Asia Pacific Automotive Smart Tire Market 2020-2030 by Product (Connected Tire, Intelligent Tire/TPMS), Engineering Technology (Pneumatic, Run-Flat, Non-Pneumatic), Vehicle Type

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Dec 2021 - 122 Pages - From $3,200
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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.)

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 25
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Asia Pacific Market by Product 44
3.1 Market Overview by Product 44
3.1.1 Connected Tire 47
3.1.2 Intelligent Tire/TPMS 49
3.2 Asia Pacific Automotive Smart Tire Market by Sensor 51
3.2.1 Tire Pressure Monitoring System (TPMS) 52
3.2.2 Accelerometer Sensor 53
3.2.3 Strain Gauge Sensor 54
3.2.4 RFID Chip 55
3.2.5 Other Sensors 56
4 Segmentation of Asia Pacific Market by Engineering Technology 57
4.1 Market Overview by Engineering Technology 57
4.2 Pneumatic Tire 59
4.3 Run-Flat Tire 60
4.4 Non-Pneumatic Tire 61
5 Segmentation of Asia Pacific Market by Vehicle Type 62
5.1 Market Overview by Vehicle Type 62
5.2 Commercial Vehicles 65
5.3 Passenger Cars 67
6 Segmentation of Asia Pacific Market by Vehicle Propulsion 69
6.1 Market Overview by Vehicle Propulsion 69
6.2 Conventional Vehicles 72
6.3 Electric Vehicles (EV) 74
7 Segmentation of Asia Pacific Market by Distribution Channel 76
7.1 Market Overview by Distribution Channel 76
7.2 OEMs 79
7.3 Aftermarket 81
8 Asia-Pacific Market 2019-2030 by Country 83
8.1 Overview of Asia-Pacific Market 83
8.2 Japan 87
8.3 China 90
8.4 Australia 92
8.5 India 94
8.6 South Korea 96
8.7 Rest of APAC Region 98
9 Competitive Landscape 100
9.1 Overview of Key Vendors 100
9.2 New Product Launch, Partnership, Investment, and M&A 103
9.3 Company Profiles 104
Bridgestone Corporation 104
Continental AG 106
Hankook Tire & Technology Co., Ltd. 107
Infineon Technologies AG 108
JK Tyres & Industries Ltd. 109
Michelin Group 110
Nexen Tire Corporation 111
Nokian Tyres Plc. 112
NXP Semiconductors 113
Pirelli & C. S.p.A 114
Revvo Technologies, Inc. 115
Schrader TPMS Solutions 116
Sumitomo Rubber Industries, Ltd. 117
The Goodyear Tire & Rubber Co. 118
The Yokohama Rubber Company, Limited 119
Toyo Tire Corporation 120
Yokohama Rubber Co., Ltd. 121
RELATED REPORTS 122

List of Tables:

Table 1. Snapshot of Asia Pacific Automotive Smart Tire Market in Balanced Perspective, 2019-2030 18
Table 2. Growth Rate of World GDP, 2020-2022 24
Table 3. Association for Automotive Tire Industry by Country 30
Table 4. Main Product Trends and Market Opportunities in Asia Pacific Automotive Smart Tire Market 36
Table 5. Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, $ mn 44
Table 6. Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, million units 44
Table 7. Asia Pacific Automotive Smart Tire Market by Sensor, 2019-2030, $ mn 51
Table 8. Asia Pacific Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn 57
Table 9. Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 62
Table 10. Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units 62
Table 11. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn 69
Table 12. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units 69
Table 13. Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 76
Table 14. Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units 76
Table 15. APAC Automotive Smart Tire Market by Country, 2019-2030, $ mn 85
Table 16. APAC Automotive Smart Tire Market by Country, 2019-2030, million units 86
Table 17. Japan Automotive Smart Tire Market by Product, 2019-2030, $ mn 89
Table 18. Japan Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 89
Table 19. Japan Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 89
Table 20. China Automotive Smart Tire Market by Product, 2019-2030, $ mn 91
Table 21. China Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 91
Table 22. China Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 91
Table 23. Australia Automotive Smart Tire Market by Product, 2019-2030, $ mn 93
Table 24. Australia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 93
Table 25. Australia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 93
Table 26. India Automotive Smart Tire Market by Product, 2019-2030, $ mn 95
Table 27. India Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 95
Table 28. India Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 95
Table 29. South Korea Automotive Smart Tire Market by Product, 2019-2030, $ mn 97
Table 30. South Korea Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 97
Table 31. South Korea Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 97
Table 32. Automotive Smart Tire Market in Rest of APAC by Country/Region, 2019-2030, $ mn 99
Table 33. Bridgestone Corporation: Company Snapshot 104
Table 34. Bridgestone Corporation: Business Segmentation 104
Table 35. Bridgestone Corporation: Product Portfolio 105
Table 36. Bridgestone Corporation: Revenue, 2018-2020, $ mn 105

 

 

