Product Portfolio
5.11.1.3 Production Sites
5.11.2 Business Strategies
5.11.2.1 Product Developments
5.11.3 Corporate Strategies
5.11.3.1 Partnerships and Collaborations
5.11.4 Strength and Weakness of Sumitomo Rubber Industries, Ltd.
5.11.5 R&D Analysis
5.12 JK Tyres & Industries Ltd.
5.12.1 Company Overview
5.12.1.1 Role of JK Tyres & Industries Ltd. in Global Automotive Smart Tire Market
5.12.1.2 Product Portfolio
5.12.1.3 Production Sites
5.12.2 Business Strategies
5.12.2.1 Product Developments
5.12.3 Strength and Weakness of JK Tyres & Industries Ltd
5.12.4 R&D Analysis
5.13 Revvo Technologies, Inc.
5.13.1 Company Overview
5.13.1.1 Role of Revvo Technologies, Inc. in Global Automotive Smart Tire Market
5.13.1.2 Product Portfolio
5.13.2 Business Strategies
5.13.2.1 Market Developments
5.13.3 Strength and Weakness of Revvo Technologies, Inc.
5.14 NXP Semiconductors
5.14.1 Company Overview
5.14.2 Role of NXP Semiconductors in Global Automotive Smart Tire Market
5.14.3 Product Portfolio
5.14.4 Strength and Weakness of NXP Semiconductors.
5.14.5 R&D Analysis
5.15 Schrader TPMS Solutions
5.15.1 Company Overview
5.15.2 Role of Schrader TPMS Solutions in Global Automotive Smart Tire Market
5.15.3 Product Portfolio
5.15.4 Business Strategies
5.15.4.1 Business Developments
5.15.5 Strength and Weakness of Schrader TPMS Solutions
5.16 Infineon Technologies AG
5.16.1 Company Overview
5.16.2 Role of Infineon Technologies AG in Global Automotive Smart Tire Market
5.16.3 Product Portfolio
5.16.4 Strength and Weakness of Schrader TPMS Solutions
5.16.5 R&D Analysis
5.17 List of Other Key Players
Research Methodology
Table 1: Consortiums, Associations and Regulatory Bodies for Automotive Industry
Table 2: Association for Automotive Tire Industry
Table 3: Global Passenger Vehicle Smart Tire Market (by Region), $Million, 2020-2026
Table 4: Global Commercial Vehicle Smart Tire Market (by Region), $Million, 2020-2026
Table 5: Global Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 6: Global Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 7: Global Automotive Smart Tire Market (by Sensors), Million Units, 2020-2026
Table 8: Global Automotive Smart Tire Market (by Sensors), $Million, 2020-2026
Table 9: Global Automotive Smart Tire Market (by Mode of Sales), Million Units, 2020-2026
Table 10: Global Automotive Smart Tire Market (by Mode of Sales), $Million, 2020-2026
Table 11: Global Automotive Smart Tire Market (by Region), Million Units, 2020-2026
Table 12: Global Automotive Smart Tire Market (by Region), $Million, 2020-2026
Table 13: North America Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 14: North America Smart Tire Market (by Application), $Million, 2020-2026
Table 15: North America Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 16: North America Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 17: North America Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 18: North America Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 19: U.S. Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 20: U.S. Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 21: U.S. Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 22: U.S. Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 23: U.S. Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 24: U.S. Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 25: Canada Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 26: Canada Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 27: Canada Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 28: Canada Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 29: Canada Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 30: Canada Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 31: Mexico Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 32: Mexico Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 33: Mexico Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 34: Mexico Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 35: Mexico Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 36: Mexico Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 37: South America Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 38: South America Smart Tire Market (by Application), $Million, 2020-2026
Table 39: South America Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 40: South America Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 41: South America Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 42: South America Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 43: Europe Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 44: Europe Smart Tire Market (by Application), $Million, 2020-2026
