A comprehensive analysis of the Automobile TPMS Market including market sizing, market share by competitor, market share by distribution channel, drivers, restraints, product pricing trends, industry quotations, company profiles and market forecasts to 2024 for global market. Automobile TPMS market report provides investors, analysts, researchers, business executives and others with analyses and forecasts for the Automobile TPMS market, including Automobile TPMS production, revenues, competitor’s marketing strategy and global product selling prices up to 2022.
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About Automobile TPMS Industry
The main factors driving the demand for automotive TPMS are strict safety norms, increasing health and safety awareness among consumers, technology advancement and high disposable income. Agencies such as New Car Assessment Program (NCAP) are also encouraging manufacturers by awarding safety ratings to cars based on safety performance. Growth in automotive safety systems market such as TPMS is largely driven by strict legislation and norms related to safety. Safety systems such as TPMS is obligatory in developed countries, while legislation in developing countries are creating higher growth opportunities.Although the overall automotive active safety systems market is growing significantly, challenges such as lack of standardization and high prices of TPMS is hindering the growth for TPMS market.Test conducted by one of the leading tire and rubber company have shown that almost 15% under-inflation tires can result an 8% drop in expected tire life and 2.5% decrease in fuel efficiency.
In terms of geography, the global tire pressure monitoring system market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. North America is the largest market for TPMS followed by Europe and Asia Pacific. Increasing demand for luxury vehicles in regions like Europe and Asia Pacific, mainly in developing economies such as China and India is driving the TPMS market. Factors such as adoption of safety regulations by government agencies along with an increase in vehicle sales and safety installations per vehicle, are fuelling the demand for automotive TPMS globally.
The worldwide market for Automobile TPMS is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Automobile TPMS in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The overviews, SWOT analysis and strategies of each vendor in the Automobile TPMS market provide understanding about the market forces and how those can be exploited to create future opportunities.
Key Players in this Automobile TPMS market are:–
- Schrader (Sensata)
Huf Hülsbeck & Fürst GmbH & Co
Sate Auto Electronic
Shanghai Baolong Automotive
Shenzhen Hangshen Electronic
Nanjing Top Sun Technology
Dongguan Nannar Electronic Technology
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Production Analysis: SWOT analysis of major key players of Automobile TPMS industry based on a Strengths, Weaknesses, company’s internal & external environments. …, Opportunities and Threats. . It also includes Production, Revenue, and average product price and market shares of key players. Those data are further drilled down with Manufacturing Base Distribution, Production Area and Product Type. Major points like Competitive Situation and Trends, Concentration Rate Mergers & Acquisitions, Expansion which are vital information to grow/establish a business is also provided.
Application of Automobile TPMS Market are:
Product Segment Analysis of the Automobile TPMS Market is:
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Regions Covered in Automobile TPMS Market are:-
- North and South America
- South Korea
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The Automobile TPMS Market Report is Prepared with the Main Agenda to Cover the following points:
- Market Size side-effect Categories
- Market patterns
- Manufacturer Landscape
- Distributor Landscape
- Valuing Analysis
- Top 10 company Analysis
- Product Benchmarking
- Product Developments
- Mergers and Acquisition Analysis
- Patent Analysis
- Request Analysis ( By Revenue and Volume )
- Country level Analysis (15+)
- Excerpt of the overall industry Analysis
- Product Chain Analysis
- Production network Analysis
- Current and Future Market Landscape Analysis
- Opportunity Analysis
- Income and Volume Analysis
Report Price: USD 3480
No of Pages in Automobile TPMS Market: 136
Analysis & Forecast Time Period: 2015-2024
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