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Global Tire Pressure Monitoring Systems (TPMS) Industry

  • February 2015
  • -
  • Global Industry Analysts
  • -
  • 231 pages

This report analyzes the worldwide markets for Tire Pressure Monitoring Systems (TPMS) in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2013 through 2020. Also, a four-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 78 companies including many key and niche players such as -

Advantage PressurePro LLC
ALLIGATOR Ventilfabrik GmbH
Bartec USA LLC
Bendix Commercial Vehicle Systems LLC
Bosch Automotive Technology

Table Of Contents

Global Tire Pressure Monitoring Systems (TPMS) Industry



I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation and Reporting Level I-2
Quantitative Techniques and Analytics I-3
Product Definitions and Scope of Study I-3


II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW II-1
The Changing Face of the Automotive Industry: A Prelude II-1
Table 1: Emerging Dominance of OEMs From Developing Countries
in the Global Automotive Manufacturing Market (2012 and 2025P):
Percentage Share Breakdown of Number of OEMs by Origin - OEMs
from Developed Automotive Markets and OEMs from Emerging
Automotive Markets (includes corresponding Graph/Chart) II-3

Table 2: Emerging Dominance of OEMs From Developing Countries
in the Global Passenger Car Market (2012 and 2025P): Percentage
Share Breakdown of Regional and Foreign OEMs by Region/Country
(includes corresponding Graph/Chart) II-4

Table 3: Middle-Class Consumer Spending Across Developed and
Developing Regions (2013 and 2030F): Percentage Breakdown by
Region (includes corresponding Graph/Chart) II-5
Growing Significance of Automotive Safety Technologies II-5
Tire Pressure Monitoring System (TPMS): A Crucial Safety
Feature II-6
TPMS: A Legislation Driven Market II-6
Developed Markets - The Traditional Revenue Generators II-7
Impact of the 2007-2009 Recession on the Automotive Industry
in Retrospect II-8
Market Stages Strong Comeback in 2010 II-8
Market Once Again Tested Between 2011-2013: A Recent Past
Perspective II-9
Uncertainty in US Economy in 2013 Hurts Automotive Industry
- Slows Down Growth Momentum TPMS Market II-9
‘Eurozone' Debt Crisis Tempers Economic Activity in the
Region in 2012 and 2013 II-10
European Debt Crisis Drags Automotive Market into the Red -
Hurts Demand for TPMS in 2012 and 2013 II-11
Table 4: European Automobile Market: Plant Capacity
Utilization for the Years 2007, 2010, 2011 and 2012 (includes
corresponding Graph/Chart) II-12
Weak Japanese Economy in H2-2013 Slows Down Growth in TPMS
Market II-13
Uneven Growth in Emerging Markets During 2011-2013 Due to
Structural Slowdown Slows Down Penetration of TPMS in Asia
-Pacific II-13
Resurgence in Growth Fundamentals Encourages an Optimistic
Market Outlook for the Year 2014 and Beyond II-15
Table 5: World GDP (2012-2015): Breakdown of Percentage GDP
Growth by Select Country (includes corresponding
Graph/Chart) II-16
US Market in 2014 and Beyond: Mostly Positive Outlook Sprinkled
With Yet Lingering Fears II-17
European Market in 2014 and Beyond: Hopes for a Recovery
Despite Volatility and Risks of a Relapse II-18
Table 6: EU Real GDP Growth Rates in % (2014 and 2015):
Breakdown by Country (includes corresponding Graph/Chart) II-20

Table 7: Key Business Indicators in the Euro Area for the
First 3 Quarters of the Year 2014 (includes corresponding
Graph/Chart) II-21
Developing Countries to be Primary Growth Drivers in Coming
Years II-21
Year 2014 and 2015: Cyclical Upturn Encourages Positive
Automotive Manufacturing Outlook in Asia-Pacific - Bodes
Well for Market II-22
Replacement Demand - A Major Opportunity for Developed Markets II-23
Outlook II-23

