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Tire Pressure Monitoring System Market Research Report-Forecast to 2023

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Rishikesh Kurane
Tire Pressure Monitoring System Market Research Report-Forecast to 2023

Global Tire-Pressure Monitoring System Market, By Technology (Direct TPMS and Indirect TPMS), by Vehicle Type (Passenger vehicles, Light Commercial vehicles and Heavy Commercial vehicles), by Sales Channel (OEM, Aftermarket) and region - Forecast 2023

Synopsis of Tire-Pressure Monitoring System Market

Tire pressure monitoring system refers to an electronic system used for monitoring the air pressure and temperature of vehicle’s tire in real time and alerting the driver using an alarm and displaying the real time pressure and temperature on a LCD.

A reduction in the pressure of an automobile tire results in decreased tire life, mileage, safety, and vehicle performance.

The major advantages of introducing such systems are that they improve convenience during driving and help reduce the number of accidents.

These factors are expected to increase the focus of the customers for adoption of advanced safety systems such as tire pressure indicators, anti-brake systems, and electronic stability control in the vehicles.

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Rishikesh Kurane
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