Intelligent Tire Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
Intelligent Tire Market study provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players.
Intelligent tire is a technology that is integrated in connected cars. Intelligent tire stores information related to wear, temperature, and pressure of tire and the importation is continuously updated and shared with feet operators. This ofers a real-time status for the need for tire servicing, which further aids to extend tire’s life, reduces fuel consumption, and enhances several other performance attributes of cars. Moreover, increasing adoption of battery-less sensor chips is expected to boost growth of the intelligent tire market. Use of battery-less sensor chips in intelligent tires helps to reduce power consumption, which further increases services life of intelligent tires. For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/intelligent-tire-market-2302 Global Intelligent Tire Market: Regional Insights The intelligent tire market in Asia Pacifc is expected witness highest CAGR over the forecast period. This is owing increasing smart city projects and connected infrastructure initiatives by governments in the region. India and China are major market drivers in the region. For instance, in 2015, ‘100 Smart City’ mission was launched by the Government of India. This connected cars are integrated with various advanced vehicle systems such as ADAS, AEBS, comprehensive