The Connected Tires Market size is valued at US$ 3.84 Million and is forecasted to grow at a CAGR of 58.5% from 2024 to 2030, reaching nearly US$ 96.50 MillionConnected Tires Market Overview
The connected tires market refers to the incorporation of advanced technologies and connectivity features into automotive tires. These smart tires utilize sensors, microchips, and wireless communication capabilities to gather and transmit real-time data on tire pressure, temperature, tread wear, and overall tire health. The global connected tires market was valued at USD 3.84 million in 2023 and is projected to reach USD 96.50 million by 2030, with a CAGR of 58.5%.To know about the Research Methodology :- Request Free Sample Report The market is driven by the increasing adoption of connected and autonomous vehicles, growing awareness about tire safety and performance optimization, advancements in tire sensor technologies and wireless connectivity, and a focus on predictive maintenance and real-time monitoring in fleet management. The market is segmented based on vehicle type, connectivity technology, application, and end-user. North America currently holds the largest market share, but the Asia Pacific region is expected to witness significant growth. The market is highly competitive, with key players investing in R&D, collaborations, and partnerships. The future outlook of the connected tires market is promising, with advancements in technology, increasing demand for intelligent vehicles, and evolving regulations driving its growth. Report includes market analysis, forecasts, industry segmentation and competitive analysis of top Connected Tires manufacturers. The Report also emphasises on sustainability, innovation and consumer preferences, offering global outlook with trends, drivers, challenges and opportunities. It will help industry stakeholders (manufacturers, distributors, retailers, investors) make informed decisions and capitalise on Connected Tires market opportunities.
Connected Tires Market Dynamics
Market Drivers: Increasing Adoption of Connected and Autonomous Vehicles: The rising demand for connected and autonomous vehicles is a significant driver for the connected tires market. As vehicles become more intelligent and reliant on data-driven systems, the need for real-time tire monitoring and optimization grows. For instance, Tesla's Autopilot system incorporates tire pressure monitoring and alerts to ensure optimal safety and performance. Emphasis on Tire Safety and Performance Optimization: Tire safety and performance are critical factors for vehicle owners, fleet operators, and regulatory bodies. Connected tires enable real-time monitoring of parameters such as tire pressure, tread wear, and temperature. This helps prevent accidents caused by underinflated tires, optimizes fuel efficiency, and extends tire lifespan. As a result, there is increasing awareness and emphasis on tire safety and performance optimization, driving connected tires market growth. Advancements in Tire Sensor Technologies and Wireless Connectivity: Technological advancements have led to the development of more sophisticated tire sensors and improved wireless connectivity options. For example, companies like Michelin have introduced advanced tire sensors that can monitor multiple tire parameters simultaneously. Additionally, the evolution of wireless communication technologies like 5G enables seamless data transmission between tires and connected devices. Market Restraints: High Implementation Costs: The integration of advanced technologies into tires comes with associated costs, including sensor installation, connectivity modules, and data analytics infrastructure. These costs can be a barrier, especially for budget-conscious consumers or fleet operators with large vehicle fleets. However, as technology matures and economies of scale are realized, the cost of connected tires is expected to decrease, alleviating this restraint over time. This is expected to majorly hamper the connected tires market growth in the future. Lack of Industry Standards and Interoperability: The absence of standardized protocols and interoperability among different tire manufacturers and vehicle systems poses a challenge to the connected tires market. For seamless integration and data exchange, industry-wide standards need to be established. Initiatives such as the Global Platform for Sustainable Natural Rubber are working towards developing global standards for tire traceability and sustainability, promoting collaboration among stakeholders. Market Opportunities: Predictive Maintenance and Remote Diagnostics: Connected tires provide an opportunity for predictive maintenance and remote diagnostics, enabling proactive identification of tire issues and timely maintenance. This can result in cost savings, improved vehicle uptime, and enhanced operational efficiency for fleet operators. For example, Bridgestone's Tirematics solution offers real-time tire data, predictive maintenance insights, and remote diagnostics capabilities. Fleet Management and Optimization: Connected tires offer extensive benefits for fleet management, such as remote monitoring of tire conditions, automated maintenance scheduling, and efficient tire replacements. This can help fleet operators reduce downtime, optimize tire performance, and enhance overall operational efficiency. Government initiatives promoting electric and connected fleets, such as the European Green Deal's focus on sustainable mobility, present opportunities for connected tire solutions. This is expected to drive the connected tires market growth in the future. Market Challenges: Data Security and Privacy Concerns: The connectivity of tires introduces potential cybersecurity risks, including unauthorized access to sensitive vehicle and tire data. Manufacturers and technology providers need to prioritize robust data security measures to ensure the privacy and integrity of the information transmitted between tires and connected systems. Recent data breaches in the automotive sector highlight the need for stringent cybersecurity practices. Integration Complexity and Retrofitting Challenges: Retrofitting existing vehicles with connected tire technologies can be challenging, particularly for older vehicle models or those without built-in connectivity features. Integration complexities may arise due to differences in vehicle architectures, tire sizes, or compatibility issues. Manufacturers and service providers need to develop seamless integration solutions to address these challenges.Connected Tires Market Segmentation:
