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Harshal Bamble 28 april
Automotive Tire Analytics Industry Insights Shared In Detailed Research Report By 2031 Automotive Tire Analytics Market: Introduction — Demand for better 몭eet management solutions is increasing owing to the growing concerns about safety and the need to cut costs. Traditional tire-pressure monitoring systems (TPMS), which alert drivers about the tires with low pressure and also automatically in몭ate tires, have transformed over the last few years. — Tire analytics solutions offered by market players are sophisticated tire management systems capable of doing all the aforementioned tasks and much more, with the help of telematics, data analytics, and machine learning technologies Get sample copy at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=S&rep_id=68807
Key Drivers of Automotive Tire Analytics Market — Steady increase in the number of vehicles on-road has led to congestions and frequent accidents. According to the statistics gathered by the European Union, more than 23,400 people lost their lives in road accidents on roads across Europe, out of which 45% were vehicle occupants. Wear of tires is a major reason for these accidents, as tires couldn’t achieve optimum grip on the road to stop the vehicle. These factors have led to increased focus on advanced tire monitoring and management solutions, which assist in maintaining the tires in optimum condition and alert the vehicle owner when tires need to be replaced. Thus, growing concerns about vehicle safety is a major factor propelling the global automotive tire analytics market. — Governments of various nations have implemented stringent rules for transport emissions due to which commercial 몭eet owners as well as passenger vehicle owners are preferring solutions that reduce fuel consumption of the vehicle and subsequently, its emissions. Tires play a vital role in controlling fuel consumption of the vehicle. The optimum size of tire assists vehicle owners to reduce fuel consumption by 20%, which results in reduction in emissions and operational costs. Hence, demand for tire analytics platforms is increasing to select the best suitable tires, which in turn is boosting the global automotive tire analytics market.
Challenges in Automotive Tire Analytics Market