Global Tire Pressure Monitoring Systems Market Analysis, 2020

Global Tire Pressure Monitoring Systems Market Analysis, 2020

By Technology (Direct and Indirect Tire Pressure Monitoring Systems), By Vehicles (Passenger Vehicles and Commercial Vehicles), By Sales Channel (OEMs and Aftermarket), By Region (North America, South Read more

  • Automotive
  • Dec 2019
  • 222
  • AT10205

Tire pressure monitoring systems are active safety systems installed in commercial cars and passenger cars. According to MarkNtel Advisors’ research report titled “Global Tire Pressure Monitoring System Market Analysis, 2020”, the CAGR of Global Tire Pressure Monitoring System market is projected to be around 9% during 2020-25. At present, Europe has overtaken North America in the demand for tire pressure monitoring systems. Asia-Pacific is witnessing robust growth since the recent years due to an increased demand for high-end luxury cars in countries such as China and India. China is a lucrative market for TPMS; the demand for TPMS installed passenger cars in China exceeded 14 million sets in 2018. China was the third-largest market for TPMS after Europe and North America in 2019.

 

Report Coverage Details
Study Period   Historical Data: 2015-19
  Base Year: 2019
  Forecast Period: 2020-25
Regions Covered   North America
  Europe
  Asia-Pacific
  South America
  Middle East & Africa
Unit Denominations   USD Million/Billion

According to MarkNtel Advisors, OEMs led the global market with a considerably high market share in 2019. Aftermarket and retrofitting of TPMS are gaining considerable traction in economy cars. In 2018, Maruti Suzuki in India offered TPMS as an optional accessory in cars such as Vistara Brezza, Swift Dzire, and Swift. The Maruti dealers are successfully able to fit the accessory in all the models. This will aid in a surge in the aftermarket segment from 2020-25.

 

Direct tire pressure monitoring segment accounted for the highest market share in 2019, however, indirect tire pressure monitoring systems are projected to grow in the coming years. 

Government Regulations for Mandatory Installation of Tire Pressure Monitoring Systems

The European Commission made mandatory the installation of tire pressure monitoring system and other driver safety monitoring systems in all the vehicles from 2012. Owing to the safety concerns of the individuals and in an effort to curb road accidents, the demand for tire pressure monitoring systems is estimated to escalate at a rapid rate especially in Europe and North America.

According to MarkNtel Advisors’ research report on “Global Tire Pressure Monitoring System Market Analysis, 2020”, the major leaders in the market of tire pressure monitoring systems are Continental AG, Denso Corporation, Delphi Automotive, Sensata Technologies, Dunlop Tech Gbmh, Wabco, Bendix Commercial Vehicle Systems LLC, Schrader Electronics, Pacific Industrial Co., Ltd., Huf and Hlsbeck & Frst Gmbh & Co.

Key Questions Answered in the Market Research Report 

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Two Wheeler Brake Components Market?
  2. What are the region wise industry size, growth drivers and challenges key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Global Two Wheeler Brake Components Market?  
  4. Who are the key competitors or market players and how they perform in Global Two Wheeler Brake Components Market on the basis of competitive benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of Global Two Wheeler Brake Components Market study?   

Market Outlook, Segmentation and Statistics 

  • Market Size & Analysis
    • Market Revenue
    • Units Sold
  • Market Share & Analysis
    • By Vehicle
      • Motorcycle
      • Moped/Scooter
    • By Sales Channel
      • OEM
      • Replacement
    • By Product Type
      • Brake Caliper
      • Brake Shoe
      • Brake Pad
    • By Region
      • North America
        • United states
        • Canada
        • Mexico
      • South America
        • Brazil
        • Argentina
        • Colombia
      • Europe
        • United Kingdom
        • Italy
        • Spain
        • Germany
        • France
      • Middle East 
        • UAE
        • Iran
        • Saudi Arabia
        • Africa
        • South Africa
        • Morocco
      • Asia-Pacific
        • China
        • India
        • Japan
        • Indonesia
        • Thailand
        • Philippines
        • Vietnam
    • By Company
      • Revenue Shares
      • Strategic Factorial Indexing
      • Competitor Placement in Markntel Quadrant
  • Global Two Wheeler Brake Component Market Policies, Regulations, Application Standards
  • Global Two Wheeler Brake Component Market Hotspot and Opportunities
  • Global Two Wheeler Brake Component Market Key Strategic Imperatives for Success and Growth

Frequently Asked Questions 

Q. What would be the growth rate or CAGR of Global Two Wheeler Brake Component Market during 2020-25?
A. The market size of Global Two Wheeler Brake Component Market during 2020-25 is forecast to be around 8%.

Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.

Q. Who are the key competitors or players operating in Global Two Wheeler Brake ComponentsMarket? 
A. Bosch Limited, Nissin Kogyo Co., Ltd, AC Delco, Brake Parts Ltd., Endurance Technologies Limited, Akebono Brake Industry Co., Ltd, Brakes India Limited, Continental AG, Sundaram Brake Lining Ltd., and Rane Holdings Limited are few of the leading players in the Global Two Wheeler Brake ComponentsMarket.

Q. Does the report scope cover Global Two Wheeler Brake Components type and region wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Two Wheeler Brake Components type and region wise statistics such as market size, market segmentation based on various subcategories.

Q. Which sales channel would emerge as an opportunity area for players in Global Two Wheeler  Brake ComponentsMarket?
A. Replacement segment will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Two Wheeler  Brake Components Market.

1.     Introduction

1.1. Product Definition

1.2. Research Process

1.3. Assumptions

1.4. Market Segmentation

2.     Executive Summary

3.     Expert Verbatim- What our Experts Say?

4.     Global Tire Pressure Monitoring System Market Analysis, 2015-2025F

4.1.   Market Potential & Analysis

4.1.1. Market Revenue

4.1.2. Units Sold

4.2.   Market Segmentation & Analysis

4.2.1. By Technology

4.2.1.1. Direct Tire Pressure Monitoring System

4.2.1.2. Indirect Tire Pressure Monitoring System

4.2.2. By Sales Channel

4.2.2.1.         OEMs

4.2.2.2.         Aftermarket

4.2.3. By Vehicle Type

4.2.3.1. Passenger Vehicle

4.2.3.2. Commercial Vehicle

4.2.4. By Region

4.2.4.1. North America

4.2.4.2. South America

4.2.4.3. Europe

4.2.4.4. Middle East

4.2.4.5. Africa

4.2.4.6. Asia-Pacific

4.2.5. By Company

4.2.5.1. Revenue Shares

4.2.5.2. Strategic Factorial Indexing

4.2.5.3. Competitor Placement in MarkNtel Quadrant

5.     North America Tire Pressure Monitoring System Market Analysis, 2015-2025F

5.1.   Market Potential & Analysis

5.1.1. Market Revenue

5.1.2. Units Sold

5.2.   Market Segmentation & Analysis

5.2.1. By Technology

5.2.2. By Sales Channel

5.2.3. By Vehicle Type

5.2.4. By Country

5.2.4.1. United States

5.2.4.2. Canada

5.2.4.3. Mexico

5.3.   United States Tire Pressure Monitoring System Market Analysis, 2015-2025F

5.3.1. Market Potential & Analysis

5.3.1.1. Market Revenue

5.3.1.2. Units Sold

5.3.2. Market Segmentation & Analysis

5.3.2.1. By Technology

5.3.2.2. By Sales Channel

5.3.2.3. By Vehicle Type

5.4.   Canada Tire Pressure Monitoring System Market Analysis, 2015-2025F

5.4.1. Market Potential & Analysis

5.4.1.1. Market Revenue

5.4.1.2. Units Sold

5.4.2. Market Segmentation & Analysis

5.4.2.1. By Technology

5.4.2.2. By Sales Channel

5.4.2.3. By Vehicle Type

5.5.   Mexico Tire Pressure Monitoring System Market Analysis, 2015-2025F

5.5.1. Market Potential & Analysis

5.5.1.1. Market Revenue

5.5.1.2. Units Sold

5.5.2. Market Segmentation & Analysis

5.5.2.1. By Technology

5.5.2.2. By Sales Channel

5.5.2.3. By Vehicle Type

6.     South America Tire Pressure Monitoring System Market Analysis, 2015-2025F

6.1.   Market Potential & Analysis

6.1.1. Market Revenue

6.1.2. Units Sold

6.2.   Market Segmentation & Analysis

6.2.1. By Technology

6.2.2. By Sales Channel

6.2.3. By Vehicle Type

