Market for Tire Pressure Monitoring Systems Market to Record Significant Incremental Dollar Opportunity Through 2026

Published On : 12/01/2021

Persistence Market Research digs deep into the global TPMS market and fetches key information through structured market research in the report titled “TPMS Market Global Industry Analysis 2013–2017 and Forecast 2018–2026” which studies the market and predicts future demographics and changes. The report reveals that direct TPMS will dominate the market and is estimated to hold more than 95% market value share. It is expected to grow with a CAGR (Value) of 9.3% by the end of the forecast period (2018 – 2026). 

The present estimated value of the global TPMS market is more than US$ 11,651.2 Mn in 2018 and the market will expand with a CAGR of 9.2% to reach US$ 23,620.5 Mn by the end of 2026.

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FACTS AT A GLANCE

Companies: ZF Friedrichshafen AG, Continental AG, Sensata Technologies, Inc., Denso Corporation, Pacific Industrial Co., Ltd., NXP Semiconductors, WABCO, Huf Hülsbeck & Fürst GmbH & Co. KG, NIRA Dynamics AB, Bendix Commercial Vehicles Systems LLC, Dunlop Tech GmbH, Hamaton Automotive Technology Co., Ltd., Bartec USA LLC and ATEQ.

Coverage: All major geographies and key segments

Segments: Automotive Tire Pressure Monitoring System Market Segmented By Direct and Indirect Type in Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle

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Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)

ABSTRACT-

Persistence Market Research (PMR) analyzes the TPMS market in its new publication titled “TPMS Market Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026”. This study provides data for 2017 along with the forecast for the period (2018 – 2026). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights that affect various segments of the global TPMS market. To provide a better understanding of the TPMS market, the report also includes the analysis of global drivers, restraints and trends, which influence the current market scenario and future status of the global TPMS market over the forecast period.

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To understand and assess market opportunities and trends, the global TPMS market report is categorically split into different sections based on market segmentation – by type, by vehicle type, by sales channel and by region. The report starts with an overview of the TPMS market and provides market definition & taxonomy, along with the value chain, pricing analysis, drivers, restraints, and trends in the market. The sections that follow include the global TPMS market analysis by type, by vehicle type, by sales channel and by region. All the above sections evaluate the TPMS market on the basis of various factors affecting the market. Each section discusses the qualitative and quantitative aspects of the global TPMS market. To give a brief idea about revenue opportunities from the type, vehicle type, sales channel and regional segments, the report also provides the value of the TPMS  market, absolute $ opportunity, and total incremental opportunity for each segment over the forecast period (2018 – 2026).

In the final section of the report, we have provided the global TPMS market structure and a detailed competition landscape with company market share and performance to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This is expected to enable clients to assess strategies deployed by market leaders and help them develop effective strategies accordingly.

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