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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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