Global Automotive Intelligent Tires Industry Outlook to 2022 - Bridgestone, Continental, MICHELIN, Pirelli, The Goodyear Tire & Rubber, and The Yokohama Rubber are Dominating
One trend in the market is preferable use of intelligent tires in platooning systems. The platooning concept (enabled by automated driving technologies) has been addressed as the future of the transportation industry. In a platoon, multiple vehicles travel at an aerodynamically efficient distance and drive cooperatively by maintaining the distance at high speeds. The platoon is akin to a train's compartment-like arrangement, but the vehicles in the platoon are physically disconnected.
According to the report, one driver in the market is progress toward connected cars. Vehicle makers are developing cars with internet connectivity that can transfer information automatically when an event occurs. Cars that can use internet connectivity to transfer information to the concerned stakeholder open multiple avenues for advancements, especially with bringing connectivity options to individual vehicle components like tires
Further, the report states that one challenge in the market is commercial viability of intelligent tires. Intelligent tires require advanced connectivity systems; hardware consisting of an array of sensors; supporting vehicle hardware and software. and subscription services to operate. Equipping a vehicle with intelligent tires will significantly increase production costs, driving up vehicle prices.
Key Players
Bridgestone
Continental
MICHELIN
Pirelli
The Goodyear Tire & Rubber
The Yokohama Rubber
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 05: MARKET SIZING
Market definition
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
CVs - Market size and forecast 2017-2022
Passenger cars - Market size and forecast 2017-2022
Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
EMEA - Market size and forecast 2017-2022
Americas - Market size and forecast 2017-2022
APAC - Market size and forecast 2017-2022
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Preferable use of intelligent tires in platooning systems
Use of IMU sensors in intelligent tires
Proposal for use of battery-less sensors in intelligent tires
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