2. MARKET TRENDS and ISSUES II-24
Projected Rise in Auto Sales and Subsequent Rise in Production
to Boost Market Prospects II-24
Table 8: World Production of Passenger Cars: Breakdown of
Annual Production Figures in ‘000' Units for Years 2014 and
2018 by Geographic Region/Country (includes corresponding
Graph/Chart) II-25

Table 9: World Production of Commercial Vehicles: Breakdown
of Annual Production Figures in ‘000' Units for Years 2014 and
2018 by Geographic Region/Country (includes corresponding
Graph/Chart) II-26
Quest for Fuel Efficiency Offers a Business Case for TPMS II-26
Direct TPMS Continues to Score Over Indirect TPMS on Counts of
Reliability II-27
Growing Popularity of Run-flat Tires Bodes Well for TPMS II-28
Consumer Awareness Yet to be Spearheaded II-28
Aircraft TPMS Gain Importance II-28
Motorcycle TPMS: A Lucrative Niche II-29
OTR Market: A New Growth Sector for TPMS II-29
Innovation is the Name of the Game II-30
Hacking Through a Car's TPMS Causes Concern II-30
Aftermarket TPMS Offerings Benefit Automotive Accessory
Distributors II-30
Market Share Statistics II-31
Table 10: World Market for Tire Pressure Monitoring System
(TPMS) (2013): Percentage Market Share Breakdown of Leading
Players (includes corresponding Graph/Chart) II-31
Airless Tires - An Emerging Threat? II-31

3. PRODUCT OVERVIEW II-32
Tire Pressure Monitoring System (TPMS): A Definition II-32
Direct TPMS II-32
Disadvantages of Battery-Powered Direct TPMS II-33
Battery Limitations II-33
Higher Replacement Cost II-33
Sensors Prone to Damage and Hamper Wheel Balancing II-33
Indirect TPMS II-33
Components of a TPMS II-34
Sensor/Transmitter Device II-34
Radio Frequency Receiver Module II-34
LF Commander Device II-34
Electronic Control Unit II-35
Advantages of TPMS II-35
Safety II-35
Environment II-35
Cost Benefits II-35

4. PRODUCT INTRODUCTIONS/LAUNCHES II-36
Continental Upgrades TPMS With Automatic Trailer Learning
Functionality II-36
Dill Air Control Expands OEM TPMS Sensor Portfolio II-36
Fobo Introduces FOBO Tire Smartphone Based TPMS System II-36
PAPAGO Introduces New TPMS System II-36
TRW Introduces Integrated RKE and TPMS Solution II-36
PressurePro Collaborates with Trimble to Launch Trimble®
TirePulseâ„¢ II-36
HawksHead Launches Hand-Held TPMS Reader for OTR and Semi
Truck Fleets II-36
WheelRight Introduces the Latest TPMS Solution II-37
TyrePal Launches TyrePal TC215 TPMS II-37
HawksHead Introduces Moto-Track TPMS for Motorcycles II-37
Bartec Introduces TECH400SD TPMS Tool II-37
Bendix Launches SmarTire® Trailer-Link™ TPMS II-37
Advantage PressurePro Unveils Flex Intelligent Monitor Upgrades II-37
Continental Tire the Americas Launches ContiPressureCheck System II-37
Doran Manufacturing Launches Tire Pressure Monitoring Sensors II-37
BridgeStone Commercial Solutions Develops B-TAG Temperature-
and Pressure-Monitoring System for OTR Tires II-38
Bartec Launches Three New TPMS Products II-38
Comatra Unveils Tire Pressure Monitoring System for
Agricultural Tires II-38
Schrader Launches Off-The-Road TPMS II-38
Steelmate Launches TPMS and a Backup Camera for Ford Trucks II-38
TireStamp Unveils TireVigil TPMS Trailer II-38
Bendix to Unveil SmarTire TPMS for Trailers II-38
Wabco Introduces Integrated Vehicle Tire Pressure Monitoring
System II-38
Daimler Trucks North America Introduces Tire Pressure
Monitoring System II-39
Bridgestone Introduces B-Tag II-39
Schrader® Launches Schrader EZ-tire™ Tire-mounted Sensors II-39
Schrader® Introduces TPMS Range for Off-the-Road Vehicles II-39
Bridgestone to Launch TPMS in Europe II-39
ESCO Launches New Truck TPMS II-39