Table 45: Europe Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 46: Europe Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 47: North America Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 48: Europe Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 49: Germany Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 50: Germany Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 51: Germany Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 52: Germany Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 53: Germany Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 54: Germany Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 55: France Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 56: France Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 57: France Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 58: France Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 59: France Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 60: France Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 61: Spain Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 62: Spain Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 63: Spain Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 64: Spain Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 65: Spain Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 66: Spain Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 67: Rest-of-Europe Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 68: Rest-of-Europe Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 69: Rest-of-Europe Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 70: Rest-of-Europe Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 71: Rest-of-Europe Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 72: Rest-of-Europe Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 73: U.K. Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 74: U.K. Smart Tire Market (by Application), $Million, 2020-2026
Table 75: U.K. Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 76: U.K. Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 77: U.K. Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 78: U.K. Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 79: Middle East and Africa Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 80: Middle East and Africa Smart Tire Market (by Application), $Million, 2020-2026
Table 81: Middle East and Africa Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 82: Middle East and Africa Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 83: Middle East and Africa Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 84: Middle East and Africa Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 85: China Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 86: China Smart Tire Market (by Application), $Million, 2020-2026
Table 87: China Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 88: China Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 89: China Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 90: China Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 91: Asia-Pacific and Japan Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 92: Asia-Pacific and Japan Smart Tire Market (by Application), $Million, 2020-2026
Table 93: Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 94: Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 95: Asia-Pacific and Japan Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 96: Asia-Pacific and Japan Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 97: Japan Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 98: Japan Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 99: Japan Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 100: Japan Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 101: Japan Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 102: Japan Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 103: India Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 104: India Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 105: India Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 106: India Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 107: India Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 108: India Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 109: South Korea Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 110: South Korea Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 111: South Korea Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 112: South Korea Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 113: South Korea Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 114: South Korea Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 115: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Application), Million Units, 2020-2026
Table 116: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Application), $Million, 2020-2026
Table 117: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Product), Million Units, 2020-2026
Table 118: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Product), $Million, 2020-2026
Table 119: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor), Million Units, 2020-2026
