Tyre Pressure Monitoring System (TPMS) is an automotive safety system that uses pressure sensors to monitor the air pressure in your vehicle’s tyres and provide real-time feedback to the driver. TPMS helps to ensure that tyres are properly inflated and prevents uneven tyre wear, which can extend tyre life and improve fuel economy. It can also reduce the risk of tyre blowouts, which are potentially dangerous to road safety.
TPMS is becoming increasingly common in automobiles around the world, as countries like the United States, Canada, and many parts of Europe have implemented legislation mandating the use of TPMS in vehicles. In these countries, it is now a legal requirement for all vehicles to install a TPMS. As of 2020, over 90% of new vehicles in the US come with TPMS as standard. The use of TPMS is also gaining traction in Asia and other regions, with China leading the way in terms of adoption.
A detailed market research report on Global Tyre Pressure Monitoring System (TPMS) Market available at: https://www.themarketreports.com/report/global-tyre-pressure-monitoring-system-tpms-market-research-report
This report aims to provide a comprehensive presentation of the global market for Tyre Pressure Monitoring System (TPMS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tyre Pressure Monitoring System (TPMS).
Schrader (Sensata) is estimated to have a major share in the China market with 26%.
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