GLOBAL TIRE MANAGEMENT RFID MODULE MARKET

 

INTRODUCTION

RFID is a technology that uses IC tags and other gadgets to wirelessly manage and automatically identify objects.

 

Compared to barcodes and other recognition technologies, it has the benefit of being able to read a lot more data quickly at once because it targets numerous tags. Additionally, it makes data rewriting possible.

 

Numerous tyre manufacturers are joining the push to integrate RFID into tyres, use it to streamline various management functions, and develop a new business model.

 

Through the use of such tags, the usage history of tyres will be managed throughout their entire lifecycle, from manufacturing to mounting to use after being introduced to the market to disposal. These tyres are known as retreads. 

 

By incorporating RFID into tires, it is now possible to manage mounting location, time and date, number of repairs, and other details about tires for the vehicle simply by scanning the ID stored in the RFID tag with a portable scanner. 

 

GLOBAL TIRE MANAGEMENT RFID MODULE MARKET SIZE AND FORECAST

 

The Global Tire Management RFID Module Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

 

NEW PRODUCT LAUNCH

Together with Michelin, Murata Manufacturing Co., Ltd. has created a new generation of tire-embedded RFID modules. The durable passive RFID tags can withstand being driven on for extraordinarily long distances without needing an additional power source to function.

 

This straightforward yet beautiful solution enables the management of inventory logistics, aftermarket repair, and recycling operations while providing low-cost and simple tyre traceability throughout its full existence.

 

New tyre service tools have been released by Continental. There are three types in total: the Autodiagnos Tire 100, 200, and 300. These instruments address a wide range of common needs in fleets and workshops, including those for both personal and commercial vehicles.

 

Future uses of the new technologies include direct communication with RFID tags embedded in tyres via an integrated RFID module. All of the pertinent information from the tyre manufacturer is contained on these tags.

 

MARKET DYNAMICS IN GLOBAL TIRE MANAGEMENT RFID MODULE

Together, SES RFID Solutions GmbH, a German business specialising in connected electronic devices and systems, and Kordsa, a global pioneer in reinforcement technology fortifying one out of every three tyres produced globally, will shape the future of mobility.

 

The firms revealed their partnership today, which combines the SES technology’s patent with Kordsa’s material know-how to create a tiny, flexible RFID tag that can be included into pneumatic tyres. The SES WIRETX RFID tag has an external, flexible antenna and is battery-free.

 

When used in conjunction with Kordsa’s material technology, it makes application prior to vulcanization simple and becomes a permanent component of the tyre.

 

The majority of tyre producers in the world use MESNAC-produced equipment to make their tyres. MESNAC relies on Impinj products for their reliability and longevity. When presenting a complete tyre manufacturing solution to their clients, MESNAC views RAIN RFID as a competitive advantage and additional value.

 

Manufacturers may follow a tyre from production to sale by tracking the tire’s manufacturing date, brand, and mileage with RAIN RFID. In order to better management of the tyre production process, including marketing and R&D, MESNAC is getting ready to spend more in RAIN RFID after a decade of perfecting the technology.

 

 

COMPANY PROFILE

• Murata 
• Michelin
• Continental
• MESNAC

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Global Tire Management RFID Module Market right now and how will it change in the next 5-6 years?
2. Average cost to set up a Global Tire Management RFID Module Market in the US, Europe and China?
3. How many Global Tire Management RFID Module Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Global Tire Management RFID Module Market and key vendor selection criteria
6. Where is the Global Tire Management RFID Module Market  manufactured? What is the average margin per equipment?
7. Market share of Global Tire Management RFID Module Market manufacturers and their upcoming products
8. The most important planned Global Tire Management RFID Module Market in next 2 years
9. Details on network of major Global Tire Management RFID Module Market and pricing plans
10. Cost advantage for OEMs who manufacture Global Tire Management RFID Module Market in-house
11. 5 key predictions for next 5 years in Global Tire Management RFID Module Market
12. Average B-2-B Global Tire Management RFID Module Market price in all segments
13. Latest trends in Global Tire Management RFID Module Market, by every market segment
14. The market size (both volume and value) of Global Tire Management RFID Module Market in 2022-2030 and every year in between?
15. Global production breakup of Global Tire Management RFID Module Market, by suppliers and their OEM relationship