Global Tire Pressure Monitoring System (TPMS) Battery Market Trajectory & Analytics Report 2020: Market to Reach US$765.6 Million by the Year 2027 - ResearchAndMarkets.com

DUBLIN--()--The "TPMS Battery - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for TPMS Battery estimated at US$483.7 Million in the year 2020, is projected to reach a revised size of US$765.6 Million by 2027, growing at a CAGR of 6.8% over the period 2020-2027.

CR Type Battery, one of the segments analyzed in the report, is projected to grow at a 6.7% CAGR to reach US$694.9 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the BR Type Battery segment is readjusted to a revised 7.8% CAGR for the next 7-year period. This segment currently accounts for a 8.7% share of the global TPMS Battery market.

The U. S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 6.4% CAGR for the Period of 2020-2027

The TPMS Battery market in the U. S. is estimated at US$142.9 Million in the year 2020. The country currently accounts for a 29.53% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$134.2 Million in the year 2027 trailing a CAGR of 6.4% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.3% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.6% CAGR while Rest of European market (as defined in the study) will reach US$134.2 Million by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • BE-Power GmbH
  • Duracell, Inc.
  • EVE Energy Co., Ltd.
  • Maxell Holdings Ltd.
  • Murata Manufacturing Co., Ltd.
  • Renata SA
  • Shenzhen PKCELL Battery Co., Ltd.
  • Suzhou South Large Battery Co. Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impact of Covid-19 and a Looming Global Recession
  • Global Competitor Market Shares
  • TPMS Battery Competitor Market Share Scenario Worldwide (in %): 2018E

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • World Current & Future Analysis for TPMS Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027
  • World Historic Review for TPMS Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017
  • World 15-Year Perspective for TPMS Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2018 & 2027
  • World Current & Future Analysis for CR Type Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027
  • World Historic Review for CR Type Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017
  • World 15-Year Perspective for CR Type Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027
  • World Current & Future Analysis for BR Type Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2018 through 2027
  • World Historic Review for BR Type Battery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2017
  • World 15-Year Perspective for BR Type Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2018 & 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 65

For more information about this report visit https://www.researchandmarkets.com/r/1rgqf6

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press 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