Reports
Sale
Africa and Middle East Automotive TPMS Market Size, Trends, Price, Forecast: By Vehicle Type: Passenger Car, Commercial Vehicle; By Type: Direct TPMS, Indirect TPMS; By Sales Channel: OEM, Aftermarket; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Africa and Middle East Automotive TPMS Market Outlook
The Africa and Middle East automotive TPMS market size reached approximately USD 362.28 million in 2023. The market is projected to grow at a CAGR of 10.2% between 2024 and 2032, reaching a value of around USD 868.03 million by 2032.
Key Trends in the Market
Automotive TPMS (Tyre Pressure Monitoring System) is a safety feature found in modern vehicles that is designed to monitor the air pressure in tyres. It provides real-time information about the tyre pressure through sensors installed on each tyre, either inside the tyre itself or attached to the valve stem. It alerts the driver if the pressure drops below or exceeds the recommended levels.
- The Africa and Middle East automotive TPMS market growth is being propelled by the consistent expansion of the automotive sector, characterised by a rise in vehicle production and sales. With an increasing number of vehicles being manufactured and sold with TPMS as a standard or optional feature, there has been a corresponding surge in the demand for automotive TPMS systems.
- The rising consumer awareness regarding road safety and the crucial role of maintaining proper tyre pressure for safe driving act as significant factors aiding the Africa and Middle East automotive TPMS market demand. Consequently, an increasing number of car owners are actively seeking vehicles equipped with TPMS to enhance safety while driving on the roads.
- Notable advancements in TPMS technology by manufacturers and original equipment manufacturers (OEMs), along with the development of environmentally friendly technologies for advanced and sustainable solutions, is one of the primary Africa and Middle East automotive TPMS market trends.
Market Analysis
Based on vehicle type, the market is segmented into passenger car and commercial vehicle. On the basis of type, the market can be bifurcated into direct TPMS and indirect TPMS. The Africa and Middle East automotive TPMS market segmentation, based on sales channel, includes OEM and aftermarket. The major regional markets for automotive TPMS are Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Africa and Middle East automotive TPMS market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- DENSO Corporation
- Robert Bosch GmbH
- PressurePro
- Hella KGaA Hueck and Co.
- Continental AG
- Steelmate Co. Ltd
- 4x4 Wholesalers Africa (PTY) Ltd.
- Tyre Car
- Cawe Technologies (Pty) Ltd.
- TyreGuard
- Others
Market Share by Type
According to the Africa and Middle East automotive TPMS market analysis, direct TPMS is likely to register a high growth rate during the forecast period. Direct TPMS is recognised as a crucial safety system for managing tyre pressure. In line with the automotive sector's commitment to introducing features that mitigate collision impact, decrease fatalities, and enhance overall vehicle safety, the demand for automotive TPMS systems is expected to rise during the forecast period.
Market Share by Region
The United Arab Emirates (UAE) and Saudi Arabia are expected to hold significant portions of the Africa and Middle East automotive TPMS market shares, primarily due to their heightened recognition of risks associated with tyre blowouts and government initiatives to mitigate such risks. These countries have shown a strong commitment to enhancing road safety and reducing accidents caused by improper tyre pressure.
Competitive Landscape
DENSO Corporation is a prominent global automotive component manufacturer with its headquarters situated in Aichi, Japan. Renowned as a leading supplier, DENSO specialises in the provision of advanced automotive technology, cutting-edge systems, and high-quality components. Established in 1949 under the name Nippon Denso Co., Ltd., the company has steadily risen to prominence, solidifying its position as a key player within the automotive sector.
Robert Bosch GmbH stands as a multinational engineering and technology corporation situated in Gerlingen, Germany. Its establishment dates to 1886 under the guidance of founder Robert Bosch. Over the years, Bosch has emerged as a leading global provider of cutting-edge automotive components and advanced industrial technology, solidifying its position among the industry's giants.
PressurePro is a reputable and long-standing enterprise that specialises in the development and manufacturing of cutting-edge tyre pressure monitoring systems (TPMS) tailored for a multitude of applications. Leveraging its robust foothold in the automotive sector, PressurePro delivers ingenious solutions for efficient tyre pressure monitoring and management.
Other Africa and Middle East automotive TPMS market players include Hella KGaA Hueck and Co., Continental AG, Steelmate Co. Ltd, 4x4 Wholesalers Africa (PTY) Ltd., Tyre Car, Cawe Technologies (Pty) Ltd., and TyreGuard, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Vehicle Type |
|
| Breakup by Type |
|
| Breakup by Sales Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Automotive TPMS Market Overview
8.1 Key Industry Highlights
8.2 Global Automotive TPMS Historical Market (2018-2023)
8.3 Global Automotive TPMS Market Forecast (2024-2032)
8.4 Global Automotive TPMS Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Africa and Middle East
9 Africa and Middle East Automotive TPMS Market Overview
9.1 Key Industry Highlights
9.2 Africa and Middle East Automotive TPMS Historical Market (2018-2023)
9.3 Africa and Middle East Automotive TPMS Market Forecast (2024-2032)
10 Africa and Middle East Automotive TPMS Market by Vehicle Type
10.1 Passenger Car
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial Vehicle
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Africa and Middle East Automotive TPMS Market by Type
11.1 Direct TPMS
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Indirect TPMS
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Africa and Middle East Automotive TPMS Market by Sales Channel
12.1 OEM
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Aftermarket
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Africa and Middle East Automotive TPMS Market by Country
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 DENSO Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Robert Bosch GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 PressurePro
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Hella KGaA Hueck and Co.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Continental AG
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Steelmate Co. Ltd
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 4x4 Wholesalers Africa(PTY) Ltd.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Tyre Care
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Cawe Technologies (Pty) Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 TireGuard
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive TPMS Market: Key Industry Highlights, 2018 and 2032
2. Africa and Middle East Automotive TPMS Market: Key Industry Highlights, 2018 and 2032
3. Africa and Middle East Automotive TPMS Historical Market: Breakup by Vehicle Type (USD Million), 2018-2023
4. Africa and Middle East Automotive TPMS Market Forecast: Breakup by Vehicle Type (USD Million), 2024-2032
5. Africa and Middle East Automotive TPMS Historical Market: Breakup by Type (USD Million), 2018-2023
6. Africa and Middle East Automotive TPMS Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Africa and Middle East Automotive TPMS Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
8. Africa and Middle East Automotive TPMS Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
9. Africa and Middle East Automotive TPMS Historical Market: Breakup by Country (USD Million), 2018-2023
10. Africa and Middle East Automotive TPMS Market Forecast: Breakup by Country (USD Million), 2024-2032
11. Africa and Middle East Automotive TPMS Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 362.28 million.
The market is projected to grow at a CAGR of 10.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 868.03 million by 2032.
The market is driven by the rising awareness about road safety and the rapid expansion of the automotive sector in the region.
The major trends in the market include rising technological advancements and growing concerns regarding tyre blowouts.
The major regional markets include Saudi Arabia, the United Arab Emirates, Nigeria, and South Africa, among others.
The different vehicle types included in the market report are passenger car and commercial vehicle.
The key players in the market include DENSO Corporation, Robert Bosch GmbH, PressurePro, Hella KGaA Hueck and Co., Continental AG, Steelmate Co. Ltd, 4x4 Wholesalers Africa (PTY) Ltd., Tyre Care, Cawe Technologies (Pty) Ltd., and TyreGuard, among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER