TPMS Market to Substantially Increase

It's a no brainer. The TPMS market is growing at an exponential rate, with more and more countries adopting TPMS as a standard safety feature. So how much is the market going to grow in the next few years? A new study conducted by market research firm, Frost & Sullivan, estimates that the TPMS market will rearch $386.6 million in value by the year 2018. In 2011, the TPMS market was valued at $111.7 million. That's a 246% increase! 

Kumar Saha, Frost & Sullivan industry analyst says, "By 2014, nearly 38% of vehicles in North American will feature TPMS - a 13% increase from 2011 - thus, increasing the addressable market size. In Europe, the TPMS installed base, though much lower, is expected to more than double by 2014 due to supportive legislation." 

There's so much potential in the TPMS market. Increase your bottom line by incorporating TPMS service into your standard procedures. Ask us about our Wholesale program by emailing us at [email protected].