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Automotive Intelligent Tires-Global Market Insights and Sales Trends 2024
Synopsis
Smart tires are meant to able to sense or measure all kind of information related to the tire itself, to road conditions, to vehicle dynamics and driving behavior. Having collected all those information, smart tires need to transmit this information to the vehicle, to the driver, to the infrastructure etc.
The global Automotive Intelligent Tires market size is expected to reach US$ 41780 million by 2029, growing at a CAGR of 36.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Intelligent Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Automotive Intelligent Tires market. Passenger Car Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Commercial Vehicle Tire segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Intelligent Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Intelligent Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Intelligent Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Intelligent Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Intelligent Tires covered in this report include Bridgestone, Continental, Goodyear, MICHELIN, Pirelli and Yokohama Rubber, etc.
The global Automotive Intelligent Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgestone
Continental
Goodyear
MICHELIN
Pirelli
Yokohama Rubber
Global Automotive Intelligent Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Intelligent Tires market, Segment by Type:
Passenger Car Tire
Commercial Vehicle Tire
Global Automotive Intelligent Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Intelligent Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Intelligent Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Smart tires are meant to able to sense or measure all kind of information related to the tire itself, to road conditions, to vehicle dynamics and driving behavior. Having collected all those information, smart tires need to transmit this information to the vehicle, to the driver, to the infrastructure etc.
The global Automotive Intelligent Tires market size is expected to reach US$ 41780 million by 2029, growing at a CAGR of 36.8% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Intelligent Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Automotive Intelligent Tires market. Passenger Car Tire, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Commercial Vehicle Tire segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Intelligent Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Intelligent Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Intelligent Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Intelligent Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Intelligent Tires covered in this report include Bridgestone, Continental, Goodyear, MICHELIN, Pirelli and Yokohama Rubber, etc.
The global Automotive Intelligent Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Bridgestone
Continental
Goodyear
MICHELIN
Pirelli
Yokohama Rubber
Global Automotive Intelligent Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Intelligent Tires market, Segment by Type:
Passenger Car Tire
Commercial Vehicle Tire
Global Automotive Intelligent Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Intelligent Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Intelligent Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Intelligent Tires Market Overview
1.1 Automotive Intelligent Tires Product Overview
1.2 Automotive Intelligent Tires Market Segment by Type
1.2.1 Passenger Car Tire
1.2.2 Commercial Vehicle Tire
1.3 Global Automotive Intelligent Tires Market Size by Type
1.3.1 Global Automotive Intelligent Tires Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Intelligent Tires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Intelligent Tires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Intelligent Tires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Intelligent Tires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Intelligent Tires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Intelligent Tires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Intelligent Tires Sales Breakdown by Type (2018-2023)
2 Global Automotive Intelligent Tires Market Competition by Company
2.1 Global Top Players by Automotive Intelligent Tires Sales (2018-2023)
2.2 Global Top Players by Automotive Intelligent Tires Revenue (2018-2023)
2.3 Global Top Players by Automotive Intelligent Tires Price (2018-2023)
2.4 Global Top Manufacturers Automotive Intelligent Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Intelligent Tires Market Competitive Situation and Trends
2.5.1 Automotive Intelligent Tires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Intelligent Tires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Intelligent Tires as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Intelligent Tires Market
2.8 Key Manufacturers Automotive Intelligent Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Intelligent Tires Status and Outlook by Region
3.1 Global Automotive Intelligent Tires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Intelligent Tires Historic Market Size by Region
3.2.1 Global Automotive Intelligent Tires Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Intelligent Tires Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Intelligent Tires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Intelligent Tires Forecasted Market Size by Region
3.3.1 Global Automotive Intelligent Tires Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Intelligent Tires Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Intelligent Tires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Intelligent Tires by Application
4.1 Automotive Intelligent Tires Market Segment by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Automotive Intelligent Tires Market Size by Application
4.2.1 Global Automotive Intelligent Tires Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Intelligent Tires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Intelligent Tires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Intelligent Tires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Intelligent Tires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Intelligent Tires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Intelligent Tires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Intelligent Tires Sales Breakdown by Application (2018-2023)
5 North America Automotive Intelligent Tires by Country
5.1 North America Automotive Intelligent Tires Historic Market Size by Country
5.1.1 North America Automotive Intelligent Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Intelligent Tires Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Intelligent Tires Sales in Value by Country (2018-2023)
5.2 North America Automotive Intelligent Tires Forecasted Market Size by Country
5.2.1 North America Automotive Intelligent Tires Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Intelligent Tires Sales in Value by Country (2024-2029)
6 Europe Automotive Intelligent Tires by Country
6.1 Europe Automotive Intelligent Tires Historic Market Size by Country
6.1.1 Europe Automotive Intelligent Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Intelligent Tires Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Intelligent Tires Sales in Value by Country (2018-2023)
6.2 Europe Automotive Intelligent Tires Forecasted Market Size by Country
6.2.1 Europe Automotive Intelligent Tires Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Intelligent Tires Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Intelligent Tires by Region
7.1 Asia-Pacific Automotive Intelligent Tires Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Intelligent Tires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Intelligent Tires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Intelligent Tires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Intelligent Tires Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Intelligent Tires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Intelligent Tires Sales in Value by Region (2024-2029)
8 Latin America Automotive Intelligent Tires by Country
8.1 Latin America Automotive Intelligent Tires Historic Market Size by Country
8.1.1 Latin America Automotive Intelligent Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Intelligent Tires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Intelligent Tires Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Intelligent Tires Forecasted Market Size by Country
8.2.1 Latin America Automotive Intelligent Tires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Intelligent Tires Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Intelligent Tires by Country
9.1 Middle East and Africa Automotive Intelligent Tires Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Intelligent Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Intelligent Tires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Intelligent Tires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Intelligent Tires Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Intelligent Tires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Intelligent Tires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Bridgestone
10.1.1 Bridgestone Company Information
10.1.2 Bridgestone Introduction and Business Overview
10.1.3 Bridgestone Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Bridgestone Automotive Intelligent Tires Products Offered
10.1.5 Bridgestone Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Automotive Intelligent Tires Products Offered
10.2.5 Continental Recent Development
10.3 Goodyear
10.3.1 Goodyear Company Information
10.3.2 Goodyear Introduction and Business Overview
10.3.3 Goodyear Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Goodyear Automotive Intelligent Tires Products Offered
10.3.5 Goodyear Recent Development
10.4 MICHELIN
10.4.1 MICHELIN Company Information
10.4.2 MICHELIN Introduction and Business Overview
10.4.3 MICHELIN Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MICHELIN Automotive Intelligent Tires Products Offered
10.4.5 MICHELIN Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Automotive Intelligent Tires Products Offered
10.5.5 Pirelli Recent Development
10.6 Yokohama Rubber
10.6.1 Yokohama Rubber Company Information
10.6.2 Yokohama Rubber Introduction and Business Overview
10.6.3 Yokohama Rubber Automotive Intelligent Tires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Yokohama Rubber Automotive Intelligent Tires Products Offered
10.6.5 Yokohama Rubber Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Intelligent Tires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Intelligent Tires Industrial Chain Analysis
11.4 Automotive Intelligent Tires Market Dynamics
11.4.1 Automotive Intelligent Tires Industry Trends
11.4.2 Automotive Intelligent Tires Market Drivers
11.4.3 Automotive Intelligent Tires Market Challenges
11.4.4 Automotive Intelligent Tires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Intelligent Tires Distributors
12.3 Automotive Intelligent Tires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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