Los Angeles, CA -- (SBWIRE) -- 04/12/2019 -- A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. TPMS report real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The target of a TPMS is avoiding traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of a hazardous state of the tires.

Market competition is intense. Schrader (Sensata), Continental, ZF TRW, Pacific Industrial, Huf, Denso, are the leaders of the industry, and Schrader (Sensata) hold key technologies and patents with the most market share of 26% in 2018. Followed Schrader (Sensata); Continental is in the second place around the world. Chinese players also witnessed a high pace development in this years.

The global Automobile TPMS market was 3160 million US$ in 2018 and is expected to 4570 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2019 and 2025.

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This report studies the Automobile TPMS market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automobile TPMS in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Schrader (Sensata)

Continental

ZF TRW

Pacific Industrial

Huf

Denso

Lear

Bendix

Baolong Automotive

Sate Auto Electronic

ACDelco

CUB Elecparts

NIRA Dynamics

Orange Electronic

Shenzhen Autotech

Steelmate

Nanjing Top Sun

Shenzhen Hangshen

By the product type, the market is primarily split into

Direct TPMS

Indirect TPMS

By the end users/application, this report covers the following segments

Passenger Vehicle

Commercial Vehicle

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