DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Intelligent Tires Market 2017-2021" report to their offering.
The global automotive intelligent tires market to grow at a CAGR of 291.23% during the period 2017-2021.
The report, Global Automotive Intelligent Tires Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, the traditional automotive value chain dictates a streamlined flow where electronic component manufacturers supply components to OEMs that further integrate these components or systems into a vehicle. In the case of TPMS, the traditional value chain involves electronics suppliers, which offer sensors used in TPMS. However, a few structural changes have been observed in the value chain in the past couple of years, wherein tire manufacturers are developing TPMS in-house and integrating the system with their tires.
Hence, in the larger scheme of the supply chain, they have backward integrated to provide TPMS as well as tires. For instance, Bridgestone has been offering the automated TPMS system along with its tires since 2014. This trend has led to the development of intelligent tires or TMS since many of the prominent players in the market are originally tire manufacturers.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by geography
PART 07: Market segmentation by vehicle type
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendor analysis
For more information about this report visit https://www.researchandmarkets.com/research/zszmhr/global_automotive