#Global Automotive Tire Pressure Monitoring System (TPMS) Market

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Automotive TPMS Market Future Market Projections and Strategies 2024-2033 | Global Insight Services

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Automotive TPMS (Tire Pressure Monitoring System) is an electronic system designed to monitor and display the air pressure of a vehicle’s tires. It is a safety feature that helps drivers maintain proper tire pressure, which is crucial for safe and efficient driving.

The TPMS uses sensors to measure the air pressure inside each tire and sends this information to a central control unit. The control unit then displays the tire pressure on the dashboard, usually in the form of a warning light or a digital readout. If the pressure in any tire drops below the recommended level, the system will alert the driver, allowing them to take necessary action.

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Key Trends

Integration with Advanced Driver Assistance Systems (ADAS)

One of the key trends in automotive TPMS technology is its integration with ADAS. ADAS uses advanced sensors and cameras to assist drivers in various ways, such as lane departure warning, adaptive cruise control, and automatic emergency braking. By integrating TPMS with ADAS, the system can provide more accurate and real-time data on tire pressure and temperature, which can improve the overall safety and performance of the vehicle.

Wireless TPMS

Traditional TPMS systems use a direct sensor that is attached to the valve stem of each tire. However, the latest trend in TPMS technology is the use of wireless sensors that do not require physical connections to the tires. These sensors use radio frequency to transmit data to a central receiver, which then displays the information on the dashboard. Wireless TPMS is more convenient and cost-effective, as it eliminates the need for wiring and reduces installation time.

Key Drivers

Government regulations and safety standards: Government regulations mandating the use of TPMS in vehicles have been one of the major drivers of the market. For instance, in the United States, the National Highway Traffic Safety Administration (NHTSA) has made it mandatory for all new passenger cars, light trucks, and buses to be equipped with TPMS since 2007. This regulation was implemented to reduce accidents caused by underinflated tires, which can lead to decreased vehicle handling, increased braking distance, and tire blowouts.

Growing demand for vehicle safety: With the increasing number of road accidents and fatalities, there is a growing demand for vehicle safety features. TPMS is considered a crucial safety feature as it ensures that tires are properly inflated, reducing the risk of accidents caused by tire failures. This has led to the adoption of TPMS by automakers and consumers, driving the growth of the market.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segmentation

The Automotive TPMS market can be segmented by type, sales channel, vehicle type, propulsion and region. By type, the market can be divided into direct tire pressure monitoring system, indirect tire pressure monitoring system. By sales channel, the market can be divided into OEM and aftermarket. By vehicle type, the market can be divided into passenger vehicles, light commercial vehicles and heavy commercial vehicles. By propulsion, the market can be divided into ICE, electric and hybrid and alternate fuel vehicle. By region, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.

Key Players

The Automotive TPMS Market includes players such as ZF Friedrichshafen AG (DEU), ATEQ (FRA), Continental AG (DEU), Bartec USA LLC (USA), Sensata Technologies, Inc. (USA), Huf Hülsbeck & Fürst GmbH & Co. KG (DEU), AUTOMOTIVE TECHNOLOGY CO., LTD. (JPN), Rivigo Services (IND), Denso Corporation (JPN), DUNLOP TECH GmbH (DEU) among others.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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Sedan Wheel Market Growth and Trends

The sedan wheel market has experienced significant growth over the past few years, driven by advancements in automotive technology, increasing consumer preference for sedans, and rising demand for enhanced driving experiences. This article provides a comprehensive analysis of the sedan wheel market, focusing on its size, share, industry trends, forecast, and regional analysis.

Market Size and Share

Sedan wheel Market Size was estimated at 18.4 (USD Billion) in 2023. The Sedan Wheel Market Industry is expected to grow from 18.99 (USD Billion) in 2024 to 24.5 (USD Billion) by 2032. The sedan wheel Market CAGR (growth rate) is expected to be around 3.23% during the forecast period (2024 - 2032).The increasing production and sales of sedans, particularly in emerging markets, are major factors contributing to this growth.

The market share is segmented based on wheel type, material, and distribution channel. Alloy wheels hold a significant share due to their lightweight, durability, and aesthetic appeal. Steel wheels, while less popular, are still prevalent due to their cost-effectiveness. In terms of distribution channels, the aftermarket segment holds a considerable share as consumers often opt for wheel replacements and upgrades.

Industry Trends

Several key trends are shaping the sedan wheel market:

Technological Advancements: Innovations in wheel design and manufacturing processes are leading to the development of more efficient and lightweight wheels. Technologies such as 3D printing and advanced materials like carbon fiber composites are gaining traction.

Consumer Preferences: There is a growing preference for customized and high-performance wheels among sedan owners. This trend is driving demand for aftermarket wheels that offer improved aesthetics and performance.

Environmental Concerns: Increasing awareness about environmental sustainability is prompting manufacturers to develop eco-friendly wheels. Recyclable materials and energy-efficient manufacturing processes are becoming more common in the industry.

Integration with Advanced Vehicle Systems: Modern sedans are equipped with advanced systems such as tire pressure monitoring systems (TPMS) and electronic stability control (ESC). Wheels that are compatible with these systems are in high demand, leading to the development of technologically advanced wheels.

Forecast

The sedan wheel market is poised for robust growth over the forecast period. The sedan wheel Market CAGR (growth rate) is expected to be around 3.23% during the forecast period (2024 - 2032). Key factors driving this growth include:

Rising Sedan Sales: The increasing production and sales of sedans, particularly in emerging markets, will drive demand for sedan wheels. Economic growth and rising disposable incomes in these regions are contributing to higher sedan sales.

Technological Innovations: Continuous advancements in wheel design and manufacturing technologies will result in the development of more efficient and high-performance wheels, attracting consumers.

Aftermarket Demand: The growing trend of customizing and upgrading sedan wheels will continue to drive demand in the aftermarket segment.

Environmental Initiatives: Manufacturers' efforts to develop eco-friendly wheels and sustainable manufacturing practices will attract environmentally conscious consumers.

Regional Analysis

The sedan wheel market is geographically segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

North America

North America holds a significant share of the global sedan wheel market. The region's strong automotive industry, coupled with high consumer demand for sedans, drives market growth. The United States and Canada are key markets, with a high prevalence of both OEM and aftermarket sales.

Europe

Europe is another major market for sedan wheels, with countries like Germany, the UK, and France leading the charge. The region's focus on technological innovation and stringent environmental regulations drives the development of advanced and eco-friendly wheels. Additionally, the high demand for luxury sedans in Europe contributes to market growth.

Asia-Pacific

The Asia-Pacific region is expected to witness the highest growth rate during the forecast period. The rapid expansion of the automotive industry in countries like China, India, and Japan is a major factor driving market growth. Increasing disposable incomes and urbanization in these countries are leading to higher sedan sales, thereby boosting demand for sedan wheels.

Latin America

Latin America is also experiencing growth in the sedan wheel market. Brazil and Mexico are the primary contributors, driven by increasing automobile production and sales. The region's improving economic conditions and rising consumer preference for sedans support market development.

Middle East & Africa

The Middle East & Africa region is expected to show steady growth, with countries like the UAE and South Africa leading the market. The rising demand for high-performance and luxury sedans in these countries, coupled with improving automotive infrastructure, drives market growth.

