[PDF] Automotive Tire Pressure Monitoring System (TPMS) Market : Few Little Known Ways To Make The Most Out Of It

What Is Automotive Tire Pressure Monitoring System (TPMS)?

Automotive tire pressure monitoring system (TPMS) is an electronic system that is used to observe tire pressure of vehicle by employing sensors through the wheel speed sensors of ABS/ESC systems. TPMS system is battery-operated with lifespan of 6-10 years. On the basis of product type, the market is segmented into direct TMPS and indirect TMPS. On the basis of vehicle type, the market is segmented into passenger cars, LCV, and HCV. Furthermore, on the basis of sales channel, the market is segmented into OEM and aftermarket. The market is expected to witness significant growth in the near future, owing to growing number of commercial as well as passenger vehicles.

Automotive Tire Pressure Monitoring System (TPMS) Market Key Players:

ZF Friedrichshafen AG, ATEQ, Continental AG, Bartec USA LLC, Sensata Technologies, Inc., Huf Hülsbeck & Fürst GmbH & Co. KG, AUTOMOTIVE TECHNOLOGY CO., LTD., Rivigo Services, Denso Corporation, DUNLOP TECH GmbH, Pacific Industrial Co., Ltd., Bendix Commercial Vehicles Systems LLC, NXP Semiconductors, NIRA Dynamics AB, WABCO, and HAMATON AUTOMOTIVE TECHNOLOGY CO., LTD among others.

The global Automotive Tire Pressure Monitoring System (TPMS) Market is expected to exhibit a CAGR of 6.7% during the forecast period (2019-2027)

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Market Definition Automotive tire pressure monitoring system (TPMS) is an electronic system that is used to observe tire pressure of vehicle by employing sensors through the wheel speed sensors of ABS/ESC systems. TPMS system is battery-operated with lifespan of 6-10 years. On the basis of product type, the market is segmented into direct TMPS and indirect TMPS. On the basis of vehicle type, the market is segmented into passenger cars, LCV, and HCV. Furthermore, on the basis of sales channel, the market is segmented into OEM and aftermarket. The market is expected to witness significant growth in the near future, owing to growing number of commercial as well as passenger vehicles. The global Automotive Tire Pressure Monitoring System (TPMS) Market is estimated to account for US$ 9,335.4 Mn in terms of value by the end of 2019.

Automotive Tire Pressure Monitoring System (TPMS) Market Taxonomy

Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Product Type:

Direct TPMS
Indirect TPMS
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Vehicle Type:

Passenger Car
LCV
HCV
Global Automotive Tire Pressure Monitoring System (TPMS) Market, By Sales Channel:

OEM
Aftermarket
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Key features of the study:

This report provides in-depth analysis of Automotive Tire Pressure Monitoring System (TPMS) market, market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global Automotive Tire Pressure Monitoring System (TPMS) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies and future plans
Key companies covered as a part of this study include ZF Friedrichshafen AG, ATEQ, Continental AG, Bartec USA LLC, Sensata Technologies, Inc., Huf Hülsbeck & Fürst GmbH & Co. KG, AUTOMOTIVE TECHNOLOGY CO., LTD., Rivigo Services, Denso Corporation, DUNLOP TECH GmbH, Pacific Industrial Co., Ltd., Bendix Commercial Vehicles Systems LLC, NXP Semiconductors, NIRA Dynamics AB, WABCO, and HAMATON AUTOMOTIVE TECHNOLOGY CO., LTD among others.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, product up-gradation, market expansion, and marketing tactics
The global Automotive Tire Pressure Monitoring System (TPMS) market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global Automotive Tire Pressure Monitoring System (TPMS) market

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