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Europe Automotive Smart Tire Market 2022-2030 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

February 2023 | 149 pages | ID: EA3BC62EC83EEN
GMD Research

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Europe automotive smart tire market was valued at $20,691.9 million in 2022 and will grow by 7.3% annually over 2022-2030, driven by the escalating demand for electric vehicle to curb the GHG gas emission, 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 75 tables and 67 figures, this 149 page report “Europe Automotive Smart Tire Market 2022-2030 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 Europe 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 2019-2022 and provides forecast from 2023 till 2030 with 2022 as the base year. (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.)

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 Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Europe automotive smart tire market in every aspect of the classification from perspectives of Product, Engineering Technology, Vehicle Type, Vehicle Propulsion, Distribution Channel, and Country.

Based on Product, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
Connected Tire
Intelligent Tire/TPMS

Based on Sensor Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.
TPMS
Accelerometer Sensor
Strain Gauge Sensor
RFID Chip
Other Sensors

Based on Engineering Technology, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.
Pneumatic Tire
Run-Flat Tire
Non-Pneumatic Tire

By Vehicle Type, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
Commercial Vehicles
Passenger Cars

By Vehicle Propulsion, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
Conventional Vehicles
Electric Vehicles (EV)

By Distribution Channel, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.
OEMs
Aftermarket

Geographically, the following national/local markets are fully investigated:
Germany
UK
France
Spain
Italy
Russia
Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($mn) are available for 2022-2030. The breakdown of 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.
Selected Key Players:
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
(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

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF EUROPE MARKET BY PRODUCT

3.1 Market Overview by Product
  3.1.1 Connected Tire
  3.1.2 Intelligent Tire/TPMS
3.2 Europe Automotive Smart Tire Market by Sensor
  3.2.1 Tire Pressure Monitoring System (TPMS)
  3.2.2 Accelerometer Sensor
  3.2.3 Strain Gauge Sensor
  3.2.4 RFID Chip
  3.2.5 Other Sensors

4 SEGMENTATION OF EUROPE MARKET BY ENGINEERING TECHNOLOGY

4.1 Market Overview by Engineering Technology
4.2 Pneumatic Tire
4.3 Run-Flat Tire
4.4 Non-Pneumatic Tire

5 SEGMENTATION OF EUROPE MARKET BY VEHICLE TYPE

5.1 Market Overview by Vehicle Type
5.2 Commercial Vehicles
5.3 Passenger Cars

6 SEGMENTATION OF EUROPE MARKET BY VEHICLE PROPULSION

6.1 Market Overview by Vehicle Propulsion
6.2 Conventional Vehicles
6.3 Electric Vehicles (EV)

7 SEGMENTATION OF EUROPE MARKET BY DISTRIBUTION CHANNEL

7.1 Market Overview by Distribution Channel
7.2 OEMs
7.3 Aftermarket

8 EUROPEAN MARKET 2019-2030 BY COUNTRY

8.1 Overview of European Market
8.2 Germany
8.3 U.K.
8.4 France
8.5 Spain
8.6 Italy
8.7 Russia
8.8 Rest of European Market

9 COMPETITIVE LANDSCAPE

9.1 Overview of Key Vendors
9.2 New Product Launch, Partnership, Investment, and M&A
9.3 Company Profiles
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
RELATED REPORTS

LIST OF TABLES:

