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Tire Pressure Monitoring System (TPMS) Market 2015 - Worldwide Industry Is Expected to Grow at a CAGR of 15.71% During the Period 2014-2019

ResearchMoz.us includes new market research report " Global Tire Pressure Monitoring System (TPMS) Market 2015-2019: Global Industry Size, Shares, Growth, Analysis, Trends And Forecast" to its huge collection of research reports.

 

Albany, NY -- (SBWIRE) -- 07/29/2015 -- TPMS is an electronic system, designed to provide real-time information about tire pressure by monitoring the air pressure inside the tires. TPMS warns the driver about the number of underinflated tires. TPMS is classified into two categories: direct TPMS and indirect TPMS. Direct TPMS provides real-time information of the tire pressure using pressure monitoring sensors in the tires. As a result, automotive manufacturers are shifting their focus on the usage of direct TPMS sensors to improve the safety of the consumers.

Technavio's analysts forecast the global TPMS market to grow at a CAGR of 15.71% during 2014-2019. Technavio's report, Global TPMS Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. It also includes a discussion of the key vendors operating in this market.

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Key Regions:
Americas
APAC
EMEA

Key Vendors:
Continental
Pacific Industrial
Schrader Electronics

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Key Market Driver:
Government Regulations on Safety
For a full, detailed list, view our report

Key Market Challenge:
Functional Issues
For a full, detailed list, view our report

Key Market Trend:
High Demand from Emerging Markets
For a full, detailed list, view our report

Browse report at: http://www.researchmoz.us/global-tire-pressure-monitoring-system-tpms-market-2015-2019-report.html

Key Questions Answered in this Report:-

What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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