The mining sector is intensifying its focus on operational safety, asset longevity, and cost optimization. In this context, mine tyre monitoring systems (MTMS) are emerging as essential tools, transforming tyre health from a reactive maintenance concern into a predictive intelligence capability. But what factors are driving adoption, and how is the market evolving?
According to the latest report published by Research Intelo, the global mine tyre monitoring system market was valued at US$1.2 billion in 2024 and is projected to reach $2.8 billion by 2033, growing at a compound annual growth rate (CAGR) of 9.7 per cent. That reflects the rising demand for intelligent tyre health management across mining fleets worldwide.
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