Automotive Tire Pressure Monitoring System (TPMS) Market to Expand at a CAGR of 6.7% by 2024
Stringent government regulations to equip TPMS in passenger vehicles, growing adoption of automotive safety systems and rising focus on improving fuel economy and reducing property damage as a result of accidents associated with low tire pressure are key factors expected to fuel demand for automotive TPMS over the forecast period (2016-2024).
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