Product Code: ETC8838427 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The connected tire market is in a nascent stage in the Philippines, with opportunities driven by the increasing presence of smart transportation and logistics solutions. These tires use sensors to provide data on pressure, temperature, and wear, improving vehicle safety and fleet efficiency. However, the market is constrained by low awareness and affordability issues.
Connected tires are an emerging segment in the Philippines automotive aftermarket, offering benefits such as real-time pressure monitoring and performance analytics. Although adoption is currently limited, increasing awareness of vehicle safety and fleet management is expected to drive future growth.
The connected tire market faces difficulties related to the relatively low awareness of smart tire technologies among consumers and fleet operators. High costs of smart tires and the associated monitoring systems limit their adoption, especially in price-sensitive markets. Integration with vehicle telematics and connected car platforms remains inconsistent, restricting the full value realization of connected tire data. Furthermore, regulatory standards and testing protocols for connected tire performance are still evolving.
The connected tire market, which uses sensors to monitor tire pressure, temperature, and wear, is gaining attention among fleet operators and automotive service providers. Investment in sensor manufacturing, data analytics platforms, and integration services offers growth potential. Providing cost-effective solutions tailored to local road conditions and vehicle types can enhance adoption. Partnerships with automotive OEMs, fleet managers, and insurers can expand market reach.
Connected tire technologies are emerging under transportation safety and smart mobility policies led by the DOTr and Department of Trade and Industry. Regulations focus on vehicle safety standards, while government initiatives encourage automotive innovation. Import tariffs and tax policies balance the growth of local manufacturing with access to advanced connected tire products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Connected Tire Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Connected Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Connected Tire Market - Industry Life Cycle |
3.4 Philippines Connected Tire Market - Porter's Five Forces |
3.5 Philippines Connected Tire Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
3.6 Philippines Connected Tire Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Philippines Connected Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Connected Tire Market Trends |
6 Philippines Connected Tire Market, By Types |
6.1 Philippines Connected Tire Market, By Rim Size |
6.1.1 Overview and Analysis |
6.1.2 Philippines Connected Tire Market Revenues & Volume, By Rim Size, 2021- 2031F |
6.1.3 Philippines Connected Tire Market Revenues & Volume, By 12 - 17, 2021- 2031F |
6.1.4 Philippines Connected Tire Market Revenues & Volume, By 18 - 21, 2021- 2031F |
6.1.5 Philippines Connected Tire Market Revenues & Volume, By More than 22, 2021- 2031F |
6.2 Philippines Connected Tire Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Connected Tire Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 Philippines Connected Tire Market Revenues & Volume, By Light Commercial Vehicles, 2021- 2031F |
6.2.4 Philippines Connected Tire Market Revenues & Volume, By Trucks, 2021- 2031F |
6.2.5 Philippines Connected Tire Market Revenues & Volume, By Buses & Coaches, 2021- 2031F |
7 Philippines Connected Tire Market Import-Export Trade Statistics |
7.1 Philippines Connected Tire Market Export to Major Countries |
7.2 Philippines Connected Tire Market Imports from Major Countries |
8 Philippines Connected Tire Market Key Performance Indicators |
9 Philippines Connected Tire Market - Opportunity Assessment |
9.1 Philippines Connected Tire Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.2 Philippines Connected Tire Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Philippines Connected Tire Market - Competitive Landscape |
10.1 Philippines Connected Tire Market Revenue Share, By Companies, 2024 |
10.2 Philippines Connected Tire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |