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Automotive Tire Tread Sensors market was valued at US$ 8 million in 2022 and is anticipated to reach US$ 396.5 million by 2029, witnessing a CAGR of 71.0% - Valuates Reports
Automotive Tire Tread Sensors market was valued at US$ 8 million in 2022 and is anticipated to reach US$ 396.5 million by 2029, witnessing a CAGR of 71.0% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-12H9260/Global_Automotive_Tire_Tread_Sensors_Market_Insights_and_Forecast_to_2028
Today's cars are laden with sensors that keep tabs on many variables. The wear of car tires may sometimes lead to a decrease in tire grip, which may cause serious traffic accidents. The car tire tread sensor can monitor the tire tread condition in real time, and get the status and replacement warning.Some of these sensors are separate and only measure parameters such as tread thickness; others are integrated in a integrated sensor and have the measurement function of tire parameters such as pressure and temperature at the same time.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key automotive tire tread sensors manufacturers include Continental, Tyrata etc.The top 3companies hold a share about 35%.North America is the largest market, with a share about 45%, followed by Europe and Asia-Pacific with the share about 30% and 15%.
This report aims to provide a comprehensive presentation of the global market for Automotive Tire Tread Sensors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Tire Tread Sensors.
The Automotive Tire Tread Sensors market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Tire Tread Sensors market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Tire Tread Sensors manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
Segment by Type
Tire Integrated Sensor
Tire Tread Sensor
Segment by Application
Passenger Cars
Commercial Vehicles
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-12H9260/global-automotive-tire-tread-sensors
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