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The Africa and Middle East automotive TPMS market size reached approximately USD 362.28 million in 2023. The market is projected to grow at a CAGR of 10.2% between 2024 and 2032, reaching a value of around USD 868.03 million by 2032.
Automotive TPMS (Tyre Pressure Monitoring System) is a safety feature found in modern vehicles that is designed to monitor the air pressure in tyres. It provides real-time information about the tyre pressure through sensors installed on each tyre, either inside the tyre itself or attached to the valve stem. It alerts the driver if the pressure drops below or exceeds the recommended levels.
Based on vehicle type, the market is segmented into passenger car and commercial vehicle. On the basis of type, the market can be bifurcated into direct TPMS and indirect TPMS. The Africa and Middle East automotive TPMS market segmentation, based on sales channel, includes OEM and aftermarket. The major regional markets for automotive TPMS are Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Africa and Middle East automotive TPMS market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
According to the Africa and Middle East automotive TPMS market analysis, direct TPMS is likely to register a high growth rate during the forecast period. Direct TPMS is recognised as a crucial safety system for managing tyre pressure. In line with the automotive sector's commitment to introducing features that mitigate collision impact, decrease fatalities, and enhance overall vehicle safety, the demand for automotive TPMS systems is expected to rise during the forecast period.
The United Arab Emirates (UAE) and Saudi Arabia are expected to hold significant portions of the Africa and Middle East automotive TPMS market shares, primarily due to their heightened recognition of risks associated with tyre blowouts and government initiatives to mitigate such risks. These countries have shown a strong commitment to enhancing road safety and reducing accidents caused by improper tyre pressure.
DENSO Corporation is a prominent global automotive component manufacturer with its headquarters situated in Aichi, Japan. Renowned as a leading supplier, DENSO specialises in the provision of advanced automotive technology, cutting-edge systems, and high-quality components. Established in 1949 under the name Nippon Denso Co., Ltd., the company has steadily risen to prominence, solidifying its position as a key player within the automotive sector.
Robert Bosch GmbH stands as a multinational engineering and technology corporation situated in Gerlingen, Germany. Its establishment dates to 1886 under the guidance of founder Robert Bosch. Over the years, Bosch has emerged as a leading global provider of cutting-edge automotive components and advanced industrial technology, solidifying its position among the industry's giants.
PressurePro is a reputable and long-standing enterprise that specialises in the development and manufacturing of cutting-edge tyre pressure monitoring systems (TPMS) tailored for a multitude of applications. Leveraging its robust foothold in the automotive sector, PressurePro delivers ingenious solutions for efficient tyre pressure monitoring and management.
Other Africa and Middle East automotive TPMS market players include Hella KGaA Hueck and Co., Continental AG, Steelmate Co. Ltd, 4x4 Wholesalers Africa (PTY) Ltd., Tyre Car, Cawe Technologies (Pty) Ltd., and TyreGuard, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Vehicle Type |
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Breakup by Type |
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Breakup by Sales Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 362.28 million.
The market is projected to grow at a CAGR of 10.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 868.03 million by 2032.
The market is driven by the rising awareness about road safety and the rapid expansion of the automotive sector in the region.
The major trends in the market include rising technological advancements and growing concerns regarding tyre blowouts.
The major regional markets include Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The different vehicle types included in the market report are passenger car and commercial vehicle.
The key players in the market include DENSO Corporation, Robert Bosch GmbH, PressurePro, Hella KGaA Hueck and Co., Continental AG, Steelmate Co. Ltd, 4x4 Wholesalers Africa (PTY) Ltd., Tyre Care, Cawe Technologies (Pty) Ltd., and TyreGuard, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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