This is not a sale, it's better... MarketersMEDIA Year End Sale 2019 is now Live! Shop Now
MarketersMEDIA / Newsroom / Global Connected Tire Market is expected to reach $33.65 million by 2027 growing at a CAGR of 73.0% during 2018 to 2027.

Global Connected Tire Market is expected to reach $33.65 million by 2027 growing at a CAGR of 73.0% during 2018 to 2027.

Share This Press Release

Some of the key players in the global Connected Tire market are Continental AG, Bridgestone Corporation, MICHELIN, Pirelli & C. S.p.A., and The Goodyear Tire & Rubber Company.

— Some of the key factors influencing the market growth include increased competition among tire manufacturers to offer unique solutions and rising trends of vehicle electrification and connected vehicles. However, Cost Barriers are restraining market growth.

Request for sample here: https://www.strategymrc.com/report/connected-tire-market/request-sample

Connecting wires allows an electrical current to travel from one point on a circuit to another because electricity needs a medium through which it can move. Most of the connecting wires are made up of copper or aluminum. Copper is cheap and good conductivity.

In terms of vehicle, the passenger vehicle segment is anticipated to significant growth during the forecast period due to the high penetration of connected tires in exotic, luxury, and premium cars. The advent of shared mobility and ride-hailing services is expected to boost the adoption of connected tires in cars, and subsequently, boost the passenger vehicles segment.

Access the complete report at: https://www.strategymrc.com/report/connected-tire-market

By geography, North America is estimated to have a lucrative growth over the forecast period. The high spending power of customers and higher sales of premium and luxury vehicles in the U.S. are expected to drive the connected tire market in North America.

Make an inquiry at: https://www.strategymrc.com/report/connected-tire-market

Vehicles Covered:
• Commercial Vehicles
• Passenger Vehicles

Rim Sizes Covered:
• >22’’
• 18’’-21’’
• 12’’-17’’

Applications Covered:
• Aftermarket
• OEMs(Original Equipment Manufacturers)

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Follow us on Twitter: https://twitter.com/StratisticsMRC

Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile

About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-connected-tire-market-is-expected-to-reach-3365-million-by-2027-growing-at-a-cagr-of-730-during-2018-to-2027/88937052

Source: MarketersMedia

Release ID: 88937052

Latest Releases

Subscribe and Receive exclusive insider tips and tricks on Press Release.

Follow Us

Copyright © 2012 - 2019 MarketersMEDIA – Press Release Distribution Services – News Release Distribution Services. All Rights Reserved.

Powered by Semantics BigData Analytics (SBDA).