Connected Tire Market Analysis and Forecast to 2031: By Rim Size (12″ – 17″, 18″ – 21″, > 22″), Sales Channel (OEMs, Aftermarket), Vehicle (Passenger Vehicles, Commercial Vehicles), and Region

A connected tire is a tire that is equipped with sensors and other technology that allows it to communicate with the outside world. This communication can take many forms, including sending data about the tires condition to a central database, transmitting real-time information about the tires location to a GPS system, or sending alerts to the driver if the tires pressure or temperature falls outside of safe levels.

Key Trends

The key trends in connected tire technology are the development of more sophisticated sensors and the integration of those sensors with other systems within the vehicle. The goal is to provide drivers with more information about the condition of their tires and the road surface, and to enable the tires to adjust their level of grip automatically in response to changing conditions.

One of the most promising applications of connected tire technology is in the area of safety. By constantly monitoring the condition of the tires and the road surface, the system can provide warnings to the driver in the event of a potential issue.

In addition to safety applications, connected tire technology can also be used to improve fuel economy. By automatically adjusting the level of grip based on the conditions, the system can help to reduce the amount of energy that is wasted in overcoming tire slippage.

The development of connected tire technology is still in its early stages, but the potential applications are numerous and the potential benefits are significant. As the technology continues to evolve, it is likely that we will see even more innovative and exciting applications for this exciting new technology.

Key Drivers

The key drivers of the Connected Tire market are the need for real-time tire data, the increasing demand for safety and security, and the need for predictive maintenance.

The Connected Tire market is driven by the need for real-time tire data. Tires are one of the most important components of a vehicle, and they play a critical role in the safety and performance of a vehicle. However, tires are often under-inflated, which can lead to poor fuel economy, increased wear and tear, and reduced safety. .

The Connected Tire market is also driven by the increasing demand for safety and security. Tires are a leading cause of accidents, and they can often be the difference between a safe journey and a dangerous one.

The Connected Tire market is also driven by the need for predictive maintenance. Tires are a critical component of a vehicle, and they need to be regularly maintained in order to ensure their safety and performance. Connected tires can provide data on tire pressure, temperature, and tread depth, which can help to predict when a tire needs to be replaced or repaired.

Restraints & Challenges

One of the key restraints for the connected tire market is the lack of a standardization for the technology. This has led to various tire manufacturers using different technologies, which are not compatible with each other. This has prevented the development of a unified platform that can be used by all tire manufacturers.

Another challenge for the connected tire market is the high cost of the technology. This has prevented many tire manufacturers from adopting the technology.

Market Segments

The Connected Tire Market is segmented by rim size, sales channel, vehicle, and region. By rim size, the market is divided into 12″ – 17″, 18″ – 21″, > 22″. Based on sales channel, it is bifurcated into OEMs and aftermarket. On the basis of vehicle, it is classified into passenger vehicles and commercial vehicles. Region-wise the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Connected Tire Market includes players such as Michelin , Pirelli & C. S.p.A., Goodyear Tire & Rubber Company, Continental AG, Bridgestone Corporation, Nokian Tyres plc, Trelleborg AB, Sumitomo Rubber Industries, Ltd., JK Tyres, and Toyo Tires.

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Connected Tire Market Outlook
3.1. Connected Tire Market segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Connected Tire Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Connected Tire Market
4.3. Economic Impact Analysis

Chapter 5. Connected Tire Market by Rim Size
5.1. Market Overview
5.2. 12″ – 17″
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. 18″ – 21″
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. > 22″
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 6. Connected Tire Market by Sales Channel
6.1. Market Overview
6.2. OEMs
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Aftermarket
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 7. Connected Tire Market by Vehicle
7.1. Market Overview
7.2. Passenger Vehicles
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Commercial Vehicles
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)

Chapter 8. Connected Tire Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.2.3. North America Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.2.4. North America Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.2.5. North America Connected Tire Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.2.6.2. The U.S. Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.2.6.3. The U.S. Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.2.7.2. Canada Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.2.7.3. Canada Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.2.8.2. Mexico Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.2.8.3. Mexico Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.3. Europe Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.4. Europe Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.5. Europe Connected Tire Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.6.2. Germany Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.6.3. Germany Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.7.2. France Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.7.3. France Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.8.2. U.K. Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.8.3. U.K. Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.9.2. Spain Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.9.3. Spain Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.10.2. Italy Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.10.3. Italy Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Connected Tire Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.4. Asia-Pacific Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.5. Asia-Pacific Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.6.2. China Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.6.3. China Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.7.2. India Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.7.3. India Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.8.2. Japan Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.8.3. Japan Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.9.2. South Korea Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.9.3. South Korea Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.5.3. Rest of the World Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.5.4. Rest of the World Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.5.5. Rest of the World Connected Tire Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.5.6.2. Latin America Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.5.6.3. Latin America Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.5.7.2. Middle East Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.5.7.3. Middle East Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Connected Tire Market Size and Forecast by Rim Size, 2021-2031, ($Million)
8.5.8.2. Africa Connected Tire Market Size and Forecast by Sales Channel, 2021-2031, ($Million)
8.5.8.3. Africa Connected Tire Market Size and Forecast by Vehicle, 2021-2031, ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. Michelin
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Pirelli & C. S.p.A.
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Goodyear Tire & Rubber Company
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Continental AG
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Bridgestone Corporation
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Nokian Tyres plc
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Trelleborg AB
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Sumitomo Rubber Industries, Ltd
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. JK Tyres
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Toyo Tires
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report

 

 

 

 

 

 

 

 

 

 

Market Segments

By Rim Size

  • 12″ – 17″
  • 18″ – 21″
  • > 22″

By Sales Channel

  • OEMs
  • Aftermarket

By Vehicle

  • Passenger Vehicles
  • Commercial Vehicles

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

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