1. Market Research
  2. > Automotive
  3. > Auto Part Market Trends
  4. > Strategic Analysis of the Tyre Pressure Monitoring Systems Market in Europe

Legal Compliance of Indirect Systems Increases Original Equipment Manufacturers’ Preference

Executive Summary—Key Findings

Almost % of tyre pressure monitoring systems’ (TPMS) revenue in Europe at present is contributed by direct TPMSs.
- TPMS, which are currently contributing € million to the European automotive market, are expected to generate revenue of € million by 2020 with CAGR of xx%.
- A consistent level of technology mix of both direct and indirect systems is expected in the European market from 2012 to 2020.
- The trend is predicted to shift towards indirect systems with the introduction of second-generation indirect systems.
- In the European market, Audi and Volkswagen of Volkswagen Group prefer indirect systems over direct systems.
- OEMs such as Honda and Fiat are expected to follow the same trend in the coming years.
- Schrader is the market leader for direct TPMS in both regions. Dunlop Tech and Continental are fast-growing suppliers of indirect systems.

Competitive Positioning of Key Suppliers

Growing competition between direct and indirect system will impact the market position of direct TPMS suppliers.
- Schrader leads the European market for TPMS with snap-in sensors. It closely competes with Continental.
- Dunlop Tech is the 2nd leading provider of indirect TPMS solutions. In cooperation with BOSCH and their customers, such as BMW, they focus on delivering fuel-efficient TPMS solutions.
- TRW’s hybrid TPMS provide an auto-location function by combining direct sensors and information from ABS*/ESC* sensors.

Key Conclusions and Future Outlook

Low-cost TPMS solutions with a high performance-cost ratio from the suppliers are expected drive growth of the TPMS market.

Market Status
- Robust growth is observed in the market and the TPMS legislations are rigorously driving the growth of TPMS
- Expected to have steady growth until 2020.

Competition
- Continental & Schrader hold xx% of the market in Europe for direct TPMS and 65% is held by Continental & Dunlop Tech for indirect TPMS
- Aggressive competition from market players like Schrader, Dunlop Tech, Continental, and newer participants for intelligent tyres

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

Technology
- The market is likely to shift from manual direct to indirect TPMS post-2014 and also to hybrid TPMS post-2018
- Deflation warning with auto-location and intelligent tyres have potential in the future

Value Proposition
- Suppliers have the ability to offer low-cost direct TPMS sensors and a high-cost performance solution
- OEMs have the ability to integrate applications into TPMS (e.g., RKE* + direct TPMS) and provide battery-less TPMS sensors
- Fuel-efficient systems

Barriers in European Market
- Need for consumer/public awareness
- Cost competitiveness: need to adapt strategic pricing methods incorporating advanced embedded and sensing technologies

Table Of Contents

Strategic Analysis of the Tyre Pressure Monitoring Systems Market in Europe
Executive Summary
Research Scope, Objectives, Methodology, and Background
Definitions and Segmentation
Market Overview
Mega Trends and Industry Convergence Implications
TPMS Market
External Challenges: Drivers and Restraints
Forecast and Trends
Market Share and Competitive Analysis
Conclusions and Future Outlook
Appendix

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Worldwide Advanced Driver Assistance Systems Forecast, 2016-2020: Semiconductors in the Connected Car and the Changing Automotive Architecture

Worldwide Advanced Driver Assistance Systems Forecast, 2016-2020: Semiconductors in the Connected Car and the Changing Automotive Architecture

  • $ 5720
  • Industry report
  • December 2016
  • by IDC

This IDC study provides data for ADAS and microprocessors for 2015-2020, with analysis and commentary."The increased adoption of more sophisticated ADAS function, which will eventually result in autonomous ...

Global Advanced Driver Assistance Systems Market - Growth, Trends, and Forecasts (2017-2022)

Global Advanced Driver Assistance Systems Market - Growth, Trends, and Forecasts (2017-2022)

  • $ 5000
  • Industry report
  • December 2016
  • by Mordor Intelligence LLP

The global advanced driver assistance systems market was valued at USD 22.69 billion in 2015 and is projected to reach USD 78.19 billion by 2020, at a CAGR of over 28% during the forecast period from ...

Collision Avoidance System Market Analysis By Technology (Radar, Camera, Ultrasound, LiDAR), By Application (ACC, BSD, FCWS, LDWS, And Parking Assistance), By Region And Segment Forecasts, 2014 - 2025

Collision Avoidance System Market Analysis By Technology (Radar, Camera, Ultrasound, LiDAR), By Application (ACC, BSD, FCWS, LDWS, And Parking Assistance), By Region And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • January 2017
  • by Grand View Research

The global collision avoidance system market is expected to reach USD 18.97 billion by 2025, according to a new study conducted by Grand View Research, Inc. The updated ratings of safety agencies and incorporation ...


Download Unlimited Documents from Trusted Public Sources

The future of the Powertrain Industry

  • February 2017
    39 pages
  • Powertrain  

    Automotive  

  • World  

    Europe  

    Asia  

View report >

Software Supply - Forecast

  • February 2017
    9 pages
  • Software  

    Software Develo...  

    Auto Electronic...  

View report >

Powertrain Industry in South Africa and the UK

  • February 2017
    29 pages
  • Powertrain  

  • South Africa  

    United Kingdom  

View report >

Powertrain Markets

2 months ago

Related Market Segments :

Driver Assistance System

ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.