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.

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.

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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.

According to this study, over the next five years the Automobile TPMS 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 Automobile TPMS business.

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

Direct TPMS

Indirect TPMS

Segmentation by application

Passenger Cars

Commercial Vehicles

This report also splits the market by region

Americas

APAC

Europe

Middle East & Africa

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

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The key manufacturers covered in this report.

Schrader (Sensata), Pacific Industrial, Continental, TRW (ZF), Lear, Visteon, Denso, Huf Hülsbeck & Fürst GmbH & Co, ACDelco, Sate Auto Electronic, Shanghai Baolong Automotive, Shenzhen Hangshen Electronic, Steelmate Co, Nanjing Top Sun Technology, Kysonix Inc, Foryou Corp, Shenzhen Autotech, Dongguan Nannar Electronic Technology

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.

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Table of Contents

2019-2024 Global Automobile TPMS Consumption Market Report

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Automobile TPMS Consumption 2014-2024

2.1.2 Automobile TPMS Consumption CAGR by Region

2.2 Automobile TPMS Segment by Type

2.2.1 Direct TPMS

2.2.2 Indirect TPMS

2.3 Automobile TPMS Consumption by Type

2.3.1 Global Automobile TPMS Consumption Market Share by Type (2014-2019)

2.3.2 Global Automobile TPMS Revenue and Market Share by Type (2014-2019)

2.3.3 Global Automobile TPMS Sale Price by Type (2014-2019)

2.4 Automobile TPMS Segment by Application

2.4.1 Passenger Cars

2.4.2 Commercial Vehicles

2.5 Automobile TPMS Consumption by Application

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