#Tyre Pressure Monitoring System Market Analysis

[snehalshinde65799]

Tyre Pressure Monitoring System Market Insights on Regulation, Innovation, and Consumer Demand

The Tyre Pressure Monitoring System (TPMS) market is witnessing substantial growth due to increasing awareness about road safety, government regulations, and technological advancements. TPMS plays a crucial role in ensuring vehicle safety by continuously monitoring the air pressure in tyres and alerting drivers when the pressure falls below a recommended level. As a result, the TPMS market is poised to grow rapidly, with significant developments expected in the coming years.

What is a Tyre Pressure Monitoring System (TPMS)?

A Tyre Pressure Monitoring System (TPMS) is a vehicle safety feature designed to monitor the air pressure in the tyres and notify the driver when the pressure is too low. Under-inflated tyres can lead to several issues, including reduced fuel efficiency, increased tyre wear, and heightened risk of accidents. TPMS helps mitigate these risks by ensuring that tyre pressures remain within the optimal range for safe driving.

TPMS can be categorized into two main types: direct and indirect. Direct TPMS uses sensors mounted inside the tyre to measure the pressure directly and send the data to the vehicle’s onboard computer. Indirect TPMS, on the other hand, estimates tyre pressure by monitoring wheel speed and the vehicle’s handling, using data from the Anti-lock Braking System (ABS).

Key Drivers of Market Growth

Government Regulations: One of the primary factors driving the growth of the TPMS market is the implementation of regulations mandating TPMS in vehicles. In countries like the United States, the European Union, and Japan, TPMS is a standard feature in new vehicles. For example, in the U.S., the Tire Pressure Monitoring System Act requires all vehicles with a gross weight of less than 10,000 pounds to be equipped with a TPMS. Such regulations ensure that more vehicles are equipped with TPMS, thereby expanding the market.

Rising Safety Awareness: As consumers become more safety-conscious, the demand for TPMS-equipped vehicles has surged. Drivers are increasingly aware of the dangers of under-inflated tyres, such as decreased vehicle stability and longer braking distances. TPMS provides peace of mind by ensuring that tyres are always adequately inflated, which in turn improves vehicle safety.

Fuel Efficiency and Environmental Concerns: Low tyre pressure can lead to increased rolling resistance, which causes vehicles to consume more fuel. With rising fuel prices and growing environmental concerns, consumers are looking for ways to improve fuel efficiency. TPMS helps to maintain the optimal tyre pressure, leading to better fuel economy and lower emissions. As such, environmentally conscious drivers are likely to demand vehicles equipped with TPMS.

Technological Advancements: The integration of advanced technologies into TPMS is further boosting market growth. Modern systems now come with additional features such as real-time pressure monitoring via smartphone apps, tire wear analysis, and integrated alerts. Innovations like these are making TPMS systems more efficient, user-friendly, and desirable for car manufacturers and consumers alike.

Challenges in the TPMS Market

Despite its growth, the TPMS market faces some challenges. One of the key barriers is the high cost associated with advanced TPMS systems. Direct TPMS, which provides more accurate data, requires the installation of sensors in each tyre, increasing both the cost of the system and the overall vehicle price. For this reason, some consumers may opt for vehicles without TPMS or choose cheaper alternatives.

Moreover, the need for periodic sensor replacements and potential repair costs for malfunctioning TPMS systems can deter some consumers from embracing the technology. In developing markets, where vehicle affordability is a key factor, these concerns may hinder the widespread adoption of TPMS.

Market Segmentation and Trends

The TPMS market can be segmented based on type, vehicle type, and region.

By Type:

Direct TPMS is expected to dominate the market due to its accuracy and ability to provide real-time pressure data.

Indirect TPMS is expected to grow at a steady rate as a cost-effective alternative, particularly in lower-end vehicles.

By Vehicle Type:

The passenger car segment holds the largest market share, driven by increasing demand for safety features and the rising number of passenger vehicles globally.

The commercial vehicle segment is also growing as fleet operators adopt TPMS for better fleet management, safety, and maintenance.

By Region:

North America and Europe are the leading regions in the TPMS market, owing to strict regulatory requirements and high consumer awareness.

Asia-Pacific is expected to witness the fastest growth, driven by the growing automotive industry, especially in countries like China and India.

Future Outlook

The global TPMS market is projected to continue its upward trajectory in the coming years. With increasing vehicle production, regulatory requirements, and consumer demand for enhanced safety and fuel efficiency, TPMS adoption is expected to rise across all vehicle segments.

[sudeepkedar]

Connected Tire Market Is Predicted to Grow At More Than 45% CAGR till 2032

As per a recent research report, Connected Tire Market surpass USD 400 million by 2032.

The surging adoption of autonomous and electric vehicles along with the dire need for sophisticated tire technologies to ensure safety and efficiency will support the market growth. For instance, in June 2023, new EV registrations in the EU surged by 66.2%, reaching 158,252 units. Connected tires, equipped with sensors and communication modules, have grown largely popular as they enhance vehicle performance by providing real-time data on tire pressure, temperature, and tread wear. Thus, the rising preference for this data-driven approach to optimize driving experiences, extend the tire lifespan, and aid in preventing accidents will boost the product adoption.

Request for Sample Copy report @  https://www.gminsights.com/request-sample/detail/6131

Connected tire market from the 18 - 22 inches rim size segment generated more than USD 2 million in 2022 and is likely to gain notable traction through 2032 driven by the rising demand for large vehicles, such as SUVs, trucks, and high-performance cars. These vehicles often come equipped with 18-22-inch tire sizes to provide better stability, enhanced traction, and improved aesthetics. The surging focus of manufacturers on launching new connected tire technologies to enhance driving safety and performance will also propel the segment growth. For instance, in February 2023, JK Tyre & Industries, a leading tire producer, launched a wide range of smart tires for trucks to reduce costs for boosting the tire life by at least 10%.

The tire pressure monitoring system (TPMS) segment accounted for significant revenue share in the connected tire market and is anticipated to record more than 46% CAGR from 2023-2032. Lately, numerous countries and regions have implemented regulations for mandating the adoption of TPMS in vehicles for improving road safety and reducing accidents caused by improper tire pressure. With vehicle owners prioritizing safety and eco-friendliness, the demand for TPMS-equipped connected tires is gaining tremendous traction. The surging deployment of TPMS technology for ensuring optimal tire pressure, enhancing safety, fuel efficiency, and tire lifespan will also add to the market expansion.

Request for customization this report @    https://www.gminsights.com/roc/6131

Europe connected tires market generated more than USD 1.5 million in revenue in 2022 and is set to witness over 47.5% CAGR from 2023-2032. The growth can be attributed to stringent safety regulations, technological innovations and the presence of environmentally conscious consumer demands. Several governments across the region are subsidizing the transition from traditional-fueled automobiles to electric alternatives to accelerate the progress towards net-zero carbon emissions over the next decade. Additionally, the surging efforts led by industry participants to address the rising end-user needs will fuel the industry revenue. For instance, in June 2023, Continental introduced the UltraContact NXT, a connected tire with high proportion of sustainable components and maximum EU tire-label performance in volume manufacturing.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Connected tire market 360º synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM)

2.3    Regional trends

2.4    Rim size trends

2.5    Component trends

2.6    Vehicle type trends

2.7    Propulsion trends

2.8    Sales channel trends

Chapter 3   Connected Tire Market Insights

3.1    Impact on COVID-19

3.2    Russia- Ukraine war impact

3.3    Industry ecosystem analysis

3.4    Vendor matrix

3.5    Profit margin analysis

3.6    Technology & innovation landscape

3.7    Patent analysis

3.8    Key news and initiatives

3.8.1    Partnership/Collaboration

3.8.2    Merger/Acquisition

3.8.3    Investment

3.8.4    Product launch & innovation

3.9    Regulatory landscape

3.10    Impact forces

3.10.1    Growth drivers

3.10.1.1    The rising adoption of connected vehicles

3.10.1.2    Emphasis on vehicle safety

3.10.1.3    Improved fuel efficiency

3.10.1.4    Enhanced driver experience and convenience

3.10.1.5    Rise of autonomous and electric vehicles

3.10.2    Industry pitfalls & challenges

3.10.2.1    High initial investments

3.10.2.2    Data security and privacy concerns

3.11    Growth potential analysis

3.12    Porter’s analysis

3.13    PESTEL analysis

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact us:

Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: sales@gminsights.com 

[electronalytics]

Lithium-Ion Stationary Batter Market Report, Trends,Outlook, Key players 2017 to 2032

Overview:

Lithium-ion stationary batteries are a type of rechargeable batteries designed for stationary energy storage applications. They are commonly used in residential, commercial, and industrial settings to store excess energy generated from renewable sources like solar and wind, and provide power during peak demand periods or when the renewable sources are not available.

Trends:

Growing Renewable Energy Integration: The increasing adoption of renewable energy sources, such as solar and wind power, has created a need for efficient energy storage solutions. Lithium-ion stationary batteries offer high energy density and longer cycle life, making them a popular choice for integrating renewable energy into the grid.

Declining Costs: Over the years, the costs of lithium-ion batteries have been decreasing, driven by advancements in technology, economies of scale, and manufacturing efficiencies. This cost reduction has made lithium-ion stationary batteries more affordable and accessible, contributing to their widespread adoption.

Increasing Grid Resilience: Lithium-ion stationary batteries play a crucial role in enhancing grid resilience by providing backup power during outages or fluctuations in power supply. They can quickly respond to changes in demand, smooth out intermittent renewable energy generation, and improve the overall stability and reliability of the electrical grid.

Demand:

The demand for lithium-ion stationary batteries has been steadily increasing due to several factors:

Increasing Demand for Portable Electronic Devices: With the rise in popularity of smartphones, tablets, wearable technology, and other portable electronics, there is an increased need for power sources that are small, light, and high-performing, such as Li-MnO2 batteries.

Growing Adoption of Electric Vehicles: The move to electric vehicles has gained traction on a global scale, driving up demand for lithium-based batteries. In electric vehicles, Li-MnO2 batteries are used for features like keyless entry systems and tyre pressure monitoring.

Developments in Medical Device Technologies: For a variety of uses, the medical device sector needs reliable power sources. Li-MnO2 batteries are suitable for medical implants, monitoring devices, and other healthcare equipment because they offer a dependable and long-lasting power source.

We recommend referring our Stringent datalytics firm, industry publications, and websites that specialize in providing market reports. These sources often offer comprehensive analysis, market trends, growth forecasts, competitive landscape, and other valuable insights into this market.

By visiting our website or contacting us directly, you can explore the availability of specific reports related to this market. These reports often require a purchase or subscription, but we provide comprehensive and in-depth information that can be valuable for businesses, investors, and individuals interested in this market.

“Remember to look for recent reports to ensure you have the most current and relevant information.”

Click Here, To Get Free Sample Report: https://stringentdatalytics.com/sample-request/lithium-ion-stationary-batter-market/8532/

Market Segmentations:

Global Lithium-Ion Stationary Batter Market: By Company • Samsung SDI • LG Chem • Coslight • SK Innovation • Murata • BYD • Kokam • Panasonic • CATL • Tesla • Saft • Sony • Toshiba Global Lithium-Ion Stationary Batter Market: By Type • Li-Ni • Li-Ni-Co • Li-Mn • Iron Phosphate • Others Global Lithium-Ion Stationary Batter Market: By Application • Power • Utilities • Other Global Lithium-Ion Stationary Batter Market: Regional Analysis All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Lithium-Ion Stationary Batter market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Visit Report Page for More Details: https://stringentdatalytics.com/reports/lithium-ion-stationary-batter-market/8532/

Reasons to Purchase Lithium-Ion Stationary Batter Market Report:

Comprehensive Insights: Market research reports provide in-depth and comprehensive insights into the ULSFO market. They typically cover various aspects such as market size, growth trends, competitive landscape, regulatory environment, technological developments, and consumer behavior. These reports offer a holistic view of the market, saving time and effort in gathering information from multiple sources.

Data and Statistics: Market research reports often include reliable and up-to-date data and statistics related to the ULSFO market. This data can help in analyzing market trends, understanding demand and supply dynamics, and making informed business decisions. Reports may include historical data, current market figures, and future projections, allowing businesses to assess market opportunities and potential risks.

Market Segmentation and Targeting: Market research reports often provide segmentation analysis, which helps identify different market segments based on factors such as vessel type, application, end-users, and geography. This information assists businesses in targeting specific customer segments and tailoring their marketing and business strategies accordingly.

Competitive Analysis: Market research reports typically include a competitive analysis section that identifies key players in the ULSFO market and evaluates their market share, strategies, and product offerings. This information helps businesses understand the competitive landscape, benchmark their performance against competitors, and identify areas for differentiation and growth.

Market Trends and Forecast: Market research reports provide insights into current market trends and future forecasts, enabling businesses to anticipate changes in the ULSFO market. This information is valuable for strategic planning, product development, investment decisions, and identifying emerging opportunities or potential threats in the market.