Table 120: Rest-of-Asia-Pacific and Japan Automotive Smart Tire Market (by Sensor), $Million, 2020-2026
Table 121: Benchmarking and Weightage Parameters
Table 122: Smart Tire Players, Benchmarking Score
Table 123: Continental AG: Product Portfolio
Table 124: Product Developments
Table 125: Market Developments
Table 126: Partnership and Collaboration
Table 127: Bridgestone Corporation: Product Portfolio
Table 128: Product Developments
Table 129: Merger and Acquisition
Table 130: Michelin: Product Portfolio
Table 131: Product Developments
Table 132: Partnership and Collaboration
Table 133: The Goodyear Tire & Rubber Co.: Product Portfolio
Table 134: Product Developments
Table 135: Market Developments
Table 136: Partnership and Collaboration
Table 137: Pirelli & C. S.p.A: Product Portfolio
Table 138: Product Developments
Table 139: Partnership and Collaboration
Table 140: The Yokohoma Rubber Company, Limited: Product Portfolio
Table 141: Partnership and Collaboration
Table 142: Hankook Tire & Technology Co., Ltd.: Product Portfolio
Table 143: Product Developments
Table 144: Partnerships and Collaborations
Table 145: Nokian Tyres Plc.: Product Portfolio
Table 146: Product Developments
Table 147: Market Developments
Table 148: Toyo Tire Corporation: Product Portfolio
Table 149: Product Developments
Table 150: Market Developments
Table 151: Sumitomo Rubber Industries, Ltd.: Product Portfolio
Table 152: Product Developments
Table 153: Partnerships and Collaborations
Table 154: JK Tyres & Industries Ltd.: Product Portfolio
Table 155: Revvo Technologies, Inc.: Product Portfolio
Table 156: Market Developments
Table 157: NXP Semiconductors: Product Portfolio
Table 158: Schrader TPMS Solutions: Product Portfolio
Table 159: Business Developments
Table 160: Infineon Technologies AG: Product Portfolio
Table 161: List of Other Key Players in the Ecosystem
Figure 1: Global TPMS Regulations
Figure 2: Global Automotive Smart Tire Market, $Billion, 2020-2026
Figure 3: Global Smart Tire Market (by Application), $Billion, 2020-2026
Figure 4: Global Automotive Smart Tire Market (by Product), $Billion, 2020-2026
Figure 5: Global Automotive Smart Tire Market (by Sensor), $Billion, 2020-2026
Figure 6: Global Automotive Smart Tire Market (by Region), $Billion, 2020
Figure 7: Global Automotive Smart Tire Market Coverage
Figure 8: Ecosystem: Automotive Industry
Figure 9: Supply Chain Analysis
Figure 10: Value Chain Analysis of Global Automotive Smart Tire Market
Figure 11: Patent Landscape: Smart Tire
Figure 12: Patent Landscape: Connected Tire
Figure 13: Patent Landscape: Green Tire
Figure 14: Patent Landscape: Chip-Embedded Tire
Figure 15: Patent Landscape: Self-Inflating Tire
Figure 16: Patent Landscape: Multi-Air Chamber Tire
Figure 17: Global Automotive Smart Tire Market, Business Dynamics
Figure 18: Share of Key Market Strategies and Developments, 2017-2021
Figure 19: Product Developments and Innovations (by Company), 2017-2021
Figure 20: Business Expansions and Investments (by Company), 2017-2021
Figure 21: Partnerships, Collaborations, Mergers and Acquisitions, and Joint Ventures (by Company), 2017-2021
Figure 22: Global Automotive Smart Tire Market (by Vehicle Type)
Figure 23: Global Passenger Vehicle Smart Tire Market, $Billion and Million Units, 2020-2026
Figure 24: Global Commercial Vehicle Smart Tire Market, $Billion and Million Units, 2020-2026
Figure 25: Global Automotive Smart Tire Market (by Product)
Figure 26: Global Connected Tire Market, Million Units and $Billion, 2020-2026
Figure 27: Global Intelligent Tire Market, Million Units and $Billion, 2020-2026
Figure 28: Global Automotive Smart Tire Market (by Mode of Sales)
Figure 29: Global Automotive Smart Tire Market (by Engineering)
Figure 30: Continental AG, R&D (2018-2020)
Figure 31: Bridgestone Corporation, R&D (2017-2019)
Figure 32: Michelin, R&D (2017-2019)
Figure 33: The Goodyear Tire & Rubber Co., R&D (2017-2019)
Figure 34: Pirelli & C. S.p.A, R&D (2017-2019)
Figure 35: The Yokohoma Rubber Company, Limited, R&D (2017-2019)
Figure 36: Hankook Tire & Technology Co., Ltd., R&D (2017-2019)
Figure 37: Nokian Tyres Plc., R&D (2017-2019)
Figure 38: Toyo Tire Corporation, R&D (2017-2019)
Figure 39: Sumitomo Rubber Industries, Ltd., R&D (2017-2019)
Figure 40: JK Tyres & Industries Ltd., R&D (2017-2019)
Figure 41: Research Methodology
Figure 42: Top-Down and Bottom-Up Approach
Figure 43: Global Automotive Smart Tire Market Influencing Factors
Figure 44: Assumptions and Limitations
Market Report Coverage
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Automotive Smart Tire Market |
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|
Base Year |
2020 |
Market Size in 2020 |
$77.29 Billion |
|
Forecast Period |
2021-2026 |
Value Projection and Estimation by 2026 |
$110.39 Billion |
|
CAGR During Forecast Period |
6.20% |
Number of Tables |
161 |
|
Number of Pages |
207 |
Number of Figures |
44 |
|
Market Segmentation |