Based on Sales Channel, The Connected Tires Market is segmented into original equipment manufacturers (OEMs) and the aftermarket. OEMs hold a significant market share as tire manufacturers establish direct partnerships with automobile manufacturers to supply tires for new vehicles. As automotive manufacturers strive to deliver vehicles with superior performance and safety, they rely on OEMs to provide high-quality tires that meet their specifications. On the other hand, the aftermarket segment is also experiencing substantial growth. This growth can be attributed to tire replacements and upgrades, as vehicle owners seek to enhance the performance or aesthetics of their vehicles. The aftermarket segment presents opportunities for tire retailers and service providers to cater to the growing demand for tire replacements and customization. While both segments play crucial roles in the Connected Tires Market, the aftermarket segment is widely used and has the potential to further expand in the future. As the global vehicle parc continues to grow, the need for tire replacements and upgrades is expected to rise, driving the aftermarket segment's growth prospects.Connected Tires Market Regional Analysis:
The connected tires market exhibits regional variations influenced by factors such as government initiatives, infrastructure development, technological advancements, and consumer preferences. Currently, North America is one of the key markets for connected tires due to several factors. The region's strong automotive industry, early adoption of connected and autonomous vehicles, and robust technological infrastructure contribute to its dominance. Moreover, government initiatives in North America, such as the United States Department of Transportation's Smart City Challenge and investments in smart infrastructure, support the growth of the connected tires market. Additionally, the presence of key market players and their focus on research and development activities further strengthens North America's market position. Looking ahead, the Asia Pacific region is expected to lead the connected tires market in the near future. The region's increasing urbanization, expanding automotive sector, and rising disposable income contribute to market growth. Government initiatives promoting smart cities and intelligent transportation systems in countries like China and India are driving the demand for connected vehicles and, consequently, connected tires. For instance, the Chinese government's "Made in China 2025" initiative aims to enhance the country's manufacturing capabilities, including in the automotive sector, fostering the adoption of connected technologies. Additionally, the rapid development of infrastructure, including 5G networks, provides a conducive environment for the proliferation of connected tire solutions in the Asia Pacific region.Connected Tires Market Scope: Inquire Before Buying
Global Connected Tires Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 3.84 Mn. Forecast Period 2024 to 2030 CAGR: 58.5% Market Size in 2030: US $ 96.50 Mn. Segments Covered: by Offering Hardware Software by Component TPMS Accelerometer sensors Strain gauge sensors RFID chips Other sensors by Vehicle Type Passenger Cars Commercial Vehicles by Propulsion Electric ICE by Rim Size 12-17 Inches 18-22 Inches More Than 22 Inches by Sales Channel OEMs Aftermarket Connected Tires Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Connected Tires Key Players
The following Connected Tires Companies are the key players in the market and are selected based on criteria for further evaluation. The strategies followed by the companies to sustain and grow in the market are discussed in detail in the report 1. Bridgestone Corporation 2. Michelin 3. Continental AG 4. Pirelli & C. S.p.A 5. Goodyear Tire and Rubber Company 6. Sumitomo Rubber Industries, Ltd. 7. Hankook Tire & Technology Co., Ltd. 8. Yokohama Rubber Co., Ltd. 9. Giti Tire Corporation 10. Kumho Tire Co., Inc. 11. Toyo Tire Corporation 12. Nokian Tyres plc 13. Cooper Tire & Rubber Company 14. Apollo Tyres Ltd. 15. MRF Limited 16. Nexen Tire Corporation 17. CEAT Limited 18. Maxxis International 19. Falken Tire Corporation 20. BKT (Balkrishna Industries Limited) 21. Triangle Group Co., Ltd. 22. GT Radial (Giti Tire Global Trading Pte. Ltd.) 23. Double Coin Holdings Ltd. 24. Linglong Tire Co., Ltd. 25. Alliance Tire Group (ATG) FAQs 1. How big is the Connected Tires Market? Ans: Connected Tires Market was valued at USD 3.84 million in 2023. 2. What is the growth rate of the Connected Tires Market? Ans: The CAGR of the Connected Tires Market is 58.5%. 3. What are the segments of the Connected Tires Market? Ans: There are primarily 5 segments – Sales channels, Rim size, Vehicle type, Propulsion type and Geography for the Connected Tires Market 4. Which region has the highest market share in the Connected Tires Market sector? Ans: North America has the highest market share in the Connected Tires Market sector. 5. Is it profitable to invest in the Connected Tires Market? Ans: There is a fair growth rate in this market and there are various factors to be analyzed like the driving forces and opportunities of the market which have been discussed extensively in Maximize’s full report. That would help in understanding the profitability of the market.