Decision-Making Support: Market research reports serve as a valuable tool in decision-making processes. The comprehensive insights, data, and analysis provided in the reports help businesses make informed decisions regarding market entry, expansion, product development, pricing, and marketing strategies. Reports can minimize risks and uncertainties by providing a solid foundation of market intelligence.

About US:

Stringent Datalytics offers both custom and syndicated market research reports. Custom market research reports are tailored to a specific client's needs and requirements. These reports provide unique insights into a particular industry or market segment and can help businesses make informed decisions about their strategies and operations.

Syndicated market research reports, on the other hand, are pre-existing reports that are available for purchase by multiple clients. These reports are often produced on a regular basis, such as annually or quarterly, and cover a broad range of industries and market segments. Syndicated reports provide clients with insights into industry trends, market sizes, and competitive landscapes. By offering both custom and syndicated reports, Stringent Datalytics can provide clients with a range of market research solutions that can be customized to their specific needs

Contact US:

Stringent Datalytics

Contact No -  +1 346 666 6655

Email Id -  sales@stringentdatalytics.com

Web - https://stringentdatalytics.com/

[autelscanner]

Autel TS508 TPMS tool offers Quick Mode/Advanced Mode for faster & smarter TPMS repairs

The technology needed to accurately identify car faults is evolving along with the complexity of automobiles. When it comes to maintenance or repair work, having the proper tools is crucial, which is why technicians all over the world rely on top-of-the-line AUTEL products like the MAXITP MS TS408. With a number of fantastic enhancements, including the recently added option to activate OEM sensors and program aftermarket sensors without programming activation IDs, this strong yet user-friendly scan tool has just gotten even better. Because of this, it's now simpler than ever to get your automobile back on the road as soon as possible without worrying about sacrificing any functionality or safety features that original parts could have offered.

The Autel MaxiTPMS TS508 pressure sensor tire has been upgraded from the TS401/408 model. Additional capabilities include the ability to read/clear TPMS DTCs, read Sensor ID by OBD and copy ID into MX-Sensor, relearn via OBD function, check Key FOB, and select Tire Type/Pressure in a single step.

Two scanning modes are provided by the new Autel TS508 tire pressure monitoring system sensor to provide quicker and easier TPMS operation. Simple tasks like sensor scanning, sensor programming, and procedure relearning are ideal for the Quick Mode. The Advanced Mode offers all the required tools for more difficult operations like diagnosing TPMS systems or reprogramming MX-Sensors. Both modes make it simple to find what you need and complete tasks swiftly. As a result, TPMS repairs will be quicker and more effective. Autel has been a market leader in offering high-quality diagnostic instruments and equipment for more than ten years. The goal of Autel is to make vehicle repair and diagnostics accessible to all customers.

There are four ways to program MX-sensors on the Autel TS508. It is known as "copy by activation" in the first method. This technique transfers sensor data from an operating ECU to the replacement. "Copy by manual input" is the alternative method. Users can manually enter specific sensor data using this technique. "Auto generate 1-16" is the third option. For up to 16 sensors, this technique generates sensor data automatically. "Copy by OBD" is the fourth and final approach. Using OBDII diagnostics, this technique copies sensor data from a functioning ECU. The Autel TS508 enables users to quickly and simply program MX-sensors using these four techniques.

A TPMS diagnosis feature is included in the Autel TS508 TPMS relearn tool. You can use this tool to check for sensor-related issues, tire deflation, and wheel rotation. Additionally, the tyre pressure monitor TS508 may display on-screen DTC descriptions and read or clear TPMS DTCs. The TS508 could be an excellent tool to assist you diagnose and resolve TPMS system difficulties if you're experiencing them.

The Autel TS508TPMS scanner makes it simpler to program TPMS sensors. The tyre pressure monitoring system in your automobile may be set up and functioning more quickly and easily thanks to the OBD Relearn function, which enables the scanner to write sensor IDs straight to the TPMS module. As a result, the TS508TPMS with OBD Relearn is a good option if you're searching for a simple approach to train your TPMS sensors. Users can now print TPMS DTC recorded data from the Autel TS508 thanks to its Print Data function. Users may benefit from easier data analysis and saving thanks to this feature. Users can have a physical copy of their data that they can refer to later or carry with them for troubleshooting if they have the capacity to print. Anyone who wishes to be able to quickly and simply print their TPMS data should use the Autel TS508.

The TS508 tyre pressure monitor was created to simplify TPMS maintenance and repairs. One-step TPMS health checks, reading and clearing TPMS codes, on-screen DTC descriptions, resetting the TPMS warning light, activating and relearning both factory-installed and aftermarket TPMS sensors, reading sensor data, programming Autel MX-sensors, and more features are all included in this tool. With the TS508, maintaining a TPMS system is now quicker and simpler than before.

[enchantingvoid]

Acoustic Wave Sensor (SAW and BAW) Market Scope and Opportunities Analysis 2020 – 2030

Global Acoustic Wave Sensor (SAW and BAW) Market: Snapshot

Acoustic wave sensors are a particular type of microelectromechanical systems, or MEMS, that depend on the use and modulation of acoustic waves in order to detect the presence of changes in a physical object or phenomenon. The acoustic wave sensor usually converts an electrical input into mechanical waves that can be influenced by the object or objects. This is because mechanical waves are easier modulated by physical phenomenon as opposed to electrical signals. Once a device receives the mechanical wave after being changed by the phenomenon, it is converted back into an electrical signal that can be compared to the original input signal. Changes in the electrical signal include time-delay between input and output signals, frequency, phase, and amplitude.

Download PDF Brochure: https://www.tmrresearch.com/sample/sample?flag=B&rep_id=473

The wide array of applications for both surface acoustic wave sensors and bulk acoustic wave sensors include delay lines, transformers, oscillators, and filters. Both SAW and BAW applications in delay lines together provide additional advantages in terms of the signal wave technologies, such as in target generation in electronic warfare and in television and video communication sets. Surface acoustic wave sensors and bulk acoustic wave sensors both hold distinctive applications and advantages as well, and users can considers factors such as their footprint, frequency of operation, delay signals, and overall cost when applying these technologies in their projects.

Global Acoustic Wave Sensor (SAW and BAW) Market: General Outline

The global acoustic wave sensors market is expected to grow at a considerable rate due to its competitive edge over other technologies. Acoustic wave sensors have various applications in automotive, industrial, and other industries. Acoustic wave sensors are gradually replacing conventional sensors, and are being extensively used in variety of applications such as industrial, consumer electronics, healthcare, automotive, military, and aerospace.

