Welcome!

News Feed Item

Strategic Analysis of the North American Market for Tire Pressure Monitoring Systems

NEW YORK, Jan. 20, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Strategic Analysis of the North American Market for Tire Pressure Monitoring Systems
http://www.reportlinker.com/p01941685/Strategic-Analysis-of-the-North-American-Market-for-Tire-Pressure-Monitoring-Systems.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Auto_Electronic_and_Electric_Equipment

OEM Preference for Direct TPMS Will Cap Indirect TPMS at 2% Penetration by 2020

Key Findings

Almost 99.7% of the revenue in the North American tire pressure monitoring system (TPMS) market is currently contributed by direct TPMS.

Region Level
The North American TPMS market is expected to contribute a revenue of about $xx billion in 2020, at a compound annual growth rate (CAGR) of xx %.

Technology Mix
The TPMS market in North America is more inclined toward direct systems rather than indirect systems.

OEM Level
Audi and Volkswagen (VW) of the Volkswagen Group prefer an indirect system over a direct system.
Original equipment manufacturers (OEMs) such as Honda and Fiat are expected to follow the same in the coming years.

Suppliers
Schrader is the market leader for direct TPMS in North America. NIRA Dynamics and Continental are fast-growing suppliers of indirect systems with a tire pressure indicator (TPI) and a deflation detection system (DDS) with LocSync software.

Comparative Analysis by Segment

- While suppliers of direct TPMS focus on producing low-cost TPMS solutions, the suppliers of indirect TPMS target customer value enhancement.
- Demand growth is from xx million units in 2012 to about xx million units in 2020.
- Suppliers are eager to produce cost-efficient direct TPMS sensors to compete with low-cost indirect TPMS. Focus is more toward the development of sensing technologies.
- OEMs and consumers will likely prefer indirect TPMS over direct TPMS in the coming years.
- Suppliers address the requirements of customers to add more value to their products.

Key Conclusions and Future Outlook

Trends of TPMS market will have positive but flat growth until 2020.

Market Status :
- Robust growth is observed in the market, and TPMS legislation is driving the growth of TPMS.
- The market is expected to have steady growth until 2020.

Competition
- With a combined share of xx %, the market is consolidated by xx participants (Schrader, Continental, and Pacific) in North America.
- Competition is aggressive from market participants such as Pacific and Continental and newer participants for intelligent tires.

Solutions
- Interest persists in reducing the price of direct TPMS sensors.
- Higher level of awareness among end users is pushing concentration levels toward indirect systems.

Technology
- The market will likely shift from direct to indirect TPMS in the coming years.
- Hybrid TPMS is expected to gain significance after 2018.
- Deflation warning with auto-location and intelligent tires has potential in the future.

Value Proposition
- Suppliers have the ability to offer low-cost direct TPMS sensors with high performance.
- OEMS have the ability to integrate applications into TPMS (for example, remote keyless entry (RKE) and direct TPMS) and provide battery-less TPMS sensors.
- Systems will be fuel-efficient.

Barriers in the North American Market
- There is a need for consumer/public awareness.
- With cost competitiveness, there is a need to adapt strategic pricing methods that incorporate advanced embedded and sensing technologies.
Executive Summary
Research Scope, Objectives, Methodology, and Background
Definitions and Segmentation
Market Overview
Megatrends and Industry Convergence Implications
Total TPMS Market
- External Challenges: Drivers and Restraints
- Forecast and Trends
- Market Share and Competitive Analysis
Conclusions and Future Outlook
Appendix

To order this report: Strategic Analysis of the North American Market for Tire Pressure Monitoring Systems
http://www.reportlinker.com/p01941685/Strategic-Analysis-of-the-North-American-Market-for-Tire-Pressure-Monitoring-Systems.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Auto_Electronic_and_Electric_Equipment

