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Africa and Middle East Automotive TPMS Market Report and Forecast 2024-2032

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    Report

  • 166 Pages
  • November 2023
  • Region: Africa, Middle East
  • Expert Market Research
  • ID: 5912674
According to the report, the Africa and Middle East automotive TPMS market 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.

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.

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

  • OEM
  • Aftermarket

Market Breakup by Country

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Competitive Landscape

The 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 are as follows:
  • 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.
  • TireGuard
  • Others

Table of Contents

1 Preface2 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 Snapshot7 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

Companies Mentioned

  • 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

Methodology

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