The research study is projected at identifying emerging trends and opportunities in the global acoustic wave sensor market. The research study also includes a comprehensive segmentation of the global acoustic wave sensor market, on the basis of application, and geography.

Global Acoustic Wave Sensor (SAW and BAW) Market: Segment Analysis 

The global acoustic wave sensor (SAW and BAW) market is segmented into two major categories; based on technology, surface acoustic wave sensors and bulk acoustic wave sensors. On the basis of sensing parameter, the market is segmented into temperature, pressure, mass, viscosity, torque, chemical vapor, humidity, and others. The market is also segmented by application into automotive, military and aerospace, consumer electronics, healthcare, industrial, and others.

The industrial application segment is expected to be the primary application of the acoustic wave sensors market. Due to their wireless and passive nature, they are well suited for rotating components. With a growing number of applications of these sensors such as emission control, tyre pressure monitoring, and torque measurement –the automotive segment accounts for the second largest application segment.

The healthcare industry is another key emerging segment for the acoustic wave sensors market. The demand for reliable, high performance, and low cost sensors is increasing, thereby leading to the expansion of new technologies such as nanotechnology, and micro technology, offering opportunities like low power consumption, mass production, and miniaturization.

The market is further segmented on the basis of geography into North America, Europe, Asia Pacific, and Rest of the World.  The European region commands the largest share of the global market. Safety related mandates in North America and Europe are also driving the growth of sensors in the automotive industry.

Global Acoustic Wave Sensor (SAW and BAW) Market: Trends and Prospects

The market is driven by factors such as the growing automotive industry. In addition to this, low manufacturing cost is expected to act as driver for the global acoustic wave sensor market. The growing NANO technology applications and wireless connectivity advancements in information technology and telecom sectors is serving as an opportunity, fuelling the growth of the global acoustic wave sensor market. On the other hand, due to their replaceable nature, the growth of the global acoustic wave sensors market is restricted.

Global Acoustic Wave Sensor (SAW and BAW) Market: Key Players

The key players in the global acoustic wave sensor (SAW and BAW) market include Ceramtec, CTS Corporation, EPCOS, Epson Toyocom, Murata Manufacturing Co. Ltd., Raltron Electronics Corporation, Shoulder Electronics Ltd., and Triquint Semiconductor Inc.

About Us:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact Us:

Rohit Bhisey

Head Internet Marketing

Tel: +1-415-520-1050

Website: https://www.tmrresearch.com/

[palesoultaco]

Automotive Smart Tire Market Growth, Revenue Share Analysis, Company Profiles, and Forecast To 2028

The global automotive smart tires market size reached USD 76.78 billion in 2020 and is expected to register a revenue CAGR of 6.6% during the forecast period, according to latest analysis by Emergen Research. Increasing usage of 5G technology in smart tires is expected to support market revenue growth between 2021 and 2028. Besides, increasing usage of new and more advanced tire materials that can evaluate real-time monitoring of tire conditions will boost revenue growth of the market. Currently, demand for 5G automated technology and tire pressuring monitoring systems for automotive smart tires has increased significantly. Many companies are combining strategies to sustain in the competitive market.

The report offers an accurate forecast estimation of the Automotive Smart Tire Market based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Automotive Smart Tire Market.

Click the link to get info@ https://www.emergenresearch.com/industry-report/automotive-smart-tire-market

The complete regional analysis covers:

North America (U.S., Canada, Mexico)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Competitive Landscape:

The latest report encases an in-depth summary of the intensely competitive landscape of the global Automotive Smart Tire Systems market, with systematic profiling of the companies operating across this industry. In this section of the report, experts have listed down the strategic initiatives undertaken by these market rivals for proposed business expansion. Additionally, it highlights the key developments and financial positions of these companies to explain the overall market scenario. The company profiles of the established and new players have also been assessed in the report through effective analytical tools like SWOT analysis.

Major companies in the market report include Continental AG, Bridgestone Corporation, The Goodyear Tire & Rubber Co., Sumitomo Rubber Industries Ltd, Pirelli & C. S.p.A., Toyo Tire Corporation, Nexen Tire Corporation, JK Tyre Corporation Ltd., Maxxis International, and Interco Tire Corporation.

Emergen Research has segmented global automotive smart tire Market on the basis of vehicle type, features, technology, distribution Channel, and region:

Vehicle Type Outlook (Revenue, USD Billion; 2018–2028)

Heavy Duty Truck

Passenger Vehicle

Electric Vehicle

Commercial Vehicle

Features Outlook (Revenue, USD Billion; 2018–2028)

Connected Tire

Tire Pressure Monitoring System (TPMS)

Others

Technology Outlook (Revenue, USD Billion; 2018–2028)

Non-pneumatic Tire

Pneumatic Tire

Distribution Channel Outlook (Revenue, USD Billion; 2018–2028)

Aftermarket

Original Equipment Manufacturer (OEM)

Take a Look at our Related Reports:

Laboratory Centrifuges Market

Deep Brain Stimulation Systems Market

Liquid Hydrogen Market

Blood-Brain Barrier Market

Military Communication Systems Market

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs

[autoandpower]

[techsciresearch]

UAE OTR Tire Market to be dominated by Construction segment till 2026

Rise in the commercial activities and growing infrastructural development is expected to drive the demand for UAE OTR tire market for the forecast period.

According to TechSci Research report, “UAE OTR Tire Market By Application Type (Agriculture, Construction, Mining, Material Handling, Ports, Forestry and Others {Terrain Vehicles, Sports Vehicles, etc.}), By Demand Category (OEM Vs Replacement), By Rim Size (Up to 25” and Above 25”), By Tire Construction (Radial, Bias), By Region, Competition Forecast & Opportunities, 2026”, the UAE OTR tire market is expected to grow at a rate of steady CAGR for the forecast period, 2022-2026. The rise in construction, mining, agricultural activities is driving the demand for OTR tires in the country. An increase in the adoption of automation technology in the industrial sector and the heavy usage of machines is fueling the demand for replacement tires thereby is accelerating the market growth. The growing use of OTR tires in dirt bikes and quads for recreational and sports activities is expected to surge the demand of the OTR tire market growth. The improving economic status of the country is increasing the need for commercial vehicles that use the OTR tires. Rapid industrialization and urbanization in the country owing to the initiatives made by the leading authorities for income diversification are influencing the UAE OTR tire market growth. The leading authorities are introducing schemes and initiatives to promote the tourism industry which in turn is expected to boost the economy and the construction industry to attract more tourists into the country.

However, the volatile raw material prices and the rise in the gap of demand and supply may restrain the OTR tire market growth for the forecast period.

