Worldwide sales of connected tyres will top 91,000 units for the first time in 2024, achieving a value of $23.23 million, according to research by Smithers. Across the next five years, value is expected increase rapidly at a compound annual growth rate (CAGR) of 50.5 per cent driving value to $179.51 million in 2029, at constant prices. During the same period, volume is expected to climb to 871,000 units.
Tyres are often overlooked despite playing a vital role in keeping us safe during daily commutes and road trips. However, technology is transforming these rubber rings into advanced components that promote sustainability and revolutionise our driving experience. Like every other niche in the automotive space, the tyre industry is looking to the future. These advances also contribute to many professions that require driving. For instance, delivery drivers in bustling cities like London depend on reliable tyres to navigate the urban landscape efficiently. Many people are now exploring delivery driver jobs with their own cars in London on job aggregators like Jooble. These roles not only provide a source of income but also offer the flexibility to balance work with other commitments.
The gradual rollout of the Nokian Tyres Intuitu smart tyre solution for agricultural and contracting applications continues with the extension of availability to a third market. In addition to Finland and France, Nokian Tyres Intuitu is now marketed in Spain.
The Tire Society has published the details of presentations scheduled for its 42nd Annual Conference (12-13 September 2023, at the University of Akron, Ohio). In addition to in-person attendance, benefitting from live Q&A, sponsor exhibits and a student poster session, registrants can access the presentations after the Conference via a “play-on-demand” feature. Registration includes Tire Society Membership, which gives access to the critically reviewed Tire Science and Technology Journal.
In what the companies are describing as an important step towards safer and more sustainable goods movement through autonomous transportation, Goodyear and Gatik have demonstrated, in a proof of concept, that intelligent tyres powered by Goodyear SightLine technology can accurately estimate tyre-road friction potential and provide real-time information to Gatik’s automated driving system (ADS). The breakthrough will add more utility to what a tyre can deliver by providing critical data that can help enhance vehicle safety and performance, increasing efficiency and value for Gatik’s customers in the B2B short-haul market.
Cerebrum Sensor Technologies was a new name to Tyres & Accessories when we came across the company at the end of December. but the company won a breakthrough award at the 2019 SEMA show and is working hard to market itself in the TPMS/smart tyre space.
JK Tyre & Industries Ltd is promoting its smart tyre technology with a high-profile advertising campaign based on the ‘Smart Tyre – Tyre With a Brain’ strapline and Formula One driver connections.
Kumho Tire Europe has a vision to “grow into a major brand,” shares Namhwa Cho. Speaking with the CEO Edit, a show presented outside the UK by BBC StoryWorks, the Kumho Tire Europe president spoke about the tyre maker’s aspirations as well as its experiences during the pandemic and plans to capitalise on mobility megatrends.
Tyres already play a key role in effective vehicle braking, but a marriage of tyres and technology can enhance this. The Goodyear Tire & Rubber Company and Dutch research organisation TNO are working towards this end and are collaborating on a demonstration vehicle that will test the implications of connected tyres talking to the vehicle’s control system, specifically the anti-lock brake system (ABS).
Michelin has announced pioneering plans to equip all its new car tyres with Radio Frequency Identification (RFID) chips by 2023. Continuing its long history in the development of tyre-orientated RFID technology (including the global launch of a truck tyre RFID solution in 2012) Michelin says up to 1.5 million RFID-equipped car tyres will be delivered as early as 2020.
Tyre people often remind us that the tyre is a vehicle’s only point of contact with the ground. This is, of course, true and a very salient point. However, as tyres get smarter, so are roads and infrastructure.
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Sumitomo Rubber
Goodyear
Cerebrum
JK Tyre
Michelin