Growing use of TPMS will boost the global automotive MEMS market through 2019
Published: 18 February 2015 - Marianne Evans
With increased use of tire pressure monitoring systems (TPMS), the Global Automotive MEMS Market is expected to grow at a CAGR of 11% from 2014-2019, claimed research firm TechNavio.
“TPMS are designed to manage the tire pressure of a vehicle irrespective of the temperature variations that influence said pressure”
One of the most important applications of MEMS in the automotive sector is in TPMS, as it helps improve the safety of vehicles. TPMS analyses the pressure in the tires of a vehicle and warns the driver when the tires are underinflated, as underinflated tires are more prone to blowouts.
“TPMS are designed to manage the tire pressure of a vehicle irrespective of the temperature variations that influence said pressure,” said Faisal Ghaus, vice president of TechNavio.
Overall, the market is expected to be dominated by the Americas over the forecast period. However, the latest report by TechNavio draws attention towards China, which has emerged as the fastest growing market for the consumption of automotive MEMS devices. This is largely owing to the increasing focus on the safety applications for automobiles and emission-related issues.
“China's use of automotive MEMS is expected to increase during the forecast period, as it increases the deployment of automotive airbags and TPMS,” said Ghaus.
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