List of Figures:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 17
Figure 4. Value Chain Analysis 20
Figure 5. Asia Pacific Automotive Smart Tire Market by Demand Value, 2019-2030, $ mn 21
Figure 6. Asia Pacific Automotive Smart Tire Market by Demand Volume, 2019-2030, million units 22
Figure 7. Impact of COVID-19 on Business 25
Figure 8. Primary Drivers and Impact Factors of Asia Pacific Automotive Smart Tire Market 27
Figure 9. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn 31
Figure 10. World Electric Vehicle Market by Sales Volume, 2019-2030, million units 31
Figure 11. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 32
Figure 12. Primary Restraints and Impact Factors of Asia Pacific Automotive Smart Tire Market 33
Figure 13. Investment Opportunity Analysis 37
Figure 14. Porter’s Fiver Forces Analysis of Asia Pacific Automotive Smart Tire Market 40
Figure 15. Breakdown of Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, % of Revenue 45
Figure 16. Asia Pacific Addressable Market Cap in 2021-2030 by Product, Value ($ mn) and Share (%) 45
Figure 17. Breakdown of Asia Pacific Automotive Smart Tire Market by Product, 2019-2030, % of Demand Volume 46
Figure 18. Asia Pacific Addressable Market Cap in 2021-2030 by Product, Volume (million units) and Share (%) 46
Figure 19. Asia Pacific Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, $ mn 47
Figure 20. Asia Pacific Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, million units 48
Figure 21. Asia Pacific Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, $ mn 49
Figure 22. Asia Pacific Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, million units 50
Figure 23. Asia Pacific Automotive Smart Tire Market by Sensor Type: Tire Pressure Monitoring System (TPMS), 2019-2030, $ mn 52
Figure 24. Asia Pacific Automotive Smart Tire Market by Sensor Type: Accelerometer Sensor, 2019-2030, $ mn 53
Figure 25. Asia Pacific Automotive Smart Tire Market by Sensor Type: Strain Gauge Sensor, 2019-2030, $ mn 54
Figure 26. Asia Pacific Automotive Smart Tire Market by Sensor Type: RFID Chip, 2019-2030, $ mn 55
Figure 27. Asia Pacific Automotive Smart Tire Market by Sensor Type: Other Sensors, 2019-2030, $ mn 56
Figure 28. Breakdown of Asia Pacific Automotive Smart Tire Market by Engineering Technology, 2019-2030, % of Sales Revenue 58
Figure 29. Asia Pacific Addressable Market Cap in 2021-2030 by Engineering Technology, Value ($ mn) and Share (%) 58
Figure 30. Asia Pacific Automotive Smart Tire Market by Engineering Technology: Pneumatic Tire, 2019-2030, $ mn 59
Figure 31. Asia Pacific Automotive Smart Tire Market by Engineering Technology: Run-Flat Tire, 2019-2030, $ mn 60
Figure 32. Asia Pacific Automotive Smart Tire Market by Engineering Technology: Non-Pneumatic Tire, 2019-2030, $ mn 61
Figure 33. Breakdown of Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Sales Revenue 63
Figure 34. Asia Pacific Addressable Market Cap in 2021-2030 by Vehicle Type, Value ($ mn) and Share (%) 63
Figure 35. Breakdown of Asia Pacific Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Demand Volume 64
Figure 36. Asia Pacific Addressable Market Cap in 2021-2030 by Vehicle Type, Volume (million units) and Share (%) 64
Figure 37. Asia Pacific Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, $ mn 65
Figure 38. Asia Pacific Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, million units 66
Figure 39. Asia Pacific Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, $ mn 67
Figure 40. Asia Pacific Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, million units 68
Figure 41. Breakdown of Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Revenue 70
Figure 42. Asia Pacific Addressable Market Cap in 2021-2030 by Vehicle Propulsion, Value ($ mn) and Share (%) 70
Figure 43. Breakdown of Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Demand Volume 71
Figure 44. Asia Pacific Addressable Market Cap in 2021-2030 by Vehicle Propulsion, Volume (million units) and Share (%) 71
Figure 45. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, $ mn 72
Figure 46. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, million units 73
Figure 47. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, $ mn 74
Figure 48. Asia Pacific Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, million units 75
Figure 49. Breakdown of Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Revenue 77
Figure 50. Asia Pacific Addressable Market Cap in 2021-2030 by Distribution Channel, Value ($ mn) and Share (%) 77
Figure 51. Breakdown of Asia Pacific Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Demand Volume 78
Figure 52. Asia Pacific Addressable Market Cap in 2021-2030 by Distribution Channel, Volume (million units) and Share (%) 78
Figure 53. Asia Pacific Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, $ mn 79
Figure 54. Asia Pacific Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, million units 80
Figure 55. Asia Pacific Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, $ mn 81
Figure 56. Asia Pacific Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, million units 82
Figure 57. Breakdown of APAC Automotive Smart Tire Market by Country, 2019 and 2030, % of Revenue 84
Figure 58. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 85
Figure 59. Contribution to APAC 2021-2030 Cumulative Market by Country, Volume (million units) and Share (%) 86
Figure 60. Automotive Smart Tire Market in Japan, 2019-2030, $ mn 88
Figure 61. Automotive Smart Tire Market in China, 2019-2030, $ mn 90
Figure 62. Automotive Smart Tire Market in Australia, 2019-2030, $ mn 92
Figure 63. Automotive Smart Tire Market in India, 2019-2030, $ mn 94
Figure 64. Automotive Smart Tire Market in South Korea, 2019-2030, $ mn 96
Figure 65. Automotive Smart Tire Market in Rest of APAC, 2019-2030, $ mn 98
Figure 66. Growth Stage of Asia Pacific Automotive Smart Tire Industry over the Forecast Period 100

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