Automotive Smart Tire Market Insights on Connected and Autonomous Vehicles 2030
Automotive Smart Tire Market was valued at USD 88.50 Billion in 2023 and is expected to grow to USD 162.5 Billion by 2030, representing a compound annual growth rate (CAGR) of 8.1% during the forecast period

Automotive Smart Tire Market Overview

Maximize Market Research provides a brief description of Automotive Smart Tire. It includes the latest snapshots of the Automotive Smart Tire Market, and best understands its features with an overview of the market that highlights standard topics and customizes the data as needed. This overview will help clients decide how to approach the Automotive Smart Tire market and understand the situation in the industry.Automotive Smart Tire Market was valued at USD 88.50 Billion in 2023 and is expected to grow to USD 162.5 Billion by 2030, representing a compound annual growth rate (CAGR) of 8.1% during the forecast period.

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Automotive Smart Tire Market Report Scope and Research Methodology 

The research offers an extensive analysis of the global Automotive Smart Tire market encompassing aspects such as size, growth, supply, demand, share, innovations, and recent developments. Key stakeholders can leverage the statistics, tables, and figures in the report for strategic planning that drives organizational success. The Automotive Smart Tire market report includes a comprehensive overview of key players in the Automotive Smart Tire industry, encompassing Company Profile, Revenue, Product Specifications, Production Capacity/Sales, Price, and Gross Margin Sales. Additionally, the report provides a detailed examination of the competitive landscape. The Automotive Smart Tire market size was determined using a bottom-up approach by value estimation. The report employs SWOT analysis and Porter's Five Force Analysis to define, characterize, and analyze the competitive landscape of the Automotive Smart Tire market, with a focus on global key players.

Automotive Smart Tire Market Regional Insights

Gaining a comprehensive grasp of local energy, economic, political, and geographic factors is crucial for conducting a meaningful evaluation of potential policy choices in response to the evolution of the Automotive Smart Tire market across the regions outlined in the report. The report aids clients in comprehending regional insights, thus ensuring a thorough understanding of the impacts of the Automotive Smart Tire# market and identifying local growth prospects and limitations at the country level.

Automotive Smart Tire Market Segmentation

By Technology

Pneumatic Tire
Non-Pneumatic Tire

By Features

Connected Tire
Tire pressure Monitoring system
Others

By Vehicle Type

Passenger Vehicle
Light Commercial Vehicle
Heavy Duty Truck
Bus & Coach

By Sales Channel

OEM
Aftermarket

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Automotive Smart Tire Market Key Players

North America
1. Cooper Tire & Rubber Company (United States)
2. The Goodyear Tire & Rubber Company (United States)

Europe
1. Continental AG (Germany)
2. Michelin Group (France)
3. Pirelli & C. S.p.A. (Italy)
4. Nokian Tyres plc (Finland)

Asia Pacific:
1. Hankook Tire & Technology Co., Ltd. (South Korea)
2. Sumitomo Rubber Industries, Ltd. (Japan)
3. Yokohama Rubber Co., Ltd. (Japan)
4. Toyo Tire Corporation (Japan)
5. Bridgestone Corporation (Japan)
6. Apollo Tyres Ltd. (India)
7. Kumho Tire Co., Inc. (South Korea)
8. Maxxis International - Cheng Shin Rubber Ind. Co., Ltd. (Taiwan)
9. Falken Tire Corporation (Japan)
10. Zhongce Rubber Group Co., Ltd. (China)
11. Giti Tire Pte. Ltd. (Singapore)
12. MRF Ltd. (India)
13. Nexen Tire Corporation (South Korea)
14. Cheng Shin Rubber (Maxxis) (Taiwan)

Key questions answered in the Automotive Smart Tire Market are:

  • What is Automotive Smart Tire?
  • What are the Automotive Smart Tire market segments?
  • What are the major drivers of the Automotive Smart Tire Market?
  • What factors are expected to challenge the market growth during the forecast period?
  • Which region held the largest Automotive Smart Tire market share?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2025−2032
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments and sub-segments
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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