Conclusion

The sedan wheel market is on a growth trajectory, driven by technological advancements, rising sedan sales, and increasing consumer preferences for customized and high-performance wheels. Regional markets in North America, Europe, and Asia-Pacific are expected to play crucial roles in this growth, supported by strong automotive industries and rising disposable incomes. As innovations continue to emerge and environmental concerns drive the development of eco-friendly wheels, the sedan wheel market will continue to expand, offering a wide range of options for consumers and manufacturers alike.

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Global Automotive Tire Tread Sensors Market Size, Share, & Growth report 2032

The Global Automotive Tire Tread Sensors Market size was estimated at USD XX billion in 2021 and is expected to hit around USD XX billion by 2030, poised to grow at a compound annual growth rate (CAGR) of XX% from 2022 to 2030.

Global Automotive Tire Tread Sensors Market: Breakup by Region, 2022 & 2031

The Automotive Tire Tread Sensors market refers to the segment of the automotive industry that produces and sells sensors designed to measure the tread depth and other characteristics of vehicle tires. These sensors are typically embedded within the tires or integrated with the wheels and are used to monitor tire wear, detect tire damage, and provide information about tire pressure and temperature. The market for these sensors is driven by increasing safety concerns, government regulations, and the need for improved fuel efficiency in vehicles. Automotive tire tread sensors are primarily used in passenger cars, commercial vehicles, and off-highway vehicles such as construction equipment and mining trucks.

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The global market scenario for various industries is shaped by a multitude of market drivers. Some of the key drivers that impact the global market include technological advancements, changing consumer preferences and lifestyles, increasing urbanization, growing population, and rising disposable income. Additionally, government regulations and policies, international trade agreements, and geopolitical factors can also influence the global market. In recent years, concerns around sustainability and environmental protection have also become important drivers for market growth, as consumers and businesses increasingly prioritize eco-friendly products and practices. The COVID-19 pandemic has also had a significant impact on the global market, leading to shifts in consumer behavior and changes in supply chain dynamics.

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The global market scenario is characterized by a variety of market trends that are shaping industries across the world. One key trend is the growing adoption of digital technologies, such as artificial intelligence, big data analytics, and the Internet of Things, which are transforming businesses and enabling new opportunities for growth and innovation. Another trend is the increasing focus on sustainability and environmental responsibility, with consumers and businesses seeking out products and services that are eco-friendly and socially responsible.

Market Segmentation:

Market Breakup: By Technology

RFID (Radio Frequency Identification)

Pressure-Based

Piezoelectric Sensors

Market Breakup: By Type

Indirect And Direct Tire Pressure

Monitoring Systems (TPMS)

Tread Wear Indicators

Market Breakup: By Vehicle Type

Passenger Cars

Commercial Vehicles

Off-Highway Vehicles

Regional Analysis

The size and scope of the global Automotive Tire Tread Sensors Market vary by region and are important and expanding. Below is a quick summary of the industry’s regional analysis:

North America is a mature market for Automotive Tire Tread Sensors, with a high adoption rate of advanced automotive technologies. The presence of major automotive manufacturers and strict government regulations regarding vehicle safety are key drivers for market growth in the region.

Europe is another mature market, with a high demand for advanced safety features in vehicles. The region has strict regulations regarding vehicle safety and emissions, which is driving the adoption of Automotive Tire Tread Sensors.

Asia-Pacific is a rapidly growing market for Automotive Tire Tread Sensors, due to the increasing demand for passenger and commercial vehicles, particularly in countries such as China and India. The region has a large automotive industry and is home to some of the major tire manufacturers, which is fueling the demand for Automotive Tire Tread Sensors.

South America has a growing demand for Automotive Tire Tread Sensors, due to the increasing adoption of advanced automotive technologies and government regulations regarding vehicle safety. Brazil is the largest market in the region.

The Middle East & Africa region has a relatively small market for Automotive Tire Tread Sensors, but is expected to grow due to increasing demand for advanced automotive technologies and government initiatives to improve road safety. The region has a growing automotive industry and increasing urbanization, which is driving the demand for Automotive Tire Tread Sensors.

Market Breakup by Region

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Competitive Landscape

The Automotive Tire Tread Sensors Market competitive landscape provides details by competitor. Details included are company outline, company financials, revenue generated, market potential, investment in research and development, new market initiatives, worldwide occurrence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The overhead data points providing are only related to the businesses’ focus related to Automotive Tire Tread Sensors marketplace.

Market Size:

As of [current year], the Global Automotive Tire Tread Sensors Market has witnessed substantial growth, with a market size estimated at [provide statistics]. The increasing emphasis on vehicle safety, along with the integration of smart technologies in automobiles, has fueled the demand for tire tread sensors globally. With automotive manufacturers and consumers alike recognizing the importance of real-time tire monitoring, the market is poised for further expansion.

Growth Drivers:

Safety Takes the Driver’s Seat: The primary catalyst propelling the growth of tire tread sensors is the heightened focus on road safety. These sensors provide real-time data on tire conditions, enabling drivers to take proactive measures before potential issues arise. With safety standards becoming more stringent worldwide, the integration of tire tread sensors has become a necessity rather than a luxury.

Smart Mobility Solutions: The era of smart mobility has dawned upon the automotive industry, and tire tread sensors play a pivotal role in this transformation. These sensors contribute to the development of connected vehicles, offering valuable insights into tire health, optimizing fuel efficiency, and enhancing overall vehicle performance. As the automotive landscape embraces connectivity, the demand for tire tread sensors is expected to surge.

Fuel Efficiency and Environmental Concerns: In a world increasingly conscious of environmental impact, automotive manufacturers are seeking ways to enhance fuel efficiency. Tire tread sensors aid in maintaining optimal tire pressure and tread depth, directly influencing fuel economy. This green initiative aligns with global efforts to reduce carbon emissions and create a more sustainable future.

Trends Steering the Market:

Integration with IoT and AI: The integration of tire tread sensors with Internet of Things (IoT) and Artificial Intelligence (AI) technologies is a notable trend. This combination allows for predictive maintenance, as sensors can analyze data patterns and predict potential tire issues before they become critical. This predictive approach enhances vehicle safety and reduces unexpected breakdowns.

OEMs Leading the Charge: Original Equipment Manufacturers (OEMs) are at the forefront of adopting and integrating tire tread sensor technology into their new vehicle models. This trend is driven by the desire to offer advanced safety features, stay competitive in the market, and meet evolving consumer expectations for smart and connected vehicles.

Rise of Autonomous Vehicles: The growing interest and development of autonomous vehicles further amplify the importance of tire tread sensors. In autonomous driving scenarios, where real-time data is crucial for vehicle control, these sensors contribute significantly to ensuring a safe and smooth ride.

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Tire Market: Trends, Challenges, and Future Outlook

In the bustling world of automotive industries, the tire market stands as a crucial cornerstone, shaping not just transportation but also influencing global economies. As vehicles traverse varied terrains and climates, tires play a pivotal role in ensuring safety, efficiency, and performance. With the continuous advancements in technology, shifting consumer preferences, and environmental concerns, the tire market is witnessing dynamic changes, presenting both challenges and opportunities for stakeholders.

