Automotive Smart Tire Market 2021 Industry Scenario, Strategies, Growth Factors and Forecast 2027 |Goodyear Tire & Rubber, Pirelli, Michelin Group

Global Automotive Smart Tire Sales Market Report 2021

The Automotive Smart Tire Market Report 2021-2027 provides global market size, regional and national level market size, market segment growth, market share, competitive landscape, sales analysis, influence of domestic and global market participants, and value chain Detailed analysis of optimization, trade regulations, latest developments, opportunity analysis, strategic market growth analysis, product launches, regional market expansion and technological innovation.

Automotive Smart Tire Market refers to the protection of the economy’s assets, systems and networks, including communications, emergency services, energy, finance, food, government and public services, from threats and damage, which is essential for the operation of the country.

In accordance with the Automotive Smart Tire Market is set to grow at a CAGR of 30.34 % over the forecast period (2021-2027).

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MARKET OVERVIEW

Automotive smart tires enhance the performance of the tires by sensing the road condition and varying tire pressure and terrain adaptability to perform with least wear & tear. All major tire manufacturers are investing on the research and development of smart tires; however, the features of a tire varies according to the manufacturer.

Leading companies in the global Automotive Smart Tire market.

Goodyear Tire & Rubber, Pirelli, Michelin Group, NEXEN Tire, Continental, Bridgestone, Sumitomo Rubber, Hankook Tire

INDUSTRY NEWS

Pirelli Tyre has acquired 1 company. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Pirelli Tyre’s largest acquisition to date was in 2012, when it acquired Däckia AB for $74M. It’s largest disclosed sale occurred in 2014, when it sold Pirelli Tyre - Steel Cord Business to NV Bekaert SA for $287M. The Company’s most targeted sectors include retail (100%).

The report based on the type of Automotive Smart Tire  market is broken down:

Pneumatic Tire

Non-pneumatic Tire

On the basis of segmentation by application, the key Automotive Smart Tire  market can be subdivided into:

Commercial Vehicle

Passenger Car

Global Automotive Smart Tire Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

INDUSTRY NEWS

Asia Pacific & Europe to Hold Significant Share of Global Automotive Smart Tire Market

Asia Pacific is projected to hold a major share of the global automotive smart tire market due to a rise in the demand for luxury vehicles across the region. Increase in government initiatives and productivity across the region is likely to propel the automotive smart tire market across Asia Pacific. Rapid expansion of manufacturing industries across the region is likely to boost the distribution channel of tires across Asia Pacific. This, in turn, is anticipated to propel the automotive smart tire market in Asia Pacific.

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Highlights of the Automotive Smart Tire Market

Quantitative market information and forecasts of the global Automotive Smart Tire  Market industry by type, end use, and geographic region.

Expert analysis of key technology, demographic, economic and regulatory factors that will promote the development of Automotive Smart Tire Market until 2027.
Market opportunities and new investment proposals.
Growth prospects among emerging countries by 2027.

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The report provides a summary of the important functions and key Automotive Smart Tire market:

Detailed Automotive Smart Tire market overview
The report provides a precise analysis of changing competitive dynamics.
In-depth market segmentation by type, application, etc.
Historical, current and projected market size in terms of volume and value.
Recent industry trends and developments.
The competitive landscape of the cyber security market for key Automotive Smart Tire .
Key players and product strategy.
Potential and segmented markets/regions are showing considerable growth.

Finally, the key Automotive Smart Tire market report is a reliable source of market research that will accelerate your business exponentially. The report also proposes a new task SWOT review, speculative accessibility investigation and risk-reward investigation.

We also provide customized reports based on specific customer requirements:

1- Country/region analysis of any 5 countries/regions you choose.

2- Competitive analysis of any 5 major market participants.

3 to 40 analyst hours, covering all other data points

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This release was published on openPR.