1. Connected Tires Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Connected Tires Market: Dynamics 2.1. Connected Tires Market Trends by Region 2.1.1. North America Connected Tires Market Trends 2.1.2. Europe Connected Tires Market Trends 2.1.3. Asia Pacific Connected Tires Market Trends 2.1.4. Middle East and Africa Connected Tires Market Trends 2.1.5. South America Connected Tires Market Trends 2.2. Connected Tires Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Connected Tires Market Drivers 2.2.1.2. North America Connected Tires Market Restraints 2.2.1.3. North America Connected Tires Market Opportunities 2.2.1.4. North America Connected Tires Market Challenges 2.2.2. Europe 2.2.2.1. Europe Connected Tires Market Drivers 2.2.2.2. Europe Connected Tires Market Restraints 2.2.2.3. Europe Connected Tires Market Opportunities 2.2.2.4. Europe Connected Tires Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Connected Tires Market Drivers 2.2.3.2. Asia Pacific Connected Tires Market Restraints 2.2.3.3. Asia Pacific Connected Tires Market Opportunities 2.2.3.4. Asia Pacific Connected Tires Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Connected Tires Market Drivers 2.2.4.2. Middle East and Africa Connected Tires Market Restraints 2.2.4.3. Middle East and Africa Connected Tires Market Opportunities 2.2.4.4. Middle East and Africa Connected Tires Market Challenges 2.2.5. South America 2.2.5.1. South America Connected Tires Market Drivers 2.2.5.2. South America Connected Tires Market Restraints 2.2.5.3. South America Connected Tires Market Opportunities 2.2.5.4. South America Connected Tires Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Connected Tires Industry 2.8. Analysis of Government Schemes and Initiatives For Connected Tires Industry 2.9. Connected Tires Market Trade Analysis 2.10. The Global Pandemic Impact on Connected Tires Market 3. Connected Tires Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2023-2030 3.1. Connected Tires Market Size and Forecast, by Offering (2023-2030) 3.1.1. Hardware 3.1.2. Software 3.2. Connected Tires Market Size and Forecast, by Component (2023-2030) 3.2.1. TPMS 3.2.2. Accelerometer sensors 3.2.3. Strain gauge sensors 3.2.4. RFID chips 3.2.5. Other sensors 3.3. Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 3.3.1. Passenger Cars 3.3.2. Commercial Vehicles 3.4. Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 3.4.1. Electric 3.4.2. ICE 3.5. Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 3.5.1. 12-17 Inches 3.5.2. 18-22 Inches 3.5.3. More Than 22 Inches 3.6. Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 3.6.1. OEMs 3.6.2. Aftermarket 3.7. Connected Tires Market Size and Forecast, by Region (2023-2030) 3.7.1. North America 3.7.2. Europe 3.7.3. Asia Pacific 3.7.4. Middle East and Africa 3.7.5. South America 4. North America Connected Tires Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 4.1. North America Connected Tires Market Size and Forecast, by Offering (2023-2030) 4.1.1. Hardware 4.1.2. Software 4.2. North America Connected Tires Market Size and Forecast, by Component (2023-2030) 4.2.1. TPMS 4.2.2. Accelerometer sensors 4.2.3. Strain gauge sensors 4.2.4. RFID chips 4.2.5. Other sensors 4.3. North America Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 4.3.1. Passenger Cars 4.3.2. Commercial Vehicles 4.4. North America Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 4.4.1. Electric 4.4.2. ICE 4.5. North America Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 4.5.1. 12-17 Inches 4.5.2. 18-22 Inches 4.5.3. More Than 22 Inches 4.6. North America Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 4.6.1. OEMs 4.6.2. Aftermarket 4.7. North America Connected Tires Market Size and Forecast, by Country (2023-2030) 4.7.1. United States 4.7.1.1. United States Connected Tires Market Size and Forecast, by Offering (2023-2030) 4.7.1.1.1. Hardware 4.7.1.1.2. Software 4.7.1.2. United States Connected Tires Market Size and Forecast, by Component (2023-2030) 4.7.1.2.1. TPMS 4.7.1.2.2. Accelerometer sensors 4.7.1.2.3. Strain gauge sensors 4.7.1.2.4. RFID chips 4.7.1.2.5. Other sensors 4.7.1.3. United States Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 4.7.1.3.1. Passenger Cars 4.7.1.3.2. Commercial Vehicles 4.7.1.4. United States Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 4.7.1.4.1. Electric 4.7.1.4.2. ICE 4.7.1.5. United States Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 4.7.1.5.1. 12-17 Inches 4.7.1.5.2. 18-22 Inches 4.7.1.5.3. More Than 22 Inches 4.7.1.6. United States Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 4.7.1.6.1. OEMs 4.7.1.6.2. Aftermarket 4.7.2. Canada 4.7.2.1. Canada Connected Tires Market Size and Forecast, by Offering (2023-2030) 4.7.2.1.1. Hardware 4.7.2.1.2. Software 4.7.2.2. Canada Connected Tires Market Size and Forecast, by Component (2023-2030) 4.7.2.2.1. TPMS 4.7.2.2.2. Accelerometer sensors 4.7.2.2.3. Strain gauge sensors 4.7.2.2.4. RFID chips 4.7.2.2.5. Other sensors 4.7.2.3. Canada Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 4.7.2.3.1. Passenger Cars 4.7.2.3.2. Commercial Vehicles 4.7.2.4. Canada Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 4.7.2.4.1. Electric 4.7.2.4.2. ICE 4.7.2.5. Canada Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 4.7.2.5.1. 