Worldwide Automotive Intelligent Tires Industry to 2025 - Key Drivers, Challenges and Trends
Dublin, June 11, 2021 (GLOBE NEWSWIRE) -- The "Global Automotive Intelligent Tires Market 2021-2025" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the automotive intelligent tires market and it is poised to grow by $13.39 billion during 2021-2025, progressing at a CAGR of almost 42% during the forecast period. The report on automotive intelligent tires market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing need for safe tires, increasing penetration of TPMS in truck tires, and introduction of stringent vehicular emission and fuel efficiency mandates.
The automotive intelligent tires market analysis includes application segment and geographic landscape.
The automotive intelligent tires market is segmented as below:
By Application
Commercial vehicles
Passenger cars
By Geography
Europe
North America
APAC
South America
MEA
This study identifies the preferable use of intelligent tires in platooning systems as one of the prime reasons driving the automotive intelligent tires market growth during the next few years. Also, progress toward connected cars and the use of IMU sensors in intelligent tires will lead to sizable demand in the market.
The report on automotive intelligent tires market covers the following areas:
Automotive intelligent tires market sizing
Automotive intelligent tires market forecast
Automotive intelligent tires market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive intelligent tires market vendors that include Bridgestone Corp., Continental AG, Hankook Tire & Technology Co. Ltd., Michelin Group, Nokian Tyres Plc, Pirelli Tyre Spa, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Co., Toyo Tire Corp., and Yokohama Rubber Co. Ltd. Also, the automotive intelligent tires market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Key Topics Covered:
1. Executive Summary
Market Overview
2. Market Landscape
Market ecosystem
Value chain analysis
3. Market Sizing
Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
4. Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
5. Market Segmentation by Application
Market segments
Comparison by Application
Commercial vehicles - Market size and forecast 2020-2025
Passenger cars - Market size and forecast 2020-2025
Market opportunity by Application
6. Customer landscape
Overview
7. Geographic Landscape
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
8. Vendor Landscape
Overview
Landscape disruption
9. Vendor Analysis
Vendors covered
Market positioning of vendors
Bridgestone Corp.
Continental AG
Hankook Tire & Technology Co. Ltd.
Michelin Group
Nokian Tyres Plc
Pirelli Tyre Spa
Sumitomo Rubber Industries Ltd.
The Goodyear Tire & Rubber Co.
Toyo Tire Corp.
Yokohama Rubber Co. Ltd.
10. Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
For more information about this report visit https://www.researchandmarkets.com/r/psbviy
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