North America 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 - 116 Pages - From $3,200
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North America automotive smart tire market is expected to grow by 6.3% annually in the forecast period and reach $38.7 billion by 2030 driven by 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 29 tables and 63 figures, this 116-page report “North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico
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 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 32
2.4 Emerging Opportunities and Market Trends 35
2.5 Porter’s Fiver Forces Analysis 39
3 Segmentation of North America 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 North America 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 North America 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 North America 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 North America 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 North America Market by Distribution Channel 76
7.1 Market Overview by Distribution Channel 76
7.2 OEMs 79
7.3 Aftermarket 81
8 North America Market 2019-2030 by Country 83
8.1 Overview of North America Market 83
8.2 U.S. 87
8.3 Canada 90
8.4 Mexico 92
9 Competitive Landscape 94
9.1 Overview of Key Vendors 94
9.2 New Product Launch, Partnership, Investment, and M&A 97
9.3 Company Profiles 98
Bridgestone Corporation 98
Continental AG 100
Hankook Tire & Technology Co., Ltd. 101
Infineon Technologies AG 102
JK Tyres & Industries Ltd. 103
Michelin Group 104
Nexen Tire Corporation 105
Nokian Tyres Plc. 106
NXP Semiconductors 107
Pirelli & C. S.p.A 108
Revvo Technologies, Inc. 109
Schrader TPMS Solutions 110
Sumitomo Rubber Industries, Ltd. 111
The Goodyear Tire & Rubber Co. 112
The Yokohama Rubber Company, Limited 113
Toyo Tire Corporation 114
Yokohama Rubber Co., Ltd. 115
RELATED REPORTS 116

List of Tables:

Table 1. Snapshot of North America Automotive Smart Tire Market in Balanced Perspective, 2019-2030 16
Table 2. Growth Rate of World GDP, 2020-2022 22
Table 3. Association for Automotive Tire Industry by Country 29
Table 4. Main Product Trends and Market Opportunities in North America Automotive Smart Tire Market 35
Table 5. North America Automotive Smart Tire Market by Product, 2019-2030, $ mn 44
Table 6. North America Automotive Smart Tire Market by Product, 2019-2030, million units 44
Table 7. North America Automotive Smart Tire Market by Sensor, 2019-2030, $ mn 51
Table 8. North America Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn 57
Table 9. North America Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 62
Table 10. North America Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units 62
Table 11. North America Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn 69
Table 12. North America Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units 69
Table 13. North America Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 76
Table 14. North America Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units 76
Table 15. North America Automotive Smart Tire Market by Country, 2019-2030, $ mn 85
Table 16. North America Automotive Smart Tire Market by Country, 2019-2030, million units 86
Table 17. U.S. Automotive Smart Tire Market by Product, 2019-2030, $ mn 89
Table 18. U.S. Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 89
Table 19. U.S. Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 89
Table 20. Canada Automotive Smart Tire Market by Product, 2019-2030, $ mn 91
Table 21. Canada Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 91
Table 22. Canada Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 91
Table 23. Mexico Automotive Smart Tire Market by Product, 2019-2030, $ mn 93
Table 24. Mexico Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 93
Table 25. Mexico Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 93
Table 26. Bridgestone Corporation: Company Snapshot 98
Table 27. Bridgestone Corporation: Business Segmentation 98
Table 28. Bridgestone Corporation: Product Portfolio 99
Table 29. Bridgestone Corporation: Revenue, 2018-2020, $ mn 99

 

 

List of Figures:

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

 

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