Asia Pacific automotive smart tire market will grow by 8.1% annually with a total addressable market cap of $563.9 billion over 2021-2030 owing to the escalating demand for electric vehicle, the rapid emergence and advancement of autonomous and connected vehicles, as well as the increasing adoption of artificial intelligence (AI) and 5G networks.
Highlighted with 36 tables and 66 figures, this 122-page report “Asia Pacific Automotive Smart Tire Market 2020-2030 by Product (Connected Tire, Intelligent Tire/TPMS), Engineering Technology (Pneumatic, Run-Flat, Non-Pneumatic), Vehicle Type (Commercial, Passenger), Vehicle Propulsion (Conventional, EV), Distribution Channel (OEMs, Aftermarket), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific automotive smart tire market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific automotive smart tire market in every aspect of the classification from perspectives of Product, Sensor, Engineering Technology, Vehicle Type, Vehicle Propulsion, Distribution Channel, and Country.
Based on Product, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• Connected Tire
• Intelligent Tire/TPMS
By Sensor, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• TPMS
• Accelerometer Sensor
• Strain Gauge Sensor
• RFID Chip
• Other Sensors
Based on Engineering Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Pneumatic Tire
• Run-Flat Tire
• Non-Pneumatic Tire
Based on Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• Commercial Vehicles
• Passenger Cars
Based on Vehicle Propulsion, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• Conventional Vehicles
• Electric Vehicles (EV)
Based on Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and annual shipment (million units) for 2019-2030 included in each section.
• OEMs
• Aftermarket
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) and demand volume (million units) are available for 2019-2030. The breakdown of key national markets by Product, Vehicle Type, and Distribution Channel over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Bridgestone Corporation
Continental AG
Hankook Tire & Technology Co., Ltd.
Infineon Technologies AG
JK Tyres & Industries Ltd.
Michelin Group
Nexen Tire Corporation
Nokian Tyres Plc.
NXP Semiconductors
Pirelli & C. S.p.A
Revvo Technologies, Inc.
Schrader TPMS Solutions
Sumitomo Rubber Industries, Ltd.
The Goodyear Tire & Rubber Co.
The Yokohama Rubber Company, Limited
Toyo Tire Corporation
Yokohama Rubber Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
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