DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/x442fq/china_tire) has announced the addition of the "China Tire Pressure Monitoring System (TPMS) Industry Report, 2013" report to their offering.
In 2012, the scale of China's tire pressure monitoring system (TPMS) market was CNY 1.4 billion, and this number is expected to exceed CNY 1.5 billion in 2013. Although China's TPMS market has maintained rapid growth in recent years, the market scale is still relatively small compared with other automotive electronics products (such as EMS, ABS, automotive audio, airbags and auto instruments), and this industry is still in the initial stage of development.
As of 2012, there were nearly 200 TPMS manufacturers in China, but the technology level was uneven, only a few manufacturers, such as Baolong, Kysonix, Top Sun, State and Taihao could achieve mass production. In addition to TPMS, most of the enterprises also produce reversing radars, GPS navigations, alarms, central locking systems and a series of automotive electronics products. The corporate strength, scale, and technology level are in different levels; most of the enterprises rely on the foreign TPMS development platforms and production lines to carry out production. Less than 20% of the enterprises own independent design and production capacity and few of them have ability to achieve mass production.
At present, the domestic TPMS assembly rate was only 9.65% in 2012 and is still very low. China's TPMS market capacity was 340,000 units in 2006 and it increased to 1.86 million units by 2012, reaching an average annual growth rate of 27.5%.
The continuous development of China's auto industry and the gradual strengthening of residents' safety awareness, together with the mandatory policies in the future, will drive growth in the TPMS market. In H2 of 2013, the growth rate of auto market will be lower than the growth rate in H1, but the overall market will still maintain a steady growth. The 2013 assembly rate will be higher than the previous year, and it is expected to exceed 10%.
Key Topics Covered:
1. Brief Introduction of TPMS
2. Development Situation of Global TPMS Industry
3. Environment of China's TPMS Industry
4. Status Quo of China's TPMS Industry
5. Economic Operation of Main Downstream Application Industries
6. Analysis of TPMS Market
7. Main Enterprises in China's TPMS Industry
7.1 Shanghai Baolong Automotive Corporation
7.2 Nanjing Top Sun Technology Co., Ltd.
7.3 State Auto Electronic Co., Ltd.
7.4 Shanghai Taihao Electronic Technology Co., Ltd.
7.5 Kysonix Inc.
8. Technology Development of TPMS Industry
9. Future Development Trend of China's TPMS Industry
10. Investment Suggestions from the Industrial Experts
For more information visit http://www.researchandmarkets.com/research/x442fq/china_tire