Tire Pressure Monitoring System (TPMS) Market Is Poised to Exhibit a Moderate 6.7% CAGR in Terms of Value Through 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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