Tire Pressure Monitoring Market to Reach $183M in 2012

(October 22, 2007) Lyon, France— The current market for tire pressure monitoring system (TPMS) sensors is expected to reach $183M in 2012 from $168M in 2007, seeing a CAGR of 2% till 2012 in revenue due to a strong erosion of prices, despite an increase of 12% in volume, says a new report from Yole Developpement. 99% of direct TPM systems use MEMS pressure sensors.

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