DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rcm5pr/europe_automotive) has announced the addition of the "Europe Automotive TPMS Market - Forecasts and Trends (2015 - 2020)" report to their offering.
The Europe Automotive TPMS market is poised to grow at a CAGR of 16.77% over the forecasted period. The market from the Europe region is expected to witness a significant hold in the global automotive TPMS market by the end of 2020. Europe is the second largest market for tire pressure monitoring system.
Factors such as adoption of stringent safety and fuel-efficiency regulations by governments/agencies in the European countries is helping to accelerate the demand of automotive TPMS system significantly in many European countries. Tire blowouts because of under-inflated and over-inflated tires result in accidents and human fatalities. EU legislation has strict rules and norms to ensure vehicular safety and thereby has a mandate to keep a TPMS in the newly installed vehicle which would start alerting the driver from a tire pressure of 7KPa and not 15KPa which was proposed previously.
This has made Governments and agencies across the various countries to incorporate and amend vehicle safety regulations accordingly. The demand for fuel-efficient vehicles and vehicles with reduced harmful emissions from the European countries would help to drive the automotive TPMS market in the region.
Companies Mentioned:
- Continental
- Pacific Industrial
- Schrader Electronics
- Alligator Ventilfabrik Gmbh
- Advantage Pressurepro Enterprises Inc.
- Alps Electric Co. Ltd.
- Bartec Group
- Bendix Commercial Vehicle Systems Llc
- Delphi Automotive Llp
- Dill Air Control Products
- Freescale Semiconductor
- Doran Manufacturing Llc
- Hella Kgaa Hueck & Co
- Huf Electronics Bretten Gmbh
- Transense Technologies Plc
- Zf Trw
- Valeo
- Valor Tpms
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Key Inferences
5. Market Overview And Technology Trends
6. Europe Automotive TPMS Market, By Type
7. Europe Automotive TPMS Market, By End User Segment
8. Europe Automotive TPMS Market, By Vehicle Type
9. Europe Automotive TPMS Market- By Geography - Country Share And Forecasts
10. Competitive Landscape
11. Key Vendor Analysis
12. Future Outlook Of The Market
For more information visit http://www.researchandmarkets.com/research/rcm5pr/europe_automotive
