Press release
Global Automotive Intelligent Tires Market Will Grow Steadily At a CAGR of 291.23% For The Period From 2017 - 2021
Market Research Report
Original equipment manufacturers (OEMs) are trying to fine tune their ADAS offerings considering the tread wear, which refers to a specificity of tires that changes with use. Some innovative ADAS manufacturers have programmed a specific wear rate based on the miles a tire travels. They have calibrated their ADAS responses based on this factor. This has led to the development of intelligent tires, wherein an assortment of embedded sensors in the tire feeds data to the ECU regarding the wear rate, tire pressure, specific road conditions, suspension feedback, and other related information. This information is used to fine-tune the responses of the vehicle ECU, seating and suspension, ADAS, safety features, and others, thus continuously providing an enhanced ride experience.
Technavios analysts forecast the global automotive intelligent tires market to grow at a CAGR of 291.23% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive intelligent tires market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of automotive intelligent tires.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Intelligent Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bridgestone
Continental
Goodyear
Michelin
Pirelli
Yokohama Rubber
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1067070
Other prominent vendors
Sumitomo Rubber Industries
Hankook
Market driver
The current state of autonomy in the automotive space
For a full, detailed list, view our report
Market challenge
Increased need for rationalizing the pricing of sensors
For a full, detailed list, view our report
Market trend
Piezoelectric energy harvesting in intelligent tires
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Browse More Details @ https://www.researchmoz.us/global-automotive-intelligent-tires-market-2017-2021-report.html
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