Understanding the Current Landscape

Tire Market Overview: The tire market encompasses a vast array of segments, including passenger vehicles, commercial vehicles, off-highway vehicles, and specialty vehicles. The global Automotive Tire market size is estimated to be worth US$ 134990 million in 2022 and is forecast to a readjusted size of US$ 167870 million by 2028 with a CAGR of 3.7% during the review period. According to recent research reports, the global tire market is experiencing steady growth, driven by factors such as increasing vehicle production, rising disposable incomes, and expanding automotive aftermarket services.

Market Share and Revenue: Leading tire manufacturers vie for market share, constantly innovating to gain a competitive edge. Companies such as Michelin, Bridgestone, Goodyear, and Continental consistently feature among the top players in terms of revenue and market presence. Their strategies encompass product diversification, technological advancements, and strategic partnerships to capture a larger market share.

Industry Analysis: The tire industry undergoes rigorous analysis to identify emerging trends, consumer preferences, and competitive landscapes. Market research reports delve deep into various aspects such as tire types (radial, bias), materials (rubber, synthetic), and end-users (OEMs, aftermarket).

Trends Shaping the Future

Shift towards Sustainable Solutions: With increasing environmental consciousness, there's a notable shift towards eco-friendly tire solutions. Manufacturers are exploring alternatives to traditional rubber, incorporating recycled materials, and developing tires with lower rolling resistance to enhance fuel efficiency.

Rise of High-Performance Tires: Enthusiasts and consumers alike are driving the demand for high-performance tires, seeking superior handling, grip, and durability. This segment encompasses not only sports cars but also performance-oriented SUVs and sedans, presenting lucrative opportunities for tire manufacturers.

Technological Innovations: The tire industry is witnessing a surge in technological innovations, including the development of airless tires, intelligent tires embedded with sensors for real-time monitoring, and advancements in tire manufacturing processes such as 3D printing and nanotechnology.

Digital Transformation: Digitalization is revolutionizing the tire industry, from online tire sales platforms to tire pressure monitoring systems (TPMS) integrated into vehicles. Data analytics and artificial intelligence are being leveraged to optimize tire performance, predict maintenance needs, and enhance overall driving safety.

Challenges to Navigate

Supply Chain Disruptions: The tire industry, like many others, faces challenges stemming from supply chain disruptions, raw material shortages, and geopolitical uncertainties. Striking a balance between global sourcing and local production becomes essential to mitigate risks and ensure continuity.

Regulatory Compliance: Stringent regulations pertaining to tire manufacturing, labeling, and disposal pose compliance challenges for manufacturers. Adhering to standards related to safety, emissions, and sustainability requires continuous adaptation and investment in R&D.

Market Fragmentation: The tire market is inherently fragmented, with diverse consumer preferences, regional variations, and vehicle-specific requirements. Tailoring product offerings to meet varied demands while maintaining economies of scale presents a balancing act for manufacturers.

Future Outlook

Despite challenges, the future of the tire market appears promising, driven by innovation, sustainability initiatives, and technological advancements. As electric vehicles gain prominence, the demand for specialized tires optimized for EV performance is expected to rise. Moreover, the advent of autonomous vehicles opens new avenues for tire manufacturers, necessitating tires capable of meeting the unique demands of self-driving technology.

Conclusion

The tire market remains dynamic and resilient, adapting to changing landscapes while catering to evolving consumer needs. By embracing innovation, sustainability, and digital transformation, stakeholders can navigate the complexities of the tire industry and emerge stronger in the competitive global market. As we journey towards a future of mobility, tires will continue to be the foundation upon which safe and efficient transportation relies.

[marketresearch99]

Efficient Energy Solutions: Innovations in Energy Harvesting Systems

In the pursuit of sustainable and efficient energy solutions, the Energy Harvesting System Market emerges as a frontrunner, revolutionizing the way we harness and utilize power from ambient sources. As we step into 2023, this market continues to witness remarkable advancements, offering innovative technologies that pave the way towards a greener and more self-sufficient future.

The Concept of Energy Harvesting

Energy harvesting, also known as energy scavenging, involves capturing and converting energy from surrounding sources such as light, heat, vibration, or motion into usable electrical power. This principle serves as the foundation for diverse applications across various industries, enabling the generation of electricity where traditional power sources may be limited or inaccessible.

Diverse Sources of Energy

The Energy Harvesting System Market embraces a spectrum of ambient energy sources, each with its unique potential for power generation. Solar photovoltaic cells capture sunlight to produce electricity, while thermoelectric generators harness temperature differentials to generate power. Furthermore, kinetic energy from vibrations or motion can be converted into electrical energy through piezoelectric or electromagnetic systems.

Applications Across Industries

One of the key driving forces behind the Energy Harvesting System Market's growth is its diverse applications across industries. In the realm of IoT (Internet of Things), energy harvesting enables self-powered sensors, wireless devices, and remote monitoring systems, eliminating the need for batteries and facilitating continuous and autonomous operation.

In building automation and smart infrastructure, energy harvesting technologies power wireless sensors for environmental monitoring, lighting control systems, and smart meters, contributing to energy efficiency and reducing maintenance costs.

Moreover, in the automotive sector, these systems find applications in tire pressure monitoring systems (TPMS) and vehicle health monitoring, enhancing safety and efficiency while reducing the environmental impact.

Advancements Driving Efficiency

Technological advancements continue to drive the efficiency and effectiveness of Energy Harvesting Systems. Ongoing research focuses on improving the conversion efficiency of energy harvesters, enhancing energy storage solutions, and optimizing system integration to maximize power output from ambient sources.

Additionally, miniaturization and advancements in material science lead to the development of more compact and lightweight energy harvesting devices, making them more versatile and applicable across a wider range of scenarios.

Sustainability and Environmental Benefits

The Energy Harvesting System Market of 2023 aligns with global sustainability goals, offering eco-friendly solutions that reduce reliance on traditional power sources and minimize carbon footprints. By utilizing renewable and ambient energy sources, these systems contribute to a more sustainable and greener future while reducing waste associated with disposable batteries.

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Future Outlook and Innovation Trajectory

Looking ahead, the Energy Harvesting System Market shows promise for further expansion and innovation. Research initiatives focus on exploring novel materials, advanced integration techniques, and hybrid energy harvesting systems that combine multiple sources for increased efficiency and reliability.

Moreover, advancements in AI (Artificial Intelligence) and machine learning are poised to optimize energy harvesting systems by predicting and adapting to varying ambient conditions, maximizing energy capture and utilization.

Conclusion

The Energy Harvesting System Market in 2023 embodies a paradigm shift towards sustainable and self-sufficient energy solutions. As it continues to evolve and innovate, this market remains a cornerstone in the journey towards a future powered by renewable and ambient energy sources. With its diverse applications, technological advancements, and commitment to sustainability, energy harvesting promises a more efficient, autonomous, and environmentally conscious world.

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How Continental & Sensata is redefining the US TPMS Market with Innovation & Sustainability: Ken Research

Sensata & Continental place full emphasis on providing technological advancements to a large section of the country, while keeping sustainable practices in mind.

