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.
Market competition is intense. Schrader (Sensata), Continental, ZF TRW, Pacific Industrial, Huf, Denso, are the leaders of the industry, and Schrader (Sensata) hold key technologies and patents with the most market share of 26% in 2018. Followed Schrader (Sensata); Continental is in the second place around the world. Chinese players also witnessed a high pace development in this years.
According to this study, over the next five years the Automobile TPMS market will register a 6.2% CAGR in terms of revenue, the global market size will reach US$ 4270 million by 2024, from US$ 3160 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automobile TPMS business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automobile TPMS market by product type, application, key manufacturers and key regions and countries.
This study considers the Automobile TPMS 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.
Direct TPMS
Indirect TPMS
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
Pacific Industrial
Huf
Denso
Lear
Bendix
Baolong Automotive
Sate Auto Electronic
ACDelco
CUB Elecparts
NIRA Dynamics
Orange Electronic
Shenzhen Autotech
Steelmate
Nanjing Top Sun
Shenzhen Hangshen
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 Automobile TPMS 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 Automobile TPMS market by identifying its various subsegments.
Focuses on the key global Automobile TPMS 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 Automobile TPMS 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 Automobile TPMS 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.
