Global Tire Pressure Sensor market cagr 12.7%

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Tire Pressure Sensor Market

Tire Pressure Sensor Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Tire Pressure Sensor Market Size and Growth

The Tire Pressure Sensor market is experiencing robust growth, driven by increasing vehicle production and safety regulations. In 2023, the market size is estimated to reach $3 billion, with a projected CAGR of 8% through 2030. Rising consumer awareness of vehicle safety further propels demand for advanced tire monitoring solutions. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Bosch

◍ Denso

◍ Sensata

◍ Amphenol

◍ NXP Semiconductors

◍ Infineon

◍ STMicroelectronics

◍ TE Connectivity

◍ Omron

◍ Honeywell

◍ Siemens

◍ Continental AG

◍ Panasonic

◍ Emerson

◍ ABB

◍ Yokogawa Electric Corporation

◍ KEYENCE

The Tire Pressure Sensor Market is driven by safety regulations and vehicle performance demands. Companies like Bosch, Denso, and Sensata innovate with advanced sensing technologies, enhancing reliability. They contribute through R&D and partnerships, expanding application scope in automotive safety.

Significant revenues include: Bosch (€78B), Denso ($48B), and Continental AG (€44B).

◍ Keller

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Market Segmentation

By Application

◍ Commercial Vehicle

By Product

Above 1800kPa ◍ Passenger Car

◍ 100kPa - 450kPa ◍ 450 kPa - 900kPa ◍ 900 kPa - 1800kPa

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Market Growth

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$ X Billion USD

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