Advancements in TPMS technology have brought about direct and indirect systems, with Continental AG leading the way with battery-mounted rim sensors for accurate inflation measurement. With a legacy spanning 25 years, Sensata Technologies boasts over 500 million TPMS installations globally, offering revolutionary solutions like Bluetooth-enabled Low Energy communication, tire-mounted hardware, and virtual sensors that transcend pressure and temperature monitoring.

Story Outline

Sensata & Continental have pioneered direct and indirect TPMS systems, with Continental AG's battery-mounted rim sensors and Sensata Technologies' innovative offerings, which Bluetooth-enabled communication and virtual sensors, revolutionizing pressure and temperature monitoring.

Continental AG offers Repair Parts and Workshop Equipment, while Sensata Technologies leads in sensor-based solutions. Their diagnostic and safety-focused products, including engine and tire pressure sensors, highlight their commitment to enhance vehicle safety, and sustainability.

Continental focuses on sustainability through carbon neutrality, emission-free mobility, and circular economy principles. Sensata's environmentally conscious product designs like Brake Pedal Force Sensors and Absolute Encoders, demonstrate their dedication to reducing emissions, through the circular economy.

According to Ken Research, the US Automotive Tire Pressure Management System market is expected to reach $6 billion, by 2028 because of government policies ensuring the TPMS system is installed in every personal & commercial vehicle.

1. From Continental’s Direct System to Sensata’s High Tech Evolution

https://www.kenresearch.com/blog/wp-content/uploads/2023/11/Sensata-Technologies-Company-Growth.jpg

Click to know about the Report:- US Automotive TPMS Market

There have been advancements in technology in TPMS systems which includes the direct TPMS system & indirect TPMS system. For passenger cars, Continental AG had invented direct measurement systems which had battery sensors which was mounted on the rim & integrated into the valve which measured the inflation pressure & sends a high frequency signal to the receiver.

Sensata Technologies has been providing tire management solutions for the automotive industry in 25 years. They have more than 500 million TPMS installed across the world. As a leading provider, they offer innovative technology like Bluetooth enabled Low energy communication, tire-mounted sensing hardware & virtual sensors, enabling beyond pressure & temperature.

2. Continental AG and Sensata Technologies Redefine Aftermarket Potential

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The aftermarket segment presents growth opportunities, as existing vehicle owners refit their vehicles with TPMS systems. Continental AG offers Repair Parts of top quality with easy installations, Workshop Equipment with innovative diagnostic solutions & high-quality professional tools, Diagnostic Solutions which make auto service faster & accurate & Special Vehicle Solutions.

Sensata Technologies has led the market in sensor & sensor-based solutions for controllers, software & other mission critical products. With the mission of increasing performance, safety & reducing emissions, the sensors & switches can detect controls for engine, exhaust after treatment, chassis, tire pressure monitoring & safety.

According to Ken Research, the US Automotive Tire Pressure Management System market is expected to reach $6 billion, by 2028 because of government policies ensuring the TPMS system is installed in every personal & commercial vehicle.

3. Sensata & Continental Drive Innovation with Auto Manufacturers with TPMS Excellence

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Building strong relationship with vehicle manufacturers is crucial for TPMS suppliers. Towards the end of 2022, Sensata Technologies introduced new Tire Mounted sensors deliver additional sensing capabilities, tire identification & life time data continuity to provide benefits to drivers & tires OEM.

Continental AG supports various automotive brands for 15 years where they not only serve the premium & niche markets, but also serve volume manufacturers as service providers & extended workbench for special tasks, as they provided with know-how, continuity & flexibility to their customers.

4. TPMS Innovations by Continental & Sensata Driving Sustainability

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As sustainability becomes important in today’s environment, TPMS systems can contribute to fuel efficiency & reduced carbon emissions by maintaining proper tire pressure. Continental AG focuses on 4 areas of sustainability which includes: Carbon neutrality, Emission free mobility & industry, Circular economy & Responsible Value Chain.

Sensata Technologies provides technological solutions, keeping in mind sustainable choices which will protect the environment. The products include Brake Pedal Force Sensor, H25 Series Absolute Encoder, AJ11 Joysticks etc. The company believe in circular economy wherein they design products to optimize & increase the lifespan of their customers through reduced emissions & waste.

Conclusion

Continental AG and Sensata Technologies have stood as trailblazers in TPMS innovation. They’re pioneering direct and indirect systems to showcase their commitment to revolutionize tire management. As sustainability gains paramount importance, their cutting-edge solutions not only enhance vehicle performance and safety but also contribute to a greener future. Through strong manufacturer relationships and a focus on sustainability, these industry leaders are shaping a more efficient, connected, and eco-conscious automotive world.

[electronalytics]

Primary Lithium Cells & Batteries Market Key Players, End User Demand and Analysis Growth Trends by 2032

Market Overview:

The primary lithium cells and batteries market refers to the industry involved in the production, distribution, and sales of primary (non-rechargeable) lithium-based batteries. Primary lithium batteries are commonly used in various applications where long-lasting power and reliability are essential, such as in medical devices, military equipment, aerospace applications, and portable electronics.

The Global Primary Lithium Cells & Batteries Market It is projected to reach USD 170.77 billion by 2030, growing at a CAGR of 17.5% during the forecast period (2022-2030).

Market Demand:

The demand for primary lithium cells and batteries is driven by several factors, including:

Portable Electronics: The increasing use of portable electronic devices such as smartphones, tablets, wearable devices, and wireless sensors requires compact and long-lasting power sources. Primary lithium cells and batteries are often preferred for their high energy density, lightweight nature, and ability to deliver stable power over extended periods.

Medical Devices: Primary lithium batteries are extensively used in various medical devices, including pacemakers, defibrillators, glucose meters, hearing aids, and implantable devices. These batteries offer long operational life, reliability, and high energy density, making them suitable for critical medical applications.

Industrial Applications: Primary lithium batteries find applications in diverse industrial sectors, such as oil and gas, remote monitoring systems, security systems, and military equipment. These batteries are preferred due to their ability to operate in extreme temperatures, high energy density, long shelf life, and low self-discharge rates.

Automotive Industry: Primary lithium batteries are used in specific automotive applications such as tire pressure monitoring systems (TPMS) and keyless entry systems. The growing automotive industry and the increasing adoption of electric vehicles (EVs) also contribute to the demand for rechargeable lithium-ion batteries, which are different from primary lithium cells.

Key Factors Affecting the Market:

Several factors influence the primary lithium cells and batteries market. Some key factors include:

Technological Advancements: Ongoing research and development efforts to improve the performance, energy density, safety, and cost-effectiveness of primary lithium batteries are crucial for market growth. Advancements in materials, electrode designs, and manufacturing processes can significantly impact the market demand.

Environmental Regulations: Environmental concerns and regulations play a role in shaping the market dynamics. The proper disposal and recycling of primary lithium batteries are important due to their chemical composition. Regulatory initiatives and consumer awareness regarding the environmental impact of battery waste management can influence the market.

It's important to note that the primary lithium cells and batteries market is dynamic, and market conditions may change over time due to technological advancements, regulatory developments, and evolving consumer demands. For the most accurate and up-to-date insights, it's recommended to refer to industry reports, market research, and analysis specific to the primary lithium cells and batteries market.

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.”

