Connected Tire Market: A Competitive Landscape And Professional Industry Survey 2020–2030
Connected Tire Market to Reach a Valuation of ~US$ 200 Mn by 2030: Transparency Market Research Transparency Market Research has published a new report on the global connected tire market for the forecast period of 2020–2030. According to the report, the global connected tire market is projected to reach ~US$ 200 Mn by 2030, expanding at a CAGR of ~75% during the forecast period of 2020 to 2030.Global Connected Tire Market: Overview According to the report, the global connected tire market is expected to expand significantly during the forecast period, driven by increased competition among tire manufacturers to offer unique solutions. The use of connected tires in vehicles is estimated to help tire manufacturers pitch to consumers the aftermarket replacement concept. Rising competition in the aftermarket and demand for consumer service are prompting tire manufacturers to develop intelligent and digital-friendly tires, such as connected tires. The rising trends of vehi...