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Global Motorcycle Tire Pressure Management System (MTPMS) Market 2017-2021

Global Motorcycle Tire Pressure Management System (MTPMS) Market 2017-2021

About Motorcycle Tire Pressure Management System (MTPMS)

Motorcycle TPMS technology lets the rider obtain real-time information about the state of the tire, its pressure, temperature, and other vital information to ensure safety and efficiency of the ride. The motorcycle's tire valve stems are fitted with sensors, and a display device is mounted on the motorcycle dashboard, which displays the information.

Technavio’s analysts forecast the global motorcycle tire pressure management system (MTPMS) market to grow at a CAGR of 29.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global motorcycle tire pressure management system (MTPMS)market for 2017-2021. To calculate the market size, the report considers the unit shipments of MTPM systems.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Motorcycle Tire Pressure Management System (MTPMS)Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Schrader International
  • Salutica Bernad (FOBO)
  • Orange Electronic
  • Doran Manufacturing
  • Garmin
Other prominent vendors
  • Steelmate
  • HawksHead Systems
  • LDL Technology
  • TireTraker™ TPMS
  • CUB ELECPARTS
  • Tire-SafeGaurd (HCI)
  • Inovex Industries
  • Sate Auto Electronic
  • ASPIRIT ENTERPRISE Precision Technology
  • Bartec USA
Market driver
  • TPMS reduces maintenance cost of motorcycle
  • For a full, detailed list, view our report
Market challenge
  • Low availability of retrofit TPMS in emerging economies
  • For a full, detailed list, view our report
Market trend
  • Development of powerful MEMS sensors and SMI for accuracy and precision
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Motorcycle Tire Pressure Management System (MTPMS)Market 2017-2021

Technavio recognizes the following companies as the key players in the global motorcycle tire pressure management system (MTPMS)market: Schrader International, Salutica Bernad (FOBO), Orange Electronic, Doran Manufacturing, and Garmin.

Other Prominent Vendors in the market are: Steelmate, HawksHead Systems, LDL Technology, TireTraker™ TPMS, CUB ELECPARTS, Tire-SafeGaurd (HCI), Inovex Industries, Sate Auto Electronic, ASPIRIT ENTERPRISE Precision Technology, and Bartec USA.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is development of powerful mems sensors and SMI for accuracy and precision. Sensor technology has played a crucial role in the design and development of ADAS systems, as they form a fundamental part of the systems. Sensors and processors are the primary system components that monitor and process the vehicle data. Few automotive players are working on new tire pressure monitoring technologies, which include the use of MEMS sensors that are designed to accurately measure the pressure as well as the temperature in the tire.”

According to the report, one of the major drivers for this market is TPMS reduces maintenance cost of motorcycle. TPMS continuously monitors tire pressure and constantly notifies the rider. It has been found out that TPMS-fitted tire can result in fuel efficiency of 1.4% on an average depending upon the duration of travel and vehicle type. Considering current fuel costs of $3 to $10 per gallon in countries like the US, Europe, and China, a minimum of $900 is saved for a 1,00,000-mile drive.

Further, the report states that one of the major factors hindering the growth of this market is low availability of retrofit TPMS in emerging economies. With rapid technological advances in the global TPMS market and the implementation of stern governmental safety regulations, automotive sensor OEMs are developing TPMSs and batteries so that they have extended life and thus, reduce the need for continuous replacement.

Companies Mentioned

Schrader International, Salutica Bernad (FOBO), Orange Electronic, Doran Manufacturing, Garmin, Steelmate, HawksHead Systems, LDL Technology, TireTraker™ TPMS, CUB ELECPARTS, Tire-SafeGaurd (HCI), Inovex Industries, Sate Auto Electronic, ASPIRIT ENTERPRISE Precision Technology, and Bartec USA.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Regulatory framework
      • Table Regulations encouraging TPMS adoption across the globe
    • Value chain analysis
      • Table Value chain representation of global motorcycle TPMS market
    • Product life cycle
      • Table Product life cycle positioning of MTPMS market in 2016 and 2021
  • Market landscape
    • Market overview
      • Table Segmentation of global MTPMS market
    • Market size and forecast
      • Table Global MTPMS market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global MTPMS market segmentation by end-user
      • Table Global MTPMS market segmentation by end-users 2016 and 2021
      • Table Number of MTPMS in OEMs and aftermarket 2016-2021 (millions of units)
    • Global motorcycle TPMS market by OEMs
      • Table Global motorcycle TPMS market by OEMs 2016-2021 (millions of units)
    • Global MTPMS market by aftermarket
      • Table Global MTPMS market by aftermarket 2016-2021 (millions of units)
  • Geographical segmentation
    • Global MTPMS market segmentation by geography
      • Table Global MTPMS market segmentation by geography 2016 and 2021
      • Table Global MTPMS market segmentation by geography 2016-2021 (millions of units)
    • MTPMS market in APAC
      • Table MTPMS market in APAC 2016-2021 (millions of units)
    • MTPMS market in EMEA
      • Table MTPMS market in EMEA 2016-2021 (millions of units)
    • MTPMS market in Americas
      • Table MTPMS market in Americas 2016-2021 (millions of units)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive benchmarking
      • Table Global MTPMS vendors
    • Other prominent vendors
      • Table Other prominent vendors of motorcycle TPMS
  • Key vendor analysis
    • Table Product portfolio of Schrader International
    • Table Schrader International: Key developments
    • Table Product portfolio of FOBO
    • Table Salutic Berhad (FOBO): Key developments
    • Table Product portfolio: Orange Electronic
    • Table Orange Electronic: Key developments
    • Table Product portfolio: Doran Manufacturing
    • Table Doran Manufacturing: Key developments
    • Table Product portfolio: Garmin
    • Table Garmin: Key developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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