Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Tire Pressure Monitoring System market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Tire Pressure
Monitoring System market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Tire Pressure Monitoring System Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Tire Pressure
Monitoring System Market is offered. In
accordance with the report, the global Tire Pressure Monitoring System Market
is projected to expand at a CAGR of 5% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
The crucial
factors which propel the demand for the global tire pressure monitoring system
(TPMS) are stringent safety norms, and emerging safety awareness among end
users. Agencies for instance- New Car Assessment Program (NCAP) are also influencing
the manufacturers by awarding ratings to vehicles in terms of safety
performance. Tire pressure monitoring is compulsory in developed regions, while
regulation in developing countries are showing higher growth opportunities. Although
the global tire pressure monitoring systems market is growing by noteworthy
rate, barriers such as lack of standardization and high expense on tire
pressure monitoring would likely to restrain the growth of the global tire
pressure monitoring systems market. Studies carried out by one of the leading
tire companies displayed that almost 10- 15% under-inflation tires can lead to 5-8%
drop in expected tire life and 0-2% fall in fuel efficiency.
Segment Covered:
This market
intelligence report on the global Tire Pressure Monitoring System Market encompasses
market segments based on technology, vehicle type, distribution channel and country.
In terms of technology the global Tire Pressure
Monitoring System Market can be classified into:
·
Direct tire
pressure monitoring system
·
Indirect tire
pressure monitoring system
In
terms of vehicle type, the global Tire Pressure Monitoring System Market can be
classified into:
·
Light Commercial
Vehicle
·
Passenger
Vehicle
·
Heavy Commercial
Vehicle
In terms of distribution channel, the global Tire
Pressure Monitoring System Market can be classified into :
·
OEM
·
Aftermarket
By country/region, the global Tire Pressure Monitoring
System Market has been divided into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
ü Sensata Technologies Inc.
ü ZF Friedrichshafen
ü Continental AG
ü Pacific Industrial Co. Ltd
ü Huf Hülsbeck & Fürst GmbH & Co. KG
ü NIRA Dynamics
ü Others
others have been
profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as Tire Pressure Monitoring System Market related investment
& spending and developments by major players of the market are tracked in
this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2019-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the global Tire Pressure Monitoring System market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new Components of Packaging , competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the world Tire Pressure Monitoring System is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Sensata Technologies, Inc., Continental AG and
among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of spectral range, marketing
tactics and expansion, and technical up gradation
Ø
The world
market for Tire Pressure Monitoring System caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Tire
Pressure Monitoring System Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the investment
opportunities in the Tire Pressure Monitoring System Market
v
Identification
of key factors driving investment opportunities in the Tire Pressure
Monitoring System Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants