The Business Research Company’s Automotive Tire Pressure Monitoring System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Tire Pressure Monitoring System Global Market Report 2023 evaluates automotive tire pressure monitoring system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive tyre pressure monitoring system market size grew from $7.25 billion in 2022 to $8.6 billion in 2023 at a compound annual growth rate (CAGR) of 18.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the automotive tyre pressure monitoring system is expected to grow to $15.74 billion in 2027 at a CAGR of 16.3%.
The automotive tire pressure monitoring system market segments in the report are:
1) By Type: Direct TPMS, Indirect TPMS
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)
3) By Sales Channel Type: OEM, Aftermarket
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The table of contents in TBRC’s automotive tire pressure monitoring system market report includes.
1. Executive Summary
2. Automotive Tire Pressure Monitoring System Market Characteristics
3. Automotive Tire Pressure Monitoring System Market Trends And Strategies
4. Automotive Tire Pressure Monitoring System Market – Macro Economic Scenario
5. Automotive Tire Pressure Monitoring System Market Size And Growth
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26. Africa Automotive Tire Pressure Monitoring System Market
27. Automotive Tire Pressure Monitoring System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Tire Pressure Monitoring System Market
29. Automotive Tire Pressure Monitoring System Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- Continental AG,
- Sensata Technologies Inc
- Denso Corporation
- Pacific Industrial Co. Ltd.
- NXP Semiconductors,
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