Browse XX Figures spread through XX Pages and an in-depth TOC on "UAE OTR Tire Market”.

https://www.techsciresearch.com/report/uae-otr-tire-market/7842.html

UAE OTR tire market is segmented into application type, demand category, rim size, tire construction, regional distribution, and company. Based on application type, the market can be divided into agriculture, construction, mining, material handling, ports, forestry, and others. The construction followed closely by the port segment is expected to hold a major UAE OTR tire market share for the forecast period, 2022-2026. The large number of ongoing construction projects to improve the economic status of the country is creating the demand for heavy vehicles which in turn is accelerating the demand for OTR tires. Also, the development of smart Dubai requires the use of cranes, loaders, dump trucks to handle the heavyweight over the rough surface. The rise in the development of the port infrastructure and the presence of upcoming projects such as the development of Nasir oilfield and expansion of the Jebel Ali Port’s terminal 4 is expected to drive the demand of the port segment. Based on the tire construction, the market is bifurcated into radial and bias. The bias tire segment is expected to dominate the UAE OTR tire market for the forecast period, 2022-2026. Bias tire has crosshatch construction and offers a tougher sidewall than its counterpart. Bias tires are less expensive than radial tires and are preferred to ride over the rough surface. Based on the demand category, the market can be divided into OEM and replacement. The replacement segment is expected to account for major market share for the next five years. An increase in the average working hours of the machines is fueling the demand for the replacement tires.

Bridgestone Middle East & Africa FZE, Michelin AIM FZE, Hankook Tire Co., Ltd., Goodyear Middle East FZE, Pirelli Tyre S.P.A, Continental AG, Yokohama Rubber Co., Ltd. are the leading players operating in UAE OTR tire market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several OTR tire manufacturers are coming up with their technologically advanced offerings.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7842

Customers can also request for 10% free customization on this report.

“Market players are making huge investments for the research and development activities to introduce tires with enhanced features to increase the sales of OTR tires. The use of advanced technology such as tire management software, tire pressure monitoring system, and the advent of intelligent tires for real-time analysis and monitoring the condition of OTR tires by predicting the occurrence of potential hazards is contributing to the market growth. The integration of value-added technologies such as embedded sensors, and the use of new compounds and materials to enhance the properties of OTR tires is expected to propel the UAE OTR tire market growth through 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“UAE OTR Tire Market By Application Type (Agriculture, Construction, Mining, Material Handling, Ports, Forestry and Others {Terrain Vehicles, Sports Vehicles, etc.}), By Demand Category (OEM Vs Replacement), By Rim Size (Up to 25” and Above 25”), By Tire Construction (Radial, Bias), By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of UAE OTR tire market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of UAE OTR tire market.

Contact

Mr. Ken Mathews

708 Third Avenue,

Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Web:   https://www.techsciresearch.com/

[blueweave01]

Global Automotive Smart Tire Market Gaining Impetus: Growing at the CAGR of 6.2% in the Forecast Period

The smart tire market is gaining a substantial amount of popularity in the automobile industry due to the emergence of autonomous and connected vehicles and the introduction of technology in various automobile components....

A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global automotive smart tire market was worth USD 78.3 billion in the year 2020. The market is further estimated to grow at a CAGR of 6.2%, earning revenue of around USD 118.6 billion by the end of 2027. One of the main factors driving the growth of the global automotive smart tire market is the rapid emergence and advancement of autonomous and connected vehicles, as well as the increasing adoption of artificial intelligence (AI) and 5G networks. The lack of strict regulations that negatively impact smart tire and sensor prices may, however, hinder the growth of this market.

Growing Penetration Of 5G And AI Is Driving the Growth of the Global Automotive Smart Tire Market

Automotive smart tires can detect issues automatically and report them to the cloud-based system. The growing penetration of 5G and AI supports quick and real-time issue detection so that timely maintenance and repair can be done to prevent further damage. Therefore, several leading automotive smart tire manufacturers, such as Goodyear and Bridgestone, have teamed up with AI software developers to create self-detecting tires which have the ability to notify when the tires need replacements or maintenance. As a result, the global automotive smart tire market is growing at a high rate.

Favorable Government Policies Is Projected to Favor the Global Automotive Smart Tire Market Growth During the Forecast Period

A majority of the newer automobiles now being launched on the market come equipped with hi-tech technologies like tire-pressure monitoring systems (TPMS). Sensors on TPMS devices alert drivers regarding the air pressure inside the pneumatic tires. Various countries including Russia, Indonesia, the Philippines, Israel, Malaysia, and Turkey have already made it mandatory for cars to have TPMS sensors. Such regulations open up growth opportunities for smart tire technologies such as strain gauges, accelerometers, and radio-frequency identification (RFID), which further contributes to the overall market growth.

Global Automotive Smart Tire Market - By Product

Based on products, the global automotive smart tire market is segmented into tires and sensors. There is a high demand for sensors in the market, which accounts for the largest share of the automotive smart tire market. The sensors inside the tires enable continuous monitoring of driving conditions such as grip on ice and aquaplaning resistance, even without human observation. This ensures higher safety and better management and maintenance of automobiles. Due to these features, the smart tire sensors are gaining significant traction and are also projected to grow at a high CAGR during the forecast period.

Request For Free Sample Report @ https://www.blueweaveconsulting.com/report/global-automotive-smart-tire-market/report-sample

Global Automotive Smart Tire Market - Regional Insights

Geographically, the global automotive smart tire market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, Europe accounts for the largest market share. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period because of the flourishing manufacturing industries in this region. Hyundai, Kia, Suzuki, Toyota, etc. are among the potential manufacturers in South Korea and Japan, who are investing heavily in advanced technologies such as automotive smart tires and sensors. Due to this, the automotive smart tire market in the Asia Pacific is estimated to gain significant traction during the forecast period.

Impact of COVID-19 on Global Automotive Smart Tire Market

The global automotive smart tire market has been severely impacted by the COVID-19 pandemic. The automobile industry was one of the most severely hit industries by the pandemic because of the lockdown. Because of social distancing protocols and a shortage of labor, automobile production and manufacturing were completely restricted. As a result, automotive smart tires and sensors experienced a sharp decline, resulting in significant losses for manufacturers. As a result of the restrictions on imports and exports, the distribution channels have also been affected, further impairing the market for automotive smart tires, even after manufacturing activities resumed after COVID-19.

