Global Automotive Tire Pressure Monitoring System Market Growth 2019-2024

A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. TPMS report real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The target of a TPMS is avoiding traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of a hazardous state of the tires.
In this report, 1 Unit Tire Pressure Monitoring System (TPMS) refers to the whole system used in a car (usually 4 TPMS sensors).
Split by applications, this report focuses on sales, market share and growth rate of Automotive Tire Pressure Monitoring System in each application, can be divided into: Passenger Vehicle and Commercial Vehicle.

According to this study, over the next five years the Automotive Tire Pressure Monitoring System market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Tire Pressure Monitoring System business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Tire Pressure Monitoring System market by product type, application, key manufacturers and key regions and countries.

This study considers the Automotive Tire Pressure Monitoring System value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Indirect Tire Pressure Monitoring System
Direct Tire Pressure Monitoring System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicle
Commercial Vehicle

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Schrader (Sensata)
Continental
ZF TRW
Lear
ACDelco
Pacific Industrial
Bendix
Huf
CUB Elecparts
Sate Auto Electronic
Denso
Baolong Automotive
NIRA Dynamics
Orange Electronic
Shenzhen Autotech

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automotive Tire Pressure Monitoring System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive Tire Pressure Monitoring System market by identifying its various subsegments.
Focuses on the key global Automotive Tire Pressure Monitoring System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive Tire Pressure Monitoring System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive Tire Pressure Monitoring System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.