5. RECENT INDUSTRY ACTIVITY II-40
Advantage Pressure Pro Enter into Strategic Alliance with
GPSTrackIt.com II-40
Sensata Set to Acquire Schrader II-40
Doran Announces Integration of Doran 360â„¢ TPMS with Omnitracs
MCP200, MCP110 and MCP50 Mobile Computing Platforms II-40
Wabco and Huf Electronics Bretten to Develop Next-Generation
Tire Pressure Monitoring System II-40
NIRA Enters into an Agreement with Bosch II-40
Schrader Bags New Contract from Mahindra Reva II-40
Translogik Wins New Contract from Kumba II-41
SMP Acquires Stake in Orange Electronic II-41
PressurePro Teams Up with Velociti for TPMS Installation Services II-41
Transense Enters into iTrack Supply Agreement with AutoRFID II-41
Murata Renames VTI as Murata Electronics Oy II-41
PressurePro Enters into an Exclusive Agreement with Trimble II-41
Advantage PressurePro Teams Up with Concirrus II-41
WABCO Signs Agreement with GAZ Group II-42
Madison Dearborn Acquires Schrader II-42
PressurePro Enters into a Partnership with Mobile Witness II-42

6. FOCUS ON SELECT PLAYERS II-43
Advantage PressurePro LLC (USA) II-43
ALLIGATOR Ventilfabrik GmbH (Germany) II-43
Bartec USA LLC (USA) II-43
Bendix Commercial Vehicle Systems LLC (USA) II-44
Bosch Automotive Technology (Germany) II-44
Continental AG (Germany) II-44
Delphi Automotive LLP (USA) II-45
Dill Air Control Products (USA) II-45
Doran Manufacturing, LLC. (US) II-45
Dunlop Tech GmbH (Germany) II-45
GE Measurement and Control (USA) II-46
Hella Ireland Limited (Ireland) II-46
Huf Electronics Bretten GmbH (Germany) II-46
Johnson Controls, Inc. (USA) II-46
Murata Electronics Oy (Finland) II-47
NIRA Dynamics AB (Sweden) II-47
Orange Electronic North America (USA) II-47
Pacific Industrial Co., Ltd. (Japan) II-48
Schrader Electronics Ltd (UK) II-48
Silicon Microstructures Inc. (USA) II-48
Standard (USA) II-49
Transense Technologies Plc (UK) II-49
TRW Automotive Holdings Corp. (USA) II-49

7. GLOBAL MARKET PERSPECTIVE II-50
Table 11: World Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems by Region/Country - US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), and
Rest of World Markets Independently Analyzed with Annual
Dollar Sales in US$ Million for Years 2013 through 2020
(includes corresponding Graph/Chart) II-50

Table 12: World Historic Review for Tire Pressure Monitoring
Systems by Region/Country - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), and Rest of World Markets
Independently Analyzed with Annual Dollar Sales in US$ Million
for Years 2009 through 2012 (includes corresponding
Graph/Chart) II-51

Table 13: World 10-Year Perspective For Tire Pressure
Monitoring Systems by Region/Country - Percentage Breakdown of
Annual Dollar Sales for US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), and Rest of World Markets for
Years 2009, 2014 and 2020 (includes corresponding Graph/Chart) II-52


