The future of tire manufacturing will be reliant on its ability to meet the evolving challenges of the modern consumer market. As the market continues to grow annually, adaptations will be required if tire manufactures like Tire World have any chance of maintaining that growth. There are opportunities for those tire manufacturers with an eye on the future.
New Innovations on the International Tire Trade Front
A shift in supply chain management, emerging technologies, and the needs of consumers are all driving change, and tire manufacturers that aren’t keeping updated on the emerging tech trends in the global tire market covered in the blog are set to fall behind those competitors that wish to remain ahead of the game.
1. Computer Modelling
Tire manufacturers are already benefiting from the faster speeds of computers, especially in terms of R&D. Computer modelling is proving invaluable to the tire industry, accelerating the introduction of newer and more environmentally sustainable materials. When it comes to the manufacturing of tires, the focus is always on fully optimizing the three most important elements of tire design and manufacture:
- Wear resistance
- Fuel efficiency
Companies are saving money because not only does faster technology mean faster development, it also means fewer mistakes. Computer simulations mean fewer prototypes units being made, lowering production costs.
2. Smart Tires
Vehicles are now the equivalent of computers on wheels, and tires are becoming more and more a part of that computer system. The growing need for more integrated ‘smart tires’ into car design has already led to changes. One of the first was the introduction of RFID chips into tire design. While this is a more passive design in terms of information, the shift to a more dynamic integration is becoming the end-goal. Driving performance and road condition data can all be accessed via sensors embedded within the tires themselves, and manufacturers are racing to make use of this potential.
While it was Henry Ford who introduced the idea of automation to the motor industry, the coming changes are set to have as big an impact. Automation is expected to affect a variety of sectors, and this shift to automated manufacturing processes (dubbed the fourth industrial revolution) is set to have a growing influence in terms of cost and production speeds.
Tire World Exports are Ahead of the Technological Curve
Emerging tech trends in the global tire market are already being felt across the sector. For those manufacturers that hope to stay competitive, they must stay on top of both new technologies and emerging consumer trends. Failure to do so will see them falling behind. Check out our website to find out more about us or to reach out to us.
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