TPMS Market Estimated to Increase by a Significant Amount

The TPMS market is estimated to increase by a significant amount by 2018. In 2011, the TPMS market was valued at $111.7 million. By 2018, the market is estimated to have a value of $386.6 million. The 246% increase is partly due supportive legislation of the tire pressure monitoring sensor by European nations. 

To learn more about the study conducted by Frost & Sullivan, please click here. 

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