Global Tire Pressure Monitoring System Market
Major driving factors of the Tire Pressure Monitoring System Market are increasing production in automotive Industry. Government strict policy and regulation are creating new opportunity in automotive sectors via allowing new technology advances to make better safety system for drivers. Rise in adoption of Pressure sensor detects, measures, and transmits the information which helps in analyzing the performance of a vehicle via device also booming the market around the globel.
The Automotive industry relies on achieving high fuel economies to reduce costs and demonstrate the economic impact of proper sensor growth. Changing Technology and High cost will act as a restraint to the market.
Based on the Technology, Direct TPMS is expected to hold the largest share in the market during the forecast period. Direct TPMS have reducing tremendously the handling of multiple components via different size of the printed circuit board and removed the cost adding to external components. Small size gives suppliers the opportunity to use one solution in a wide variety of models.
Direct TPMS in heavy-duty tractor/trailer trucks can have 18 or more tires, maintaining properly inflated tires saving thousands of dollars in fuel and tire servicing costs per vehicle over the course of its several hundred-thousand-mile lifetimes. Direct TPMS units do not require specialized tools to program or reset, making them much simpler to use. In Sales Channel, OEM is also expected to lead the market growth.
In terms of region, Asia Pacific is expected to hold the largest share in the market during the forecast period. Asia pacific have identified its main drivers, including rising research and development (R&D) investment, trade openness, and FDI.
Improved education, changing economically in forward growth for infrastructure, and changes in regulatory environments may permit more market opportunity in this region. the forefront of the global economy, accounting for more than 60 percent of Asia growth and projected to grow at 8.6 percent in forecast period. Europe region is also expected to grow at a significant rate during the forecast period.
The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, brand portfolio expansion, mergers, collaborations, joint ventures, acquisitions, PESTLE analysis, Value Chain Analysis, and SWOT analysis.
For more information visit : https://www.maximizemarketresearch.com/market-report/global-tire-pressure-monitoring-system-market/24413/
Scope of the Report for Tire Pressure Monitoring System Market
Global Tire Pressure Monitoring System Market, By Vehicle
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)
• Passenger Vehicle
Global Tire Pressure Monitoring System Market, By Technology
• Direct TPMS
• Indirect TPMS
Global Tire Pressure Monitoring System Market, By Sales Channel
Global Tire Pressure Monitoring System Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Tire Pressure Monitoring System Market
• Alligator Gmbh
• Pacific Industrial
• Schrader Electronics
• Delphi Automotive LLP
• Huf Hulsbeck & Furst GmbH & Co. KG
• ZF Friedrichshafen
• Sensata Technologies Inc.
• Bartec USA LLC
• Delphi Automotive LLP.
• General Electric
• TRW Automotive
• NIRA Dynamics AB
This information is reported by https://www.maximizemarketresearch.com
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
MAXIMIZE MARKET RESEARCH PVT. LTD.
Manik Baug, Vadgaon Bk,
Pune, Maharashtra 411051, India.
+91 20 6630 3320
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Tire Pressure Monitoring System Market here
News-ID: 1666235 • Views: 331
More Releases from Maximize Market Research Company
Global Government Cloud Market
Global Government Cloud Market is expected to reach USD XX Billion by 2026 from USD 18.23 Billion in 2018 at a CAGR of XX %. Global Government Cloud Market This is a comprehensive global report focused on the current and future prospects of the Global Government Cloud Market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering
Global Electrical Steering Column Lock Market
Global Electrical Steering Column Lock Market is expected to reach US$ 31.7 Billion by 2026 from US$ 11.47 Billion in 2017 at a CAGR of 11.96%. Electrical steering column lock market is majorly segmented by the vehicle, distribution channel, and region wise. Based on vehicle segment PCV is expected to dominate the global Electrical steering column lock market in 2017 owing to the substantial production of these vehicles across the globe.
Semi-Trailer Market is expected to reach 39.52 Billion by 2026 from 24.5 Billion in 2016 at CAGR of 4.9 %. Strict environmental regulations and rising fuel prices have increased the demand for advanced trailer technologies. Advancement in technologies is resulted in reduce operating costs, improve fuel efficiency, expand asset connectivity and enhance fleet safety and mobile resource productivity of semi-trailer. Semi-Trailer Market is segmented by semi-trailer type, tonnage type, number of axles,
Global Hollow Fiber Filtration Market
Global Hollow Fiber Filtration Market was valued US$ 242.0 Mn in 2017 and is estimated to reach US$ 710.4 Mn by 2026, at a CAGR of 14.41% during a forecast period. For More Information Visit https://www.maximizemarketresearch.com/market-report/global-hollow-fiber-filtration-market/16948/ Hollow Fiber Filtration Market is segmented into Technique, Material, Application, by End-user and Region. In terms of Technique is classified into Microfiltration and Ultrafiltration. In terms of Material, the Hollow Fiber Filtration Market is categorized into
More Releases for Pressure
Wireless pressure sensor
AMSYS presents the barometric wireless pressure sensors of the AMS 4506 series in a small, compact and robust plastic housing (35 x 25 x 13.5 mm³). The wireless pressure sensor AMS 4506 from AMSYS is suitable for barometric pressure measurement and vacuum monitoring. The particular advantage of this wireless sensor is that it can be used in places that are difficult to access, such as wind turbines, in applications that
Cucumber industry under pressure
"The cucumber market will get tight." This is pointed out by the German Association of the Fruit, Vegetable and Potato Processing Industry (BOGK) in Bonn. "We are in an exceptional situation," says Christoph Freitag, Executive Secretary of BOGK. "We are expecting supply shortages of pickled cucumbers delivered by our contract farmers. At the same time, the demand from customers in food retailing is increasing." The manufacturers of sour cucumbers, gherkins
Pressure Sensitive Adhesives Market
Pressure sensitive adhesives (PSAs) provide adhesion to dissimilar materials on application of pressure. They do not require heat, water or solvent to initiate bonding and fall into the category of dry adhesives. They can be used to affix materials such as plastics, wood, paper, metals and glass. The advantages of using pressure sensitive adhesives are tackiness at room temperature, simple installation equipment, short curing times, peel resistance and shear resistance.
Wireless Pressure Sensors Market
MRC announces the addition of new study based research report on Wireless Pressure Sensors market to their suite of offerings. Where the Wireless Pressure Sensors market is heading? If you are involved in Wireless Pressure Sensors sector, the report brings to your attention a basic overview of the Wireless Pressure Sensors market with market definition, classification, applications, segmentation, plans, manufacturing processes, product specifications, cost structures, regional analysis, and value chain
Staying strong under pressure
Pipe clamps ensure secure fastening of high-pressure pipes with outside diameters larger than 1,000 mm The rising demands on all components and systems used within industrial water cycles are the result of the trend towards increasingly high operating pressure levels of up to 500 bar and reduced water quantities used during descaling processes of steel components, e.g. in continuous milling and casting procedures, oil removal from hot-rolled sheeting and removing pickling
New Product: Winters LLP Pressure Transmitter for Low Pressure
July 25, 2011 Toronto, Ontario - Winters Instruments is pleased to announce the LLP Series Pressure Transmitter, designed specifically for use on applications that produce low pressures up to 25 psi. Featuring a 304 SS housing and 316L SS flexible diaphragm for pressure sensing, the LLP Transmitter is ideal for general industry use, as well as, OEM customers who require a high quality, high accuracy pressure transmitter. Measuring 4” in height, this