Competitive Landscape

The leading market players in the global automotive smart tire market are Continental AG, Bridgestone Corporation, Michelin, The Goodyear Tire & Rubber Co., Pirelli & C. S.p.A, The Yokohama Rubber Company, Limited, Hankook Tire & Technology Co., Ltd., Nokian Tyres Plc., Toyo Tire Corporation, Sumitomo Rubber Industries, Ltd., JK Tyres & Industries Ltd., Revvo Technologies, Inc., NXP Semiconductors, Schrader TPMS Solutions, Infineon Technologies AG, Titan International Inc., Maxxis International, and other prominent players.

The leading manufacturers of automotive smart tires often adopt competitive strategies like mergers, partnerships, acquisitions, collaborations, etc., in order to expand their product portfolio so as to gain a competitive edge. The market players are increasingly embracing collaborative strategies to get access to a broad range of resources and expertise that helps them develop new technologies and stay ahead of the competition.

Don’t miss the business opportunity of the global automotive smart tire market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the global automotive smart tire market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the global automotive smart tire market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

About Us

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

[sandlerresearch]

Automotive Vision Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update) published on

https://www.sandlerresearch.org/automotive-vision-systems-global-sector-overview-and-forecast-to-2035-q1-2021-update.html

Automotive Vision Systems - Global Sector Overview and Forecast to 2035 (Q1 2021 Update)

Automotive Vision Systems – Global Sector Overview and Forecast to 2035 (Q1 2021 Update)

Summary

Glazing plays an increasingly important role in the overall design of a vehicle and vehicle makers are looking for ways to use glass on other areas of the body, such as in sunroofs, and use more glass to improve a vehicle’s safety aspect. The trends in MPVs, for instance, have seen bulky A-pillars become obtrusive for forward vision. Consequently, some car designers are focusing more and more on windshields that wrap around at the sides pushing the A-pillar back towards the front door. This style of windshield is known as ‘panoramic’.

Meanwhile, the humble rear-view mirror has been transformed over the last decade into a high-tech electronic module. It can feature a number of different functions, such as a compass or a tyre pressure data and temperature display.

However, the flat wiper blade continues to dominate the OE market, driven by the need for product quality, comfort and aesthetics. While European wiper makers refer to ‘flat blades’, American manufacturers talk of ‘beam blades’.

The report “Automotive Vision Systems – Global Sector Overview and Forecast to 2035 (Q1 2021 Update)” brings together Glazing, Mirror and Windscreen Wiper services all under one roof – Vision; providing a comprehensive overview of Automotive Vision Systems (Glazing, Mirrors and Wipers) and assesses major suppliers, top markets, technology trends, market size forecasts as well as a technical round-up of various technologies.

Scope

Based on exclusive interviews, primary research and proprietary data this study includes – – For the top 14* markets it provides market size data and a 15-year forecast for: – the Original Equipment (OE) Glazing market. – the Original Equipment (OE) Mirror market (Interior Auto-Dimming and Standard; Exterior Auto-Dimming and Standard; and New Camera-Based Systems). – the Original Equipment (OE) Wiper Blade market – A review of the latest technological developments and market trends for: – Glazing including Acoustic Windshields/Windscreens, Bare-Edge Glass, Enamels, Glass Processing, Head-Up Displays, Heated Windshields/Windscreens, Hydrophilic and Hydrophobic Coatings, Integrated Antennae, Laminated Side Glazing, Large Windshields/Windscreens, Car Windows, Modular Glazing, Panoramic Roofs, Polycarbonate, Sealing Systems, Shade Bands, Solar Control, Solar Roofs, Switchable Glazing, Tempered, Fog-Free and Frost-Free Solutions, Recycling Initiatives. – Mirrors including integrated Antennae, Telescopic Tow Mirrors, Blind Spot Monitoring, Acoustic Mirrors, Self-Cleaning, Mirror-Replacing Rearview Camera Systems, Rear View Mirror and Wing Mirror Updates. -Wipers including Flat Blade Tech, Reversing Twin Motor Systems, Connection Innovations, Direct Drive, Wash and Wipe. – Regional supplier market share data tables and commentary. – Exclusive interviews with OE suppliers including Corning, Covestro, Ficosa, Flabeg, Gentex, Harman, NordGlass, Pilkington, SABIC, Saint-Gobain Sekurit and SL Corporation. – PESTER (Political, Economic, Social, Technological, Environmental and Regulatory) analysis. – Updated profiles of the major suppliers including their strategies and prospects.

Reasons to Buy

– Gain a quick and comprehensive overview of Automotive Vision Systems. – Hear direct from leading companies on their strategies and plans. – Review the latest and most significant technological developments. – Know the key trends within this area and what’s driving them. – Spot opportunities and threats in this area. – Establish key companies’ latest activities and prospects.

[atomicdinosaurdonut]

Automotive Active Safety System Market | Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

Market Synopsis:

Automotive active safety systems are designed to increase vehicle safety and thus to enhance the driving experience. These systems alert the driver about the upcoming issues that may turn into fatal accidents. Including active safety features such as automated lighting, automatic braking, adaptive cruise control, connection to smartphones, incorporate traffic warnings, these systems alert the drivers about other cars or dangers proceeding, keep the driver in the correct lane, and instruct them about the blind spots.

The futuristic automotive technology is increasing the role of collision avoidance and mitigating the risk of an accident. This will increase the demand for an active safety system in automotive.  Owing to the vital role these active protection systems play in security and safety of automobiles these are garnering massive Market prominence, worldwide. Resultantly, the global Automotive Active Safety System Market is growing pervasively at a rapid pace.

Acknowledging the exponential accruals the Market is garnering currently, Market Research Future (MRFR) in its recently published study report asserts that the global Automotive Active Safety System Market is expected to reach exponential heights by 2023; registering a phenomenal CAGR throughout the review period (2017 to 2023).

Factors such as growing production of vehicles and the increase in stringent government regulations for safety are some of the key driving factors substantiating the Market growth. The growing production of passenger and commercial vehicles are generating a huge demand for active safety system which is driving the Market growth consecutively. The increased emphasis on safety of the drivers is encouraging many OEMs to develop parts that provide high strength and guide the driver using the latest safety technologies.

On the other hand, factors such as high capital investment required are obstructing the Market growth.  Nevertheless, augmenting demand for the safety technologies and the increasing number of automotive unit sale worldwide is expected to support the Market growth, increasing the uptake of active safety system in the vehicles.

Browse Report @ https://www.marketresearchfuture.com/reports/automotive-active-safety-system-market-5469

   Automotive Active Safety System Market – Segments

MRFR has segmented the analysis into four key dynamics; for better understanding:-

 By Products                                        : Tyre-Pressure Monitoring System, Lane Departure Warning, Adaptive Cruise Control, Night Vision System, Driver Monitoring, Anti-Lock Braking System, and Blind Spot Detection system among others.

