Government Regulations to Mandate Adoption of Automotive Tire Pressure Monitoring System, Fuelling Market Growth by 2029


Global Automotive Tire Pressure Monitoring System Market was valued USD XX Bn in 2019 and is expected to reach US$ 8 Bn by 2026, at CAGR of XX% during forecast period of 2019 to 2026.

Global-Automotive-Tire-Pressure-Monitoring-System-Market

Market Overview

The Global Automotive Tire Pressure Monitoring System Marketresearch report (2022-2029) analyses the market's size, share, future development, cost structure, and factual and comprehensive data. Planners and industry participants may find the research useful in developing their future business approaches. Market research Global Automotive Tire Pressure Monitoring System Market covers current and future trends that are driving the development of the market.

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Market Scope:

The analysis by Maximize Market Research focuses on the most important regional market share data. Simultaneously, it highlights the most important aspects of each regional market's growth tendencies. The research also provides critical information on important variables such as market share, size, and growth rate, based on the in-depth analysis. Other areas of the economic prognosis, such as investment feasibility, demand and supply, import and export status, supply chain management, and growth predictions, disclose a lot about the economy's prospects between 2022 and 2029. Each and every numerical and statistical data is presented in the tabular form and graphic images which are going to help incorporate in business presentation and quick decision making.

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Segmentation: 

Automotive tyre pressure tracking systems are divided into direct TPMS and indirect TPMS based on type. In 2018, the direct TMPS market category holds the top spot for tyre pressure monitoring systems. The direct TPMS offers a number of advantages, including accurate tyre pressure delivery, the ability to watch spare tyres, and no leaks in tyre pressure data due to tyre replacement or rotation.


The automotive tyre pressure tracking system is divided into intelligent TPMS and conventional TPMS based on technology. Due to its advantages, such as its ability to control engine power and braking at each wheel when a control computer detects a sideslip, the intelligent tyre pressure monitoring system segment has retained the lion's portion of the market.

Key Players:

  • • 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
    • ATEQ
    • Delphi Automotive
    • Calor TPMS
    • Infineon Technology
    • Lear Corporation
    • NIRA Dynamics AB

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Regional Analysis:

The global Global Automotive Tire Pressure Monitoring System Market's report focuses on the global regions such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Report also covers market Size of Global Automotive Tire Pressure Monitoring System Market along with growth forecast 2022-2029, including industries, major regional players/suppliers, and market share by regions. Government initiatives in the sector and regulations and rein in rising expenses drive the Global Automotive Tire Pressure Monitoring System Market growth in the region.

Key Questions answered in the Global Automotive Tire Pressure Monitoring System Market Report are:

  • What is Global Automotive Tire Pressure Monitoring System Market?
  • What is the forecast period of the Global Automotive Tire Pressure Monitoring System Market?
  • What is the competitive scenario of the Global Automotive Tire Pressure Monitoring System Market?
  • Which region held the largest market share in the Global Automotive Tire Pressure Monitoring System Market?
  • What are the opportunities for the Global Automotive Tire Pressure Monitoring System Market?
  • What factors are affecting the Global Automotive Tire Pressure Monitoring System Market growth?
  • Who are the key players of the Global Automotive Tire Pressure Monitoring System Market?
  • Which company held the largest share in the Global Automotive Tire Pressure Monitoring System Market?
  • What will be the CAGR of the Global Automotive Tire Pressure Monitoring System Market during the forecast period?
  • What key trends are likely to emerge in the Global Automotive Tire Pressure Monitoring System Market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Global Automotive Tire Pressure Monitoring System Market
  • Landscape- Leading key players and other prominent key players.

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Published in

Automotive , Business

Published on

Mar 08, 2023

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