02-11-2019 08:30 PM CET - Logistics & Transport

GLOBAL AUTOMOTIVE TPMS MARKET IS ESTIMATED TO GROW OVER THE FORECAST PERIOD, The key players are Sensata Technologies, Continental, Pacific Industrial, ALLIGATOR Ventilfabrik, Huf Hulsbeck & Furst, Schrader Electronics, ZF Friedrichshafen, Denso, Advantag

Press release from: Kenneth Research

Automotive TPMS provides real-time information of the tire pressure to the consumers by monitoring the tire pressure. TPMS also provides information about the underinflated tyres to the drive. Through this it adds to the safety of the consumer as it provides for real-time information and more number of automotive manufacturing are shifting their focus to direct TPMS.

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Market Dynamics

Tire blowouts while driving are cause for some accidents and human fatality. This happens due to underinflated or overinflated tyres. The demand for safety in automobiles has forced government to implement regulations such as TPMS across nations. The advanced safety system is demanded by the consumers in the light of high number of accidents due to tyre failure. The proper tyre inflations also aids in the fuel efficiency. At the same time there are some functional errors with TPMS, which tends to deter faith in the system. Also the awareness among the consumer of such systems are low which also inhibits the growth. However, the growing safety concern among the consumer will lead to tremendous growth in this market.

Market Segmentation

The global automotive TPMS market is segmented in to type, end user usage, vehicle type and geography. It is segmented by technology into Direct TPMS and Indirect TPMS. The direct TPMS uses pressure monitor sensors and is able to provide real time information on the tire pressure. This improves the safety of the users and it also provides for ease of use. Indirect TPMS does not use pressure sensors instead it measures the air pressure by monitoring the rotational speed of the wheel along with other signals. It is segmented by vehicle type in to Small Car, Mid-size Car, Large Car, Sports or SUV and Light Commercial Vehicles. It is segmented by end user usage in to OEM and Aftermarket.

Regional/Geographic Analysis

There is a stable demand for TPMS in developed nations. And developing and emerging markets such as India and China will expect to see increase in the demand for TPMS system due to rising concern and rising demand. Also the government's intervention and regulation influence the market in a positive manner.

Key Players

The key players in the global automotive TPMS market are Sensata Technologies, Continental, Pacific Industrial, ALLIGATOR Ventilfabrik, Huf Hulsbeck & Furst, Schrader Electronics, ZF Friedrichshafen, Denso, Advantage Pressure Pro Enterprises, Alps Electric Co. Ltd, Bartec, Bendix Commercial Vehicle Systems, Delphi Automotive, Dill Air Control Products, Freescale Semiconductor, Doran Manufacturing LLC, Takata, Hella, Omron, Valeo and Valor TPMS.

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

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North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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