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Current and Future Analysis III-1
Years 2011 and 2012 Witness Considerable Growth in US Economy -
Keeps Demand Steady for TPMS III-1
After a Temporary Slowdown in Growth in 2013, TPMS Market
Bounces Back in 2014 III-2
Replacement Demand to Drive US Market for TPMS Going Further III-2
Table 14: TPMS Market in North America - Percentage Share
Breakdown of Sales Revenue by Segment - OEM and Aftermarket
for Year 2008 and 2018 (includes corresponding Graph/Chart) III-3
Stringent Regulations Drive US TPMS Market III-3
The TREAD Act III-4
Historic Events III-4
The Final Rule III-5
Table 15: North American Market for Tire Pressure
Monitoring System (TPMS) (2013): Percentage Market Share
Breakdown of Leading Players (includes corresponding
Graph/Chart) III-5
Product Launches III-5
Strategic Corporate Developments III-8
Key Players III-9
B.Market Analytics III-13
Table 16: US Recent Past, Current and Future Analysis for Tire
Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-13

Table 17: US Historic Review for Tire Pressure Monitoring
Systems Analyzed with Annual Dollar Sales in US$ Million for
Years 2009 through 2012 (includes corresponding Graph/Chart) III-14

2. CANADA III-15
A.Market Analysis III-15
Current and Future Analysis III-15
Product Launches III-15
B.Market Analytics III-16
Table 18: Canadian Recent Past, Current and Future Analysis
for Tire Pressure Monitoring Systems Analyzed with Annual
Dollar Sales in US$ Million for Years 2013 through 2020
(includes corresponding Graph/Chart) III-16

Table 19: Canadian Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-17

3. JAPAN III-18
A.Market Analysis III-18
Current and Future Analysis III-18
A Snapshot III-18
Product Launch III-18
Strategic Corporate Development III-18
Key Player III-19
B.Market Analytics III-19
Table 20: Japanese Recent Past, Current and Future Analysis
for Tire Pressure Monitoring Systems Analyzed with Annual
Dollar Sales in US$ Million for Years 2013 through 2020
(includes corresponding Graph/Chart) III-19

Table 21: Japanese Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-20

4. EUROPE III-21
A.Market Analysis III-21
Current and Future Analysis III-21
Indirect TPMS Starts Gaining Industry Attention in Europe III-21
Regulatory Environment III-21
A Peek into European Union ECE-R 64 Legislation III-22
Stringent Environmental Regulations to Drive TPMS Market in
Europe III-22
B.Market Analytics III-23
Table 22: European Recent Past, Current and Future Analysis
for Tire Pressure Monitoring Systems by Region/Country -
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets Independently Analyzed with Annual Dollar Sales in
US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-23

Table 23: European Historic Review for Tire Pressure
Monitoring Systems by Region/Country - France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets
Independently Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-24

Table 24: European 12-Year Perspective for Tire Pressure
Monitoring Systems by Region/Country - Percentage Breakdown
of Annual Dollar Sales for France, Germany, Italy, UK,
Spain, Russia and Rest of Europe Markets for Years 2009,
2014 and 2020 (includes corresponding Graph/Chart) III-25

4a. FRANCE III-26
A.Market Analysis III-26
Current and Future Analysis III-26
B.Market Analytics III-26
Table 25: French Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-26

Table 26: French Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-27

4b. GERMANY III-28
A.Market Analysis III-28
Current and Future Analysis III-28
Renowned for Luxury Car Manufacturing - Germany Proves to be
a Huge Market for TPMS III-28
Strategic Corporate Developments III-28
Key Players III-29
B.Market Analytics III-31
Table 27: German Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-31

Table 28: German Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-32

4c. ITALY III-33
A.Market Analysis III-33
Current and Future Analysis III-33
B.Market Analytics III-33
Table 29: Italian Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-33

Table 30: Italian Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-34

4d. THE UNITED KINGDOM III-35
A.Market Analysis III-35
Current and Future Analysis III-35
Product Launches III-35
Strategic Corporate Development III-35
Key Players III-35
B.Market Analytics III-37
Table 31: United Kingdom Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems Analyzed with
Annual Dollar Sales in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) III-37

Table 32: United Kingdom Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-38

4e. SPAIN III-39
A.Market Analysis III-39
Current and Future Analysis III-39
B.Market Analytics III-39
Table 33: Spanish Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-39

