EV TIRE PRESSURE MONITORING SYSTEM MARKET

INTRODUCTION

The air pressure in a vehicle's pneumatic tyres is monitored by a tire-pressure monitoring system. Using a gauge, a pictogram display, or a straightforward low-pressure warning light, a TPMS provides the driver with real-time tire-pressure information.There are two main categories of TPMS: direct and indirect.TPMS are fitted either during the manufacturing process or after the car has been driven. With early detection of a hazardous state of the tyres, a TPMS aims to prevent road accidents, poor fuel efficiency, and increased tyre wear caused by under-inflated tyres.

This feature originally debuted in high-end automobiles. It has become necessary to implement at least some basic TPMS requirements for run-flat tyres due to the introduction of emergency spare tyres and run-flat tyres by a number of tyre and vehicle manufacturers. Because a driver using run-flat tyres is unlikely to realise when a tyre is running flat, so-called "run-flat warning systems" were developed. These are typically first-generation, solely roll-radius based iTPMS that make sure run-flat tyres are not used past their 80 km/h or 80 km driving range restrictions.

The iTPMS market has also advanced. Using the combined use of roll radius and spectrum analysis, indirect TPMS are able to detect under-inflation, making four-wheel monitoring possible. With this development, iTPMS can also be used to comply with the law.

EV TIRE PRESSURE MONITORING SYSTEM MARKETSIZE AND FORECAST

The Global EV Tire pressure monitoring system market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

EV TIRE PRESSURE MONITORING SYSTEM MARKET INDUSTRY OUTLOOK

1. The global EV Market grew by 35% to 14.1 million units in 2023 with China and Europe dominating the market.
2. Increase in the scale of battery manufacturing will lead to growth for the EV industry along with the experience and improved understanding of battery safety and management. This has resulted in improved range, safety of EVs and trust from the customer, which will result in better sales till 2030 and beyond.  
3. Tier 1 suppliers are improving their electrification supply chain in hardware, i.e. components, and software. This has resulted in capital allocation and new research center developments for electrification which will lead to improved hardware for electrified components.
4. There is an increase in investment from Tier 1 suppliers to increase the scale of manufacturing of components.
5. 70.4% of the market were BEVs and this trend is expected to be continue till 2030 across the globe.

EV TIRE PRESSURE MONITORING SYSTEM MARKETNEW PRODUCT LAUNCH

For Ather 450X, Ather Energy has unveiled a tyre pressure monitoring system. New system will be introduced by EV manufacturer. A TPMS is launched to monitor the air pressure in a vehicle's tyres, as its name suggests. The reason why most individuals don't pay much attention to their car's tyre pressure is likely because doing so requires a trip to a petrol station, a visit to a business that fixes punctures in tyres, or the purchase of a tyre pressure gauge.

And a TPMS will be useful in these situations. The ability to show real-time tyre pressure is a useful function to have. Starting in October, owners of the Ather 450X electric scooter will be able to take use of a TPMS. It will be offered as an add-on.

Ather Energy has not yet provided any additional information in this regard. It contains a 2.9 kWh lithium-ion battery that powers a 6 kW/26 Nm electric motor. Four riding modes, including Eco, Ride, Sport, and a high-performance "Warp" mode, are included with the electric scooter. The Ather 450X is the fastest electric scooter since it can accelerate from a standstill to 40 km/h in warp mode in under 3.3 seconds. 

EV TIRE PRESSURE MONITORING SYSTEM MARKETCOMPANY PROFILE

• Ather
• Delphi Automobile
• The DENSO Corporation
• ZF TRW
•  Continental AG

EV TIRE PRESSURE MONITORING SYSTEM MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many EV Tire pressure monitoring system are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global EV Tire pressure monitoring system and key vendor selection criteria
3. Where is the EV Tire pressure monitoring system manufactured? What is the average margin per unit?
4. Market share of Global EV Tire pressure monitoring system market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global EV Tire pressure monitoring system in-house
6. key predictions for next 5 years in Global EV Tire pressure monitoring system market
7. Average B-2-B EV Tire pressure monitoring system market price in all segments
8. Latest trends in EV Tire pressure monitoring system market, by every market segment
9. The market size (both volume and value) of the EV Tire pressure monitoring system market in 2024-2030 and every year in between?
10. Production breakup of EV Tire pressure monitoring system market, by suppliers and their OEM relationship