openPR Logo
Press release

Tire Pressure Monitoring System Market 2019 Global Key Country Analysis: Sensata Technologies, Continental, Pacific Industrial, and Huf Hülsbeck & Fürst & Co. KG, ZF Friedrichshafen

04-12-2019 12:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Tire Pressure Monitoring System (TPMS) Market

Tire Pressure Monitoring System (TPMS) Market

Tire Pressure Monitoring System (TPMS) Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2023. Tire Pressure Monitoring System (TPMS) Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2023.

Tire Pressure Monitoring System (TPMS) is growing due to the automotive industry going for better safety measures in vehicles. Market Research Future (MRFR) has published a research report about the global tire pressure monitoring system market that projects increase for this market at 7% CAGR (Compound Annual Growth Rate) between 2017 and 2023.

The vital factor pushing the tire pressure monitoring system market growth is the introduction of some strict government regulations. Such regulations mandate the need for curbing vehicular emissions and improving the fuel efficiency of the vehicle. Other factors aiding the progress of the market include increasing adverse effects of greenhouse gases and deteriorating air quality. The growth of the automotive industry is also playing an important role in the growth of the TPMS market. Factors aiding the automotive industry include an increase in demand for high-end luxury cars, and rising economic as well as environmental policies.

Get Free Sample of Tire-Pressure Monitoring System Market at: https://www.marketresearchfuture.com/sample_request/4636

Finally, the market for TPMS is growing due to the growth of the automotive aftermarket that is a result of customers for the adoption of advanced safety systems such as anti-brake systems, electronic stability control, and tire pressure indicators.

The global tire pressure monitoring system market has been segmented on the basis of technology, sales channel, vehicle type, and lastly, region. The technology-based segmentation segments this market into direct TPMS and indirect TPMS. Direct TPMS is defined as the use of a pressure sensor directly mounted on the tires of a vehicle. Indirect TPMS do not have air pressure sensors inside the tires, and they detect a low tire by comparing relative wheel speeds via the anti-lock brake system (ABS) wheel speed sensors.

Regarding sales channels, the market has been segmented into the original equipment manufacturer (OEM) and aftermarket. the market for accessories, components, and spare parts for motor vehicles is defined as aftermarket. By vehicle type, the market can be segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Light commercial vehicles are used for transferring lightweight raw materials for the production of goods or finished goods to the retailers. Heavy commercial vehicles are used for transferring heavy items. The passenger vehicle is useful for traveling and commuting.

The regional segmentation of the global tire pressure monitoring system market can segment the market into the regional markets known as North America, Asia Pacific, Europe, and the rest of the world (RoW). During the forecast period, the Asia Pacific regional market is expected to dominate the global market due to the boom in the automotive sector and the increased adoption rate of TPMS. Due to these two reasons, the production of TPMS-equipped automobiles is increasing in countries like China, Japan, India, and South Korea. Other important factors favoring the market growth in this region include the availability of raw components in this region, improved automotive infrastructure, and the focus of key industry players in the automotive sector on encouraging safety and security of the vehicle users.

Europe market is also significantly contributing to the growth of the global market. Presence of many key market players and technological advancement are contributing to the market growth in Europe. However, the most important factor responsible for market growth is the objective to ensure passenger safety. The serious country-specific markets in this region are France, Germany, Italy, and the UK, followed by the remaining countries of Europe.

The third significant regional market is in North America due to technological advancement, established automotive sector, many key market players operating in USA and Canada.

Key Players

The key players in the global tire pressure monitoring system market include AVE technologies (Australia), Bartec USA LLC (USA), Continental AG (Germany), Delphi Automotive LLP. (UK), Dunlop Tech GmbH (Germany), Huf Hülsbeck & Fürst GmbH & Co. KG (Germany), Pacific Industrial Co. Ltd (Japan), Schrader Electronics (UK), Sensata Technologies Inc. (USA), and ZF Friedrichshafen AG (Germany).

Latest Industry News

Featuring TPMS, the Koenigsegg Jesko the hypercar that can produce 1298 PS of power on regular fuel, has been unveiled in Geneva. 5 MAR 2019

Freightliner Custom Chassis Corporation has added new powertrain options for its Chassis lineup. Now the cars in Chassis lineup feature not only TPMS but also new propane, compressed natural gas and traditional diesel engines. 6 MAR 2019

collaborations, etc.

