Automotive

4 Latest Developments In Tire Manufacturing Business

Over the last few decades, the need for more automation and faster size changes in tires has resulted in an industry manufacturing transformation. Manufacturing process advancements have been ongoing since the first tire factories and have accelerated in the last decade. The increasing focus on environmental issues is driving it.

The construction of new factories will help meet rising demand and make it easier to handle the new equipment. Automation advancements have also contributed significantly. Together, these factors indicate that tire manufacturer will continue to prioritize manufacturing efficiencies.

In 2015, the global automotive tire segment was worth $140 billion. It is likely to reach $218.9 billion in 2030, with a 3.8 percent CAGR. The increase in vehicle production in developing countries is driving the global automotive tire market. It results in an increase in competition between tire manufacturers.

4 latest technologies in the tire manufacturing

Like any other industry, the tire industry must respond to customer demands, new technology, and competitors. As a result, it has resulted in the development of cutting-edge tires and new business models. 

Season type, vehicle type, rim size, distribution channel, load index, and region are the categories of the automotive tire market. Summer, winter, and all-season tires are the three types of tires available. Passenger cars, commercial vehicles, and electric vehicles are the three types of vehicles.

Because of rapid technological advancements, most manufacturing companies are turning to automation to boost productivity and profitability. The automotive tire market is likely to grow as a result of technological advancements in the global tire industry. Whether it is compounds that provide better traction in snow and ice or compounds that improve wet handling, technology is constantly improving tire performance. Tire manufacturers collaborate with vehicle designers to develop tires for the future. Some of the newest technological trends in tire manufacturing are as follows

Changing in tire type and design

New tire developments are continually made, and there are significant changes every year. Tread/shape, material types, and material chemistry are among the tire attributes that are changing. It doesn’t even include all of the concept tires.

Tire manufacturers have made a primary commitment to producing tires that are ever more technologically proficient. Examples include sensors that measure tread depth, temperature and provide drivers with real-time alerts. Run-flat tire technologies include self-sealing tires, self-inflating tires, and air-free tire technologies.

To produce these technically advanced tires, technology has an impact on tire manufacturing. It could include new molds, laser carving tools, and test equipment, among other things (especially for noise). Material changes, such as different resins, silica, and aramid fibers, are also possible.

Smart tires

Smart tires are unquestionably the upcoming trend in the tire industry. In layman’s terms, it’s a tire that has several sensors and can communicate with the driver (not literally). The tire will alert the user if there is a change in drivetrain, air pressure, tread depth, any damage, or when they need maintenance using sensors.

Consider a tire that can detect air leakage and warn you before it becomes dangerous. It would be wise to use such a tire. Different tire manufacturers define smart tires differently. The seamless integration of physical and digital components has a significant impact not only on performance, safety, and durability but also on the environment. In the not-too-distant future, intelligent tires will be a critical component of self-driving cars, making them a reality.

Intelligent tires, on the other hand, go beyond mere alertness. They can fulfill many of the tasks on their own. They can, for example, change the air pressure. The tires will become more advanced as our cars become more futuristic. By leveraging the power of information systems, tire manufacturers are becoming more responsive and efficient. As these trends gain traction, the tire industry continues to transform in terms of how tires are manufactured and sold.

Pay-as-you-use

Instead of selling tires, tire manufacturers are now selling kilometers. Until now, tires were sold to customers, who had become the tire’s owners. This is not true for product-as-a-service. Manufacturers of tires are increasingly offering tires as a service.

In two ways, this is a good solution for large fleet owners. First, they only pay for use, such as per kilometer or per month, and second, the company is primarily responsible for tire maintenance. This model necessitates the vehicle owner and the manufacturer to share extensive data about tire usage, maintenance, and so on. RFID makes this process easier.

Customers looking for cost-effective options should choose a suitable tire with this model. Instead of focusing solely on low-cost tires, it will provide them with the best possible performance.

Radicalization

Radial tires have become popular in the middle of the twentieth century. Radial tires have several advantages: they grip the road better, last longer, consume less fuel, and ride smoother. Despite the fact that most automobiles use radial tires, commercial vehicles continue to use bias-ply tires.

Radial technology accomplishes two goals: it protects natural resources and the ecosystem while also meeting the needs of modern vehicle owners. It is no longer considered an exotic tire, but rather a necessity for passenger vehicles. Radial tires flex more than bias-ply tires, which improves traction, stability, and tread wear. Radials also run cooler, especially when under load.

Ninety-eight percent of passenger vehicles and approximately 65 percent of commercial trucks use radial tires. Commercial vehicles are gradually shifting to radial construction due to the long-lasting and fuel-efficient nature of radial tires.

Radial tires are becoming increasingly popular for commercial vehicles. The reason for this is that radial tires are more environmentally friendly, long-lasting, and fuel-efficient than bias-ply tires. The drawback is that owners of commercial vehicles will have to pay for new tires.

Conclusion

To conclude, the main theme of this post is to illustrate the 4 technologies trending in the tire manufacturing industry. Tires are one of the most critical safety components in a vehicle. They support the vehicle’s weight, absorb impact, withstand a variety of weather conditions, and serve as the car’s only link to the road. Tire Safety and performance are dependent on the grip between the tire and the road surface. Today, the tire industry is growing with the newest technological inventions. The above advancements are popular in commercial vehicles and autonomous trucks. A heavy-duty truck, a van truck, a passenger car, and many others are evolving with new trends and technologies.

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