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Smart Tires-Global Market Insights and Sales Trends 2025
Synopsis
Smart tires refer to the tires with chips or sensors.
The global Smart Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Smart Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Smart Tires market. Truck tyres, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bus tyres segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Smart Tires market, driven by demand from China, the second largest economy with some signs of stabilising, the Smart Tires market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Tires covered in this report include Michelin, Continental, Goodyear, Bridgestone, Pirelli, Cheng Shin Tyre, ZC Rubber, Double Coin and Guizhou Tyre, etc.
The global Smart Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Continental
Goodyear
Bridgestone
Pirelli
Cheng Shin Tyre
ZC Rubber
Double Coin
Guizhou Tyre
Global Smart Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Tires market, Segment by Type:
Truck tyres
Bus tyres
Others
Global Smart Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smart Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smart Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Smart tires refer to the tires with chips or sensors.
The global Smart Tires market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Smart Tires in various end use industries. The expanding demands from the OEM and Aftermarket, are propelling Smart Tires market. Truck tyres, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bus tyres segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Smart Tires market, driven by demand from China, the second largest economy with some signs of stabilising, the Smart Tires market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Tires, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Tires market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Tires market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Tires sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Tires covered in this report include Michelin, Continental, Goodyear, Bridgestone, Pirelli, Cheng Shin Tyre, ZC Rubber, Double Coin and Guizhou Tyre, etc.
The global Smart Tires market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Michelin
Continental
Goodyear
Bridgestone
Pirelli
Cheng Shin Tyre
ZC Rubber
Double Coin
Guizhou Tyre
Global Smart Tires market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Tires market, Segment by Type:
Truck tyres
Bus tyres
Others
Global Smart Tires market, by Application
OEM
Aftermarket
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smart Tires manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smart Tires in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Smart Tires Market Overview
1.1 Smart Tires Product Overview
1.2 Smart Tires Market Segment by Type
1.2.1 Truck tyres
1.2.2 Bus tyres
1.2.3 Others
1.3 Global Smart Tires Market Size by Type
1.3.1 Global Smart Tires Market Size Overview by Type (2018-2029)
1.3.2 Global Smart Tires Historic Market Size Review by Type (2018-2023)
1.3.3 Global Smart Tires Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Smart Tires Sales Breakdown by Type (2018-2023)
1.4.2 Europe Smart Tires Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Smart Tires Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Smart Tires Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Smart Tires Sales Breakdown by Type (2018-2023)
2 Global Smart Tires Market Competition by Company
2.1 Global Top Players by Smart Tires Sales (2018-2023)
2.2 Global Top Players by Smart Tires Revenue (2018-2023)
2.3 Global Top Players by Smart Tires Price (2018-2023)
2.4 Global Top Manufacturers Smart Tires Manufacturing Base Distribution, Sales Area, Product Type
2.5 Smart Tires Market Competitive Situation and Trends
2.5.1 Smart Tires Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Smart Tires Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Tires as of 2022)
2.7 Date of Key Manufacturers Enter into Smart Tires Market
2.8 Key Manufacturers Smart Tires Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Smart Tires Status and Outlook by Region
3.1 Global Smart Tires Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Smart Tires Historic Market Size by Region
3.2.1 Global Smart Tires Sales in Volume by Region (2018-2023)
3.2.2 Global Smart Tires Sales in Value by Region (2018-2023)
3.2.3 Global Smart Tires Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Smart Tires Forecasted Market Size by Region
3.3.1 Global Smart Tires Sales in Volume by Region (2024-2029)
3.3.2 Global Smart Tires Sales in Value by Region (2024-2029)
3.3.3 Global Smart Tires Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Smart Tires by Application
4.1 Smart Tires Market Segment by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Smart Tires Market Size by Application
4.2.1 Global Smart Tires Market Size Overview by Application (2018-2029)
4.2.2 Global Smart Tires Historic Market Size Review by Application (2018-2023)
4.2.3 Global Smart Tires Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Smart Tires Sales Breakdown by Application (2018-2023)
4.3.2 Europe Smart Tires Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Smart Tires Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Smart Tires Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Smart Tires Sales Breakdown by Application (2018-2023)
5 North America Smart Tires by Country
5.1 North America Smart Tires Historic Market Size by Country
5.1.1 North America Smart Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Smart Tires Sales in Volume by Country (2018-2023)
5.1.3 North America Smart Tires Sales in Value by Country (2018-2023)
5.2 North America Smart Tires Forecasted Market Size by Country
5.2.1 North America Smart Tires Sales in Volume by Country (2024-2029)
5.2.2 North America Smart Tires Sales in Value by Country (2024-2029)
6 Europe Smart Tires by Country
6.1 Europe Smart Tires Historic Market Size by Country
6.1.1 Europe Smart Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Smart Tires Sales in Volume by Country (2018-2023)
6.1.3 Europe Smart Tires Sales in Value by Country (2018-2023)
6.2 Europe Smart Tires Forecasted Market Size by Country
6.2.1 Europe Smart Tires Sales in Volume by Country (2024-2029)
6.2.2 Europe Smart Tires Sales in Value by Country (2024-2029)
7 Asia-Pacific Smart Tires by Region
7.1 Asia-Pacific Smart Tires Historic Market Size by Region
7.1.1 Asia-Pacific Smart Tires Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Smart Tires Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Smart Tires Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Smart Tires Forecasted Market Size by Region
7.2.1 Asia-Pacific Smart Tires Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Smart Tires Sales in Value by Region (2024-2029)
8 Latin America Smart Tires by Country
8.1 Latin America Smart Tires Historic Market Size by Country
8.1.1 Latin America Smart Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Smart Tires Sales in Volume by Country (2018-2023)
8.1.3 Latin America Smart Tires Sales in Value by Country (2018-2023)
8.2 Latin America Smart Tires Forecasted Market Size by Country
8.2.1 Latin America Smart Tires Sales in Volume by Country (2024-2029)
8.2.2 Latin America Smart Tires Sales in Value by Country (2024-2029)
9 Middle East and Africa Smart Tires by Country
9.1 Middle East and Africa Smart Tires Historic Market Size by Country
9.1.1 Middle East and Africa Smart Tires Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Smart Tires Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Smart Tires Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Smart Tires Forecasted Market Size by Country
9.2.1 Middle East and Africa Smart Tires Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Smart Tires Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Michelin
10.1.1 Michelin Company Information
10.1.2 Michelin Introduction and Business Overview
10.1.3 Michelin Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Michelin Smart Tires Products Offered
10.1.5 Michelin Recent Development
10.2 Continental
10.2.1 Continental Company Information
10.2.2 Continental Introduction and Business Overview
10.2.3 Continental Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Continental Smart Tires Products Offered
10.2.5 Continental Recent Development
10.3 Goodyear
10.3.1 Goodyear Company Information
10.3.2 Goodyear Introduction and Business Overview
10.3.3 Goodyear Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Goodyear Smart Tires Products Offered
10.3.5 Goodyear Recent Development
10.4 Bridgestone
10.4.1 Bridgestone Company Information
10.4.2 Bridgestone Introduction and Business Overview
10.4.3 Bridgestone Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Bridgestone Smart Tires Products Offered
10.4.5 Bridgestone Recent Development
10.5 Pirelli
10.5.1 Pirelli Company Information
10.5.2 Pirelli Introduction and Business Overview
10.5.3 Pirelli Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Pirelli Smart Tires Products Offered
10.5.5 Pirelli Recent Development
10.6 Cheng Shin Tyre
10.6.1 Cheng Shin Tyre Company Information
10.6.2 Cheng Shin Tyre Introduction and Business Overview
10.6.3 Cheng Shin Tyre Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Cheng Shin Tyre Smart Tires Products Offered
10.6.5 Cheng Shin Tyre Recent Development
10.7 ZC Rubber
10.7.1 ZC Rubber Company Information
10.7.2 ZC Rubber Introduction and Business Overview
10.7.3 ZC Rubber Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.7.4 ZC Rubber Smart Tires Products Offered
10.7.5 ZC Rubber Recent Development
10.8 Double Coin
10.8.1 Double Coin Company Information
10.8.2 Double Coin Introduction and Business Overview
10.8.3 Double Coin Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Double Coin Smart Tires Products Offered
10.8.5 Double Coin Recent Development
10.9 Guizhou Tyre
10.9.1 Guizhou Tyre Company Information
10.9.2 Guizhou Tyre Introduction and Business Overview
10.9.3 Guizhou Tyre Smart Tires Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Guizhou Tyre Smart Tires Products Offered
10.9.5 Guizhou Tyre Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Smart Tires Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Smart Tires Industrial Chain Analysis
11.4 Smart Tires Market Dynamics
11.4.1 Smart Tires Industry Trends
11.4.2 Smart Tires Market Drivers
11.4.3 Smart Tires Market Challenges
11.4.4 Smart Tires Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Smart Tires Distributors
12.3 Smart Tires Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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