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Market Dynamics
Tire blowouts while driving are cause for some accidents and human fatality. This happens due to underinflated or overinflated tyres. The demand for safety in automobiles has forced government to implement regulations such as TPMS across nations. The advanced safety system is demanded by the consumers in the light of high number of accidents due to tyre failure.The proper tyre inflations also aids in the fuel efficiency.At the same time there are some functional errors with TPMS, which tends to deter faith in the system. Also the awareness among the consumer of such systems are low which also inhibits the growth. However, the growing safety concern among the consumer will lead to tremendous growth in this market.
Market Segmentation
The global automotive TPMS market is segmented in to type, end user usage, vehicle type and geography.It is segmented by technology into Direct TPMS and Indirect TPMS. The direct TPMS uses pressure monitor sensors and is able to provide real time information on the tire pressure. This improves the safety of the users and it also provides for ease of use. Indirect TPMS does not use pressure sensors instead it measures the air pressure by monitoring the rotational speed of the wheel along with other signals. It is segmented by vehicle type in to Small Car, Mid-size Car, Large Car, Sports or SUV and Light Commercial Vehicles. It is segmented by end user usage in to OEM and Aftermarket
Regional/Geographic Analysis
There is a stable demand for TPMS in developed nations. And developing and emerging markets such as India and China will expect to see increase in the demand for TPMS system due to rising concern and rising demand. Also the government's intervention and regulation influence the market in a positive manner.
Key Players
The key players in the global automotive TPMS market are Sensata Technologies, Continental, Pacific Industrial, ALLIGATOR Ventilfabrik,HufHulsbeck&Furst, Schrader Electronics, ZF Friedrichshafen, Denso, Advantage PressurePro Enterprises, Alps Electric Co. Ltd, Bartec, Bendix Commercial Vehicle Systems, Delphi Automotive, Dill Air Control Products, Freescale Semiconductor, Doran Manufacturing LLC, Takata, Hella, Omron, Valeo and Valor TPMS.
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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