Global Tire Pressure Monitoring Systems (TPMS) Market Report 2022: A $13.37 Billion Market by 2026 - Rising Number of Road Accidents Demands Adoption of Tire Monitoring Systems - ResearchAndMarkets.com

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DUBLIN, May 24, 2022--(BUSINESS WIRE)--The "Tire Pressure Monitoring Systems Market Research Report by Type (Direct TPMS and Indirect TPMS), Vehicle, End User, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Tire Pressure Monitoring Systems Market size was estimated at USD 8,003.84 million in 2020, USD 8,653.99 million in 2021, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.94% to reach USD 13,379.71 million by 2026.

In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Tire Pressure Monitoring Systems Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.

It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.

Company Usability Profiles:

  • Advantage PressurePro, LLC

  • Alps Electric Co., Ltd.

  • Aptiv PLC

  • Autel Intelligent Technology Corp., Ltd.

  • AVE Technologies S.r.l.

  • Bartec USA LLC

  • Bendix Commercial Vehicle Systems LLC

  • Continental AG

  • DENSO Corporation

  • Dill Air Controls Products

  • Doran Manufacturing LLC

  • Dunlop Tech GmbH

  • Harman International Industries, Incorporated

  • Hella KGaA Hueck & Co.

  • Huf Electronics Bretten GmbH

  • NSK Ltd.

  • NXP Semiconductors N.V.

  • Pacific Industrial Co., Ltd.

  • Robert Bosch GmbH

  • Sensata Technologies, Inc.

  • Valeo S.A.

  • WEGMANN automotive GmbH

  • ZF Friedrichshafen AG

Key Topics Covered:

1. Preface

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Limitations

1.7. Assumptions

1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective

2.2. Determine: Research Design

2.3. Prepare: Research Instrument

2.4. Collect: Data Source

2.5. Analyze: Data Interpretation

2.6. Formulate: Data Verification

2.7. Publish: Research Report

2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Rising Number of Road Accidents Demands Adoption of Tire Monitoring Systems

5.1.1.2. Growing Automotive Sector With Demand for Luxury And Premium Cars

5.1.1.3. Consumer Awareness in Adopting Enhanced Safety Systems Such as Anti Brake Systems & Electronic Stability in Vehicles

5.1.2. Restraints

5.1.2.1. Capital Intensive Monitoring Systems

5.1.3. Opportunities

5.1.3.1. Stringent Government Mandates To Reduce Vehicular Emission And Enhance Fuel Efficiency

5.1.3.2. Growing Technological Advancements that Offer Improved Performance for Vehicles

5.1.4. Challenges

5.1.4.1. A Dearth of Standardization Protocols

5.2. Cumulative Impact of COVID-19

6. Tire Pressure Monitoring Systems Market, by Type

6.1. Introduction

6.2. Direct TPMS

6.3. Indirect TPMS

7. Tire Pressure Monitoring Systems Market, by Vehicle

7.1. Introduction

7.2. Heavy Commercial Vehicles

7.3. Light Commercial Vehicles

7.4. Passenger Vehicles

8. Tire Pressure Monitoring Systems Market, by End User

8.1. Introduction

8.2. Aftermarket

8.3. OEM

9. Americas Tire Pressure Monitoring Systems Market

9.1. Introduction

9.2. Argentina

9.3. Brazil

9.4. Canada

9.5. Mexico

9.6. United States

10. Asia-Pacific Tire Pressure Monitoring Systems Market

10.1. Introduction

10.2. Australia

10.3. China

10.4. India

10.5. Indonesia

10.6. Japan

10.7. Malaysia

10.8. Philippines

10.9. Singapore

10.10. South Korea

10.11. Taiwan

10.12. Thailand

11. Europe, Middle East & Africa Tire Pressure Monitoring Systems Market

11.1. Introduction

11.2. France

11.3. Germany

11.4. Italy

11.5. Netherlands

11.6. Qatar

11.7. Russia

11.8. Saudi Arabia

11.9. South Africa

11.10. Spain

11.11. United Arab Emirates

11.12. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix

12.1.1. Quadrants

12.1.2. Business Strategy

12.1.3. Product Satisfaction

12.2. Market Ranking Analysis

12.3. Market Share Analysis, By Key Player

12.4. Competitive Scenario

12.4.1. Merger & Acquisition

12.4.2. Agreement, Collaboration, & Partnership

12.4.3. New Product Launch & Enhancement

12.4.4. Investment & Funding

12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/xqz178

View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005975/en/

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