According to the report by Expert Market Research (EMR), the Africa and Middle East automotive TPMS market size is projected to grow at a CAGR of 10.3% between 2024 and 2032. Aided by rising consumer awareness regarding road safety and consistent expansion of the automotive sector, the market is expected to grow significantly by 2032.
The Tire Pressure Monitoring System (TPMS) is an advanced technology widely used in vehicles to monitor the air pressure inside the tires. It alerts the driver when the tire pressure is significantly under-inflated or over-inflated. This system is essential as incorrect tire pressure can lead to poor grip, increased tire wear, and blowouts, which can subsequently lead to severe accidents.
The escalating concerns regarding road safety and increasing traffic accidents due to tire failures are significant factors driving the Africa and Middle East automotive TPMS market growth. Governments and regulatory bodies are increasingly stressing the need for enhanced vehicle safety, leading to stricter regulations requiring the installation of TPMS in new vehicles.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/africa-and-middle-east-automotive-tpms-market/requestsample
Additionally, correctly inflated tires contribute to fuel efficiency and reduce carbon emissions, aligning with the growing global and regional emphasis on energy efficiency and environmental protection.
Within the Middle East, nations such as the UAE and Saudi Arabia are expected to be significant contributors to the Africa and Middle East automotive TPMS market expansion due to their substantial automotive sectors. In Africa, countries like South Africa, Egypt, and Nigeria are anticipated to lead the market, thanks to growing automotive sales and increasing awareness of vehicle safety.
As per the Africa and Middle East automotive TPMS market analysis, the market is increasingly competitive, featuring a mix of global and regional players. The key players focus on R&D, strategic partnerships, and launching new products to sustain and enhance their market positions.
With the advancement in technology, TPMS is expected to become more sophisticated, offering real-time data and integrating with other vehicle systems for enhanced safety and performance. As connected and autonomous vehicles gain traction, TPMS is expected to play a critical role in vehicle safety systems. Moreover, as regulations continue to evolve and possibly mandate the adoption of TPMS in various countries in Africa and the Middle East, significant growth is expected.
Africa and Middle East Automotive TPMS Market Segmentation
The market can be divided based on vehicle type, type, sales channel, and country.
Market Breakup by Vehicle Type
- Passenger Car
- Commercial Vehicle
Market Breakup by Type
- Direct TPMS
- Indirect TPMS
Market Breakup by Sales Channel
Market Breakup by Country
- Saudi Arabia
- United Arab Emirates
- South Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/africa-and-middle-east-automotive-tpms-market
Competitive Landscape of Africa and Middle East Automotive TPMS Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Africa and Middle East automotive TPMS market. Some of the major players explored in the report by Expert Market Research are as follows:
- DENSO Corporation
- Robert Bosch GmbH
- Hella KGaA Hueck and Co.
- Continental AG
- Steelmate Co. Ltd
- 4×4 Wholesalers Africa (PTY) Ltd.
- Tyre Care
- Cawe Technologies (Pty) Ltd.
Read More Articles
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.
Don’t miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.
Company Name: Claight Corporation
Contact Person: Tom Anderson, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA