Global Automotive TPMS Market Is Anticipated to Have a Lucrative CAGR of 6.7% During 2016 – 2024
Rising focus on fuel economy improvement, reduction of property damage caused by accidents due to low tire pressure, increasing automotive safety systems adoption and austerity government regulations for TPMS equipment in passenger vehicles are factors influencing the growth in demand for global automotive tire pressure monitoring systems market during the forecast period, 2016 to 2024. The global market for automotive TPMS has witnessed steady growth in recent past with market revenue of US $7,593.7 million in 2016 and it is...
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