In the vast and ever-evolving automotive industry, few components are as critical to both safety and performance as the humble tire. Beyond being a simple rubber ring, tires are intricate pieces of technology designed to provide optimal grip, handling, and durability. The worldwide Automotive Tire Market is expected to reach US$ 593.5 billion by the end of 2032, from its 2022 worth of...

Automotive Smart Tire Market Projected to Expand at XX% CAGR Through 2027 The Global Automotive Smart Tire Market size is expected to grow at a considerable CAGR during the forecast period, i.e., 2022-27. With constant advancements in technologies and a growing inclination toward automation, the automotive sector is nowhere behind and is undergoing significant developments in...

Market overview The automotive tire market is expected to register a CAGR of 12% from the 8 years from 2023 to 2030. The fast growth rate is attributed to the fact that the middle classes are exploding around the world. This is especially true in the Asia-Pacific region. These people want to drive safer and more efficient cars that are also environmentally friendly. Opportunities...