Global Automotive TPMS(Tire-Pressure Monitoring System) market cagr 13.4%

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Automotive TPMS ( TirePressure

Monitoring System) Market

Automotive TPMS ( Tire-Pressure Monitoring System) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automotive TPMS ( Tire-Pressure Monitoring System)

Market Size and Growth

The Automotive TPMS market is experiencing significant growth due to increasing vehicle safety regulations and consumer awareness. Current market size is estimated at $4 billion, projected to expand at a CAGR of 8% through 2028. Advancements in technology and integration with smart vehicle systems further drive demand for TPMS solutions. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Sensata Technologies

◍ Continental

◍ Pacific Industrial

◍ ZF TRW Automotive Holdings

◍ Huf Electronics

◍ Delphi Automotive

◍ Bartec USA

◍ Bendix Commercial Vehicle Systems

The Automotive TPMS market features key players such as Sensata Technologies, Continental, and Huf Electronics, focusing on innovation and compliance. These companies enhance vehicle safety and efficiency, driving market growth.

Sales revenue highlights:

- Sensata Technologies: $3.3 billion (2022)

- Continental: €39 billion (2022)

- Delphi Automotive: $14.3 billion (2022)

◍ Advanced Vehicle Electronic Technology

◍ Nira Dynamics

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Market Segmentation

By Application

Passenger Car

Commercial Vehicle

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By Product

Direct TPMS

Indirect TPMS

Market Growth

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$ X Billion USD

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Global Automotive TPMS(Tire-Pressure Monitoring System) market cagr 13.4% by ReportPrime - Issuu