Auto Industry News
Auto Bailout News
Auto Magazines
Auto Show News
Car Dealers News
|
Home | Automotive News | Submit Press Release |
(I-AutoNewsWire.com, January 28, 2016 ) The increase in vehicle sales as a result of growth in per capita income of consumers is another factor, which is driving the growth of the global tyre pressure monitoring system industry. The reduced fuel consumption, real time pressure & temperature monitoring, and increased lifespan of tyre are some of the advantages of tyre pressure monitoring system.
Browse Report at: https://www.psmarketresearch.com/market-analysis/tyre-pressure-monitoring-systems-market
The automotive safety systems have become more sophisticated, advanced, and efficient. The augmented adoption rate of automotive safety systems by the automotive industry has resulted in the reduced number of accidents and minimizes the impact of accidents on people. Tyre pressure monitoring systems (TPMS) is a device to control real time tyre pressure and temperature. It is used to monitor the air pressure inside the inflated tyres on several types of vehicles.
Browse Related Research: https://www.psmarketresearch.com/industry-report/automotive-and-transportation
North America dominated the global tyre pressure monitoring systems market in 2014. Europe is expected to dominate the global market and witness high growth in the future. The vehicles equipped with original equipment manufacturing accessories are more reliable, as compared to the after-market tyre pressure monitoring systems. The installation of safety systems, such as tyre pressure monitoring system have been made compulsory in developed countries, while the legislation in developing countries are creating higher growth opportunities. However, the high prices of TPMS are a major factor obstructing the growth of the global tyre pressure monitoring systems market.
Global Tyre Pressure Monitoring System Market Segmentation:
By Vehicle Type
Light commercial vehicle (LCV)
Heavy commercial vehicle (HCV)
Passenger Vehicle
By Technology
Direct TPMS
Indirect TPMS
By Channel Type
OEMs
Aftermarket
By Region
North America
U.S.
Canada
Rest of North America
Latin America
Mexico
Brazil
Rest of Latin America
Western Europe
Germany
Italy
France
U.K.
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia-Pacific
China
India
New Zealand
Australia
Rest of APAC
Middle East & Africa
South Africa
Rest of MEA
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, were keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Contact:
Abhishek
Executive Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
P&S Market Research
Abhishek
1-888-778-7886
enquiry@psmarketresearch.com
Source: EmailWire.Com
Source: EmailWire.com
|