Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Tire Pressure Monitoring System Market PR 130319 | Page 2

the world (RoW). During the forecast period, the Asia Pacific regional market is expected to
dominate the global market due to the boom in the automotive sector and the increased adoption
rate of TPMS. Due to these two reasons, the production of TPMS-equipped automobiles is
increasing in countries like China, Japan, India, and South Korea. Other important factors
favoring the market growth in this region include the availability of raw components in this
region, improved automotive infrastructure, and the focus of key industry players in the
automotive sector on encouraging safety and security of the vehicle users.
Europe market is also significantly contributing to the growth of the global market. Presence of
many key market players and technological advancement are contributing to the market growth
in Europe. However, the most important factor responsible for market growth is the objective to
ensure passenger safety. The serious country-specific markets in this region are France,
Germany, Italy, and the UK, followed by the remaining countries of Europe.
The third significant regional market is in North America due to technological advancement,
established automotive sector, many key market players operating in USA and Canada.
Key Players
The key players in the global tire pressure monitoring system market include AVE technologies
(Australia), Bartec USA LLC (USA), Continental AG (Germany), Delphi Automotive LLP.
(UK), Dunlop Tech GmbH (Germany), Huf Hülsbeck & Fürst GmbH & Co. KG (Germany),
Pacific Industrial Co. Ltd (Japan), Schrader Electronics (UK), Sensata Technologies Inc. (USA),
and ZF Friedrichshafen AG (Germany).
Latest Industry News
Featuring TPMS, the Koenigsegg Jesko the hypercar that can produce 1298 PS of power on
regular fuel, has been unveiled in Geneva. 5 MAR 2019
Freightliner Custom Chassis Corporation has added new powertrain options for its Chassis
lineup. Now the cars in Chassis lineup feature not only TPMS but also new propane, compressed
natural gas and traditional diesel engines. 6 MAR 2019
collaborations, etc.
Get Complete Report Details of Tire-Pressure Monitoring System Market at:
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