Japan Car Tire Pressure Monitoring Sensor Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 1.0 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The Japan Car Tire Pressure Monitoring Sensor Market has witnessed significant growth in recent years, driven by the increasing demand for advanced safety features in vehicles. The rising need for automotive safety, combined with stringent regulations concerning vehicle safety standards, has led to a surge in the adoption of tire pressure monitoring systems (TPMS) across Japan. TPMS sensors are critical components that monitor the air pressure in tires and alert drivers when a tire is underinflated, potentially preventing accidents and ensuring optimal vehicle performance.
The market for Car Tire Pressure Monitoring Sensors in Japan can be segmented into two primary types: direct TPMS and indirect TPMS. Direct TPMS uses sensors embedded in the tire to measure air pressure and send real-time data to the vehicle’s onboard computer. On the other hand, indirect TPMS measures tire pressure by monitoring the rotation speed of the tires through the vehicle’s ABS system, providing estimates based on wheel speed discrepancies. While direct TPMS offers more accurate readings and is preferred by most new vehicles, indirect TPMS is often more cost-effective and used in older car models.
From an industry perspective, the demand for Car Tire Pressure Monitoring Sensors is not only fueled by safety concerns but also by the automotive sector’s push towards more fuel-efficient vehicles. Proper tire inflation helps to maximize fuel efficiency, and sensors play a vital role in this optimization. Furthermore, the growing popularity of electric vehicles (EVs) in Japan also contributes to the increased need for tire pressure sensors, as maintaining tire pressure is crucial for extending battery life and vehicle range.
Automotive manufacturers are continuously investing in enhancing the functionality and durability of TPMS sensors. This is in response to evolving consumer expectations and the push for environmentally sustainable technologies. The integration of these sensors with other smart vehicle technologies, such as autonomous driving and vehicle-to-vehicle communication systems, has also spurred market innovation in Japan.
With the Japanese government's commitment to improving vehicle safety and reducing carbon emissions, the Car Tire Pressure Monitoring Sensor Market is expected to experience steady growth. The combination of regulatory support, technological advancements, and growing consumer awareness positions Japan as a significant player in the global tire pressure monitoring sensor market.
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Schrader(Sensata)
Continental
ZF Group
Pacific Industrial
Huf Hulsbeck & Furst
Baolong Automotive
Bendix
Denso
NIRA Dynamics
CUB Elecparts
Steelmate
DIAS
Orange Electronic
ACDelco
Nanjing Taisheng Technology Industrial
Duralast
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Car Tire Pressure Monitoring Sensor Market
Direct TPMS
Indirect TPMS
Pressure Sensors
Temperature Sensors
Control Modules
Transmitters
Receivers
Passenger Cars
Commercial Vehicles
Electric Vehicles
SUVs
Wired TPMS
Wireless TPMS
OEM (Original Equipment Manufacturer)
Aftermarket
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Car Tire Pressure Monitoring Sensor Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Car Tire Pressure Monitoring Sensor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Car Tire Pressure Monitoring Sensor Market, By Type
6. Japan Car Tire Pressure Monitoring Sensor Market, By Application
7. Japan Car Tire Pressure Monitoring Sensor Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Car Tire Pressure Monitoring Sensor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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