Table 34: Spanish Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-40

4f. RUSSIA III-41
A.Market Analysis III-41
Current and Future Analysis III-41
Planned Regulatory Framework for Mandatory TPMS Integration
to Unlock Lucrative Opportunities III-41
B.Market Analytics III-41
Table 35: Russian Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-41

Table 36: Russian Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-42

4g. REST OF EUROPE III-43
A.Market Analysis III-43
Current and Future Analysis III-43
Product Launches III-43
Key Players III-43
B.Market Analytics III-44
Table 37: Rest of Europe Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems Analyzed with
Annual Dollar Sales in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) III-44

Table 38: Rest of Europe Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-45

5. ASIA-PACIFIC III-46
A.Market Analysis III-46
Current and Future Analysis III-46
Market Overview III-46
B.Market Analytics III-47
Table 39: Asia-Pacific Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems by
Region/Country - China, South Korea and Rest of Asia-Pacific
Markets Independently Analyzed with Annual Dollar Sales in
US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-47

Table 40: Asia-Pacific Historic Review for Tire Pressure
Monitoring Systems by Region/Country - China, South Korea
and Rest of Asia-Pacific Markets Independently Analyzed with
Annual Dollar Sales in US$ Million for Years 2009 through
2012 (includes corresponding Graph/Chart) III-48

Table 41: Asia-Pacific 10-Year Perspective for Tire Pressure
Monitoring Systems by Region/ Country - Percentage Breakdown
of Annual Dollar Sales for China, South Korea and Rest of
Asia-Pacific Markets for Years 2009, 2014 and 2020 (includes
corresponding Graph/Chart) III-49

5a. CHINA III-50
A.Market Analysis III-50
Current and Future Analysis III-50
The Still Strong Automotive Industry Presents III-50
Soaring popularity of Premium Automobiles Bodes Well for
TPMS Market III-51
B.Market Analytics III-51
Table 42: Chinese Recent Past, Current and Future Analysis for
Tire Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2013 through 2020 (includes
corresponding Graph/Chart) III-51

Table 43: Chinese Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-52

5b. SOUTH KOREA III-53
A.Market Analysis III-53
Current and Future Analysis III-53
The Largest and the Fastest Growing Regional Market for TPMS
in Asia-Pacific III-53
B.Market Analytics III-54
Table 44: South Korean Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems Analyzed with
Annual Dollar Sales in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) III-54

Table 45: South Korean Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-55

5c. REST OF ASIA-PACIFIC III-56
A.Market Analysis III-56
Current and Future Analysis III-56
Product Launch III-56
Strategic Corporate Developments III-56
B.Market Analytics III-57
Table 46: Rest of Asia-Pacific Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems Analyzed with
Annual Dollar Sales in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) III-57

Table 47: Rest of Asia-Pacific Historic Review for Tire
Pressure Monitoring Systems Analyzed with Annual Dollar
Sales in US$ Million for Years 2009 through 2012 (includes
corresponding Graph/Chart) III-58

6. REST OF WORLD III-59
A.Market Analysis III-59
Current and Future Analysis III-59
Strategic Corporate Developments III-59
B.Market Analytics III-60
Table 48: Rest of World Recent Past, Current and Future
Analysis for Tire Pressure Monitoring Systems Analyzed with
Annual Dollar Sales in US$ Million for Years 2013 through
2020 (includes corresponding Graph/Chart) III-60

Table 49: Rest of World Historic Review for Tire Pressure
Monitoring Systems Analyzed with Annual Dollar Sales in US$
Million for Years 2009 through 2012 (includes corresponding
Graph/Chart) III-61


IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 78 (including Divisions/Subsidiaries - 88)

The United States (29)
Canada (2)
Japan (6)
Europe (24)
- Germany (9)
- The United Kingdom (9)
- Rest of Europe (6)
Asia-Pacific (Excluding Japan) (26)
Africa (1)

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