According to a new report by UnivDatos Market Insights, the Global Tire Tread Depth Scanner Market, is expected to reach USD XX Billion in 2030 by growing at a CAGR of 4.37%. The automotive industry is experiencing significant advancements in technology, such as the development of electric vehicles and the increasing use of digital technology in vehicle maintenance. This rapid growth and technological change created a demand for advanced tire tread depth scanners to keep up with the evolving industry. Furthermore, as vehicles age and wear out, there is a growing need for tire maintenance and replacement. Tire tread depth scanners can help drivers and tire dealers monitor the wear and tear of their tires, ensuring timely replacement and maintaining road safety. Moreover, the development of innovative tire tread scanning technology is further fueling the growth of this industry.
The report suggests that the Continuous Development of technology leading to the expansion of Tire trad depth scanner applications is one of the major factors driving the Tire Tread Depth Scanners Market during the forthcoming years. Furthermore, innovative technologies such as mobile tire tread scanner, laser scanning technology, and Tire tread scanner integration with rugged mobile devices are driving the growth of the tire tread depth scanners in the market. Additionally, AI-enabled technology is also penetrating the tread depth scanner market where, AI is being increasingly integrated into tire tread scanning processes, allowing tire technicians and drivers to measure tire tread and create a 3D model of each tread using their mobile device.
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Apart from this, the automobile industry has been facing increasing pressure to improve road safety standards across the globe. This has led to the implementation of stricter regulations and standards, aiming to reduce accidents and fatalities on the roads, for instance.
· In July 2022, as per the UK government data, in 2021, more than 41,500 people broke down on national roads due to tire issues, which accounts for almost 20% of all the breakdowns, and many of these breakdowns could have been avoided if the drivers had carried out basic vehicle checks before departing including checking their tires.
Several big companies are seeing a golden opportunity for growth in this field due to these factors and launching their products catering to the increased demand that’s been generated due to increased awareness on tire safety and hazards that bad condition tires could lead to if not checked on a regular basis.
Expanding Use of Handheld Type Scanner is Generating the Maximum Traction for the Tire Tread Depth Scanners in the Market
The handheld type of tire tread depth scanner holds the majority of the market share and is growing at the fastest rate. The factors responsible for this high market share and growth rate includes convenience, where handheld scanners are compact and easy to use, making them more accessible to users in various settings, such as garages, dealerships, and roadside assistance. Furthermore, handheld tire tread depth scanners, like the TreadReader, provide consistent and precise measurements across the entire tire circumference, ensuring accurate results. Additionally, handheld scanners can be used in various industries, including automotive, transportation, and fleet management, making them versatile and adaptable to different market needs, thus driving the growth of the segment in the forthcoming years, and can also be seen from the product launches that are happening in this segment. For instance,
• For instance, On April 7, 2021, they introduced the industry’s first mobile tire tread depth reader and DOT scanning solution, which was deployed across all of Discount Tire’s nearly 1,100 stores.
• For instance, In April 2021, Snap-on Inc. began marketing a handheld mobile tread scanner called the Total Shop Solutions (TSS) TreadReader, which measures a tire’s surface and depth
• The Autel MaxiTPMS TBE200 is a tire wear laser examiner, tire tread depth and brake disc wear checker, and DOT scanner. It is an upgrade model of the TBE100 and is set to be available on December 2, 2022.
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Conclusion
In conclusion, as technology continues to evolve, tire tread scanners are expected to play an increasingly important role in road safety. By providing accurate and consistent data on tire tread depth, these devices can help drivers and fleet operators make informed decisions about tire maintenance and replacement, ultimately reducing the risk of accidents and improving overall road safety. Furthermore, as technology continues to advance, tire tread scanners are expected to shape the future of road safety in several ways such as AI and Computer Vision, Mobile Tire Tread Scanners, Integration with Vehicle Systems, and Personalized Risk Profiling are some of the applications of this.
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