Research and Markets: Main Players in Global Market for Tyre Pressure Monitoring Systems Examined

DUBLIN, Ireland--Feb. 2, 20053, 2005--Research and Markets (http://www.researchandmarkets.com/reports/c13187) has announced the addition of Global Market Review Of Tyre Pressure Monitoring Systems - Forecasts To 2010 to their offering

According to the Rubber Manufacturers Association, US drivers are more likely to wash their cars than correctly check tyre pressure. In a national survey, the RMA found that three out of four American drivers wash their vehicle at least once a month, while only one in seven correctly checks tyre pressure.

Americas forthcoming TREAD (Transportation Recall Enhancement, Accountability and Documentation) Act will take the responsibility for maintaining correct tyre pressure away from the consumer and onto the manufacturer. The TREAD Act requires that 50% of model year 2006 light vehicles, 90% of model year 2007 light vehicles and all light vehicles manufactured after 2007 in the US to be equipped with a tyre pressure monitoring system (TPMS). NHTSAs latest proposal - presented on 15th September 2004 - requires manufacturers to install a four-tyre TPMS that is capable of detecting when a tyre is more than 25% under-inflated and warn the driver.

This report identifies the main players in the OE market, and their market shares in Europe, North America and Japan.Market volume and value forecasts in this study extend to 2010, determining positions of the key players in the three largest markets. A roundup of recent innovations and the forces driving those technical advances is provided as well as profiles of the major tyre pressure monitoring system manufacturers, namely Beru, Schrader Electronics, SmarTire and TRW.

For more information visit http://www.researchandmarkets.com/reports/c13187