Press release
Intelligent Tire Market 2026: Promising Growth Opportunities With Global Key Companies- The Goodyear Tire & Rubber Company, Continental AG, Michelin Group, The Yokohama Rubber Company, Limited, Sumitomo Rubber Industries
Intelligent Tire
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Global Intelligent Tire Market: Regional Insights
The intelligent tire market in Asia Pacific is expected witness highest CAGR over the forecast period. This is owing increasing smart city projects and connected infrastructure initiatives by governments in the region. India and China are major market drivers in the region. For instance, in 2015, ‘100 Smart City’ mission was launched by the Government of India. This connected cars are integrated with various advanced vehicle systems such as ADAS, AEBS, comprehensive vehicle tracking systems, remote controlled systems, and advanced vehicle to everything (V2E) connectivity. Thus, integration of these technologies contributes in reducing road accident in the coming future, which in turns increase the consumer inclination towards purchasing connected cars in future. Hence, increasing demand for connected cars is expected to propel growth of the intelligent tire market in Asia Pacific Region.
Global Intelligent Tire Market: Regional Insights
The intelligent tire market in Asia Pacific is expected witness highest CAGR over the forecast period. This is owing increasing smart city projects and connected infrastructure initiatives by governments in the region. India and China are major market drivers in the region. For instance, in 2015, ‘100 Smart City’ mission was launched by the Government of India. This connected cars are integrated with various advanced vehicle systems such as ADAS, AEBS, comprehensive vehicle tracking systems, remote controlled systems, and advanced vehicle to everything (V2E) connectivity. Thus, integration of these technologies contributes in reducing road accident in the coming future, which in turns increase the consumer inclination towards purchasing connected cars in future. Hence, increasing demand for connected cars is expected to propel growth of the intelligent tire market in Asia Pacific Region.
Global Intelligent Tire Market: Taxonomy
By Product Type
- Inflatable Tire
- Solid Tire
By Application
- Passenger Cars
- Commercial Vehicle
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
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