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Market Segmentations:

Global Primary Lithium Cells & Batteries Market: By Company • VARTA Microbattery • SAFT • Hitachi Maxell • Vitzrocell • Renata SA • Gold Peak • EVE Energy • Huiderui Lithium Battery • FDK CORP. • Ultralife Global Primary Lithium Cells & Batteries Market: By Type • Li-MnO2 • Li-SOCl2 • Li-SO2 • Others Global Primary Lithium Cells & Batteries Market: By Application • TPMS • RKE • Metering • Intelligent Security • Consumer Electronics • Others Global Primary Lithium Cells & Batteries 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 Primary Lithium Cells & Batteries 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.

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Automobile Pressure Sensor Market Growth Roadmap: Analysis from the Latest Research Report

Automobile Pressure Sensor Market size was $40.39 Billion in 2022, and is anticipated to rise at a CAGR of 6.57% and will reach $67.2 Billion by 2030.

Market Overview:

The global automobile pressure sensor market is expected to grow at a CAGR of around 6.57 during the forecast period of 2023-2030. The market is driven by factors such as the increasing adoption of advanced driver assistance systems (ADAS) and the growing demand for fuel-efficient vehicles. The tire pressure monitoring system (TPMS) segment is expected to be the largest market segment for automobile pressure sensors. Geographically, Asia Pacific is expected to be the largest market for automobile pressure sensors, followed by Europe and North America. The market growth is driven by technological advancements, regulatory mandates, and the increasing demand for safety and fuel efficiency in automobiles.

Get Free Sample Copy @ https://www.themarketinsights.com/request-sample/265237 Covid-19 Impact:

The COVID-19 pandemic had a significant impact on the global automobile pressure sensor market. The outbreak resulted in a decline in automotive production and sales in the first half of 2020 due to factory closures, supply chain disruptions, and reduced demand from consumers. As a result, the market experienced a slowdown in growth during this period. However, with the easing of the lockdown and the resumption of manufacturing and sales activities, the market has started to recover. Additionally, the pandemic has accelerated the adoption of digitization and automation in the automotive industry, which is expected to drive the growth of the market in the coming years.

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Growth Drivers:

Increasing adoption of advanced driver assistance systems (ADAS): With the growing focus on safety features in automobiles, there is a rising demand for ADAS that require pressure sensors to operate. This includes systems such as tire pressure monitoring, brake assist, and airbag systems, which rely on pressure sensors to function.

Growing demand for fuel-efficient vehicles: The demand for fuel-efficient vehicles is increasing globally due to concerns about environmental sustainability and rising fuel prices. Pressure sensors are an integral part of engine management systems, which are critical to achieving fuel efficiency. As a result, the increasing demand for fuel-efficient vehicles is expected to drive the growth of the automobile pressure sensor market in the coming years.

Restraining factors:

High cost of pressure sensors: The cost of pressure sensors remains relatively high, which could limit their adoption, particularly in low-end vehicles. The cost of sensors could be a significant barrier, especially for small and medium-sized automotive manufacturers.

Supply chain disruptions: The COVID-19 pandemic has exposed the vulnerability of global supply chains. The automotive industry is highly dependent on supply chains from different regions, and any disruption could lead to delays in production and delivery. The shortage of critical components, including pressure sensors, could hamper the growth of the market, leading to increased costs and delays in project execution.

Opportunity factors in Automobile Pressure Sensor Market:

Technological advancements: The growing emphasis on automotive safety and the increasing adoption of ADAS technologies are driving the demand for more advanced and reliable pressure sensors. This creates an opportunity for manufacturers to develop and introduce more innovative and efficient sensors, including sensors with improved accuracy, sensitivity, and durability.

Increasing demand for electric vehicles: With the increasing focus on environmental sustainability, the demand for electric vehicles (EVs) is expected to grow rapidly in the coming years. EVs require specialized pressure sensors for the battery cooling system, and as the market for EVs expands, the demand for these sensors is also expected to increase, providing an opportunity for sensor manufacturers to expand their customer base.

Challenges in Automobile Pressure Sensor Market:

Increasing competition: The market is highly competitive, with a large number of players operating globally. This creates pricing pressure and reduces profit margins for manufacturers. Moreover, the high degree of competition often results in companies needing to invest heavily in research and development to stay ahead of their rivals.

Complexity in design and integration: Pressure sensors are complex components that require careful design and integration into automotive systems. The integration process can be challenging, particularly when it comes to complex systems such as ADAS, which require sensors to communicate with each other and with the vehicle’s onboard computer. This complexity increases the risk of errors and malfunctions, which could lead to product recalls and reputational damage.

Segmentation:

Vehicle Type: The market can also be segmented by vehicle type, including passenger cars, commercial vehicles, and electric vehicles. Each vehicle type has different requirements for pressure sensors, depending on factors such as size, weight, and performance. For instance, commercial vehicles require more robust and durable sensors than passenger cars, while electric vehicles require specialized sensors for battery management.

Application: The market can also be segmented by application, including tire pressure monitoring systems, engine management systems, airbag systems, brake systems, and others.

Regional Insights:

North America: The region has a significant market share, owing to the high demand for safety features in vehicles and the increasing adoption of ADAS technologies. The US is the largest market in the region, driven by the presence of major automotive manufacturers and the increasing focus on fuel efficiency and emission reduction.

Europe: The region is a mature market for automobile pressure sensors, driven by the presence of established automotive manufacturers and stringent safety and emission regulations. Germany is the largest market in the region, driven by the presence of leading automotive manufacturers and the increasing adoption of electric vehicles.

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Top Players:

Robert Bosch GmbH

Denso Corporation

Continental AG

Delphi Technologies

Sensata Technologies, Inc.

Infineon Technologies AG

Texas Instruments Inc.

TE Connectivity

NXP Semiconductors

Analog Devices, Inc.

Recent Developments in Automobile Pressure Sensor Market:

Robert Bosch GmbH: In 2020, Bosch developed a new pressure sensor system that can accurately measure the tire pressure of electric vehicles even when they are stationary, which helps to extend the range and battery life of EVs.

Denso Corporation: In 2020, Denso announced the development of a new pressure sensor that can detect the pressure inside gasoline direct injection (GDI) systems, which helps to improve fuel efficiency and reduce emissions.

Continental AG: In 2021, Continental announced the development of a new high-pressure sensor that can accurately measure the pressure in fuel cells used in hydrogen-powered vehicles, which helps to improve their performance and reliability.

Delphi Technologies: In 2020, Delphi Technologies introduced a new pressure sensor that can accurately measure the pressure inside fuel injectors, which helps to improve fuel efficiency and reduce emissions.

Sensata Technologies, Inc.: In 2021, Sensata Technologies announced the development of a new high-precision pressure sensor that can be used in fuel cell vehicles to accurately measure the pressure in hydrogen tanks.

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[researchvishal]

Tire Pressure Monitoring System Market Research, Segmentation, Key Players Analysis & Forecast By 2033

Over the forecast period of 2022 to 2032, the Automotive TPMS market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Bn by 2032. Commercial vehicles are heavier and despite being well-equipped with tire pressure, suffer frequent tire burst due to poor road conditions. TPMS takes away the guesswork by alerting the driver when a vehicle's tires are low on air or flat. This information reduces the chances of accidents and further improves the efficiency for utilizing fuel, as optimized air pressure in a tire moves the vehicle smoothly.