6.2.4. By Country

6.2.4.1.   Brazil

6.2.4.2.   Argentina

6.2.4.3.   Others

6.3.   Argentina Tire Pressure Monitoring System Market Analysis, 2015-2025F

6.3.1. Market Potential & Analysis

6.3.1.1. Market Revenue

6.3.1.2. Units Sold

6.3.2. Market Segmentation & Analysis

6.3.2.1.   By Technology

6.3.2.2.   By Sales Channel

6.3.2.3.   By Vehicle Type

6.4.   Brazil Tire Pressure Monitoring System Market Analysis, 2015-2025F

6.4.1. Market Potential & Analysis

6.4.1.1.   Market Revenue

6.4.1.2.   Units Sold

6.4.2. Market Segmentation & Analysis

6.4.2.1.   By Technology

6.4.2.2.   By Sales Channel

6.4.2.3.   By Vehicle Type

7.     Europe Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.1.   Market Potential & Analysis

7.1.1. Market Revenue

7.1.2. Units Sold

7.2.   Market Segmentation & Analysis

7.2.1. By Technology

7.2.2. By Sales Channel

7.2.3. By Vehicle Type

7.2.4. By Country

7.2.4.1. France

7.2.4.2. Germany

7.2.4.3. Italy

7.2.4.4. Spain

7.2.4.5. United Kingdom

7.2.4.6. Others

7.3.   France Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.3.1. Market Potential & Analysis

7.3.1.1.         Market Revenue

7.3.1.2.         Units Sold

7.3.2. Market Segmentation & Analysis

7.3.2.1.         By Technology

7.3.2.2.         By Sales Channel

7.3.2.3.         By Vehicle Type

7.4.   Germany Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.4.1. Market Potential & Analysis

7.4.1.1.         Market Revenue

7.4.1.2.         Units Sold

7.4.2. Market Segmentation & Analysis

7.4.2.1.         By Technology

7.4.2.2.         By Sales Channel

7.4.2.3.         By Vehicle Type

7.5.   Italy Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.5.1. Market Potential & Analysis

7.5.1.1.         Market Revenue

7.5.1.2.         Units Sold

7.5.2. Market Segmentation & Analysis

7.5.2.1. By Technology

7.5.2.2. By Sales Channel

7.5.2.3. By Vehicle Type

7.6.   Spain Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.6.1. Market Potential & Analysis

7.6.1.1. Market Revenue

7.6.1.2. Units Sold

7.6.2. Market Segmentation & Analysis

7.6.2.1. By Technology

7.6.2.2. By Sales Channel

7.6.2.3. By Vehicle Type

7.7.   United Kingdom Tire Pressure Monitoring System Market Analysis, 2015-2025F

7.7.1. Market Potential & Analysis

7.7.1.1. Market Revenue

7.7.1.2. Units Sold

7.7.2. Market Segmentation & Analysis

7.7.2.1. By Technology

7.7.2.2. By Sales Channel

7.7.2.3. By Vehicle Type

8.     Middle East Tire Pressure Monitoring System Market Analysis, 2015-2025F

8.1.   Market Potential & Analysis

8.1.1. Market Revenue

8.1.2. Units Sold

8.2.   Market Segmentation & Analysis

8.2.1. By Technology

8.2.2. By Sales Channel

8.2.3. By Vehicle Type

8.2.4. By Country

8.2.4.1. Saudi Arabia

8.2.4.2. UAE

8.2.4.3. Others

8.3.   Saudi Arabia Tire Pressure Monitoring System Market Analysis, 2015-2025F

8.3.1. Market Potential & Analysis

8.3.1.1. Market Revenue

8.3.1.2. Units Sold

8.3.2. Market Segmentation & Analysis

8.3.2.1. By Technology

8.3.2.2. By Sales Channel

8.3.2.3. By Vehicle Type

8.4.   UAE Tire Pressure Monitoring System Market Analysis, 2015-2025F

8.4.1. Market Potential & Analysis

8.4.1.1. Market Revenue

8.4.1.2. Units Sold

8.4.2. Market Segmentation & Analysis

8.4.2.1. By Technology

8.4.2.2. By Sales Channel

8.4.2.3. By Vehicle Type