• Applications: commercial and passenger vehicle • Product: tires (connected tires and intelligent tires) and sensors (TPMS, RFID, strain gauge, accelerometer, and others) • Region: North America, South America, Europe, China, U.K., Middle East and Africa, and Asia-Pacific and Japan |
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Regional Segmentation |
• North America: U.S., Canada, and Mexico • South America • Europe: France, Germany, Spain, and Rest-of-Europe • Asia-Pacific and Japan (APJ) – Japan, India, South Korea, and Rest-of-Asia-Pacific and Japan • China • U.K. • Middle East and Africa |
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|
Market Growth Drivers |
• Stringent government regulations regarding environment and safety in vehicles • Rising adoption of 5G technology in smart tires • Advancements in fleet management solutions through smart tires |
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|
Market Challenges |
• Lack of standardization and commercialization of smart tires • Reliability issues faced by smart tires and tire sensors • Lesser adoption of smart tires in passenger vehicles |
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Market Opportunities |
• Surging demand for autonomous and connected vehicles • Usage of smart tires in platooning systems • Implementation of 3D printing techniques for smart tires |
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Key Companies Profiled |
Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Co., Pirelli & C. S.p.A, The Yokohama Rubber Company, Limited, Hankook Tire & Technology Co., Ltd., Nokian Tyres Plc., Toyo Tire Corporation, Sumitomo Rubber Industries, Ltd., JK Tyres & Industries Ltd., Revvo Technologies, Inc., NXP Semiconductors, Schrader TPMS Solutions, Infineon Technologies AG |
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How This Report Can Add Value
Business and Corporate Strategies: The automotive smart tire market is poised to grow over time, compelling companies to come up with collaborative strategies in order to sustain themselves in the intensely competitive market. Companies with identical product portfolios, with a need for additional resources, often partner and come together for joint venture programs, which helps them gain access to one another’s resources and facilitates them to achieve their objectives faster. Furthermore, such ventures result in companies making use of each other’s expertise. Additionally, tire manufacturers have turned toward collaborating with Internet of Things (IoT) service providers for the rapid development of their automotive smart tires. For instance, in March 2018, Continental and Vodafone partnered to deploy commercial fleets with Conti Connect systems.
Key questions answered in the Report
• Why should existing tire and sensor manufacturers consider venturing into the next-generation smart tire market, and what are the future growth opportunities?
• What are the key trends, market drivers, and opportunities in the market pertaining to automotive smart tires?
• What are the major restraints inhibiting the growth of the global automotive smart tire market?
• What kinds of new strategies are being adopted by the existing market players to expand their market position in demand generating developing and developed countries?
• Which are the promising companies that have obtained financial support to develop their products and markets?
• Which are the key companies in the market to source sensors for integrating them into smart tire products?
• How much revenue each of the segments is expected to record during the forecast period along with the growth percentage? Following are the segments:
o Product offerings, including (smart tires and sensors)
o Application, including passenger and commercial vehicles
o Region, including North America, South America, the U.K., Europe, Asia-Pacific and Japan, China, and the Middle East and Africa
• Which type of players and stakeholders are operating in the market ecosystem of the automotive smart tire, and what is their significance in the global market?
Report Summary
Global Automotive Smart Tire Market
Smart tires are new-generation tires equipped with various sensors and chips for transferring actual data about tire and road conditions to the driver via telematics and Bluetooth in different types of vehicle.
The growing trend of integrating advanced technologies and sensors in a vehicle, along with the increasing need for fleet management and asset tracking, has led to the demand for automotive smart tires. Smart tires constitute intelligent tires and connected tires. Intelligent tires, i.e., those embedded with TPMS sensors, are well known globally. However, there are only limited automotive smart tires that have been made commercially available to the vehicle manufacturers. Major commercial vehicle OEMs and fleet operators are eager to deploy automotive smart tires to enhance their fleet management solutions as well as get real-time tire monitoring for their platoons.
