Uploaded on Dec 5, 2023
Automotive Tire Mounted Sensor Market by Type (Direct and Indirect), by Sensor Type (Temperature, Gas, Pressure, and Motion), by Vehicle Type (Passenger Vehicle, Commercial Vehicle, and Electric Vehicle), and by Sales Channel (OEM and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2021–2027
Automotive Tire Mounted Sensor Market PPT
Automotive Tire Mounted Sensor
Market by Type (Direct, Indirect), by
Sensor type (Temperature, Gas,
Pressure, Motion), by Vehicle type
(Passenger vehicle, Commercial
vehicle, Electric vehicle) and by Sales
channel (OEM, Aftermarket): Global
Opportunity Analysis and Industry
Forecast, 2023-2032
Automotive Tire Mounted Sensor Market by Type
With technological advancements in the automotive sector, customer focus has been
shifted toward more advanced safety features in vehicles. Automakers are paying high
attention on tires because it has a big influence on driving safety. The sensors mounted on
tires provides real-time information of the wheel to the driver.
Introduction of IoT has enhanced the importance of tire sensors as it enables that provide
useful information like traction, tread wear, temperature, load, pressure, deformation,
wheel loading, friction on a device. However, the advanced safety offered by various
sensors installed in tire will help the automotive tire mounted sensor market even in the
pandemic situation.
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Automotive Tire Mounted Sensor Market by Type
The improved fuel efficiency along with enhanced tire life offered by tire mounted sensor
is the major driving factor of the market. Additionally, tire mounted sensors efficiently
inform driver about real-time condition of tires and consequently aids in improving ride
quality and vehicle handling. Besides, with the upsurge in market of connected cars, the
utilization of tire mounted sensors will escalate in vehicle. However, high prices of tire
mounted sensors will hamper the market growth.
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Automotive Tire Mounted Sensor Market by Type
Automakers are heavily investing in R&D of autonomous vehicles. Moreover, Internet of
things has contributed enormously in the automotive sector. With the integration of tire
mounted sensors and IoT, the information of tire can be controlled remotely through an
application in mobile. Additionally, IoT-based platform has helped the fleet
management services significantly. Besides, the manufacturers are focusing on making
compact design for sensors.
Automotive Tire Mounted Sensor Market by Type
Key Benefits
•This study presents the analytical depiction of the automotive tire mounted sensor
industry along with the current trends and future estimations to determine the imminent
investment pockets.
•The report presents information related to key drivers, restraints, and opportunities along
with detailed analysis of the market share.
•The current market is quantitatively analyzed to highlight the automotive tire mounted
sensor market growth scenario.
•Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
•The report provides a detailed market analysis based on competitive intensity and how
the competition will take shape in coming years.
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Automotive Tire Mounted Sensor Market by Type
Automotive Tire Mounted Sensor Market by Type Key Segments :
By Region
•North America
• U.S.
• Canada
•Europe
• UK
• Germany
• France
• Rest of Europe
• Latin America
• Brazil
• Mexico
• Rest of LATAM
•Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Middle East
• Africa
Automotive Tire Mounted Sensor Market by Type
Segment Overview
Industrialization has paved its way for the rise in number of vehicles & income of people.
The living standards of people have bettered in developed economies. This has led to
increase in sales and production of luxury cars. TPMS being fitted in majority of luxury
cars, the demand for its market has also grown simultaneously. Many manufacturers have
adopted TPMS system in their cars considering consumer demand. Looking at the
aftermarket sales of TPMS, economy car manufacturers would also want to equip this
system in near future.
Automotive Tire Mounted Sensor Market by Type
Key players profiled in the report
include
• ZF TRW
• Schrader
• Siemens
• Continental
• Pacific Industrial
• Pacific
• Huf.
• TRW
• Denso
• Lear
Automotive Tire Mounted Sensor Market by Type
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