Table of Content

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17

2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 38
2.4 Emerging Opportunities and Market Trends 41
2.5 Porter’s Fiver Forces Analysis 45

3 Segmentation of Europe Market by Product 49
3.1 Market Overview by Product 49
3.1.1 Connected Tire 52
3.1.2 Intelligent Tire/TPMS 54
3.2 Europe Automotive Smart Tire Market by Sensor 56
3.2.1 Tire Pressure Monitoring System (TPMS) 57
3.2.2 Accelerometer Sensor 58
3.2.3 Strain Gauge Sensor 59
3.2.4 RFID Chip 60
3.2.5 Other Sensors 61

4 Segmentation of Europe Market by Engineering Technology 62
4.1 Market Overview by Engineering Technology 62
4.2 Pneumatic Tire 64
4.3 Run-Flat Tire 65
4.4 Non-Pneumatic Tire 66

5 Segmentation of Europe Market by Vehicle Type 67
5.1 Market Overview by Vehicle Type 67
5.2 Commercial Vehicles 70
5.3 Passenger Cars 72

6 Segmentation of Europe Market by Vehicle Propulsion 74
6.1 Market Overview by Vehicle Propulsion 74
6.2 Conventional Vehicles 77
6.3 Electric Vehicles (EV) 79

7 Segmentation of Europe Market by Distribution Channel 81
7.1 Market Overview by Distribution Channel 81
7.2 OEMs 84
7.3 Aftermarket 86

8 European Market 2019-2030 by Country 88
8.1 Overview of European Market 88
8.2 Germany 92
8.3 U.K. 94
8.4 France 96
8.5 Spain 98
8.6 Italy 100
8.7 Russia 102
8.8 Rest of European Market 104

9 Competitive Landscape 106
9.1 Overview of Key Vendors 106
9.2 New Product Launch, Partnership, Investment, and M&A 109
9.3 Company Profiles 110
Bridgestone Corporation 110
Continental AG 112
Hankook Tire & Technology Co., Ltd. 117
Infineon Technologies AG 119
JK Tyres & Industries Ltd. 122
Michelin Group 124
Nexen Tire Corporation 127
Nokian Tyres Plc. 128
NXP Semiconductors 130
Pirelli & C. S.p.A 133
Revvo Technologies, Inc. 136
Schrader TPMS Solutions 138
Sumitomo Rubber Industries, Ltd. 140
The Goodyear Tire & Rubber Co. 142
The Yokohama Rubber Company, Limited 145
Toyo Tire Corporation 147
RELATED REPORTS 149



