Tire Pressure Monitoring System Market Research Report-Forecast to 2030

Tire Pressure Monitoring System Market Research Report Information By Technology (Direct TPMS, and Indirect TPMS), By Vehicle Type (Passenger Vehicle, Light Commercial Vehicle, and Heavy Commercial Vehicle), By Sales Channel (OEM, and Sales Channel), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

ID: MRFR/AM/3215-HCR | 111 Pages | Published By Swapnil Palwe on March 2023         

Table of content

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Bargaining power of suppliers

3.1.4 Threat of substitutes

3.1.5 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Tire-pressure monitoring system Market, By Technology

5.1 Introduction

5.2 Direct TPMS

5.2.1 Market Estimates & Forecast, 2022-2030

5.2.2 Market Estimates & Forecast by Region, 2022-2030

5.3 Indirect TPMS

5.3.1 Market Estimates & Forecast, 2022-2030

5.3.2 Market Estimates & Forecast by Region, 2022-2030

6 Global Tire-pressure monitoring system Market, By Vehicle Type

6.1 Introduction

6.2 Passenger vehicle

6.2.1 Market Estimates & Forecast, 2022-2030

6.2.2 Market Estimates & Forecast by Region, 2022-2030

6.3 Light Commercial Vehicle

6.3.1 Market Estimates & Forecast, 2022-2030

6.3.2 Market Estimates & Forecast by Region, 2022-2030

6.3 heavy Commercial Vehicle

6.3.1 Market Estimates & Forecast, 2022-2030

6.3.2 Market Estimates & Forecast by Region, 2022-2030

7 Global Tire-pressure monitoring system Market, By Sales Channel

7.1 Introduction

7.2 OEM

7.2.1 Market Estimates & Forecast, 2022-2030

7.2.2 Market Estimates & Forecast by Region, 2022-2030

7.3 Aftermarket

7.3.1 Market Estimates & Forecast, 2022-2030

7.3.2 Market Estimates & Forecast by Region, 2022-2030

8 Global Tire-pressure monitoring system Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2022-2030

8.2.2 Market Estimates & Forecast by Technology, 2022-2030

8.2.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.2.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.2.5 U.S.

8.2.5.1 Market Estimates & Forecast, 2022-2030

8.2.5.2 Market Estimates & Forecast by Technology, 2022-2030

8.2.5.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.2.5.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2022-2030

8.2.6.2 Market Estimates & Forecast by Technology, 2022-2030

8.2.6.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.2.6.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3 Europe

8.3.1 Market Estimates & Forecast, 2022-2030

8.3.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2022-2030

8.3.5.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.5.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.5.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2022-2030

8.3.6.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.6.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.6.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2022-2030

8.3.7.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.7.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.7.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2022-2030

8.3.8.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.8.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.8.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2022-2030

8.3.9.2 Market Estimates & Forecast by Technology, 2022-2030

8.3.9.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.3.9.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2022-2030

8.4.2 Market Estimates & Forecast by Technology, 2022-2030

8.4.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.4.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2022-2030

8.4.5.2 Market Estimates & Forecast by Technology, 2022-2030

8.4.5.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.4.5.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2022-2030

8.4.6.2 Market Estimates & Forecast by Technology, 2022-2030

8.4.6.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.4.6.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2022-2030

8.4.7.2 Market Estimates & Forecast by Technology, 2022-2030

8.4.7.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.4.7.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2022-2030

8.4.8.2 Market Estimates & Forecast by Technology, 2022-2030

8.4.8.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.4.8.4 Market Estimates & Forecast by Sales Channel, 2022-2030

