Global Tire Pressure Monitoring Systems Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast

The global tire pressure monitoring systems (TPMS) market research report provides detailed information about the industry based on the revenue (USD MN) for the forecast period. The research study is a descriptive analysis of this market emphasizing the market drivers and restraints that govern the overall market growth. The trends and future prospects for the market are also included in the report which gives an intellectual understanding of the tire pressure monitoring systems industry. Furthermore, the report quantifies the market share held by the major players of the industry and provides an in-depth view of the competitive landscape. This market is classified into different segments with detailed analysis of each with respect to geography for the study period.
 
Study period considered for research of global tire pressure monitoring systems market:

• Base Year: 2015
• Estimated Year: 2016
• Forecast Till: 2022

 
A glimpse of the major drivers and restraints affecting the tire pressure monitoring systems market is mentioned below:
 
Drivers

• Strict safety norms
• Increasing health and safety awareness among consumers
• Technological advancement

 
Restraints

• Lack of standardization
• High prices of tire pressure monitoring systems

 
The report offers a value chain analysis that gives a comprehensive outlook of the tire pressure monitoring systems market. The attractiveness analysis of this market has also been included to evaluate the segments that are anticipated to be profitable during the forecast period.
 
The tire pressure monitoring systems market has been segmented based on vehicle types such as light commercial vehicle (LCV), heavy commercial vehicle (HCV), and passenger vehicle. The study incorporates periodic market estimates and forecasts. Each vehicle type has been analyzed based on the market size at regional and country levels.
 
The tire pressure monitoring systems market has been segmented based on technology such as direct TPMS, and indirect TPMS. The report provides forecast and estimates for each technology in terms of market size during the study period. Each technology has been further analyzed based on regional and country levels.
 
The tire pressure monitoring systems market has been segmented based on channel type such as OEM, and aftermarket. The study incorporates periodic market estimates and forecasts. Each channel type has been analyzed based on the market size at regional and country levels.
 
Geographically, the tire pressure monitoring systems market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size.
 
The report also studies the competitive landscape of the global market with company profiles of players such as Schrader Electronics, TRW Automotive, AVE technologies, Bartec USA LLC and General Electric. A detailed description of each has been included, with information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments. This analysis gives a thorough idea about the competitive positioning of market players. The report also gives information of tire pressure monitoring systems market’s mergers/acquisitions, partnerships, collaborations, new product launches, new product developments and other industry developments.
 
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
 
SEGMENTATIONS IN REPORT:
Tire Pressure Monitoring Systems Market Analysis by Vehicle Type:

• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle (HCV)
• Passenger Vehicle

 
Tire Pressure Monitoring Systems Market Analysis by Technology:

• Direct TPMS
• Indirect TPMS

 
Tire Pressure Monitoring Systems Market Analysis by Channel Type:

• OEM
• Aftermarket

 
Tire Pressure Monitoring Systems Market Analysis by Geography:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East And Africa