Global and China Tire Pressure Monitoring System (TPMS) Industry Report, 2017-2021 - ResearchAndMarkets.com

DUBLIN--()--The "Global and China Tire Pressure Monitoring System (TPMS) Industry Report, 2017-2021" report has been added to ResearchAndMarkets.com's offering.

According to the requirements of China's mandatory TPMS standard, for M1 auto models, all new certified vehicle must carry TPMS in the Chinese market by 2019 and all vehicles being produced must be compulsorily installed with TPMS in 2020, therefore China will overtake Europe to be the world's largest TPMS market by 2020. Despite a late starter, China has seen gradual increase in the penetration of TPMS and substantial growth in TPMS market for consumers are more demanding on car safety performance. The installation rate of TPMS was about 27.3% and the TPMS OEM market 7.68 million sets or so in 2016.

Theoretical demand was 24.42 million sets in the Chinese TPMS OEM market in 2016 based on the country's output of 24.42 million passenger cars, indicating a huge gap but also broad prospects for development. Propelled by the country's mandatory TPMS standard, the installation rate in the Chinese TPMS OEM market will grow rapidly over the next couple of years, hitting an estimated 74.2% in 2021 on a market size of 23.22 million sets in 2021.

Global TPMS OEM market now is primarily dominated by Schrader, Continental, Pacific, ZF TRW and HUF, the five players holding a combined global market share of nearly 90% by virtue of technological superiority. Schrader, an undisputed bellwether, took an about 54.8% market share worldwide in 2017.

Although there are more than 100 local TPMS enterprises in China, only a dozen ones including Topsystm, Sate Auto Electronic, Shanghai Baolong Automotive and Hamaton Automotive Technology are capable of bulk supply.

For now, the TPMS on JV-branded cars is supplied by multi-national companies represented by Schrader, while local Chinese players gain an upper hand in supply of TPMS on homegrown car brands. However, as Chinese enterprises continue to improve their technologies, the typical company Shanghai Baolong Automotive and some other peers have begun providing TPMS for JV auto brands.

Global and China Tire Pressure Monitoring System (TPMS) Industry Report, 2017-2021 highlights the followings:

  • Global TPMS industry (development environment, status quo, market size/structure, competitive landscape, development in major countries/regions);
  • TPMS industry in China (development environment, status quo of technology/development, market demand, market penetration, market structure, competitive landscape, summary);
  • 8 foreign, 25 Chinese mainland, 6 Taiwanese TPMS vendors and 5 TPMS sensor chip companies.

Key Topics Covered:

1 Overview of TPMS Industry

2 Global TPMS Industry

3 China TPMS Industry

4 Foreign Companies

5 Mainland Chinese Companies

6 Taiwanese Companies

7 Sensor Chip Suppliers

Companies Mentioned

  • Anhui Zhonghong Electronic Technology Co., Ltd.
  • Beijing Sincode Science & Technology Co., Ltd.
  • China Auto Electronics Group Limited (THB Group)
  • Continental
  • Cub Elecparts Inc
  • DIAS Automotive Electronic Systems Co., Ltd.
  • Denso
  • Dongguan Saftire Automotive Safety Technology Co., Ltd.
  • E-Lead Electronic
  • GE
  • Guangdong Hiway Integrated Circuit Technology Co., Ltd.
  • Guangdong LFF Technology Co., Ltd.
  • Hamaton Automotive Technology Co., Ltd.
  • Huizhou Foryou General Electronics Co., Ltd.
  • Infineon
  • Jiangsu Yunyi Electric Co., Ltd
  • Kysonix Inc.
  • LeTu Electronics Co., Ltd.
  • Luhai Holding Corp.
  • Mobiletron
  • NXP
  • Nanjing Top Sun Technology Co., Ltd.
  • Ningbo Fuerda Smartech Co., Ltd
  • Omron
  • Orange Electronic
  • Pacific Industrial
  • PressurePro
  • Sate Auto Electronic Co., Ltd
  • Schrader
  • Shanghai Aero-Care Electronic Technology Co., Ltd.
  • Shanghai Baolong Automotive Corporation
  • Shanghai Topsystm Electronic Technology Co., Ltd.
  • Shenzhen Autel Technology Co., Ltd.
  • Steelmate Co., Ltd.
  • TungThih Electronic
  • VICTON Electronic Technology Co., Ltd.
  • Yangzhou Kooan Electronic Technology Co., Ltd.
  • ZF TRW (Former TRW Automotive)

For more information about this report visit https://www.researchandmarkets.com/research/db4z6j/global_and_china?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Safety

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Safety