This report focuses on Automotive Tire Pressure Monitoring System volume and value at global level, regional level and company level. From a global perspective ... Read more
Market Overview:
Automotive TPMS helps in real-time monitoring of tire pressure and temperature in vehicle. It alerts the driver in case of low pressure or temperature variation via display unit. This improves vehicle handling, fuel efficiency and prevents road accidents.
Market key trends:
One of the key trends fueling the growth is the mandating of TPMS by regulatory bodies in countries across regions. For instance, European New Car Assessment Program (Euro NCAP) ... Read more
The automotive tire pressure monitoring system helps in constantly monitoring the tire pressure and temperature of vehicles. These systems improve vehicle safety and fuel efficiency by maintaining optimal tire pressure. Rising sales of electric vehiclesPropel Demand as they commonly employ direct tire pressure monitoring systems to enhance drivability and range.
The global Automotive Tire Pressure Monitoring System Market is estimated to be valued at US$ 7.17 Bn in 2023 and is ... Read more
