Market Research Logo

Global Automotive Intelligent Tires Market 2018-2022

Global Automotive Intelligent Tires Market 2018-2022

About this market

Connected cars increase opportunities for developing advanced safety features that can alert, medical services, police authorities, and other vehicles regarding any issues or accidents occurred on the road. Also, the need for medical assistance can be automatically conveyed. Adoption of intelligent tires are expected to increase with the development of connected cars in the automotive industry. Intelligent tires collect information regarding increased tire temperature and low tire pressure to calculate the possibility of a tire blowout and convey the same to the operator using the connected cars telematics system. Thus, all these factors will drive the automotive intelligent tires market growth during the forecast period.

Market Overview

Progress toward connected cars

Vehicle makers are developing cars with internet connectivity that can transfer information automatically when an event occurs. Cars that can use internet connectivity to transfer information to the concerned stakeholder open multiple avenues for advancements, especially with bringing connectivity options to individual vehicle components like tires.

Commercial viability of intelligent tires

Intelligent tires require advanced connectivity systems; hardware consisting of an array of sensors; supporting vehicle hardware and software. and subscription services to operate. Equipping a vehicle with intelligent tires will significantly increase production costs, driving up vehicle prices.

For the detailed list of factors that will drive and challenge the growth of the automotive intelligent tires market during the 2018-2022, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including The Goodyear Tire & Rubber and The Yokohama Rubber the competitive environment is quite intense. Factors such as the progress toward connected cars and preferable use of intelligent tires in platooning systems, will provide considerable growth opportunities to automotive intelligent tire manufactures. Bridgestone, Continental, MICHELIN, Pirelli, The Goodyear Tire & Rubber, and The Yokohama Rubber are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Automotive Intelligent Tires Market 2018-2022

Technavio recognizes the following companies as the key players in the global automotive intelligent tires market: Bridgestone, Continental, MICHELIN, Pirelli, The Goodyear Tire & Rubber, and The Yokohama Rubber.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is preferable use of intelligent tires in platooning systems. The platooning concept (enabled by automated driving technologies) has been addressed as the future of the transportation industry. In a platoon, multiple vehicles travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance at high speeds. The platoon is akin to a train's compartment-like arrangement, but the vehicles in the platoon are physically disconnected.”

According to the report, one driver in the market is progress toward connected cars. Vehicle makers are developing cars with internet connectivity that can transfer information automatically when an event occurs. Cars that can use internet connectivity to transfer information to the concerned stakeholder open multiple avenues for advancements, especially with bringing connectivity options to individual vehicle components like tires

Further, the report states that one challenge in the market is commercial viability of intelligent tires. Intelligent tires require advanced connectivity systems; hardware consisting of an array of sensors; supporting vehicle hardware and software. and subscription services to operate. Equipping a vehicle with intelligent tires will significantly increase production costs, driving up vehicle prices

Companies Mentioned

Bridgestone

Continental

MICHELIN

Pirelli

The Goodyear Tire & Rubber

The Yokohama Rubber

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
      • Table Global automotive TPMS market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
      • Table Regulations encouraging TPMS adoption across the globe
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • CVs - Market size and forecast 2017-2022
      • Table CVs - Market size and forecast 2017-2022 ($ mn)
      • Table CVs - Year-over-year growth 2018-2022 (%)
    • Passenger cars - Market size and forecast 2017- 2022
      • Table Passenger cars - Market size and forecast 2017-2022 ($ mn)
      • Table Passenger cars - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity by geography
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Preferable use of intelligent tires in platooning systems
    • Use of IMU sensors in intelligent tires
    • Proposal for use of battery-less sensors in intelligent tires
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bridgestone
      • Table Bridgestone - Overview
      • Table Bridgestone - Business segments
      • Table Bridgestone - Organizational developments
      • Table Bridgestone - Geographic focus
      • Table Bridgestone - Segment focus
      • Table Bridgestone - Key offerings
    • Continental
      • Table Continental - Overview
      • Table Continental - Business segments
      • Table Continental - Organizational developments
      • Table Continental - Geographic focus
      • Table Continental - Segment focus
      • Table Continental - Key offerings
    • MICHELIN
      • Table MICHELIN - Overview
      • Table MICHELIN - Business segments
      • Table MICHELIN - Organizational developments
      • Table MICHELIN - Geographic focus
      • Table MICHELIN - Segment focus
      • Table MICHELIN - Key offerings
    • Pirelli
      • Table Pirelli - Overview
      • Table Pirelli - Business segments
      • Table Pirelli - Organizational developments
      • Table Pirelli - Geographic focus
      • Table Pirelli - Segment focus
      • Table Pirelli - Key offerings
    • The Goodyear Tire & Rubber
      • Table The Goodyear Tire & Rubber - Overview
      • Table The Goodyear Tire & Rubber - Organizational developments
      • Table The Goodyear Tire & Rubber - Geographic focus
      • Table The Goodyear Tire & Rubber - Key offerings
    • The Yokohama Rubber
      • Table The Yokohama Rubber - Overview
      • Table The Yokohama Rubber - Business segments
      • Table The Yokohama Rubber - Organizational developments
      • Table The Yokohama Rubber - Geographic focus
      • Table The Yokohama Rubber - Segment focus
      • Table The Yokohama Rubber - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report