Comprehensive Research Report on Global Connected Tires Market Analysis, Growth Forecast 2023-2028
According to MarkNtel Advisors study the Global Connected Tires Market research report is an extensive document that includes a plethora of information, including several opportunities and dynamics that are pertinent to the 2023–2028 projection period.
The Global Connected Tires Market is projected to grow at a CAGR of around 64.3% during the forecast period, i.e., 2023-28.
“In case you missed it, we are currently revising our reports. Click on the below to get the most latest research data with forecast for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”
Request Free Sample Report: https://www.marknteladvisors.com/query/request-sample/connected-tires-market.html
Connected Tires Market Key Driver:
Ever-Increasing Emphasis on Vehicle Safety & Performance –
Connected tires offer various benefits that improve safety, enhance vehicle performance, and provide real-time monitoring of tire pressure, temperature, & tread wear, which allows drivers to receive alerts & warnings regarding potential tire-related issues. It, in turn, reduces the risk of accidents caused by underinflated or worn-out tires. They further help maintain optimal tire pressure, maximize fuel efficiency, & enhance overall vehicle performance. Hence, with the rising cases of road accidents worldwide, there’s a growing emphasis on vehicle & passenger safety, which is driving the Global Connected Tires Market.
Competitive Landscape & Segmentation Analysis:
In order to provide a clear picture of competitive environment of the studied industry, we conducted a detailed analysis of both the major global players and the important regional small- and medium-sized businesses with significant growth potential. This global Connected Tires market research provides information on the competitors, including their sales volume and revenue with corresponding market shares, price, and gross margin. It also examines the current competitive situation of the market. Furthermore discussed are the market concentration ratio, mergers, acquisitions, and expansion strategies.
- Bridgestone Tires
- Michelin Tires
- Goodyear Tire and Rubber Company
- Continental AG
- Pirelli, Sumitomo Tires
- Hankook Tires
- Nokian Tyres
- Yokohama Tires
- Toyo Tires
- Zhongce Rubber
- Kumho Tire
- Trelleborg AB
- MRF Tyres
- JK Tyres
- Others
By identifying the high growth sectors, the study also gives stakeholders valuable insights into the trends and factors that are either driving or impeding the market growth possibilities. From a strategic perspective, it looks at each submarket’s unique growth trajectory and market share.
By Type of Vehicle
-Passenger Vehicles – Market Size & Forecast 2018-2028, (Thousand Units)
-Commercial Vehicles – Market Size & Forecast 2018-2028, (Thousand Units)
By Rim Size
-12”-17”- Market Size & Forecast 2018-2028, (Thousand Units)
-17.1”-22”- Market Size & Forecast 2018-2028, (Thousand Units)
-More than 22”- Market Size & Forecast 2018-2028, (Thousand Units)
By Demand Type
-OEMs – Market Size & Forecast 2018-2028, (Thousand Units)
-Aftermarket – Market Size & Forecast 2018-2028, (Thousand Units)
Geographically, the Global Connected Tires extends across the following regions:
By Region
-North America
-South America
-Europe
-Asia-Pacific
-The Middle East and Africa
Read Full Report: https://www.marknteladvisors.com/research-library/connected-tires-market.html
Key Benefits for Stakeholders:
- To determine the prevailing market opportunities, this research offers a quantitative study of the market segments, current trends, projections, and shifts in the global Connected Tires market analysis from 2023 to 2028.
- Information on the main factors driving the market as well as the obstacles and possibilities are provided.
- The power of suppliers and buyers to empower stakeholders to make profit-driven business decisions and fortify their supplier-buyer network is underscored by Porter’s five forces analysis.
- A comprehensive examination of the Connected Tires market segmentation aids in identifying the dominant market opportunities.
- The major countries in each area are shown in relation to the revenue they generate for the global market.
- Market player positioning makes benchmarking easier and gives a clear picture of the current market position of each participant discussed in the report.
- The research analyzes market trends for Connected Tires industry on a regional and global scale, as well as the major competitors, market segments, and industry expansion tactics.
Customization Available – https://www.marknteladvisors.com/query/request-customization/connected-tires-market.html
About us –
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Call: 📞 +1 628 895 8081 +91 120 4278433
Email: 📧 sales@marknteladvisors.com
Visit to know more: 🌐 https://www.marknteladvisors.com/