Various government bodies all over the globe have imposed stringent passenger safety regulations on automobile manufacturing. The automotive industry's expansion, initiatives to adopt advanced technologies, develop structured safety features, and a growing trend of government and consumer adoption of autonomous vehicles is expected to create opportunities for growth in the market.

The global TPMS market is expected to be benefited from rising per-capita income in developing economies, as well as increasing demand for premium and luxurious features in vehicles over the forecast period. Countries with a large trucking industry plan to standardize the use of tire pressure monitoring systems (TPMS) in heavy commercial vehicles, resulting in higher sales.

TPMS is becoming an innovative component in a vehicle. Furthermore, increase in the safety standards adopted by the key manufacturers all over the globe is anticipated to benefit the growth in the market. Increasing sales of electric vehicles are also expected to propel the demand for tire pressure monitoring system in the forthcoming years.

 “The quick adaptation of technologies in the automotive sector will fuel the adoption of TPMS. The market for Advance driver assistance systems is benefiting from rising demand for safe care driving, government regulation on road safety, which is expected to have a direct impact on the TMPS market,” says an FMI analyst.

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Key Takeaways:

Based on technology type, demand for pressure sensor is expected to increase at a CAGR of about 10% over the assessment period.

By region, Europe and East Asia are expected to be collectively account for a market share of more than 70.9% by 2032.

In terms of vehicle type, passenger vehicle segment is estimated to dominate the market holding more than 75.0% of the total market share.

Total sales in the U.S. market will reach a valuation of US$ 0.3 Bn in 2022.

China will offer an incremental opportunity of more than US$ 2.9 Bn over the forecast period.

Germany will account for more than 25.9% of the Europe tire pressure monitoring system market in 2022.

Competitive Landscape

Texas Instruments Incorporated, Intel Corporation, NVIDIA Corporation, Continental AG, and others are among the industry's key market participants.

Manufacturers and developers of tire pressure monitoring systems are constantly investing in improving the system's application while reducing human interference and increasing accountability.

[severepeanutperfection]

TPMS Battery Market Brief Forecast and Analysis by Top Key Players to 2026

Persistence Market Research digs deep into the global TPMS battery market and fetches key information through structured market research. The report reveals that the CR type battery will dominate the market and is estimated to hold more than an 80% market value share.

It is expected to grow with a CAGR (Value) of 8.4% by the end of the forecast period 2026. The present estimated value of the global TPMS Battery market is more than US$ 451.6 Mn in 2018 and the market will expand with a CAGR of 8.2% to reach US$ 847.4 Mn by the end of 2026.

Global TPMS Battery Market Dynamics

The global TPMS battery market is estimated to be driven by the increasing production of vehicles across the globe. Healthy growth in the automotive industry will also be a prime factor supplementing market growth. Growing regulations that mandate the installation of TPMS in developed regions such as North America, Europe and China act as a catalyst in the overall growth of the TPMS battery market.

Moreover, the increasing adoption of automotive safety systems is the key factor driving the growth of the tire pressure monitoring systems (TPMS) market. This will further upsurge the demand for TPMS batteries over the forecast period. Product development is expected to remain the major focus area for leading players in the market.

On the other hand, one of the major challenges faced by TPMS battery manufacturers is that new TPMS sensors requires no batteries, which is anticipated to hamper the growth of the TPMS battery market over the forecast period. Moreover, TPMS sensors help in tracking vehicles, which is also expected to hinder the growth of the TPMS & TPMS battery market in the near future. Leading players in the market are observed to use research & development as a major part of their strategy to launch new and innovative products.

Global TPMS Battery Market Forecast

Market insights suggests that the overall width of the global TPMS battery market will expand within the forecast period. Several positive changes are expected to fuel the growth of the market. The market is relatively small and each portion has a crucial role to play.

By battery type, the CR type battery segment will play a pivotal role in building market revenue and is expected to occupy a major share of the market. The report hints that the lithium ion segment by type will account for a value share of 92.0% in the global TPMS battery market.

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Global TPMS Battery Market: Competitive Landscape

Some of the key market participants reported in this study of the global TPMS battery market include Murata Manufacturing Co., Ltd., Panasonic Corporation, Maxell, Ltd., Duracell Inc., The Swatch Group (Renata SA), BE-Power GmbH, EVE Energy Co., Ltd., Guangzhou Mai Sheng Energy Technology Co Ltd, Suzhou South Large Battery Co., Ltd. and Shenzhen Pkcell Battery Co., Ltd.

TPMS Battery Market Global Industry Analysis

Battery Type

CR Type Battery

BR Type Battery

CR 2032

CR 2430

CR 2320

Capacity

Up to 350 mA

Above 350 mA

Type

Lithium ion

Nickel Metal Hydride

Sales Channel

OES (Original Equipment Supplier)

IAM (Independent Aftermarket)

Distribution Channel

Offline Sales

Online Sales

Region

North America

Latin America

Europe

South East Asia & Pacific

China

Japan

Middle East & Africa (MEA)

[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.

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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.

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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.

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Pressure Sensors Market - Forecast(2022 - 2027)

Pressure sensor are devices that detects, measures, and transmits data pertaining to fluid and gas flow, speed, water level, and altitude. With its sense of pressure it also helps in evaluating human medical conditions, and wearable medical devices market a prominent employer of pressure sensors in healthcare setting is forecast to reach $41 billion by 2020. Performance of devices and components in various sectors including automotive, consumer electronics, oil and gas, healthcare, and industrial are monitored by pressure sensors, thus forewarning any adjustments and avoiding mechanical break-down to curb adverse economic effects and inefficiency in production. Owing to its adjacent sectors experiencing unprecedented demand delivered via global industrialization, pressure sensors market size with ample opportunities is worth $5.11 billion as of 2018.

Pressure Sensors Market Outlook:

Microelectromechanical Systems (MEMS pressure sensors) through its application in the semiconductor industry has added new opportunities in the pressure sensors market and is progressing with an application CAGR of 13% during the forecast period of 2019-2025. In 2017, semiconductors sales witnessed an increment by 13.7% mounting to the figure of $468.8 billion and an unprecedented sales record of shipping 1 trillion units for first time in 2018 as per the Semiconductor Industry Association. Due to its application in the billion dollar semiconductor industry, MEMS pressure sensors is all set to drive the market with abundant demand. Semiconductors are the most vital elements augmenting the trend of electrical and electronics in various sectors such as electric vehicles and healthcare monitoring devices.

A critical analysis of the various application segments and business insights of pressure sensors market identified automotive sector as the subdivision with highest demand. Automotive industry with a production rate of 91 million units (OICA) in 2018 is progressing with an application CAGR of 14.10% during the forecast period of 2019-2025. Automotive sector employs pressure sensors in Tire Pressure Monitoring Systems (TPMS), engine health management systems and engine gas recirculation (EGR) systems. Occupant sensing system market for automotive worth $721.63 million as of 2018 employs a pressure sensor as an imperative tool and has fostered the pressure sensor market growth.

