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Global Indirect Tire Pressure Monitoring System Market Size study, By Technology (Conventional Tire Pressure Monitoring System and Intelligent Tire Pressure Monitoring System), Vehicle Type (Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles), Sales Channel (Original Equipment Manufacturer (OEM) and Aftermarket), and Regional Forecasts 2022-2028

August 2022 | 200 pages | ID: GA582B444337EN
Bizwit Research & Consulting LLP

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Global Indirect Tire Pressure Monitoring System Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

The Indirect Tire Pressure Monitoring System can be defined as electric sensor-based device that uses the Anti-lock Braking System to approximate tire pressure. If a tire's pressure is low, it would roll at a different wheel speed than the other tires. In indirect TPMS this information is detected by vehicle's computer system, which displays the information through dashboard indicator light. The rising expansion of automotive manufacturing sector and stringent government regulations regarding vehicle safety as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, as per Statista – in 2021, the global automotive manufacturing market was estimated at USD 2700 billion, and the market is projected to grow to USD 2800 billion by end of 2022. Furthermore, leading market players are working towards strategic initiatives including partnership to leverage the growing adoption to Indirect Tire Pressure Monitoring System. iTrack specialises in development of tire pressure monitoring system (TPMS) solutions for the off-the-road (OTR) vehicle. For instance, in January 2019, Bessenbach, Germany based commercial vehicle supplier SAF-HOLLAND acquired a 51% stake in Nashville, TN, US based automatic tire pressure management company, PressureGuard LLC. This acquisition would strengthen SAF-HOLLAND product portfolio for tire pressure systems in North America region. Further, in June 2020, Tokyo, Japan based Bridgestone Corporation (Bridgestone) completed the acquisition of the London, UK based iTrack Solutions Business from UK-based Transense Technologies PLC. Also, growing technological advancements in automobile sector and increasing penetration of Electric Vehicles in emerging countries are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a low accuracy associated with indirect TPMS impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Indirect Tire Pressure Monitoring System Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing advancements in automobiles and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the growing number of safety regulations from government authorities and increasing adoption technologically advanced vehicles in the region, would create lucrative growth prospects for the global Indirect Tire Pressure Monitoring System Market across the Asia Pacific region.

Major market players included in this report are:
Sensata Technologies Inc.
Continental AG
Pacific Industrial Co. Ltd
HufHьlsbeck&FьrstCo
ZF Friedrichshafen AG
Schrader Electronics
AVE technologies
Bartec USA LLC
DUNLOP TECH
Delphi Automotive LLP
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology
Conventional Tire Pressure Monitoring System
Intelligent Tire Pressure Monitoring System
By Vehicle Type
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
By Sales Channel
Original Equipment Manufacturer (OEM)
After market
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Indirect Tire Pressure Monitoring System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
  1.2.1. Global Indirect Tire Pressure Monitoring System Market, by Region, 2020-2028 (USD Million)
  1.2.2. Global Indirect Tire Pressure Monitoring System Market, by Technology, 2020-2028 (USD Million)
  1.2.3. Global Indirect Tire Pressure Monitoring System Market, by Vehicle Type, 2020-2028 (USD Million)
  1.2.4. Global Indirect Tire Pressure Monitoring System Market, by Sales Channel, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET DYNAMICS

3.1. Indirect Tire Pressure Monitoring System Market Impact Analysis (2020-2028)
  3.1.1. Market Drivers
    3.1.1.1. Rising expansion of automotive manufacturing sector.
    3.1.1.2. Stringent government regulations regarding vehicle safety
    3.1.1.3. Strategic initiatives from leading market players.
  3.1.2. Market Challenges
    3.1.2.1. Less accuracy associated with indirect TPMS.
  3.1.3. Market Opportunities
    3.1.3.1. Growing technological advancements in automobile sector.
    3.1.3.2. Increasing penetration of Electric Vehicles in emerging countries.