By Occupant Types          : Driver, Passenger, Child, and Pedestrian

By Vehicle Types                             : Passenger Car and Commercial Vehicle

By Regions                                          :  North America, Europe, APAC and Rest-of-the-World.

 Automotive Active Safety System Market – Regional Analysis

The North American region is estimated to remain the largest Market for automotive active safety systems.  Substantial technological advancements and their uptake drive the Market growth in the region.  Factors such as increasing production of vehicles and the growing demand for safety features in automobiles drive the regional market. Well-established automotive industry in this region creates opportunities for the automotive active safety Market to grow significantly during the forecast period.

The European region is another lucrative Market for automotive active safety market. Europe has been the global automotive hub for research and innovation. Undoubtedly, the resurging economy is playing a vital role in the growth of the automotive active safety Market in the region.  The growing passenger cars markets in Germany, the UK, France, and Italy will majorly support the Market growth in the region.

European countries such as the U.K. and Germany backed by the enormous investments in automotive active safety Market and related technologies account for the significant growth contributors to the Market growth in the region.

The Asia Pacific region is rapidly emerging as a promising Market for automotive active safety systems.

The APAC automotive active safety Market is growing owing to the increase in the production of passenger and commercial vehicle in emerging nations such as India, China, and Japan. The vehicle production rate is growing rapidly in the APAC region due to the presence of a number of manufacturers.  

The increase in production of vehicles is resulting in increasing the use of safety technology for better safety of the drivers.  Advancements expected to happen in the safety technology will result in the growth of the active safety system Market in the region. Furthermore, the growth in the automotive active safety Market is driven by factors such as the increasing population and urbanization led by the improving economic conditions that are increasing the purchasing power of consumers.

 Automotive Active Safety System Market – Competitive Analysis

The Market for automotive active safety system appears to be highly competitive owing to the presence of numerous well-established players having the international and global presence. Mergers & acquisitions, innovation, and brand reinforcement remain the key trends for the leading players. Vendors strive to develop low-cost, compact systems, emphasizing on improved hardware.

Many automotive suppliers and OEMs are focusing on the development of active safety system to be at the front of the competition. Strong players in the Market raise the entry barriers for new entrants. Vendors providing these systems also offer after Market services to the end-users.

They deliver products through their distribution channels and dealers. Key manufacturers incorporate strategic alliances with local dealers and automotive manufacturers to expand their business in the countries where stringent regulations restrict them to export these systems.

Key Players

Fervent players driving the Market for the automotive active safety system include Continental (Germany), Bosch (Germany), Delphi Technologies (U.K.), Autoliv (Sweden), ZF Friedrichshafen (Germany), Hyundai Mobis (South Korea), DENSO (Japan), Valeo (France), Magna International (Canada), Infineon Technologies (Germany), FLIR Systems (U.S.), Ficosa International S.A. (Spain), Borg Warner Inc.(U.S.), PSA Peugeot Citroen (France), and CAx software (India).

Industry/Innovation/Related News:

November 07, 2018 – LeddarTech (Canada), a leading global provider of high performance, affordable solid-state LiDAR sensing technology for automotive, drones, collision avoidance and more and Towerjazz (Israel), a semiconductor manufacturing company announced the development of a next-generation automotive LiDARs. LeddarTech’s LiDAR solutions enable active safety systems and semi-autonomous capabilities in vehicles, paving the way toward fully autonomous driving.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5469

[shweta2707]

Global Automotive Tire Pressure Monitoring System (TPMS) Market Drivers, Trends, Opportunities, Industrial Analysis and Forecast till 2027

Summary:

Automotive tire pressure monitoring system (TPMS) is an electronic system that is used to observe tire pressure of vehicle by employing sensors through the wheel speed sensors of ABS/ESC systems. The market is expected to witness significant growth in the near future, owing to growing number of commercial as well as passenger vehicles.

The global Automotive Tire Pressure Monitoring System (TPMS) Market is estimated to account for US$ 9,335.4 Mn in terms of value by the end of 2019.

Market Drivers

Governments across various countries have started enforcing stringent safety regulations, which has mandated the integration of advanced vehicle safety systems such as TPMS, anti-lock braking system (ABS), and lane departure warning system. This has become essential to reduce increasing incidence of accidents. According to the National Motor Vehicle Crash Causation Survey (NMVCCS)’s study, tires that are underinflated by 25% are three times likely to be involved in accidents than vehicles with accurate tire pressure.

Moreover, TPMS helps to minimize these incidences by notifying driver about the low pressure in the tires. This, in turn, is expected to drive the market growth in the near future.

According to a study conducted by National Highway Traffic Safety Administration (NHTSA), underinflated tires consumer more fuel than properly inflated tires, i.e. 2 psi decrease in all four tire leads to 1-2% decrease in fuel economy of the vehicle. According to the same source, the use of tire pressure monitoring systems provides enhanced fuel economy of US$ 19.07-US$ 23.08 per vehicle over its lifetime. Moreover, TPMS can possibly save property damage associated with road accidents, which in turn, is expected to boost the market growth over the forecast period.

Statistics:

North America region dominated the global Automotive Tire Pressure Monitoring System (TPMS) Market in 2019, accounting for 39.9% share in terms of value, followed by Europe and Asia Pacific, respectively

Market Opportunities

Apart from developed countries such as the U.S., TPMS installation has become mandatory in passenger cars in the EU region and South Korea. Moreover, emerging economies such as China and India are the largest automakers along with Indonesia, Malaysia, Philippines, Turkey, and Russia are expected to enforce similar regulatory policies, mandating integration of TPMS in passenger cars. Automotive production in these countries is expected to increase significantly in the near future, which in turn, is expected to offer lucrative growth opportunities for market players.

Currently, TPMS is available in luxury and premium vehicle segment thus, market remains scarcely penetrated, thereby providing market opportunities.

Key companies in the market are focused on mergers and acquisitions, in order to enhance their market presence. For instance, in 2015, ZF Friedrichshafen AG acquired TRW Automotive; after acquisition ZF TRW was integrated within the Active & Passive Safety Technology Division that manufactures TPMS, among other products.

Request for the sample copy @   https://www.coherentmarketinsights.com/insight/request-sample/3272

Segment Information:

In global Automotive Tire Pressure Monitoring System (TPMS) Market, the passenger car sub-segment is estimated to be the largest market in 2019, accounting for 79.9% share in terms of value and is expected to dominate throughout the forecast period.