Research on the regional aspects of the pressure sensors market estimates North America to be the leading marketplace encapsulating 34.09% of the global demand as of 2018 with APAC tailgating on the back of rapid industrialization. Several factors such as, heavy consumption of electronic devices such as body-movement detecting intricate gaming consoles and mobile phones, automation in automotive amalgamated with the adaption of smart and autonomous electric vehicles and inculcation of robotics in healthcare are the major drivers of pressure sensors market growth in North America. Some factors supporting the argument-

·       Electric vehicle registration skyrocketed in the United States in 2018, observing an increase by 80.81% from 2017. Such alternative-fuel automotive loaded with electrical functionalities employ pressure sensors as an imperative component in engine health management system.

·        Augmented and virtual reality in gaming is a major trend in North America. Pressure sensor to detect player’s movement are employed by the VR gaming sets manufacturers which is creating latest revenue trends for the pressure sensors market. North America is reckoned to be dominating the global augmented reality market and virtual reality market with 34% of the global demand as of 2018. And similarly the prevailing healthcare settings in North America equipped with cutting-edge technology is adopting robotic health monitoring tools equipped with pressure sensors.

Pressure Sensors Market Trends and Growth Drivers:

·       Evolution of smart watch from a digital time-telling device to a health monitoring equipment loaded with various sensors including pressure sensors is a major trend disrupting the market. Owing to its tremendous scope of application such as heart monitoring and blood pressure monitoring and even intricate diagnosis like electrocardiograms, smart watch market is worth around $10 billion as of 2018. Pressure sensors being an imperative constituent is foreseen to divert some revenue from the downstream sector into its own pocket.

·     Pressure sensors have ample opportunities in medical settings. However, today’s sensors are not fully biocompatible and is a major challenge hindering the market growth towards healthcare application. In order to overcome this issue, researches through extensive R&D are developing a new implantable pressure sensors that decays after its operational requirements. This implantable sensor will aid the orthopedic surgery patients to precisely regulate the amount of stress or pressure the repaired parts can withstand during rehab.

Pressure Sensors Market Players Perspective:

Some of the key players in the pressure sensors market are AlphaSense, City Technology Ltd., Dynament Ltd., Figaro Engineering Inc., Membrapor AG, Nemoto & Co., Ltd., Robert Bosch LLC., ABB Ltd., Siemens AG, and GfG Europe Ltd.

Barometric pressure sensors by Robert Bosch LLC., is applied as indoor navigation tool with ground level tracking in shopping malls. The pressure value is also the vital input for many healthcare applications like spirometers in which the lung volume of a person is measured. Considering the electronic application, the barometric pressure sensor is an essential fragment of high-end smartphones.

Pressure Sensors Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the pressure sensors market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the various application segment in pressure sensors market, and their specific advantages.

The   Pressure Sensors Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

•           North America: The U.S., Canada, Mexico

•           South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

•           Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

•           APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

•           Middle East and Africa: Israel, South Africa, Saudi Arabia

[pujarathod]

Automotive Active Safety System Industry Share, Size, Growth, Segment & Application

Automotive Active Safety System Market was valued at USD 46.67 billion in 2019 and is expected to reach USD 131.73 billion by the year 2027, at a CAGR of 16.14%.

The Automotive Active Safety System market research study compiles data from primary and secondary sources on the elements impacting industry growth between 2022 and 2028. The document also goes into detail about the problems that the industry's growth matrix faces, as well as insights into the opportunities that will propel business progress in both new and existing markets. Furthermore, for a more comprehensive understanding of the market, the document delves extensively into the industry segments and competitive area. In addition, thorough information on COVID-19's impact is presented to help all stakeholders have a better grasp of this business domain and increase their earnings in the next years.

The global Automotive Active Safety System Market based on platform type is bifurcated into air, land and naval. On the basis of system type, the market is bifurcated into targeting system, imaging system and electronic support measures. Based on sensor technology type, the market is segregated into scanning sensor and staring sensor. On the basis of imaging technology, the market is bifurcated into hyper spectral and multi spectral.

The Major Players In The Automotive Active Safety System Market Include:

·         Bosch

·         Continental

·         Delphi

·         ZF Friedrichshafen

·         Autoliv

·         Takata

·         Bendix CVS

·         FLIR Systems

·         Hella

·         Hyundai Mobis

·         Infineon Technologies

·         Toyoda Gosei

·         Freescale Semiconductor

·         Navteq

·         Valeo

Market has segmented the global Automotive Active Safety System market on the basis of type, application, and region:

The Automotive Active Safety System market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

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By Type:

·         Anti-lock Braking System (ABS)

·         Lane Departure Warning System (LDWS)

·         Driver Monitoring System (DMS)

·         Adaptive Cruise Control (ACC)

·         Tire Pressure Monitoring System (TPMS)

·         Electronic Stability Control (ESC)

 By Application:

·         Passenger Vehicles

·         Commercial Vehicles

·         Others

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

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

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

Asia-Pacific (China, India,     Japan, Southeast Asia, Rest of APAC)

Middle East & Africa (GCC     Countries, South Africa, Rest of MEA)

South America (Brazil,     Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Automotive Active Safety System Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe. 

Report covered the major key points:

·         Explore key findings of the overall market

·         Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

·         Market Segmentation caters to a thorough assessment of key segments with their market estimations

·         Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

·         Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

·         Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

·         Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

If You Have Any Query of Automotive Active Safety System Market Report, Visit.@

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[credibleauomotive]

Passenger Car Safety System Market Size 2022 by Top Key Players, Types, Applications, Regional Demand and Forecast to 2030

Global Passenger Car Safety System Market report emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market. Additionally, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the “Passenger Car Safety System Market”.

Global Passenger Car Safety System Market research report analyzes top players in the key regions like North America, South America, Middle East and Africa, Asia and Pacific region. It delivers insight and expert analysis into key consumer trends and behavior in market place, In addition to an overview of the market data and key brands. It also provides all data with easily digestible information to guide every businessman’s future innovation and move business ahead.

Click the link to get a free Sample Copy of the Report @ https://crediblemarkets.com/sample-request/passenger-car-safety-system-market-58707?utm_source=Kaustubh&utm_medium=SatPR

Global Passenger Car Safety System Market Segmentation Analysis:

Market segment by Type, covers Anti-lock Braking System (ABS) Driver Monitoring System (DMS) Adaptive Cruise Control (ACC) Lane Departure Warning System (LDWS) Tire Pressure Monitoring System (TPMS) Electronic Stability Control (ESC) Blind Spot Detection (BSD) Night Vision System (NVS) Market segment by Application can be divided into Sedan SUVs Pickup Trucks Others The key market players for global Passenger Car Safety System market are listed below: Bosch Continental Delphi Technologies* ZF Friedrichshafen Autoliv Hyundai Mobis Valeo DENSO Magna International FLIR Systems Infineon Technologies

Later, the report gives detailed analysis about the major factors fuelling the expansion of Passenger Car Safety System Market in the coming years. Some of the major factors driving the growth of Passenger Car Safety System Market are-

Buyers

Suppliers

Investors

End User Industry

Passenger Car Safety System Market, By Geography:

The regional analysis of Passenger Car Safety System market is studied for region such as Asia pacific, North America, Europe and Rest of the World. The North America is one of the leading region in the market due to numerous cross industry collaborations taking place between automotive original equipment manufacturers and mobile network operators (MNOs) are taking place for continuous internet connectivity inside a car to enhance the user experience of connected living, while driving. Asia-Pacific region is one of the prominent player in the market owing to large enterprises and SMEs in the region are increasingly adopting Passenger Car Safety System solutions.