12-17 Inches 4.7.2.5.2. 18-22 Inches 4.7.2.5.3. More Than 22 Inches 4.7.2.6. Canada Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 4.7.2.6.1. OEMs 4.7.2.6.2. Aftermarket 4.7.3. Mexico 4.7.3.1. Mexico Connected Tires Market Size and Forecast, by Offering (2023-2030) 4.7.3.1.1. Hardware 4.7.3.1.2. Software 4.7.3.2. Mexico Connected Tires Market Size and Forecast, by Component (2023-2030) 4.7.3.2.1. TPMS 4.7.3.2.2. Accelerometer sensors 4.7.3.2.3. Strain gauge sensors 4.7.3.2.4. RFID chips 4.7.3.2.5. Other sensors 4.7.3.3. Mexico Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 4.7.3.3.1. Passenger Cars 4.7.3.3.2. Commercial Vehicles 4.7.3.4. Mexico Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 4.7.3.4.1. Electric 4.7.3.4.2. ICE 4.7.3.5. Mexico Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 4.7.3.5.1. 12-17 Inches 4.7.3.5.2. 18-22 Inches 4.7.3.5.3. More Than 22 Inches 4.7.3.6. Mexico Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 4.7.3.6.1. OEMs 4.7.3.6.2. Aftermarket 5. Europe Connected Tires Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 5.1. Europe Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.2. Europe Connected Tires Market Size and Forecast, by Component (2023-2030) 5.3. Europe Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.4. Europe Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.5. Europe Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.6. Europe Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7. Europe Connected Tires Market Size and Forecast, by Country (2023-2030) 5.7.1. United Kingdom 5.7.1.1. United Kingdom Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.1.2. United Kingdom Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.1.3. United Kingdom Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.1.4. United Kingdom Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.1.5. United Kingdom Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.1.6. United Kingdom Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.2. France 5.7.2.1. France Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.2.2. France Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.2.3. France Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.2.4. France Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.2.5. France Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.2.6. France Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.3. Germany 5.7.3.1. Germany Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.3.2. Germany Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.3.3. Germany Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.3.4. Germany Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.3.5. Germany Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.3.6. Germany Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.4. Italy 5.7.4.1. Italy Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.4.2. Italy Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.4.3. Italy Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.4.4. Italy Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.4.5. Italy Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.4.6. Italy Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.5. Spain 5.7.5.1. Spain Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.5.2. Spain Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.5.3. Spain Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.5.4. Spain Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.5.5. Spain Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.5.6. Spain Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.6. Sweden 5.7.6.1. Sweden Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.6.2. Sweden Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.6.3. Sweden Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.6.4. Sweden Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.6.5. Sweden Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.6.6. Sweden Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.7. Austria 5.7.7.1. Austria Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.7.2. Austria Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.7.3. Austria Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.7.4. Austria Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.7.5. Austria Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.7.6. Austria Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 5.7.8. Rest of Europe 5.7.8.1. Rest of Europe Connected Tires Market Size and Forecast, by Offering (2023-2030) 5.7.8.2. Rest of Europe Connected Tires Market Size and Forecast, by Component (2023-2030) 5.7.8.3. Rest of Europe Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 5.7.8.4. Rest of Europe Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 5.7.8.5. Rest of Europe Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 5.7.8.6. Rest of Europe Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6. Asia Pacific Connected Tires Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 6.1. Asia Pacific Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.2. Asia Pacific Connected