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2022-2030

8.5.2 Market Estimates & Forecast by Technology, 2022-2030

8.5.3 Market Estimates & Forecast by Vehicle Type, 2022-2030

8.5.4 Market Estimates & Forecast by Sales Channel, 2022-2030

9 Competitive Landscape

10 Company Profile

10.1 Sensata Technologies Inc. (U.S)

10.1.1 Company Overview

10.1.2 Product /Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Continental AG (Germany)

10.2.1 Company Overview

10.2.2 Product /Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 Pacific Industrial Co. Ltd (Japan)

10.3.1 Company Overview

10.3.2 Product /Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 Huf Hülsbeck & Fürst GmbH & Co. KG (Germany)

10.4.1 Company Overview

10.4.2 Product /Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 ZF Friedrichshafen AG (Germany)

10.5.1 Company Overview

10.5.2 Product /Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Schrader Electronics (U.K.)

10.6.1 Company Overview

10.6.2 Product /Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 AVE technologies (Australia)

10.7.1 Company Overview

10.7.2 Product /Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Bartec USA LLC (U.S.)

10.8.1 Company Overview

10.8.2 Product /Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 DUNLOP TECH GmbH (Germany)

10.9.1 Company Overview

10.9.2 Product /Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Delphi Automotive LLP. (U.K.)

10.10.1 Company Overview

10.10.2 Product /Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

List of Tables

Table 1 Global Tire-pressure monitoring system Market: By Region, 2022-2030

Table 2 North America Tire-pressure monitoring system Market: By Country, 2022-2030

Table 3 Europe Tire-pressure monitoring system Market: By Country, 2022-2030

Table 4 Asia Pacific Tire-pressure monitoring system Market: By Country, 2022-2030

Table 5 RoW Tire-pressure monitoring system Market: By Country, 2022-2030

Table 6 Global Tire-pressure monitoring system Market, by Technology, By Regions, 2022-2030

Table 7 North America Tire-pressure monitoring system Market, by Technology, By Country, 2022-2030

Table 8 Europe Tire-pressure monitoring system Market, by Resin Technology, By Country, 2022-2030

Table 9 Asia Pacific Tire-pressure monitoring system Market, by Technology, By Country, 2022-2030

Table 10 RoW Tire-pressure monitoring system Market, by Technology, By Country, 2022-2030

Table 11 Global Tire-pressure monitoring system Market, by Vehicle Type: By Regions, 2022-2030

Table 12 North America Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2022-2030

Table 13 Europe Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2022-2030

Table 14 Asia Pacific Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2022-2030

Table 15 RoW Tire-pressure monitoring system Market, by Vehicle Type: By Country, 2022-2030

Table 16 Global Tire-pressure monitoring system Market, by Sales Channel, By Regions, 2022-2030

Table 17 North America Tire-pressure monitoring system Market, by Sales Channel, By Country, 2022-2030

Table 18 Europe Tire-pressure monitoring system Market, by Sales Channel, By Country, 2022-2030

Table 19 Asia Pacific Tire-pressure monitoring system Market, by Sales Channel, By Country, 2022-2030

Table 20 RoW Tire-pressure monitoring system Market, by Sales Channel, By Country, 2022-2030

Table 21 Global Tire-pressure monitoring system Market: By Region, 2022-2030

Table 22 Global Tire-pressure monitoring system Market: By Region, 2022-2030

Table 23 Global Tire-pressure monitoring system Market: By Region, 2022-2030

Table 24 North America Tire-pressure monitoring system Market, By Country

Table 25 North America Tire-pressure monitoring system Market, by Technology

Table 26 North America Tire-pressure monitoring system Market, by Vehicle Type

Table 27 North America Tire-pressure monitoring system Market, By Sales Channel

Table 29 Europe: Tire-pressure monitoring system Market, By Country

Table 30 Europe: Tire-pressure monitoring system Market, by Technology

Table 31 Europe: Tire-pressure monitoring system Market, by Vehicle Type

Table 32 Europe: Tire-pressure monitoring system Market, By Sales Channel

Table 34 Asia Pacific: Tire-pressure monitoring system Market, By Country

Table 35 Asia Pacific: Tire-pressure monitoring system Market, by Technology

Table 36 Asia Pacific: Tire-pressure monitoring system Market, by Vehicle Type

Table 37 Asia Pacific: Tire-pressure monitoring system Market, By Sales Channel

Table 39 RoW: Tire-pressure monitoring system Market, By Region

Table 40 RoW Tire-pressure monitoring system Market, by Technology

Table 41 RoW Tire-pressure monitoring system Market, by Vehicle Type

Table 42 RoW Tire-pressure monitoring system Market, By Sales Channel

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 MARKET DYNAMICS

FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS

FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS

FIGURE 6 PORTER’S FIVE FORCES ANALYSIS

FIGURE 7 VALUE CHAIN ANALYSIS

FIGURE 8 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE, BY TECHNOLOGY, 2020 (%)

