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Tire Pressure Monitoring System (TPMS) Market Research and Forecast Report 2022-2027

The global tire pressure monitoring system (TPMS) market reached a value of US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2027, exhibiting a CAGR of 9.77% during 2022-2027.<br>More info:- https://www.imarcgroup.com/tire-pressure-monitoring-system-market

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Tire Pressure Monitoring System (TPMS) Market Research and Forecast Report 2022-2027

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  1. Global Tire Pressure Monitoring System (TPMS) Market Research and Forecast Report 2022-2027 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

  2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

  3. Report Description and Highlights Report Description Global Tire Pressure Monitoring System (TPMS) Market Research Report 2022-2027: According to the latest report by IMARC Group, titled "Tire Pressure Monitoring System (TPMS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global tire pressure monitoring system market size reached US$ 5.6 Billion in 2021. A tire pressure monitoring system (TPMS) refers to an electronic system that monitors the air pressure present in a vehicle’s tire and reflects the reading on the display screen in real-time. It also depicts the derived data in the form of a pictogram display. These solutions aid the drivers in analyzing the potential risks associated with the changes in the pressure and temperature of tires. The widespread utilization of these systems offers enhanced convenience to the driver while significantly improving vehicle safety as well as a reduced number of injuries as a result of lower incidences of road accidents. Request for a PDF sample of this report: https://www.imarcgroup.com/tire-pressure-monitoring- system-market/requestsample

  4. Report Description and Highlights Report Description Global Tire Pressure Monitoring System (TPMS) Market Trends: The global market is primarily driven by considerable growth in the automotive sector. With the inflating per capita income levels of the masses and the escalating adoption of electric vehicles (EVs), there has been a rising preference towards the utilization of advanced driver-assistance systems (ADASs) to ensure optimum safety. TPMS forms an essential part of the ADASs as it employs innovative sensors to gather precise pressure information from the tire valves to display the same in real-time, thereby creating a positive outlook for the market. The market is further driven by continual technological advancements in the market, including the widespread integration of energy harvesting and display systems with TPMS to provide data and insights about the performance health of the vehicle. Moreover, numerous governing agencies are also mandating the installation of TPMS in vehicles in an attempt to minimize the incidences of road accidents, which is providing an impetus to the market growth. Some of the other factors contributing to the market growth include the growing consumer awareness regarding the importance of using TPMS in their vehicles and extensive research and development (R&D) activities conducted by key players. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 9.77% during 2022-2027. View Report TOC, Figures and Tables: https://www.imarcgroup.com/tire-pressure-monitoring-system- market

  5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Type: •Direct TPMS •Indirect TPMS Breakup by Technology: •Intelligent TPMS •Conventional TPMS Breakup by Vehicle Type: •Passenger Vehicles •Commercial Vehicles Breakup by Distribution Channel: •OEMs •Aftermarket

  6. Report Description and Highlights Report Description Breakup by Region: •North America •Asia Pacific •Europe •Latin America •Middle East and Africa Competitive Landscape with Key Players: •ATEQ •Bartec USA LLC •Bendix Commercial Vehicle Systems LLC (Knorr Brake Holding Corporation) •Continental Aktiengesellschaft •Denso Corporation •Hamaton Automotive Technology Co. Ltd. (Hangzhou Hamaton Intelligent Control Holdings Co. Ltd.) •Huf Hülsbeck & Fürst GmbH & Co. KG •Nira Dynamics AB •NXP Semiconductors N.V. •Pacific Industrial Co. Ltd. •Sensata Technologies Inc. •WABCO Holdings Inc. (ZF Friedrichshafen AG).

  7. Key Questions Answered in the Report Report Description 1. How has the global tire pressure monitoring system (TPMS) market performed so far and how will it perform in the coming years? What has been the impact of COVID-19 on the global tire pressure monitoring system (TPMS) market? What are the key regional markets? What is the breakup of the market based on the type? What is the breakup of the market based on the technology? What is the breakup of the market based on the vehicle type? What is the breakup of the market based on the distribution channel? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? 10. What is the structure of the global tire pressure monitoring system (TPMS) market and who are the key players? 11. What is the degree of competition in the industry? 2. 3. 4. 5. 6. 7. 8. 9.

  8. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global Tire Pressure Monitoring System (TPMS) Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

  9. Report DescriptionTable of Contents 6 Market Breakup by Type 6.1 Direct TPMS 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Indirect TPMS 6.2.1 Market Trends 6.2.2 Market Forecast 7 Market Breakup by Technology 7.1 Intelligent TPMS 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Conventional TPMS 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by Vehicle Type 8.1 Passenger Vehicles 8.1.1 Market Trends Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/tire-pressure-monitoring-system-market/toc

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  11. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

  12. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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