Research and Markets (http://www.researchandmarkets.com/research/psbttn/strategic) has announced the addition of the "Strategic Analysis of the North American Market for Tire Pressure Monitoring Systems 2014-2020" report to their offering.

The purpose of this study is to research, analyze, and forecast the North American market for tire pressure monitoring systems. The study covers the emerging technologies in direct, indirect, and hybrid tire pressure monitoring systems as well as the impact on growth and performance. In addition, the study covers market drivers and restraints. Direct tire pressure monitoring systems currently contribute almost 99.7% of market revenue. The North America tire pressure monitoring system market is predicted to contribute about $1.10 billion in revenue by 2020, at a compound annual growth rate of 0.7%. The forecast period for this research service is 2013 to 2020, with 2012 as the base year.

Key Questions This Study Will Answer

- What is the future scope of the TPMS market in North America? Will TPMS remain a lucrative and potential market in North America? How are intelligent tire systems likely to impact the growth of TPMS?

- What is the importance of TPMS? How would a standard TPMS system contribute to fuel economy and vehicle safety?

- What are the challenges faced in the industry and how can they be overcome?

- Which key OEMs and suppliers are expected to lead the market in the future? What are some of the key market forecasts for revenue and unit shipments?

- What are the benefits, advantages, and disadvantages of different types of TPMS? Which TPMS technology will be more dominant through 2020 and why?

Summary

Key Findings

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

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.

Supplier

- 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.

Key Topics Covered:

1. Executive Summary

2. Research Scope, Objectives, Methodology, and Background

3. Definitions and Segmentation

4. Market Overview

5. Megatrends and Industry Convergence Implications

6. Conclusions and Future Outlook

For more information visit http://www.researchandmarkets.com/research/psbttn/strategic

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Automotive, Automotive Parts, Tyres, Auto Repair