TPMS and sensors
The global chip shortage is affecting many areas of vehicle production, and TPMS is no exception. We revisit this business at a time when the dearth of this vital component is expected to last into 2023. But such issues don’t detract from the importance of TPMS as a safety feature or a means of reducing CO2. This is a market tipped to grow around 7-9% CAGR globally between 2021 and 2026. In our January 2022 feature, Tyres & Accessories looks at trends in the TPMS sector as well as the key players and products.