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Intelligent Tire Market: Emerging-Trends With Business-Strategy Till 2027
Intelligent Tire
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Global Intelligent Tire Market: Taxonomy
By Product Type
-Inflatable Tire
-Solid Tire
By Application
-Passenger Cars
-Commercial Vehicle
-Heavy Commercial Vehicle (HCV)
-Light Commercial Vehicle (LCV)
By Region
-North America
-Europe
-Asia Pacific
-Latin America
-Middle East
-Africa
Key players operating in the global intelligent tire market are: The Goodyear Tire & Rubber Company, Continental AG, Michelin Group, The Yokohama Rubber Company, Limited, Sumitomo Rubber Industries, The Hankook TireGroup, Pirelli & C. S.p.A., and Bridgestone Corporation, ATG Tires, and Apollo Tires Limited.
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Regional Insights:
The intelligent tire market in Asia Pacific is expected witness highest CAGR over the forecast period. This is owing increasing smart city projects and connected infrastructure initiatives by governments in the region. India and China are major market drivers in the region. For instance, in 2015, '100 Smart City' mission was launched by the Government of India.
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