INTELLIGENT TIRE MARKET ANALYSIS

Intelligent Tire Market, by Product Type (Inflatable Tires and Solid Tires), by Application (Passenger Cars and Commercial Vehicles), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Nov 2024
Code : CMI2302
Formats :
Excel and PDF
Industry : Automotive and Transportation

Intelligent Tire MarketSize and Trends

Market- Trends

Intelligent tire is a technology that is integrated in connected cars. Intelligent tire stores information related to wear, temperature, and pressure of tire and the importation is continuously updated and shared with fleet operators. This offers a real-time status for the need for tire servicing, which further aids to extend tire’s life, reduces fuel consumption, and enhances several other performance attributes of cars. Moreover, increasing adoption of battery-less sensor chips is expected to boost growth of the intelligent tire market. Use of battery-less sensor chips in intelligent tires helps to reduce power consumption, which further increases services life of intelligent tires.