Continental Unveils New Tire Installed with Digital Tire Check
Germany: German
tire maker Continental A.G. has released a new range of tires namely the “iTyre”
smart range. These tires have been deployed with a digital tire check system
which is user-friendly.
Moreover, these new range of tires are equipped with Conti
pressure check sensors. These sensors will be used for calculating temperature
and pressure which would further help in saving the operators installation time.
The Conti pressure sensor evaluates the data in the tires on a regular basis
and displays it on the driver’s screen. The tire pressure and temperature can
be viewed on integrated display and can be transferred to external devices as
well.
The iTyre range will be available in Hybrid and Eco Plus
versions with 22 varied sizes.
According to a recent report published by TechSci Research , ”Germany
Tyre Market Forecast & Opportunities, 2020”, the tire market in Germany is forecast to grow at a CAGR of
around 7% during 2015-20. Changing purchasing patterns, expanding consumer
base, increasing urbanization, high R&D investments and introduction of
electric and hybrid vehicles are the major factors propelling growth in the
country’s automobile as well as tire market. The passenger car tire market is
the most dominant tire segment, followed by commercial vehicle tire, two
wheeler tire and OTR tire segments in the country.
TechSci Research believes that, by
introducing the new tires range “iTyre” Continental is likely to offer improved
serves to the domestic market. Also, the company would able to tap the
potential of German tire market, further, despite being a dominant player in
the country. In addition to that, with this new innovative technology the
company is expected to increase its customer base in the approaching years in
Germany.