What is Automotive Tire Analytics Market Scope?
Automotive tire analytics is a resolution for the maintenance of the tire that helps tire relating to replacement and different aspects. Tire analytics generates knowledge that helps the motive force to investigate the difficulty related to the tire before it probably occurs. Governing bodies and authorities operating for the event of vehicles and improvement of driving conditions for drivers and passengers are enacting demanding norms on vehicle makers to enhance safety options in their vehicles. Tire analytics may be a safety resolution that helps in tire maintenance and replacement. Tyre Analytics allows supply companies to make wise buying choices, taking into consideration tire value, tire wear/damage, and fuel performance, to reduce the entire price of possession. Tyre Analytics utilizes fleet telematics knowledge to simulate correct and real-world fuel consumption predictions for various tire decisions. Victimization correct energy modeling, Tyre Analytics provides a transparent, comparative analysis of each fleet operation.
Influencing Trend:
Rising Trend In The Adoption Of The Vehicle Associations
Market Growth Drivers:
Increase In The Concerns Regarding Safety Standards, Rise In Concern About Vehicle Safety and Rising Vehicles Miles Driven
Challenges:
Lack of Professionals
Restraints:
High Cost of Automotive Tire Analytics
Opportunities:
Government Bodies And Authorities Working For The Improvement Of The Driving Condition
The Automotive Tire Analytics market study is being classified by Type (Software and System), by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Vendors from European and United States will contribute to the maximum growth of Global Automotive Tire Analytics market throughout the predicted period.
Dana Inc. (United States), Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG (Germany), Sensata Technologies, Inc. (United States), Yokohama Tires (Japan), JK Tyres (India), Apollo Tyres (India) and CEAT Ltd (India) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Automotive Tire Analytics market by Type, Application and Region.
On the basis of geography, the market of Automotive Tire Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In February 2022, Bosch will acquire Atlatec GmbH, a provider of high-resolution 3D maps for SAE Level 3 to 4 autonomous driving capabilities. The planned acquisition of Atlatec further expands and diversifies our expertise in high-resolution digital maps. This makes Bosch the only company that can provide customers with all the building blocks needed for automated driving from actuators and sensors to software and guidance from a single source.
In November 2017, ZF Friedrichshafen AG expanded its development facilities for autonomous driving. 20 software developers are expected to develop advanced technology such as driving assistance, integrated vehicle safety, and autonomous driving.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Automotive Tire Analytics, Venture Capitalists and Private Equity Firms and End-Use Industry
Automotive Tire Analytics Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Automotive Tire Analytics Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Automotive Tire Analytics industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.