Albany, TN, December 21, 2012 --(PR.com
)-- TechNavio's analysts forecast the Global Tire Pressure Monitoring System market to grow at a CAGR of 6.69 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing number of passenger safety initiatives by governments across the globe. The Global Tire Pressure Monitoring System market has also been witnessing the increasing adoption of direct tire pressure monitoring systems. However, a few product-related issues could pose a challenge to the growth of this market.
TechNavio's report, the Global Tire Pressure Monitoring System Market 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Tire Pressure Monitoring System market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Schrader Electronics Ltd., Continental AG, TRW Automotive Holdings Corp., and Pacific Industrial Co. Ltd.
The other vendors mentioned in the report are Lear Corp., BorgWarner BERU Systems GmbH, Robert Bosch GmbH, Alps Electric Co. Ltd., and Delphi Automotive LLP.
Key questions answered in this report:
What will the market size be in 2015 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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