DUBLIN—The "Global Automotive TPMS Market - Forecasts and Trends (2017 - 2022)" report has been added to Research and Markets' offering.
The global TPMS market is expected to grow at a CAGR of 15.23% during the forecast period. North America was the largest market in 2016, accounting for a share of over 39%, followed by the European countries and Asia-Pacific countries. TPMS is an electronic system designed to provide real-time information about tire pressure by monitoring the air pressure inside the tires. In addition, TPMS warns the driver about the number of tires that are underinflated. The increasing demand from emerging markets such as India and China as a result of the rising demand for automobiles (especially luxury vehicles) and new TPMS regulations in China and South Korea will also positively affect growth of the market.
In terms of technology, TPMS is classified into two categories: direct TPMS and indirect TPMS. Direct TPMS provides real-time information on the tire pressure by using pressure monitoring sensors in the tires. As a result, automobile manufacturers are shifting their focus to the use of direct TPMS sensors to improve safety of consumers. The demand for and adoption of direct TPMS is constantly increasing among consumers because of the ease provided by these systems; i.e., automatically resetting as and when tires are inflated or rotated (with the presence of pressure sensors). Indirect TPMS do not use any physical pressure sensors unlike direct TPMS but measure air pressure by monitoring individual wheel rotational speeds and other signals available outside the tire.
- Pacific Industrial
- Schrader Electronics
- Alligator Ventilfabrik GmbH
- Advantage PressurePro Enterprises Inc.
- Alps Electric Co. Ltd.
- Bendix Commercial Vehicle Systems LLC
- Delphi Automotive LLP
- Dill Air Control Products
- Freescale Semiconductor
- Doran Manufacturing LLC
- Huf Electronics Bretten GmbH
- ZF TRW
- Valor TPMS
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview and Technology Trends
6. Automotive TPMS Market, By Type
7. Automotive TPMS Market, By End Use Segment
8. Automotive TPMS Market, By Vehicle Type
9. Automotive TPMS Market, By Geography
10. Competitive Landscape
11. Key Vendor Analysis
12. Future Outlook of the Market
For more information about this report visit https://www.researchandmarkets.com/research/g8r3f6/global_automotive
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Related Topics: Automotive Safety