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India Smart Tyre Market

India Smart Tyre Market, By Technology (Pneumatics Tyres, and Non-Pneumatic Tyres), By Vehicle Type (Passenger Vehicle, and Commercial Vehicle), By Distribution Channel (OEM, and Aftermarket), and By Region (North India, South India, West India, and East India)-India Forecast to 2030.

Frequently Asked Questions (FAQ):

Smart Tyre is a cutting-edge tyre technology that improves tyre performance by detecting road conditions. Smart tyres can detect road conditions such as snow, rain, and sand and automatically modify tyre pressure and width to improve performance.

The Smart Tyre market is expected to grow significantly due to competition among tire manufacturers and fuel efficiency and safety concerns.

In September 2021, Michelin has announced the release of the Uptis airless tyre. The Up has a traditional tread pattern with alternative tread patterns and a fiberglass frame, and a tyre form manufactured by an array of rubber spokes.

The North India region is expected to dominate the Smart Tyre market due to rapid urbanization and industrialization.

Companies include Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Co., Pirelli & C. S.p.A, The Yokohama Rubber Company Limited, Hankook Tire & Technology Co., Ltd., Sumitomo Rubber Industries, Ltd., JK Tyres & Industries Ltd., NXP Semiconductors, and Other prominent players are the key players in the Smart Tyre market.       

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