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
CI/CD is conceptually straightforward, yet often technically intricate to implement since it requires time and opportunities to develop intimate understanding on not only DevOps processes and operations, but likely product integrations with multiple platforms. This session intends to bridge the gap by offering an intense learning experience while witnessing the processes and operations to build from zero to a simple, yet functional CI/CD pipeline integrated with Jenkins, Github, Docker and Azure...
"We do one of the best file systems in the world. We learned how to deal with Big Data many years ago and we implemented this knowledge into our software," explained Jakub Ratajczak, Business Development Manager at MooseFS, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?
The hierarchical architecture that distributes "compute" within the network specially at the edge can enable new services by harnessing emerging technologies. But Edge-Compute comes at increased cost that needs to be managed and potentially augmented by creative architecture solutions as there will always a catching-up with the capacity demands. Processing power in smartphones has enhanced YoY and there is increasingly spare compute capacity that can be potentially pooled. Uber has successfully ...
All zSystem customers have a significant new business opportunity to extend their reach to new customers and markets with new applications and services, and to improve the experience of existing customers. This can be achieved by exposing existing z assets (which have been developed over time) as APIs for accessing Systems of Record, while leveraging mobile and cloud capabilities with new Systems of Engagement applications. In this session, we will explore business drivers with new Node.js apps ...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
For years the world's most security-focused and distributed organizations - banks, military/defense agencies, global enterprises - have sought to adopt cloud technologies that can reduce costs, future-proof against data growth, and improve user productivity. The challenges of cloud transformation for these kinds of secure organizations have centered around data security, migration from legacy systems, and performance. In our presentation, we will discuss the notion that cloud computing, properl...
Chris Matthieu is the President & CEO of Computes, inc. He brings 30 years of experience in development and launches of disruptive technologies to create new market opportunities as well as enhance enterprise product portfolios with emerging technologies. His most recent venture was Octoblu, a cross-protocol Internet of Things (IoT) mesh network platform, acquired by Citrix. Prior to co-founding Octoblu, Chris was founder of Nodester, an open-source Node.JS PaaS which was acquired by AppFog and ...
By 2021, 500 million sensors are set to be deployed worldwide, nearly 40x as many as exist today. In order to scale fast and keep pace with industry growth, the team at Unacast turned to the public cloud to build the world's largest location data platform with optimal scalability, minimal DevOps, and maximum flexibility. Drawing from his experience with the Google Cloud Platform, VP of Engineering Andreas Heim will speak to the architecture of Unacast's platform and developer-focused processes.
The deluge of IoT sensor data collected from connected devices and the powerful AI required to make that data actionable are giving rise to a hybrid ecosystem in which cloud, on-prem and edge processes become interweaved. Attendees will learn how emerging composable infrastructure solutions deliver the adaptive architecture needed to manage this new data reality. Machine learning algorithms can better anticipate data storms and automate resources to support surges, including fully scalable GPU-c...
The vast majority of businesses now use cloud services, yet many still struggle with realizing the full potential of their IT investments. In particular, small and medium-sized businesses (SMBs) lack the internal IT staff and expertise to fully move to and manage workloads in public cloud environments. Speaker Todd Schwartz will help session attendees better navigate the complex cloud market and maximize their technical investments. The SkyKick co-founder and co-CEO will share the biggest challe...
When applications are hosted on servers, they produce immense quantities of logging data. Quality engineers should verify that apps are producing log data that is existent, correct, consumable, and complete. Otherwise, apps in production are not easily monitored, have issues that are difficult to detect, and cannot be corrected quickly. Tom Chavez presents the four steps that quality engineers should include in every test plan for apps that produce log output or other machine data. Learn the ste...
With more than 30 Kubernetes solutions in the marketplace, it's tempting to think Kubernetes and the vendor ecosystem has solved the problem of operationalizing containers at scale or of automatically managing the elasticity of the underlying infrastructure that these solutions need to be truly scalable. Far from it. There are at least six major pain points that companies experience when they try to deploy and run Kubernetes in their complex environments. In this presentation, the speaker will d...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...