Published by Uma Rajagopal
Posted on December 16, 2021
According to the latest report by IMARC Group, titled “Tire Pressure Monitoring System (TPMS) Market Size : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global tire pressure monitoring system (TPMS) market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 9% during 2021-2026.
A tire pressure monitoring system (TPMS) represents an electronic system that is used to maintain adequate air pressure in the tires of vehicles. The commonly used monitoring systems include direct and indirect TPMS. The former uses a sensor mounted on the wheels to measure the pressure in each tire, while the latter works with the antilock braking system (ABS) speed sensors to monitor the air pressure. A tire pressure monitoring system provides real-time information about the tire pressure to the driver via a pictogram display or a simple low-pressure warning light. It is extensively utilized across the globe to analyze potential risks associated with the changes in the pressure and temperature of the tires while improving overall vehicle safety.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Tire Pressure Monitoring System (TPMS) Market Trends:
The expanding automotive sector is one of the key factors driving the tire pressure monitoring system market. Additionally, the shifting preferences among consumers towards advanced driver-assistance systems (ADASs) for ensuring optimum safety on the road are further catalyzing the market growth. In line with this, several technological advancements, such as the integration of energy harvesting and display systems to offer insights and data regarding the health of the vehicle, are acting as significant growth-inducing factors. Furthermore, the launch of favorable initiatives by government bodies aimed at minimizing the instances of road accidents and casualties is anticipated to fuel the tire pressure monitoring system market over the forecasted period.
Request Free Sample Report: https://www.imarcgroup.com/tire-pressure-monitoring-system-market/requestsample
Global Tire Pressure Monitoring System (TPMS) Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ATEQ, Bartec USA LLC, Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation), Continental Aktiengesellschaft, Denso Corporation, Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co. Ltd.), Huf Hülsbeck & Fürst GmbH & Co. KG, Nira Dynamics AB, NXP Semiconductors N.V., Pacific Industrial Co. Ltd., Sensata Technologies Inc. and WABCO Holdings Inc. (ZF Friedrichshafen AG).
The report has segmented the market on the basis on region, type, technology, vehicle type and distribution channel.
Breakup by Type:
Breakup by Technology:
Breakup by Vehicle Type:
Breakup by Distribution Channel:
Breakup by Region:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/tire-pressure-monitoring-system-market
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
Other Reports:
Electric Truck Market – https://www.imarcgroup.com/electric-truck-market
Automotive Slipper Clutch Market: https://www.imarcgroup.com/automotive-slipper-clutch-market
Automotive Climate Control Market: https://www.imarcgroup.com/automotive-climate-control-market
Automotive Thermal System Market: https://www.imarcgroup.com/automotive-thermal-system-market
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Automated Fare Collection Market- https://www.imarcgroup.com/automated-fare-collection-market
Telehandler Market: https://www.imarcgroup.com/telehandler-market
Commercial Telematics Market: https://www.imarcgroup.com/commercial-telematics-market
Automotive Remote Diagnostics Market: https://www.imarcgroup.com/automotive-remote-diagnostics-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
According to the latest report by IMARC Group, titled “Tire Pressure Monitoring System (TPMS) Market Size : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global tire pressure monitoring system (TPMS) market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 9% during 2021-2026.
A tire pressure monitoring system (TPMS) represents an electronic system that is used to maintain adequate air pressure in the tires of vehicles. The commonly used monitoring systems include direct and indirect TPMS. The former uses a sensor mounted on the wheels to measure the pressure in each tire, while the latter works with the antilock braking system (ABS) speed sensors to monitor the air pressure. A tire pressure monitoring system provides real-time information about the tire pressure to the driver via a pictogram display or a simple low-pressure warning light. It is extensively utilized across the globe to analyze potential risks associated with the changes in the pressure and temperature of the tires while improving overall vehicle safety.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Tire Pressure Monitoring System (TPMS) Market Trends:
The expanding automotive sector is one of the key factors driving the tire pressure monitoring system market. Additionally, the shifting preferences among consumers towards advanced driver-assistance systems (ADASs) for ensuring optimum safety on the road are further catalyzing the market growth. In line with this, several technological advancements, such as the integration of energy harvesting and display systems to offer insights and data regarding the health of the vehicle, are acting as significant growth-inducing factors. Furthermore, the launch of favorable initiatives by government bodies aimed at minimizing the instances of road accidents and casualties is anticipated to fuel the tire pressure monitoring system market over the forecasted period.
Request Free Sample Report: https://www.imarcgroup.com/tire-pressure-monitoring-system-market/requestsample
Global Tire Pressure Monitoring System (TPMS) Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
ATEQ, Bartec USA LLC, Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation), Continental Aktiengesellschaft, Denso Corporation, Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co. Ltd.), Huf Hülsbeck & Fürst GmbH & Co. KG, Nira Dynamics AB, NXP Semiconductors N.V., Pacific Industrial Co. Ltd., Sensata Technologies Inc. and WABCO Holdings Inc. (ZF Friedrichshafen AG).
The report has segmented the market on the basis on region, type, technology, vehicle type and distribution channel.
Breakup by Type:
Breakup by Technology:
Breakup by Vehicle Type:
Breakup by Distribution Channel:
Breakup by Region:
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/tire-pressure-monitoring-system-market
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization
Other Reports:
Electric Truck Market – https://www.imarcgroup.com/electric-truck-market
Automotive Slipper Clutch Market: https://www.imarcgroup.com/automotive-slipper-clutch-market
Automotive Climate Control Market: https://www.imarcgroup.com/automotive-climate-control-market
Automotive Thermal System Market: https://www.imarcgroup.com/automotive-thermal-system-market
Automotive Blind Spot Detection System Market: https://www.imarcgroup.com/automotive-blind-spot-detection-system-market
Automotive Refinish Coatings Market: https://www.imarcgroup.com/automotive-refinish-coatings-market
Automated Fare Collection Market- https://www.imarcgroup.com/automated-fare-collection-market
Telehandler Market: https://www.imarcgroup.com/telehandler-market
Commercial Telematics Market: https://www.imarcgroup.com/commercial-telematics-market
Automotive Remote Diagnostics Market: https://www.imarcgroup.com/automotive-remote-diagnostics-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
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