FIGURE 9 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY, 2022-2030 (USD MILLION)

FIGURE 10 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE, BY SALES CHANNEL, 2020 (%)

FIGURE 11 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL, 2022-2030 (USD MILLION)

FIGURE 12 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), BY REGION, 2020

FIGURE 13 GLOBAL TIRE-PRESSURE MONITORING SYSTEM MARKET, BY REGION, 2022-2030 (USD MILLION)

FIGURE 14 NORTH AMERICA TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 15 NORTH AMERICA TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2022-2030 (USD MILLION)

FIGURE 16 EUROPE TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 17 EUROPE TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2022-2030 (USD MILLION)

FIGURE 18 ASIA PACIFIC TIRE-PRESSURE MONITORING SYSTEM MARKETSHARE (%), 2020

FIGURE 19 ASIA PACIFIC TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2022-2030 (USD MILLION)

FIGURE 20 REST OF THE WORLD TIRE-PRESSURE MONITORING SYSTEM MARKET SHARE (%), 2020

FIGURE 21 REST OF THE WORLD TIRE-PRESSURE MONITORING SYSTEM MARKETBY COUNTRY, 2022-2030 (USD MILLION)

Tire Pressure Monitoring System Market Segmentation


Tire Pressure Monitoring System Technology Outlook (USD Billion, 2021-2030)




  • Direct TPMS




  • Indirect TPMS




Tire Pressure Monitoring System Vehicle Type Outlook (USD Billion, 2021-2030)




  • Passenger Vehicles




  • Light Commercial Vehicles




  • Heavy Commercial vehicles




Tire Pressure Monitoring System Sales Channel Outlook (USD Billion, 2021-2030)




  • OEM




  • Aftermarket




Tire Pressure Monitoring System Regional Outlook (USD Billion, 2021-2030)




  • North America Outlook (USD Billion, 2021-2030)




    • North America Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • North America Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • North America Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • US Outlook (USD Billion, 2021-2030)




    • US Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • US Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • US Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • CANADA Outlook (USD Billion, 2021-2030)




    • Canada Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Canada Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Canada Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket








  • Europe Outlook (USD Billion, 2021-2030)




    • Europe Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Europe Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Europe Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Germany Outlook (USD Billion, 2021-2030)




    • Germany Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Germany Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Germany Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • France Outlook (USD Billion, 2021-2030)




    • France Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • France Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • France Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • UK Outlook (USD Billion, 2021-2030)




    • UK Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • UK Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • UK Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • ITALY Outlook (USD Billion, 2021-2030)




    • Italy Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Italy Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Italy Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • SPAIN Outlook (USD Billion, 2021-2030)




    • Spain Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Spain Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Spain Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Rest Of Europe Outlook (USD Billion, 2021-2030)




    • Rest of Europe Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Rest of Europe Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Rest of Europe Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket








  • Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Asia-Pacific Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Asia-Pacific Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Asia-Pacific Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • China Outlook (USD Billion, 2021-2030)




    • China Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • China Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • China Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Japan Outlook (USD Billion, 2021-2030)




    • Japan Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Japan Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Japan Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • India Outlook (USD Billion, 2021-2030)




    • India Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • India Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • India Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Australia Outlook (USD Billion, 2021-2030)




    • Australia Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Australia Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Australia Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Rest of Asia-Pacific Outlook (USD Billion, 2021-2030)




    • Rest of Asia-Pacific Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Rest of Asia-Pacific Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Rest of Asia-Pacific Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket








  • Rest of the World Outlook (USD Billion, 2021-2030)




    • Rest of the World Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Rest of the World Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Rest of the World Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket














    • Middle East Outlook (USD Billion, 2021-2030)




    • Middle East Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Middle East Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Middle East Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Africa Outlook (USD Billion, 2021-2030)




