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Automotive Intelligent Tires Market Size and Growth Forecast: Global Insights and Analysis

Report ID : 1294399 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Automotive Intelligent Tires Market is categorized based on Tire Type (Passenger Car Tires, Light Truck Tires, Heavy Truck Tires, Two-Wheeler Tires, Specialty Tires) and Technology (Pressure Monitoring Systems, Temperature Monitoring Systems, Wear Monitoring Systems, Adaptive Tire Technologies, Telematics Systems) and Application (Passenger Vehicles, Commercial Vehicles, Motorcycles, Electric Vehicles, Off-Road Vehicles) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

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As of 2023, the Automotive Intelligent Tires Market size stood at $2.5 billion and is expected to attain $10 billion by 2033, growing at a 15.2% CAGR from 2024 through 2033. The report includes diverse segments and offers an analysis of trends and factors substantially impacting the market.Automotive Intelligent Tires Market Size and Growth Forecast: Global Insights and Analysis

The Automotive Intelligent Tires Market is a brilliant sector across the automotives industry which is quickly emerging because of the rising need for vehicle safety, performance, and efficiency. As vehicles become more complex per case, the incorporation of smart technologies into tire design is becoming necessary. Intelligent tires that have sensors and analytics built in will give fleet owners and drivers real time information regarding the tire condition, tire pressure, tire temperature, and even the road conditions. This allows the operators to optimize performance and be proactive in potential issues that may result.

The market is impacted by the increasing awareness towards road safety, the growing number of electric and self-driving automobiles, and even the global requirements for sustainable mobility. Innovation in the development of electric and self-driving automobiles is crucial especially as consumer expectations rise. The intelligent tire technology represents a large step forward in these efforts. The Autonomous Intelligent Tire Market is ready for momentous growth and offers a wide range of opportunities for providers passionate about innovation focused on facilitating driving and safeguarding nature.

 


ATTRIBUTES DETAILS
STUDY PERIOD2023-2033
BASE YEAR2023
FORECAST PERIOD2024-2033
HISTORICAL PERIOD2023-2024
UNITVALUE (USD BILLION)
KEY COMPANIES PROFILEDBridgestone Corporation, Michelin, Goodyear Tire & Rubber Company, Continental AG, Pirelli & C. S.p.A., Hankook Tire & Technology Co. Ltd., Dunlop Tyres, Sumitomo Rubber Industries Ltd., Nokian Tyres plc, Yokohama Rubber Company, Toyo Tire Corporation
SEGMENTS COVERED By Tire Type - Passenger Car Tires, Light Truck Tires, Heavy Truck Tires, Two-Wheeler Tires, Specialty Tires
By Technology - Pressure Monitoring Systems, Temperature Monitoring Systems, Wear Monitoring Systems, Adaptive Tire Technologies, Telematics Systems
By Application - Passenger Vehicles, Commercial Vehicles, Motorcycles, Electric Vehicles, Off-Road Vehicles
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

Automotive Intelligent Tires Market Dynamics

The Automotive Intelligent Tires Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

  1. Technological Advancements
  2. Increasing Consumer Demand
  3. Regulatory Support
  4. Globalization

Market Restraints

  1. High Operational Costs
  2. Regulatory Challenges
  3. Market Saturation

Market Opportunities

  1. Emerging Markets
  2. Product Innovation
  3. Strategic Partnerships

Market Challenges

  1. Technological Disruptions
  2. Supply Chain Issues
  3. Changing Consumer Preferences


Automotive Intelligent Tires Market Segmentations


Market Breakup by Tire Type

  • Overview
  • Passenger Car Tires
  • Light Truck Tires
  • Heavy Truck Tires
  • Two-Wheeler Tires
  • Specialty Tires

Market Breakup by Technology

  • Overview
  • Pressure Monitoring Systems
  • Temperature Monitoring Systems
  • Wear Monitoring Systems
  • Adaptive Tire Technologies
  • Telematics Systems

Market Breakup by Application

  • Overview
  • Passenger Vehicles
  • Commercial Vehicles
  • Motorcycles
  • Electric Vehicles
  • Off-Road Vehicles

Market Breakup by Region


North America

  • United States of America
  • Canada
  • Mexico

Europe

  • United Kingdom
  • Germany
  • France
  • Italy
  • Spain
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Key Players in the Automotive Intelligent Tires Market

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.



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