Tire Testing Machine

Tire Testing Machine Market Outlook

The global tire testing machine market is projected to reach USD 600 million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2025 to 2035. The market's growth is primarily driven by the increasing demand for high-quality and durable tires across various automotive sectors. As vehicle safety standards become stringent and consumer awareness regarding tire performance escalates, manufacturers are increasingly investing in advanced testing technologies to ensure compliance with international regulations. Additionally, the rise in electric vehicles (EVs) is expected to further propel this market, as EVs require precise tire performance metrics for optimized energy efficiency and longevity. Other factors contributing to market expansion include the growing automotive industry in emerging economies and advancements in tire manufacturing technologies that emphasize rigorous testing processes.

Growth Factor of the Market

The tire testing machine market is experiencing substantial growth due to several key factors. Firstly, the increasing focus on vehicle safety and performance is driving manufacturers to adopt rigorous testing methodologies to ensure tire reliability. As the automotive industry continues to evolve, the demand for innovative tire designs that offer better traction, durability, and fuel efficiency is becoming increasingly vital. This trend is particularly relevant with the rising popularity of electric vehicles, which require specialized tire testing to assess performance under different driving conditions. Furthermore, advancements in testing technologies, such as automated systems that provide real-time data analytics, are making tire testing more efficient and reliable. The global push for sustainability is also influencing market dynamics, as manufacturers aim to develop eco-friendly tires that meet regulatory standards, thus creating a need for comprehensive testing solutions. Lastly, the expansion of the automotive sector in developing regions offers significant growth opportunities for tire testing machine manufacturers.

Key Highlights of the Market

• The global tire testing machine market is projected to reach USD 600 million by 2035.
• North America holds a significant share of the market due to the strong automotive sector.
• Electric vehicle adoption is providing new opportunities in tire testing innovations.
• Dynamic tire testing machines are expected to dominate the product type segment.
• Technological advancements in tire testing methodologies are driving market growth.

By Product Type

Dynamic Tire Testing Machine:

Dynamic tire testing machines are integral to the tire testing process, as they simulate real-world driving conditions to evaluate tire performance under various circumstances. These machines assess critical parameters such as cornering stiffness, traction, and braking performance. The ability to replicate dynamic loads and road conditions allows manufacturers to gain valuable insights into how a tire will perform over its lifespan. With the automotive industry increasingly prioritizing safety and performance, dynamic tire testing machines are gaining traction among tire manufacturers and research institutions. The rise in the number of safety regulations and performance standards further underscores the importance of these testing machines in the overall tire development process.

Static Tire Testing Machine:

Static tire testing machines serve as a fundamental tool for evaluating tire properties without subjecting them to dynamic forces. These machines are primarily used to measure static properties such as tire pressure, load capacity, and dimensional stability. While they do not replicate real driving conditions, static tests provide critical baseline data for manufacturers to understand tire performance attributes. The static testing process is essential for new tire designs, ensuring that they can meet specific performance criteria before proceeding to dynamic testing. As manufacturers focus on optimizing tire designs for efficiency and durability, static tire testing machines will continue to play a pivotal role in the tire testing process.

Endurance Testing Machine:

Endurance testing machines are designed to assess a tire's ability to withstand prolonged use and stress under various environmental conditions. These machines simulate extended driving scenarios, enabling manufacturers to evaluate how tires perform over time concerning wear and degradation. With increasing consumer expectations for tire longevity and performance, endurance testing has become critical in tire development. By using these machines, manufacturers can identify weaknesses and improve tire designs to ensure optimal performance throughout a tire's life cycle. The growing emphasis on durability and reliability in the automotive industry fuels demand for endurance testing machines, making them a critical component of the tire testing market.

