Press release
Tire Pressure Monitoring Systems Market Analysis By Key Competitor, Segment, and Geographical Demand| Continental AG, and Denso corporation
MarkNtel Advisors, a prominent market research firm, has recently published a report titled "Global Tire Pressure Monitoring Systems Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive study explores into the industry, offering an in-depth examination of the Tire Pressure Monitoring Systems market, encompassing research findings, size, market share, trends, and growth projections.
Furthermore, the report encompasses competitor and regional analyses, spotlighting the most recent developments in the market.
Report Historical Data:
> Historical Data: 2018-21
> Base Year: 2022
> Forecast Period: 2023-28
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Global Tire Pressure Monitoring Systems Market Overview:
The Global Tire Pressure Monitoring Systems Market is projected to grow at a CAGR of around 9.0% during the forecast period, i.e., 2023-28. The market growth is attributed to rising safety concerns, government regulations, and the surging number of passenger & commercial vehicles. Additionally, the elevating number of luxury vehicles, increasing economic and environmental policies, shifting consumer and manufacturer preference for advanced safety features, and the need to reduce vehicular emissions and improve vehicle fuel efficiency are also aiding in market expansion.
What are the top listed Tire Pressure Monitoring Systems Companies in the Global market?
* Continental AG
* Denso corporation
* Delphi Automotive
* Sensata Technologies
* Dunlop Tech Gbmh
* Wabco
* Bendix Commercial Vehicle systems LLC
* Schrader Electronics
* Pacific Industrial Co., Ltd.
* Huf and Hlsbeck & Frst Gmbh & Co.
What Factor Driving the Tire Pressure Monitoring Systems Industry Growth in the coming years?
Rising Installation of Accident Preventive Safety Systems - The continuous occurrence of automobile accidents has urged manufacturers, and consumers to adapt and improve the safety features in the vehicle to prevent damage and causality by focusing on the improvement of automotive vehicles with the installation of new safety features. This has resulted in continuous research and development into the issue and coming up with [read more - https://www.marknteladvisors.com/research-library/global-tire-pressure-monitoring-system.html ]
What segmentation included in Global Tire Pressure Monitoring Systems market?
By Technology
* Direct Tire Pressure Monitoring System
* Indirect Tire Pressure Monitoring System
By Sales Channel
* OEMs
* Aftermarket
By Vehicle Type
* Passenger Vehicle
* Commercial Vehicle
Separation By Region
* North America
* South America
* Europe
* The Middle East and Africa
* Asia-Pacific
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Reason to Buy This Report:
> In-depth analysis covering Tire Pressure Monitoring Systems Market Size, Share, Growth, Trends, and Future Outlook.
> Focus on Industry Dynamics, Demand, and Development Opportunities.
> Incorporates Latest Investment and Industry Reports for a comprehensive view.
> Accurate Forecast data to guide informed decision-making.
> Presented in English for clear and concise understanding.
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