Automobile TPMS Market

The global Automobile TPMS market was valued at 3274.21 Million USD in 2021 and will grow with a CAGR of 5.1% from 2021 to 2027, based on newly published report.

The prime objective of Automobile TPMS Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Automobile TPMS Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. TPMS report real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The target of a TPMS is avoiding traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of a hazardous state of the tires.Market competition is intense. Schrader (Sensata), Continental, ZF TRW, Pacific Industrial, Huf, Denso, are the leaders of the industry, and Schrader (Sensata) hold key technologies and patents with the most market share of 26% in 2018. Followed Schrader (Sensata); Continental is in the second place around the world. Chinese players also witnessed a high pace development in this years.

By Market Verdors:

Schrader (Sensata)

Continental

ZF TRW

Pacific Industrial

Huf

Denso

Lear

Bendix

Baolong Automotive

Sate Auto Electronic

ACDelco

CUB Elecparts

NIRA Dynamics

Orange Electronic

Shenzhen Autotech

Steelmate

Nanjing Top Sun

Shenzhen Hangshen

By Types:

Direct TPMS

Indirect TPMS

By Applications:

Passenger Vehicle

Commercial Vehicle

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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