Global Automotive Smart Tire Industry Overview
The global automotive smart tire market is expected to reach $110.39 billion by 2026, with a CAGR of 6.20% from 2021 to 2026. The rapid advancements in the development and commercialization of connected and autonomous vehicles have led to the evolution of technology to develop several automotive components. As the trend to develop these next-generation vehicles is being realized in the industry, the reliance on traditional tires is expected to be replaced by the adoption of smart sensor-enabled tires.
Smart tires are enabling commercial vehicle manufacturers to manage and monitor their fleets through digital monitoring solutions. The increasing volume of commercial vehicles with time has allowed fleet operators to monitor several parameters such as fuel consumption and carbon emissions, leading to an increased demand for advanced tires that provide real-time monitoring of tire conditions.
Figure: Global Automotive Smart Tire Market, 2020 - 2026
Market Segmentation
Global Automotive Smart Tire Market by Sensor Type
This segment emphasizes the growth of each product (sensors) for smart tires during the forecast period. The study covers various types of traditional and next-generation sensors such as TPMS, RFID Chip, accelerometer sensors, and strain gauge sensors. Among these, TPMS sensors accounted for the largest market share in 2020 and continue to dominate the market in the given forecast period (2021-2026), driven by strong government and regulatory bodies' support.
Global Automotive Smart Tire Market by Application
The segment gives a brief overview of the market status of different applications of the product and key players offering products in those applications. Passenger vehicles are one of the major application areas for automotive smart tires. The rapid advancements in the development and commercialization of connected and autonomous vehicles have led to the evolution of technology for several automotive components. As the trend to develop these next-generation vehicles is being realized in the industry, the reliance on traditional tires is expected to be replaced by the adoption of connected and TPMS sensor-enabled tires.
Commercial vehicles include light commercial vehicles (LCVs) such as pick-up trucks, heavy buses, and heavy trucks. Smart tires are enabling commercial vehicle manufacturers to manage and monitor their fleets through digital monitoring solutions.
Key Market Players and Competition Synopsis
Some of the key players operating in the market, include Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber, Pirelli & C. S.p.A, The Yokohama Rubber Company, Limited, Hankook Tire & Technology Co., Ltd., Nokian Tyres Plc., Toyo Tire Corporation, Sumitomo Rubber Industries, Ltd., JK Tyres & Industries Ltd., Revo Technologies, Inc., NXP Semiconductors, Schrader TPMS Solutions, and Infineon Technologies AG.
The segment provides details about the competitive strength of the key players operating in the market. Continental AG and Goodyear Tire & Rubber Company account for the largest market share in the ecosystem, owing to their vast market presence and various partnerships with OEM.
Automotive Smart Tire Market - A Global Market and Regional Analysis
Focus on Smart Tire Product, Application, Supply Chain, Sensor Type, Regional and Country - Analysis and Forecast, 2020-2026
Some Faq's
Frequently Asked Questions
The automotive smart tire market is expected to reach $110.39 Billion by the end of 2026.
Futuristic trends that can influence the growth of the market include energy harvesting in tires for next-generation autonomous vehicles, green tire, self-inflating tire, multi-chamber tire, and shape-shifting tire.
Some of the factors driving the growth of the market include stringent government regulations regarding environment and safety in vehicles, rising adoption of 5G technology in smart tires, and advancements in fleet management solutions through smart tires.
Products covered under automotive smart tire include both tires and sensors. The tires are further categorized under connected tires and intelligent tires. Also, the sensors are further categorized under TPMS, RFID, strain gauge, accelerometer, and others.
Key companies operating in the market include Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Co., Pirelli & C. S.p.A, The Yokohama Rubber Company, Limited, Hankook Tire & Technology Co., Ltd., Nokian Tyres Plc., Toyo Tire Corporation, Sumitomo Rubber Industries, Ltd., JK Tyres & Industries Ltd., Revvo Technologies, Inc., NXP Semiconductors, Schrader TPMS Solutions, Infineon Technologies AG
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