X-ray Tire Inspection Machine:

X-ray tire inspection machines utilize advanced imaging technology to assess the internal structure of tires, allowing manufacturers to detect potential defects and vulnerabilities. This non-destructive testing method provides insights into tire integrity, enabling manufacturers to ensure that their products meet stringent quality standards. With increasing safety regulations in the automotive industry, X-ray inspection has become an essential part of the tire testing process. It helps identify issues such as air pockets, foreign materials, and irregularities in the tire's construction. As manufacturers prioritize safety and quality, the demand for X-ray tire inspection machines is expected to rise, solidifying their position in the tire testing market.

Flotation Testing Machine:

Flotation testing machines are specialized tools that evaluate a tire's performance on soft or loose surfaces, such as sand and mud. They measure how well a tire can maintain traction and stability in challenging driving conditions, which is crucial for vehicles designed for off-road use. With the growing popularity of off-road vehicles and recreational activities, the need for flotation testing is increasing. These machines provide manufacturers with valuable information that aids in developing tires optimized for specific terrains. As the demand for versatile tire solutions continues to grow, flotation testing machines will become an indispensable component of the tire testing ecosystem.

By Application

Automotive Industry:

The automotive industry is the largest segment for tire testing machines, where manufacturers are under constant pressure to provide high-quality and safe tires. As consumer expectations for vehicle performance rise, automakers are investing heavily in tire testing solutions to ensure product reliability. Rigorous testing methods not only enhance safety but also contribute to improving vehicle fuel efficiency and reducing emissions. The automotive industry's heavy reliance on tire performance makes it a significant driver of the tire testing machine market, as manufacturers seek to differentiate their products through superior tire technology and performance attributes.

Tire Manufacturers:

Tire manufacturers are primary users of tire testing machines, as they rely on these technologies to ensure that their products meet performance and safety standards. The competitive nature of the tire manufacturing sector necessitates comprehensive testing to verify the quality and reliability of tires before they reach consumers. Tire manufacturers utilize various testing methodologies to assess product performance, including dynamic and static tests, endurance assessments, and X-ray inspections. With the increasing emphasis on innovation in tire design and materials, the need for advanced tire testing solutions has become more pronounced among manufacturers, driving growth in this application segment.

Research Institutes:

Research institutes play a crucial role in the development of new tire technologies and testing methods. These organizations often collaborate with tire manufacturers to conduct extensive research on tire performance under varying conditions. By utilizing advanced tire testing machines, research institutes can gather valuable data that contribute to the improvement of tire designs and manufacturing processes. The demand for tire testing machines within research institutions is driven by the need for empirical data that supports innovation in tire technology. As the automotive landscape evolves, research institutes will continue to be a vital segment for tire testing machine manufacturers, propelling technological advancements in the industry.

Others:

This category encompasses various other applications of tire testing machines that do not fall under the automotive industry, tire manufacturers, or research institutes. It includes testing services for government organizations, safety regulatory bodies, and independent testing labs that specialize in tire evaluation. These entities are tasked with ensuring that tires comply with safety regulations and performance standards before they are approved for public use. The growing awareness of tire safety among consumers is leading to an increase in independent testing and inspection services, thereby contributing to the overall demand for tire testing machines across diverse applications.

By Distribution Channel

Direct Sales:

Direct sales channels are vital for tire testing machine manufacturers, allowing them to engage directly with customers and provide tailored solutions. This approach enables manufacturers to gain a deeper understanding of customer requirements, ensuring that they can offer specific products that meet unique testing needs. Direct sales also facilitate closer relationships with customers, leading to better after-sales support and service. As manufacturers prioritize customer satisfaction and build brand loyalty, the direct sales channel is increasingly becoming a key component of their distribution strategy, contributing significantly to market growth.

Distributors:

Distributors play a crucial role in the tire testing machine market by connecting manufacturers with end-users across various regions. They help expand the market reach of tire testing machine manufacturers, allowing them to tap into new markets and customer segments. Distributors often provide valuable support services such as installation, maintenance, and technical assistance, which can enhance the overall customer experience. The reliance on distributors facilitates a more efficient supply chain, enabling manufacturers to focus on product development and innovation while leveraging distributors' networks to reach a broader audience.

