Market Trends of Europe Automotive Tpms Industry
This section covers the major market trends shaping the Europe Automotive TPMS Market according to our research experts:
Direct TPMS is Growing with High Growth Rate
TPMS provides a wide range of advantages, correctly filled tires have lower rolling resistance and suffer lesser tire abrasion, which significantly increases the service life of tires. Secondly, the fuel consumption and thus, emissions of CO2 can be lowered. Thirdly, with shorter braking distances and excellent cornering stability, it offers a comfortable ride.
Air pressure monitoring systems are also offered as direct and indirect systems. Indirect systems help record the data and determine the loss of air pressure due to the wheel's increased speed. While direct systems measure and archive accurate air pressure data using built-in sensors to the valves. Direct systems can detect both slow diffusion losses and rapid pressure losses on a tire. As a result we see Direct systems being accommodated in larger number of vehicles
In February 2019, Continental launched a direct TPMS service tool. With the VDO TPMS Go device, TPMS workshops can program all common universal sensors for cars and read nearly every TPMS sensor on the market. The TPMS Go combines functions established in the VDO TPMS Pro device. With a practical design, it is a suitable supplement to a diagnostic device which is slim and cost-efficient.
Diect TPMS usually finds major applications in the passenger vehicle segment, where tire pressure management is considered to be a critical safety system. The automotive industry has been stepping up on introducing features that aid in minimizing the impact of collisions, reduce fatalities, and improve overall vehicle safety. This, in turn, is fueling the growth of the automotive TPMS market during the forecast period.
Germany Remains the Market Leader in 2019
The EU has long opted for the introduction of tire pressure monitoring systems. With Germany leading the European TPMS market, they aim to reduce fuel consumption and contribute towards improving road safety.
The European Parliament has approved a directive proposal aimed to simplify and change the type of motor vehicles with measures imposing mandatory adoption of technologies in Tyre Pressure Monitoring Systems(TPMS). These changes also need to meet the already existing German Road Safety Council's initiative to tire safety.
As per EU norms, vehicles in categories M1 have to be equipped with an accurate Tyre Pressure Monitoring System capable of giving, when necessary, an in-car warning to the driver when a loss of pressure occurs in any tire. This also improves the optimum fuel consumption and road safety. Appropriate limits in the technical specifications have bee set to achieve a technology-neutral and cost-effective approach in the development of accurate TPMS.
A variety of relevant air pressure tests in Germany and Europe demonstrate that at least 35 % of all motor vehicles in operation have made negative air pressure, which would approximately save 3.1 billion liters of fuel consumed in Europe and with the added benefits of reducing the emission of pollutants.
