openPR Logo
Press release

Automotive Smart Tire Market 2022 Recent Development, Segmentation and Leading Companies Michelin Group, Continental AG, Bridgestone, NEXEN TIRE

01-05-2022 08:35 AM CET | Logistics & Transport

Press release from: Market Research Future

Automotive Smart Tire Market

Automotive Smart Tire Market

Automotive Smart Tire Market Overview

Automotive Smart Tire Market is expected to witness 18.5% CAGR during the forecast period.

Smart tires made for the automotive industry make the use of sensors for gauging the tire pressure, driving behavior, and other vehicle dynamics. The changing tire industry and evolution in connected vehicles can pave forth the way for smart tires. The Global Automotive Smart Tire Market report by Market Research Future (MRFR) comprises drivers and challenges for the period of 2019 to 2025 (forecast period) which can shape the future of the automotive industry. The COVID-19 pandemic and its impact on the production and value chain are included in the report.

Competitive Outlook 

The Goodyear Tire Rubber Co, Bridgestone Corporation, Continental AG, NEXEN TIRE Corporation, Michelin Group, Pirelli C. S.p.A., and Sumitomo Rubber Industries, Ltd. are key players of the Global Automotive Smart Tire Industry. Joint ventures and collaborations are prime strategies of players sustaining in the market.

Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/7422

Market Scope

The global Automotive Smart Tire Market Size is estimated to reach USD 2254.49 million by 2025 registering a CAGR of 16.10% during the forecast period. This is influenced by the focus of automotive manufacturers to leverage on data and analytics to improve their tires. Metrics such as load detection, tread wear depth, pressure temperature, and road conditions can be used in gleaning useful insights and start new trends in tire development.

Investments in internet of things (IoT) sensors for extending tire shelf life and fuel efficiency can spur the global automotive smart tire industry. The need to protect fleet drivers and improve logistical inconsistencies can drive the smart tire demand over the forecast period.

Segmentation

The global Automotive Smart Tire Market is segmented on the basis of technology, vehicle type, sales channel.

On the basis of technology, the market has been segmented into pneumatic tires and non-pneumatic tires.

On the basis of vehicle type, the market has been segmented into battery electric vehicles, hybrid electric vehicles, passenger cars, commercial vehicles, and plug-in hybrid vehicle.

On the basis of sales channel, the market has been segmented into original equipment manufacturer (OEM) and aftermarket.

Speak to Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/7422

Regional Analysis

Geographically, the global Automotive Smart Tire Market has been segmented into four major regions namely North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW). Europe is estimated to account for a significant market share in the automotive smart tire market owing to relatively high adoption of sensor integrated tires and substantial investments by software giants to incorporate IoT platforms. Sales of connected and passenger vehicles and presence of ride-sharing platforms to improve security of passengers can bode well for the market.

Considerable sales of commercial vehicles (light commercial and heavy commercial) in the U.S. is expected to augment the growth of global smart tire market in North America during the forecast period. Rise of 5G and integration of wireless sensors in fleets can influence the regional Automotive Smart Tire Market over the forecast period. Investments by governments and self-driving technology providers can bode well for the market.

Stringent emission norms, government measures to reduce accidental rates, and significant automotive production are some of the drivers which are expected to propel the demand for smart tires in the Asia Pacific region. Lax regulations pertaining to safety and emissions can drive the regional market growth over the forecast period.

Browse complete report @ https://www.marketresearchfuture.com/reports/automotive-smart-tire-market-7422

Table Of Content

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Automotive Smart Tire Market, By Technology

5.1. Introduction

5.2. Pneumatic Tires

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast By Region, 2020-2027

Continued………
Ask for your specific company profile and country level customization on reports.

Request for Customization @ https://www.marketresearchfuture.com/ask_for_customize/7422

Also Read More From MRFR:    
Automotive Fastener Market     https://www.marketresearchfuture.com/reports/automotive-fasteners-market-6399
Electric vehicle Charging Station Market     https://www.marketresearchfuture.com/reports/electric-vehicle-charging-station-market-5401
Automotive Alloy Wheel Market     https://www.marketresearchfuture.com/reports/automotive-alloy-wheel-market-3931
Automotive Glass Market     https://www.marketresearchfuture.com/reports/automotive-glass-market-2045
Automotive Hydraulics System Market     https://www.marketresearchfuture.com/reports/automotive-hydraulics-system-market-5737

Market Research Future®
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America 
Phone: +1 628 258 0071(US)  
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Smart Tire Market 2022 Recent Development, Segmentation and Leading Companies Michelin Group, Continental AG, Bridgestone, NEXEN TIRE here

News-ID: 2517531 • Views: 383

More Releases from Market Research Future

Silo Bags Market 2020-2026 | Top Trends and Key Players Analysis Report
Transparency Market Research delivers key insights for the silo bags market in its published report, which include global industry analysis, size, share, growth, trends, and forecast for 2020-2026. In terms of growth, the global silo bags market is projected to witness growth of 6% by the end of 2026, owing to the benefit of storing grains for a long time, and providing protection against insects. Access Complete Report of Silo Bags
Farm Tractor Market to Grow at a CAGR of 3.88 from 2019 to 2027 | Industry Trend …
A farm tractor is a special designed vehicle with large rear tyres for use in agricultural soil. Farm tractors are powered by either gasoline or diesel. Farmers are under pressure to equip them with advanced automated agricultural technology as the world's population grows, as does the demand for food. As a result, there is a high demand for farm tractors, thereby indicating a high sales growth for the farm tractors
Automotive Antenna Market | Deep Research Study with Forecast to 2027
The global automotive antenna market is anticipated to expand at a CAGR of ~4% during the forecast period, owing to a rise in the demand for connected vehicles and related technology in vehicles across the globe. Advent of connected vehicles and automatic systems has increased the number of automotive antennas used per vehicle. The automotive antenna market is presently focused on several multiple functions, including remote-less entry, navigation, telematics, tire pressure
Pickup Truck Market 2020 - 2030 | Current Insight with Future Aspect Analysis
According to the report, the global pickup truck market is projected to reach US$ 950 Bn by 2030, expanding at a CAGR of ~2% during the forecast period, owing to the increase in affordability for vehicles among consumers and transition of people into middle and upper middle-income groups. The global pickup truck market is mature; however, expansion of small- and medium-scale enterprises coupled with high popularity for pickup trucks in

All 5 Releases


More Releases for Automotive

Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,
Global Automotive Windshield Market
“Global Automotive Windshield Industry 2021 Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. Windshields, also known as windscreens, are curved glasses placed in the front of a vehicle to protect the occupant from the wind and road debris such as mud and dust. It also enhances the aerodynamics of the vehicle. Technavio’s analysts forecast the global automotive windshield market to grow at a CAGR of 4.64% during the period
Automotive Market Outlook 2016
This document is a series of scorecards for major Automotive markets which review historic (2011-2015), short term (2016-2020) and medium/long term (2021-2030) performance of light vehicle sales in the markets covered by the Automotive system. A ranking from 1 to 10 is assigned to each macro and micro driver that impact demand, which is multiplied by a score ranging from +5 (positive) to -5 (negative) for the three time periods,
Tweaked Automotive ‘Spectre Edition’
Tweaked Automotive announces its most recent special edition release, the Spectre Edition Land Rover Defender. The idea of executing a special Land Rover Defender build was circulating around the Tweaked Automotive design department for some time. The fact Land Rover ceased production of these much loved four wheel drives that have been around since 1948 prompted Tweaked Automotive to get stated as a matter of urgency. Hand in hand the 007TM