The Saudi Arabia Smart Tire Market has shown growth in the past years, and it is anticipated to increase at a high rate in the forecast year 2024-2028. Smart tires have various features. For example, smart tires make it possible for V2X, or vehicle-to-everything connectivity, so that the drivers always have access to all the information. In order to read and interpret tires data, smart tires are equipped with both sensors and chips. Sensors are often found in the tread of modern tires. The chip enables communication with numerous devices, via Bluetooth. The advantage of Bluetooth is that it allows users to view data using a smartphone or tablet. In Saudi Arabia, sport cars are famous, compared to the normal cars, due to which many automotive companies offer sports cars that are now equipped with smart tires and have the latest technology in it. The obtained data can be used by the vehicle to guarantee top performance. Additionally, the obtained data is sent to and synchronized with a cloud platform that can be viewed anywhere using a device like a smartphone. It will likely take another five years for this technology to be widely commercialized and for people to understand how important it is for tire performance and safe driving. The smart tires appear to be an improved alternative to the TPMS (Tire Pressure Monitoring System).

Saudi Arabia have overall tire market share of 23.63% in the Middle East & Africa region. In the year 2021, tire sales in Saudi Arabia were around 22.44 million units, in which the passenger car segment has the market share of 74.55% among all other vehicles. The sales of tires are mostly generated from the replacement market in Saudi Arabia which accounts for 99.33%, in the year 2021.

There are numerous applications for smart tire technology that have enormous potential for growth in the future. Vehicle platooning, in which vehicles are outfitted with cutting-edge driver assistance systems, is one of these possibilities. Vehicles form a platoon that follows one another closely and is kept together by smart technology that relies on sensory data input and vehicle-to-vehicle communication. Tire manufacturers can assess the braking potential of the vehicles in real time and tailor the convoy composition to maximize fuel efficiency while travelling safely, thanks to sophisticated vehicle data processing.

Self-Inflating Tire

In a situation where the tire is slightly deflated; the self-inflating tire has the ability to autonomously inflate. The tires continuously maintain standard tire pressure and guarantee vehicle safety in the event of slow leaks. The use of self-inflating tires increases vehicle stability, increases driver safety by reducing the chance of tire blowouts, and improves vehicle handling and maneuverability. By reducing rolling resistance and ensuring optimum inflation, the tires significantly promote fuel efficiency. They also guarantee a longer tire life. It is a workable solution for a safer environment because of the reduced carbon emission and tire debris.

Increasing Concern Towards Environment and Vehicle Safety

As a result of increasing awareness about the rising pollution from IC vehicles, the adoption of various eco-friendly vehicles, including electric and hydrogen-powered vehicles, are being increased. As a result, tires that conserve fuel and aid environmental sustainability is also being developed. Additionally, the Clinton Administration's passage of the Transportation Recall Enhancement Accountability and Documentation (TREAD) Act in 2000, helped tire pressure monitoring systems (TPMS) gain significant prominence. The TREAD Act required that all new vehicles sold in US after September 2007, come equipped with TPMS, among other enhancements to transportation safety. Many light trucks and cars with a model year of 2008 or more, include tire pressure monitoring devices. Under-inflated tires also cause issues in several other nations.

Smart Tire Ensure Safety of The Vehicle

The automobile industry is looking for comprehensive and affordable monitoring systems to better track tire condition in order to meet the tire safety criteria, particularly for autonomous vehicles. In contrast to traditional tires, which can only monitor tire properties passively, smart tires actively examine tire characteristics and immediately sound an alarm when abnormal conditions are detected. In the smartphone application, data is also collected and examined, as well as compared and shared. As a result, it is possible to keep track of the tire characteristics and promptly modify tire parameters, such as pressure.