Dublin, June 03, 2022 (GLOBE NEWSWIRE) -- The "Global Tire Sensor Market, By Product Type, Sales Channel, Vehicle & By Region - Forecast and Analysis 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global tire sensor market was valued at USD 6,638.85 Million in 2021, and it is expected to reach a value of USD 11,381.43 Million by 2027, at a CAGR of more than 9.40% over the forecast period (2022 - 2027).
A tire-pressure monitoring system (TPMS) is an electronic system designed to monitor the air pressure inside the pneumatic tires on various types of vehicles. A TPMS reports real-time tire-pressure information to the driver of the vehicle, either via a gauge, a pictogram display, or a simple low-pressure warning light. TPMS can be divided into two different types - direct (dTPMS) and indirect (iTPMS). TPMS are provided both at an OEM (factory) level as well as an aftermarket solution. The goal of a TPMS is to avoid traffic accidents, poor fuel economy, and increased tire wear due to under-inflated tires through early recognition of the hazardous state of the tires. With more and more people being able to afford cars all over the world, the safety of cars is a rising concern. Even in markets like India, which used to have some of the lowest safety standards, car manufacturers have started offering Tire Pressure Monitoring System (TPMS) as an optional fitment. There is a lot of innovation going on in the TPMS space. Like the case of tire maker Sumitomo Rubber, which has begun proof-of-concept testing for a new type of tire pressure management solutions (TPMS) service, it claims to allow for remote monitoring of tire pressure and temperature.
The concept is part of a joint project undertaken with Shin-Idemitsu, and its group subsidiary IDEX Auto Japan, as well as partners at TripodWorks, and one of Sumitomo's tire sales subsidiaries, Dunlop. Through the testing project, the company hopes to evaluate the overall effectiveness of the service in supporting safer driving, as well as its specific effectiveness in terms of reducing maintenance time and workload, and preventing operator error. This was one of the biggest updates shared in 2020 in the TPMS space. The report provides market sizing and forecast across five major regions, namely, North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA). In this report, the year 2016 to 2020 is considered a historical year, 2021 is the base year, 2022 is the estimated year, and years from 2022 to 2027 are considered the forecast period. Aspects covered in this report
Based on product type, this market is segmented into direct and indirect.
Based on sales channel, this market is segmented into OEM and aftermarket.
Based on vehicle, this market is segmented into passenger car, commercial vehicle, construction vehicle, agriculture vehicle, and others.
Based on region, this market is categorized into North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).
Key players operating in this market are undertaking initiatives to capture a significant market share and address the increasing demand for tire sensors from various OEMs. Acquisitions, expansion, innovation, and product developments/launches are the four main growth strategies adopted by leading players in the tire sensor market. Some of the leading players in the market are NXP Semiconductors, Infineon, Silicon Microstructures, Schrader, Melexis, Continental, and DENSO. Key Topics Covered: 1. Executive Summary 2. Market overview
(Exhibit: Data Analysis on Historic Price, 2016 - 2020, $)
(Exhibit: Data Analysis on Current Price, 2021 ($))
(Exhibit: Data Analysis on Forecast Price, 2022-2027 ($))
(Exhibit: Data Table: Name of technology and details)
(Exhibit: Data Table: Name of Patents and details)
Key Exporting and Importing Countries
(Exhibit: Data Table: Import Data, 2016 - 2021)
(Exhibit: Data Table: Export Data, 2016 - 2021)
(Exhibit: Detailed Value Chain Presentation)
Exhibit: Parent Market Ecosystem Market Analysis
Exhibit: Market Characteristics of Parent Market
Impact On Economy - scenario Assessment
Exhibit: Data on GDP - Year-over-year growth 2020-2027 (%)
Exhibit: Data Table on Global - Market size and forecast 2020-2027 ($ Million)
Impact Of COVID On Key Segments
Exhibit: Data Table on Segment Market size and forecast 2020-2027 ($ Million)
Exhibit: Analysis on key strategies adopted by companies
Exhibit: Impact analysis of DROC, 2021
Exhibit: Data Table on regulation from different region
Exhibit: Competitive rivalry Impact of key factors, 2021
Exhibit: Threat of Substitute Products Impact of key factors, 2021
Exhibit: buyers bargaining power Impact of key factors, 2021
Exhibit: Threat of new entrants Impact of key factors, 2021
Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
Special insights on future disruptions
6. Global Tire Sensors Market by Product Type
Exhibit: Chart on Market share Analysis 2021-2027 (%)
Exhibit: Data table on Market share 2021-2027 (%)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
7. Global Tire Sensors Market by Sales Channel
Exhibit: Chart on Market share Analysis 2021-2027 (%)
Exhibit: Data table on Market share 2021-2027 (%)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
8. Global Tire Sensors Market by vehicle
Exhibit: Chart on Market share Analysis 2021-2027 (%)
Exhibit: Data table on Market share 2021-2027 (%)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Market Estimates & Forecast, 2021-2027
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Chart on Market share by geography 2021-2027 (%)
Data Table on Market share by geography 2021-2027(%)
Chart on Market share by country 2021-2027 (%)
Data Table on Market share by country 2021-2027(%)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Chart on Market share by country 2021-2027 (%)
Data Table on Market share by country 2021-2027(%)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Chart on Market share by country 2021-2027 (%)
Data Table on Market share by country 2021-2027(%)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Exhibit: Chart on Market share 2021-2027 (%)
Exhibit: Market size and forecast 2021-2027 ($ million)
Total number of companies covered
For more information about this report visit https://www.researchandmarkets.com/r/dmwqpx
Elon Musk stole the spotlight this morning, and his reported comments are hitting the stock prices of many electric vehicle (EV) makers. Nio (NYSE: NIO) is one that shares the Chinese market with Musk's Tesla, and its American depositary shares are being impacted. As of 11:06 a.m. ET, Nio shares were down 4.9% on the final trading day of the week.
Yahoo Finance senior health reporter Anjalee Khemlani looks at the FDA linking myocarditis to Novavax's COVID-19 vaccine, in addition to the rise in monkeypox cases in the U.S.
Boeing did not immediately respond to a Reuters' request for a comment. Last month, Boeing Chief Financial Officer Brian West said the 737 MAX production and deliveries were hit by the shortage of a particular wiring connector. Resuming deliveries of 787 Dreamliners and clearing inventories of its 737 Max are vital to Boeing's ability to emerge from the overlapping pandemic and jet-safety crises, a task complicated by supply-chain bottlenecks and the war in Ukraine.
Oil rig numbers have climbed, but producers remain reluctant to deliver more oil, focusing instead on oil stock investors.
Despite weak balance sheets, these companies are showing good profitability
Oil prices are higher than have been seen in years. Saudi Arabia may be the only country that can help.
The West has piled on massive sanctions on Russia to chip away at Moscow’s war chest, but Putin has managed to stay one step ahead
If oil keeps rising, it would be great news for energy stocks—and oil exploration stocks in particular.
(Bloomberg) -- Australia’s new government, elected with a promise to accelerate a shift away from fossil fuels, is holding talks with oil and gas giants to ease an energy squeeze that’s delivered a first major test.Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsTesla Pauses Hiring as Musk Aims for 10% Staff Cut, Reuters Says‘Most Clever Oligarch’ Severed His $37 Billion Fortune From Russian RootsElon Musk’s Ultimatum to Tesla Execs: Return t
(Bloomberg) -- Oil posted a sixth weekly gain after a keenly anticipated OPEC+ meeting delivered only a modest increase in output that failed to assuage concerns over a widening supply deficit. Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsTesla Pauses Hiring as Musk Aims for 10% Staff Cut, Reuters Says‘Most Clever Oligarch’ Severed His $37 Billion Fortune From Russian RootsElon Musk’s Ultimatum to Tesla Execs: Return to the Office or Get O
The copper industry is comprised of companies involved in the exploration, extraction, development, and production of copper, one of the most widely used metals. Copper demand is closely tied to economic cycles as it's used for a broad range of applications, including construction, electronics, industrial machinery, transportation, power generation, and transmission.
Facebook’s COO Sandberg to quit, fresh data on manufacturing and jobs, Pfizer seeks approval for Covid vaccines for young children, and other news to start your day.
Tesla shares are down after CEO Elon Musk stated the company would be laying off 10% of its workforce amid his bearish sentiment on the economy.
In May, McDonald's Corp sold the restaurants to Govor, one of its licensees in Russia, who will rebrand them under a new name, ending more than three decades of the "Golden Arches" in the country. "We have a challenging and ambitious plan - to reopen all of the chain's restaurants in two months," Govor, who initially owned 25 McDonald's restaurants in Siberia as a franchisee, said in the interview with the Forbes Russia magazine. McDonald's temporarily closed its restaurants in Russia in March after Russia sent troops to Ukraine.
Anytime a Krispy Kreme store has its "Hot Light" on, you can grab a free glazed doughnut.
(Reuters) -Boeing Co Chief Executive Dave Calhoun said on Friday the U.S. planemaker has no current plans to tap equity markets, and signaled a wait of at least two years before launching a new aircraft program. Calhoun also said Boeing had received a "clear" response letter from the U.S. Federal Aviation Administration (FAA) regarding its 787 Dreamliner certification package submission, but there was always work to do post-application. Clearing a swollen inventory of twin-aisled Dreamliners and its best-selling 737 MAX is vital to Boeing's ability to emerge from the overlapping pandemic and jet-safety crises, a task complicated by supply-chain bottlenecks and war in Ukraine.
Shares of Nio (NYSE: NIO) continued to bounce from 52-week lows this week. Nio reported its May 2022 delivery data Wednesday, and the numbers were somewhat disappointing. The production delays impacted automakers throughout China, but peers XPeng and Li Auto both delivered notably more vehicles than Nio last month.
Shares of Twilio , the a cloud communications platform, have been in a downward trend since July but now the tide looks like it is shifting and the price action is more positive. A lower price is not a reason to buy so let's look further. The trading volume increased at the time of the early May low and that is a "tell" that investors may have come in as buyers.
The move could cut around 10,000 jobs globally, based on how many employees the electric vehicle and solar power company said it employed at the end of 2021.
(Bloomberg) -- OPEC+ agreed to open its oil taps faster in the summer months, a gesture of reconciliation to the US that nevertheless keeps Russia at the heart of the cartel.Most Read from BloombergOne-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey FindsElon Musk’s Ultimatum to Tesla Execs: Return to the Office or Get OutTesla Pauses Hiring, Musk Says Need to Cut Staff by 10%: ReutersApple Plans to Make the iPad More Like a Laptop and Less Like a PhoneStocks Decline as Data