Online Retailers:

Online retailers are emerging as a significant distribution channel for tire testing machines, providing manufacturers with a platform to reach a global customer base. The rise of e-commerce has transformed the purchasing behavior of many customers, allowing them to research and purchase testing solutions conveniently from anywhere. Online retailers often provide detailed product information, customer reviews, and comparison tools, which can aid customers in making informed purchasing decisions. As the demand for online shopping continues to grow, manufacturers are increasingly recognizing the importance of establishing a strong online presence to capitalize on this trend.

Tire Specialty Stores:

Tire specialty stores represent a niche distribution channel for tire testing machines, focusing on customers who require expert advice and specialized products. These stores often cater to tire manufacturers, automotive repair shops, and racing organizations, providing them with high-quality testing solutions. The personalized service and expertise offered by tire specialty stores can enhance the shopping experience, driving repeat business and customer loyalty. As the need for specialized tire testing equipment continues to grow, tire specialty stores will play an essential role in connecting manufacturers with their target audience.

Others:

This category includes additional distribution channels such as trade shows, exhibitions, and industry conferences where tire testing machines can be showcased and sold. These events provide an opportunity for manufacturers to demonstrate their products to a captive audience, allowing potential customers to see the machines in action. Participating in industry events can also facilitate networking opportunities, enabling manufacturers to forge partnerships and collaborations with other stakeholders in the automotive and tire industries. As the tire testing machine market continues to evolve, leveraging diverse distribution channels will become increasingly important for manufacturers seeking sustained growth.

By Technology Type

Force & Moment Measurement:

Force and moment measurement technology is crucial in tire testing machines, as it allows for the assessment of tire performance under various loads and stresses. This technology enables manufacturers to evaluate how a tire reacts to forces exerted during acceleration, braking, and cornering. Accurate measurements of forces and moments provide valuable insights into tire behavior, which can be used to optimize tire designs for improved performance and safety. As the automotive industry continues to prioritize tire innovation, the demand for tire testing machines equipped with force and moment measurement technology is expected to grow significantly.

X-ray Imaging:

X-ray imaging technology provides a non-destructive method for evaluating the internal structure of tires, allowing manufacturers to identify potential defects and vulnerabilities. This advanced technology enhances the overall quality control process by enabling early detection of issues that could compromise tire safety and performance. The ability to visualize the internal components of a tire is becoming increasingly important as safety regulations tighten and consumer awareness regarding tire quality rises. As a result, the demand for tire testing machines equipped with X-ray imaging technology is expected to increase, reinforcing their significance in the market.

Tread Wear Measurement:

Tread wear measurement technology is essential for assessing a tire's longevity and performance over its lifespan. By analyzing how quickly the tread of a tire wears down, manufacturers can determine optimal usage patterns and make necessary adjustments in design and materials. This technology plays a critical role in ensuring that tires meet consumer expectations for durability and reliability. As the automotive industry places greater emphasis on sustainability and cost-effectiveness, the demand for tread wear measurement technology within tire testing machines is likely to rise.

Rolling Resistance Measurement:

Rolling resistance measurement technology evaluates the energy loss that occurs when a tire rolls on a surface, which directly impacts fuel efficiency and vehicle performance. This technology allows manufacturers to analyze how tire design and material choices affect rolling resistance, providing insights into how to optimize tire performance. As fuel efficiency becomes a more prominent concern for consumers and regulatory bodies, the demand for rolling resistance measurement technology is expected to grow. Tire testing machines that incorporate this technology will be essential for manufacturers seeking to develop energy-efficient tire solutions.

Others:

This category encompasses additional technologies utilized in tire testing machines that do not fall under the aforementioned categories. These may include advanced sensors, data analytics software, and automated testing systems designed to enhance the overall testing process. The integration of innovative technologies into tire testing machines enables manufacturers to gather more accurate data, streamline testing methodologies, and improve efficiency. As the tire testing machine market evolves, the incorporation of diverse technological advancements will continue to drive growth and enhance product offerings.

