Tire Pressure Management Systems Market Production & Consumption Forecast 2028

[3/28/2019]:   The global tire pressure management systems market is set to grow at a significant CAGR during the forecast period. Engineering innovations have turned tire industry to enjoy a higher competitive advantage. Tire-pressure optimization techniques thus present a novel opportunity to offer an all-inclusive and smart solutions to the commercial vehicle industry. The tire pressure management systems consistently perform the system to ensure that every tire is properly inflated to a steady pressure along with accompanying tires.

Tire pressure management system market is driven by rise in regulatory framework for installation of tire pressure management systems in developed economies followed by growth in automotive industry that supplements the market growth. Increasing adoption of tire pressure management systems by automotive companies is more likely to create lucrative opportunities during the forecast period.

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By type, the tire pressure management systems industry segmentation comprises direct and indirect. Direct segment accounts for a higher market share during the forecast period. Vehicle type segmentation for tire pressure management system market comprises car, light commercial vehicle and heavy commercial vehicle. Light commercial vehicle dominates the market growth owing to increase in market value share.

Geographical segmentation for tire pressure management system industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America market is anticipated to rise at a higher rate owing to presence of technological infrastructure and key players. The rise in competitive edge between U.S. and APAC market leads the market to witness new opportunities in this phase.

The key players profiled in the tire pressure management systems market report are ATEQ, Continental AG, WABCO, Sensata Technologies Inc, Pacific Industrial Co Ltd, Hamaton Automation Technology, Denso Corporation, NIRA Dynamics AB, Bendix Commercial Vehicles Systems LLC, Dunlop Tech GmbH, Bartec USA LLC.

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Table of Contents:

1 Report Overview

2 Product Type Market

3 Product Application Market

4 Manufacturers Profiles/Analysis

5 Market Performance for Manufacturers

6 Regions Market Performance for Manufacturers

7 World Market Performance Point

8 Development Trend for Regions and Countries (Sales Point)

9 Upstream Source, Technology and Cost

10 Channel Analysis

11 Consumer Analysis

12 Market Forecast

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