TPMS Battery Market Scope
The tire pressure monitoring system (TPMS) uses radio frequency (RF) technology to transmit measured tire pressure and sometimes temperature readings to a vehicle's on-board electronic control unit (ECU). Tire pressure monitoring sensors are usually powered by a 3-volt lithium-ion battery. Some TPMS sensors use a 1.250-volt nickel-metal hydride battery. The battery is encased in the sensor's molded plastic housing. A battery that is running low on or is depleted requires the replacement of the ENTIRE TPMS sensor assembly.
The market study is being classified by Type (CR Type Battery and BR Type Battery), by Application (OEM and Aftermarket) and major geographies with country level break-up.
Research Analyst at AMA predicts that Global Vendors will contribute to the maximum growth of Global TPMS Battery market throughout the predicted period.
Murata Manufacturing Co., Ltd. (Japan), Panasonic Corporation (Japan), Maxell Holdings, Ltd (Japan), Duracell Inc (United States), The Swatch Group Ltd (Switzerland), BE-POWER GmbH (Germany), EVE Energy Co., Ltd. (China) and Guangzhou Maisheng Energy Technology Co Ltd (China) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global TPMS Battery market by Type, Application and Region.
On the basis of geography, the market of TPMS Battery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
From the 20th June 2019, a malfunction tyre pressure monitoring system (TPMS) will no longer be considered a minor defect, but a major. This means that a vehicle will fail the MOT if its TPMS is not functioning properly.
On the 17th June 2019, the Driver and Vehicle Standards Agency (DVSA) announced changes to the MOT inspection manual for cars and passenger vehicles. Among many changes, one has certainly raised a few alarm bells as garages and MOT centers will be expected to meet new demands in order for a vehicle to pass its annual MOT.
- Increasing Adaptation of Automotive Safety System
- Growing Regulation for Installation of TPMS in Developing Countries
- Rising Production of Vehicles Globally
- Growing Automotive Industry in Emerging Countries
- Low Adoption Rate due to Government Stringent Regulation
- Lack of Awareness in Underdeveloped Nations
Key Target Audience
TPMS Battery Manufactures, TPMS Battery Suppliers/Distributors, Raw Material Suppliers, Potential Investors, Automobile Industry and Research and Development Organization
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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