Connected Tires Market investment will reach US$ 96.50 Billion by 2030

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 size is valued at US$ 3.84 Million and is forecasted to grow at a CAGR of 58.5% from 2024 to 2030, reaching nearly US$ 96.50 Million

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The connected tires market is an innovative segment of the automotive industry, integrating sensor technology to provide real-time data on tire conditions. These advanced tires can monitor metrics like pressure, temperature, tread wear, and road conditions, transmitting data to both the driver and the vehicle's onboard systems. This capability improves safety, performance, and fuel efficiency while enabling predictive maintenance, which is highly valuable for both personal and commercial vehicles. As vehicles become smarter, the demand for connected tires is rising, making them an essential part of the evolving automotive ecosystem.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: https://www.maximizemarketresearch.com/request-sample/209393/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

The push towards vehicle safety and preventive maintenance is a major driver in the connected tires market. Connected tires provide real-time feedback on critical tire conditions, allowing drivers to proactively address issues such as low pressure or excessive wear before they escalate into potential hazards. This capability is especially valuable for commercial fleets, where tire health has a direct impact on operational safety and efficiency. As road safety becomes a priority for consumers and regulators, connected tire technology is gaining momentum as a key solution.

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

One of the prominent trends in the connected tires market is the integration of artificial intelligence (AI) and machine learning (ML) into tire monitoring systems. These technologies enable connected tires to analyze and predict road conditions and tire performance more accurately. For instance, AI can help detect patterns in tire wear and suggest maintenance schedules, while machine learning algorithms can enhance real-time decision-making for optimal performance. This trend is enhancing the intelligence of connected tire systems, making them more adaptive and efficient.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐓𝐨𝐝𝐚𝐲 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬: https://www.maximizemarketresearch.com/inquiry-before-buying/209393/

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

The connected tires market offers considerable opportunities in the commercial vehicle segment, especially for fleet management. Fleet operators can leverage connected tire technology to monitor tire health across an entire fleet, enabling predictive maintenance that minimizes downtime and reduces operating costs. Connected tires can also help improve fuel efficiency, which is a crucial factor in managing the expenses of commercial fleets. With the logistics and transportation sectors increasingly looking for cost-effective solutions, connected tires provide an attractive opportunity for fleet optimization.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭?

North America and Europe are leading markets for connected tires, driven by advanced automotive infrastructure and high adoption rates of smart and autonomous vehicle technologies. In North America, the U.S. is at the forefront, with significant investments in autonomous driving and electric vehicles. The region's established regulatory framework around vehicle safety and emissions further encourages the adoption of connected tire technology. Europe, with its strong automotive manufacturing base and stringent environmental standards, also sees robust demand for connected tires, especially in countries like Germany and France.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲: https://www.maximizemarketresearch.com/request-sample/209393/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:

by Offering

Hardware
Software

by Component

TPMS
Accelerometer sensors
Strain gauge sensors
RFID chips
Other sensors

by Vehicle Type

Passenger Cars
Commercial Vehicles

by Propulsion

Electric
ICE

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐓𝐢𝐫𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Bridgestone Corporation
2. Michelin
3. Continental AG
4. Pirelli & C. S.p.A
5. Goodyear Tire and Rubber Company
6. Sumitomo Rubber Industries, Ltd.
7. Hankook Tire & Technology Co., Ltd.
8. Yokohama Rubber Co., Ltd.
9. Giti Tire Corporation
10. Kumho Tire Co., Inc.
11. Toyo Tire Corporation
12. Nokian Tyres plc
13. Cooper Tire & Rubber Company
14. Apollo Tyres Ltd.
15. MRF Limited
16. Nexen Tire Corporation
17. CEAT Limited
18. Maxxis International
19. Falken Tire Corporation
20. BKT (Balkrishna Industries Limited)
21. Triangle Group Co., Ltd.
22. GT Radial (Giti Tire Global Trading Pte. Ltd.)
23. Double Coin Holdings Ltd.
24. Linglong Tire Co., Ltd.
25. Alliance Tire Group (ATG)

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.maximizemarketresearch.com/market-report/connected-tires-market/209393/

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Market Size and Competitive Landscape
Connected Tires Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Connected Tires Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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