The tire pressure monitoring systems (TPMS) market is expected to expand due to rising consumer demand for safety and improved vehicle performance. TPMS refers to a system that monitors and provides real-time information on tire pressure, temperature and other parameters related to tire health. Such systems are designed to help drivers maintain optimal tire pressures and alert them in...
Global sales of automotive bearings are set to be valued at over US$ 964.8 Mn in 2022, with a stable long-term projection, according to Future Market Insights (FMI). A new report estimates the market to expand at over 5.3% CAGR from 2022 to 2032.
According to Future Market Insights, the ongoing growth in the automotive sector in ASEAN region is expected to create opportunity for the automotive...
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