Get Complete Report Details of Tire-Pressure Monitoring System Market at: https://www.marketresearchfuture.com/reports/tire-pressure-monitoring-system-market-4636

About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

Address:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Tire Pressure Monitoring System Market 2019 Global Key Country Analysis: Sensata Technologies, Continental, Pacific Industrial, and Huf Hülsbeck & Fürst & Co. KG, ZF Friedrichshafen here

News-ID: 1701225 • Views:

More Releases from Market Research Future

9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through 2035
9-Decanoic Acid Methyl Ester Market Poised for Strong 6.59% CAGR Growth Through …
The 9-decanoic acid methyl ester market is a growing sector driven by the increasing demand for bio-based and sustainable chemical products across various industries. With its unique properties, it finds application in flavors and fragrances, pharmaceuticals, personal care, and as a chemical intermediate. The market is projected to expand significantly in the coming years. Market Overview and Size The global 9-decanoic acid methyl ester market was valued at USD 230.0 million in
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
Washable Marker Market Poised for 3.54% CAGR Growth During 2024-2032
The washable marker market is a dynamic and growing segment within the broader stationery and art supplies industry. Driven by a blend of consumer demands for safety, convenience, and sustainability, the market is experiencing consistent expansion, particularly within the education and home-use sectors. While faced with some challenges, the industry's future looks promising, propelled by product innovation and evolving consumer trends. Get Sample @ https://www.marketresearchfuture.com/sample_request/41217 Market Size and Growth The global washable
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
Phone Car Mounts Market to Reach USD 7.37 Billion by 2034, Growing at 6.47% CAGR
The phone car mounts market, a critical sub-segment of the broader automotive accessories industry, is experiencing robust growth driven by a convergence of technological advancements, evolving consumer behavior, and increasingly stringent road safety regulations. As smartphones become indispensable for navigation, communication, and in-car entertainment, the demand for secure and convenient hands-free solutions continues to escalate. The global phone car mounts market was valued at USD 3.93 billion in 2024 and
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR by 2032
Intravenous (IV) Solution Market Set to Grow to USD 26.60 Billion at 7.70% CAGR …
Market Overview: The Intravenous (IV) Solution Market is estimated to be valued at USD 13.9 billion in 2023 and is projected to reach USD 26.60 billion by 2032, expanding at a compound annual growth rate (CAGR) of 7.70% from 2024 to 2031. The market growth is attributed to the rising prevalence of chronic diseases, growing hospitalization rates, and increasing surgical procedures that require IV fluid administration. Intravenous solutions are critical

All 5 Releases


More Releases for TPMS

Tire Pressure Monitoring System (TPMS) (Automobile TPMS) Market to Witness Huge …
Tire Pressure Monitoring System (TPMS) (Automobile TPMS) Market uses sensors attached to the wheel speed sensors of ABS/ESC systems to monitor the tyre pressure of a vehicle. The battery-operated TPMS system has a lifespan of 6 to 10 years. Several governments have started implementing strict safety laws that call for the incorporation of cutting-edge safety features like TPMS, ABS, and lane departure warning systems. To lower the rising accident rate,
Global Tire Pressure Monitoring System (TPMS) (Automobile TPMS) Market size,Shar …
"A SWOT Analysis of Tire Pressure Monitoring System (TPMS) (Automobile TPMS), Professional Survey Report Including Top Most Global Players Analysis with CAGR and Stock Market Up and Down." Apply here for the FREE sample copy of the report @: https://www.syndicatemarketresearch.com/sample/tire-pressure-monitoring-system-tpms-automobile-tpms-market The "Tire Pressure Monitoring System (TPMS) (Automobile TPMS) Market" research report presents an all-inclusive study of the global Tire Pressure Monitoring System (TPMS) (Automobile TPMS) market. The report includes all the major
Battery-less TPMS Market Top Companies Analysis, In-Depth Insight, Business Oppo …
A thorough analysis of Battery-less TPMS Market statistics about the current as well as emerging trends offers clarity regarding the Battery-less TPMS Market dynamics. The report includes Porter's Five Forces to analyze the prominence of various features such as the understanding of both the suppliers and customers, risks posed by various agents, the strength of competition, and promising emerging businesspersons to understand a valuable resource. Also, the report spans the
Global Automobile TPMS Market | Compound Annual Growth Rate
A Tire Pressure Monitoring System (TPMS) is an electronic system designed to monitor the air pressure inside pneumatic tires on various types of vehicles. According to the Report Consultant latest document, the Automobile TPMS Market is projected to develop at a rapid pace. Therefore, during the forecast period, the report estimates market share in terms of volume. In addition, this document contains an in-depth analysis of current developments, development opportunities,
Battery-less TPMS Market Estimation with Key Players like Batteryless TPMS, ALPS …
Battery-less TPMS Industry research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get FREE Sample Report Before Buying @ https://www.upmarketresearch.com/home/requested_sample/10252 UpMarketResearch offers a latest published report on “Global Battery-less TPMS Market Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a
Automotive Tire Pressure Monitoring System (TPMS) Market Report 2018: Segmentati …
Global Automotive Tire Pressure Monitoring System (TPMS) market research report provides company profile for Continental AG (Germany), Pacific Industrial Co. Ltd (Japan), Huf Hülsbeck & Fürst GmbH & Co. KG (Germany), ZF Friedrichshafen AG (Germany), Schrader Electronics (U.K) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,