Saudi Arabia Tire Pressure Monitoring System Market (2020-2026) | Value, Outlook, Companies, Size, Analysis, Forecast, Industry, Share, Trends, Growth, Revenue & COVID-19 IMPACT

A high number of accidents due to tire blowouts, commencements of projects to improve road safety by the Ministry of Transport (MoT), growing focus on fuel efficiency and sustainability, as well as the burgeoning automotive industry in the kingdom are the key drivers for the growth of tire pressure monitoring systems market in Saudi Arabia.

According to 6Wresearch, Saudi Arabia Tire Pressure Monitoring System Market size is anticipated to grow during 2020-2026. Eight road safety projects initiated by the Ministry of Transport in the kingdom in 2018 including the establishment of the National Road Safety Center, and three projects related to traffic safety equipment are expected to fuel the market for tire pressure monitoring systems during the forecast period. Also, the first tire plant set up by the National Tire Company in the industrial zone of Jubail is expected to start production in 2020 and is likely to positively impact the demand for tire pressure monitoring systems in the kingdom during the forecast period.

Based on types, direct TPMS segment is likely to contribute substantially to the market during the forecast period. Based on vehicle types, passenger cars segment accounted for a major share of market demand and is expected to register growth during the forecast period. Based on sales channels, aftermarkets segment is anticipated to grow considerably as safety regulations and increasing awareness make consumers more concerned about vehicle and passenger safety.

The Saudi Arabia tire pressure monitoring system market report thoroughly covers the market by types, sales channels, vehicle types, and regions including central region, western region, eastern region and southern region. The Saudi Arabia tire pressure monitoring system market outlook provides an unbiased and detailed analysis of the on-going Saudi Arabia tire pressure monitoring system market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

 

Key Highlights of the Report:                         

• Saudi Arabia Tire Pressure Monitoring System Market Overview
• Saudi Arabia Tire Pressure Monitoring System Market Outlook
• Saudi Arabia Tire Pressure Monitoring System Market Forecast
• Historical Data of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, for the Period 2016-2019
• Saudi Arabia Tire Pressure Monitoring System Market Size and Saudi Arabia Tire Pressure Monitoring System Market Forecast of Revenues and Volume, Until 2026
• Historical Data of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Types, Until 2026
• Historical Data of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Sales Channels, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Sales Channels, Until 2026
• Historical Data of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Vehicle Types, for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia Tire Pressure Monitoring System Market Revenues and Volume, By Vehicle Types, Until 2026
• Historical Data of Central Region Tire Pressure Monitoring System Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Central Region Tire Pressure Monitoring System Market Revenues and Volume, Until 2026
• Historical Data of Western Region Tire Pressure Monitoring System Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Western Region Tire Pressure Monitoring System Market Revenues and Volume, Until 2026
• Historical Data of Eastern Region Tire Pressure Monitoring System Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Eastern Region Tire Pressure Monitoring System Market Revenues and Volume, Until 2026
• Historical Data of Southern Region Tire Pressure Monitoring System Market Revenues and Volume, for the Period 2016-2019
• Market Size & Forecast of Southern Region Tire Pressure Monitoring System Market Revenues and Volume, Until 2026
• Market Drivers and Restraints
• Saudi Arabia Tire Pressure Monitoring System Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Saudi Arabia Tire Pressure Monitoring System Market Share, By Players
• Saudi Arabia Tire Pressure Monitoring System Market Share, By Regions
• Saudi Arabia Tire Pressure Monitoring System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Saudi Arabia Tire Pressure Monitoring System Market report provides a detailed analysis of the following market segments:

• By Types
• Direct Tire Pressure Monitoring System
• Indirect Tire Pressure Monitoring System
  
  
• By Sales Channels
• Original Equipment Manufacturers (OEMs)
• Aftermarkets
  
  
• By Vehicle Types
• Passenger Cars
• Commercial Vehicles
  
  
• By Regions
• Central Region
• Western Region
• Eastern Region
• Southern Region