The global automotive tyre pressure monitoring systems market is anticipated to grow at a significant CAGR during the forecast period. The major factor propelling the growth of the global automotive tyre pressure monitoring systems market includes the growing number of road accidents prompting the government authorities to impose safety regulations and norms globally. As per the Global Status Report on Road Safety, by World Health Organization (WHO) in 2018, around 1.35 million died due to road traffic accidents. In addition to this, the growing consumer preference towards safety and advanced driving systems will drive the growth of the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-tyre-pressure-monitoring-systems-market
Tyre Pressure Monitoring System (TPMS) is an electric-oriented system that observes the air pressure inside the tyres and provides real-time information. Tyre Pressure Monitoring System (TPMS) has the key purpose of warning the driver when at least one or more tyres are significantly under-inflated, which will possibly create unsafe driving conditions.
full report of Automotive Tyre Pressure Monitoring Systems Market available @ https://www.omrglobal.com/industry-reports/automotive-tyre-pressure-monitoring-systems-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Tyre Pressure Monitoring System Market by Segment
By Technology
- Indirect Tyre Pressure Monitoring
- Direct Tyre Pressure Monitoring
By Type of Vehicle
- Commercial Vehicle
- Passenger Cars
Global Automotive Tyre Pressure Monitoring Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-tyre-pressure-monitoring-systems-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404