CHAPTER 4. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

  5.1.1. Assessment of the overall impact of COVID-19 on the industry
  5.1.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET, BY TECHNOLOGY

6.1. Market Snapshot
6.2. Global Indirect Tire Pressure Monitoring System Market by Technology, Performance - Potential Analysis
6.3. Global Indirect Tire Pressure Monitoring System Market Estimates & Forecasts by Technology 2018-2028 (USD Million)
6.4. Indirect Tire Pressure Monitoring System Market, Sub Segment Analysis
  6.4.1. Conventional Tire Pressure Monitoring System
  6.4.2. Intelligent Tire Pressure Monitoring System

CHAPTER 7. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET, BY VEHICLE TYPE

7.1. Market Snapshot
7.2. Global Indirect Tire Pressure Monitoring System Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Indirect Tire Pressure Monitoring System Market Estimates & Forecasts by Vehicle Type 2018-2028 (USD Million)
7.4. Indirect Tire Pressure Monitoring System Market, Sub Segment Analysis
  7.4.1. Passenger Vehicles
  7.4.2. Light Commercial Vehicles
  7.4.3. Heavy Commercial Vehicles

CHAPTER 8. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET, BY SALES CHANNEL

8.1. Market Snapshot
8.2. Global Indirect Tire Pressure Monitoring System Market by Sales Channel, Performance - Potential Analysis
8.3. Global Indirect Tire Pressure Monitoring System Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Million)
8.4. Indirect Tire Pressure Monitoring System Market, Sub Segment Analysis
  8.4.1. Original Equipment Manufacturer (OEM)
  8.4.2. After market

CHAPTER 9. GLOBAL INDIRECT TIRE PRESSURE MONITORING SYSTEM MARKET, REGIONAL ANALYSIS

9.1. Indirect Tire Pressure Monitoring System Market, Regional Market Snapshot
9.2. North America Indirect Tire Pressure Monitoring System Market
  9.2.1. U.S. Indirect Tire Pressure Monitoring System Market
    9.2.1.1. Technology estimates & forecasts, 2018-2028
    9.2.1.2. Vehicle Type estimates & forecasts, 2018-2028
    9.2.1.3. Sales Channel estimates & forecasts, 2018-2028
  9.2.2. Canada Indirect Tire Pressure Monitoring System Market
9.3. Europe Indirect Tire Pressure Monitoring System Market Snapshot
  9.3.1. U.K. Indirect Tire Pressure Monitoring System Market
  9.3.2. Germany Indirect Tire Pressure Monitoring System Market
  9.3.3. France Indirect Tire Pressure Monitoring System Market
  9.3.4. Spain Indirect Tire Pressure Monitoring System Market
  9.3.5. Italy Indirect Tire Pressure Monitoring System Market
  9.3.6. Rest of Europe Indirect Tire Pressure Monitoring System Market
9.4. Asia-Pacific Indirect Tire Pressure Monitoring System Market Snapshot
  9.4.1. China Indirect Tire Pressure Monitoring System Market
  9.4.2. India Indirect Tire Pressure Monitoring System Market
  9.4.3. Japan Indirect Tire Pressure Monitoring System Market
  9.4.4. Australia Indirect Tire Pressure Monitoring System Market
  9.4.5. South Korea Indirect Tire Pressure Monitoring System Market
  9.4.6. Rest of Asia Pacific Indirect Tire Pressure Monitoring System Market
9.5. Latin America Indirect Tire Pressure Monitoring System Market Snapshot
  9.5.1. Brazil Indirect Tire Pressure Monitoring System Market
  9.5.2. Mexico Indirect Tire Pressure Monitoring System Market
9.6. Rest of The World Indirect Tire Pressure Monitoring System Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. Company Profiles
  10.2.1. Sensata Technologies Inc.
    10.2.1.1. Key Information
    10.2.1.2. Overview
    10.2.1.3. Financial (Subject to Data Availability)
    10.2.1.4. Product Summary
    10.2.1.5. Recent Developments
  10.2.2. Continental AG
  10.2.3. Pacific Industrial Co. Ltd
  10.2.4. HufHьlsbeck&FьrstCo
  10.2.5. ZF Friedrichshafen AG
  10.2.6. Schrader Electronics
  10.2.7. AVE technologies
  10.2.8. Bartec USA LLC
  10.2.9. DUNLOP TECH
  10.2.10. Delphi Automotive LLP

