Mahesh Chavan12 Aug, 2023Business
The connected tires market refers to the incorporation of advanced technologies and connectivity features into automotive tires. These smart tires utilize sensors, microchips, and wireless communication capabilities to gather and transmit real-time data on tire pressure, temperature, tread wear, and overall tire health. The global connected tires market was valued at USD 19.34 billion in 2022 and is projected to reach USD 486.03 billion by 2028, with a CAGR of 58.5%.
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