9.     Africa Tire Pressure Monitoring System Market Analysis, 2015-2025F

9.1.   Market Potential & Analysis

9.1.1. Market Revenue

9.1.2. Units Sold

9.2.   Market Segmentation & Analysis

9.2.1. By Technology

9.2.2. By Sales Channel

9.2.3. By Vehicle Type

9.2.4. By Country

9.2.4.1.  South Africa

9.2.4.2.   Others

9.3.   South Africa Tire Pressure Monitoring System Market Analysis, 2015-2025F

9.3.1. Market Potential & Analysis

9.3.1.1. Market Revenue

9.3.1.2. Units Sold

9.3.2. Market Segmentation & Analysis

9.3.2.1. By Technology

9.3.2.2. By Sales Channel

9.3.2.3. By Vehicle Type

10.  Asia-Pacific Tire Pressure Monitoring System Market Analysis, 2015-2025F

10.1.              Market Potential & Analysis

10.1.1.   Market Revenue

10.1.2.   Units Sold

10.2.              Market Segmentation & Analysis

10.2.1.   By Technology

10.2.2.   By Sales Channel

10.2.3.   By Vehicle Type

10.2.4.   By Country

10.2.4.1. China

10.2.4.2. India

10.2.4.3. Japan

10.2.4.4. South Korea

10.2.4.5. Others

10.3.China Tire Pressure Monitoring System Market Analysis, 2015-2025F

10.3.1.   Market Potential & Analysis

10.3.1.1. Market Revenue

10.3.1.2. Units Sold

10.3.2.   Market Segmentation & Analysis

10.3.2.1. By Technology

10.3.2.2. By Sales Channel

10.3.2.3. By Vehicle Type

10.4.India Tire Pressure Monitoring System Market Analysis, 2015-2025F

10.4.1.   Market Potential & Analysis

10.4.1.1. Market Revenue

10.4.1.2. Units Sold

10.4.2.   Market Segmentation & Analysis

10.4.2.1.       By Technology

10.4.2.2.       By Sales Channel

10.4.2.3.       By Vehicle Type

10.5.Japan Tire Pressure Monitoring System Market Analysis, 2015-2025F

10.5.1.   Market Potential & Analysis

10.5.1.1.       Market Revenue

10.5.1.2.       Units Sold

10.5.2.   Market Segmentation & Analysis

10.5.2.1. By Technology

10.5.2.2. By Sales Channel

10.5.2.3. By Vehicle Type

10.6.South Korea Tire Pressure Monitoring System Market Analysis, 2015-2025F

10.6.1.   Market Potential & Analysis

10.6.1.1. Market Revenue

10.6.1.2. Units Sold

10.6.2.   Market Segmentation & Analysis

10.6.2.1. By Technology

10.6.2.2. By Sales Channel

10.6.2.3. By Vehicle Type

11.  Global Tire Pressure Monitoring System Market Policies, Regulations, Product Standards

12.  Global Tire Pressure Monitoring System Market Trends & Insights

13.  Global Tire Pressure Monitoring System Market Dynamics

13.1.Growth Drivers

13.2.Challenges

13.3.Impact Analysis

14.  Global Tire Pressure Monitoring System Market Hotspot & Opportunities

15.  Global Tire Pressure Monitoring System Market Key Strategic Imperatives for Success & Growth

16.  Competition Outlook

16.1.  Competition Matrix

16.1.1. Product Portfolio

16.1.2. Brand Specialization

16.1.3. Target Markets

16.1.4. Target End Users

16.1.5. Research & Development

16.1.6. Strategic Alliances

16.1.7. Strategic Initiatives

16.2.  Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)

16.2.1.1.   Continental AG

16.2.1.2.   Denso corporation

16.2.1.3.   Delphi Automotive

16.2.1.4.   Sensata Technologies

16.2.1.5.   Dunlop Tech Gbmh

16.2.1.6.   Wabco

16.2.1.7.   Bendix Commercial Vehicle systems LLC

16.2.1.8.   Schrader Electronics

16.2.1.9.   Pacific Industrial Co., Ltd.

16.2.1.10. Huf and Hlsbeck & Frst Gmbh & Co.

17.  Disclaimer

Global Tire Pressure Monitoring Systems Market Segmentation