Asia Pacific automotive smart tire market will grow by 8.3% annually with a total addressable market cap of $484,921.9 million over 2023-2030, driven by the escalating demand for electric vehicle to curb the GHG gas emission, the rapid emergence and advancement of autonomous and connected vehicles, as well as the increasing adoption of artificial intelligence (AI) and 5G networks.
Highlighted with 72 tables and 66 figures, this 148 page report “Asia Pacific Automotive Smart Tire Market 2022-2030 by Product (Connected Tire, Intelligent Tire/TPMS), Engineering Technology (Pneumatic, Run-Flat, Non-Pneumatic), Vehicle Type (Commercial, Passenger), Vehicle Propulsion (Conventional, EV), Distribution Channel (OEMs, Aftermarket), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific automotive smart tire market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2022 and provides forecast from 2023 till 2030 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces


The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific automotive smart tire market in every aspect of the classification from perspectives of Product, Engineering Technology, Vehicle Type, Vehicle Propulsion, Distribution Channel, and Country.

Based on Product, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.

  • Connected Tire
  • Intelligent Tire/TPMS



Based on Sensor Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.

  • TPMS
  • Accelerometer Sensor
  • Strain Gauge Sensor
  • RFID Chip
  • Other Sensors



Based on Engineering Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2030 included in each section.

  • Pneumatic Tire
  • Run-Flat Tire
  • Non-Pneumatic Tire



By Vehicle Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.

  • Commercial Vehicles
  • Passenger Cars



By Vehicle Propulsion, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.

  • Conventional Vehicles
  • Electric Vehicles (EV)



By Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million units) for 2022-2030 included in each section.

  • OEMs
  • Aftermarket



Geographically, the following national/local markets are fully investigated:

  • Japan
  • China
  • South Korea
  • Australia
  • India
  • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)


For each key country, detailed analysis and data for annual revenue ($mn) are available for 2022-2030. The breakdown of national markets by Product, Vehicle Type and Distribution Channel over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Bridgestone Corporation
Continental AG
Hankook Tire & Technology Co., Ltd.
Infineon Technologies AG
JK Tyres & Industries Ltd.
Michelin Group
Nexen Tire Corporation
Nokian Tyres Plc.
NXP Semiconductors
Pirelli & C. S.p.A
Revvo Technologies, Inc.
Schrader TPMS Solutions
Sumitomo Rubber Industries, Ltd.
The Goodyear Tire & Rubber Co.
The Yokohama Rubber Company, Limited
Toyo Tire Corporation
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)