    • Africa Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Africa Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Africa Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






    • Latin America Outlook (USD Billion, 2021-2030)




    • Latin America Tire Pressure Monitoring System by Technology




      • Direct TPMS




      • Indirect TPMS






    • Latin America Tire Pressure Monitoring System by Vehicle Type




      • Passenger Vehicles




      • Light Commercial Vehicles




      • Heavy Commercial vehicles






    • Latin America Tire Pressure Monitoring System by Sales Channel




      • OEM




      • Aftermarket






Research Methodology on Tire Pressure Monitoring System Market


This research aims to assess the changing dynamics of the Tire Pressure Monitoring System (TPMS) market. The research includes a detailed market analysis that encompasses the global and regional market analysis and the current and future market outlook. This research is conducted with the primary intention of understanding the various elements defining the dynamics of the global TPMS market.


1. Data Collection and Modelling


The primary data collection is conducted with the assistance of primary key-opinion leaders (KOLs), business experts, and other industry stakeholders. A total of 57 stakeholders are surveyed by conducting interviews and questionnaires. These stakeholders belonged to various tiers of the Tire Pressure Monitoring Systems (TPMS) value chain and offered vital insights on market trends, dynamics, and recent developments. Besides the primary sources, secondary sources such as company and industry reports are also taken into consideration while collecting and validating the collected data.


The collected data is then used to establish statistical models and evaluate their quality. This data is analyzed and processed using relevant methods using software like MS Excel and Visual Studio. The analyzed data is then presented in graphical form to effectively display the market trends, dynamics, and estimates.


2. Estimation Methodology


The estimation methodology for this research focuses on analyzing various market segments and components, including the production value and volume, competition level, industry and market players’ dynamics, and various other related variables. The said estimation utilized both top-down and bottom-up techniques to take into account the changing dynamics of the TPMS market.


3. Quality Assurance


The data collected and analyzed through this study involves validation measures such as quantitative and qualitative methods and tools. The results thus obtained are subject to third-party verification and confirmation. The research also follows numerous other quality checks, such as validating assumptions, building a reliable model, and refining the forecasting models, in an attempt to enhance the accuracy and quality of the analysis.


4. Validation Process


The results of the research are finally subjected to validation through a six-step process. This process involves the evaluation of suppliers, industry experts, and customers. The process includes in-depth interviews and is carried out on an ad-hoc basis. In this process, the primary data is analyzed, evaluated, and examined against the secondary data.


The validation process also includes quality tests which include assessing the model logic, conducting sensitivity tests, and verifying the accuracy of the estimates. The verification process helps to identify potential errors and enhance the accuracy of the estimates.


5. Fieldwork


Fieldwork is an essential part of the research process, as it helps to gather primary data at the most basic level of detail. This data is acquired through interviews with local subject matter experts, vendors, and industrial stakeholders. The acquired data is further digested and used to refine the results and conclusions of the research.


Besides, interviews with primary respondents, secondary data from public and private sources are also consulted to augment the research efforts. This includes varied data from regulatory and government bodies and curated databases.


6. Primary & Secondary Research


Primary research for this study focuses on understanding the recent developments and the changing dynamics of the TPMS market. The primary research includes interviews with key stakeholders, industry experts, and other industry leaders. The interviews are mostly conducted over telephone or video calls intending to garner their insights about the global TPMS market. The research also includes surveys of suppliers, vendors, and other industry stakeholders.


The secondary research focuses on gathering additional insights into the market by utilizing a range of trade journals, company databases, and other sources. The research is intended to understand the size, scope, and trends of the global TPMS market.


7. Conclusion


The research methodology adopted in this study is focused on understanding the changing dynamics of the TPMS market. The research involves the gathering of primary and secondary data, the establishment of statistical models, the validation of the outcomes, and the fieldwork.


These steps are conducted in an attempt to understand the changing dynamics of the global TPMS market. The research is also intended to evaluate and examine the various opportunities and trends in the market, as well as to identify the various challenges faced by the players in the Tire Pressure Monitoring System (TPMS) market.