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Smart Tire Market Growth, Size, Trends Analysis - By Offering, By Vehicle, By Technology, By Sales Channel - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Publisher SPER Market Research Pvt. Ltd.
Published Apr 22, 2025
Length 260 Pages
SKU # SPER20056954

Description

Smart Tire Market Introduction and Overview

According to SPER market research, ‘Global Smart Tire Market Size- By Offering, By Vehicle, By Technology, By Sales Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Smart Tire Market is predicted to reach 219.07 billion by 2034 with a CAGR of 8.26%.

Smart tires have sensors and integrated systems that provide real-time information on tire pressure, temperature, tread wear, and other critical factors. This information allows for increased safety, higher fuel efficiency, and optimised vehicle performance. Smart tires enhance tire performance by sensing road conditions and adjusting tire pressure and terrain adaptability to operate with little wear and tear.

Restraints:

Smart tyre systems require compatibility with a wide range of automobile models. Technical challenges include establishing a smooth interaction with cloud-based analytics tools, telematics platforms, and vehicle onboard systems. Differences in hardware interfaces, software platforms, or communication protocols might create compatibility issues that inhibit interoperability and limit the scalability of smart tyre technology.

Scope of the report:

Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034

Segments covered

By Offering, By Vehicle, By Technology, By Sales Channel

Regions covered

North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

Bridgestone Corporation, Continental AG, Hankook Tire & Technology Group, Michelin Group, NIRA Dynamics AB, Nokian Tyres plc, Pirelli & C. S.p.A, Sumitomo Rubber Industries, Ltd, The Goodyear Tire & Rubber Company, Toyo Tire Corporation.

Global Smart Tire Market Segmentation:

By Offering:

Based on the Offering, Global Smart Tire Market is segmented as; Pneumatic, Non-Pneumatic.

By Vehicle:

Based on the Vehicle, Global Smart Tire Market is segmented as; Passenger, Commercial.

By Technology:

Based on the Technology, Global Smart Tire Market is segmented as; Tire Pressure Monitoring, Temperature Monitoring, Tire Tread Monitoring, Load Monitoring.

By Sales Channel:

Based on the Sales Channel, Global Smart Tire Market is segmented as; OEM, Aftermarket.

By Region:

This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Table of Contents

260 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Smart Tire Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Tire Market
7. Global Smart Tire Market, By Offering (USD Million) 2021-2034
7.1. Pneumatic
7.2. Non-pneumatic
8. Global Smart Tire Market, By Vehicle (USD Million) 2021-2034
8.1. Passenger vehicles
8.2. Commercial vehicles
9. Global Smart Tire Market, By Technology (USD Million) 2021-2034
9.1. Tire pressure monitoring
9.2. Temperature monitoring
9.3. Tire tread monitoring
9.4. Load monitoring
9.5. Others
10. Global Smart Tire Market, By Sales Channel (USD Million) 2021-2034
10.1. OEM
10.2. Aftermarket
11. Global Smart Tire Market, (USD Million) 2021-2034
11.1. Global Smart Tire Market Size and Market Share
12. Global Smart Tire Market, By Region, (USD Million) 2021-2034
12.1. Asia-Pacific
12.1.1. Australia
12.1.2. China
12.1.3. India
12.1.4. Japan
12.1.5. South Korea
12.1.6. Rest of Asia-Pacific
12.2. Europe
12.2.1. France
12.2.2. Germany
12.2.3. Italy
12.2.4. Spain
12.2.5. United Kingdom
12.2.6. Rest of Europe
12.3. Middle East and Africa
12.3.1. Kingdom of Saudi Arabia
12.3.2. United Arab Emirates
12.3.3. Qatar
12.3.4. South Africa
12.3.5. Egypt
12.3.6. Morocco
12.3.7. Nigeria
12.3.8. Rest of Middle-East and Africa
12.4. North America
12.4.1. Canada
12.4.2. Mexico
12.4.3. United States
12.5. Latin America
12.5.1. Argentina
12.5.2. Brazil
12.5.3. Rest of Latin America
13. Company Profile
13.1. Bridgestone Corporation
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Continental AG
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Hankook Tire & Technology Group
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Michelin Group
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. NIRA Dynamics AB
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Nokian Tyres plc
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Pirelli & C. S.p.A
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Sumitomo Rubber Industries, Ltd
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. The Goodyear Tire & Rubber Company
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Toyo Tire Corporation
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links

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