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The future insight for ongoing expansion in the global tire market is robust. The moderate level of development in the tire market is fueled mainly by unspectacular trends in economic growth, vehicle production, and replacement demand from various end-users around the globe
The future insight for ongoing expansion in the global tire market is robust. The moderate level of development in the tire market is fueled mainly by unspectacular trends in economic growth, vehicle production, and replacement demand from various end-users around the globe. Despite the lack of sudden development in tire supply, a series of high-growth opportunities and newer technologies are here to help forge added benefits in the years to come. The four prominent areas where the new technologies have the most significant impact are:
Modeling the Trio-Section:
In the intersection of R&D and manufacturing, Computer modeling and simulation are of great use as they will speed up tire development and accommodate cases for the introduction of new materials and formulations. Innovations in the speed and affordability of computing show immediate results in its ability to model and simulate tire design. This will allow companies to hone in on an optimal placement within the magic triangle of traction, wear-resistance, and fuel efficiency.
In terms of tire labeling and regulations over noise becoming more prioritized, Computer models are used to accurately reproduce the aftereffects virtually and refined to obtain precise results.
Making Tires Smarter:
The initial move towards the same was to fit the tires with RFID chips as they enhance factory processes and traceability in supply chains. In addition to this, the technology can also be leveraged to enable safer driving.
The main motive is to move forward from the passive information model of basic RFID to a dynamic system with sensors embedded in the tires to get real-time feedback on its performance and road conditions. The sensors integrated into the tires need to be robust. They should endure high temperatures and pressures experienced during tire curing along with driving conditions such as heat, cold, and vibrations for extended periods.
As consumers are aware of the number of safety implications of counterfeited tires, traceability amongst international supply chains needs to be continuously prioritized. To fulfill the same, hybrid barcode RFID labels are suited as it has the potential to save costs. With in-depth innovations in materials and fabrication methods, combining the benefits of RFID and Barcodes into a single product that goes through vulcanization is now a viable solution.
The fourth industrial revolution or Industry 4.0 has brought in the automation of the production lines, creating a massive impact on manufacturing.
High-precision tire assembly systems are installed as a part of the manufacturing process. This platform decreases the amount of direct human lifting in the tire-building steps. Artificial Intelligence is leveraged in the setup to control the optimal placement of all components in the tire. Several developers report that an improvement in quality up to 15 percent is seen. During manufacturing, more extensive deployment of X-ray systems in factories to inspect tires - specifically heavy vehicle tires for better visuals on the quality and problem detection.
See also: Top Artificial Intelligence Companies