Table 1. Snapshot of Europe Automotive Smart Tire Market in Balanced Perspective, 2019-2030
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Association for Automotive Tire Industry by Country
Table 6. Main Product Trends and Market Opportunities in Europe Automotive Smart Tire Market
Table 7. Europe Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 8. Europe Automotive Smart Tire Market by Product, 2019-2030, million units
Table 9. Europe Automotive Smart Tire Market by Sensor, 2019-2030, $ mn
Table 10. Europe Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn
Table 11. Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 12. Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units
Table 13. Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn
Table 14. Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units
Table 15. Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 16. Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units
Table 17. Europe Automotive Smart Tire Market by Country, 2019-2030, $ mn
Table 18. Europe Automotive Smart Tire Market by Country, 2019-2030, million units
Table 19. Germany Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 20. Germany Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 21. Germany Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 22. U.K. Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 23. U.K. Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 24. U.K. Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 25. France Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 26. France Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 27. France Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 28. Spain Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 29. Spain Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 30. Spain Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 31. Italy Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 32. Italy Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 33. Italy Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 34. Russia Automotive Smart Tire Market by Product, 2019-2030, $ mn
Table 35. Russia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn
Table 36. Russia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn
Table 37. Automotive Smart Tire Market in Rest of Europe by Country, 2019-2030, $ mn
Table 38. Bridgestone Corporation: Company Snapshot
Table 39. Bridgestone Corporation: Business Segmentation
Table 40. Bridgestone Corporation: Product Portfolio
Table 41. Continental AG: Company Snapshot
Table 42. Continental AG: Business Segmentation
Table 43. Continental AG: Revenue by Region, 2019, %
Table 44. Continental AG: Product Portfolio of Automotive Smart Tire
Table 45. Hankook Tire & Technology Co., Ltd.: Company Snapshot
Table 46. Hankook Tire & Technology Co., Ltd.: Product Portfolio of Automotive Smart Tire
Table 47. Infineon Technologies AG: Company Snapshot
Table 48. Infineon Technologies AG: Revenue Distribution by Business Segment in 2020
Table 49. Infineon Technologies AG: Revenue Distribution by Region in 2020
Table 50. Infineon Technologies AG: Product Portfolio of Automotive Smart Tire
Table 51. JK Tyres & Industries Ltd.: Company Snapshot
Table 52. JK Tyres & Industries Ltd.: Product Portfolio of Automotive Smart Tire
Table 53. Michelin Group: Company Snapshot
Table 54. Michelin Group: Product Portfolio of Automotive Smart Tire
Table 55. Nexen Tire Corporation: Company Snapshot
Table 56. Nokian Tyres Plc.: Company Snapshot
Table 57. Nokian Tyres Plc.: Product Portfolio of Automotive Smart Tire
Table 58. NXP Semiconductors N.V.: Company Snapshot
Table 59. NXP Semiconductors N.V.: Revenue Distribution by Business Segment in 2020
Table 60. NXP Semiconductors N.V.: Revenue Distribution by Region in 2020
Table 61. NXP Semiconductors N.V.: Product Portfolio of Automotive Smart Tire
Table 62. Pirelli & C. S.p.A: Company Snapshot
Table 63. Pirelli & C. S.p.A: Product Portfolio of Automotive Smart Tire
Table 64. Revvo Technologies, Inc.: Company Snapshot
Table 65. Revvo Technologies, Inc.: Product Portfolio of Automotive Smart Tire
Table 66. Schrader TPMS Solutions: Company Snapshot
Table 67. Schrader TPMS Solutions: Product Portfolio of Automotive Smart Tire
Table 68. Sumitomo Rubber Industries, Ltd.: Company Snapshot
Table 69. Sumitomo Rubber Industries, Ltd.: Product Portfolio of Automotive Smart Tire
Table 70. The Goodyear Tire & Rubber Co.: Company Snapshot
Table 71. The Goodyear Tire & Rubber Co.: Product Portfolio of Automotive Smart Tire
Table 72. The Yokohama Rubber Company, Limited: Company Snapshot
Table 73. The Yokohama Rubber Company, Limited: Product Portfolio of Automotive Smart Tire
Table 74. Toyo Tire Corporation: Company Snapshot
Table 75. Toyo Tire Corporation: Product Portfolio of Automotive Smart Tire

