The Business Research Company’s report goes into great detail on the automotive tire pressure monitoring system market size and growth, automotive tire pressure monitoring system market regional analysis, automotive tire pressure monitoring system market competitive landscape, and other critical information needed to excel in the automotive tire pressure monitoring system industry.

Major players in the automotive tire pressure monitoring system market include Continental AG, Sensata Technologies Inc., Denso Corporation, Pacific Industrial Co. Ltd, NXP Semiconductors, Huf Hülsbeck & Fürst GmbH & Co. KG, Nira Dynamics AB, Hamaton Automotive Technology Co. Ltd., ATEQ TPMS, Alligator Ventilfabrik GmbH, Alps Alpine Co. Ltd, Doran Manufacturing, Bartec USA LLC, Dill Air Controls Products, ZF Friedrichshafen AG, and DUNLOP TECH GmbH.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global automotive tire pressure monitoring systems market size is expected to grow from $6.00 billion in 2021 to $7.14 billion in 2022 at a compound annual growth rate (CAGR) of 19.0%. The global automotive tire pressure monitoring market size is expected to grow to $12.61 billion in 2026 at a CAGR of 15.3%.

North America was the largest region in the automotive tire pressure monitoring system market in 2021.

The automotive tire pressure monitoring systems market consists of the sales of automotive tire pressure monitoring systems by entities (organizations, partnerships, and sole proprietors) that are used to monitor the pressure of tires in vehicles by using pressure sensors. The automotive tire pressure monitoring system (TPMS) is an electronic system that monitors the tire’s internal air pressure and gives real-time data on tire pressure. It also helps to warn the driver about the underinflated tires.

The growing number of accidents is expected to propel the growth of the automotive tire pressure monitoring systems market over the coming years.

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Technological advancements have emerged as the key trend gaining popularity in the automotive tire pressure monitoring systems market. Major companies operating in the automotive TPMS sector are focused on research activities and new product innovations with advanced technologies for market growth.

TBRC’s Global Automotive Tire Pressure Monitoring System Market Report Is Segmented:
By Type: Direct TPMS, Indirect TPMS

By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)

By Sales Channel Type: OEM, Aftermarket

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Automotive Tire Pressure Monitoring System Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the automotive tire pressure monitoring system market globally and regionally, analyzes and forecasts market size, share, automotive tire pressure monitoring system market players, automotive tire pressure monitoring system market segments, leading competitor revenues, profiles and market shares.

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