Strategic Overview of Class 6 8 Tire Pressure Monitoring System and Telematics Aftermarket for Commercial Vehicles in North America
Advancements in Telematics and Autonomous Driving Solutions to Create Growth Opportunities
16-Jan-2024
North America
Market Research
This Frost & Sullivan study covers the class 6–8 tire pressure monitoring system (TPMS) and telematics aftermarket for commercial vehicles in North America, including market sizing for 2022 to 2023. The study analyzes the potential synergies and correlations between TPMS sensors and telematics for class 6–8 vehicles. A breakdown of the TPMS and telematics aftermarket by unit shipment, revenue, distribution channel, and price is provided. In addition, the study looks at the competitive environment among top participants, offering key supplier profiles. It analyzes the factors driving and restraining market growth and identifies opportunities for market players and stakeholders to leverage. The base year is 2022, and the study period is from 2022 to 2023.
TPMS sensors have historically had low adoption rates in the class 6–8 segment due to lack of government mandates and high initial costs. However, interest has increased among Tier I suppliers and tire manufacturers looking to utilize TPMS sensors to monitor and gather data on wheel-end and tire health. Furthermore, the data gathered can enable telematics services in providing unique solutions, such as real-time alerts and remote monitoring. Telematics offer an opportunity for these suppliers to create additional customer touch points and new revenue streams. As a result, focus on TPMS sensors is poised to increase during the next few years.
Author: Wallace Lau
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Class 6–8 Tire Pressure Monitoring System (TPMS) and Telematics Aftermarket
Growth Opportunities Fuel the Growth Pipeline Engine™
Research Scope
Key Questions his tudy ill nswer
Key Competitors
Market Definitions
TPMS: Direct and Indirect
TPMS Solution Vs. Chain
TPMS Opportunity Analysis by Application
Growth Drivers
Growth Restraints
TPMS Functionality Roadmap
TPMS Technology Trends
Potential Data Monetization of Value-added Features
TPMS Data Application Enablement
TPMS and Telematics Future Outlook
Key Takeaways
Class 6–8 VIO Size and TPMS Install Base
Class 6–8 VIO Size and Telematics Install Base
TPMS Pricing
Tier I and Independent Aftermarket (IAM) Suppliers: TPMS
Tier I and Independent Aftermarket (IAM) Suppliers: TPMS (continued)
TPMS Tier I and IAM Suppliers: Telematics Offerings
TPMS Tier I and IAM Suppliers: Telematics Offerings (continued)
Goodyear
Tier I and IAM Supplier Telematics Offerings: Adjacent Markets
Tier I and IAM Supplier Telematics Offerings: Adjacent Markets (continued)
Bridgestone Corporation
Goodyear Tire & Rubber Company
Continental AG
PressurePro
P.S.I.
Sensata Technologies
ConMet
Growth Opportunity 1: Connectivity Ecosystem
Growth Opportunity 1: Connectivity Ecosystem (continued)
Growth Opportunity 2: Solution Bundling
Growth Opportunity 2: Solution Bundling (continued)
Growth Opportunity 3: Autonomous Safety Requirements
Growth Opportunity 3: Autonomous Safety Requirements (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
Legal Disclaimer
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Deliverable Type | Market Research |
---|---|
Author | Wallace Lau |
Industries | Automotive |
No Index | No |
Is Prebook | No |
Keyword 1 | tpms monitor |
Keyword 2 | tpms tire pressure monitoring system |
Keyword 3 | aftermarket tire pressure monitoring system |
Podcast | No |
WIP Number | K9BA-01-00-00-00 |