Automotive Smart Tire Market totaling over US$ 117.75 billion by 2027
The global automotive smart tire market was valued at USD 77.29 billion in 2020 to USD 117.75 billion by 2027 , at a CAGR of 6.20% from 2021 to 2027. The growth of connected vehicles and autonomous vehicles has accelerated the evolution of smart technology housed in all automotive parts. Another inevitable evolution is automotive smart tires. Sensors embedded in them provide users with more accurate data than today’s tire pressure and monitoring system (TPMS) offers. These sensors can signal when to change a tire and transfer details about uneven and odd tire conditions. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/automotive-smart-tire-market With the rising concerns toward environmental conservation, various eco-friendly cars like hydrogen cars and electric cars are being developed. Accordingly, tires that help in saving fuel and help protect the environment are also in development. Moreover, in 2000, ti...