Connected Tires report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Connected Tires market is projected to reach US$ 145.5 million in 2029, increasing from US$ 4 million in 2022, with the CAGR of 67.1% during the period of 2023 to 2029. Demand from Passenger Cars and Commercial Vehicles are the major drivers for the industry.
North America, Europe and Asia Pacific are the key regions for Connected Tires industry. Among those areas, stimulated by rigid demand from downstream industries, Asia Pacific is estimated to experience fast growth, with the CAGR of % during 2023 to 2029.
Globally, Connected Tires key manufacturers include Bridgestone, Michelin, Goodyear, Continental AG, Pirelli, Nokian Tyres Plc, Trelleborg AB, Sumitomo Rubber Industries, Ltd and JK Tyres, etc. Bridgestone, Michelin, Goodyear are top 3 players and held % sales share in total in 2022.
Global Connected Tires Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
QYResearch announces the release of the report “Global Connected Tires Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Connected Tires market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
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The report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report’s analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market’s dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
Some of the Key Questions Answered in this Report:
- What is the Connected Tiresmarket size at the regional and country-level
- What are the key drivers, restraints, opportunities, and challenges of the Connected Tiresmarket, and how they are expected to impact the market
- What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Connected Tires
- Who are the global key manufacturers of the Connected TiresIndustry,How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
- What are the Connected Tiresmarket opportunities and threats faced by the vendors in the global Connected Tires Industry
- Which application/end-user or product type may seek incremental growth prospects,What is the market share of each type and application
- What focused approach and constraints are holding the Connected Tiresmarket
- What are the different sales, marketing, and distribution channels in the global industry
- What are the upstream raw materials and of Connected Tiresalong with the manufacturing process of Connected Tires
- What are the key market trends impacting the growth of the Connected Tiresmarket
- Economic impact on the Connected Tiresindustry and development trend of the Connected Tires industry
- What are the Connected Tiresmarket opportunities, market risk, and market overview of the Connected Tires market
The Connected Tires market is segmented as below:
Market segment by Type
12-17 Inches
18-22 Inches
More Than 22 Inches
Market segment by Application
Passenger Cars
Commercial Vehicles
Major players covered
Bridgestone
Michelin
Goodyear
Continental AG
Pirelli
Nokian Tyres Plc
Trelleborg AB
Sumitomo Rubber Industries, Ltd
JK Tyres
Toyo Tires
Each chapter of the report provides detailed information for readers to understand the Connected Tires market further:
Chapter 1: Connected Tires Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Connected Tires Market Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Connected Tires, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Connected Tires industry.
Chapter 3: Connected Tires Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Connected Tires in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Connected Tires Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Connected Tires Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Connected Tires Market Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Connected Tires introduction, etc. Connected Tires Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Connected Tires market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
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