INTELLIGENT TIRE MARKET ANALYSIS

Intelligent Tire Market, by Product Type (Inflatable Tires and Solid Tires), by Application (Passenger Cars and Commercial Vehicles), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Dec 2024
Code : CMI2302
Formats :
Excel and PDF
Industry : Automotive and Transportation

Leading Companies

Global Intelligent Tire Market: Competitive Landscape

Key players operating in the global intelligent tire market include, The Goodyear Tire & Rubber Company, Continental AG, Michelin Group, The Yokohama Rubber Company, Limited, Sumitomo Rubber Industries, The Hankook TireGroup, Pirelli & C. S.p.A., and Bridgestone Corporation, ATG Tires, and Apollo Tires Limited. Major players such as Goodyear & Rubber Company and Michelin Group are focused on product development strategies in order to gain competitive edge in the market. For instance, in September 2017, the Goodyear Tire & Rubber Company launched intelligent tire for semi-autonomous cars. Intelligent tire includes a sensors and cloud-based algorithms that work together to communicate in real-time with fleet operators via mobile app. The Goodyear intelligent tire allows continuous connectivity and real-time data sharing, thereby enabling optimal tire usage for safer and more cost-efficient mobility and maximized uptime.