By Region

North America holds a significant share of the tire testing machine market, accounting for approximately 35% of the global market revenue. The region's robust automotive sector, characterized by well-established tire manufacturers and a strong focus on safety and performance, drives the demand for tire testing machines. Furthermore, the increasing adoption of electric vehicles and the associated need for advanced tire testing technologies are expected to contribute to market growth in this region. The CAGR for the North American tire testing machine market is projected to be around 6.2%, indicating sustained growth as manufacturers strive to meet evolving consumer expectations and regulatory standards.

Europe is also a key region in the tire testing machine market, with a market share of approximately 30%. The strong automotive industry, coupled with stringent safety regulations and performance standards, fuels the demand for comprehensive tire testing solutions. European manufacturers are increasingly investing in innovative testing technologies to enhance tire performance and meet regulatory requirements. The growing emphasis on sustainability and eco-friendly tire solutions, particularly in Western Europe, is further driving advancements in tire testing methodologies. The European market is expected to exhibit a CAGR of 5.5%, reflecting ongoing investments in tire research and development.

Opportunities

With the rapid evolution of the automotive industry, numerous opportunities are emerging in the tire testing machine market. One of the most significant opportunities lies in the growing adoption of electric vehicles (EVs). As manufacturers focus on developing tires specifically designed for electric vehicles, the need for advanced tire testing solutions has increased. Electric vehicles generate different torque loads compared to traditional combustion engines, necessitating specialized testing methodologies to ensure tire performance and safety. Tire testing machine manufacturers that can adapt their technologies to meet the unique requirements of EVs will be well-positioned to capitalize on this lucrative segment. Additionally, the rise of autonomous vehicles presents another opportunity, as the demand for high-performance tires equipped with advanced safety features will likely increase, creating a need for enhanced testing solutions.

Another promising opportunity lies in emerging markets, particularly in Asia-Pacific and Latin America. These regions are witnessing significant growth in the automotive sector, driven by rising disposable incomes, urbanization, and an expanding middle class. As tire manufacturers seek to establish a presence in these markets, the demand for tire testing machines will also rise. Additionally, governments in these regions are increasingly implementing safety regulations and standards for tires, further bolstering the need for comprehensive testing solutions. Tire testing machine manufacturers that can tap into these emerging markets and offer localized solutions will likely experience substantial growth in the coming years. By focusing on innovation and catering to regional demands, manufacturers can enhance their market position and drive revenue growth in the tire testing machine sector.

Threats

One of the significant threats facing the tire testing machine market is the rapid pace of technological advancements within the automotive industry. As new tire technologies and materials are developed, manufacturers may require frequent upgrades to their testing equipment to keep pace with innovation. This constant need for investment in new technologies can strain the budgets of tire testing machine manufacturers, potentially reducing profit margins. Moreover, as competitors introduce more advanced and cost-effective solutions, companies that fail to adapt may find themselves losing market share. Staying competitive will require significant investment in research and development, which could pose challenges for smaller manufacturers with limited resources.

Another potential threat to the tire testing machine market is the increasing trend towards automation and digitalization in the manufacturing process. As manufacturers seek to optimize their operations and reduce costs, they may prioritize automated solutions over traditional tire testing methodologies. This shift could lead to a declining demand for conventional tire testing machines, as companies invest in integrated testing systems capable of real-time data processing and analytics. While automation offers numerous benefits, it poses a challenge for manufacturers of traditional testing equipment, necessitating a reevaluation of their product offerings to remain relevant in an evolving market landscape.

