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The Smart Tire market is a subset of the Automotive Tire industry that focuses on the development of tires with embedded sensors and other technologies. These tires are designed to provide drivers with real-time information about their vehicle's performance, such as tire pressure, temperature, and tread depth. Smart tires can also be used to monitor road conditions and alert drivers to potential hazards. Additionally, they can be used to improve fuel efficiency and reduce emissions.
Smart Tire technology is becoming increasingly popular among automakers, as it can help them meet stringent safety and environmental regulations. It can also help them reduce costs associated with tire maintenance and replacement.
Some of the leading companies in the Smart Tire market include Bridgestone, Continental, Goodyear, Michelin, Pirelli, and Yokohama. These companies are investing heavily in the development of new technologies and products to meet the growing demand for Smart Tires. Show Less Read more