Tire Pressure Monitoring Systems (TPMS) Market
Tire Pressure Monitoring Systems (TPMS) Market
Scope: Industry Analysis, Market Size, Growth,
Trends Till 2031
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Tire Pressure Monitoring Systems (TPMS) Market Size and Growth
The Tire Pressure Monitoring Systems (TPMS) market is experiencing robust growth, driven by increasing vehicle safety regulations and consumer awareness. The global market size is projected to reach approximately $2.5 billion by 2027, with a CAGR of around 7% due to advancements in automation and smart vehicle technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Dill Air Control Products
◍ Freescale Semiconductor
◍ Doran Manufacturing Llc
◍ Hella
◍ Huf Electronics Bretten
◍ OMRON
◍ ZF Trw
◍ Valor TPMS
◍ Schrader Electronic
◍ Continental
◍ Pacific Industrial
◍ Denso
◍ Alligator Ventilfabrik
◍ Alps Electric
◍ Bartec
◍ Bendix
The Tire Pressure Monitoring Systems (TPMS) market features key players like Dill Air Control, Freescale Semiconductor, and Continental, driving innovation and enhancing vehicle safety. These companies supply advanced sensors and technologies, boosting market growth. Revenue contributions include:
- Continental: €44.5 billion
- Denso: ¥5 trillion
- ZF TRW: €36 billion.
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Market Segmentation
By Application
Passenger Car
Commercial Vehicle
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By Product
One-way TPMS
Two-way TPMS
Market Growth
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$ X Billion USD
