Introduction

Tire pressure monitoring system is an electronic system that helps to monitor the air pressure of vehicles tire in real time and it also alerts the driver using an alarm and it displays the real time pressure and temperature on a LCD. A reduction in the air pressure of the tire results in decreased tire life, safety, mileage, and vehicle performance. One of the major advantages of introducing such system is that they improve convenience during driving and also helps to reduce number of accidents. It also helps to increase the fuel mileage, tires shelf life and provides proper vehicle handling.

The growth of tire pressure monitoring system market is majorly driven by numerous factors like increase in demand for luxury cars and rise in economic and environmental policies across the globe. These factors increases the focus of customers towards adaptations of advanced safety systems like tire pressure monitoring indicators, anti- break system, and electronic stability control in the vehicles. This will result in growth of automotive aftermarket in turn in the growth of the global market. Moreover, new regulations are introduced in developing countries that demand the installation of tire pressure monitoring systems which increases the global market size of tire pressure monitoring system. However, errors that occur in functionality and high price of tire pressure monitoring system are restricting the target market growth.

Tire pressure monitoring system market is segmented based on technology, vehicle types, and region. Based on technology, the global market is characterized into direct and indirect tire monitoring market. Based on vehicle type, the global system market is sub-divided into passenger car, light commercial vehicle and heavy commercial vehicle. On the basis of region, the global tire pressure monitoring system market is subdivided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Amongst these, Asia Pacific region is expected to be the most emerging market for the global market due to the increased adoption rate of such systems and boom in automotive sector. This results in the production of a large number of automobiles, which are installed with tire pressure monitoring systems, especially in countries such as China, Japan, and India. The market in North America is currently accounted for highest revenue share in the global tire pressure monitoring systems market due to increasing adoption of tire pressure monitoring systems as mandatory rules and regulations are acted by countries in the region. Various decisions made by European countries have negatively affected business in the region like rise in revised taxes during Br-exit has hampered the production and sales of automobiles in Europe.

Major players operating in the tire pressure monitoring system market are Valeo SA, Robert Bosch GMbH, ZF Friedrichshafen AG, Continental AG, Sensata Technologies, Inc., Denso Corporation, Pacific Industrial Co., Ltd., NXP Semiconductors, WABCOHoldings Inc., Huf Hülsbeck & Fürst GmbH Keep.

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Preview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Technology
     • Market Snippet, By Vehicle Type
     • Market Snippet, By Region
   • Opportunity Map Analysis
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Market Trends
   • Product Launch
   • Merger and Acquisitions
   • Impact Analysis
   • PEST Analysis
   • Porter’s Analysis
4. Market Segmentation, By Technology, 2020 – 2030, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Segment Trends
   • Direct Tire Pressure Monitoring System
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
   • Indirect Tire Pressure Monitoring System
     • Overview
     • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030

Market Segmentation, By Vehicle Type, 2020 – 2030, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
  • Y-o-Y Growth Analysis (%), 2020 – 2030
  • Segment Trends
• Passenger Vehicle
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
• Light Commercial Vehicle
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
• Heavy Commercial Vehicle
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030

1. Global Market, By Region, 2020 – 2030, (US$ Bn)
   • Overview
     • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 — 2030
     • Y-o-Y Growth Analysis (%), 2020 – 2030
     • Regional Trends
   • North America
     • Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • U.S.
       • Canada
   • Europe
     • Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • Germany
       • UK
       • France
       • Russia
       • Italy
       • Rest of Europe
   • Asia Pacific
     • Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • China
       • India
       • Japan
       • South Korea
       • Rest of Asia Pacific
   • Latin America
     • Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • Brazil
       • Mexico
       • Rest of Latin America
   • Middle East & Africa
     • Market Size and Forecast (US$ Bn), By Technology, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Vehicle Type, 2020 – 2030
     • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
       • GCC
       • Israel
       • South Africa
       • Rest of Middle East
2. Competitive Landscape
   • Heat Map Analysis
   • Company Profiles
     • Valeo SA
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Robert Bosch GMbH
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • ZF Friedrichshafen AG
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Continental AG
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Sensata Technologies
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Denso Corporation
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Pacific Industrial Co., Ltd.,
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • NXP Semiconductors
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • WABCOHoldings Inc.
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
     • Huf Hülsbeck & Fürst GmbH Keep
       • Company Overview
       • Product Portfolio
       • Key Highlights
       • Financial Overview
   • Analyst Views
3. Section
   • Research Methodology
   • About Us
   • Contact