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(I-AutoNewsWire.com, November 29, 2017 ) TPMS is an electronic system, which provides real-time information about tire pressure by monitoring the air pressure inside the tires. The system basically comprises a potted tire pressure monitor sensor, which consists of a sensor chip. The sensor chip comes with integrated µ-controller and a transmitter that is designed to send signals to alert the driver of low pressure. These sensors are usually powered by lithium-ion battery and help in increasing fuel efficiency by continously monitoring the tire pressure, which plays a key role in vehicle efficiency.
Publisher's analysts forecast the global commercial vehicle tire pressure management system (TPMS) market to grow at a CAGR of 10.38% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-commercial-vehicle-tire-pressure-management-system-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global commercial vehicle tire pressure management system (TPMS) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Commercial Vehicle Tire Pressure Management System (TPMS) Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Continental - ZF - NXP Semiconductors - DENSO - Sensata Technologies - WABCO
Request Sample Copy at http://www.reportsweb.com/inquiry&RW00011261316/sample .
Other prominent vendors - Bendix Commercial Vehicles Systems - Datanet - Pacific Industrial - Ryder Fleet Products - Schrader-Bridgeport International
Market driver - Discount in insurance premium for adoption of vehicle safety system like TPMS - For a full, detailed list, view our report
Market challenge - High cost associated with direct TPMS - For a full, detailed list, view our report
Market trend - Development of Bluetooth-enabled TPMS - For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW00011261316/buying .
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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