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15 Dec 2021  |  Global  |  Market Research

North American and European Tire Pressure Monitoring System Growth Opportunities

Regulations Mandating Safety Assistance Features and the Impact of Connected Tire Telematics Technology Propel Growth

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The tire pressure monitoring system (TPMS) has been a part of vehicles’ active safety assistance features for over a decade because it improves vehicle performance and safety. TPMS is essential to monitor tire condition parameters such as inflation pressure, temperature, tire wear, and vehicle performance parameters (e.g., fuel economy, safety, and...

Vehicle manufacturers are looking at lighting solutions to create an identity for their brands. The LED lighting technology brings more flexibility to design front and rear lighting systems. Demand for these systems is increasing because of the LED solution and the growing awareness among consumers regarding the importance of adaptive lighting solu...