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Indirect Tire Pressure Monitoring System Market, report scope
TABLE 2. Global Indirect Tire Pressure Monitoring System Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Indirect Tire Pressure Monitoring System Market estimates & forecasts by Technology 2018-2028 (USD Million)
TABLE 4. Global Indirect Tire Pressure Monitoring System Market estimates & forecasts by Vehicle Type 2018-2028 (USD Million)
TABLE 5. Global Indirect Tire Pressure Monitoring System Market estimates & forecasts by Sales Channel 2018-2028 (USD Million)
TABLE 6. Global Indirect Tire Pressure Monitoring System Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 7. Global Indirect Tire Pressure Monitoring System Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Indirect Tire Pressure Monitoring System Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Indirect Tire Pressure Monitoring System Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Indirect Tire Pressure Monitoring System Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Indirect Tire Pressure Monitoring System Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Indirect Tire Pressure Monitoring System Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Indirect Tire Pressure Monitoring System Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Indirect Tire Pressure Monitoring System Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Indirect Tire Pressure Monitoring System Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. U.S. Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 18. U.S. Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. Canada Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 20. Canada Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 21. Canada Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. UK Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 23. UK Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 24. UK Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. Germany Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 26. Germany Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 27. Germany Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. RoE Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 29. RoE Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 30. RoE Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. China Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 32. China Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 33. China Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. India Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 35. India Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 36. India Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. Japan Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 38. Japan Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 39. Japan Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. RoAPAC Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 41. RoAPAC Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 42. RoAPAC Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. Brazil Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 44. Brazil Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 45. Brazil Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Mexico Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 47. Mexico Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 48. Mexico Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. RoLA Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 50. RoLA Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 51. RoLA Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. Row Indirect Tire Pressure Monitoring System Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 53. Row Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 54. Row Indirect Tire Pressure Monitoring System Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. List of secondary sources, used in the study of global Indirect Tire Pressure Monitoring System Market
TABLE 56. List of primary sources, used in the study of global Indirect Tire Pressure Monitoring System Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Indirect Tire Pressure Monitoring System Market, research methodology
FIG 2. Global Indirect Tire Pressure Monitoring System Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Indirect Tire Pressure Monitoring System Market, key trends 2021
FIG 5. Global Indirect Tire Pressure Monitoring System Market, growth prospects 2022-2028
FIG 6. Global Indirect Tire Pressure Monitoring System Market, porters 5 force model
FIG 7. Global Indirect Tire Pressure Monitoring System Market, pest analysis
FIG 8. Global Indirect Tire Pressure Monitoring System Market, value chain analysis
FIG 9. Global Indirect Tire Pressure Monitoring System Market by segment, 2018 & 2028 (USD Million)
FIG 10. Global Indirect Tire Pressure Monitoring System Market by segment, 2018 & 2028 (USD Million)
FIG 11. Global Indirect Tire Pressure Monitoring System Market by segment, 2018 & 2028 (USD Million)
FIG 12. Global Indirect Tire Pressure Monitoring System Market by segment, 2018 & 2028 (USD Million)
FIG 13. Global Indirect Tire Pressure Monitoring System Market by segment, 2018 & 2028 (USD Million)
FIG 14. Global Indirect Tire Pressure Monitoring System Market, regional snapshot 2018 & 2028
FIG 15. North America Indirect Tire Pressure Monitoring System Market 2018 & 2028 (USD Million)
FIG 16. Europe Indirect Tire Pressure Monitoring System Market 2018 & 2028 (USD Million)
FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
FIG 18. Latin America Indirect Tire Pressure Monitoring System Market 2018 & 2028 (USD Million)
FIG 19. Global Indirect Tire Pressure Monitoring System Market, company Market share analysis (2021)


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