3 Upcoming Trends In The Tyre Industry
The tyre industry, like any other, must respond to customer demands, new technology, and competitors. Resultantly, it has led to the emergence of cutting-edge tyres and new business models. In this article, PitStopArabia will discuss the 3 upcoming trends in the tyre industry.
1. Pay as you Use
Previously when you bought car tyres, you became their owner. Now, that may no longer be the case. In many countries, tire retailers have developed a new concept – pay as you use or pay-per-use. The best example to understand this concept is that of electricity. You pay only for the units that you consume. Similarly, when it comes to the tyres, you will only pay for the kilometres you drive, and the retailer or tyre shop remains the owner of the tires.
Benefits of Pay as you Use
You might be wondering what’s the benefit of this approach? Well, there are numerous. First, the responsibility of tyre maintenance is not on the customer but the tire shop. Secondly, if the tyre is damaged, the driver has no responsibility. Instead, the tyre shop will replace or repair it. Thirdly, consider yourself a car fleet owner. Imagine the cost of replacing and repairing tires now and then. With this new concept, fleet owners will only pay for the kilometres driven. It will significantly reduce their expenses. You might be wondering how the tyre owner will know about the usage? Simple. The tire is fitted with sensors that keep sending data to the owner.
2. Smart Tyres
The second upcoming trend in the tyre industry is smart tires. In simple words, it is a tyre that is embedded with several sensors and can talk to the driver (not literally). With the help of sensors, the tire will alert the user to a change in drive terrain, air pressure, tread depth, any damage, or when they require maintenance. In fact, intelligent tires go beyond alert. They can do many of the tasks themselves. For example, they can adjust the air pressure. As our cars become futuristic, so will the tires. We already talked about a smart tire before. Check out this article to know more.
3. Radialisation
You may recall our discussion on radial and bias-ply tyres. If not, go through this article once again before continuing reading. Although most cars use radial tyres, commercial vehicles still rely on bias-ply tires. There are various reasons for it, including higher load capacity, low price, and protection against damage. Today, there is an increasing trend of equipping commercial vehicles with radial tyres. The reason is that radial tyres are eco-friendly, durable, and fuel-efficient as compared to bias-ply tyres. The downside is that commercial vehicle owners will have to pay for a new set of tires.
Wrap Up
It concludes our article. If you have any questions in mind, let us know. If you are on the lookout for new tyres, we recommend that you opt for a smart tire. It will enable you to experience the future of mobility. However, please keep in mind that intelligent tyres will only work best with a modern vehicle. Thank You.