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$ 13.39 Billion growth expected in Global Automotive Intelligent Tires Market during 2021-2025


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NEW YORK, May 28, 2021 /PRNewswire/ The global automotive intelligent tires market is set to grow by USD 13.39 billion during 2021-2025, progressing at a CAGR of almost 42%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio has announced its latest market research report titled Automotive Intelligent Tires Market by Application and Geography - Forecast and Analysis 2021-2025
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Bridgestone Corp., Continental AG, Hankook Tire & Technology Co. Ltd., Michelin Group, Nokian Tyres Plc, Pirelli Tyre Spa, Sumitomo Rubber Industries Ltd., The Goodyear Tire & Rubber Co., Toyo Tire Corp., and Yokohama Rubber Co. Ltd. are some of the major market participants. The increasing need for safe tires will offer immense growth opportuni ....

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Automotive Automatic Tire Inflation System (ATIS) Market 2021-2025 | Integration of Telematics with ATIS to emerge as Major Trend | Technavio


NEW YORK, May 21, 2021 /PRNewswire/
Set to grow by USD 482.79 million during 2021-2025, Technavio s latest market research report estimates the automotive automatic tire inflation system (ATIS) market to register a CAGR of almost 10%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ColVen SA, Dana Inc., Hendrickson Holdings LLC, Meritor Inc., Michelin Group, Parker Hannifin Corp., Pressure Systems International Inc., SAF-HOLLAND SE, STEMCO Products Inc., and ti.systems GmbH are some of the major market participants. The government regulations on TPMS will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the ....

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