Report Code: A07752 | Nov 2023 | Pages: NA | ||
Tables: NA | Charts: NA |
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Request Now !Direct tire pressure monitoring system (TPMS) uses pressure detection sensors installed inside tires which sense the air pressure of the tire. Additionally, the direct TPMS analyses the tire temperature by sending the data to a centralized control module which interprets the reading and a warning is displayed on the drivers’ infotainment display if the air pressure is less than the required pressure. Furthermore, a direct TPMS is considerably sensitive when compared to indirect system which actually monitors the air pressure inside the tire. Moreover, low air-pressure of an automobile tire has a negative impact on tire life, safety, mileage and performance of the vehicle. Thereby, properly inflated tires help in reducing the number of accidents which are caused by poor condition of tires. Therefore, rise in innovative technology to detect low-air pressure in vehicles is expected to boost the market growth for the direct tire pressure monitoring system.
Stringent government regulations regarding safety & security such as compulsion for manufacturers to equip the vehicles with a TPMS, growth in global automotive industry and increase in adoption of direct TPMS in vehicles are driving the growth of the market. However, lack of road maintenance and increasing deterioration due to climatic changes & unsafe driving conditions is expected to hamper the growth of the market. Contrarily, increasing penetration of tire pressure monitoring systems in automobiles across the globe can be seen as an opportunity for the market investments.
The direct tire pressure monitoring systems market trends are as follows:
The direct tire pressure monitoring system (TPMS) is commonly found in the passenger vehicle, light commercial vehicle and even in heavy commercial vehicle segments of an automotive industry. The direct tire pressure management is considered to be a critical safety system for the vehicles. Furthermore, the automotive industry is introducing safety features which help in minimizing the impact of vehicle collisions, reduce fatalities, and improve overall vehicle safety. Various automakers such as BMW, Volkswagen and Daimler AG are installing the TPMS while producing the vehicle. For instance, Daimler is producing TPMS for the Mercedes-Benz fleet since the year 2000. Therefore, the increase in adoption of direct tire pressure monitoring system in vehicles is anticipated to boost the market growth for the global direct tire pressure monitoring system.
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Direct Tire Pressure Monitoring System Market Report Highlights
Aspects | Details |
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By Technology |
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By Vehicle Type |
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By Sales Channel |
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By Region |
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Key Market Players | ZF Friedrichshafen AG, Pacific Industrial Co. Ltd, Sensata Technologies Inc., Schrader Electronics, Bartec USA LLC, AVE technologies, Delphi Automotive LLP., Continental AG, DUNLOP TECH |
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