Tire Pressure Monitoring System Market to grow $8.4 Billion by 2019 at a healthy CAGR of 16%.
Automotive safety systems have evolved over time, have become sophisticated and efficient. Today, the automotive industry tends to use advanced technology to reduce the number of accidents and mitigate the impact of accidents on occupants. Automotive safety systems have played an important role in achieving these goals, and these systems make vehicles safer for occupants.
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The global automotive TPMS and LDW systems market is dominated by a few top players such as Robert Bosch (Germany), Continental AG (Germany), Denso Corporation (Japan), Takata Corporation (Japan), and TRW automotive (U.S.).
Product Type Segmentation
- Stringent Safety Norms
- Increased Safety Awareness
- Technological Advancement
- Affordability
- The New Car Assessment Program (Ncap)
Industry Segmentation
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
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Scope of the Report
The research study analyzes the global 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 Tire Pressure Monitoring System Market Report
1. What was the Tire Pressure Monitoring System Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
- What will be the CAGR of Tire Pressure Monitoring System Market during the forecast period (2019-2025)?
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 (2019-2025).
4. Which manufacturer/vendor/players in the 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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