DUBLIN--(BUSINESS WIRE)--The "Global Commercial Vehicle Tire Pressure Management System (TPMS) Market 2017-2021" report has been added to Research and Markets' offering.
The analysts forecast the global commercial vehicle tire pressure management system (TPMS) market to grow at a CAGR of 10.38% during the period 2017-2021.
The report, Global Commercial Vehicle Tire Pressure Management System (TPMS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is development of Bluetooth-enabled TPMS. TPMS is undergoing many developments that are mostly focused on increasing the efficiency of the system. The development of battery-powered sensors allowed wireless transmission of the readings from the sensors to the ECU. The recent development of the Bluetooth-enabled TPMS is the latest addition to the TPMS market, which is gaining popularity among customers.
According to the report, one driver in the market is discount in insurance premium for adoption of vehicle safety system like TPMS. The active safety systems are the preferred device to increase safety quotient of the vehicles. However, their adoption is not limited to the customers preferring safety. Other factors like legislation and discounts are pushing the demand for the same. For instance, insurance providers are offering discounts on the automobile insurance if the vehicle is equipped with safety systems like ABS, TPMS, etc. These discounts range from 5% to 10% depending on the provider and region.
Key vendors
- Continental
- ZF
- NXP Semiconductors
- DENSO
- Sensata Technologies
- WABCO
Other prominent vendors
- Bendix Commercial Vehicles Systems
- Datanet
- Pacific Industrial
- Ryder Fleet Products
- Schrader-Bridgeport International
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By End-User
Part 07: Market Segmentation By Vehicle Type
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/3b43z2/global_commercial
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Related Topics: Automotive Tires, Automotive Safety