Competitor Outlook

• Schmidt & Co.
• AMETEK, Inc.
• Gleason Corporation
• Weiss Technik
• Textech International
• Hegewald & Peschke
• Machine Solutions, Inc.
• Hofmann Engineering
• Apex Engineering
• VMI Group
• B&J Rocket
• Intertek Group plc
• Continental Tire North America, Inc.
• MTI Instruments
• Hankook Tire Co., Ltd.

The competitive landscape of the tire testing machine market is characterized by a mix of established players and emerging companies striving to capture market share through innovation and differentiation. Key players are increasingly focusing on research and development to enhance their product offerings and address the growing need for advanced tire testing solutions. Manufacturers are also forming strategic alliances and partnerships with automotive companies to strengthen their market presence and expand their customer base. Furthermore, companies are investing in marketing strategies to promote their technologies and gain visibility among potential customers in the automotive sector.

Schmidt & Co. is one of the leading manufacturers in the tire testing machine market, known for its advanced testing technologies and innovative solutions. The company offers a wide range of tire testing machines, including dynamic and static testing systems, tailored to meet the specific needs of tire manufacturers and automotive companies. By investing in R&D, Schmidt & Co. continues to enhance its product offerings, ensuring compliance with evolving industry standards. Moreover, the company's commitment to customer support and service has solidified its reputation as a trusted provider in the tire testing machine market.

AMETEK, Inc., another major player, specializes in electronic instruments and electromechanical devices, including tire testing machines. The company's expertise in data analytics and measurement technologies has positioned it as a key player in the tire testing market. AMETEK's focus on innovation, combined with strategic acquisitions, has allowed it to expand its product portfolio and enhance its capabilities, catering to the diverse needs of tire manufacturers. The company's commitment to quality and performance has further strengthened its competitive position in the tire testing machine market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 VMI Group
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 B&J Rocket
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 AMETEK, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Schmidt & Co.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Weiss Technik
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 MTI Instruments
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Apex Engineering
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Hegewald & Peschke
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Intertek Group plc
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Gleason Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Hofmann Engineering
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Textech International
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Hankook Tire Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Machine Solutions, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Continental Tire North America, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Tire Testing Machine Market, By Application
    • 6.1.1 Automotive Industry
    • 6.1.2 Tire Manufacturers
    • 6.1.3 Research Institutes
    • 6.1.4 Others
  • 6.2 Tire Testing Machine Market, By Product Type
    • 6.2.1 Dynamic Tire Testing Machine
    • 6.2.2 Static Tire Testing Machine
    • 6.2.3 Endurance Testing Machine
    • 6.2.4 X-ray Tire Inspection Machine
    • 6.2.5 Flotation Testing Machine
  • 6.3 Tire Testing Machine Market, By Technology Type
    • 6.3.1 Force & Moment Measurement
    • 6.3.2 X-ray Imaging
    • 6.3.3 Tread Wear Measurement
    • 6.3.4 Rolling Resistance Measurement
    • 6.3.5 Others
  • 6.4 Tire Testing Machine Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retailers
    • 6.4.4 Tire Specialty Stores
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Tire Testing Machine Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Tire Testing Machine market is categorized based on

By Product Type

• Dynamic Tire Testing Machine
• Static Tire Testing Machine
• Endurance Testing Machine
• X-ray Tire Inspection Machine
• Flotation Testing Machine

By Application

• Automotive Industry
• Tire Manufacturers
• Research Institutes
• Others

By Distribution Channel

• Direct Sales
• Distributors
• Online Retailers
• Tire Specialty Stores
• Others

By Technology Type

• Force & Moment Measurement
• X-ray Imaging
• Tread Wear Measurement
• Rolling Resistance Measurement
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Schmidt & Co.
• AMETEK, Inc.
• Gleason Corporation
• Weiss Technik
• Textech International
• Hegewald & Peschke
• Machine Solutions, Inc.
• Hofmann Engineering
• Apex Engineering
• VMI Group
• B&J Rocket
• Intertek Group plc
• Continental Tire North America, Inc.
• MTI Instruments
• Hankook Tire Co., Ltd.