The market size, by worth, has been derived by multiplying the rim size-wise OE pricing with the tire volume calculated in million items. The complete market volume of each area is then added to reach at the total volume of the worldwide automotive tire market for each car sort. The information has been validated through major interviews with industry consultants. The penetration of tire type has been derived from secondary research as properly as major interviews. The bottom-up strategy has been used to estimate and validate the market dimension of the automotive tires OE market as properly as aftermarket.
Predictive analytics offered by automotive tires can save unplanned repair costs, improve security, and leverage by extending tire service life. IoT sensors in automotive tires provide real-time feedback on varied tire parameters. This is prompting prospects to opt for IoT built-in tires to spice up private and automobile safety. As per …