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2030
Figure 4. Value Chain Analysis
Figure 5. Europe Automotive Smart Tire Market by Demand Value, 2019-2030, $ mn
Figure 6. Europe Automotive Smart Tire Market by Demand Volume, 2019-2030, million units
Figure 7. Impact of COVID-19 on Business
Figure 8. Primary Drivers and Impact Factors of Europe Automotive Smart Tire Market
Figure 9. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn
Figure 10. World Electric Vehicle Market by Sales Volume, 2019-2030, million units
Figure 11. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, %
Figure 12. Primary Restraints and Impact Factors of Europe Automotive Smart Tire Market
Figure 13. Investment Opportunity Analysis
Figure 14. Porter’s Fiver Forces Analysis of Europe Automotive Smart Tire Market
Figure 15. Breakdown of Europe Automotive Smart Tire Market by Product, 2019-2030, % of Revenue
Figure 16. Europe Addressable Market Cap in 2023-2030 by Product, Value ($ mn) and Share (%)
Figure 17. Breakdown of Europe Automotive Smart Tire Market by Product, 2019-2030, % of Demand Volume
Figure 18. Europe Addressable Market Cap in 2023-2030 by Product, Volume (million units) and Share (%)
Figure 19. Europe Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, $ mn
Figure 20. Europe Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, million units
Figure 21. Europe Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, $ mn
Figure 22. Europe Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, million units
Figure 23. Europe Automotive Smart Tire Market by Sensor Type: Tire Pressure Monitoring System (TPMS), 2019-2030, $ mn
Figure 24. Europe Automotive Smart Tire Market by Sensor Type: Accelerometer Sensor, 2019-2030, $ mn
Figure 25. Europe Automotive Smart Tire Market by Sensor Type: Strain Gauge Sensor, 2019-2030, $ mn
Figure 26. Europe Automotive Smart Tire Market by Sensor Type: RFID Chip, 2019-2030, $ mn
Figure 27. Europe Automotive Smart Tire Market by Sensor Type: Other Sensors, 2019-2030, $ mn
Figure 28. Breakdown of Europe Automotive Smart Tire Market by Engineering Technology, 2019-2030, % of Sales Revenue
Figure 29. Europe Addressable Market Cap in 2023-2030 by Engineering Technology, Value ($ mn) and Share (%)
Figure 30. Europe Automotive Smart Tire Market by Engineering Technology: Pneumatic Tire, 2019-2030, $ mn
Figure 31. Europe Automotive Smart Tire Market by Engineering Technology: Run-Flat Tire, 2019-2030, $ mn
Figure 32. Europe Automotive Smart Tire Market by Engineering Technology: Non-Pneumatic Tire, 2019-2030, $ mn
Figure 33. Breakdown of Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Sales Revenue
Figure 34. Europe Addressable Market Cap in 2023-2030 by Vehicle Type, Value ($ mn) and Share (%)
Figure 35. Breakdown of Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Demand Volume
Figure 36. Europe Addressable Market Cap in 2023-2030 by Vehicle Type, Volume (million units) and Share (%)
Figure 37. Europe Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, $ mn
Figure 38. Europe Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, million units
Figure 39. Europe Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, $ mn
Figure 40. Europe Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, million units
Figure 41. Breakdown of Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Revenue
Figure 42. Europe Addressable Market Cap in 2023-2030 by Vehicle Propulsion, Value ($ mn) and Share (%)
Figure 43. Breakdown of Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Demand Volume
Figure 44. Europe Addressable Market Cap in 2023-2030 by Vehicle Propulsion, Volume (million units) and Share (%)
Figure 45. Europe Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, $ mn
Figure 46. Europe Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, million units
Figure 47. Europe Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, $ mn
Figure 48. Europe Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, million units
Figure 49. Breakdown of Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Revenue
Figure 50. Europe Addressable Market Cap in 2023-2030 by Distribution Channel, Value ($ mn) and Share (%)
Figure 51. Breakdown of Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Demand Volume
Figure 52. Europe Addressable Market Cap in 2023-2030 by Distribution Channel, Volume (million units) and Share (%)
Figure 53. Europe Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, $ mn
Figure 54. Europe Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, million units
Figure 55. Europe Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, $ mn
Figure 56. Europe Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, million units
Figure 57. Breakdown of European Automotive Smart Tire Market by Country, 2022 and 2030, % of Revenue
Figure 58. Contribution to Europe 2023-2030 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 59. Contribution to Europe 2023-2030 Cumulative Market by Country, Volume (million units) and Share (%)
Figure 60. Automotive Smart Tire Market in Germany, 2019-2030, $ mn
Figure 61. Automotive Smart Tire Market in U.K., 2019-2030, $ mn
Figure 62. Automotive Smart Tire Market in France, 2019-2030, $ mn
Figure 63. Automotive Smart Tire Market in Spain, 2019-2030, $ mn
Figure 64. Automotive Smart Tire Market in Italy, 2019-2030, $ mn
Figure 65. Automotive Smart Tire Market in Russia, 2019-2030, $ mn
Figure 66. Automotive Smart Tire Market in Rest of Europe, 2019-2030, $ mn
Figure 67. Growth Stage of Europe Automotive Smart Tire Industry over the Forecast Period


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