Automotive Tire Pressure Monitoring System (TPMS) market is expected to register a CAGR of over 13% during the forecast period – 2021-2027.
Consumer preference for advanced driver assistance systems with safety acting as a major propellant for the growth of the Automotive TPMS market
Sales of luxury vehicles with TPMS in their safety functions have surged, further boosting the market growth of automotive TPMS.
The increasing number of accidents and consequent road accidents has made it mandatory to use TPMS in automobiles by regulatory authorities in many countries.
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Following are the segments covered by the report are:
- Wheel-Speed Based TPMS
- Pressure-Sensor Based TPMS
By Application:
- Compact Vehicle
- Mid-Sized Vehicle
- Premium Vehicle
- Luxury Vehicle
- Commercial Vehicles
- SUV
The Key manufacturers that are operating in the global Automotive Tire Pressure Monitor System market are:
- Delphi Automotive Plc
- ZF TRW Automotive Holdings Corp
- Rand Mcnally
- Fobo
- PressurePro
- VXDAS
- Malcam
- Kent-Moore
- Motorcraft
A full report of Global Automotive Tire Pressure Monitoring System Market is available at: https://www.orionmarketreports.com/automotive-tire-pressure-monitoring-system-market/39462/
Scope of the Report
The research study analyzes the global Automotive Tire Pressure Monitoring System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Tire Pressure Monitoring System Market Report
1. What was the Automotive Tire Pressure Monitoring System Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Tire Pressure Monitoring System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Tire Pressure Monitoring System Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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