Request for the PDF Brochure @  https://www.coherentmarketinsights.com/insight/request-pdf/3272

Market Trends

Key players are focused on expanding their aftermarket business. Growing awareness regarding TPMS as an advanced safety technology and rising integration of automotive safety system are expected to boost the aftermarket TPMS sales during the forecast period. Moreover,

Key companies in the market are focused on selling their products through aftermarket distribution channel, in order to capitalize lucrative growth opportunities. For instance, in 2014, Denso Corporation commenced its Tire Pressure Monitoring System (TPMS) sensor program, in order to support aftermarket customers’ demands.

Key players in the market are involved in product differentiation through innovation in size, design, and battery life and even battery-less TPMS. Micro electro mechanical systems (MEMS) and SAW (surface acoustic wave) sensors are some of the advanced technologies used by key players.

Furthermore, key companies in the market are launching new product series with integration of advanced technologies. For instance, in July 2015, Bartec introduced new TPMS tools, Tech400Pro, a wireless TPMS scan tool covers features such as wireless data transfer via Bluetooth, wireless charging, wireless updating via Wi-Fi), and keyless entry testing—and Tech300Pro—an activation tool that works with multi-protocol sensors, OE TPMS sensors and can also be programed to work with aftermarket sensors.

Regulations

U.S.

Implementation of the TREAD act in 2000, following various accidents leading to numerous fatalities and the subsequent Firestone Recall, mandates use of TPMS in vehicles of 2004 model year. These include all passenger vehicles and light trucks with GWVR of 10,000 lbs. and less.

Key players operating in the global Automotive Tire Pressure Monitoring System (TPMS) market are:

ZF Friedrichshafen AG, ATEQ, Continental AG, Bartec USA LLC, Sensata Technologies, Inc., Huf Hülsbeck & Fürst GmbH & Co. KG, AUTOMOTIVE TECHNOLOGY CO., LTD., Rivigo Services, Denso Corporation, DUNLOP TECH GmbH, Pacific Industrial Co., Ltd., Bendix Commercial Vehicles Systems LLC, NXP Semiconductors, NIRA Dynamics AB, WABCO, and HAMATON AUTOMOTIVE TECHNOLOGY CO., LTD.

Key Developments

Major companies in the market are involved in participating in events and conferences, in order to enhance their market presence. For instance, in July 2019, ZF Friedrichshafen AG presented next-generation mobility solutions at IAA 2019.

Key players in the market are focused on partnerships and collaborations, in order to gain competitive advantage in the market. For instance, in August 2019, Rivigo Services partnered with JK Tyre to launch TPMS in commercial vehicles in India.

About Us

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions.

What we provide:

Customized Market Research Services

Industry Analysis Services

Business Consulting Services

Market Intelligence Services

Long term Engagement Model

Country Specific Analysis

Contact Us:

Mr. Shah

Coherent Market Insights Pvt.Ltd.

Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S.

Phone: +1–206–701–6702

Email: sales@coherentmarketinsights.com          

[starkjohnson-blog]

Feb 17, 2020 (Daily Market Journal via Comtex) -- The main purpose of the research report by Orbis Research on global Tyre Pressure Monitoring System (Tpms)...

[thetechnonews]

Automotive Radar Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Automotive radars are used for detecting objects on the road and sensing distances between vehicles in real-time. These radars help enhance driving efficiency and road safety. Automotive radars contain a receiver and transmitter, and is used for sending and receiving waves for detecting the distance, speed, and directions of objects. Collision detection, warning and mitigation, collision avoidance, blind spot monitoring and detection, lane change assistance, lane departure warning system, rear cross-traffic alerts, and vulnerable road user detection are some of the applications of automotive radar systems.

Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/ongoing-insight/automotive-radar-market-1843

Increasing concern regarding safety is one of the major factors driving growth of the automotive radar market.

Increasing demand for advanced safety system, comfort, and convenience systems, and increasing number of road accidents are expected to fuel growth of the automotive radar market. For instance, according to World Health Organization (WHO), an estimated 1.25 million road accidents were reported worldwide in 2013,out of which around 93% road traffic deaths were reported in low- and middle-income economies and over 50 million people were injured due to road accidents. Radar sensors are responsible for collecting vital information such as range, angle, and Doppler velocity, which is then used to determine the driving situation and warn drivers regarding potential collisions to avoid blind spot crashes. Thus, automotive radars increase safety, lower the risk of road accidents, and help manage road traffic, which in turn, influencing vehicle manufacturers to integrate advanced radar systems in vehicles. These factors are thus, expected to propel growth of the automotive radar market in the near future.

High cost of automotive radars is one of the major factors restraining growth of the market

The key factor restraining growth of the automotive radar market is the high cost of these radar systems. For instance, according to the Coherent Market Insights, in 2017, the costs for 24GHz, 77GHz, and 79GHz automotive millimetre-wave radar sensor modules were around US$ 50, US$ 150-220, and US$ 100-200, respectively. The cost of radars vary based on the range of detection, namely short range, medium range, and long range. Automakers thus refrain from using radar sensors in their vehicles, as it increases the overall cost of the vehicle, which negatively impacts sales and overall revenue. This in turn, is hampering growth of the market for automotive radars.

Global Automotive Radar Market: Regional Insights

The market for automotive radar in Europe accounted for the largest share in 2017 and is expected to retain its dominance over the forecast period (2018 – 2026). This growth is attributed to increasing stringency of vehicle safety norms for both active and passive safety standards on vehicles, by the European Commission (EC). For instance, the European commission set up General Safety Regulation (EC 661/2009), which mandates the use of electrical safety, electronic stability control, advanced emergency braking, tyre pressure monitoring, driver safety-belt reminder for trucks and buses. This, in turn, is expected to increase the installation of safety systems in vehicles, which is further expected to propel growth of the automotive radar market in Europe.

Global Automotive Radar Market: Competitive Landscape

Key players operating in the global automotive radar market include Continental AG, Denso Corporation, Robert Bosch GmbH, Infineon Technologies AG, Valeo, NXP Semiconductors, HELLA KGaA Hueck & Co., Texas Instruments Incorporated (TI), Autoliv Inc., and ZF Friedrichshafen AG.

Global Automotive Radar Market: Taxonomy

By Range Type

Long Range RADAR (LRR)

Short & Mid-Range RADAR (S&MRR)

By Frequency Type

2X-GHZ

7X GHZ

By Application

Adaptive Cruise Control

Autonomous Emerging Braking

Blind Spot Detection

Forward Collision Warning System

By Vehicles

Commercial Vehicles

Economic Passenger Vehicle

Luxury Passenger Vehicles

Mid-Price Passenger Vehicle

By Distribution Channel

OEM

Aftermarket

Inquire Here Before Purchase of Research Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/1843