Tires Market Size and Forecast, by Component (2023-2030) 6.3. Asia Pacific Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.4. Asia Pacific Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.5. Asia Pacific Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.6. Asia Pacific Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7. Asia Pacific Connected Tires Market Size and Forecast, by Country (2023-2030) 6.7.1. China 6.7.1.1. China Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.1.2. China Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.1.3. China Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.1.4. China Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.1.5. China Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.1.6. China Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.2. S Korea 6.7.2.1. S Korea Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.2.2. S Korea Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.2.3. S Korea Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.2.4. S Korea Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.2.5. S Korea Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.2.6. S Korea Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.3. Japan 6.7.3.1. Japan Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.3.2. Japan Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.3.3. Japan Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.3.4. Japan Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.3.5. Japan Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.3.6. Japan Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.4. India 6.7.4.1. India Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.4.2. India Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.4.3. India Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.4.4. India Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.4.5. India Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.4.6. India Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.5. Australia 6.7.5.1. Australia Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.5.2. Australia Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.5.3. Australia Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.5.4. Australia Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.5.5. Australia Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.5.6. Australia Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.6. Indonesia 6.7.6.1. Indonesia Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.6.2. Indonesia Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.6.3. Indonesia Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.6.4. Indonesia Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.6.5. Indonesia Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.6.6. Indonesia Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.7. Malaysia 6.7.7.1. Malaysia Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.7.2. Malaysia Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.7.3. Malaysia Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.7.4. Malaysia Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.7.5. Malaysia Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.7.6. Malaysia Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.8. Vietnam 6.7.8.1. Vietnam Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.8.2. Vietnam Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.8.3. Vietnam Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.8.4. Vietnam Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.8.5. Vietnam Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.8.6. Vietnam Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.9. Taiwan 6.7.9.1. Taiwan Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.9.2. Taiwan Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.9.3. Taiwan Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.9.4. Taiwan Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.9.5. Taiwan Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.9.6. Taiwan Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 6.7.10. Rest of Asia Pacific 6.7.10.1. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Offering (2023-2030) 6.7.10.2. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Component (2023-2030) 6.7.10.3. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 6.7.10.4. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 6.7.10.5. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 6.7.10.6. Rest of Asia Pacific Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 7. Middle East and Africa Connected Tires Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 7.1. Middle East and Africa Connected Tires Market Size and Forecast, by Offering (2023-2030) 7.2. Middle East and Africa Connected Tires Market Size and Forecast, by Component (2023-2030) 7.3. Middle East and Africa Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 7.4. Middle East and Africa Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 7.5. Middle East and Africa Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 7.6. Middle East and Africa Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 7.7. Middle East and Africa Connected Tires Market