List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2030 17
Figure 4. Value Chain Analysis 20
Figure 5. Europe Automotive Smart Tire Market by Demand Value, 2019-2030, $ mn 21
Figure 6. Europe Automotive Smart Tire Market by Demand Volume, 2019-2030, million units 22
Figure 7. Impact of COVID-19 on Business 26
Figure 8. Primary Drivers and Impact Factors of Europe Automotive Smart Tire Market 32
Figure 9. World Electric Vehicle Market by Sales Value, 2019-2030, $ bn 36
Figure 10. World Electric Vehicle Market by Sales Volume, 2019-2030, million units 36
Figure 11. Share of Electric Vehicle Sales in Total Car Sales in Worldwide Market, 2019-2030, % 37
Figure 12. Primary Restraints and Impact Factors of Europe Automotive Smart Tire Market 38
Figure 13. Investment Opportunity Analysis 42
Figure 14. Porter’s Fiver Forces Analysis of Europe Automotive Smart Tire Market 45
Figure 15. Breakdown of Europe Automotive Smart Tire Market by Product, 2019-2030, % of Revenue 50
Figure 16. Europe Addressable Market Cap in 2023-2030 by Product, Value ($ mn) and Share (%) 50
Figure 17. Breakdown of Europe Automotive Smart Tire Market by Product, 2019-2030, % of Demand Volume 51
Figure 18. Europe Addressable Market Cap in 2023-2030 by Product, Volume (million units) and Share (%) 51
Figure 19. Europe Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, $ mn 52
Figure 20. Europe Automotive Smart Tire Market by Product: Connected Tire, 2019-2030, million units 53
Figure 21. Europe Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, $ mn 54
Figure 22. Europe Automotive Smart Tire Market by Product: Intelligent Tire/TPMS, 2019-2030, million units 55
Figure 23. Europe Automotive Smart Tire Market by Sensor Type: Tire Pressure Monitoring System (TPMS), 2019-2030, $ mn 57
Figure 24. Europe Automotive Smart Tire Market by Sensor Type: Accelerometer Sensor, 2019-2030, $ mn 58
Figure 25. Europe Automotive Smart Tire Market by Sensor Type: Strain Gauge Sensor, 2019-2030, $ mn 59
Figure 26. Europe Automotive Smart Tire Market by Sensor Type: RFID Chip, 2019-2030, $ mn 60
Figure 27. Europe Automotive Smart Tire Market by Sensor Type: Other Sensors, 2019-2030, $ mn 61
Figure 28. Breakdown of Europe Automotive Smart Tire Market by Engineering Technology, 2019-2030, % of Sales Revenue 63
Figure 29. Europe Addressable Market Cap in 2023-2030 by Engineering Technology, Value ($ mn) and Share (%) 63
Figure 30. Europe Automotive Smart Tire Market by Engineering Technology: Pneumatic Tire, 2019-2030, $ mn 64
Figure 31. Europe Automotive Smart Tire Market by Engineering Technology: Run-Flat Tire, 2019-2030, $ mn 65
Figure 32. Europe Automotive Smart Tire Market by Engineering Technology: Non-Pneumatic Tire, 2019-2030, $ mn 66
Figure 33. Breakdown of Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Sales Revenue 68
Figure 34. Europe Addressable Market Cap in 2023-2030 by Vehicle Type, Value ($ mn) and Share (%) 68
Figure 35. Breakdown of Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, % of Demand Volume 69
Figure 36. Europe Addressable Market Cap in 2023-2030 by Vehicle Type, Volume (million units) and Share (%) 69
Figure 37. Europe Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, $ mn 70
Figure 38. Europe Automotive Smart Tire Market by Vehicle Type: Commercial Vehicles, 2019-2030, million units 71
Figure 39. Europe Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, $ mn 72
Figure 40. Europe Automotive Smart Tire Market by Vehicle Type: Passenger Cars, 2019-2030, million units 73
Figure 41. Breakdown of Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Revenue 75
Figure 42. Europe Addressable Market Cap in 2023-2030 by Vehicle Propulsion, Value ($ mn) and Share (%) 75
Figure 43. Breakdown of Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, % of Demand Volume 76
Figure 44. Europe Addressable Market Cap in 2023-2030 by Vehicle Propulsion, Volume (million units) and Share (%) 76
Figure 45. Europe Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, $ mn 77
Figure 46. Europe Automotive Smart Tire Market by Vehicle Propulsion: Conventional Vehicles, 2019-2030, million units 78
Figure 47. Europe Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, $ mn 79
Figure 48. Europe Automotive Smart Tire Market by Vehicle Propulsion: Electric Vehicles (EV), 2019-2030, million units 80
Figure 49. Breakdown of Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Revenue 82
Figure 50. Europe Addressable Market Cap in 2023-2030 by Distribution Channel, Value ($ mn) and Share (%) 82
Figure 51. Breakdown of Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, % of Demand Volume 83
Figure 52. Europe Addressable Market Cap in 2023-2030 by Distribution Channel, Volume (million units) and Share (%) 83
Figure 53. Europe Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, $ mn 84
Figure 54. Europe Automotive Smart Tire Market by Distribution Channel: OEMs, 2019-2030, million units 85
Figure 55. Europe Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, $ mn 86
Figure 56. Europe Automotive Smart Tire Market by Distribution Channel: Aftermarket, 2019-2030, million units 87
Figure 57. Breakdown of European Automotive Smart Tire Market by Country, 2022 and 2030, % of Revenue 89
Figure 58. Contribution to Europe 2023-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 90
Figure 59. Contribution to Europe 2023-2030 Cumulative Market by Country, Volume (million units) and Share (%) 91
Figure 60. Automotive Smart Tire Market in Germany, 2019-2030, $ mn 92
Figure 61. Automotive Smart Tire Market in U.K., 2019-2030, $ mn 94
Figure 62. Automotive Smart Tire Market in France, 2019-2030, $ mn 96
Figure 63. Automotive Smart Tire Market in Spain, 2019-2030, $ mn 98
Figure 64. Automotive Smart Tire Market in Italy, 2019-2030, $ mn 100
Figure 65. Automotive Smart Tire Market in Russia, 2019-2030, $ mn 102
Figure 66. Automotive Smart Tire Market in Rest of Europe, 2019-2030, $ mn 104
Figure 67. Growth Stage of Europe Automotive Smart Tire Industry over the Forecast Period 106

List of Tables

List of Tables:

Table 1. Snapshot of Europe Automotive Smart Tire Market in Balanced Perspective, 2019-2030 18
Table 2. World Economic Outlook, 2021-2031 24
Table 3. World Economic Outlook, 2021-2023 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Association for Automotive Tire Industry by Country 35
Table 6. Main Product Trends and Market Opportunities in Europe Automotive Smart Tire Market 41
Table 7. Europe Automotive Smart Tire Market by Product, 2019-2030, $ mn 49
Table 8. Europe Automotive Smart Tire Market by Product, 2019-2030, million units 49
Table 9. Europe Automotive Smart Tire Market by Sensor, 2019-2030, $ mn 56
Table 10. Europe Automotive Smart Tire Market by Engineering Technology, 2019-2030, $ mn 62
Table 11. Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 67
Table 12. Europe Automotive Smart Tire Market by Vehicle Type, 2019-2030, million units 67
Table 13. Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, $ mn 74
Table 14. Europe Automotive Smart Tire Market by Vehicle Propulsion, 2019-2030, million units 74
Table 15. Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 81
Table 16. Europe Automotive Smart Tire Market by Distribution Channel, 2019-2030, million units 81
Table 17. Europe Automotive Smart Tire Market by Country, 2019-2030, $ mn 90
Table 18. Europe Automotive Smart Tire Market by Country, 2019-2030, million units 91
Table 19. Germany Automotive Smart Tire Market by Product, 2019-2030, $ mn 93
Table 20. Germany Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 93
Table 21. Germany Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 93
Table 22. U.K. Automotive Smart Tire Market by Product, 2019-2030, $ mn 95
Table 23. U.K. Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 95
Table 24. U.K. Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 95
Table 25. France Automotive Smart Tire Market by Product, 2019-2030, $ mn 97
Table 26. France Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 97
Table 27. France Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 97
Table 28. Spain Automotive Smart Tire Market by Product, 2019-2030, $ mn 99
Table 29. Spain Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 99
Table 30. Spain Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 99
Table 31. Italy Automotive Smart Tire Market by Product, 2019-2030, $ mn 101
Table 32. Italy Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 101
Table 33. Italy Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 101
Table 34. Russia Automotive Smart Tire Market by Product, 2019-2030, $ mn 103
Table 35. Russia Automotive Smart Tire Market by Vehicle Type, 2019-2030, $ mn 103
Table 36. Russia Automotive Smart Tire Market by Distribution Channel, 2019-2030, $ mn 103
Table 37. Automotive Smart Tire Market in Rest of Europe by Country, 2019-2030, $ mn 105
Table 38. Bridgestone Corporation: Company Snapshot 110
Table 39. Bridgestone Corporation: Business Segmentation 110
Table 40. Bridgestone Corporation: Product Portfolio 111
Table 41. Continental AG: Company Snapshot 112
Table 42. Continental AG: Business Segmentation 114
Table 43. Continental AG: Revenue by Region, 2019, % 114
Table 44. Continental AG: Product Portfolio of Automotive Smart Tire 115
Table 45. Hankook Tire & Technology Co., Ltd.: Company Snapshot 117
Table 46. Hankook Tire & Technology Co., Ltd.: Product Portfolio of Automotive Smart Tire 118
Table 47. Infineon Technologies AG: Company Snapshot 119
Table 48. Infineon Technologies AG: Revenue Distribution by Business Segment in 2020 120
Table 49. Infineon Technologies AG: Revenue Distribution by Region in 2020 120
Table 50. Infineon Technologies AG: Product Portfolio of Automotive Smart Tire 121
Table 51. JK Tyres & Industries Ltd.: Company Snapshot 122
Table 52. JK Tyres & Industries Ltd.: Product Portfolio of Automotive Smart Tire 123
Table 53. Michelin Group: Company Snapshot 124
Table 54. Michelin Group: Product Portfolio of Automotive Smart Tire 125
Table 55. Nexen Tire Corporation: Company Snapshot 127
Table 56. Nokian Tyres Plc.: Company Snapshot 128
Table 57. Nokian Tyres Plc.: Product Portfolio of Automotive Smart Tire 129
Table 58. NXP Semiconductors N.V.: Company Snapshot 130
Table 59. NXP Semiconductors N.V.: Revenue Distribution by Business Segment in 2020 131
Table 60. NXP Semiconductors N.V.: Revenue Distribution by Region in 2020 131
Table 61. NXP Semiconductors N.V.: Product Portfolio of Automotive Smart Tire 131
Table 62. Pirelli & C. S.p.A: Company Snapshot 133
Table 63. Pirelli & C. S.p.A: Product Portfolio of Automotive Smart Tire 134
Table 64. Revvo Technologies, Inc.: Company Snapshot 136
Table 65. Revvo Technologies, Inc.: Product Portfolio of Automotive Smart Tire 137
Table 66. Schrader TPMS Solutions: Company Snapshot 138
Table 67. Schrader TPMS Solutions: Product Portfolio of Automotive Smart Tire 139
Table 68. Sumitomo Rubber Industries, Ltd.: Company Snapshot 140
Table 69. Sumitomo Rubber Industries, Ltd.: Product Portfolio of Automotive Smart Tire 141
Table 70. The Goodyear Tire & Rubber Co.: Company Snapshot 142
Table 71. The Goodyear Tire & Rubber Co.: Product Portfolio of Automotive Smart Tire 143
Table 72. The Yokohama Rubber Company, Limited: Company Snapshot 145
Table 73. The Yokohama Rubber Company, Limited: Product Portfolio of Automotive Smart Tire 146
Table 74. Toyo Tire Corporation: Company Snapshot 147
Table 75. Toyo Tire Corporation: Product Portfolio of Automotive Smart Tire 148