 Direct Purchase this Market Research Report Now @ https://crediblemarkets.com/reports/purchase/passenger-car-safety-system-market-58707?license_type=single_user;utm_source=Kaustubh&utm_medium=SatPR

Some Points from Table of Content

Global Passenger Car Safety System Market 2022 by Company, Regions, Type and Application, Forecast to 2030

1 Passenger Car Safety System Introduction and Market Overview

2 Industry Chain Analysis

3 Global Passenger Car Safety System Market, by Type

4 Passenger Car Safety System Market, by Application

5 Global Passenger Car Safety System Consumption, Revenue ($) by Region (2016-2021)

6 Global Passenger Car Safety System Production by Top Regions (2016-2021)

7 Global Passenger Car Safety System Consumption by Regions (2016-2021)

8 Competitive Landscape

9 Global Passenger Car Safety System Market Analysis and Forecast by Type and Application

10 Passenger Car Safety System Market Supply and Demand Forecast by Region

11 New Project Feasibility Analysis

12 Expert Interview Record

13 Research Finding and Conclusion

14 Appendix 

Reasons to Purchase this Report

Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://crediblemarkets.com/enquire-request/passenger-car-safety-system-market-58707?utm_source=Kaustubh&utm_medium=SatPR

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[vynzresearch-blog]

Advanced Driver Assistance System (ADAS) Market is Expected to Incredible Growth during FY 2021-2027 | Key Players - Hyundai Mobis, Autoliv, NXP Semiconductors, Magna International

Global ADAS Market Insights, expected to reach $72.6 Billion by 2027 during forecast year 2021-2027", is added to the record of market research insights of VynZ Research. The report offers an exclusive study of the global ADAS (advanced driver assistance system) market and refers to the key opportunities and growth drivers that are triggering the global market.

Emerging trends and their impact on the current as well as future market & developments are also being covered in the report.

However, the VynZ Research report emphasizes the industry-specific growth and its challenges by the major companies and the global ADAS market as a whole. This will help market participants to make meaningful decisions in terms of Greenfield or brownfield investments on the behalf of the company.

Get a Free Sample Copy of this Research Report at https://www.vynzresearch.com/automotive-transportation/adas-market/request-sample

Market Segmentation

Understand the global and regional markets for the industry experts have studied the global ADAS (advanced driver assistance system) market by various segmentations, which include, system type, propulsion, component, and level of autonomy, sensor type, and vehicle type.

The analysis is based on the market potential, share, size, CAGR, consumption, and production. Additionally, market analysts have an emphasis on the potential regions, along with their respective major countries, which are forecasted to make a significant contribution to the related market growth.

Market Coverage

By System Type

Intelligent Park Assist (IPA)

Lane Departure Warning (LDW)

Road Sign Recognition (RSR)

Tire Pressure Monitoring System (TPMS)

Night Vision System (NVS)

Automatic Emergency Braking (AEB)

Adaptive Cruise Control (ACC)

Adaptive Front Light (AFL)

Blind Spot Detection (BSD)

Cross-Traffic Alert (CTA)

Driver Monitoring System (DMS)

Forward Collision Warning (FCW)

Pedestrian Detection System

Traffic Jam Assist

Others

By Propulsion

Electric

Battery Electric Vehicle

Fuel Cell Electric Vehicle

Hybrid Electric Vehicle

Plug-In Hybrid Electric Vehicle

Petrol

Diesel

By Component

Hardware

Software

By Level of Autonomy

L1

L2

L3

L4

L5

By Sensor Type

Image Sensors

Ultrasonic Sensors

Lidar Sensors

Radar Sensors

Infrared (IR) Sensors

Laser Sensors

Capacitive Sensor

Others

By Vehicle Type

Passenger Vehicles

Mid-Sized Cars

Sedans

Minivan

Convertible

Crossover

Hatchbacks

Others

Light Commercial Vehicles

Compact

Utility Vehicle

Supermini

Light Truck

Others

Heavy Commercial Vehicles

Mobile Truck

Limo

Recreational Vehicle

Towing Truck

Fire Trucks

Others

Ask for Customization: https://www.vynzresearch.com/automotive-transportation/adas-market/customize-report

Region Covered

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

Europe - (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe)

Asia-Pacific - (China, Japan, India, South Korea, and Rest of Asia-Pacific)

Rest of the World (RoW) – (Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries)

Key Players:

Major players operating in the global ADAS market are also widely covered in the report. The ADAS industry report offers a definite understanding of the supplier’s landscape and the development of upcoming plans, which are likely to take place in the coming years.

This report will act as an effective tool for the market players to apprehend the competitive scenario in the global ADAS market and accordingly plan their strategic activities.

Prominent players in the global ADAS industry:

Valeo

Robert Bosch GmbH

Continental AG

ZF Friedrichshafen AG

DENSO CORPORATION

Aptiv

Hyundai Mobis

Autoliv Inc.

NXP Semiconductors

Magna International Inc

[marketreportss]

AUTOMOTIVE SAFETY SYSTEM: WHAT ARE THEY AND HOW DO THEY WORK?

Automotive safety systems confer with the instrumentation designed into a vehicle to cut back the probability and severity of traffic collisions. one amongst the foremost vital elements within the automobile producing sector is that the automotive safety system. within the automotive trade safety systems are used for guaranteeing the security and security of vehicles & passengers. varied styles of safety systems like seatbelts, airbags, antilocking braking systems, electronic traction, stability controls systems, lane departure warning, blind-spot detection, and driver observation are used for reassuring the security of passengers.

 Automotive safety systems Market report covers the detailed analysis on current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.

Top Company Profiles Include in Automotive Active Safety System Market report:

Bosch,Continental,Delphi,ZF Friedrichshafen,Autoliv,Takata,Bendix CVS,FLIR Systems,Hella,Hyundai Mobis,Infineon Technologies,Toyoda Gosei,Freescale Semiconductor,Navteq,Valeo

Report Features

This report, from IMR Research, studies the safety systems market in the global automotive industry over the period 2022 to 2028. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities in the market.

The following are the key features of the report:

Market     structure: Overview, industry life cycle analysis, supply chain analysis.

Market     environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.

Market     trend and forecast analysis.

Market     segment trend and forecast.

Competitive landscape and     dynamics:     Market share, product portfolio, product launches, etc.

Attractive     market segments and associated growth opportunities.

Automotive Active Safety System Market Segmentation:

In market segmentation Type, Automotive Active Safety System Market report covers:

Anti-lock Braking System (ABS),Lane Departure Warning System (LDWS),Driver Monitoring System (DMS),Adaptive Cruise Control (ACC),Tire Pressure Monitoring System (TPMS),Electronic Stability Control (ESC)

In market segmentation Application, Automotive Active Safety System Market report covers:

Passenger Vehicles,Commercial Vehicles,Others

Following regions are highlighted in this Automotive Active Safety System Market report:

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

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

Key Questions Answered in The Report:

What     will the Automotive Active Safety System market growth rate?

What     are the key factors driving the global Automotive Active Safety System Market     Size?