Size and Forecast, by Country (2023-2030) 7.7.1. South Africa 7.7.1.1. South Africa Connected Tires Market Size and Forecast, by Offering (2023-2030) 7.7.1.2. South Africa Connected Tires Market Size and Forecast, by Component (2023-2030) 7.7.1.3. South Africa Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 7.7.1.4. South Africa Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 7.7.1.5. South Africa Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 7.7.1.6. South Africa Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 7.7.2. GCC 7.7.2.1. GCC Connected Tires Market Size and Forecast, by Offering (2023-2030) 7.7.2.2. GCC Connected Tires Market Size and Forecast, by Component (2023-2030) 7.7.2.3. GCC Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 7.7.2.4. GCC Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 7.7.2.5. GCC Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 7.7.2.6. GCC Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 7.7.3. Nigeria 7.7.3.1. Nigeria Connected Tires Market Size and Forecast, by Offering (2023-2030) 7.7.3.2. Nigeria Connected Tires Market Size and Forecast, by Component (2023-2030) 7.7.3.3. Nigeria Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 7.7.3.4. Nigeria Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 7.7.3.5. Nigeria Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 7.7.3.6. Nigeria Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 7.7.4. Rest of ME&A 7.7.4.1. Rest of ME&A Connected Tires Market Size and Forecast, by Offering (2023-2030) 7.7.4.2. Rest of ME&A Connected Tires Market Size and Forecast, by Component (2023-2030) 7.7.4.3. Rest of ME&A Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 7.7.4.4. Rest of ME&A Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 7.7.4.5. Rest of ME&A Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 7.7.4.6. Rest of ME&A Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 8. South America Connected Tires Market Size and Forecast by Segmentation (by Value in USD Million) 2023-2030 8.1. South America Connected Tires Market Size and Forecast, by Offering (2023-2030) 8.2. South America Connected Tires Market Size and Forecast, by Component (2023-2030) 8.3. South America Connected Tires Market Size and Forecast, by Vehicle Type(2023-2030) 8.4. South America Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 8.5. South America Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 8.6. South America Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 8.7. South America Connected Tires Market Size and Forecast, by Country (2023-2030) 8.7.1. Brazil 8.7.1.1. Brazil Connected Tires Market Size and Forecast, by Offering (2023-2030) 8.7.1.2. Brazil Connected Tires Market Size and Forecast, by Component (2023-2030) 8.7.1.3. Brazil Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 8.7.1.4. Brazil Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 8.7.1.5. Brazil Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 8.7.1.6. Brazil Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 8.7.2. Argentina 8.7.2.1. Argentina Connected Tires Market Size and Forecast, by Offering (2023-2030) 8.7.2.2. Argentina Connected Tires Market Size and Forecast, by Component (2023-2030) 8.7.2.3. Argentina Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 8.7.2.4. Argentina Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 8.7.2.5. Argentina Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 8.7.2.6. Argentina Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 8.7.3. Rest Of South America 8.7.3.1. Rest Of South America Connected Tires Market Size and Forecast, by Offering (2023-2030) 8.7.3.2. Rest Of South America Connected Tires Market Size and Forecast, by Component (2023-2030) 8.7.3.3. Rest Of South America Connected Tires Market Size and Forecast, by Vehicle Type (2023-2030) 8.7.3.4. Rest Of South America Connected Tires Market Size and Forecast, by Propulsion (2023-2030) 8.7.3.5. Rest Of South America Connected Tires Market Size and Forecast, by Rim Size (2023-2030) 8.7.3.6. Rest Of South America Connected Tires Market Size and Forecast, by Sales Channel (2023-2030) 9. Global Connected Tires Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Connected Tires Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Bridgestone Corporation 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Michelin 10.3. Continental AG 10.4. Pirelli & C. S.p.A 10.5. Goodyear Tire and Rubber Company 10.6. Sumitomo Rubber Industries, Ltd. 10.7. Hankook Tire & Technology Co., Ltd. 10.8. Yokohama Rubber Co., Ltd. 10.9. Giti Tire Corporation 10.10. Kumho Tire Co., Inc. 10.11. Toyo Tire Corporation 10.12. Nokian Tyres plc 10.13. Cooper Tire & Rubber Company 10.14. Apollo Tyres Ltd. 10.15. MRF Limited 10.16. Nexen Tire Corporation 10.17. CEAT Limited 10.18. Maxxis International 10.19. Falken Tire Corporation 10.20. BKT (Balkrishna Industries Limited) 10.21. Triangle Group Co., Ltd. 10.22. GT Radial (Giti Tire Global Trading Pte. Ltd.) 10.23. Double Coin Holdings Ltd. 10.24. Linglong Tire Co., Ltd. 10.25. Alliance Tire Group (ATG) 11. Key Findings 12. Industry Recommendations 13. Connected Tires Market: Research Methodology 14. Terms and Glossary