Automotive TPMS Market Top Key Players - Denso Corporation, Continental AG, The Goodyear Tire & Rubber Company, Hampton Automotive Technology Co., Ltd, ZF Friedrichshafen AG, VALEO, NIRA Dynamics AB, Sensata Technologies Inc., Pacific Industrial Co., Ltd.

A vehicle's Tire Pressure Monitoring System (TPMS) is designed to warn you when one or more tire pressures are significantly low, which could lead to hazardous driving conditions. The TPMS low pressure tire pressure indicator is a flashing yellow exclamation mark on the dashboard in the shape of a tire cross-section (horseshoe shape). Tire pressure monitoring systems (TPMS) warn drivers of insufficient tire pressure, which is critical to improving driver safety, fuel efficiency and tire durability.

Tire the only point of contact between the vehicle and the ground. Whether the vehicle can maintain its direction of travel or stop before the barrier is affected. Drivers often ignore the importance of the condition of the tires and the prevailing pressure. Changes in tire pressure have a major impact on ride comfort, fuel economy and road safety (eg braking distance). Different types of pressure monitoring systems are used to monitor the condition of tire pressure and inform the driver.

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GLOBAL AUTOMOTIVE TPMS MARKET DYNAMICS

TPMS is most commonly used in the passenger car market where tire pressure monitoring is considered an essential safety component. The automotive industry is stepping up its efforts to provide technologies that reduce the impact of crashes, reduce deaths and improve overall vehicle safety, which will drive the automotive TPMS market over the forecast period.

The tire pressure monitoring system is expected to expand significantly as a result of several stringent government laws and regulations requiring reduced vehicle emissions and improved fuel economy. Many criteria are currently being actively considered by car manufacturers. Given the growing demand for luxury vehicles, changes in government laws, economic growth and environmental regulations, today's tire pressure monitoring market requires many variables. Over time, automotive systems have become more sophisticated and efficient, and the sector is relying on new technologies that will ultimately play an important role in achieving good goals.

RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL AUTOMOTIVE TPMS MARKET

The tire pressure monitoring system uses individual sensors for each tire and a full-size spare sensor to transmit data to a central control module. Internal pressure and temperature are measured by sensors. The data received from the module is evaluated and sent to the vehicle information system or the vehicle's low pressure indicator if there is a problem with the tire. Most information is transmitted over wireless networks in the form of wireless signals. Some aftermarket systems are installed on the outside of the tire, but most manufacturers use sensors inside the tire.

Internet of Things (IoT) and cloud services are changing tire manufacturers' attitudes towards their products and the future of their business, especially tire pressure monitoring systems (TPMS). Automotive networks are essential IoT applications that collect and exchange data between vehicles (V2V) and road infrastructure (V2X) and connect cars and city networks to enable smarter and safer driving. It can provide a variety of entertainment services to drivers and passengers, especially when the driver no longer needs to focus on the road.

COMPANIES PROFILED

• Denso Corporation
• Continental AG
• The Goodyear Tire & Rubber Company
• Hampton Automotive Technology Co., Ltd
• ZF Friedrichshafen AG
• VALEO
• NIRA Dynamics AB
• Sensata Technologies Inc.
• Pacific Industrial Co., Ltd.
• Huf Hülsbeck & Fürst GmbH & Co. KG
• Robert Bosch GmbH
• Hitachi Automotive Ltd
• LG Innotek
• Delphi Automotive LLP.

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